Robinhood share price has jumped to a record high this year. The company recently became one of the newest S&P 500 companies. There are concerns about its valuation after the recent surge. Robinhood stock price has been in a strong uptrend this year and is now hovering at its all-time high as its growth gains
This is a segment from The Drop newsletter. To read full editions, subscribe. Share has just emerged from stealth and closed a $5 million funding round from Coinbase Ventures, Collab+Currency, Palm Tree Crypto and others, The Drop has exclusively learned. Share is an upcoming app for Solana, Base and Ethereum that shares crypto traders’ transactions
Divine has raised $6.6 million in seed funding to expand Credit, its undercollateralized lending protocol designed for borrowers without access to traditional credit. The round, announced Thursday, was led by venture firm Paradigm with participation from Nascent and angel investors. Credit launched in December 2024 and has since issued more than 175,000 loans to over
The stablecoin market is expanding faster than expected, with issuance volumes rising from about $200 billion at the start of 2025 to $280 billion as of Thursday, according to a report by Citi. The bank has lifted its 2030 forecast for stablecoin issuance to $1.9 trillion in its base case and $4 trillion in a
Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period closing in on $1 billion. Bitcoin, the leading cryptocurrency, was recently down by nearly 4%, trading for under $109,700, CoinGecko data shows. While Ethereum, the second biggest digital coin, dropped further—by 7.5%—and was trading for $3,879 Thursday afternoon
Crypto trading firm Keyrock says onchain asset management is having a breakout year. In a new report, the firm estimated that assets under management (AUM) have surged 118% in 2025 to $35 billion, driven by growth across automated yield vaults, discretionary strategies, structured products and credit. Keyrock predicts that the sector could nearly double again
Hong Kong-based company Pop Culture Group has announced a major strategic move through its subsidiary CPFH. Pop Culture Group Enters Crypto Entertainment Market with 1,000 BTC Acquisition The company announced plans to purchase an additional 1,000 Bitcoin (BTC) within the next year. This move marks the creation of a new fund called the “Crypto Pop
Bitcoin mining company CleanSpark secured its second $100 million credit line this week without issuing new shares, highlighting the growing role of digital assets as collateral in mainstream finance. The latest facility, disclosed Thursday, was arranged with Two Prime, an institutional Bitcoin (BTC) yield platform, and is backed entirely by CleanSpark’s Bitcoin treasury. With this
Anchorage Digital Bank is ramping up hiring as it prepares to more than double its stablecoin unit. The federally chartered crypto-native bank plans to expand its current 20-person stablecoin team over the next 12 months as demand for crypto dollars explodes in the U.S., and as new federal legislation clears the way for larger stablecoin
Real-world asset specialist Centrifuge has launched what it calls the first licensed S&P 500 index fund on blockchain rails, opening one of the world’s most recognized equity benchmarks to on-chain investors. The Janus Henderson Anemoy S&P 500 Fund, dubbed SPXA, went live on Thursday on Base, an Ethereum layer-2 network developed by crypto exchange Coinbase.