Nik Milanović
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ndm.bsky.social
Nik Milanović
@ndm.bsky.social
140 followers 2 following 620 posts
fintech enthusiast
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The message is clear:

Stablecoins are becoming a core banking instrument – programmable, regulated, and ready for scale.
As Coinbase’s Brian Foster put it:

“Banks, brokers and fintechs are looking for partnerships involving a range of services including spot and derivatives trading, custody, staking and payments.”
Citi’s own “Future of Finance” team projects the stablecoin market could top $1T in five years (up from ~$300B today).
@Coinbase brings the infrastructure – it already powers 250+ financial institutions globally under its Crypto-as-a-Service arm.
Citi already built a tokenized-deposit platform that lets clients move money 24/7 within its network.

Stablecoins are the next step.
@Citi’s Head of Payments, Debopama Sen, says clients want “programmability, conditional payments, and 24/7 efficiency.”

That’s what stablecoins can unlock.
The collaboration focuses on:
→ Seamless transfers between crypto ↔ fiat, including cross-border.
→ Exploring on-chain stablecoin payments for institutions.
Citi just partnered with Coinbase to bring stablecoin payments to corporate clients.

What started as a crypto experiment is now crossing into mainstream banking infrastructure.
From custody-grade infrastructure to consumer wallets – Fireblocks is quietly building the connective tissue of the on-chain economy.
With this deal, Fireblocks steps closer to becoming the underlying wallet and payment layer for the next generation of digital asset applications.
The goal: make it easier for developers and enterprises to integrate stablecoins, tokenization, and crypto payments, without sacrificing security.
Fireblocks already serves 2,000+ clients and handles $85B/month in transactions.

The acquisition merges Dynamic’s wallet stack with Fireblocks’ MPC + secure hardware WaaS platform.
Dynamic was founded by Itai Turbahn and Yoni Goldberg, Israeli-born MIT grads.

It raised $21M (a16z crypto, Founders Fund) and its 30-person team will join Fireblocks.
Dynamic supports 50M+ wallets and simplifies everything from creation to authentication and onboarding.

It’s Fireblocks’ first step beyond banks and institutions – into developer- and consumer-facing crypto rails.
Fireblocks just made its biggest move yet toward consumer crypto.

The $8B blockchain infrastructure firm is acquiring Dynamic, an a16z-backed wallet platform, for $90M.
Crypto exchanges are no longer just trading venues.

They’re becoming the new investment banks of the on-chain economy.
Coinbase Chief Business Officer Shan Aggarwal said it best:
“Our goal is to make capital markets more open and accessible.”
Echo’s latest product, Sonar, opened public token sales to a broader investor base earlier this year.

That line between venture capital and on-chain fundraising is fading fast.
The timing lines up with a friendlier U.S. crypto environment under President Trump, including a national Bitcoin reserve and pro-innovation regulators.
Quick context:
→ 8th acquisition this year
→ Largest was Deribit for $2.9B (May)
→ Market cap: ~$90B
→ Shares up ~40% YTD
For Coinbase, the deal expands its role beyond trading – building toward a full-stack capital-formation platform.

A place where crypto companies can raise, list, and distribute tokens in one ecosystem.
Echo lets crypto projects raise capital directly on-chain – across private and public token sales.

It’s already helped raise $200M+ since launching last year.
Founded by well-known trader Jordan Fish (Cobie).
Coinbase just made its 8th acquisition of the year, and it’s a big play for the future of crypto capital markets.

The exchange is buying Echo, a blockchain fundraising platform, in a $375M cash-and-stock deal.
A $1 billion deal.
A 40-year-old treasury network.
And a signal that corporate finance’s next rails are being written on-chain.
For years, Ripple was about faster payments.

Now it’s building the operating system for enterprise liquidity, where treasury meets blockchain.