Tether, the world’s largest stablecoin issuer, is reconsidering the scale of its planned funding round amid skepticism over its $500 billion valuation, according to a report from the Financial Times. The El Salvador-registered company initially explored raising as much as $20 billion, a move that would have placed it among the world’s most valuable private
New York — WisdomTree’s crypto business is no longer an experiment but core to the firm’s strategy and on the verge of turning profitable, CEO Jonathan Steinberg said in a fireside chat at the Ondo Summit in New York on Tuesday. “We want to continue to scale,” Steinberg said. “Last year, we went from like
Galaxy Digital shares dropped about 17% on Tuesday after the company reported a massive $482 million net loss for the last quarter of 2025. That hit came after a steep 22% fall in the value of its crypto investments, pulling down earnings to ‑$1.08 per share, both reported and adjusted. It wiped out a strong
Nvidia stock fell more than 3% on Tuesday, extending losses from the previous session, as investors weighed growing scrutiny around the chipmaker’s closely watched partnership with OpenAI. The decline came amid a flurry of reports and public comments aimed at reassuring Wall Street that the relationship between the two companies remains intact, even as both
Tian Ruixiang Holdings Ltd (Nasdaq: TIRX) said it has entered a strategic agreement under which an unnamed investor would contribute 15,000 Bitcoin in exchange for an equity stake in the company. At Bitcoin’s ($BTC) price of about $75,000 at the time of writing, the proposed contribution would be valued at about $1.1 billion. Tian Ruixiang
Stablecoins are often marketed as instant, borderless money. In practice, that speed is the final output of a deep and carefully layered financial stack. Key Takeaways Stablecoins rely on a multi-layer financial stack, not just blockchains. Compliance, custody, and liquidity are as important as speed. The long-term story is infrastructure, not individual products. What looks
New York —The next evolution of asset management will be “wallet-native,” not just digital, according to Franklin Templeton’s head of innovation, Sandy Kaul. Speaking at the Ondo Summit in New York on Tuesday, Kaul said she envisions a future where all financial assets — stocks, bonds, funds, and more — are held and managed through
Tokenized bonds are becoming a core crypto asset. As reported by Falcon Finance, tokenized bonds have become the most dominant in the fast-developing real-world asset (RWA) industry, with a total market value of $12.7 billion. This amount is about 55% out of all tokenised RWAs, which indicates a crucial change in the institutional capital shift
As the United States enters day four of a partial federal government shutdown tied to unresolved funding for Homeland Security, prediction markets are signaling that traders expect disruption—but not a prolonged Washington standoff. Shutdown Backdrop Traders Are Pricing In The partial shutdown began at 12:01 a.m. EST on Jan. 31, after Congress failed to pass
MOSCOW, RUSSIA – In a significant move toward mainstream digital currency adoption, the Russian government announced plans this week to integrate its central bank digital currency, the digital ruble, directly into Moscow’s massive subway system overhaul. This initiative represents one of the most ambitious real-world applications of a CBDC globally, targeting completion by 2028 as