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Finance & Markets

Revolut rolls out euro stablecoin

Revolut has begun a phased rollout of its first stablecoin, euro-backed EURR, to eligible customers in Denmark, Poland, and Portugal, with wider availability in other EEA markets expected later this year.

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

Also reported by 3 other outlets

Read the original at finextra.com →

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SPX Capital loses key Singapore traders amid broader global restructuring

Brazilian hedge fund SPX Capital has lost its two main portfolio managers in Singapore as the firm continues to reshape its global operations following a period of weaker performance and investor…

  • Two key Singapore portfolio managers left SPX Capital in June and August.
  • Soh Yang Yao joined rival hedge fund Marshall Wace earlier this year.
  • William Bethlem, former Singapore chief executive, relocated to New York.

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