Saldo reported €196.9 million in assets at the end of June. The acquisition is expected to close in 2027, subject to regulatory approval.
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The proposed fund would have held stETH directly and offered brokerage-account exposure to Lido’s liquid-staking token. Its registration never became effective.
Contractor balances and payout history stay out of public view, while Deel retains records for reconciliation and audit.
Marc Vanlerberghe’s exit comes as new CEO William Herkelrath reviews initiatives and partnerships with the aim of making Algorand self-sustaining.
Stellar announced native Chainlink data services for DeFi applications, while XLM’s seven-day loss reached 7.85%.
The receiving address was published by Heart for a campaign that warned participants their coins could be sold and they would receive no benefit.
The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“
