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Deals•Feb 21, 2026
SBI Holdings Launches ¥10B On‑chain Bond with XRP Rewards for Retail Investors
SBI Holdings announced the issuance of a ¥10 billion (≈$64.5 million) three‑year on‑chain bond, the SBI START Bonds, offering a fixed interest rate of 1.85‑2.45% and XRP rewards for eligible retail investors. The bonds will be settled on Boostry’s ibet for Fin platform and are slated to begin secondary trading on March 25 via the Osaka Digital Exchange.
CoinDesk
Deals•Feb 21, 2026
MARA Holdings Acquires 64% of EDF's Exaion for $168M, with NJJ Capital Taking 10% Stake
U.S. bitcoin miner MARA Holdings announced the acquisition of a 64% stake in Exaion, the high‑performance computing subsidiary of France’s state‑owned EDF, for $168 million. The French government required a French investor, leading NJJ Capital to take a 10% stake in...
CoinDesk
Deals•Feb 17, 2026
Dragonfly Raises $650M for New Crypto Fund Amid Bear Market
Crypto venture capital firm Dragonfly announced it has raised $650 million for its latest fund, despite a challenging bear market for digital assets. The capital will be used to back early‑stage crypto and Web3 startups, underscoring continued investor appetite for...
CoinDesk
Deals•Feb 10, 2026
Tether Investments Makes Strategic Corporate Investment in LayerZero Labs
Tether Investments, the investment arm of stablecoin issuer Tether, announced a strategic corporate investment in LayerZero Labs, the developer of the LayerZero interoperability protocol. The deal, disclosed on Feb 10 2026, aims to support LayerZero’s Omnichain infrastructure and the cross‑chain USDt0 stablecoin,...
CoinDesk
Deals•Feb 10, 2026
Jump Trading to Take Equity Stakes in Prediction‑market Platforms Kalshi and Polymarket
Jump Trading announced it will acquire small equity positions in Kalshi and Polymarket, providing liquidity in exchange for the stakes. The Kalshi stake will be a fixed amount, while the Polymarket stake will increase over time based on Jump’s trading...
CoinDesk
Deals•Feb 5, 2026
Tether Acquires $150M Minority Stake in Gold.com to Expand Tokenized Gold Distribution
Tether, the issuer of the USDT stablecoin, announced a $150 million investment for a 12% minority stake in Gold.com, a platform for physical and tokenized gold. The deal will integrate Tether’s gold‑backed token XAUT into Gold.com and enable purchases of physical...
CoinDesk
Deals•Feb 5, 2026
ETHZilla Acquires $4.7M Home Loan Portfolio for Tokenization
Ethereum‑focused treasury firm ETHZilla announced it is acquiring a $4.7 million portfolio of manufactured and modular home loans to tokenize on an Ethereum layer‑2 network. The loans will be turned into cash‑flow‑generating digital tokens and offered via Liquidity.io, expanding ETHZilla’s tokenization...
CoinDesk
Deals•Feb 4, 2026
TRM Labs Raises $70M Series C, Hits $1B Valuation
Blockchain analytics firm TRM Labs announced a $70 million Series C funding round, pushing its valuation to $1 billion. The round was led by Blockchain Capital with participation from Goldman Sachs, Citi Ventures, Bessemer, Thoma Bravo and Brevan Howard. The...
CoinDesk
Deals•Feb 4, 2026
Opinion Raises $20M in Pre-Series A Round
Blockchain‑based prediction‑market platform Opinion announced a $20 million pre‑Series A funding round, backed by Hack VC, Jump Crypto, Primitive Ventures, Decasonic and others. The capital will support Opinion’s global expansion ahead of the 2026 World Cup and upcoming elections.
CoinDesk
Deals•Feb 3, 2026
TeraWulf Jumps 11% After Buying Power‑rich Kentucky and Maryland Sites
TeraWulf announced the acquisition of two power‑rich industrial sites in Hawesville, Kentucky and Morgantown, Maryland, adding 1.5 GW of capacity and more than doubling its footprint to 2.8 GW. The sites will support AI compute workloads and help maintain grid reliability. The...
CoinDesk
Deals•Feb 2, 2026
Bed Bath & Beyond to Acquire Tokens.com, Launch Real Estate Tokenization Platform
Bed Bath & Beyond announced it will acquire Tokens.com to create a tokenization platform for real estate, leveraging tZERO’s regulated trading tools and Figure’s blockchain services. The platform, slated to debut by July 2026, will enable users to convert home...
CoinDesk
Deals•Feb 2, 2026
Jupiter Secures $35M Strategic Investment From ParaFi Capital
Solana‑based DEX Jupiter announced a $35 million strategic investment from ParaFi Capital to accelerate its on‑chain financial infrastructure and expand its prediction‑market offerings, including integrating Polymarket onto the platform. The investment will be settled in Jupiter’s JupUSD token with an extended...
CoinDesk
Deals•Jan 29, 2026
Securitize to Go Public via Merger with Cantor Equity Partners II
Tokenization firm Securitize filed a registration statement to merge with Cantor Equity Partners II, a Cantor Fitzgerald‑backed blank‑check company, aiming to list on Nasdaq under the ticker SECZ. The deal, pending shareholder and regulatory approval, marks Securitize’s move to become...
CoinDesk
Deals•Jan 27, 2026
Galaxy Digital Leads $7M Investment in Tenbin to Build Improved Tokenized Gold and FX Markets
Tenbin Labs secured $7 million in a seed round led by Galaxy Ventures, the venture‑capital arm of Galaxy Digital, with participation from Wintermute Ventures, GSR, Variant, Archetype and FalconX. The funding will be used to develop institutional‑grade tokenized gold and foreign‑exchange...
CoinDesk
Deals•Jan 22, 2026
Sharon AI Secures up to $500 Million On-Chain Loan From USD.AI
Australian AI infrastructure provider Sharon AI announced it has secured a non‑recourse credit facility of up to $500 million from blockchain‑based lender USD.AI, using tokenized GPU hardware as collateral. The loan will fund the rollout of compute systems across the...
CoinDesk
Deals•Jan 21, 2026
Farcaster Founders Step Back as Neynar Acquires Struggling Crypto Social App
Neynar has acquired Farcaster, the decentralized crypto social protocol, taking over its smart contracts, code repositories, mobile app and AI token launchpad. The deal follows Farcaster’s struggle to sustain growth despite a $150 million funding round. Co‑founders Dan Romero and Varun...
CoinDesk
Deals•Jan 20, 2026
Solayer Launches $35M Ecosystem Fund for Real‑time DeFi, AI and Tokenization Apps
Solayer announced a $35 million ecosystem fund to support early‑ and growth‑stage projects building on its infiniSVM blockchain. Funded by Solayer Labs and the Solayer Foundation, the capital will target DeFi, payments, AI‑driven systems and tokenized real‑world assets, leveraging the network’s...
CoinDesk
Deals•Jan 14, 2026
CleanSpark Signs Definitive Agreement to Acquire 447 Acres in Texas for AI‑focused Data Center
CleanSpark announced a definitive agreement to purchase up to 447 acres in Brazoria County, Texas, along with a long‑term transmission extension, to build a large‑scale AI and high‑performance computing data center. The project will initially support 300 MW of demand, with...
CoinDesk
Deals•Jan 8, 2026
BlackOpal Secures $200M Investment From Mars Capital Advisors for GemStone Tokenization Platform
On Jan 8, 2026, BlackOpal announced its GemStone platform will tokenize Brazilian credit‑card receivables, offering investors a 13% yield. The launch is backed by a $200 million three‑year investment from Mars Capital Advisors, with Draupnir Capital acting as lead adviser. The platform aims...
