Blockworks has acquired Messari, marking the company’s first major move after raising new funding to consolidate crypto’s fragmented data and information sector. The deal brings together two of the best known names in crypto research and market intelligence. Blockworks has been expanding from media and events into data, investor relations, disclosures, and institutional tools, while
Summary Ondo’s newly hired portfolio chief compared tokenization today to the early days of ETFs before the technology became mainstream. John Hoffman said AI agents will need tokenized assets, trading infrastructure and portfolio strategies to operate autonomously onchain. The tokenized asset market has surpassed $33 billion and could grow into a multi-trillion-dollar industry over the
Summary Centralized market structures solve coordination problems, helping concentrate liquidity, improve price discovery and support market stability, according to LMAX Group CEO David Mercer. Crypto’s growth has been constrained by a lack of mature credit and clearing mechanisms, preventing institutional capital from scaling into the sector. Stablecoins and tokenized collateral could become the foundation of
Avalanche expands its real-world asset ecosystem with the arrival of over 350 dShares™ from Dinari to the C-Chain, including stocks, ETFs, and REITs. Dinari will offer tokenized shares of SpaceX ($SPCX). The company’s IPO is expected to be the largest in history, with a valuation of $1.75 trillion. Avalanche accumulates over $1.6 billion in tokenized
Nebius and CoreWeave stocks pulled back in the past few days as investors book profits and as their short interest jumps. CRWV stock retreated to $95, down by 32% from its highest point in May. Similarly, NBIS stock has dropped by nearly 20% from the year-to-date high. Nebius and CoreWeave growth is accelerating Neoclouds have
Securitize has revealed the expansion of its STAC tokenized AAA CLO Fund to Solana in partnership with BNY Mellon as custodian. Ethena is planning to allocate $250 million for the fund, which is one of the biggest institutional backings to tokenized funds on Solana till now. STAC is providing on-chain exposure to a diversified portfolio
Institutional investors have largely overcome two of the three major hurdles to entering the cryptocurrency market, according to a new report from venture capital firm a16z crypto. The firm identifies blockchain performance and regulatory uncertainty as issues that have seen significant progress, leaving privacy as the final, unresolved challenge preventing large-scale on-chain capital deployment. The
Kbank, the South Korean internet bank that serves as the primary banking partner for the country’s largest cryptocurrency exchange Upbit, is reportedly considering joining a consortium led by Hana Financial Group to develop a won-denominated stablecoin. The news, first reported by Money Today Broadcasting, signals a potential expansion of institutional interest in blockchain-based digital currencies
SpaceX (SPCX.O) made a historic entrance to public markets on June 12, with its stock surging 19% on its first day of trading on the Nasdaq. The aerospace manufacturer’s market capitalization surpassed $2 trillion, making it the sixth-largest company in the United States by market value. A Landmark Debut Trading began late in the morning,
Ark Invest, the asset management firm led by Cathie Wood, sold approximately $7.53 million worth of Robinhood Markets stock on June 10, according to data from ArkInvestTracker. The transaction reflects a routine portfolio rebalancing move by the firm, which is known for its active management of exchange-traded funds focused on disruptive innovation. Details of the