BlackRock, an existing backer of Circle having invested in its $400 million Series F, manages the majority of USDC's backing assets.
Solana may lag Ethereum in the near term until new use cases beyond memecoins gain traction, according to Standard Chartered.
Giancarlo, who chaired the CFTC from 2017 to 2019, has joined crypto bank Sygnum as an advisor to support its growth.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The platform is also discontinuing the lending of client assets to generate interest, eliminating third-party credit risk.
U.S. spot Bitcoin and Ethereum ETFs attracted net inflows of $934.8 million and $110.5 million, respectively, on Thursday.
The outcome of the discussions will depend on how the U.S. stablecoin legislation turns out, the WSJ report said.
JPMorgan analysts say expectations that the stablecoin market could triple or quadruple in the near future are "far too optimistic."
Corda developer R3 has tapped Solana to bring its $10 billion-plus of real-world assets issued by financial institutions onto a public ledger.
The collaboration highlights a broader effort to set institutional standards in capital efficiency and digital asset management.
ProCap Acquisition Corp, a blank-check firm, announced an upsized IPO of 22 million shares priced at $10 each.
IBIT is up to nearly $9 billion worth of net inflows in 2025, having attracted $6.5 billion in the past month alone.
Aside from the approval of spot bitcoin ETFs, it marks the most significant regulatory milestone in crypto's history, Matt Hougan argued.
Strive Enterprises, co-founded by Vivek Ramaswamy, seeks to 'source and evaluate' distressed Bitcoin claims, including those from Mt. Gox.
Government entities increased their MSTR holdings in Q1, including first-time buys by Saudi Arabia and France, Standard Chartered said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Dimon reaffirmed his negative stance on Bitcoin despite regulatory shifts under the Trump admin encouraging institutional involvement.
Year-to-date inflows have reached $7.5 billion — fully recovering from the February to March outflows amid the Trump tariff-fueled slump.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Mubadala Investment Company added an extra 491,439 shares in BlackRock's IBIT Bitcoin ETF in Q1, currently worth $28.8 million.
BlackRock’s nearly $3 billion tokenized Treasury fund launched its “first direct DeFi protocol integration” with Euler on Avalanche.
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Bitcoin could keep rising at gold’s expense in the second half of the year, boosted by corporate buying and growing support from U.S. states, according to JPMorgan analysts.
Wintermute is expanding to New York City, tapping policy veteran Ron Hammond as it positions itself in a favorable regulatory environment.
Ark also bought $7.6 million of 3IQ's Solana staking ETF and sold shares in Jack Dorsey's Block as it rebalanced its fund weightings.
JPMorgan's blockchain unit Kinexys, Chainlink and Ondo Finance teamed up to test cross-chain settlement of a tokenized U.S. Treasuries fund.
Ethereum has generally underperformed this cycle, but has suddenly jumped 65% over the past 30 days and nearly 100% since its April lows.
FalconX plans to integrate Standard Chartered's banking infrastructure to improve cross-border settlements for global institutional clients.
The Nasdaq-listed firm said it purchased 172,670 SOL, boosting its total holdings to 595,988 SOL, worth about $102.7 million.
The SEC pushed back its deadline for whether to approve Nasdaq's proposal to allow in-kind redemptions for the IBIT ETF.