The crypto sector in the United Arab Emirates (UAE) is on track to become its second-largest industry in the next five years, due to the country’s regulatory policies and attractive business environment, according to Chase Ergen, a board member of publicly traded digital asset investment firm DeFi Technologies. “They have a reputation for leadership, legislation,
Crypto exchange Gemini filed an updated registration statement for its initial public offering effort, sharing a few more details in its push to become a publicly traded firm. Goldman Sachs (GS), Citigroup (C), Morgan Stanley (MS) and Cantor acting as lead bookrunners on the IPO, Gemini said in a press release Friday. Evercore ISI, Mizuho,
S&P Dow Jones Indices (S&P DJI) is in discussions with major exchanges, custodians and DeFi protocols to license and list tokenized versions of its benchmarks, according to Stephanie Rowton, the firm’s director of US equities. Rowton told Cointelegraph that the index provider is taking a “strategic approach” to ensure tokenized S&P products are launched only
The company raised $1.1 billion through its initial public offering, pricing 30 million shares at $37 each. This gave Bullish a market value of $5.4 billion at launch, though the stock’s strong performance pushed its valuation to over $13 billion by the end of trading day. From Filing to Trading Floor Bullish first filed for
BlackRock CEO Larry Fink nominated as interim co-chair of World Economic Forum board Summary Larry Fink, CEO of BlackRock, became interim chair of the World Economic Forum board Formerly a Bitcoin skeptic, Fink has been the driving force behind Wall Street’s crypto adoption WEF founder, Klaus Schwab, recently resigned amid reorganization Bitcoin (BTC) may soon
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It’s worth taking another look at those corporations hoarding crypto — particularly as we see momentum around the ones accumulating ETH. You may know them as crypto treasury companies or, as Blockworks Research’s Dan Smith calls them: DATs (digital asset treasuries).
StablesLabs, the issuer of USDX and sUSDX stablecoins, commended Citibank’s ground-breaking plans to integrate stablecoin transfers into its traditional banking infrastructure. Yesterday, August 15, 2025, fresh data disclosed that Citigroup, a US investment bank, is making preparations to broaden its presence in the virtual currency landscape, with plans to offer custody and related services for
Cryptocurrency exchange Gemini said Friday that it has submitted a public S-1 filing with the SEC to launch a planned initial public offering, two months after previously revealing a confidential filing with the regulator. Gemini, which was founded in 2014 by billionaire Bitcoin investors Tyler and Cameron Winklevoss—perhaps best known for their role in the
SharpLink Gaming’s shares plummeted Friday as the online gambling marketer disclosed disappointing earnings for the second financial quarter. The Ethereum treasury’s shares are trading at $20.04, down nearly 15% in intraday trading. SharpLink reported $103 million in net losses for the three-month period ending on June 30—a stark contrast to its nearly $12 million net
U.S. stocks opened largely positive on Friday, with the Dow Jones Industrial Average rising 250 points and the S&P 500 adding 0.3% as Wall Street targets a winning week. Summary Stocks traded higher on Friday as S&P 500 and Dow Jones Industrial Average rose. Risk assets soared after latest retails sales data. While stocks slipped