Over the past year and a half, the world’s largest financial institutions have doubled down on building the ‘connective tissue’ linking trad-fi to the blockchain. Unlike the hype cycles of 2017 or 2021, which saw market volatility hit an all-time high, current evolutionary trends are being shaped behind the scenes via avenues like tokenization pilots,
On Jul. 21, 2025, Strategy offered yet another perpetual preferred stock. It’s called Stretch. It was introduced less than two months after the launch of another Strategy’s perpetual, Stride. Two other perpetuals are Strike and Strife, launched in January and March, respectively. It’s important to realize how different these stocks are and what their differences
TACEO announced that it has completed a $5.5 million seed funding round led by Archetype VC, which included a16z and other major firms. What will the funds be used for? Summary The startup behind World’s iris-scanning encryption software has completed a $5.5 million seed funding round. World’s iris-scanning verification has received backlash from several countries
Cryptocurrency is becoming a financial planning priority, with 99% of chief financial officers at billion-dollar firms expecting to use it for business in the long term, according to Deloitte’s Q2 2025 survey of CFOs. The survey, conducted among 200 CFOs at companies with over $1 billion in revenues, revealed that 23% expect their treasury departments
Stable, developer of a new blockchain built around Tether’s USDT, said it raised $28 million in a seed round led by Bitfinex and Hack VC. Other backers include Franklin Templeton, Castle Island Ventures and KuCoin Ventures, alongside angel investors like Tether CEO Paolo Ardoino and Braintree founder Bryan Johnson. The Stable blockchain, described as a
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market quickly recovered from the late Wednesday swoon triggered by Fed Chair Jerome Powell’s hawkish comments. Bitcoin BTC$118,455.81 bounced to $118,500 from $116,000, with ether (ETH), XRP XRP$3.1272 and other major altcoins following suit. The CoinDesk 80 Index traded over 2.5% higher on the
Leading cryptocurrency Bitcoin (BTC) is trading in a narrow range after its ATH of $123,000 in mid-July. Although economic data from the US has been positive in recent months, the Fed failed to make the expected interest rate cut in June and July, and hopes for a September rate cut have also diminished. Many crypto
Coinbase has taken aim at the United Kingdom’s financial system in a darkly satirical video, which comes as data reveals a steep rise in financial hardship across the country. Titled “Everything is fine,” the video uses a musical tone and lyrics to brag about the UK’s strong finance while showing grim scenes of inflation, poverty,
AllUnity, a joint venture between DWS, Galaxy and Flow Traders, has launched EURAU, a euro-denominated stablecoin approved under Germany’s new crypto regulations. EURAU is claimed to be the first euro-backed stablecoin to be issued under the EU’s Markets in Crypto-Assets Regulation (MiCAR) and licensed as electronic money by Germany’s BaFin. The token, issued on Ethereum
The global crypto market is bracing for impact after the Bank of Japan decided to hold interest rates steady, following a similar move by the US Federal Reserve. The BOJ held its benchmark interest rate at approximately 0.5% after a two-day meeting, mirroring the US Federal Reserve’s decision to keep rates steady for a fifth