The fund will allocate 30% to crypto tokens and 70% to financial services stocks, taking both long and short positions to capitalize on market shifts.
Institutional crypto platform Anchorage Digital is looking to raise hundreds of millions of dollars of fresh capital as it eyes a potential Initial Public Offering.
The raise would be in the $200 million to $400 million range, while a possible IPO is slated for sometime next year, according to a Bloomberg report on Friday, citing people familiar with the matter who asked to remain anonymous.
Anchorage’s affiliate, Anchorage Digital Bank National Association, became the first federally chartered crypto bank in 2021 and is now well-positioned to lead stablecoin issuance and related services following the passage of the GENIUS Act in July.
Anchorage CEO Nathan McCauley said in September that he planned to double the company’s stablecoin team over the next year to accommodate the expected boom in digital dollars.
“2025 was our year of scale. We made a series of acquisitions, inked major partnerships, and launched new business lines like stablecoin issuance to solidify our lead in institutional crypto,” an Anchorage spokesperson told Bloomberg.
One of those partnerships included Tether, the issuer behind the largest stablecoin, USDT, with the two companies announcing plans in September to launch a USAT token in the US.
Anchorage is expanding its crypto offerings
Anchorage also provides custody, trading, and staking services for banks, hedge funds, and venture capital firms, acting as a regulated bridge for TradFi players to access crypto.
In December, Anchorage also expanded its wealth management arm through the acquisition of Securitize For Advisors and token lifecycle management by integrating Hedgey.
Related: Goldman Sachs CEO says CLARITY Act ‘has a long way to go‘
Anchorage secured $350 million in funding late 2021, led by KKR & Co, with participation from Goldman Sachs, GIC, and Apollo credit funds.
Anchorage’s valuation was marked at over $3 billion at the time.
Other crypto leaders are looking at IPOs in 2026
Meanwhile, one of Anchorage’s crypto custody competitors, BitGo, filed S‑1 IPO paperwork to list on the New York Stock Exchange in September, while crypto trading platform Kraken filed an S-1 in November and is eyeing a public listing in early 2026.
Magazine: One metric shows crypto is now in a bear market: Carl ‘The Moo
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
Ubyx provides a global clearing system for tokenised deposits and stablecoins.
LONDON and NEW YORK, Jan. 7, 2026 /PRNewswire/ — Barclays has announced a strategic investment in Ubyx Inc., a U.S. based clearing system for digital money including tokenised deposits and regulated stablecoins.
“Interoperability is essential to unlock the full potential of digital assets. As the landscape of tokens, blockchains and wallets evolves, specialist technology will play a pivotal role in delivering connectivity and infrastructure to enable regulated financial institutions to interact seamlessly. We are pleased to be joining Ubyx on their journey as we drive forward our shared ambition to accelerate and shape innovation across our industry,” said Ryan Hayward, Head of Digital Assets and Strategic Investments at Barclays.
Tony McLaughlin, CEO of Ubyx said, “Our mission is to build a common globalised acceptance network for regulated digital money including tokenised deposits and regulated stablecoins. Bank participation is vital to provide par value redemption through regulated channels. We are entering a world in which every regulated firm offers digital wallets in addition to traditional bank accounts.”
This investment comes at a time of growing interest in new forms of digital money based on tokens transacted on public blockchain infrastructures. Regulatory clarity is moving forward in several jurisdictions, and evidence of growing adoption outside of cryptocurrency use-cases is emerging. Barclays and Ubyx are committed to the responsible development of tokenised money within the regulatory perimeter.
About Barclays:
Our vision is to be the UK-centred leader in global finance. We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank. Through these five divisions, we are working together for a better financial future for our customers, clients and communities.
For further information about Barclays, please visit our website home.barclays
About Ubyx:
Ubyx was founded to facilitate tokenised money ubiquity, connecting multiple issuers with multiple receiving institutions in a common settlement environment that allows redemption of digital money at par value, supporting the singleness of money.
For more information visit https://ubyx.xyz
South Korea’s long-awaited Digital Asset Basic Act (DABA), a sweeping framework meant to govern crypto trading and issuance in one of Asia’s most active digital asset markets, has been delayed amid disagreements among regulators over stablecoin issuance.
The most significant disagreement centers on who should have the legal authority to issue KRW-pegged stablecoins, according to a Korea Tech Desk article. The Bank of Korea (BOK) argued that only banks with majority (51%) ownership should be permitted to issue stablecoins. It said financial institutions are already subject to stringent solvency and anti-money-laundering requirements and therefore the only ones in position to ensure stability and protect the financial system.
