Bakkt looks to raise $1 billion to fund Bitcoin and digital asset treasury play
The move would represent Bakkt's latest strategic shift, after launching Bitcoin futures trading, a tokenized rewards program, and custody services.
Coinbase stock hits new all-time closing high, surging 40% over the past month
COIN closed at $375.07 per share. The stock's previous all-time high close was $357.39, set in November 2021.
Private equity tokenization platfrom Jarsy launches out of stealth with pre-seed backing from Breyer Capital
Jarsy aims to give everyday investors access to pre-IPO companies by issuing a token that directly tracks that company's private…
Dinari first to secure US license to offer tokenized stocks: Reuters
So far platforms like Dinari have only been able to offer tokenized equities like Tesla and Apple to users outside…
FBI’s undercover $250 Bitcoin payment helps take down alleged serial corporate hacker
"The arrest of IntelBroker shows just how far law enforcement has come in the crypto space," TRM Lab's Ari Redbord…
Kraken to compete with Venmo and PayPal with new cross-border payments app Krak
Krak users can earn up to 4.1% rewards for holding the stablecoin Global Dollar (USDG) and up to 10% staking…
CoreWeave makes another bid to acquire Bitcoin miner Core Scientific: WSJ
In June 2024, the firm offered approximately $1 billion to purchase Core Scientific, which rejected the bid.
Solana treasury firm Upexi plans to tokenize public shares via Superstate’s Opening Bell
Upexi also disclosed that it maintains 735,692 SOL holdings, valued at around $105 million at current prices.
The Daily: Metaplanet surpasses Tesla in BTC holdings, Bit Digital gives up on Bitcoin mining for Ethereum treasury play, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Trump-linked World Liberty sells $100 million in WLFI tokens to UAE-based fund
Announcement comes a day after the Trump-backed DeFi project World Liberty said it is working to allow for the trading…
White House, lawmakers target September to move sweeping crypto legislation
Lawmakers and the White House are pushing to pass comprehensive legislation to regulate the crypto industry by the end of…
Bitwise updates Dogecoin and Aptos ETF filings, analyst notes ‘huge’ addition of in-kind redemptions
There are dozens of crypto-related ETF filings under SEC review, and analysts recently raised their odds of approval this year…