WisdomTree does not see pending U.S. crypto legislation as a prerequisite for innovation, even as policymakers debate new rules for digital assets.“I don’t [think] it would inhibit anything that we’re trying to do,” said Will Peck, the firm’s head of digital assets, referring to the proposed Clarity Act. “We don’t view it as a gatekeeper.”The Clarity Act, which is pending approval from Congress, aims to establish clearer jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), while setting rules for how digital assets are classified and regulated. Supporters say it could reduce uncertainty that…

OpenFX, a fintech startup focused on foreign exchange and remittances, raised $94 million in a Series A funding round to expand its stablecoin-based payments network.The round included Accel, Atomico, Lightspeed Faction, M13, Northzone and Pantera. The company said it plans to use the funds to increase liquidity, enter new markets and expand operations in Southeast Asia and Latin America.“The global FX market processes more than $200 trillion annually, yet the core settlement infrastructure remains largely unchanged from decades ago,” founder Prabhakar Reddy said, adding that he launched OpenFX in 2024 to address what he described as a gap in the…

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