Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships…
Coinbase, Robinhood, Circle could be early winners of SEC's tokenized-stock push, analysts say
Goldman Sachs and Citizens analysts said the agency's move create new opportunities in custody, tokenization infrastructure and stablecoin settlement, while…
Robinhood Chain fees collapse 97% even as transactions stay near record highs
Sevenday average fees fell 82% while transaction counts slipped 6%, with about $1.5 billion a day still changing hands. Source:CoinDesk
Crypto tech provider Haruko hit by cyberattack affecting 15 clients, some funds lost
Some smaller hedge funds with weaker security controls may have lost funds in the targeted attack, sources said. Source:CoinDesk
Real stocks are finally coming on blockchain. Here’s how the SEC wants it to work
The SEC is giving tokenized stocks a regulated U.S. pathway, while keeping trading volumes, access and issuer rights tightly controlled. Source:CoinDesk
The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
The estranged daughter of 77yearold Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her…
Ratings giant S&P Global acquires OpenZeppelin in tokenized finance risk push
Building on its recent marketdata investment in Kaiko, S&P Global’s latest purchase targets the technological risks facing banks and asset managers onchain.…
How Circle’s institutional Arc blockchain got taken over by memecoins on day one
Circle blockchain Arc's first day was dominated by memecoins, and the traders behind them had already moved on by Thursday morning. Source:CoinDesk
Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds.
Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business. Source:MarketWatch
Coinbase faces greater fallout from CLARITY Act setback: Saxo
A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US marketstructure…
Blockchain finance platform Theo launches tokenized silver backed by $40 million in active leases
The onchain finance platform said thSLVR allows investors to retain exposure to silver while earning income from lending the metal to institutional borrowers.…
A LatAm telecom operator is putting part of its finances on Avalanche
Led by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services…