Quick Breakdown Kraken has expanded its xStocks tokenized equity platform to Europe, easing investor access to U.S. markets. Over $3.84 billion in xStocks trade volume has been recorded since launch in June. Support is expanding to BNB Chain,...
Quick Breakdown Gemini raises IPO price range to $24–$26, targeting $3B+ valuation. Nasdaq backs offering with $50M private placement. The move reflects Wall Street’s rising appetite for crypto listings. Crypto exchange Gemini has raised the stakes for its...
Quick Breakdown Figure ups IPO range, potentially raising to $796M, with $689M in primary proceeds if overallotment is exercised. Funds to fuel blockchain growth, including Figure Connect, Dart registry, and its SEC-registered stablecoin YLDS. Gemini boosts IPO pricing,...
Quick Breakdown Kiln Finance begins orderly withdrawal of Ethereum validators after SwissBorg-linked hack. Over 1.6 million ETH is currently in the exit queue, but most funds are expected to be restaked. Educator Anthony Sassano dismisses fears of large-scale...
Quick Breakdown Bitwise CIO Matt Hougan says banks should raise deposit rewards instead of fighting stablecoins. Stablecoins offer yields of up to 5%, far outpacing US bank savings rates. Banks are lobbying against stablecoin yields, citing risks to...
Quick Breakdown VeChain and BCG launch the VeFounder Program for Web3 developers. Developers gain ownership of dApps after reaching 100,000 users. The program starts with three live dApps tackling sustainability and food challenges. VeChain, in collaboration with Boston...
Quick Breakdown Ant Group’s Ant Digital is tokenizing $8.4B in Chinese energy infrastructure on AntChain. The firm has already raised over $42M through clean energy asset financing. Plans include offshore token listings and stablecoin integration with Circle. A...
Quick Breakdown Eightco stock spiked over 3,000% after announcing a $250M Worldcoin treasury plan. The firm will rebrand its ticker to ORBS and may add Ether as a secondary reserve. Worldcoin jumped nearly 50% on the news, extending...
Quick Breakdown Christie’s has shut down its standalone NFT department, moving sales into modern art. The decision follows a 12% drop in global art sales and layoffs within the auction house. Critics argue Christie’s commission model was flawed,...
Quick Breakdown Lion Group reallocates $5M in SOL and SUI into HYPE to strengthen its crypto treasury. BitGo’s new custody solution adds institutional backing to HYPE’s growing adoption. Stock price surges over 20%, reflecting investor confidence in the...
