Weekly Roundup: WazirX Relaunch, Axi Loses Selfwealth Battle

Big deals, bold launches, and global moves — this week’s financial headlines spotlight everything from home savings in Canada to a $24 billion payments mega-deal.

IBKR Launches First Home Savings Account for Canadian Investors

Interactive Brokers, also known as IBKR, has introduced the First Home Savings Account (FHSA) for eligible Canadian residents, offering tax-free investment growth for individuals preparing to buy their first home. Read More

FPFX Tech Opens Cyprus Office to Support Growth in Prop Trading

FPFX Tech, a technology provider serving the proprietary trading industry, has opened a new office in Limassol as part of its international expansion strategy. Read More

Syfe Clinches Selfwealth Deal in A$65 Million All-Cash Acquisition

After a six-month bidding contest, Singapore-based investment platform Syfe has won the race to acquire Selfwealth, one of Australia’s top digital investing platforms, in a deal worth A$65 million (S$54.5 million). Read More

Feedzai Acquires Demyst to Strengthen Unified RiskOps and Data Orchestration Platform

Feedzai has announced the acquisition of Demyst, a leading data orchestration company known for its Zonic platform and advanced data-integration capabilities. Read More

Revolut Extends Fee-Free Currency Exchange to Weekends for Premium Customers

Revolut has removed additional weekend currency exchange fees for customers on its Premium, Metal, and Ultra plans. Read More

Webull Becomes Official Online Brokerage Partner of the Tampa Bay Rays and Rowdies

Webull has announced a new brand partnership with the Tampa Bay Rays and the Tampa Bay Rowdies for the 2025 season. Read More

Global Payments to Acquire Worldpay for $24.25 Billion and Sell Issuer Solutions Business to FIS

Global Payments Inc. has entered into definitive agreements to acquire Worldpay for a net purchase price of $22.7 billion and divest its Issuer Solutions unit to FIS for $13.5 billion, a transaction expected to close in the first half of 2026. Read More

From Bitcoin overtaking Google to Ethereum’s major upgrade and fresh legal battles shaking the U.S. crypto scene — here’s your roundup of the week’s biggest crypto stories.

WazirX Eyes Relaunch in 10 Days After Court Decision

Indian crypto exchange WazirX is preparing to restart its trading platform, pending a final decision from Singapore’s High Court on its restructuring and customer payout plan. Read More

Ethereum’s Pectra Upgrade to Launch on May 7

Ethereum developers have confirmed that the long-anticipated “Pectra” upgrade will go live on May 7, 2025, at epoch 364032, approximately 10:05:11 UTC. Read More

South Korean Exchanges Suspend SNX Token Amid Depeg Concerns

South Korean exchanges Upbit and Bithumb suspended deposits for Synthetix’s SNX token after the Digital Asset Exchange Alliance (DAXA) flagged the asset for potential risk. Read More

Tether Raises Stake in Juventus, Eyes Bigger Role in Club’s Finances

Tether has increased its stake in Juventus Football Club to more than 10%, strengthening its position as one of the largest shareholders in the Italian club. Read More

Oregon Snubs XRP Ruling in New Coinbase Lawsuit, Sparks Reaction

Alleging that Coinbase broke securities rules, the State of Oregon, in an unexpected legal action, has sued one of the biggest crypto exchanges in the United States. Read More

Stripe Prepares to Launch Stablecoin Built on Bridge Platform

Stripe is developing a new stablecoin-based product using technology from Bridge, the payments infrastructure firm it acquired for $1.1 billion in October 2024. Read More

Deutsche Bank and Standard Chartered Plan to Grow Crypto Presence in the US

Significantly reflecting the growing institutional interest in digital assets, Deutsche Bank and Standard Chartered are allegedly intending to grow their bitcoin activities in the United States. Read More

Bitcoin Overtakes Google to Become the 5th Largest Asset in the World by Market Cap

Officially surpassing Google in terms of market capitalization, Bitcoin has become the fifth most valuable asset worldwide. Read More

Kuwait Bans Bitcoin Mining Citing Energy Strain and Legal Violations

Kuwait has officially banned Bitcoin and cryptocurrency mining, citing significant strain on the national power grid and violations of regulatory frameworks. Read More

DeFi Development Corporation Deepens Solana Bet with $11.5M Token Purchase

DeFi Development Corporation (Nasdaq: JNVR), formerly Janover Inc., has made another significant investment in Solana (SOL), purchasing $11.5 million worth of tokens. Read More

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