Tether’s USDt and Circle’s USDC, the two largest stablecoins by market capitalization, have slowly lost market share in the past year, suggesting a major shift in the stablecoin landscape. Despite Tether’s USDt (USDT) and Circle’s USDC (USDC) steadily increasing their market caps, the stablecoins have lost more than 5% of their combined market share since
Artificial intelligence company OpenAI has become the world’s largest startup after reaching a $500 billion valuation in a secondary share sale. Citing anonymous sources, Bloomberg reported on Thursday that current and former OpenAI employees sold $6.6 billion in stock to investors including Thrive Capital, SoftBank Group Corp., Dragoneer Investment Group, Abu Dhabi’s MGX and T.Rowe
Lisk has launched a $15 million venture initiative, the Lisk EMpower Fund, aimed at accelerating Web3 startups in Africa, Latin America (LATAM), and Southeast Asia. The fund positions itself as a counterweight to the oversaturated Western venture scene, where valuations are at record highs and returns are increasingly muted. Lisk’s $15 Million EMpower Fund Targets
Cryptocurrency market maker GSR has signed an agreement to acquire Equilibrium Capital Services, a Portland-based broker-dealer registered with the SEC and a member of FINRA. The deal, which is still pending regulatory approval, marks a step toward expanding GSR’s regulated presence in the United States. GSR did not disclose the terms of the Equilibrium Capital
The following is a guest post and opinion from Jamie Elkaleh, CMO at Bitget In Hong Kong, hours before the New York open, an investor buys a $1 slice of Tesla directly from a self-custody wallet. No broker, no FX spreads, no trading window. Thanks to tokenized U.S. stocks and ETFs offered through Ondo Global
Tokyo-based Metaplanet reported record Bitcoin (BTC) Income Generation revenues in its third-quarter results for fiscal year 2025, with revenue surging 115.7% compared to the previous quarter. Furthermore, the company revealed it has already exceeded its annual BTC accumulation target. Given this performance, Metaplanet also raised its full-year revenue and operating profit forecasts. Metaplanet Q3 Bitcoin
Thailand’s market regulator says the country is working on expanding its exchange-traded funds (ETFs) plans beyond bitcoin BTC$118,823.85, Bloomberg reported on Thursday. The country’s Securities and Exchange Commission (SEC) will allow local mutual funds and institutions to issue such funds under rules, SEC secretary-general Pornanong Budsaratragoon said, according to the report, citing an interview on
Digital asset treasury companies will eventually consolidate under a few larger players as the cycle matures and companies try to attract investors, according to Coinbase’s head of investment research, David Duong. Speaking to Cointelegraph, Duong said outside of strategies to boost share prices, “companies may start to pursue mergers and acquisitions, much like the recent
While a recent wave of corporate digital asset treasuries is starting to show signs of a bubble, the long-term outlook is positive, according to TON Strategy CEO Veronika Kapustina. “I think, look, obviously, it looks like it’s a bubble. As in, all the indicators look like it’s a bubble,” Kapustina told Cointelegraph during the Token2049