CoinDesk
Deals•Jan 7, 2026
Barclays Makes Strategic Investment in Stablecoin Settlement Startup Ubyx
Barclays announced a strategic investment in Ubyx, a US startup building clearing systems for tokenized money such as regulated stablecoins. The terms of the investment were not disclosed. The move underscores growing interest from traditional banks in blockchain‑based payment infrastructure.
CoinDesk
Deals•Jan 6, 2026
Maelstrom Makes Strategic Investment in Stablecoin Startup River
Stablecoin startup River announced it secured a strategic investment from Arthur Hayes' Maelstrom fund, though the amount was not disclosed. The investment comes as Maelstrom adopts an aggressive crypto‑focused stance heading into 2026. The deal highlights continued interest in privacy‑coin...
CoinDesk
Deals•Dec 23, 2025
Upexi Files for up to $1 Billion Shelf Registration to Fund Growth
Upexi, a Nasdaq‑listed crypto‑treasury firm focused on Solana, filed a shelf registration to raise up to $1 billion through equity and debt offerings. Proceeds may be used for working capital, R&D, acquisitions and debt repayment, giving the company flexibility to expand...
CoinDesk
Deals•Dec 22, 2025
Coinbase to Acquire The Clearing Company to Boost Prediction Markets
Coinbase announced it has agreed to acquire San Francisco‑based startup The Clearing Company, bringing in a team experienced in event‑based trading systems. The acquisition, valued at an undisclosed amount, aims to strengthen Coinbase’s newly launched prediction‑market platform as it expands...
CoinDesk
Deals•Dec 20, 2025
Hilbert Group Acquires Enigma Nordic for $32 Million to Boost Crypto Trading Edge
Hilbert Group, a Swedish investment firm focused on algorithmic crypto trading, announced the acquisition of high‑frequency trading platform Enigma Nordic for $32 million, including cash and performance‑based earn‑outs. The deal gives Hilbert access to Enigma’s proprietary market‑neutral strategies and is expected...
CoinDesk
Deals•Dec 18, 2025
Trump Media to Merge with Fusion Pioneer TAE Technologies in $6B All‑Stock Deal
Trump Media & Technology Group announced an all‑stock merger agreement with nuclear‑fusion firm TAE Technologies, valuing the combined entity at over $6 billion. The deal will pivot Trump Media from a pure social‑media platform into a clean‑energy and financial‑assets company, building...
CoinDesk
Deals•Dec 18, 2025
DAWN Secures $13M Series B to Expand Decentralized Broadband Network
DAWN, a Solana‑based decentralized broadband protocol, announced a $13 million Series B round led by Polychain Capital. The funding will fuel U.S. network expansion and international deployments, advancing its user‑owned internet infrastructure model.
CoinDesk
Deals•Dec 18, 2025
VivoPower to Acquire $300M of Ripple Labs Shares via Joint Venture
VivoPower announced a joint‑venture arrangement to purchase up to $300 million of Ripple Labs equity, giving investors indirect exposure to roughly $1 billion of XRP. The deal, facilitated by South Korea‑based asset manager Lean Ventures, involves VivoPower’s digital‑asset unit acquiring preferred shares...
CoinDesk
Deals•Dec 17, 2025
Metaplanet Seeks $150M Institutional Raise as NBIM Backs Bitcoin Strategy
Norway's sovereign wealth fund NBIM voted in favor of Metaplanet's proposals ahead of its Dec. 22 EGM, including a plan to raise $150 million from institutional investors via new preferred shares. The capital raise aims to fund further bitcoin acquisitions and support...
CoinDesk
Deals•Dec 17, 2025
HashKey Holdings Launches Hong Kong IPO, Shares Dip 5% on Debut
HashKey Holdings debuted on the Hong Kong Stock Exchange, with its shares falling about 5% after opening below the IPO price. The listing highlights investor caution despite the exchange's dominant position in Hong Kong's regulated crypto market.
CoinDesk
Deals•Dec 17, 2025
Securitize to Go Public via SPAC Merger with Cantor Fitzgerald Vehicle
Securitize announced it will go public through a SPAC merger with a vehicle managed by Cantor Fitzgerald, targeting a listing in early 2026. The deal, valued as undisclosed, marks a major milestone for the tokenized asset platform as it moves...
CoinDesk
Deals•Dec 17, 2025
EquiLend Makes Strategic Minority Investment in Digital Prime Technologies to Bridge $40T Tradfi Pool with Tokenized Markets
EquiLend announced a strategic minority investment in Digital Prime Technologies, a regulated crypto‑financing provider, to integrate its $40 trillion lendable‑asset platform with Digital Prime’s Tokenet network. The deal, disclosed on Dec 17, 2025, aims to enable tokenized assets and stablecoin collateral for institutional...
CoinDesk
Deals•Dec 17, 2025
HashKey Targets $215M Hong Kong IPO
HashKey announced plans to raise $215 million through an initial public offering in Hong Kong, signaling strong investor interest in the crypto sector. The filing was highlighted in the Crypto Long & Short newsletter on Dec 17 2025 as a key upcoming deal.
CoinDesk
Deals•Dec 16, 2025
RedotPay Secures $107M Series B to Accelerate Global Stablecoin Payments
Hong Kong fintech RedotPay announced a $107 million Series B round led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital and Circle Ventures, to expand its stablecoin‑powered payment services across more than 100 countries. The funding follows a...
CoinDesk
Deals•Dec 16, 2025
Frontera Labs Secures $3M Seed Funding Led by Maven 11 Capital
London‑based Frontera Labs announced a $3 million seed round to expand its Strata DeFi protocol, with Maven 11 Capital as lead investor and Lightspeed Faction as a major backer. The round also included Halo Capital, Heartcore Capital, Anchorage Digital Ventures, Nayt Technologies, Split Capital...
CoinDesk
Deals•Dec 16, 2025
Tether Invests $8M in Lightning‑powered Payments Platform Speed
Tether announced a strategic $8 million investment in Speed, a payments infrastructure firm that combines Bitcoin’s Lightning Network with USDT settlement. The funding aims to expand Speed’s real‑time payment services and broaden USDT usage beyond trading. The deal was disclosed on...
CoinDesk
Deals•Dec 15, 2025
Anchorage Digital Acquires Securitize’s RIA Platform to Boost Crypto Wealth Management
Anchorage Digital announced the acquisition of Securitize’s For Advisors unit, bringing the crypto‑focused RIA platform in‑house. The deal, disclosed in a press release on Monday, expands Anchorage’s wealth‑management capabilities while Securitize refocuses on tokenization. Financial terms were not disclosed.
CoinDesk
Deals•Dec 15, 2025
Doha Bank Issues $150M Digital Bond via Euroclear’s DLT Platform
Doha Bank completed a $150 million digital bond that settled instantly on Euroclear’s permissioned DLT platform, marking a first for the Qatari lender. Standard Chartered acted as the sole global coordinator and arranger, handling structuring, execution, and distribution of the bond...
CoinDesk
Deals•Dec 14, 2025
YO Labs Secures $10M Series A to Expand Cross-Chain Crypto Yield Protocol
YO Labs announced a $10 million Series A round led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures and Launchpad Capital. The funding will be used to scale its cross‑chain YO Protocol, enhancing infrastructure and expanding to additional blockchains.
