The American mutual fund Kinetics Internet Portfolio, which has $275 million in assets and is part of Kinetics Portfolios Trust, has acquired a direct equity stake in Ripple Labs Inc. The investment was disclosed in the fund’s quarterly Form NPORT-P report filed with the U.S. Securities and Exchange Commission (SEC). According to the document, the
Webull said Wednesday that cryptocurrency trading accounted for $2.25 million, or a little over 1% of the platform’s record $198 million revenue for the second quarter of 2026. Revenue for the period was up 51% year-over-year, according to online brokerage and digital trading platform’s Wednesday earnings release. That’s as equity and options trading generated $112
Nasdaq-listed AIXC (AIXC) has decided to completely withdraw from its digital asset treasury strategy, planning to gradually liquidate its cryptocurrency holdings to refocus on its core robot leasing and operations business, according to a report from CryptoSlate. As of the end of the second quarter, the company held 46 $BTC, 616 $ETH, 6,659 $SOL, and
Strategy [MSTR] shares jumped more than 12% on Wednesday as Bitcoin’s sudden recovery spilled into crypto-linked stocks. The price of the stock was around $103.76 after it briefly got to the $106.90 level, as Bitcoin gained a more modest 5.59%. For Strategy shareholders, though, the strong session comes after months of pain due to the
Securitize closed its first quarter as a public company with average tokenized assets under management hitting a record $4.3 billion, up 16% year over year, while transaction volume on the platform jumped 147% to $5.3 billion. Total revenue fell 5% to $14.4 million, tokenization revenue dropped about 12% to $7.8 million, and adjusted EBITDA swung
An old video of JD Vance resurfaced this week in which the then-senator asks a question Washington usually treats as settled: Is issuing the world’s reserve currency actually good for the United States? The dollar allows Americans to buy imports cheaply, he observed, while the same strength makes domestic production less competitive. Reserve status looks