Paolo Ardoino’s ambition to cut companies’ capital-raising costs by 80% faces a practical test at Bitfinex Securities: the platform’s example of a $5 million, one-year bond carries a $100,000 issuer fee, equal to 2% of the raise. Bitfinex Securities is a platform for raising capital through tokenized securities. An Oct. 5 Bitfinex account set out
Spiko has raised $90 million in a Series B led by New Enterprise Associates after assets across its tokenized cash funds climbed to $2.7 billion, with the company planning new products and expansion across Europe. Spiko said on Oct. 6 that the financing lifts its total funding to $120 million. Index Ventures, Bpifrance, Speedinvest, Flourish
Citi has overtaken Goldman Sachs to become the top firm in global IPO underwriting through September. The move follows listings such as SpaceX, SK Hynix, and the National Stock Exchange of India (NSE), some of the biggest share sales in Asia and the US. Know when yourcoins moveAlerts, real-time prices, and market news — all
Are bitcoin $BTC$86 266,46 and U.S. stocks truly calm and poised for more gains, or is this the calm before the storm? That is the question some macro observers are asking. They point to rising volatility in Treasury notes, which underpin global finance, as an early sign of stress that usually spills over into other markets
In a notable development, DFA is converting a number of their cloned mutual funds into ETF share classes. This move was highlighted by CryptoTwitter commentator James Seyffart, indicating a strategic shift within DFA’s investment approach. The transition to ETF share classes may enhance liquidity and accessibility for investors, potentially reshaping market dynamics moving forward. Inside
Artificial intelligence companies are continuing to pursue multibillion-dollar funding rounds and stock market listings, as investors continue to pour capital into the race to develop more powerful models as the race between U.S. and China continues. China’s DeepSeek is nearing a funding round of at least $12 billion, backed by Tencent and battery maker CATL,
The SEC has approved the first U.S. 3x leveraged Bitcoin and Ether ETPs, allowing Volatility Shares’ products to enter the market. This decision, confirmed in a tweet from KuCoin, may open new trading avenues for investors. However, the potential for volatility decay highlights significant risks for buy-and-hold strategies, as detailed on the KuCoin blog. Breaking
Stablecoin payments infrastructure provider Rain has filed an application to establish a national trust bank headquartered in New York, adding to a wave of crypto companies seeking bank charters over the last year. Rain said Monday it filed the application with the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust
Bitcoin treasury company Strive disclosed an optional program to repurchase up to $500 million of its variable-rate perpetual preferred stock, traded as SATA, on Oct. 5. The program exceeds its reported $284.7 million cash balance and lets management weigh further Bitcoin purchases against retiring dividend-paying preferred shares. The SEC filing gives management discretion to repurchase
U.S. President Donald Trump has promised to give every American $5,000 if the Republicans win both chambers of the Congress in upcoming midterm elections. From an economic perspective, this injection of cash into the economy could be yet another catalyst for a rise in the value of risky assets. According to the head of DWF