CoinDesk
Deals•Dec 14, 2025
Strategy Raises $82.2M via ATM Sale of STRD Junior Preferred Stock
Strategy (MSTR) disclosed that it raised $82.2 million by selling about 1 million shares of its junior preferred series STRD through an at‑the‑market program for the week ending Dec 14, 2025. The issuance marked the largest single‑week proceeds for any of its preferred offerings,...
CoinDesk
Deals•Dec 12, 2025
BitMine Immersion Technologies Launches $250 Million Private Placement
BitMine Immersion Technologies announced a $250 million private placement to fund its new ether‑focused treasury strategy, coinciding with Tom Lee’s appointment as chairman. The raise aims to support staking, ether holdings, and broader crypto‑treasury initiatives.
CoinDesk
Deals•Dec 11, 2025
Blockstream Capital Partners to Acquire Corbiere Capital Management
Blockstream Capital Partners announced it will acquire Jersey‑based hedge fund Corbiere Capital Management, adding equity and event‑driven strategies to its bitcoin‑linked product suite. The deal, disclosed in a press release on Dec 11, 2025, does not disclose a purchase price.
CoinDesk
Deals•Dec 11, 2025
Nexo to Acquire Argentina’s Buenbit, Expanding Crypto Services Across Latin America
Crypto lender Nexo announced it has agreed to acquire Argentine crypto platform Buenbit for an undisclosed sum, aiming to broaden its crypto‑backed loan and savings offerings in the region. The acquisition will give Nexo access to Buenbit’s user base in...
CoinDesk
Deals•Dec 11, 2025
JPMorgan Arranges Galaxy’s Tokenized Debt Issuance on Solana
JPMorgan acted as arranger for Galaxy’s on‑chain commercial paper issuance on the Solana blockchain, settling the debt in USDC. Coinbase and Franklin Templeton invested in the tokenized debt, marking a landmark tokenization of real‑world assets.
CoinDesk
Deals•Dec 11, 2025
LI.FI Secures $29M Series A Extension to Boost Cross-Chain Liquidity
Berlin‑based cross‑chain liquidity protocol LI.FI announced a $29 million Series A extension, bringing its total funding to $51.7 million. The round was led by Multicoin Capital and CoinFund, and the capital will fund product expansion, hiring, and AI‑focused infrastructure. The announcement was made...
CoinDesk
Deals•Dec 10, 2025
State Street and Galaxy to Launch Tokenized Liquidity Fund with $200M Seed From Ondo Finance
State Street and Galaxy Asset Management announced the upcoming launch of the State Street Galaxy Onchain Liquidity Sweep Fund on Solana in early 2026. Ondo Finance pledged about $200 million to seed the product, enabling institutional investors to subscribe and redeem...
CoinDesk
Deals•Dec 10, 2025
SpaceX Announces Plans for a $30B+ IPO Targeting $1.5T Valuation
SpaceX is moving ahead with plans for an initial public offering that could raise over $30 billion and target a $1.5 trillion valuation, with a potential listing in mid‑to‑late 2026. The announcement highlights the company’s sizable Bitcoin holdings and its growing crypto...
CoinDesk
Deals•Dec 10, 2025
TenX Protocols Launches IPO on TSX Venture Exchange After Raising C$33M
TenX Protocols, a blockchain infrastructure firm, announced it will start trading on the TSX Venture Exchange on Dec 10, 2025 after completing subscription‑receipt financings of C$29.9 million and raising over C$33 million this year. The proceeds will be used to buy and stake tokens...
CoinDesk
Deals•Dec 10, 2025
Stripe Acqui-Hires Crypto Payments Startup Valora to Boost Stablecoin Capabilities
Stripe announced on Dec 10, 2025 that it is acquiring the team behind Valora, a Celo‑based crypto payments app, in an acqui‑hire deal. The move deepens Stripe’s push into blockchain and stablecoin payments, with Valora’s IP returning to cLabs. Deal terms were...
CoinDesk
Deals•Dec 9, 2025
Bitcoin‑Focused Firm Twenty One to List on NYSE on Dec 9, 2025
Twenty One, a firm that provides public equity exposure to Bitcoin, announced it will go public on the New York Stock Exchange on December 9, 2025 under the ticker ‘XXI’. The listing will give investors direct access to the company’s capital‑efficient...
CoinDesk
Deals•Dec 9, 2025
Twenty One Completes SPAC Merger with Cantor Equity Partners, Debuts on NYSE
Bitcoin treasury firm Twenty One (XXI) went public on the NYSE after completing a SPAC merger with Cantor Equity Partners, trading around $10.50 per share. The deal, which created one of the largest corporate bitcoin treasuries, was finalized just before...
CoinDesk
Deals•Dec 9, 2025
HashKey Targets HK$1.67 Billion ($215M) Hong Kong IPO to Fuel Growth
Crypto exchange HashKey announced it is seeking to raise up to HK$1.67 billion (about $215 million) through a Hong Kong IPO, aiming to secure over five years of liquidity. The filing, released on Dec 9, 2025, highlights the firm’s rapid user growth and plans to...
CoinDesk
Deals•Dec 4, 2025
Solmate Announces All-Stock Acquisition of RockawayX to Build $2B Solana Institution
Solmate disclosed an all‑stock acquisition of RockawayX, aiming to combine infrastructure, liquidity and asset‑management capabilities into a unified platform. The merger is intended to create a $2 billion institutional‑grade Solana ecosystem. The deal was announced on Dec. 4, 2025.
CoinDesk
Deals•Dec 3, 2025
ETHZilla Acquires 20% Stake in AI Lending Platform Karus for $10M
ETHZilla announced the purchase of a 20% equity stake in AI‑driven lending platform Karus for $10 million. The deal aims to combine ETHZilla’s tokenization expertise with Karus’s AI loan‑origination technology to launch tokenized auto‑loan portfolios by early 2026.
CoinDesk
Deals•Dec 3, 2025
Stable and Theo Anchor $100M+ in ULTRA Tokenized Treasury Fund
Stable and Theo have each committed over $100 million to ULTRA, a Libeara‑backed tokenized U.S. Treasury fund managed by FundBridge Capital and Wellington Management. The anchor investment marks a new large‑scale capital infusion into the crypto‑focused treasury vehicle.
CoinDesk
Deals•Dec 3, 2025
Parataxis to Acquire Control of South Korea’s Sinsiway for $27M, Launching First ETH Treasury
Parataxis announced it will purchase a controlling stake in South Korean crypto firm Sinsiway for $27 million, creating the country’s first ether‑focused treasury platform backed by U.S. capital. The deal will rebrand Sinsiway as Parataxis ETH, Inc., positioning it as a...
CoinDesk
Deals•Dec 3, 2025
Jane Street Leads $105M Series A for Antithesis, Ethereum Testing Platform
Antithesis, a deterministic simulation testing tool for the Ethereum network, announced a $105 million Series A round led by Jane Street. The funding will accelerate product development and expand its testing capabilities for crypto and other always‑on systems.
CoinDesk
Deals•Dec 3, 2025
Kalshi Secures $1 Billion Funding Round Led by Paradigm
Kalshi announced a fresh $1 billion financing round, with Paradigm as the lead investor. The capital boost propels the prediction‑market platform’s growth and places co‑founders Luana Lopes Lara and Tarek Mansour on the billionaire list.
CoinDesk
Deals•Dec 3, 2025
IREN Secures $3.6B Capital Raise to Fuel AI Compute Expansion
Bitcoin miner‑turned‑AI compute provider IREN announced a $3.6 billion capital raise, aiming to bolster its AI infrastructure and balance‑sheet. The fundraising marks a major influx of capital as the company faces a steep stock decline, prompting investor scrutiny.