The Financial Services Commission (FSC), which oversees financial policy-making, is more flexible. It acknowledged the need for stability, but warned that a strict “51% rule” could stifle competition and innovation, blocking fintech firms with the technical expertise to build scalable blockchain infrastructure from participating, according to the report.
The FSC cited the European Union’s Markets in Crypto-Assets regulation, in which most licensed stablecoin issuers are digital asset firms rather than banks. It also pointed to Japan’s fintech-led yen stablecoin projects as an example of regulated innovation.
The deadlock highlights a broader global debate over whether banks or fintech firms should control fiat-backed stablecoins, a decision that could shape competition, innovation and monetary oversight.
The ruling Democratic Party of Korea (DPK) also opposes the BOK’s 51% rule, a Korea Times article reported last week.
“A majority of participating experts voiced concerns about the BOK’s proposal, with many questioning whether such a framework could deliver innovation or generate strong network effects,” DPK lawmaker Ahn Do-geol said. “It is also hard to find global legislative precedents in which institutions from a specific sector are required to hold a 51%.”
He said the BOK’s stability concerns could be mitigated through regulatory and technological measures, a view the lawmaker added, “is broadly shared among policy advisors”.
Foreign-issued stablecoins are also another key sticking point. According to an earlier draft of the government proposal prepared by the FSC, foreign-issued stablecoins would be allowed in South Korea if they are licensed and have a branch or subsidiary in the country. That would require issuers such as Circle, which issues USDC, the world’s second-largest stablecoin, to establish a local presence for the token to be legally used in the country.
The regulatory deadlock is expected to delay the bill’s passage until at least January, with full implementation now unlikely before 2026, according to AInvest. South Korea’s digital assets act marks a significant shift in a country that for nine years banned crypto, a stance that its financial watchdog began to soften earlier this year.
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Hong Kong, China, December 8th, 2025, Chainwire
Moca Network, a flagship project by Animoca Brands to build the world’s largest chain-agnostic decentralized digital identity network, today announced the beta launch of MocaProof, a gamified digital identity verification and reward platform that leverages blockchain to simplify and advance data privacy and self-sovereignty.
MocaProof enables privacy-preserving credential verification for participants to prove ownership, participation, and qualifications on various on-chain and off-chain ecosystems, without the need to disclose raw data or identifiable information.
MocaProof is integrated with Moca Network’s AIR Kit and Moca Chain to enable reusable, interoperable, and verifiable identity data across its network of platforms, providing zero-knowledge proof, decentralized data storage, on-chain monetization, and single sign-on.
Kenneth Shek, project lead of Moca Network, said: “MocaProof establishes a foundation for verifiable, privacy-preserving digital identity, allowing users and enterprises to participate in credential-based ecosystems without compromising data ownership or compliance standards. MocaProof is where identity is created and reputation is accrued, enabling composable reward distribution through verified credentials.”
MocaProof allows users to explore and verify credentials in its credential proof marketplace across categories including influence, finance, loyalty, and activity. All credentials available through the credential proof marketplace are issued by verified partners and validated using zkProofs, ensuring both the integrity and interoperability of private data.
MocaProof includes a virtual companion named Mocat, a cute and friendly character within the Mocaverse. Mocat provides users of MocaProof with a personal visualization of their verified credentials. As a user verifies more credentials through MocaProof, their Mocat evolves with different traits that represent the growth and rarity of the user’s verified data. The evolution of a Mocat will also unlock rewards, depending on the Mocat’s rarity.
In addition, it is intended that MocaProof will integrate an incentive framework that enables users who verify their credentials through MocaProof to claim rewards starting from the official launch. Verified users can earn MOCA Coin (MOCA), airdrops of tokens provided by Moca Network’s partners, AIR SP (the stablecoin-backed loyalty points that can be spent in AIR Shop, Moca Network’s verifiable loyalty platform), and more.
MocaProof beta launch is currently available on the Moca Chain Testnet, and is scheduled to transition to mainnet later in 2026. To commemorate the launch of MocaProof, a month-long campaign featuring NFT-related credentials and an NFT competition will feature a reward pool equivalent to US$50,000. For more information, users can visit app.moca.network.
About Moca Network
Moca Network is building the world’s largest chain-agnostic decentralized identity network, with privacy-preserved infrastructure for identity verifications, and interoperability of users and data across industries and ecosystems. As the premier identity ecosystem created by Animoca Brands, Moca Network brings together over 600 portfolio companies, more than 700 million addressable users, and a diverse range of enterprise partners. Moca Network utilizes MOCA Coin as its utility and governance token.
