The firm has reportedly pledged to cooperate with the regulator.
The United States Securities and Exchange
Commission (SEC) has reportedly launched an investigation into Yuga Labs Inc.,
to determine whether the firm’s Bored Ape Yacht Club (BAYC) non-fungible
tokens (NFT) are securities.
Bloomberg in a report cited a source familiar
with the enquiry as saying that the US financial markets regulator wants to
determine if the digital asset company’s sale of its NFTs should have been
subjected to the same disclosure requirements required of firms that offer stocks to the public.
The SEC in its rules and regulations
require securities firms to disclose and share market-related information when
new securities such as stocks and bonds are issued to the public.
Bloomberg reports that while Yuga Labs has not
been accused of violating any laws, the probe could determine whether the
firm’s offering of the BAYC NFTs contrived federal securities law.
The BAYC, which as of this year is worth over
US$1 billion, was minted on April 20, 2021, and was launched for pre-sale three
days later by Yuga Labs. The NFT collection was built on the Ethereum
blockchain.
The probe is also seeking to determine if Yuga
Labs’ launch of ApeCoin in March violates any federal laws and if the native
cryptocurrency passes as an unregistered security.
Sections 3 and 4 of the US Securities Act of
1933 (as amended) provide for certain securities and specific transactions in
securities to be offered for sale without registration with the SEC.
The outlet reports that Yuga Labs has pledged
cooperation with the SEC and looks forward to future
collaborations with other regulators.
As of the time of filing this report,
CoinMarketCap reports that ApeCoin has gone down 7.79% in the last 24 hours.
Source: CoinMarketCap
“The live ApeCoin price today is $4.75 USD with
a 24-hour trading volume of $344,818,255 USD,” the crypto asset price tracking
firm wrote on its website.
Case against Ripple
The SEC’s focus on Yuga Labs comes on the heels of
the regulator’s probes into NFT markets to determine if some of the assets can
be categorized as securities.
Earlier in the year, the agency’s enforcement
lawyers sent out queries and subpoenas on the matter to digital asset
companies.
Meanwhile, the SEC has been battling
with Ripple Labs Inc., a
blockchain company, claiming its native cryptocurrency, XRP, can be categorized
as a security.
In April, Ripple claimed ‘a
very big win’ against the SEC after a
US Judge, Sarah Netburn, denied a request by the markets supervisor to the court to reconsider shielding documents in which William Hinman, its former
Director of the Division of Corporation Finance, admitted that Bitcoin and
Ether cannot be categorized as securities.
The United States Securities and Exchange
Commission (SEC) has reportedly launched an investigation into Yuga Labs Inc.,
to determine whether the firm’s Bored Ape Yacht Club (BAYC) non-fungible
tokens (NFT) are securities.
Bloomberg in a report cited a source familiar
with the enquiry as saying that the US financial markets regulator wants to
determine if the digital asset company’s sale of its NFTs should have been
subjected to the same disclosure requirements required of firms that offer stocks to the public.
The SEC in its rules and regulations
require securities firms to disclose and share market-related information when
new securities such as stocks and bonds are issued to the public.
Bloomberg reports that while Yuga Labs has not
been accused of violating any laws, the probe could determine whether the
firm’s offering of the BAYC NFTs contrived federal securities law.
The BAYC, which as of this year is worth over
US$1 billion, was minted on April 20, 2021, and was launched for pre-sale three
days later by Yuga Labs. The NFT collection was built on the Ethereum
blockchain.
The probe is also seeking to determine if Yuga
Labs’ launch of ApeCoin in March violates any federal laws and if the native
cryptocurrency passes as an unregistered security.
Sections 3 and 4 of the US Securities Act of
1933 (as amended) provide for certain securities and specific transactions in
securities to be offered for sale without registration with the SEC.
The outlet reports that Yuga Labs has pledged
cooperation with the SEC and looks forward to future
collaborations with other regulators.
As of the time of filing this report,
CoinMarketCap reports that ApeCoin has gone down 7.79% in the last 24 hours.
Source: CoinMarketCap
“The live ApeCoin price today is $4.75 USD with
a 24-hour trading volume of $344,818,255 USD,” the crypto asset price tracking
firm wrote on its website.
Case against Ripple
The SEC’s focus on Yuga Labs comes on the heels of
the regulator’s probes into NFT markets to determine if some of the assets can
be categorized as securities.
Earlier in the year, the agency’s enforcement
lawyers sent out queries and subpoenas on the matter to digital asset
companies.
Meanwhile, the SEC has been battling
with Ripple Labs Inc., a
blockchain company, claiming its native cryptocurrency, XRP, can be categorized
as a security.
In April, Ripple claimed ‘a
very big win’ against the SEC after a
US Judge, Sarah Netburn, denied a request by the markets supervisor to the court to reconsider shielding documents in which William Hinman, its former
Director of the Division of Corporation Finance, admitted that Bitcoin and
Ether cannot be categorized as securities.
Solomon Oladipupo is a journalist and editor from Nigeria that covers the tech, FX, fintech and cryptocurrency industries. He is a former assistant editor at AgroNigeria Magazine where he covered the agribusiness industry. Solomon holds a first-class degree in Journalism & Mass Communication from the University of Lagos where he graduated top of his class.
KuCoin Rolls Out MiCA-Regulated Crypto Platform Across 29 EU Markets
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
