Investors tried to pull $13 billion out of private credit funds this quarter. They got less than half. For many crypto investors, if the collapse of private credit continues, half could end up being a good outcome. Seven private credit giants capped investor withdrawals this quarter, including Morgan Stanley, BlackRock, Apollo, Blue Owl, Cliffwater, Blackstone,
NEW YORK — Pumpcade, the lightning-fast prediction markets platform, today announced a $1 million pre-seed funding round led by Pump.fun, with participation from Foundation Capital and angel investor RadioSolace. — The funding will expand Pumpcade’s engineering team and accelerate go-to-market efforts as the platform prepares to exit private beta. Unlike traditional platforms like Polymarket, where
A new report from Foresight Ventures says 2026 could mark a major shift for AI-powered commerce. Big companies are moving from experiments to real systems, with focus now on how AI agents handle payments. Recently, Coinbase, Google, Stripe, and Microsoft have introduced new tools, showing growing belief that current payment systems are not built for
The ongoing war between the US and Iran, lasting for weeks, has created increasing uncertainty and rising oil prices, raising inflation risks. At this point, there is talk that the Fed may postpone interest rate cuts until the end of the year, or even raise rates if deemed necessary. While the possibility of an interest
The Nasdaq mostly erased an early 2% loss Thursday after reports that Iran is drafting a protocol with Oman to manage traffic through the Strait of Hormuz, easing concerns about disruptions to a key global oil route. WTI crude oil — which had surged to nearly $115 per barrel as President Trump vowed to continue
In today’s newsletter, Paul Frost-Smith, CEO of Komainu, covers how institutional crypto is converging with traditional finance, but speed can introduce risk if legal and compliance layers aren’t aligned. Then, in “Ask an Expert,” Sam Boboev, from the “Fintech Wrap Up,” details the key coordination risks institutions must solve for. Beyond custody: why connectivity will
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1875.68, down 4.5% (-88.38) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: CRO (-2.5%) and BCH (-3.0%). Laggards: UNI (-7.7%) and SOL
Tokenization, one of the most popular concepts in the cryptocurrency world recently, combines traditional financial assets with blockchain technology. The tokenization sector is expected to grow significantly, reaching nearly $19 trillion by 2033. As this area continues to grow and attract attention, Grayscale has made some important announcements. Speaking at the EthCC conference in Cannes,
SoFi said Thursday it is launching a new business banking platform designed to let companies handle both traditional money and crypto in one place, as it pushes deeper into digital assets. The service, called SoFi Big Business Banking, allows firms to hold U.S. dollars, convert them into stablecoins and move funds around the clock, all
France’s Lightning Stock Exchange, known as Lise, is preparing to host what could become Europe’s first fully onchain stock market debut, a step that brings tokenization into the initial public offering (IPO) process. The Paris-based exchange, approved last year under the EU’s Distributed Ledger Technology (DLT) pilot regime, plans to list French aerospace supplier ST