The SEC pushed back its deadline for whether to approve Nasdaq's proposal to allow in-kind redemptions for the IBIT ETF.
The $179 million offer by Robinhood Markets represents a 71% premium to WonderFi's 30-day average share price.
The firm reported a Q1 net loss of $295 million, driven by a slump in digital asset prices and a mining-related impairment charge.
Crypto investment products added $882 million worth of net inflows for the fourth week in a row, according to asset manager CoinShares.
The Tokyo-listed investment firm now holds about 6,796 BTC, worth roughly $706.7 million based on current market prices.
Representatives for BlackRock, met with SEC staff to discuss staking and options for cryptocurrency exchange-traded funds.
Jump Crypto declined to disclose the dollar value of the deal, which aims to accelerate institutional adoption of tokenization tech.
Former Celsius CEO Alex Mashinsky was sentenced to 12 years in prison after prosecutors said he defrauded customers, Inner City Press reported.
The new product allows businesses to hold balances in dollar-backed stablecoins, and send stablecoins globally.
The move increases the firm's outstanding shares from about 2 million to 14 million, though its authorized share capital won't be affected.
Revolut now has access to the Bitcoin-based payment network in the UK and select European Economic Area countries, as well as Lightspark's MoneyGrid.
The Tokyo-listed investment firm said it purchased 555 BTC for $53.4 million, boosting its total holdings to 5,555 BTC.
The submission comes nearly two weeks after Bitwise filed to launch a Bitwise NEAR ETF in Delaware, which was seen as a preliminary step to launching an ETF.
The purchase comes five days after DeFi Development Corp. penned a $24 million private investment in public equity deal to buy more solana.
Binance's BNB token could rise over 360% in the next few years, according to Standard Chartered's Geoffrey Kendrick.
The $25 million Series A round was led by New Form Capital, with participation from Joint Effects, Tribe Capital and Ripple, among others.
Hougan remains optimistic on crypto prices this year if the U.S. Congress can get stablecoin and market structure bills passed.
House Republicans unveil discussion draft of crypto legislation bill, and DeFi Development Corp plans to acquire a Solana validator business for $3.5 million.
Wintermute accounted for 11% of Robinhood's transaction-based revenues in Q1 while B2C2 accounted for 12%, the same as Citadel.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Participants in the private investment include Galaxy Digital, Amber International Holding Limited, Arrington Capital, and others.
The asset manager's partnership with Sui is deigned to produce product collaborations, research reports and other initiatives.
Eight of the largest banks in the Middle East and North Africa region are now using JPMorgan's Kinexys blockchain platform for payments.
Industry leaders urged the SEC to provide clear guidance on the regulatory treatment of staking under U.S. securities laws.
Visa and Bridge are partnering on a new product that will allow developers to offer stablecoin-backed Visa cards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Hougan also predicted the Bitcoin ETFs will generate record net inflows by the end of 2025 as remaining barriers to adoption begin to fall.
Mathew Mcdermott, Head of Digital Assets at Goldman Sachs, made his comments in a fireside conversation at Token2049.
BlackRock's Head of Digital Assets Robert Mitchnick expressed his views in a panel discussion at Token2049 in Dubai.
BlackRock CEO Larry Fink highlighted in a shareholder letter earlier this year that tokenization will 'revolutionize' investing.