CoinDesk
Deals•Dec 2, 2025
Kraken to Acquire Tokenization Specialist Backed Finance
Kraken announced it has agreed to acquire Swiss tokenization firm Backed Finance, aiming to add tokenized stocks and ETFs to its platform. The terms were not disclosed, and the move aligns with Kraken's broader push into real‑world assets as it...
CoinDesk
Deals•Dec 2, 2025
Iren Announces Up to $2.3B Convertible Note Offering to Refinance Debt
Bitcoin miner Iren disclosed plans to raise up to $2.3 billion through a private placement of convertible senior notes and an equity sale to fund the repurchase of existing debt. The offering includes $1 billion of notes due 2032, $1 billion due 2033,...
CoinDesk
News•Dec 1, 2025
Asia Morning Briefing: Bitcoin Slides on Japan Bond Spike and BOJ Hike Bets
Bitcoin slipped below $87,500 in Asian trading as Japan’s two‑year bond yield surged to 1.01 %, the highest since 2008. The yield spike, driven by speculation that the Bank of Japan may raise rates, strengthened the yen and triggered risk‑off selling....
By CoinDesk
News•Dec 1, 2025
Bitcoin, Ether, XRP Slide as December Begins With 'Yearn Incident'
Major cryptocurrencies opened December lower as a DeFi incident at Yearn Finance rattled markets. Bitcoin slipped over 3% to around $87,000, while Ether dropped 5% and other tokens such as SOL, DOGE, and XRP fell more than 4%. The trigger...
By CoinDesk
Deals•Dec 1, 2025
Kalshi Secures $1 Billion Growth‑stage Funding Round
Kalshi announced it closed a $1 billion funding round last month, valuing the prediction‑market exchange at $11 billion. The capital boost aims to expand its tokenized event contracts on Solana and attract crypto liquidity.
CoinDesk
Deals•Dec 1, 2025
Gleec Acquires Komodo’s Cross‑Chain DeFi Stack for $23.5 Million
Gleec announced the acquisition of the entire Komodo Platform ecosystem, including its atomic‑swap technology, token infrastructure and development team, for $23.5 million. The deal brings Komodo’s cross‑chain DeFi stack under Gleec’s regulated financial services umbrella, enhancing its B2B offerings. Integration is...
CoinDesk
Deals•Dec 1, 2025
HashKey Files for IPO Amid Deepening Losses
Hong Kong's leading licensed crypto exchange HashKey has filed for an initial public offering, revealing over $151 million in net losses for 2024 despite dominant market share. The filing, released on Monday, highlights the company's low‑fee strategy and modest revenue from...
CoinDesk
News•Nov 30, 2025
What mNAV Really Tells You About Bitcoin Treasury Companies — and Where It Falls Short
Bitcoin‑holding public companies increasingly rely on the multiple of net asset value (mNAV) to signal how the market values their BTC reserves. The metric divides enterprise value by the current market value of the bitcoin stack, producing a premium or...
By CoinDesk
News•Nov 30, 2025
Priced at Zero: How Brazil’s Méliuz Turned to Bitcoin to Escape a Treasury Trap
Méliuz, a Brazilian fintech, discovered its market value was zero despite profitability because cash was tied up in negative‑return government bonds. To preserve capital and generate yield, the company adopted a Bitcoin treasury strategy, securing 66 % shareholder approval. It purchases...
By CoinDesk
News•Nov 30, 2025
Is the Bitcoin Digital Asset Treasury Model Broken? Architect Partners Says No
Architect Partners argues that the Bitcoin digital asset treasury (DAT) model is not broken, but still largely untested. While a sharp market decline has pressured high‑profile DATs like MicroStrategy, the firm predicts that roughly half of current pure‑play, producing and...
By CoinDesk
News•Nov 29, 2025
Meet the Billion-Dollar Crypto Founder Who Started Trading at 9 Years Old
Denis Dariotis, now 22, founded crypto‑focused trading software firm GoQuant after beginning stock trading in third grade. By age 15 he licensed his quant tools to a major Canadian bank and attracted hedge‑fund interest. GoQuant has raised $7 million in seed...
By CoinDesk
News•Nov 29, 2025
Strategy CEO: Equity and Debt Flexibility Power Long-Term Bitcoin Accumulation Plan
Strategy’s CEO Phong Le highlighted the firm’s enhanced capital flexibility, combining long‑dated convertible debt and opportunistic equity programs to fund its bitcoin accumulation. The company’s first debt maturity is not due until December 2025, eliminating near‑term refinancing risk. With over 158,000...
By CoinDesk
News•Nov 29, 2025
Stablecoins Drive 90% of Brazil’s Crypto Volume, Tax Authority Data Shows
Brazil’s crypto market is moving $6‑8 billion monthly, with stablecoins such as USDT and USDC accounting for up to 90% of reported transactions. The Receita Federal disclosed these figures at the Blockchain Conference Brasil and projected the volume could reach $9 billion...
By CoinDesk
News•Nov 29, 2025
Crypto Payments Firm Truther to Launch Non-Custodial USDT Visa Card in El Salvador
Truther, a crypto payments platform, is introducing a non‑custodial USDT Visa card in El Salvador. The card lets users spend stablecoin directly without pre‑loading fiat or using custodial wallets. A 2% fee applies to currency conversions, while Brazilian cardholders avoid...
By CoinDesk
News•Nov 29, 2025
State of Crypto: Kalshi and Prediction Markets Face a Setback
A Nevada federal judge ruled that Kalshi's sports‑outcome contracts are not swaps, removing them from the Commodity Futures Trading Commission's exclusive jurisdiction. The decision allows Nevada's gaming regulators to oversee the platform’s sports prediction markets, overturning a preliminary injunction the...
By CoinDesk
News•Nov 29, 2025
‘Privacy Is the Immune System of Freedom’: Crypto Advocacy Sparks Uproar in São Paulo
A senior executive at a Brazil‑based cryptocurrency firm warned that expanding regulation and state surveillance threaten individual liberty, framing privacy as the "immune system of freedom." The remarks ignited a heated debate in São Paulo, where lawmakers are considering stricter...
By CoinDesk
News•Nov 29, 2025
Why Gold Is Winning Over Bitcoin in 2025: Liquidity, Trade, and Trust
Gold has outperformed Bitcoin since the launch of spot Bitcoin ETFs, rising 58% while Bitcoin fell about 12% over the same period. Central banks, sovereign wealth funds, and major asset allocators continue to favor gold for reserve holdings and trade,...
By CoinDesk
News•Nov 29, 2025
Bitcoin Pricing in 'Most Bearish Global Growth Outlook' Since Covid and FTX Crash: Bitwise Research
Bitwise research flags Bitcoin’s current pricing as the most bearish global growth outlook since the COVID‑19 pandemic and the FTX collapse. The cryptocurrency is trading at historically low sentiment levels, with prices sliding amid fears of an imminent recession. Despite...
By CoinDesk
News•Nov 29, 2025
Has XRP Finally Bottomed? Key Support Holds as Wave-5 Breakout Trigger Nears
XRP is poised at a technical crossroads, with $2.22 acting as the key resistance that could confirm a bullish Wave‑5 breakout, while $2.17 serves as immediate support. A close above $2.22 would validate the upward trend, whereas failure to hold...
