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 2085.44, down 0.0% (-0.18) since 4 p.m. ET on Thursday. Fourteen of the 20 assets are trading higher. Leaders: NEAR (+19.4%) and ICP (+4.3%). Laggards: SUI (-2.6%) and XRP
Tom Lee, chairman of Bitmine Immersion Technologies and co-founder of Fundstrat, does not expect the coming wave of mega IPOs to derail markets even if they could eclipse the entire dot-com boom in scale. Lee recently discussed the potential effect of SpaceX, Anthropic, and OpenAI listing which could unleash trillions of dollars in new equity
Ark Invest bought $5 million worth of Bullish (BLSH) stock on Thursday, the fourth day in a row it has added BLSH shares to its exchange-traded funds (ETFs). Cathie Wood’s investment manager has purchased $12.5 million worth of shares in the crypto group, which is also CoinDesk’s parent company, since Monday based on the stock’s
PopDEX, a decentralized crypto perpetual futures exchange, has announced the completion of a $30 million seed funding round. The investment was led by Foresight Ventures, a prominent venture capital firm focused on blockchain and cryptocurrency technologies. The funds are earmarked primarily for initial liquidity provisioning and product development, signaling a significant step forward for the
$REAL Finance signs first securities tokenization deal with Factori AD. Agreement activates institutional pipeline exceeding $100 million in assets. Pilot covers 5 million Alpha Bulgaria warrants valued near €2.75 each. $REAL Technologies Inc., the parent company of $REAL Finance, has signed its first securities tokenization agreement with Factori AD, a fully licensed and EU-regulated investment
International Holding Company (IHC) is the most valuable holding company in the Middle East and one of the world’s largest investment firms, with a market capitalization of over USD 233 billion. Headquartered in Abu Dhabi, UAE, and primarily owned by the Royal Group, the private family office of Abu Dhabi’s ruling dynasty, has carried out
Jia, a financial platform targeting small and medium-sized enterprises (SMEs) in Southeast Asia, has secured $3 million in a seed funding round led by Coinbase Ventures. The investment also drew participation from the Stellar Development Foundation, A100x, TCG, and Hashed Emergent, signaling growing interest in blockchain-based lending solutions for underserved business segments in the region.
The US Securities and Exchange Commission’s move to allow third parties to list tokenized stocks could risk two structural disruptions with liquidity and revenue fragmentation, according to Tiger Research. Liquidity fragmentation may occur as capital disperses from centralized exchanges across multiple blockchain platforms, said Tiger Research director and head of research Ryan Yoon on Friday.
Hark’s founder Brett Adcock, who also founded Figure AI, earlier today announced that the firm had completed a Parkway Venture Capital-ed Series A round that attracted $700 million at a $6 billion valuation from other tech giants, like NVIDIA (NASDAQ: NVDA), AMD Ventures, Intel Capital (NASDAQ: INTC), Qualcomm Ventures (NASDAQ: QCOM), and Salesforce Ventures (NYSE:
Asset tokenization platform Securitize is moving ahead with a SPAC merger on Nasdaq, aiming to accelerate its expansion beyond stablecoins into a broader universe of tokenized securities. Securitize’s efforts to “tokenize the world” just took an added-value turn, with the company doubling down on efforts to assemble on-chain securities infrastructure operational at scale. The company