Tether has taken a step that changes its position in the crypto market. After years of operating without a permanent base, the company set up its headquarters in El Salvador earlier this year. On Friday, founder Paolo Ardoino appeared in…
Could Tether introduce a US stablecoin with Bo Hines as CEO?
Tether announced the launch of its U.S. stablecoin, USAT, during an event in New York City, signaling a major shift for the firm after years of regulatory scrutiny. The new token will operate under the Genius Act, with Anchorage Digital…
Did Figure climb after a $787.5 million IPO to $6 billion?
The market watched figure make its public debut on Nasdaq after raising $787.5 million, opening at $25 per share and climbing almost 30% to about $32 by Thursday afternoon, which set an equity value near $6 billion for the ticker…
Winklevoss Twins’ Gemini targets $3 billion value this week?
Winklevoss Twins’ Gemini enters listing week with trading slated for Friday, a valuation target above $3 billion, and a dispute that overlaps with the nomination of Brian Quintenz to lead the CFTC. The exchange, founded in 2014 by Cameron and…
Is Kraken launching tokenized stocks in Europe with xStocks?
Kraken expanded its tokenized securities push in Europe with the launch of Backed’s xStocks for eligible investors. The rollout adds 24/5 access to certificates that track popular United States equities, plus self-custody and easy movement across compatible platforms. It follows…
Nasdaq invests 50 million in Gemini crypto exchange deal?
Nasdaq enters a strategic relationship with Gemini as the crypto exchange moves toward a public listing, anchoring a $50 million private placement inside a planned $317 million IPO and linking custody, staking, and collateral workflows through Calypso to reduce operational…
Is the Saylor Model losing trust as crypto treasuries fade?
The Saylor Model frames a plain idea: treat Bitcoin as treasury and use the public equity wrapper to fund steady accumulation. The trade drew in small issuers that rebranded overnight and larger names that chased equity premia over spot holdings.…
Is Altvest planning $210 million for Bitcoin acquisition?
Altvest plans a $210 million raise to buy Bitcoin and has announced a rebrand to Africa Bitcoin Corp. The listed firm, valued at about $3 million, wants to hold BTC as its primary treasury reserve. The move follows the playbook…
Robinhood up 150% after S&P 500 entry and Strategy out?
Robinhood closed just above $101 and then moved past $108 in extended trading after the index committee announcement, a move that arrived on the same day its addition to the S&P 500 was set for September 22 alongside AppLovin. The…
Can Justin Sun access 100 million WLFI again soon?
Justin Sun is at the center of a dispute with World Liberty Financial after the project froze more than 100 million dollars in tokens he acquired. On Friday he posted on X that his wallet had been restricted, framing himself…