By CoinDesk
News•Nov 29, 2025
Bitcoin's 'Coinbase Premium' Flips Positive After Weeks in the Red
The Coinbase premium, which measures the price spread between Coinbase and the broader crypto market, has shifted back into positive territory after several weeks of decline. This reversal signals that U.S. investors are once again willing to pay a higher...
By CoinDesk
News•Nov 28, 2025
Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs
Stablecoin issuer Tether has halted its planned cryptocurrency mining operations in Uruguay, scrapping a potential $500 million investment. The company cited soaring energy tariffs and cumbersome regulatory requirements as making the venture financially untenable. Tether’s exit underscores the sensitivity of crypto‑mining...
By CoinDesk
News•Nov 28, 2025
Brazil’s Economic Center São Paulo to Pilot Blockchain-Based Microloans for Farmers
São Paulo’s Economic Center has launched a pilot that uses a private blockchain platform to issue microloans to Brazilian farmers. The system, built with Tanssi’s technology, offers predictable transaction fees and high reliability, avoiding public‑chain congestion. By digitizing contracts and...
By CoinDesk
News•Nov 28, 2025
European Asset Manager Amundi Debuts Tokenized Share Class on Ethereum
Amundi, Europe’s largest asset manager, has introduced a tokenized share class for its euro cash fund on the Ethereum blockchain. The digital share class allows investors to buy and sell fund units 24/7, bypassing traditional market hours. Settlement is expected...
By CoinDesk
News•Nov 28, 2025
HBAR Rises 2.5% as Crypto Market Experiences Post-Thanksgiving Boost
Hedera Hashgraph’s native token HBAR climbed 2.5% following a post‑Thanksgiving rally that lifted much of the crypto market. The price gain was driven by heightened institutional inflows and a shift in derivatives positioning toward bullish exposure. Traders observed a consistent...
By CoinDesk
News•Nov 28, 2025
UK Government to Start Cracking Down on Crypto Tax Avoidance in January
The United Kingdom will tighten crypto tax enforcement starting in January, mandating that all cryptocurrency exchanges supply HM Revenue & Customs with comprehensive customer asset data. The new guidance expands reporting obligations to include spot trades, derivatives, and custodial holdings,...
By CoinDesk
News•Nov 28, 2025
Bitcoin in Modest Rally Mode After Thanksgiving as December Fed Rate Gets Locked In
Crypto-related stocks are higher across the board, led by the bitcoin miners.
By CoinDesk
News•Nov 28, 2025
Bitcoin Dominance Defies Pattern During 30% Decline, Dropping Instead of Climbing
A fast 36% reset for bitcoin marked by unusual dominance behavior and a market wide deleveraging.
By CoinDesk
News•Nov 28, 2025
BlackRock’s Own Income Fund Boosts Bitcoin ETF Holdings 14%
BlackRock’s Strategic Income Opportunities Portfolio increased its exposure to the iShares Bitcoin Trust by 14%, marking the firm’s most aggressive allocation to a cryptocurrency‑linked ETF to date. The move adds several hundred million dollars of Bitcoin‑related assets to the fund,...
By CoinDesk
News•Nov 28, 2025
Crypto Exchange KuCoin's European Arm Wins MiCA License in Austria
KuCoin's European subsidiary secured a Markets in Crypto‑Assets (MiCA) licence in Austria, granting it the right to offer regulated services throughout the European Economic Area. The passporting mechanism under MiCA allows the exchange to operate across all 27 EEA member...
By CoinDesk
News•Nov 28, 2025
Upbit Reveals 5.9B-Won Corporate Loss in Latest Hack, Fully Reimburses Users
Upbit said it reimbursed all 38.6 billion won in member assets from its reserves.
By CoinDesk
News•Nov 28, 2025
Bitcoin and S&P 500 Year-End Bull Run Loading? Vol Metrics Say Yes
Implied volatility indices for both Bitcoin and the S&P 500 have erased the sharp spikes seen in recent weeks, signaling a shift toward calmer market conditions. The Bitcoin volatility index (BVOL) fell back to levels seen before the recent turbulence,...
By CoinDesk
News•Nov 28, 2025
Solana Traders Hit by Months-Long Browser Malware That Skimmed Every Swap
A malicious browser extension silently infected Solana traders for months, appending hidden instructions to every token swap. The extension leveraged the atomic nature of bundled transactions, causing users to unknowingly approve both the intended swap and a skimming operation. Security...
By CoinDesk
News•Nov 28, 2025
DOGE Underperforms Majors as Support Failure Confirms Bearish Shift
The $0.150 level is now a critical support point, with further declines likely if it is breached.
By CoinDesk
News•Nov 28, 2025
XRP Faces Downside Risk as Historical Patterns Point to $1.50
XRP is facing heightened downside risk, needing to retest the $2.20 level and break above the $2.23‑$2.24 resistance zone to regain upward momentum. Technical indicators such as moving averages and a sub‑30 RSI remain bearish, hinting at further price weakness....
By CoinDesk
News•Nov 28, 2025
MegaETH’s $500M Pre-Deposit Turns Into a Full Rewind After Missteps Pile Up
MegaETH announced a $500 million pre‑deposit for its upcoming token launch, but the rollout immediately faltered. A critical smart‑contract bug—an incorrect SaleUUID—caused all transactions to fail, forcing the team to execute a 4‑of‑6 multisig update. The error triggered a full rewind...
By CoinDesk
News•Nov 28, 2025
Asia Morning Briefing: Bitcoin Steadies Near $90,000 Even as ETF Outflows Cap Upside
Bitcoin steadied near the $90,000 mark as short sellers covered positions and opportunistic dip buyers entered the market, according to Flowdesk and QCP. Despite this support, recent outflows from Bitcoin exchange‑traded funds (ETFs) have limited further upside. Prediction markets are...
By CoinDesk
News•Nov 27, 2025
Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds
Balancer DAO is formulating an $8 million recovery plan after a $110 million exploit slashed its total value locked by roughly two‑thirds. The breach affected multiple assets across several blockchains, prompting an emergency governance discussion. Recovered tokens will be distributed in the...
By CoinDesk
News•Nov 27, 2025
Toncoin Lags Broader Crypto Rebound as Derivatives Data Shows Cautious Optimism
Altcoin funding rates, including Toncoin (TON), have shifted into positive territory, indicating a resurgence of trader confidence in the derivative market. Despite this optimism, overall crypto market participation remains subdued, with spot trading volumes lagging behind. The positive funding signals...
By CoinDesk
News•Nov 27, 2025
Avalanche ETF Race Heats Up as Bitwise Becomes First to Add Staking
Bitwise filed an updated prospectus with the SEC to launch an Avalanche‑focused exchange‑traded fund, moving the product closer to market. The filing marks the first time a crypto ETF will incorporate on‑chain staking rewards as part of its holdings. Avalanche’s...
By CoinDesk
News•Nov 27, 2025
Crypto for Advisors: Crypto’s Role in Portfolios
Financial advisors are increasingly evaluating crypto assets as a strategic component of diversified portfolios. The discussion emphasizes managing crypto volatility through disciplined risk frameworks and explicit investment mandates. Active management is presented as a way to capture alpha in a...
By CoinDesk
News•Nov 27, 2025
UK Proposes ‘No Gain, No Loss’ Tax Rule for DeFi in 'Major Win' For Users
HMRC has issued a consultation proposing a “No Gain, No Loss” tax rule tailored for decentralized finance (DeFi) transactions. The measure would treat token swaps that result in zero net profit or loss as non‑taxable events, eliminating artificial disposals that...
