Nasdaq-listed Bitcoin mining company IREN Ltd. is currently one of the hottest stocks on Wall Street. IREN has rallied nearly 300% since March and 74% over the past month. After tumbling at the start of the year, the Bitcoin miner’s stock has almost quintupled from its April lows. The stock almost made a break for
Crypto platform Bullish (BLSH), the parent company of CoinDesk, said Tuesday that it has named David LaValle, a longtime figure in the exchange-traded fund industry, president of CoinDesk Indices and Data. LaValle joins from Grayscale Investments, where he spent four years as global head of ETFs. Hired in 2021, he was instrumental in efforts to
AI company Anthropic, the developer of the Claude family of large language models, has reached a $183 billion valuation following its latest funding round — a dramatic increase from the start of the year that underscores the accelerating growth of AI applications. The company disclosed Tuesday that it closed a $13 billion Series F round
Adding crypto to Ukraine’s reserves is not a good idea, according to the country’s monetary authority, which indicated it has no intention to support it. Such a move may undermine the Eastern European nation’s integration with the EU and clash with IMF requirements, warned a member of the regulator’s management. NBU turns back on crypto
Today marked one of the busiest days yet for corporate crypto finance, as companies from New York to Hong Kong unveiled major treasury allocations, IPO filings and strategic acquisitions. SharpLink disclosed it had acquired 39,008 ether, worth roughly $177 million at the end of August, through an at-the-market equity program. The company framed the move
Coinbase Derivatives said it will introduce a new type of equity index futures contract later this month, offering investors exposure to both leading U.S. technology stocks and cryptocurrency exchange-traded funds (ETFs) in a single product. Launching Sept. 22, the Mag7 + Crypto Equity Index Futures will be the first U.S.-listed derivatives contracts to combine traditional
Blockchain-focused lender Figure Technology Solutions is aiming to raise $526 million in its initial public offering (IPO), underscoring the growing trend of crypto and blockchain firms pursuing public listings amid the bull market. According to regulatory filings submitted Tuesday and reported by Bloomberg Law, Figure plans to sell 21.5 million shares in the $18 to
Shenzhen Futian Investment Holdings (SFIH) issued an RWA-based digital bond on Ethereum, raising $700 million with Fitch’s A- rating in Hong Kong. On August 29, the digital bond was listed in the Shenzhen and Macau markets. This is the first time tokenized securities based on a public blockchain have been allowed on traditional exchanges. First