As the number of crypto-focused financial technology companies preparing for initial public offerings (IPOs) increases, Ripple has sent a clear message about its own plans: The company has no immediate agenda for an IPO. “We don’t have an IPO timetable. There’s no plan, there’s no timetable,” Ripple President Monica Long told Bloomberg in an interview
Mercury fintech announced a new milestone: at the end of Q3 the company recorded $650 million in annualized revenue, according to an exclusive Fortune interview published on November 7, 2025. Summary How did Mercury’s March Series C and $3.5 billion valuation reshape its growth outlook? Series C details Valuation and investor context How significant is
President Donald Trump’s media company reported multi-million dollar losses for the third consecutive quarter this year, a result that pushed the stock down to its lowest price in over a year. Trump Media & Technology posted a $54.8 million net loss in 2025’s third quarter, the company said Friday—despite investing billions of dollars this summer
Key Takeaways JPMorgan held 5.3 million Bitcoin ETF shares valued at $343 million as of September 30. This reflects a 64% increase in JPMorgan’s Bitcoin ETF holdings since June. JPMorgan, a major US bank, disclosed holding 5.3 million shares of BlackRock Bitcoin ETF (IBIT) valued at $343 million as of Sept. 30, representing a 64%
Key Takeaways Nvidia’s stock fell 5% today, with market capitalization losses totaling $800 billion since Monday. Investor concerns mount as AI enthusiasm cools, prompting a reassessment of lofty tech valuations. Nvidia, a leading AI chipmaker, fell 5% today, extending its losses to $800 billion since Monday amid cooling AI hype and rising competition from emerging
Key Takeaways Commonware, a crypto infrastructure startup, secured $25M in funding. The round was led by Tempo, which is backed by Stripe and focuses on stablecoin settlement. Commonware, a crypto infrastructure firm building tools for decentralized finance applications, secured $25 million in a funding round led by Tempo, a blockchain startup focused on developing stablecoin
Ark Invest, the investment firm run by noted technology investor Cathie Wood, added 240,507 shares—around $9.2 million worth—of Ethereum treasury firm BitMine Immersion Technologies (BMNR) via three of its actively managed ETFs on Thursday. The firm’s latest acquisition comes amid a slide in BMNR shares as Ethereum continues to fall from its recently set all-time
Crypto markets turned red, with major tokens falling sharply — Bitcoin dropped 3% to $99,800, Ethereum slipped 4% to $3,210, Binance Coin declined 1% to $933, and Solana fell 3% to $152. Among top movers, Filecoin surged 50%, Zcash gained 20%, Internet Computer rose 20%, and NEAR Protocol climbed 18%. Crypto-related stocks also tumbled yesterday,
While the demand for Bitcoin (BTC) and cryptocurrencies is increasing day by day, governments are also taking rapid and important steps regarding the crypto sector. At this point, the latest news came from Kazakhstan. According to Bloomberg, Kazakhstan is preparing to establish a national cryptocurrency reserve fund worth between $500 million and $1 billion. The
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3151.03, down 1.1% (-35.27) since 4 p.m. ET on Thursday. Ten of 20 assets are trading higher. Leaders: NEAR (+12.9%) and ICP (+12.8%). Laggards: AAVE (-3.5%) and SOL (-2.4%).