OpenPayd, a financial technology company building the infrastructure layer for the digital economy, will become a publicly traded company on Nasdaq under the ticker “OP” after entering into a definitive business combination agreement with Titan Acquisition Corp., a SPAC focused on high-growth fintech companies. The deal values OpenPayd at approximately $1.1 billion. Iana Dimitrova, CEO
SpaceX is targeting a Nasdaq listing on June 12, 2026, under the ticker SPCX. The company is aiming for a valuation of approximately $1.75 trillion and a raise of roughly $75 billion, which would make it the largest IPO in history by a wide margin. For context, the current record holder is Saudi Aramco, which
Strategy (MSTR), the company whose bitcoin accumulation strategy inspired a new generation of so-called digital asset treasury firms, sold $BTC for the first time since December 2022, offloading roughly $2.5 million worth of tokens. The move came as the scheme has faced major headwinds since gaining popularity last year. Dozens of companies raised capital through
Bitwise completed its takeover ofSuperstate’s Crypto Carry Fund (USCC), giving the asset manager control of a tokenized investment vehicle that uses market-neutral crypto trading strategies to generate yield. Bitwise said on May 7 it would assume management of the fund from Superstate as the infrastructure company shifted its focus toward FundOS, its tokenized fund platform.
A total of 165 long-dormant bitcoin wallets moved approximately 5,073 $BTC last month, with one address sitting idle since August 2010 finally coming to life in the final hours of May. Key Takeaways: Galaxy Research identified a wallet dormant since Aug. 20, 2010, moving 20 $BTC worth $1.5M at block 951828 on May 31. BTCparser1
When Strategy (MSTR) disclosed that it sold 32 bitcoin in May, memories were jogged of the company’s first-ever bitcoin sale in December 2022. Both events generated headlines questioning whether Michael Saylor’s company was backing away from its long-standing bitcoin accumulation strategy. Both prompted scrutiny of the firm’s finances. Both represented extraordinarily rare moments in the
Bitwise recently published a report examining Bitcoin’s performance in May. The report noted that Bitcoin climbed above $80,000 during the month but struggled to maintain that level. After encountering strong resistance between $80,000 and $85,000, Bitcoin fell back toward $72,000 as ETF outflows increased and investor sentiment weakened. Despite the pullback, Bitwise said the overall
Cardano now has its own dedicated section on Token Terminal, the analytics platform that institutional investors and developers use to compare blockchain networks the way stock screeners compare equities. The partnership, announced June 1, brings standardized onchain metrics, custom dashboards, and API access to the Cardano ecosystem. What the partnership actually delivers Token Terminal has