Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Lithuania-based Saldo Bank, marking a significant step in its expansion from digital asset trading into traditional banking services. … [Read more...] about Kraken parent Payward to acquire European bank in push into traditional finance
Tokenized equity trading hits record $15.6 billion in September
Trading of tokenized equities reached a record $15.6 billion in September, rising 16.4% from the previous month as activity in blockchain-based stocks continued to expand, according to a CoinDesk Research report published Oct. 6. … [Read more...] about Tokenized equity trading hits record $15.6 billion in September
London Stock Exchange takes stocks onto the blockchain
The London Stock Exchange is taking a major step into blockchain-based markets, planning to offer tokenized versions of U.K. shares as it prepares to launch a new 24-hour trading venue in 2027. … [Read more...] about London Stock Exchange takes stocks onto the blockchain
BitMEX to shut down after 11 years as crypto competition intensifies
BitMEX, one of the cryptocurrency industry's earliest derivatives exchanges, will cease operations by Sept. 23, bringing to a close an 11-year run that helped shape the market for leveraged digital-asset trading. … [Read more...] about BitMEX to shut down after 11 years as crypto competition intensifies
Bitcoin ETF outflows accelerate as institutional investors retreat
U.S. spot Bitcoin exchange-traded funds (ETFs) extended their longest period of sustained investor withdrawals this year, underscoring weakening institutional appetite for digital assets as Bitcoin trades near multi-month lows. … [Read more...] about Bitcoin ETF outflows accelerate as institutional investors retreat
Crypto exchanges are starting to look like global brokerages
Crypto exchanges are no longer trying only to be crypto exchanges. … [Read more...] about Crypto exchanges are starting to look like global brokerages
Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
Circle Internet Group's explosive $1.05 billion IPO on the New York Stock Exchange has reignited investor enthusiasm for cryptocurrency listings, marking the largest public offering in the sector since Coinbase’s 2021 debut. The stablecoin issuer priced shares at $31 but opened at $69 and closed at $83.23 on its first day, reflecting surging demand amid improving sentiment in … [Read more...] about Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
Kraken expands crypto offerings with tokenized U.S. stocks and ETFs for global investors
Kraken, a prominent crypto exchange that has faced legal challenges from the U.S. Securities and Exchange Commission (SEC) over its digital asset offerings, is making a bold move into tokenized securities. The exchange announced plans to offer tokenized versions of over 50 U.S. stocks and exchange-traded funds (ETFs), including shares of major companies like Apple, Tesla, and … [Read more...] about Kraken expands crypto offerings with tokenized U.S. stocks and ETFs for global investors