SoftBank is in talks to invest up to $30 billion more in OpenAI, according to a Wall Street Journal report. The Japanese technology investment firm already holds approximately 11% of OpenAI following a $22.5 billion investment in December 2025. The additional funding under discussion would further cement SoftBank’s position as one of the largest shareholders
Morgan Stanley has tapped veteran executive Amy Oldenburg to lead the investment bank’s new crypto unit, just weeks after announcing plans to launch three crypto exchange-traded funds and a crypto wallet. Oldenburg will transition to head of digital asset strategy after working in Morgan Stanley’s emerging markets equity team since 2001, Bloomberg reported on Tuesday.
Investors pulled $1.73 billion from digital asset funds, in what appears to be the heaviest outflows since mid-November 2025. The trend indicates that a bearish mood is building, much like during past declines. Weak price action, fading expectations of near-term rate cuts, and disappointment that crypto hasn’t acted as a hedge against debasement appear to
Tether’s new stablecoin, USAT, could pose the first serious challenge to Circle’s (CRCL) $USDC in the U.S. market, analysts say — if it can win over institutions. Launched in partnership with federally chartered bank Anchorage Digital and Cantor Fitzgerald, USAT is Tether’s first attempt at a U.S.-regulated dollar token aimed at institutional users. Tether’s flagship
Table of Contents Why Treasury Bills Are Tether’s Cash CowWhat About Fees?Does Tether Invest in Anything Besides Treasuries?The $5.2 Billion vs. $15 Billion QuestionHow Big Is Tether Now?Why Stablecoins Dominated 2025 EarningsWhat Tether Doesn’t Make Money FromThe Bottom LineFrequently Asked Questions Tether makes money by investing the reserves that back $USDT. When users deposit dollars
Cryptocurrency payments network Mesh acquired unicorn status with a $75 million Series C funding round that valued it at $1 billion. The round was led by Dragonfly Capital and included participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment and Liberty City Ventures, Mesh said on Tuesday. The fundraise, coupled with the ceremonial significance of
AVAX One, the digital asset treasury firm advised by SkyBridge Capital founder Anthony Scaramucci, saw its shares tumble more than 32% after it registered nearly 74 million shares held by insiders as available for sale. The company, which holds AVAX tokens and related Avalanche ecosystem assets, made the disclosure late on Tuesday. While the filing
A rotating cast of top candidates has roiled Polymarket betting on the next chair of the Federal Reserve, but the new favorite, BlackRock’s Rick Rieder, has argued that bitcoin will replace gold and has recommended people should have it in their portfolios. Rieder, BlackRock’s chief investment officer for global fixed income, has rocketed to the
Story Highlights Coinbase Ventures says crypto investing is shifting as institutional money changes how markets behave. Stablecoins, DeFi, and new trading models are where smart money is focusing. The next phase of crypto may favor long-term fundamentals over short-term hype. Hoolie Tejwani, Head of Coinbase Ventures, said in a recent Milk Road interview that the