Moca Network Blog: https://moca.network/blog/
Website: https://moca.network
Telegram: https://t.me/MocaverseCommunity
Discord: http://discord.gg/MocaverseNFT
Contact
Liane Lau
press@animocabrands.com
FEDGPU, a global provider of intelligent cloud computing and Web3 infrastructure, announced the launch of a new AI cloud computing architecture for the digital finance and blockchain industries. This architecture aims to create a high-performance, transparent, and secure fintech ecosystem by combining artificial intelligence computing power with decentralized technology. The platform provides investors, institutions, and developers with verifiable, compliant, and low-barrier-to-entry cloud computing power services, accelerating the intelligent upgrade of the digital economy.
AI-Driven New Computing Power Engine, Empowering Digital Financial Innovation
The FEDGPU cloud computing platform employs an advanced AI algorithm scheduling engine that can analyze task type, network load, and energy usage in real time to automatically allocate optimal computing resources. Users can quickly access the global GPU network without deploying complex hardware or possessing technical background.
This intelligent system not only significantly improves computing power utilization but also enables applications such as blockchain finance, digital asset management, DeFi protocols, and data analytics to achieve higher efficiency and lower latency.
- “AI is reshaping the underlying logic of the financial system, and computing power is the foundation of this transformation,” said the CTO of FEDGPU. “We hope to make digital finance safer, more efficient, and more inclusive through intelligent cloud computing.”
Key Highlights at a Glance:
Free Registration, Free Computing Power: First-time users receive an $18 computing power bonus, allowing them to start earning immediately.
No Equipment or Electricity Costs Required: No hardware, electricity costs, or professional skills are needed—your phone becomes your “mobile computing power center.”
Supports Multiple Major Cryptocurrencies: Supports BTC, ETH, XRP, USDT, DOGE, SOL, USDC, and other major digital currencies.
Daily Automatic Income Settlement: The system automatically calculates and distributes income daily, with funds arriving in real-time, ensuring high efficiency and transparency.
Multi-Language and Multi-Currency Support: The application features a multi-language interface and global wallet access, ensuring a seamless user experience.
Joining FEDGPU cloud computing power is easy in just three steps:
Step 1: Visit the FEDGPU official website and register using your email address. Register to receive a $18 welcome bonus and easily start your AI computing journey.
Step 2: Choose a computing power contract. The platform offers various computing power packages (short-term, high-yield, and long-term) to meet different investment preferences.
| Contract Type | Investment Amount | Net Income | Total Return |
| New User Experience Contract | $100 | $6 | $106 |
| Classic Hashrate Contract | $1,100 | $220.20 | $1,320.20 |
| Advanced Hashrate Contract | $5,500 | $2,475 | $7,975 |
| Advanced Hashrate Contract | $11,000 | $7,667 | $18,667 |
| Super Hashrate Contract | $53,000 | $50,350 | $103,350 |
[Click to view the full contract]
Step 3: Activate the contract. The contract will take effect immediately upon payment, and you will begin receiving stable income the following day.
Integrating the Blockchain Ecosystem to Build a New Smart Investment Model
Through a distributed computing network, FEDGPU allows investors to directly participate in core computing activities within the AI and Web3 ecosystems. Platform revenue is linked to computing power output, making investors both participants and contributors to the development of the smart economy.
Furthermore, the system supports automatic reinvestment, profit rebalancing, and risk diversification, enabling users to manage their cloud assets more flexibly.
- “Our goal is to make computing power a globally shared productivity resource,” a FEDGPU spokesperson stated. “Through FEDGPU, investors can not only obtain transparent returns but also truly participate in the construction of the smart economy.”
About FEDGPU
FEDGPU is a global technology company headquartered in the UK, focused on AI cloud computing and Web3 infrastructure. Its platform, centered on high-performance GPU clusters, intelligent scheduling algorithms, and on-chain settlement systems, provides secure, transparent, and compliant cloud computing services to individuals and institutions.
Leveraging its global data center network and clean energy deployments, FEDGPU is leading the deep integration of digital finance and the blockchain industry, driving the global economy towards a new era of intelligence and decentralization.
summary
With the deep integration of artificial intelligence and blockchain technology, FEDGPU is reshaping the digital finance ecosystem through its intelligent cloud computing platform. Leveraging its high-performance GPU network, AI-powered intelligent scheduling, and transparent on-chain settlement mechanism, the platform provides secure, compliant, and efficient computing power services. FEDGPU not only enables investors to participate in the digital economy more easily but also provides a solid foundation for global fintech innovation, propelling the industry towards a new era of intelligence and decentralization.
