Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
Goldman Sachs is deepening its examination of digital finance, with a growing focus on tokenization, stablecoins, and prediction markets as U.S. regulatory discussions continue to evolve. The update came from CEO David Solomon during a question-and-answer session on the bank’s fourth-quarter earnings call on Thursday. Goldman Sachs Fourth
Finance
Replit, the fast-growing artificial intelligence coding platform, is close to securing a major new funding round that could value the company at roughly $9 billion, according to people familiar with the matter. If finalized, the deal would mark another sharp jump in valuation for the San Francisco–based startup, underscoring
Finance
Interactive Brokers, one of the world’s best-known online brokerage firms, is taking another step toward blending traditional finance with digital assets. The Nasdaq-listed company (IBKR) announced it will now allow clients to fund their trading accounts using Circle’s USDC stablecoin at any time, removing the limits imposed by
Finance
Galaxy Digital Inc. has taken another step in blending traditional credit markets with blockchain technology, announcing the initial closing of its first tokenized collateralized loan obligation (CLO). The $75 million issuance was completed on the Avalanche blockchain and is designed to fund a credit facility for Arch Lending, a consumer
Finance
Former New York City Mayor Eric Adams has rejected allegations that his recently launched memecoin, known as NYC Token, was involved in a so-called “rug pull” that left investors with significant losses. The claims emerged after blockchain analysts flagged large liquidity movements shortly after the token’s debut, prompting debate
Finance
Blockchain lender Figure Technology Solutions is taking a new step toward reshaping equity markets with the launch of a platform that allows shares to be issued and lent directly on a blockchain. We’re officially announcing OPEN (On-chain Public Equity Network), running on @provenancefdn , which will enable companies to list
Finance
Alpaca, a fintech company that provides brokerage and trading infrastructure to crypto and financial platforms, has raised $150 million in Series D funding, lifting its valuation to $1.15 billion. The company also secured a $40 million line of credit, giving it additional flexibility as it expands its products and
Finance
Tether-backed mobile wallet Oobit has expanded its crypto payment capabilities by adding native support for Phantom, one of the most widely used wallets in the Solana ecosystem. The move connects Phantom users directly to Visa’s global payment network, marking another step toward making crypto spending more practical in everyday
Finance
Paradigm, one of the most influential venture capital firms in crypto, has led a $7.1 million seed funding round for Noise, a New York–based startup developing a new kind of information platform centered on attention markets. The investment comes as Noise prepares for a public launch on Base,
Finance
Backpack Exchange, the crypto trading platform founded by former FTX employees, has rolled out a closed beta of a new prediction markets product designed to give traders more flexibility with their capital. What Is the Unified Prediction Portfolio on Backpack ExchangeThe Unified Prediction Portfolio lets traders use one cross margined
Finance
KB Kookmin Card, a subsidiary of South Korea’s largest financial group, has taken a new step toward blending traditional finance with digital assets by filing a patent for a stablecoin-based payment system. According to a press release shared on Wednesday, the patent outlines a hybrid payment model that connects
Finance
Bitdeer Technologies Group has emerged as the largest bitcoin mining company by managed hashrate, edging past longtime industry leader MARA Holdings, based on the companies’ most recent disclosures. As of the end of December, Bitdeer reported a total hash rate under management of 71 exahashes per second (EH/s). This