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ARTICLE · 30 OCTOBER 2024

Weekly Blockchain Blog – October 28, 2024

BakerHostetler
BakerHostetler
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According to a recent report, a major U.S. fintech company intends to purchase a stablecoin infrastructure provider. While the fintech company itself has not confirmed the figure, the deal reportedly is valued at $1.1 billion.

United StatesTechnology
Robert A. Musiala Jr.
Robert A. Musiala Jr.
Keith R. Murphy
Keith R. Murphy
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Crypto Integration Initiatives Continue, Crypto Exchange Data Published

By Keith R. Murphy

According to a recent report, a major U.S. fintech company intends to purchase a stablecoin infrastructure provider. While the fintech company itself has not confirmed the figure, the deal reportedly is valued at $1.1 billion.

In other news, hardware wallet manufacturer Ledger announced that it has partnered with DeFi protocol THORChain to allow users to swap assets across blockchains from within the Ledger mobile app, according to a recent report. This is reportedly the first time Ledger has integrated a DeFi protocol into its mobile user app for purposes of enabling native swaps between blockchains. The report also quotes THORChain's founder discussing potential additional integrations in the future.

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