Artificial intelligence (AI) giant OpenAI is targeting an initial public offering (IPO) which could value the company at as much as $1 trillion, Reuters reported on Wednesday. The IPO could come as early as the second half of 2026, according to the report, citing three people familiar with the matter. OpenAI’s chief financial officer Sarah
Jamie Dimon, CEO of JPMorgan Chase, one of the world’s largest banks, has backtracked on his years-long anti-Bitcoin and cryptocurrency stance. The manager of the $4.6 trillion bank said in a live broadcast, “I was wrong, crypto is real.” Dimon has previously described Bitcoin as a “gemstone” and argued that cryptocurrencies are tools for scammers
The crypto industry’s onchain economy has entered a new phase, one driven by fees, users and real demand rather than just price speculation, according to a sweeping new study from venture firm 1kx. The firm’s Onchain Revenue Report (H1 2025) aggregated verified onchain data across more than 1,200 protocols, tracking how value actually moves through
In a bold move signaling a strong commitment to the future of digital finance, Nasdaq-listed SEGG Media (SEGG) has announced a substantial Web3 investment program. This ambitious initiative, valued at $300 million, is set to significantly impact the cryptocurrency and tokenization landscape. For those following the evolution of blockchain technology, this strategic allocation marks a
Key Takeaways Core Scientific shareholders voted against the merger with CoreWeave. Proxy advisors advised voting down the deal due to undervaluation concerns. Core Scientific shareholders today rejected the proposed merger with CoreWeave, an AI-focused cloud computing provider, blocking the takeover deal between the Bitcoin mining and data center operator and the high-performance computing infrastructure company.
A string of stablecoin projects has begun to shake up Japan’s digital money ecosystem. It quietly opened the door to yen-pegged stablecoins this month. But these won’t replace cash at the local supermarket. Instead, they are being built in the quieter corners of the finance world. Japan’s payments market is flush with cashless options, which
The race to acquire blockchain infrastructure is picking up speed, according to U.S. bank Citizens. Citizens said it expects the pace of mergers and acquisitions across digital assets to accelerate from here in a new research report. The analysts noted that the digital-asset industry’s technical complexity, talent shortages, and stringent compliance demands make acquisitions the
TL;DR: Circle and Galaxy remain profitable amid post-IPO volatility. eToro’s stock has dropped nearly 40% since its debut. Investors favor crypto firms with stability and institutional focus. Circle and Galaxy Digital have emerged as the only crypto firms still in profit after their public listings, contrasting sharply with peers like eToro, which has seen its
Argentina’s CNV expands its tokenization regime to include a wider range of financial instruments and securities. Binance Pay launches QR payments in Argentina, converting crypto to pesos automatically with no fees. Argentina moves forward with a plan to update its capital markets. A new resolution expands the existing tokenization framework. The National Securities Commission, known
Commercial Bank International (CBI) has launched CBIx, a wholly owned subsidiary intended to advance innovation across artificial intelligence (AI), tokenized assets, Web3, and the global fintech ecosystem. According to a press release, the program positions CBIx as a central hub for exploring and testing new technologies, financial models, and venture opportunities in the UAE’s market.