Bitwise enters tokenized funds with planned takeover of Superstate’s $267M USCC fund
Bitwise Asset Management plans to take over investment management of Superstate’s Crypto Carry Fund, marking the crypto asset manager’s first...
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Kraken Parent Payward Buys Reap Technologies in $600M Deal
Kraken parent Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, expanding its push into stablecoin...
Genius Group closes $8M offering to buy stake in Bermuda digital bank
Genius Group closed an $8 million registered direct offering to fund part of its push into regulated stablecoin and digital...
Kalshi closes $1 billion raise at $22 billion valuation as Wall Street piles in
Prediction market platform Kalshi closed a $1 billion funding round at a $22 billion valuation, led by Coatue with backing...
Kraken parent strikes $600 million deal to acquire Asian stablecoin firm Reap
Payward, the company behind crypto exchange Kraken, is buying Reap Technologies for $600 million using cash and stock valued at...
Grant Cardone adds $100 million in Bitcoin to real estate deal, targeting 32% returns
Grant Cardone, who leads Cardone Capital, on Wednesday revealed that the firm recently structured a $235 million real estate deal...
Ondo, JPMorgan, Mastercard and Ripple complete tokenized Treasury pilot on XRP Ledger
Ondo Finance, Kinexys by J.P. Morgan, Mastercard and Ripple completed a pilot transaction linking tokenized US Treasuries on the XRP...
SpaceXAI gives Anthropic access to Colossus 1 to boost Claude capacity
SpaceXAI signed an agreement to give Anthropic access to Colossus 1, one of the world’s largest AI supercomputers, as demand...
OpenTrade raises $17M to push stablecoin yield into fintechs and DeFi
OpenTrade raised $17 million in a strategic funding round to expand its stablecoin yield infrastructure as demand grows for products...
Hut 8 stock nears 35% surge after $9.8B AI data center lease
Hut 8 shares surged nearly 35% Wednesday after the company announced a 15 year, $9.8 billion lease to commercialize the...
Morgan Stanley debuts ultra-cheap crypto trading to challenge Coinbase and Robinhood
Morgan Stanley, which spent $13 billion to acquire E*Trade six years ago, is now using that platform to offer crypto...
Solana Foundation and Google Cloud launch Pay.sh payment gateway for AI agents
Solana Foundation and Google Cloud have launched Pay.sh, a new payment gateway that lets AI agents access and pay for...
StanChart VC arm invests in crypto firm GSR at $1 billion-plus value
SC Ventures, Standard Chartered Bank’s venture arm, has taken a stake in GSR, a crypto market-making and liquidity firm, as...
a16z crypto raises $2.2B as firm bets on stablecoins, AI agents, and tokenized markets
Andreessen Horowitz raised $2.2 billion for its fifth crypto fund, giving one of Silicon Valley’s most aggressive blockchain investors fresh...
Bullish to Acquire Equiniti for $4.2B in Tokenization Push
Bullish agreed to acquire transfer agent Equiniti from Siris Capital in a $4.2 billion transaction, giving the crypto exchange a...
Peter Thiel-backed Bullish inks $4.2 billion deal to buy transfer agent Equiniti
Bullish, the institutional-grade digital asset exchange backed by Peter Thiel, is set to acquire Equiniti, a global transfer agent and...
SEC Delays Review of Prediction Market ETFs: Reuters
The US Securities and Exchange Commission has delayed the expected launch of the first exchange-traded funds (ETFs) linked to prediction...
Coinbase slashes headcount by 14%, pledges to rebuild as AI-first company
Coinbase is cutting its workforce by around 14% as it responds to a weaker market environment and rapid productivity gains...
Moscow Exchange to add XRP, BNB, Solana, TRON to its crypto index roster next week
Russia’s largest securities marketplace, the Moscow Exchange (MOEX), will begin calculating and publishing indices for four digital currencies, including Solana...
Coinbase backs Kemet to expand institutional access to derivatives markets
Coinbase has partnered with Kemet to expand institutional access to its trading venues, adding Coinbase Exchange, Coinbase Derivatives Exchange, Coinbase...
SOL Strategies acquires HoudiniSwap in $18M deal to expand Solana infrastructure
SOL Strategies agreed to acquire HoudiniSwap for $18 million, adding a privacy focused cross chain swap aggregator as the public...
Rain expands stablecoin card network with Mastercard partnership
Rain is expanding its stablecoin card infrastructure through Mastercard, giving the startup access to both of the world’s largest card...