By CoinDesk
News•Nov 27, 2025
Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act
Justin Sun, founder of Tron and adviser to TrueUSD issuer Techteryx, intensified accusations against Hong Kong fiduciary First Digital Trust (FDT) for allegedly diverting nearly half a billion dollars of TUSD reserves into illiquid offshore vehicles. Sun claims FDT fabricated...
By CoinDesk
News•Nov 27, 2025
Bitcoin Whales Return to Buying for the First Time Since August as Price Recovers Above $90K
Bitcoin’s largest holders, often called whales, have resumed net buying for the first time since August, coinciding with the cryptocurrency climbing back above the $90,000 threshold. The recent week saw roughly $200 million of Bitcoin purchased by these entities, reversing a...
By CoinDesk
News•Nov 27, 2025
BNB Holds Below $900 Level as Onchain Activity Slumps, Network Updrages Loom
Binance Coin (BNB) has been trading below the $900 resistance level, reflecting a cautious market stance. On‑chain activity on the BNB Chain has slipped, with transaction volume down roughly 15% month‑over‑month. The price stability masks underlying weakness in DeFi usage...
By CoinDesk
News•Nov 27, 2025
Australia’s New Digital Assets Bill Seeks to Prevent Past Crypto Failures
The Australian government has introduced a Digital Assets Bill aimed at modernising the nation’s financial framework while protecting consumers from crypto‑related losses. The legislation classifies crypto tokens as regulated financial products and mandates licensing for exchanges, custodians and other service...
By CoinDesk
News•Nov 27, 2025
Crypto Markets Today: Bitcoin Leads Broad Recovery as Traders Eye Possible Santa Rally
Bitcoin and Ether rallied sharply on Wednesday, riding a broader tech‑stock rebound that lifted risk assets across the board. The cryptocurrency surge was accompanied by a notable shift in derivatives markets, with futures contracts showing a net increase in long...
By CoinDesk
News•Nov 27, 2025
Ark Invest Buys $16.5M of Coinbase Stock, Largest Purchase Since Aug. 1
Ark Invest disclosed a $16.5 million purchase of Coinbase (COIN) shares, the firm’s largest stake addition since August 1. The buying pressure helped lift Coinbase’s stock 4.27% to close at $264.97. The move coincided with a broader crypto rally, as Bitcoin climbed...
By CoinDesk
News•Nov 27, 2025
Ripple’s RLUSD Stablecoin Wins Key Regulatory Green Light in UAE
Ripple’s dollar‑pegged stablecoin RLUSD has received official designation from the Abu Dhabi Global Market, allowing it to be used by ADGM‑licensed firms for regulated activities. The approval places RLUSD among a select group of tokens permitted within the emirate’s ring‑fenced...
By CoinDesk
News•Nov 27, 2025
Philippine Digital Asset Exchange Eyes $60B Tokenization Opportunity With Project Bayani
The Philippines’ leading digital asset exchange has launched Project Bayani, a tokenisation platform aimed at unlocking a $60 billion market by 2030. The initiative will convert real‑estate, SME equity, and infrastructure assets into blockchain‑based tokens, offering fractional ownership to a broader...
By CoinDesk
News•Nov 27, 2025
Bitcoin Rebounds Past $91K as XRP ETFs Continue to Grab Attention
Bitcoin surged past $91,000 as investor enthusiasm for cryptocurrency exchange‑traded funds intensified. XRP‑focused ETFs recorded a record $628 million in assets, absorbing roughly 80 million tokens within a single day. This inflow dwarfs the initial demand seen during Solana’s ETF launch earlier...
By CoinDesk
News•Nov 27, 2025
DOGE Builds Bullish Structure With Higher Lows as ETFs Fail to Wow
Dogecoin (DOGE) has established a bullish price structure, forming higher lows and breaking above a critical resistance level. The breakout was confirmed by a sharp increase in trading volume, suggesting strong buying pressure. Meanwhile, recent cryptocurrency ETFs failed to generate...
By CoinDesk
News•Nov 27, 2025
Korea's Upbit Suspends Deposit And Withdrawal Service After Abnormal Activity in Solana Tokens
Upbit, South Korea’s top crypto exchange, halted all Solana (SOL) deposits and withdrawals after its monitoring systems detected irregular on‑chain activity. The anomaly, flagged on the Solana blockchain, prompted an immediate lock on affected wallets while investigators determine if it...
By CoinDesk
News•Nov 27, 2025
Bitcoin's Ascent May Hit a Wall Around Mid-$90K: Trading Firm
Bitcoin surged past the $90,000 threshold, driven by growing expectations of a Federal Reserve rate cut in December. A leading trading firm warned that the rally could encounter resistance around the mid‑$90,000 range. The price move reflects heightened risk‑on sentiment...
By CoinDesk
News•Nov 27, 2025
Asia Morning Briefing: Bitcoin's Fragile Rally Is Built on Shrinking Liquidity
Bitcoin’s recent price rally is increasingly precarious, as on‑chain data shows liquidity drying up. Large‑holder deposits to exchanges have surged, indicating that whales are positioning for potential exits. Simultaneously, realized losses across the market are climbing, suggesting that recent gains...
By CoinDesk
Deals•Nov 26, 2025
KR1 Announces London Stock Exchange IPO to Boost Blue-Chip Staking Profile
KR1, the Isle of Man‑based digital‑asset staking platform, has announced its debut on the London Stock Exchange, marking its first public offering. The move aims to position KR1 as a blue‑chip player in the crypto‑staking space and broaden its investor...
CoinDesk
Deals•Nov 25, 2025
Paxos Acquires Fordefi to Boost Institutional Custody Services
Paxos announced the acquisition of crypto wallet startup Fordefi, aiming to expand its custody and on‑chain asset issuance capabilities for institutional clients. The deal underscores Paxos' strategy to meet rising demand for stablecoin payments and broader crypto services.
CoinDesk
Deals•Nov 25, 2025
Bridgepoint to Acquire Majority Stake in Crypto Audit Specialist ht.digital for $262M
Private equity firm Bridgepoint announced it will purchase a majority stake in crypto audit specialist ht.digital, valuing the transaction at roughly £200 million ($262 million). The financial terms were not disclosed by Bridgepoint, though Sky News cited the figure. The deal underscores...
CoinDesk
Deals•Nov 24, 2025
Exodus Acquires W3C Corp, Owner of Baanx and Monavate for $175M
Exodus, the U.S.-listed crypto wallet provider, announced the acquisition of W3C Corp, the parent of crypto card and payments firms Baanx and Monavate, in a deal valued at $175 million. The transaction expands Exodus' product suite into crypto payments and...
CoinDesk
Deals•Nov 24, 2025
Revolut Secures $75B Valuation in Secondary Share Sale Led by Coatue, NVentures and Others
Revolut announced a secondary share sale that lifted its valuation to $75 billion, with the round led by Coatue, Greenoaks, Dragoneer, Fidelity and NVIDIA’s venture arm NVentures. The fintech also counted Andreessen Horowitz, Franklin Templeton and other investors, though the exact...
CoinDesk
Deals•Nov 24, 2025
Rumble Announces Acquisition of Northern Data to Expand AI Cloud Infrastructure
Rumble Inc. disclosed that it will acquire data‑center and AI‑infrastructure firm Northern Data, adding 22,000 Nvidia chips to its cloud division. The deal, announced alongside a 13% stock surge after Tether increased its stake, aims to strengthen Rumble's cloud‑computing capabilities....
