Record Financial brings instant royalty payouts onchain via Avalanche

  • Avalanche is set to power a new era of royalty payments on-chain.
  • The blockchain platform is partnering with Record Financial, a pioneering technology firm in the music industry.
  • Collaboration will allow Record to harness the power of blockchain to deliver instant, verifiable payouts.

The Avalanche team announced its collaboration with Record on Thursday, a move that could accelerate payments as well as empower creators amid blockchain adoption across creative economies.

AVAX, the native token of Avalanche, has gained slightly as bulls try to hold onto key support levels.

Record Financial and Avalanche partner to boost royalty payouts

Payments across the music industry are getting a digital innovation makeover, with a new ecosystem designed to remove the delays, opaque accounting, and uncertainty.

These issues continue to plague the industry.

Record Financial is positioning its platform at the centre of a structural shift in how royalties are tracked and paid.

Built natively on Avalanche, the system is designed to aggregate and standardise royalty data drawn from multiple sources.

Traditional royalty workflows rely on publishers and distributors, all of which process earnings from streams, downloads and live performances through slow, manual and cross-border channels.

Those delays — often stretching for months — can materially reduce earnings and opportunities for creators.

Record aims to leverage its growing traction and Avalanche’s on-chain capabilities to overhaul the process, creating a unified, verifiable ledger that reconciles data in real time.

The platform is structured to support payouts in stablecoins such as USDC, delivered directly to creators’ digital wallets.

Travis Garrett, chief executive officer of Record Financial, said:

“Blockchain offers the music industry an opportunity to rebuild its financial foundation on transparency. By combining our data infrastructure with Avalanche’s speed and scalability, we are solving issues that have constrained the industry for generations like delayed payments, missing checks, and the lack of ownership clarity.”

Collaboration builds on Record’s footprint, which already includes major players such as Armani White, Lil Tjay, and A$AP Ferg.

Morgan Krupetsky, vice president of onchain finance at Ava Labs, added:

“Record is a powerful example of how blockchain can modernize legacy industries. Music royalties represent a market of more than forty billion dollars annually, and bringing that infrastructure onchain creates fairness, efficiency, and new economic possibilities for creators worldwide.”

AVAX price outlook amid blockchain adoption

The Avalanche ecosystem’s native token, AVAX, plays a crucial role in powering transactions and securing the network.

Its market performance is thus a key indicator of the platform’s momentum.

As of November 20, 2025, the token traded near $13,58, down 2% in the past 24 hours.

The token is down 19% over the past month.

Spot exchange-traded funds buzz, treasury allocations and regulatory developments have previously helped AVAX.

However, the latest downturn comes amid macroeconomic headwinds that have also driven Bitcoin to lows of $88,000.

The AVAX price may mirror the declines and drop to $10 before bouncing back to above $20 as cryptocurrencies recover.

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Coinbase rolls out Ethereum-backed loans for users to borrow USDC without selling

  • Ether holders on the exchange can borrow up to $1M in USDC using ETH as collateral.
  • That ensures access to liquidity/cash without selling their holdings.
  • The service is available in all US states, excluding New York.

Leading exchange Coinbase has introduced a new feature that will likely reduce selling pressure amid the current broader crypto market turmoil.

The trading platform has launched Ethereum-backed loans, allowing users in most American states to access on-chain cash without offloading their holdings.

Notably, borrowers can use ETH assets as collateral and receive loans of up to $1,000,000 in USDC stablecoin.

The team has confirmed on X:

ETH-backed loans are here. You can borrow USDC against your Ethereum, unlocking liquidity without selling.

This move is vital for Ethereum holders who want liquidity without dumping their tokens.

Rather than selling ETH and possibly missing out on potential price gains, Coinbase users can leverage their balances while keeping them intact.

How do ETH-backed loans work?

The process is straightforward. Users deposit Ethereum on their Coinbase accounts as collateral to borrow USDC.

They receive back their collateral after repayment.

Meanwhile, customers will enjoy top-notch flexibility.

Individuals can borrow while maintaining exposure to their holdings, access funds almost instantly, and leverage USDC for various on-chain activities, including day-to-day expenses and trading.

Nevertheless, borrowers should consider the fact that Ethereum’s price movements can impact their loans.

For instance, a swift decline in the alt’s value could demand increasing collateral to avoid liquidation.

Why should you care?

Accessing cash online means selling assets for most cryptocurrency investors, even sometimes facing tax consequences.

Coinbase solves that through Ethereum-backed loans, offering access to liquidity without offloading assets.

The development reflects how cryptocurrency firms are expanding beyond trading services.

Most networks are integrating lending, borrowing, and earning solutions for their users as digital assets’ adoption continues.

Moreover, it confirmed Coinbase’s trust in Ethereum as a legitimate financial instrument, equal to real-world assets (like real estate and stocks) that can serve collateral purposes.

Notably, Coinbase introduced cryptocurrency-backed loans in mid-January this years, and starget with Bitcoin.

The goal was to give users control over their finances while ensuring safety, speed, and transparency.

