Latest news with #Polygon

Associated Press
7 hours ago
- Business
- Associated Press
Fintech Digital Launches Subscription Based Web3 and Blockchain Marketing Service Amid Shifting U.S. Regulatory Climate
Fintech Digital, a Chicago-based financial marketing agency, has launched a subscription-based web3 and blockchain marketing service to meet the rising demand in blockchain and digital assets. The service includes access to senior strategists, AI agents for compliance messaging, and is tailored for web3 and blockchain brands seeking scalable growth. CHICAGO - June 2, 2025 ( NEWMEDIAWIRE ) - Fintech Digital, a leading financial marketing agency known for its strategic campaign work with traditional banks and fintech innovators, has officially launched a first of its kind subscription based web3 and blockchain marketing service. This move signals a strategic evolution for the Chicago-based firm, long recognized for its results driven work across regulated financial sectors. After a decade of serving blockchain pioneers like Polygon and regulated Swiss crypto banks, Fintech Digital is leveraging its existing institutional grade capabilities to meet a rising demand in the growing blockchain, AI and digital asset space. With U.S. sentiment shifting (evidenced by actions from financial giants like BlackRock), the firm now views the intersection of blockchain and banking not as a gamble, but as a mission. 'Having already served some of the largest blockchains and banks, the intersection of the two is the thing that really started to get us even more excited in a space that was a natural progression of the use of our resources, skills and talent,' said Josh Meyer, CEO and Founder of Fintech Digital. 'We look forward to serving the industry with the same level of excellence that we've applied to fintech and modern finance.' The subscription offering is built around a flexible pricing model and includes access to senior strategists, multi channel content execution, SEO and compliance conscious brand storytelling. Notably, each engagement includes a marketing trained, regulation aware AI agent developed by Fintech Digital to ensure consistent, compliant messaging at scale. Built to be used by internal marketing teams at crypto firms to add efficiency and capacity expansion to their marketing team. This is more than a pivot; it's an operational realignment. The firm has been restrained in previous years due to political and legal uncertainty. But with increasing regulatory clarity, and the U.S. poised to lead in tokenization and blockchain infrastructure, Fintech Digital is doubling down. 'Both our operational structure, the talent and resources at our agency make our commitment to serving the crypto industry both exciting and challenging,' said Alicia Palmer, Chief Operating Officer and Talent Director. 'In a world where AI, crypto and banking are converging, we just can't wait to see what the next chapter brings and how we can be there to help the industry tell its story and bring them to market with clarity.' Fintech Digital's new crypto marketing subscriptions reflect a matured market approach: high impact marketing built for today's agile, compliance first world. It's a tailored answer for blockchain brands seeking more, they want scalable growth, institutional grade messaging, and a partner who's been in the trenches. With over ten years of experience in crypto, from emerging DeFi startups to global financial institutions, Fintech Digital isn't entering the space. It's claiming the role it's already been playing, now, at full capacity. About Fintech Digital Fintech Digital is a full service marketing agency specializing in regulated finance and crypto marketing. Based in Chicago, IL, the firm supports banks, fintechs, and blockchain projects with growth marketing, web development, brand strategy, and go-to-market execution. Clients have included Polygon, Amina Bank, Opploans, and other pioneers at the intersection of money and technology. Learn more on Social Media: Linkedin Media Contact: Alicia Palmer Chief Operating Officer and Talent Director Fintech Digital [email protected] 312-348-7245 View the original release on
Yahoo
15 hours ago
- Business
- Yahoo
Jerome Powell To Step Down? X Abuzz With Rumors, But Polymarket Bettors Are Not Buying It