CoinDesk
Deals•Nov 24, 2025
Enlivex Therapeutics Raises $212M in Private Placement to Acquire RAIN Token
Enlivex Therapeutics announced a $212 million private‑placement raise to purchase RAIN, the token of a blockchain‑based prediction‑market protocol, positioning it as the firm’s primary treasury reserve. The equity deal, priced at $1 per share, is set to close on Nov 25, adding...
CoinDesk
Deals•Nov 22, 2025
Aerodrome Finance Merges with Velodrome to Launch the Aero Ecosystem
Aerodrome Finance announced a merger with Velodrome, consolidating liquidity across Base and Optimism under the new Aero ecosystem. The deal was disclosed in a November 22, 2025 article, with no financial terms revealed. Both platforms aim to combine resources while...
CoinDesk
Deals•Nov 21, 2025
Coinbase to Acquire Solana-Based DEX Vector
Coinbase announced it will acquire Vector, a Solana-native on‑chain trading platform, integrating its team into Coinbase’s consumer trading division. The terms were undisclosed, and the transaction is expected to close before year‑end, marking Coinbase’s ninth acquisition in 2025.
CoinDesk
Deals•Nov 20, 2025
Kalshi Secures $1B Funding Round Valuing Platform at $11B
Kalshi, the CFTC‑regulated prediction‑market exchange, announced the close of a $1 billion funding round that lifts its valuation to $11 billion. The round was led by returning backers Sequoia Capital and Capital G, with participation from Andreessen Horowitz, Paradigm, Anthos Capital and Neo.
CoinDesk
Deals•Nov 20, 2025
Metaplanet Raises $150M via New Bitcoin-Backed Perpetual Preferred Equity Offering
Metaplanet announced a $150 million capital raise by issuing MERCURY, a Class B perpetual preferred equity linked to Bitcoin, alongside its senior MARS preferred shares. The offering targets institutional investors and aims to strengthen the company’s bitcoin‑centric balance sheet.
CoinDesk
Deals•Nov 20, 2025
Tether Invests in Latin American Crypto Infrastructure Firm Parfin to Accelerate Institutional USDT Adoption
Tether announced a strategic investment in Parfin, a Latin American crypto infrastructure provider, to expand institutional adoption of its USDT stablecoin across the region. The partnership aims to enhance tools for banks and other institutions, though financial terms were not...
CoinDesk
Deals•Nov 19, 2025
Spark Invests $1 B in PayPal’s PYUSD to Boost Institutional Liquidity
DeFi protocol Spark announced a $1 billion corporate investment into PayPal’s stablecoin PYUSD, aiming to enhance liquidity for institutional users. The move signals Spark’s shift away from a consumer app to focus on core DeFi infrastructure and large‑scale liquidity deals.
CoinDesk
Deals•Nov 19, 2025
Apex Group to Acquire Globacap’s U.S. Broker-Dealer to Accelerate Tokenization
Apex Group announced plans to purchase Globacap’s U.S. broker‑dealer and alternative trading system, a move aimed at expanding its tokenization capabilities in the United States. The deal, reported on November 19, 2025, underscores Apex’s strategy to deepen its presence in...
CoinDesk
Deals•Nov 18, 2025
Société Générale’s SG‑FORGE Issues First U.S. Tokenized Bond, Purchased by DRW
Société Générale’s crypto arm SG‑FORGE completed its first U.S. digital bond issuance, a short‑term tokenized bond tied to SOFR, which was purchased by trading firm DRW. The bond was tokenized using Broadridge’s technology on the Canton Network, marking a pioneering...
CoinDesk
Deals•Nov 18, 2025
Obex Secures $37M Funding to Launch RWA-Backed Stablecoin Incubator
Obex, a new crypto incubator focused on real‑world‑asset‑backed stablecoins, announced a $37 million fundraising round led by Framework Ventures, LayerZero and the Sky ecosystem. The capital will fund a 12‑week program supporting early‑stage teams building yield‑generating stablecoins backed by compute, energy...
CoinDesk
Deals•Nov 18, 2025
Kraken Secures $800M Funding Round Backed by $200M From Citadel Securities
Kraken announced an $800 million fundraising round, including a $200 million investment from market‑maker Citadel Securities, valuing the crypto exchange at $20 billion. The capital will fund global expansion and new crypto‑linked financial products, with participation from Jane Street, DRW Venture Capital, Tribe Capital...
CoinDesk
Deals•Nov 13, 2025
Self Secures $9M Seed Round Backed by Greenfield Capital, SoftBank and Others
Zero‑knowledge identity platform Self announced a $9 million seed round to expand its protocol and launch a points‑based rewards program. The round was led by Greenfield Capital and SoftBank’s Startup Capital Ventures × SBI Fund, with participation from Spearhead VC, Verda Ventures, Fireweed...
CoinDesk
Deals•Nov 13, 2025
AERO Announces Merger with Velodrome Amid Crypto Market Turmoil
Crypto token AERO disclosed plans to merge with Velodrome, triggering an 18% price drop as the market reacts. The announcement comes as Bitcoin steadies near $103K and overall sentiment remains fearful. Deal terms and valuation were not disclosed.
CoinDesk
Deals•Nov 13, 2025
Grayscale Files S‑1 to Launch U.S. IPO
Grayscale Investments has filed an S‑1 registration statement with the SEC, announcing its intention to go public in the United States. The filing marks the crypto asset manager’s first step toward an IPO, though share count and pricing remain undetermined.
CoinDesk
Deals•Nov 11, 2025
Lighter Secures $68M Funding Round at $1.5B Valuation
Lighter, the zk‑rollup perpetual‑futures exchange, announced a $68 million financing round that values the company at $1.5 billion. The round was led by investors including Founders Fund, Ribbit Capital, Haun Ventures and Robinhood Markets and will fund new multi‑chain derivatives and institutional...
CoinDesk
Deals•Nov 11, 2025
Turbo Energy Partners with Stellar and Taurus to Tokenize Debt for Clean‑energy Projects
Turbo Energy announced a partnership with the Stellar Development Foundation and Swiss digital‑asset provider Taurus to issue tokenized debt on the Stellar blockchain, financing hybrid solar‑plus‑battery installations, starting with a pilot in Spain.
CoinDesk
Deals•Nov 10, 2025
Rumble to Acquire Northern Data in $767M Deal, Tether Commits $250M in Services and Advertising
Rumble announced it will acquire AI‑focused Northern Data AG in an all‑share transaction valuing the target at about $767 million. Stablecoin issuer Tether will purchase up to $150 million of GPU services and spend $100 million on advertising, deepening its partnership with Rumble.
CoinDesk
Deals•Nov 10, 2025
Exodus Movement Acquires Uruguay‑Based Grateful to Boost Stablecoin Payments in Latin America
Exodus Movement announced on Monday that it is acquiring Grateful, a Uruguay startup that enables merchants to accept stablecoins via wallet‑to‑wallet and QR point‑of‑sale tools. The acquisition aims to expand Exodus' payment infrastructure across Latin America and serve gig‑economy workers...
CoinDesk
Deals•Nov 10, 2025
Hong Kong Announces Third Blockchain-Based Green Bond Issuance
Hong Kong's government is preparing to issue its third blockchain‑based digital green bond sale, offering multi‑currency notes backed by the city and rated AA+. The bonds will be settled on a blockchain platform with infrastructure provided by HSBC, marking another...
CoinDesk
Deals•Nov 6, 2025
Cango Announces Direct Listing on NYSE for Nov 17
Chinese platform Cango, now a bitcoin miner, has received board approval for a direct listing on the New York Stock Exchange, slated to go live on Nov 17. The move supports its strategy to boost mining operations and enter the AI...