Official website: www.fedgpu.com
Customer Service Email: info@fedgpu.com
DUBAI, UAE, Oct. 30, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that its staked SOL token, bbSOL, is now supported for institutional custody by Anchorage Digital, home to the first federally chartered crypto bank in the United States.
This collaboration marks a significant step in positioning bbSOL as an institutional-grade liquid staking token (LST) within the Solana ecosystem, offering regulated entities a trusted pathway to participate in on-chain yield generation.
bbSOL, Bybit’s exchange-backed staked SOL asset, enables users and institutions to access Solana staking rewards while maintaining liquidity and flexibility. With Anchorage Digital Bank’s secure custody solution, bbSOL holders can now enjoy bank-grade security and compliance under U.S. federal oversight—building confidence among funds, asset managers, and enterprises seeking exposure to Solana DeFi.
“Anchorage Digital’s integration represents a major leap in bbSOL’s evolution as an institutional-ready product,” said Emily Bao, Head of Spot at Bybit and Founder of Byreal. “By combining liquidity with regulatory assurance, we’re offering institutions a compliant and transparent entry point into Solana’s DeFi landscape—anchored in the stability and integrity of Bybit.”
“We’re thrilled to unlock additional opportunities for institutions to participate in the Solana ecosystem through liquid staking, backed by Anchorage Digital’s security,” said Nathan McCauley, CEO and Co-Founder, Anchorage Digital.
Through Anchorage Digital’s infrastructure, bbSOL now bridges exchange-grade performance with institutional-grade protection. The partnership underscores Bybit’s commitment to shaping a secure, compliant, and yield-efficient gateway to decentralized finance for the next wave of institutional participants.
#Bybit / #CryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
According to remarks by Federal Reserve Governor Christopher J. Waller at the Payments Innovation Conference on October 21, 2025, Fed staff are examining a new kind of account that would let certain non-bank firms connect directly to the central bank’s payment system. Reports have disclosed the idea is being called a “payment account” or informally a “skinny” master account.
What The Federal Reserve Is Proposing
The plan would stop short of giving full bank privileges. The accounts would likely not earn interest and would not have access to the Fed’s discount window. Balance caps and other risk limits are expected to be part of the design. Waller said staff are still working through the details and that the concept remains exploratory rather than a finalized rule.
Limits And Safeguards
Regulators intend to keep guardrails. According to public comments, only “legally eligible” entities would qualify. That phrase leaves open which corporate forms — for example, trust companies, state-chartered firms or other charter types — will be allowed.
🌊 Fed opens the gates for fintech and crypto access
Federal Reserve Governor Christopher Waller revealed today that the Fed is studying a new model of “payment accounts”. Streamlined accounts that would allow fintech and crypto firms to access the Fed’s payment infrastructure,… https://t.co/QphKaopcRo
— StrongSHx (@StrongSHX) October 21, 2025
Reports note the accounts would be smaller in scope than a normal master account, with explicit restrictions aimed at reducing exposure to the payment system. Oversight, AML/KYC checks and operational risk controls are expected to be central to any application process.
The Federal Reserve. Photo: Shutterstock
Why This Matters Now
Access to the Fed’s rails has long been limited to banks, which forced many fintech and crypto firms to rely on intermediary banks. Connecting directly, even in a limited way, could reduce steps in settlement and cut certain counterparty risks.
There is also context: the Fed withdrew earlier guidance on bank crypto activities this year — on April 24, 2025 — signaling a shift in tone toward integrating new players into payments.
Who Stands To Gain Or Lose
Crypto firms and stablecoin issuers could find it easier to move funds and settle transactions. Banks that currently provide access to non-banks may face stiffer competition for those services.
At the same time, regulators and bank supervisors will still carry the burden of preventing fraud, illicit finance and operational breakdowns. Market participants are likely to watch how the Fed coordinates with the OCC and the FDIC on questions of charters and deposit insurance.
Featured image from Unsplash, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
In the fast-evolving age of artificial intelligence, computing power has become the world’s most valuable digital resource.
AI model training, inference, and optimization require massive computational capacity — yet the high cost of hardware and complex maintenance have kept most individuals out of reach.
FiveCrypto was created to change that.
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🌐 Official Website: www.fivecrypto.com
📩 Official Email: info@fivecrypto.com
📱 App Download: https://www.fivecrypto.com/app
