Coinbase has acquired Echo, an onchain fundraising platform, for approximately $375 million, the crypto exchange announced Tuesday. The deal marks another major acquisition this year for Coinbase as it expands its role in early-stage crypto funding. “We want to create more accessible, efficient, and transparent capital markets,” the company said in a statement. “But today,
YZi Labs, the former venture arm of Binance, led a $25.5 million strategic investment round for Sign, Blockworks has exclusively learned. IDG Capital also participated in the round. In January, Sign raised $16 million from YZi Labs, which was also YZi’s first investment after being spun out from Binance after former Binance CEO Changpeng Zhao
CoreWeave (CRWV) CEO Michael Intrator told CNBC the company will not raise its $9 billion all-stock offer for bitcoin miner Core Scientific (CORZ), calling the acquisition a “nice to have, not a need to have.” He said the offer fairly reflects the relative value of both companies and that CoreWeave will continue as planned even
Key Takeaways Jarrod Patten, a Strategy board member, bought $2.3 million in STRC shares, signaling strong insider confidence. Strategy is best known for its strategy of accumulating Bitcoin as part of its corporate treasury and is seen as a proxy for Bitcoin exposure. Strategy board member Jarrod Patten purchased $2.3 million worth of the company’s
SharpLink Gaming (SBET), the publicly-traded digital asset treasury company led by Ethereum co-founder Joseph Lubin, reported its first ether ETH$3,880.59 purchase since late August, acquiring over $75 million worth of tokens. The firm raised $76.5 million last week via a direct stock offering, and used the proceeds for purchasing 19,271 ETH at an average price
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 3608.8, down 2.0% (-72.51) since 4 p.m. ET on Monday. None of the 20 assets are trading higher. Leaders: SOL (-0.9%) and UNI (-1.4%). Laggards: LINK (-3.5%) and XRP
21 October 2025: Tether, the largest company in the digital asset industry, today announced a strategic investment in Kotani Pay, an on-ramp/off-ramp infrastructure that connects Web3 users to local payment channels across Africa. This investment aims to empower people and businesses in Africa by allowing easy access to digital assets and lowering barriers to global
Statistics Canada will publish September’s inflation figures on Tuesday. The numbers will give the Bank of Canada (BoC) a fresh read on price pressure as the central bank weighs its next move on interest rates. The BoC is expected to trim the interest rate by 25 basis points to 2.25% at its meeting on October
Somehow, Ripple managed to lose investors’ money on the first trading day of its new digital asset treasury (DAT), Armada Acquisition Corp II (AACI). It immediately flatlined, closing negative for the day and failing to break a multi-month losing streak in XRP stocks. At 8am yesterday, New York time, Ripple was mentioned in a glowing
Luxxfolio is a public company with a unique approach to the digital asset space. Instead of just speculating on cryptocurrencies, they’ve built their foundation around Litecoin—one of the oldest cryptocurrencies—and have grown into a broader digital asset enterprise. Their goal is to bridge traditional finance with blockchain innovation by combining transparency, discipline, and real operational