Binance has launched perpetual futures that allow users to trade the anticipated valuations of private companies before they go public. The first contract to go live is tied to SpaceX, a company expected to debut at a valuation of $2 trillion or more. The “Pre-IPO Perpetual Contracts” are designed to provide retail traders with early
Payment giant Mastercard announced it has acquired BVNK, a UK-based fintech startup developing stablecoin infrastructure, for $1.8 billion. The acquisition is considered one of the biggest moves by traditional financial companies into the digital asset and stablecoin space. BVNK offers stablecoin payment services in over 130 countries worldwide and holds payment licenses in numerous countries.
The number of unique holders of tokenized exchange-traded funds (ETFs) surged 11,803% year over year (YoY) to an all-time high (ATH) on May 20. As of press time, the number of tokenized ETF holders was about 44,400, up from 373 a year ago, according to metrics from Token Terminal analyzed by Finbold. Consequently, the unique
The US government has frozen nearly $500 million in cryptocurrency linked to Iran, with the bulk of that haul, some $344 million, seized in just the past month. The crackdown is part of a broader campaign called “Operation Economic Fury,” aimed at cutting off Tehran’s ability to use digital assets to dodge sanctions. Treasury Secretary
Nvidia just went from shipping $4.6 billion worth of its most advanced AI chips to China to shipping exactly none. Zero. In a single quarter. The company’s CFO confirmed that no data center Hopper architecture shipments reached China this quarter, a jaw-dropping decline from approximately $4.6 billion in Q1 2026. For a company that has
Tether’s $USDT has expanded by over $5 billion in the past month, with competing stablecoins including $USDC, $USDe, and $PYUSD shedding a combined $4.2 billion over the same period. Key Takeaways: Tether’s $USDT supply grew by over $5 billion, reaching approximately $189.7 billion. $USDC, $USDe, and $PYUSD lost a combined $4.2 billion as net stablecoin
OpenAI is barreling toward what could be one of the most consequential IPOs in tech history. The company could be valued at as much as $850 billion, a number that makes the governance questions feel less like academic exercises and more like material risks for future shareholders. The conflict-of-interest questions Republican state attorneys general from
AI Financial, formerly known as Alt5 Sigma, wants the market to know that it’s more than just its token holdings, and calling it a $WLFI treasury company isn’t the right way to describe it. “AiFi continues to operate an active fintech and digital payments business while executing on a broader long-term strategy across digital assets,
National trust charters pushed crypto custody into a broader regulatory clash as U.S. Senator Elizabeth Warren pressed the OCC over approvals tied to Coinbase, Ripple, Bitgo, and other firms. Bitgo CEO Mike Belshe countered that fiduciary custody separates client property from lending risks. Key Takeaways: Senator Warren’s scrutiny over OCC trust charters intensified as crypto