feedd.›Fintech
FintechPYMNTS · 22d ago

ByteDance Lands $29.6 Billion Loan to Fuel AI Advances

ByteDance secured a $29.6 billion loan from nearly 30 banks to advance artificial intelligence capabilities. This represents the second-largest loan in Asia for the year, trailing only SoftBank's $40 billion raise in March.

Read full story →
More from Fintech

Tokenized deposits have been confirmed as legally equivalent to traditional deposits under Canadian banking law. The Office of the Superintendent of Financial Institutions made this determination on September 10, 2026, clarifying that digital ledger recording does not change a deposit's legal status.

01

The Monetary Authority of Singapore is urging financial institutions to prepare for transformation driven by artificial intelligence, tokenization, and quantum computing. The central bank emphasizes that institutions must strengthen governance and cybersecurity as AI systems become increasingly autonomous.

02

Perpetual futures contracts for gold and silver launched Thursday on Kalshi's platform following CFTC approval. These contracts represent the prediction-market operator's first perpetual futures offering outside of digital assets.

03

Get feedd. daily

Top stories in your inbox every morning. Pick what you want.

No spam. Unsubscribe anytime.