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bettors on Polymarket were not convinced about Jerome Powell's exit as rumors circulated that the Federal Reserve Chair would step down on Monday. What Happened: The odds for the betting contract titled "Will Trump remove Jerome Powell in 2025?" remained unchanged at 12%, despite strong speculation on X regarding his resignation. According to the rules, the market will resolve to "Yes" if Powell ceases to be Fed Chair before Dec. 31. Over $838,000 has been wagered on this outcome as of this writing. Note that Polymarket, which operates on the Polygon (CRYPTO: POL) blockchain, is unavailable to U.S. residents due to regulatory restrictions. Trending: — no wallets, just price speculation and free paper trading to practice different strategies. Widely followed X handles have been amplifying rumors that Powell will resign on Monday, despite no evidence supporting this possibility yet. The Fed didn't immediately return Benzinga's request for comment. Why It Matters: These developments come days after President Donald Trump summoned Powell to the White House. Trump informed the central bank chief that he was making a "mistake" by not lowering interest rates. Powell maintained the Fed's independence, stating that monetary policy "will depend entirely on incoming economic information. The rates have been kept steady at 4.25% to 4.50% for the third consecutive meeting. Tensions between Trump and the central bank over the direction of interest rate policy have persisted. Trump has continuously called for further cuts, arguing that inflation is no longer a pressing issue. While Trump has taken potshots at Powell, he stated earlier that he had 'no intention' of firing the Fed Chair. Read Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Photo Courtesy: on Send To MSN: Send to MSN This article Jerome Powell To Step Down? X Abuzz With Rumors, But Polymarket Bettors Are Not Buying It originally appeared on
Yahoo
17 hours ago
- Business
- Yahoo
Exclusive: Polygon co-founder Sandeep Nailwal says ‘no plans' for ETF, slams premature filings
Exclusive: Polygon co-founder Sandeep Nailwal says 'no plans' for ETF, slams premature filings originally appeared on TheStreet. As the crypto market sees a flurry of exchange-traded fund (ETF) filings following the greenlight for Bitcoin and Ethereum ETFs, Polygon co-founder Sandeep Nailwal says the network has no intention of joining the rush — at least not anytime soon. 'Most of the crypto companies are filing for these ETFs, while most of them know that it's not going to be approved for the next 3-4 years,' Nailwal said in a conversation with TheStreet Roundtable's Senior Editor Mehab Qureshi. 'They are not that decentralized, they are not that trustless and all that.' Rather than spending millions in lobbying and legal fees to push for a token-backed ETF, Nailwal said Polygon's strategy is to focus on product development and user growth. The U.S. Securities and Exchange Commission (SEC) is currently reviewing over 70 crypto-related ETF filings, signaling a growing appetite among asset managers to offer regulated exposure to altcoins. Following the landmark approvals of spot Bitcoin ETFs in January 2024 and spot Ethereum ETFs in May 2024, firms have expanded their focus beyond the top two cryptocurrencies. Now, new filings include applications for ETFs tied to Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Litecoin (LTC), and even Tron (TRX). 'When the asset is ready, the market actually automatically goes forward,' Nailwal said. 'I would want to take Polygon's fundamental interaction to a place where a large ETF provider reaches out to us automatically. Instead of we paying millions of dollars that, we'll go and buy our ETFs.' His remarks come amid growing optimism in the crypto industry after the approval of Ethereum ETFs and the launch of dozens of filings from smaller firms, many betting on future regulatory clarity under the Trump administration. But Nailwal says filing for an ETF prematurely could be a distraction. 'I don't want to spend any of that. I better focus my efforts on getting the fundamental traction of users,' he said. 'And then the ETFs and the markets will push forward.' In the same conversation, Nailwal also addressed concerns around Ethereum's stagnating price action and declining narrative dominance. 'There was a narrative violation for Ethereum that maybe Ethereum was not the L1,' he said, referring to the rise of other layer-2 execution environments that pulled attention away from Ethereum's core value. 'But if you see in terms of the value, I think still around 80 to 90 percent of all the value created in crypto exists on Ethereum,' he added. 'Ethereum powers the settlement for the security and the subvention for hundreds and hundreds of these layer-1 chains.' Nailwal acknowledged that questions remain about how ETH as an asset accrues value, but emphasized the broader ecosystem remains robust. While Polygon is open to re-evaluating its ETF stance depending on macroeconomic changes, Nailwal said it will take more than market noise to move the needle. 'If the Fed pivots and the rates start going down… and then we start seeing a lot of demand on the ETF side. Sure, we might look into that,' he said. 'But as of now, [we] will be completely focused on our products.' Exclusive: Polygon co-founder Sandeep Nailwal says 'no plans' for ETF, slams premature filings first appeared on TheStreet on Jun 2, 2025 This story was originally reported by TheStreet on Jun 2, 2025, where it first appeared.


