DBS and J.P. Morgan’s Kinexys develop interoperability framework for tokenized deposits

The post DBS and J. P. Morgan’s Kinexys develop interoperability framework for tokenized deposits appeared com. Today, Singapore’s DBS Bank and Kinexys, a J. P. Morgan company, have collaborated to create an interoperability framework that facilitates tokenized value transfers between their respective on-chain ecosystems. According to the press release, the framework seeks to establish a new industry standard for the real-time, international settlement of tokenized deposits in both public and permissioned blockchains. The framework, which is still under development, will enable transactions between clients of Kinexys Digital Payments and DBS Token Services on both public and permissioned blockchain networks. According to the framework, on the public base blockchain, a JP Morgan institutional client would use JP Morgan Deposit Tokens (JPMD) to pay a DBS client. Additionally, after receiving the JPMD tokens, the DBS client would have the option to convert them into DBS tokens or redeem them for fiat money. According to DBS, the goal is to build a framework that others can use. Notably, the framework is designed to work across different blockchain environments. DBS and Kinexys unite to boost interoperability framework Rachel Chew, Group Chief Operating Officer and Head of Digital Currencies, Global Transaction Services, DBS Bank, said that businesses can navigate global risks and seize new opportunities with the optionality, agility, and speed that instant 24/7 payments offer. Chew claimed that interoperability is still essential to minimizing fragmentation. She added that interoperability guarantees the safe cross-border transfer of the full value as the digital asset ecosystem expands. “Our collaboration with Kinexys by J. P. Morgan to develop an interoperability framework is therefore a significant milestone for cross-border money movement, with the potential to pave the way for future partnerships.” -Rachel Chew, Group Chief Operating Officer and Head of Digital Currencies, Global Transaction Services, DBS Bank. Naveen Mallela, global co-head of Kinexys, stated that collaborating with DBS on the project is a clear example of how.

Gemini launches XRP perpetual contracts for EU users with up to 100X leverage

The post Gemini launches XRP perpetual contracts for EU users with up to 100X leverage appeared com. Key Takeaways Gemini has launched XRP perpetual contracts for European Union users. The contracts support up to 100x leverage, allowing traders to amplify positions. Gemini, a cryptocurrency exchange, today launched XRP perpetual contracts for EU users with leverage up to 100x. The new product allows traders in the European Union to take long or short positions on XRP without expiry dates. The perpetual contracts enable directional exposure to XRP price movements through Gemini’s offshore exchange platform. Users can access enhanced risk management tools as part of the offering. Gemini continues expanding its perpetual contract trading options for international users, adding various crypto assets to its leveraged products suite for markets outside the US. Source:.

Soha Ali Khan breaks down Lenskart’s Rs 7,278 crores IPO; says, “It’s expensive compared to the current profits”

Eyewear giant Lenskart Solutions Ltd recently closed its much-anticipated Rs 7, 278 crores initial public offering (IPO) on November 4, 2025, attracting massive investor interest with subscription rates soaring to over 28 times. The IPO price band was fixed between Rs 382 and Rs 402 per share, valuing the company near Rs 70, 000 crores at the upper end. Lenskart’s IPO comprised a fresh issue worth Rs 2, 150 crores and an offer for sale (OFS) of about Rs 5, 128 crores by its promoters and early investors including SoftBank Vision Fund II, Schroders Capital, and Temasek. Lenskart, founded in 2008 by Peyush Bansal and Amit Chaudhary, today operates over 2, 700 stores across India and international markets. The company reported revenues of Rs 6, 652 crores for FY25 and is India’s largest organized eyewear retailer by volume. Proceeds from the IPO will fund expansion of company-operated stores, technology investments, marketing campaigns, and other corporate purposes. In the midst of the huge IPO frenzy, Bollywood actress Soha Ali Khan brought financial literacy to the forefront. Sharing a concise yet insightful video on social media, she urged followers to understand the IPO fully before investing, pointing out that it is “expensive compared to the current profits.” Soha said, “If you believe in the brand long term, then great. But if you’re hoping to get rich by next Friday, then maybe have another think.”She simplified the concept of an IPO for her fans, explaining it as the first time a private company offers shares to the public: “It’s saying, ‘Hey, now you can own a tiny piece of our company.’” Soha’s message resonated widely at a time when a high valuation and massive retail appetite combined to create a sell-out IPO event. View this post on Instagram A post shared by Soha (@sakpataudi) The allotment for the IPO will be announced on November 6, with shares slated for listing on BSE and NSE from November 10, 2025. Despite some valuation concerns from analysts, the IPO has been praised for its strong investor confidence, especially from qualified institutional buyers who subscribed 40 times their quota. Also Read: Soha Ali Khan on starring in Chhorrii 2, “To play an antagonist in horror is not something I’ve done before”.

Sitemap Index