USA

Ripple has agreed to acquire Canadian payment infrastructure fintech Rail for $200 million, as part of an effort to “drive the next phase of innovation and adoption of stablecoins and blockchain in global payments”, according to president Monica Long.  The deal is expected to close in Q4 2025, subject to regulatory approval and other customary…

Transak, a global web3 infrastructure services start-up providing fiat-to-crypto payment rails, has raised $16 million in a new strategic funding round. The raise follows a $20 million Series A headed by Hong Kong-based venture capital fund CE Innovation Capital (CEIC) in 2023. CEIC returned to support this latest round, which was led by Tether and…