According to a recent report by Fortune, cryptocurrency exchange Kraken has closed a massive $500 million funding round at a staggering $15 billion valuation. To put this massive raise into perspective, it is worth noting that the exchange raised only $27 million in venture capital funding during its first decade. IPO plans Kraken has been
Within 12 months, Ukrainians spent hundreds of millions of U.S. dollars to acquire cryptocurrency, according to a recent report. The authors of the document, published by a major international development bank, have registered a spike in crypto activity in the war-torn nation. Ukraine branded ‘heavy crypto user’ Cryptocurrency has gained popularity in Ukraine since Russia
IREN stock price is in a strong bull run this year as investors cheer its strong earnings and the ongoing diversification into the artificial intelligence industry. Summary IREN stock price has jumped as the company targets $500 million ARR in AI revenue in Q1. It also jumped after the recent $17 billion deal between Microsoft
The launch of a Bitcoin staking Exchange-Traded Product (ETP) powered by Core on the London Stock Exchange in September 2025 has prompted discussions in financial circles about the potential for a similar staking Exchange-Traded Fund (ETF) to emerge next. This ETP, developed in partnership with Valour, a subsidiary of DeFi Technologies, allows investors to track
Robinhood share price has jumped to a record high this year. The company recently became one of the newest S&P 500 companies. There are concerns about its valuation after the recent surge. Robinhood stock price has been in a strong uptrend this year and is now hovering at its all-time high as its growth gains
This is a segment from The Drop newsletter. To read full editions, subscribe. Share has just emerged from stealth and closed a $5 million funding round from Coinbase Ventures, Collab+Currency, Palm Tree Crypto and others, The Drop has exclusively learned. Share is an upcoming app for Solana, Base and Ethereum that shares crypto traders’ transactions
Divine has raised $6.6 million in seed funding to expand Credit, its undercollateralized lending protocol designed for borrowers without access to traditional credit. The round, announced Thursday, was led by venture firm Paradigm with participation from Nascent and angel investors. Credit launched in December 2024 and has since issued more than 175,000 loans to over
The stablecoin market is expanding faster than expected, with issuance volumes rising from about $200 billion at the start of 2025 to $280 billion as of Thursday, according to a report by Citi. The bank has lifted its 2030 forecast for stablecoin issuance to $1.9 trillion in its base case and $4 trillion in a
Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period closing in on $1 billion. Bitcoin, the leading cryptocurrency, was recently down by nearly 4%, trading for under $109,700, CoinGecko data shows. While Ethereum, the second biggest digital coin, dropped further—by 7.5%—and was trading for $3,879 Thursday afternoon