Iran war hasn’t hurt the U.S. economy too badly — but the danger isn’t over yet
The two main pillars of the economy — consumer spending and business investment — appear to have shrugged off early angst arising from Iran tensions.…
Inside Robinhood’s high-stakes bet to onboard 10 million casual users onto decentralized finance
The company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by memecoins, while its original tokenization…
Japan's SBI Group is building Asia's first cross-border digital asset empire
The securities giant announced today the consolidation of Singaporebased Coinhako as part of a rapid regional expansion that includes a tokenization…
Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion
The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives. Source:CoinDesk
Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments
If Stripe acquires PayPal, the real prize could be consumer wallets, stablecoin issuance or the infrastructure powering the next generation of digital…
Visa backs Open USD with new stablecoin platform as Circle faces fresh competition
Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network. Source:CoinDesk
Keyrock acquires BlockFills trading assets to expand institutional crypto business
The deal adds institutional trading clients, derivatives expertise and regulatory licenses as Keyrock looks to deepen its presence in crypto capital markets.…
Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure
The company has previously cleared or held in custody roughly 94% of tokenized U.S. equities and now holds over $1.5 billion in underlying stocks.…
Gambling on random Pokémon cards: Onchain gagcha hits record high as crypto sinks
Users spent a record $324 million on onchain gacha in June, even as Bitcoin hit a 21month low. The thrill of scoring a top Pokemon card from a random pack is…
The trucking market is tighter than it’s been in years — but investors are upbeat on J.B. Hunt
Shares of the trucking giant jump 8% after hours, as fuel charges and demand for its railroadconnection business lift results Source:MarketWatch
Coinbase's Jesse Pollak steps back from Base app leadership after admitting his crypto social strategy failed
Pollak said that Jordan Fish, also known on X as 'Cobie,' will lead the Base app team. Source:CoinDesk
DTCC moves tokenized securities into live trading, marking a milestone for Wall Street's blockchain push
DTCC's first live production trades using tokenized securities show how blockchain could reshape the infrastructure behind Wall Street. Source:CoinDesk