Circle margin squeeze, Kalanick's $1.7B bet, and ServiceNow's banking wedge
Regulation Watch
Clarity Act's stablecoin rules may squeeze Circle's margins

Mizuho flags that federal reserve requirements under Clarity Act could compress Circle's yield economics — regulatory legitimacy has a real cost here.

Why stablecoin regulation could hurt Circle more than it helpsWarn your network →
via The Block
Money Moves
Sifted buys Onstage to own the founder event stack
ACQUIRED

Sifted is consolidating European startup media and live events — a direct play to own founder attention and sponsorship budgets that rivals can't easily replicate.

Why media-plus-events is becoming the defensible model in startup publishingPost the numbers →
via Sifted
Kalanick raises $1.7B to digitize atoms-heavy industries
$1.7B

A $1.7B bet on physical AI for mining, construction, and heavy transport signals industrial digitization is attracting the same capital gravity as enterprise software once did.

Why physical AI is pulling serious capital away from pure software playsAdd your angle →
via PYMNTS
Quick Hits
Banks must embed accounting or lose mid-market treasury

API-first treasury tools are eroding the relationship moat banks relied on — mid-corporate CFOs now expect accounting logic built into their banking layer.

Why embedded accounting is the new battleground for mid-market banking primacyYour network needs this →
via Finextra
ServiceNow's $40M bet targets AI-native banking software globally

ServiceNow is using BusinessNext to wedge into core banking workflows — a direct threat to legacy players like Salesforce Financial Services Cloud and niche CRM vendors.

How ServiceNow is quietly becoming a serious threat in financial services softwareYour network needs this →
via TechCrunch
Mirae Asset's Korbit buy signals institutional crypto is normalizing

A major Korean asset manager taking near-full control of a crypto exchange marks a structural shift — traditional finance isn't partnering with crypto anymore, it's absorbing it.

Why Mirae's Korbit acquisition is a template for how TradFi absorbs crypto infrastructureYour network needs this →
via The Block

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