Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
Polymarket has started opening access to its new U.S. app for users on the waitlist, marking the company’s first major return to the American market since early 2022. The blockchain based prediction platform had previously exited the country after the Commodity Futures Trading Commission ruled that it operated
Finance
Ostium, a decentralized exchange built to offer perpetual futures on real-world assets, has closed a fresh $24 million funding round as interest in onchain access to traditional markets accelerates. The raise includes a $20 million Series A co-led by General Catalyst and Jump Crypto, along with an earlier unannounced $4
Finance
Binance has introduced a major shift in its leadership, naming co-founder Yi He as its new co-CEO. She will lead the company alongside Richard Teng, who took over from Changpeng CZ Zhao in late 2023 after U.S. enforcement actions reshaped the exchange’s executive structure. Teng announced the promotion
Finance
Stable, a Layer 1 blockchain backed by Tether and Bitfinex, has released full details of the tokenomics behind its native STABLE token as the project moves toward its mainnet debut next week. According to the announcement, the STABLE token is designed to anchor the network’s governance and security rather
Finance
Kraken is making a major move in the tokenized assets space. The crypto exchange has reached an agreement to acquire Backed Finance, the issuer behind its growing xStocks product line. The deal reinforces Kraken’s long-term push into tokenization as it prepares for a potential U.S. IPO in 2026.
Finance
Chainlink has taken another step into mainstream finance with the debut of its first exchange-traded fund. Grayscale Investments launched the Grayscale Chainlink Trust ETF on Tuesday, listing it under the ticker GLNK on NYSE Arca, the exchange operated by the NYSE Group. The new fund gives traditional investors a way
Finance
Cango delivered a strong third quarter, reporting a sharp rise in revenue as its bitcoin mining business continued to scale. The company posted 224.6 million dollars in revenue for the period ending Sept. 30, a 60.6 percent jump from the previous quarter. The results marked the first full
Finance
Forward Industries, the largest Solana-focused digital asset treasury, has brought in former ParaFi Capital executive Ryan Navi as its new chief investment officer after watching the value of its SOL holdings fall sharply in recent months. The company confirmed Monday that Navi will lead the execution of its Solana treasury
Finance
BitMine Immersion, the crypto treasury firm chaired by Tom Lee, has expanded its Ethereum reserves to more than 3 percent of the total ETH supply. The company reported total assets of roughly 12.1 billion dollars across crypto, cash, and high-risk “moonshot” investments, with Ethereum making up the largest share.
Finance
David Sacks has pushed back against a recent New York Times investigation that questioned whether his work as the White House’s AI and crypto czar overlaps improperly with his background as a prominent tech investor. In a statement posted on X, Sacks said the paper spent months trying to
Finance
Sony Bank is preparing to enter the growing stablecoin market with plans to launch a U.S. dollar-pegged token in the United States as early as fiscal 2026, according to a Nikkei report citing people familiar with the project. The move signals a broader push by Sony to blend its
Finance
HashKey Holdings has taken a significant step toward going public, announcing that it has cleared the Hong Kong Stock Exchange’s listing hearing. The approval brings the operator of Hong Kong’s largest licensed crypto exchange closer to launching its long-anticipated initial public offering. The company detailed the development in