Bitwise Asset Management plans to take over investment management of Superstate’s Crypto Carry Fund, marking the crypto asset manager’s first move into tokenized funds. The fund, known as USCC, will be renamed the Bitwise Crypto […]
Key Takeaways: Coinbase Asset Management launched CUSHY to expand tokenized credit access for qualified investors. Institutions can access tokenized shares and supported networks, including Ethereum. Risk controls will guide underwriting, diversification, liquidity, and credit quality […]
Bullish agreed to acquire transfer agent Equiniti from Siris Capital in a $4.2 billion transaction, giving the crypto exchange a major shareholder recordkeeping business as it pushes deeper into tokenized securities. As part of the […]
Brad Garlinghouse, CEO of Ripple Labs, warned Tuesday that recent progress on the digital asset market structure bill in the US Senate did not guarantee success for the legislation, speculating that the next two weeks […]
Brian Armstrong said Coinbase is cutting its workforce by around 14% as it responds to a weaker market environment and rapid productivity gains driven by AI. This is an email I sent earlier today to […]
Key Takeaways: The DOJ charged Army Sgt. Van Dyke for using classified data to net over $400,000 on Polymarket. Stefan Muehlbauer notes that the case subjects decentralized platforms to the Commodity Exchange Act. A June […]
Key Takeaways: SBI and Visa launched credit cards that convert spending points into a user-selected cryptocurrency ( BTC, ETH, or XRP). Gold users can earn up to 10%, while standard users can receive up to […]
Tokyo-based SBI Holdings has opened talks to acquire shares in cryptocurrency exchange Bitbank and make it a consolidated subsidiary, extending its push to consolidate regulated crypto trading platforms in Japan as the country moves toward […]
Spirit Airlines stock (FLYYQ) plummeted over 70% Friday as the ultra-low-cost carrier edged toward its final landing after Washington’s $500 million rescue plan stalled and creditor talks collapsed. The Miramar, Florida-based airline, one of the […]
The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could now move closer to becoming law after new stablecoin yield provisions were published, according to Coinbase chief legal […]
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