Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter. The round valued the prediction market platform at $22 billion, Bloomberg said, double the valuation of the previous round in December, when it also raised $1 billion. That funding round was
Ledger has appointed a new chief financial officer and opened a New York office as the crypto security firm expands its U.S. presence ahead of a planned public listing. The company said John Andrews, a former Circle (CRCL) executive, will take on the CFO role. Andrews spent more than two decades in finance and most
Web3 has always been cyclical, yet it has never stopped building. Markets rally and retrace, narratives rotate and evolve, but founders continue to ship products and search for their moment to be seen. In an ecosystem where launching a protocol or token can happen quickly, standing out is harder than ever. That is where CoinDesk
The SEC’s fresh approval of Nasdaq’s tokenized securities framework marks a key turning point for how stocks could trade in the future: it brings blockchain into the core of U.S. equity markets, but on Wall Street’s terms. The regulatory green light allows Nasdaq to test a system where certain stocks and ETFs can be issued
Ledger, the Paris-based crypto security firm known for its hardware wallets, has named John Andrews as its new Chief Financial Officer and launched a New York office in major steps to accelerate its US growth. A seasoned finance executive with roots in Wall Street, Andrews previously led investor relations and capital markets at Circle, where
Alvaro Rosenblüth, treasury and exchange manager at Banco de Crédito de Bolivia, stated that the Central Bank of Bolivia lifted the ban on cryptocurrency operations out of necessity. Stablecoins are now acting as a dollar proxy, enabling remittances and payments to combat the dollar shortage. Bolivia’s Crypto Pivot Was Executed out of Necessity, Says Bank
Anchorage Digital has expanded its Atlas network to include collateral management, adding another piece of infrastructure for institutions that want to lend against crypto without taking on the operational and counterparty risks that have long slowed the market. The company said Atlas now supports nearly 600 participants, up fourfold from a year ago, and has
US-based investment banking giant Morgan Stanley has taken another significant step in its Bitcoin exchange-traded fund (ETF) application. The company has submitted an updated file to the SEC, making a second amendment to its S-1 registration document related to its January application. According to the new application, the fund, named “Morgan Stanley Bitcoin Trust,” is
It has been suggested that the US administration is considering additional military options against Iran in order to restore energy flows in the Middle East. According to reports citing sources close to the matter, Washington is reportedly keeping plans on the table to occupy or blockade Harg Island, one of Iran’s critical oil export points.