Bloomberg: Lloyd's Bank Partners with Aberdeen Investment Company and Archax for Forex Trading Cooperation

By: theblockbeats.news|2025/07/14 08:36:59

BlockBeats News, July 14th, according to Bloomberg, Lloyds Banking Group Plc and Aberdeen Investments, a fund management company, have partnered with the cryptocurrency exchange Archax to facilitate foreign exchange contract trading by using digital assets as collateral, aiming to reduce the costs of the trading sector.

This partnership enables Aberdeen and Lloyds to conduct foreign exchange transactions using blockchain technology, which allows the tokenization of real-world assets for use as collateral. Under this initiative, UK government bond-supported digital tokens and Aberdeen Investment's money market fund share units have been issued, transferred, and custodied by the UK-based Archax.

WEEX Labs, the innovation arm of the global crypto exchange WEEX, launched the preliminary round of its flagship AI trading hackathon, AI Wars: WEEX Alpha Awakens, on January 12, 2026. Backed by world-class sponsors including AWS, the prize pool has reached $1.88 million, with a Bentley Bentayga S awaiting the champion in Dubai. Already, 788 elite teams worldwide are battling for a spot in the finals. This is more than a hackathon — it is a real-market stress test for AI trading. Registration remains open until January 18. If you want your AI to face real volatility, this is your moment.

AI Wars: WEEX Alpha Awakens – Insights, Top Strategies, and Real-Market Execution Takeaways

WEEX Labs has officially launched the preliminary round of its global AI trading hackathon, AI Wars: WEEX Alpha Awakens, bringing together hundreds of elite teams to compete in real-market conditions. With a record-breaking $1.88 million prize pool and backing from top-tier sponsors like AWS, the event has quickly become a global proving ground for AI-powered trading strategies. As competition intensifies and standout teams emerge on the leaderboard, the hackathon not only showcases cutting-edge AI execution and risk management, but also offers valuable insights and inspiration for traders looking to build or refine their own AI-driven systems.

WEEX P2P now supports Polish zloty (PLN)—new users and merchant rewards

To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Polish Zloty (PLN) is now available on WEEX P2P!

Layoffs of 30%, But Spending $250 Million to Buy a Company - What Is Polygon Thinking?

Seemingly contradictory move, Polygon's withdrawal from the L2 battlefield is actually a strategic shift to bet on stablecoin payments.

Sentient Reveals Tokenomics, How Will the Market Price It?

343 billion SENT, with over 60% allocated to the community and ecosystem, team and investor holdings locked long-term, probability of FDV exceeding $6 billion over 80%.

AI in the Crypto Market: How Artificial Intelligence is Changing Trading Strategies

This article explores how AI contributes to these movements and share practical strategies to help you navigate an AI-powered crypto market.

Yen Weakness Nears Inflation Red Line: Bank of Japan May Be Forced to Hike Early

As the yen falls to an 18-month low, central bank officials are starting to worry that the exchange rate will boost inflation and may accelerate the pace of interest rate hikes.

Cross-chain Collaboration: Tom Lee Invests $200 Million, Joins Forces with Global Top Streamer Mr. Beast

BitMine Invests $200 Million in Beast Industries, Recognizing its Potential to Expand Global Traffic On-ramps into Financial Infrastructure.

Interactive Brokers Integrates USDC, US Bank Questions Stablecoin, What's the Overseas Buzz?

What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Polymarket Exploit Arbitrage, Sonic Airdrop Accidentally Burned by Random Person, What's the Overseas Crypto Community Talking About Today?

What the World Cared About Most in the Last 24 Hours