Keyrock, a prominent digital asset liquidity platform, has partnered with Agora, a stablecoin infrastructure entity. As a part of this collaboration, Keyrock is expanding liquidity provision for Agora’s native $AUSD stablecoin. As Keyrock mentioned in its official social media announcement, the development is another key step in its mission to offer institutional-level, reliable, and secure
Gemini shares climbed in after-hours trading on Thursday after the crypto exchange business reported a shift toward more stable revenue streams and outlined an expansion into prediction markets, even as trading activity declined. The stock rose about 7% to $6.45 in late trading after closing at $6.01, as investors appeared to focus on its improving
Forward Industries, a publicly traded company with a Solana-focused treasury strategy, has launched a share repurchase program funded through a crypto-backed loan from Galaxy Digital LLC, underscoring how digital assets are increasingly being used in traditional corporate finance. The company said Thursday it will repurchase 6,164,324 shares of its common stock from an unnamed institutional
Kalshi has raised more than $1 billion at a $22 billion valuation in a new financing round led by Coatue Management, the Wall Street Journal reported. The deal roughly doubles the company’s valuation from its $11 billion December raise and shows investors are still willing to pay up for exposure to the prediction market boom.
Exchange giant Coinbase’s (COIN) asset management arm is bringing its bitcoin yield fund onchain, creating a tokenized share class of the fund with $3.5 trillion fund administrator Apex Group. The Coinbase Bitcoin Yield Fund, managed by Coinbase Asset Management (CBAM), will be available to investors on the Base network, Coinbase’s blockchain built on Ethereum. Apex
Wall Street financial services firm Cantor is among investment banks that are pitching cryptocurrency trading platform FalconX for its potential IPO, according to two people with knowledge of the matter. The company has held preliminarytalks with possible advisors, but FalconX has not yet formally appointed bankers for its initial public offering, the people said, who
Fed unveils a 90-day comment plan to ease Basel III and G-SIB capital rules, modestly cutting requirements for large banks and more for regional lenders. Summary Fed launches a 90-day comment period on proposals that slightly lower capital requirements for large banks and more materially for smaller regionals. Bowman’s “four pillars” overhaul spans stress tests,
Ryde Group, a Singapore-based ride-sharing and carpool platform, similar to Uber or Lyft, said Wednesday that it has adopted a crypto treasury strategy for its corporate reserve. The company said it will invest a portion of its corporate reserves into Bitcoin ($BTC), Ether (ETH), and Sol (SOL), with specific allocations and time of purchase to
Apyx, a dividend-backed stablecoin protocol, acquired an additional 33,888 shares of Strategy’s preferred stock instrument STRC, bringing its total holdings to 288,888 shares valued at approximately $29 million. We just bought more $STRC ❗️ After purchasing an additional 33,888 shares, Apyx now holds 288,888 $STRC. Enhanced digital credit yield is now onchain.And it’s coming for
Dutch market maker IMC Trading has hired Alex Casimo as chief commercial officer of its cryptocurrency business, according to a person with direct knowledge of the matter. Casimo started in his new role this week and is based in London, the person said, who spoke on condition of anonymity as the matter is private. The