The team emphasized:

Crypto-backed loans are another major step towards empowering our customers with greater control over their financial lives. Coinbase customers can now get easier, faster access to everyday financial services.

The new addition signals demand for such services as cryptocurrencies go mainstream.

ETH price outlook

The news comes as Ethereum battles overwhelming bearish sentiments.

It is trading at $2,837 after losing more than 3% and 13% the past day and week.

ETH should hold above the $2,800 support to prevent massive declines.

Ethereum requires massive trading volumes and renewed institutional interest, through ETFs, to recover from its current slumber.

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VerifiedX taps Crypto.com to provide institutional-grade custody and liquidity support

  • Crypto.com will provide VerifiedX with $1.5B in institutional-grade custody and liquidity support.
  • Partnership enables institutions using VerifiedX to securely store and transact assets via Crypto.com Custody.
  • Integration builds on earlier collaboration linking Crypto.com Pay and on-ramps to Switchblade Wallets.

Crypto.com and the VerifiedX (VFX) Network (VerifiedX.io), a global leader in self-custody and Web3 wallet infrastructure, have announced a partnership under which Crypto.com will provide secure, institutional-grade custody and liquidity support for $1.5 billion in assets, along with OTC trading capabilities.

The collaboration enables eligible institutions using VerifiedX to safely store, manage, and transact digital assets through Crypto.com’s regulated custody platform.

The service features multi-user permissions, customizable governance workflows, and insured storage solutions, addressing the rising demand for scalable, cost-efficient, and compliant blockchain infrastructure.

“Crypto.com Custody is specifically designed with expectations of institutional-grade clients,” said Eric Anziani, President and COO of Crypto.com.

“We are pleased to be selected by VerifiedX, a leader in self-custody and digital asset wallet capabilities, to further enhance an established custody offering for all client needs.”

This marks the latest collaboration between Crypto.com and VerifiedX, building on their earlier partnership to integrate Crypto.com Pay and on-ramp services directly into VerifiedX’s Switchblade Wallets, creating a seamless, secure, and scalable experience for both everyday users and developers.

“As the people’s network, the mission is clear – to make custody seamless, secure, and globally accessible. Partnering with Crypto.com significantly elevates that very ethos with best in-class custody and liquidity infrastructure,” said The VerifiedX Foundation.

Crypto.com Custody provides eligible institutions and high-net-worth clients with a comprehensive, end-to-end custody solution designed with security and operational robustness at its foundation.

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AfCFTA’s digital trade pilot launches; what does it mean for IOTA price?

  • IOTA Foundation and African trade project partner to boost digital trade architecture.
  • Per an announcement, the integration eyes blockchain technology adoption in Africa’s trade landscape.
  • The development could help bolster IOTA’s price performance.

IOTA has secured a significant lift on the adoption front following the African Continental Free Trade Area’s launch of the Africa Digital Trade Access and Public Infrastructure Initiative.

With the program now underway, IOTA co-founder Dominik Schiener said the development could mark the start of a major turning point for the decentralized network.

On Thursday, November 20, 2025, the IOTA price traded at $0.12, a slight increase in the past 24 hours as the broader market battles continued downward pressure.

IOTA to power Africa’s digital trade architecture

This week, the AfCFTA launched the ADAPT program, which it says is set to transform Africa’s trade landscape.

Notably, the project seeks to establish a unified digital backbone for identity, data, and financial transactions.

IOTA’s blockchain platform will power this pilot.

According to AfCFTA, IOTA will play a pivotal role, with the ADAPT program set to tap into decentralized ledger technology to provide the foundation for seamless, interoperable cross-border payments and digitised trade documents.

AfCFTA Secretary-General Wamkele Mene said:

“This is Africa’s blueprint for the digitisation and modernisation of trade: a system that replaces fragmentation with integration, friction with trust, and inefficiency with scale.”

Initially, the target is programs across Kenya and Ghana, before expanding to the whole continent by 2035.

This ambitious rollout is expected to integrate stablecoin-based settlements and tokenized assets, all powered by IOTA.

According to IOTA Foundation chair Dominik Schiener, the partnership is a big move for real-world assets for IOTA.

Commenting via X, Schiener noted:

“Being selected as a partner for ADAPT means that we are bringing our original vision to reality. It is an incredible opportunity to be part of creating the digital infrastructure that will connect an entire continent.”

Schiener added that the ADAPT initiative validates IOTA’s long-term strategy, with upcoming use cases including cross-border payments, tokenized critical minerals, and digital identities.

The comments highlight IOTA’s potential, with growth allowing for traction amid global adoption.

IOTA price outlook

The IOTA token has been in a downtrend since May 2021, when the token fell from highs of $2.10.

However, despite recent price fluctuations, the altcoin remains above the all-time lows below $0.10 reached in March 2020.

Over the past month, IOTA has experienced a 24% decline, and it’s down 14% in the past week.

While short-term price movements remain uncertain, the long-term implications for IOTA’s adoption and valuation are largely positive.

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