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Crypto

Lombard Finance launches bitcoin-backed credit product with Flow Traders as pilot partner

Lombard Finance, a bitcoin financial products startup, is launching a new product called the \"Bitcoin Onchain Credit Strategy,\" with global trading firm Flow Traders taking part as a pilot partner. The product is designed to let Flow borrow stablecoins for market-making without posting its own onchain collateral. Instead, bitcoin deposited in Lombard’s Bitcoin Earn yield product serves as collateral through an underwriting structure run on the CAP private credit platform.

Crypto

Franklin Templeton says stocks alone not enough in AI era, altcoins needed

Asset manager Franklin Templeton said that as agentic artificial intelligence spreads, stocks alone may not capture all investment opportunities and holding cryptocurrencies and altcoins may be necessary. Its digital assets and innovation head Sandy Kaul said rising on-chain transactions by autonomous AI agents could make tokens issued by related networks a core portfolio asset. She argued existing card and bank rails are ill-suited for machine-to-machine micropayments and cited projections for rapid market growth and adoption.

Crypto

Evernorth CEO says South Korea is a promising market, bets on XRPL DeFi

Ashish Birla (아시시 벌라), chief executive of crypto treasury firm Evernorth, said the sector can no longer grow by simply stockpiling coins and needs a structure that generates recurring income from held assets. He said Evernorth plans to make tokenised real-world assets and DeFi on the XRP Ledger central to its business. Birla cited growing tokenised assets and institutional participation, and called South Korea a promising market.