Crypto custodian BitGo mulls IPO in 2025: Report
Several other major crypto firms are also considering hitting the public equity markets in 2025. Source link
Banks expand crypto ties to capture IPO deals under Trump: report
Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub. Big banks are looking to make more money more with crypto firms as initial public offering opportunities loom, Bloomberg reports, citing people familiar with the matter. According to a Feb. 10 report, Morgan Stanley is […]
Japan’s FSA weighs treating crypto as securities to pave way for ETFs: report
Japan’s financial watchdog has begun closed-door discussions on revising crypto regulations, including their potential classification as securities. Japan‘s Financial Services Agency is considering classifying cryptocurrencies as financial products similar to securities, Yahoo Japan reports, citing Japanese news outlets. The agency has begun closed-door discussions with experts to review existing regulations. The FSA reportedly plans to […]
UK landfill site containing $768M Bitcoin hard drive to close: Report
A Wales landfill site where a hard drive purportedly containing 8,000 Bitcoin is buried is set to shutter. Source link
Austin University to launch $5M Bitcoin fund with 5-year HODL strategy: Report
The university’s endowment fund will aim for a minimum five-year Bitcoin holding strategy, citing its long-term potential. Source link
Receipts Depositary explores XRP-backed securities: report
Receipts Depositary Corp. (RDC), a startup founded by former Citigroup executives, plans to launch XRP-backed securities, according to CoinDesk. The move will allow institutions to access XRP through U.S.-regulated market infrastructure. RDC has not responded to crypto.news’ request for comment. The news comes about a year after RDC announced the launch of the first-ever Bitcoin […]
Trump’s World Liberty Financial wants to build a ‘strategic’ token reserve: report
World Liberty Financial, President Trump’s DeFi platform, is planning to create a crypto strategic reserve by buying more tokens. According to a Bloomberg report, co-founder of World Liberty Financial, Chase Herro, said that the platform aims to build a “strategic reserve” using cryptocurrency that the project has bought. Although, he did not specify what sort […]
Analyst reiterates CleanSpark as ‘Top Pick’ after Q1 report
Mike Colonnese, senior crypto analyst at H.C. Wainwright & Co., reiterated CleanSpark as the firm’s top pick following the company’s first-quarter earnings report. Bitcoin mining company CleanSpark reported its first-quarter results on Thursday, posting an 82% quarter-over-quarter increase in revenue to $162.3 million. The company benefited from a 33% rise in Bitcoin (BTC) production and […]
Stablecoin issuer Tether to expand dealmaking beyond crypto: report
With billions in excess reserves, Tether now wants to accelerate its expansion into sectors beyond crypto, a report reveals. Tether (USDT), the $140 billion stablecoin issuer, is gearing up to expand its investments beyond the crypto space as the firm’s reserves grow, Bloomberg has learned, citing sources close to the firm. The firm’s financial muscle […]
Korean crypto exchange numbers fall 26% due to unclear regulations, bank access: report
A wave of closures has hit South Korean crypto exchanges, with smaller firms exiting the market as regulatory compliance and banking access remain hurdles. South Korea‘s crypto exchange market is getting smaller, as new government data shows the number of registered virtual asset service providers has dropped since last year. A Feb. 7 report from […]
