Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.…
Securitize agrees to buy River One to expand into asset-backed lending
Securitize agreed to buy River One to bring stablecoin funding to assetbacked lending and expects the deal to close in the fourth quarter of 2026.…
Data centers run on debt. That was a problem for bonds this year — and it’s only going to get worse.
AI debt issuance this year overwhelmed investor portfolios, and has disappointed from a performance perspective. The funding need won’t get any better with…
Did the Fed make a mistake with its October rate pause? The Treasury could help save the day.
As focus shifts to the Treasury’s funding plans, there’s some expectation that longerterm supply could be reduced in an attempt to boost demand and lower…
Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B
The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.…
Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
The securities have financed purchases of nearly 136,000 bitcoin, opening a funding channel that analysts expect to complement the larger ETF market.…
Underdog taps zerohash to bring crypto deposits to prediction markets
The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock. Source:Cointelegraph
SpaceX’s massive AI targets will test the limits of reality
As Elon Musk aims to increase SpaceX’s computing capacity exponentially, he’ll face challenges related to funding, power supply and simply securing sufficient…
This Senate race where data centers are a crucial issue has more spending than any other midterm clash
Money is pouring in and funding intense, negative ads: “It’s everywhere, and you can’t escape it.” Source:MarketWatch
Binance.US seeks $1B valuation in potential $100M funding round: Report
The crypto exchange was reportedly looking to use the additional funding to regain market share following Binance’s 2023 settlement with US authorities.…
SEC Small Business Advisory Committee to Discuss IPO Modernization and Regulation Crowdfunding
The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that it will hold a meeting on Tuesday, October 27,…
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major…