Mint
20 hours ago
- Business
- Mint
$APLD stock shooting through the roof at Nasdaq? Here's what the data suggests
The $APLD stock has risen by more than 43% today, with an approximate $1,238,513,662 of trading volume, according to Polygon's data. Institutional investors are constantly increasing shares of $APLD stock to their portfolio, with atleast 168 doing so in the most recent quarter. Some of the latest portfolio additions Hood River Capital Management LLC adding a whopping 6,119,295 shares to their portfolio in the first quarter of 2025, for an estimated amount of $34,390,437. Situational Awareness LP comes next after adding 4,035,600 shares to their portfolio in 2025's Q1 for an approximate amount of $22,680,072, according to Nasdaq. It is also noteworthy that there are 132 institutional investors, who have decrease their positions with $APLD stock in their most recent quarter. According to Nasdaq, the recent moves include: Diameter Capital Partners LP removed 6,327,161 shares from their portfolio in Q4 2024, for an estimated $48,339,510. Millenium Management LLC removed 5,092,834 shares from their portfolio in the first quarter of 2025, for an estimated $28,621,727 Sona Asset Management (US) LLC removed 3,641,158 shares from their portfolio in the fourth quarter of 2024, for an estimated $27,818,447. Even The Motley Fool's recent report suggests that Applied Digital Corp is currently a viable and investible stock. According to them, 'Applied Digital isn't a household name. Give it time, though, and you'll be benefiting from this organization's solutions soon enough. Applied Digital builds artificial intelligence (AI) data centers into existence from the ground up, the right way. In its infancy, it wasn't a problem that needed solving -- AI was more experimental than a revenue-bearing product. That's changed, however. Artificial intelligence data centers are now everywhere, and consuming more electricity than the world planned on ever needing to supply them.' Applied Digital mostly functions around the development of neural networks, along with designing and building entire data center buildings. This is done keeping in mind the unique power requirements for these data centers. AI data center development is a relatively new avenue of technological development, meaning that $APLD's stock can perform well for investors over time.
Yahoo
6 days ago
- Business
- Yahoo
Polygon, GSR Release Katana Network Tackle DeFi Fragmentation
Katana, a new decentralized finance (DeFi)-focused blockchain incubated by industry heavyweights Polygon and GSR, shared on Wednesday that its private mainnet has gone live. The new layer-2 blockchain will unify 'all liquidity in a set of protocols and collect yield from all potential sources," the team shared in a press release sent to CoinDesk. Katana's goal is "to power a self-sustaining DeFi engine for long-term growth,' it said. Marc Boiron, the CEO of Polygon Labs, told CoinDesk that Katana emerged to address DeFi fragmentation, where digital assets are distributed across various apps and ecosystems, making certain types of investing cumbersome. Katana was built using AggLayer — Polygon's platform for building interoperable blockchains. 'One of the things that we want is a super deep liquidity hub on the AggLayer, so that every chain can tap into that,' Boiron said. 'When you look across everything in crypto, what you realize is that there's actually no chain that's built very well for actually having deep liquidity.' Katana aims to improve blockchain liquidity — including lending, trading, and yield bearing strategies — by integrating with popular apps like Sushi, a major decentralized exchange, and Morpho, a popular decentralized lending ecosystem. Polygon Labs, the team behind the layer-2 network, helped design the chain, while GSR, the crypto market-maker, advised on the user experience and is lending liquidity to help get the platform off the ground. 'We are providing the on-chain liquidity — or 'grease' — to make sure that people can actually use the chain on day one,' said Jakob Palmstierna, President at GSR. Currently, Katana is open to a limited group of users. It includes a pre-deposit phase that allows users to park their ETH, USDC, USDT, and WBTC for a chance to win KAT tokens, the network's new governance and utility token. Though activity is limited at this private stage, early deposits are being incentivized through a lootbox-style reward system. Katana's public mainnet is expected to arrive at the end of in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data