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…

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…

What is Gemini seeking to raise with a $317 million IPO?

Gemini is advancing a U.S. initial public offering that could raise up to $317 million and place the company near a $2.22 billion valuation, marking a measured return to public markets for a mid-sized exchange founded in 2014 by Cameron…

CoinDesk Owner Bullish Seeks $629 Million IPO Offering

Bullish is preparing to go public in the United States with a planned initial public offering that would raise up to $629.3 million, positioning the company for a listing on the New York Stock Exchange under the ticker symbol BLSH.…

Coinbase $1.5 billion gain and two hidden earnings items

In the second quarter of 2025, coinbase reported mixed results: total revenue was $1.5 billion, slightly below expectations, and transaction revenue fell to $764.3 million as trading volume decreased. Adjusted net income was $33.2 million, showing that recurring operations were…

Kraken Reports 13% Drop in Q2 Revenue to 412 Million Overall

The second quarter of 2025 saw Kraken navigate a challenging backdrop of macro uncertainty and shifting market dynamics while delivering solid progress across its core metrics. Revenues slipped 13% from $478 million in Q1 to $412 million, reflecting seasonal headwinds and US…

Coinbase executive leads Dakota neobank raise $12.5 Million

Dakota, a neobank blending traditional banking with digital assets, has captured investor attention by securing $12.5 million in Series A funding led by CoinFund. Co-founded by former Coinbase executive Ryan Bozarth, the startup leverages stablecoins to accelerate cross-border payments and reduce transaction…

Supreme Court sustains IRS summons for Coinbase data

The US Supreme Court recently declined to review an IRS summons compelling Coinbase Global Inc. to disclose transaction records for over 14,000 cryptocurrency users. This refusal came without comment, leaving intact a lower court decision that upheld the summons under…

Robinhood to issue 200 stock tokens on its own blockchain in EU?

The online brokerage Robinhood has announced an expansion of its crypto and stock trading services across the European Union. With the unveiling of Stock Tokens, customers can now trade tokenized shares of U.S. companies on a blockchain with no commission…