CoinDesk
Deals•Nov 5, 2025
Future Holdings AG Secures CHF 28 M Funding Round Led by Fulgur Ventures, Nakamoto, and TOBAM
Future Holdings AG (FUTURE), a Zurich‑based Bitcoin treasury firm, announced it raised CHF 28 million ($35 million) in a new funding round. The round was led by Fulgur Ventures, Nakamoto and TOBAM, bolstering FUTURE’s balance‑sheet‑driven Bitcoin treasury model and its plans to expand...
CoinDesk
Deals•Nov 5, 2025
Animoca Brands to List on Nasdaq via Reverse Merger with Currenc Group
Animoca Brands announced it will go public on Nasdaq by merging with publicly listed Currenc Group in a reverse merger. The deal targets a late‑2026 debut pending regulatory and shareholder approvals, creating an altcoin index vehicle for institutional and retail...
CoinDesk
Deals•Nov 4, 2025
MicroStrategy Launches €10% Perpetual Preferred Stock to Fund Bitcoin Purchases
MicroStrategy announced the issuance of a euro‑denominated perpetual preferred stock, Stream (STRE), offering a 10% annual dividend and targeting institutional investors in Europe. The $115‑per‑share offering will raise proceeds to acquire roughly $104,300 of bitcoin and for general corporate purposes.
CoinDesk
Deals•Nov 3, 2025
Tharimmune Raises $540M in Private Placement to Launch Canton‑Coin Treasury Strategy
Nasdaq‑listed Tharimmune announced a $540 million private placement led by DRW and Liberty City Ventures to fund a canton‑coin‑based treasury initiative. The round also attracted investors such as ARK Invest, Kraken, Polychain Capital, Tradeweb and the Canton Foundation. Proceeds will be used...
CoinDesk
Deals•Nov 3, 2025
Strive Announces Preferred Stock Offering to Raise Funds for Bitcoin Purchases
Strive (ASST) disclosed plans to issue 1.25 million Series A variable‑rate perpetual preferred shares (SATA) to raise capital for additional Bitcoin acquisitions. Barclays, Cantor Fitzgerald and Clear Street will act as joint book‑runners for the offering, with a 12 % initial dividend. The raise amount...
CoinDesk
Deals•Nov 3, 2025
Ripple Acquires Palisade to Expand Institutional Crypto Wallet Services
Ripple announced on Nov. 3, 2025 that it has acquired crypto‑wallet and custody firm Palisade, adding fast, scalable wallet‑as‑a‑service technology to its Ripple Custody platform. The deal aims to strengthen Ripple’s institutional payments offering for fintechs and corporate treasuries, supporting...
CoinDesk
Deals•Nov 3, 2025
Standard Money Secures $8M Strategic Investment to Fuel USDsd Mainnet Rollout
Standard Money, the developer of the BNB Chain‑based stablecoin USDsd, announced a $8 million strategic investment round led by Yzi Labs with participation from Gate.io, Crypto.com and Animoca Brands. The capital will support the launch of USDsd’s mainnet and expand liquidity...
CoinDesk
Deals•Nov 3, 2025
Cipher Mining Signs $5.5 B 15‑year Lease with Amazon Web Services for AI HPC
Cipher Mining announced a $5.5 billion, 15‑year lease with Amazon Web Services to provide 300 MW of AI computing capacity by late 2026, marking the miner’s push into AI infrastructure. The agreement includes a phased rollout starting July and positions Cipher as...
CoinDesk
Deals•Nov 3, 2025
Donut Labs Secures $15M Seed Round to Build AI-Powered Crypto Trading Browser
Donut Labs announced a $15 million seed funding round to develop its AI-driven crypto trading browser, bringing the total raised to $22 million across pre‑seed and seed stages. The round was led by investors including BITKRAFT, Makers Fund, Sky9 Capital, Hack VC, HSG...
CoinDesk
Deals•Oct 30, 2025
UFC-Endorsed Fight.ID Token Sale Raises $183M, Far Exceeding $1.5M Target
Fight.ID, a UFC-licensed project, raised $183 million in a public FIGHT token sale built on Solana, vastly surpassing its $1.5M target; the company had also raised $15.7M earlier that week. The funds are intended to support governance, staking, prediction markets...
CoinDesk
Deals•Oct 30, 2025
Mastercard Said in Talks to Buy ZeroHash; Coinbase Nearing Purchase of BVNK in Billion-Dollar Crypto M&A Moves
Citizens' research and media reports say Mastercard is in advanced talks to acquire ZeroHash for as much as $2 billion, and Coinbase is nearing a similarly sized deal to buy London-based BVNK. Both moves are reported as part of a...
CoinDesk
Deals•Oct 29, 2025
Mastercard in Late-Stage Talks to Acquire Zero Hash for up to $2B
Mastercard is reportedly in late-stage talks to acquire blockchain startup Zero Hash for $1.5 billion–$2 billion, according to Fortune and reported by CoinDesk. The potential purchase would bolster Mastercard's stablecoin payment infrastructure amid rising institutional demand for on-chain settlement.
CoinDesk
Deals•Oct 29, 2025
TeraWulf Announces $500M Convertible Note Offering to Fund AI Data Center Expansion
TeraWulf announced a private offering of $500 million in convertible senior notes (with an option for an additional $75 million) to fund construction of a 168MW AI data center in Abernathy, Texas tied to a joint venture with Fluidstack and...
CoinDesk
Deals•Oct 29, 2025
Consensys to Go Public, Taps JPMorgan and Goldman Sachs to Lead IPO
Consensys plans a public debut and has chosen JPMorgan Chase and Goldman Sachs as lead underwriters for its initial public offering, Axios reported. The listing would be a major Ethereum-native public offering as Consensys evaluates options for growth.
CoinDesk
Deals•Oct 29, 2025
MegaETH Raises $450M in Oversubscribed Token Sale Backed by Ethereum Founders
Ethereum layer-2 project MegaETH attracted $450M in an oversubscribed token auction that drew 14,491 participants and 819 maxed wallets. The sale, backed by MegaLabs and Ethereum co-founders Vitalik Buterin and Joe Lubin, will allocate MEGA ERC-20 tokens with final distributions...
CoinDesk
Deals•Oct 29, 2025
Securitize Launches Tokenized AAA CLO Fund; Grove Plans $100M Anchor Investment with BNY as Custodian
Securitize rolled out the Securitize Tokenized AAA CLO Fund (STAC) on Ethereum with BNY providing custody and fund services. Onchain allocator Grove plans a $100 million anchor investment pending governance approval, and BNY’s Insight will manage investment operations.
CoinDesk
Deals•Oct 28, 2025
Galaxy Digital Raises $1.15B via Exchangeable Debt Private Offering
Galaxy Digital is selling $1.15 billion in exchangeable notes in a private offering, a debt financing move reported on Oct. 28, 2025. The offering sparked market reaction, with the company's shares slipping following the announcement.
CoinDesk
Deals•Oct 28, 2025
OceanPal Secures $120M PIPE to Launch AI Arm, Eyes NEAR Token Supply
OceanPal announced a $120 million private investment in public equity (PIPE) to back a new AI arm while maintaining its shipping operations separately. The round is backed by investors including Kraken and Fabric Ventures and positions OceanPal to target roughly...
CoinDesk
Deals•Oct 28, 2025
Metaplanet Secures $500M Credit Facility, Launches 13% Share Buyback Program
Tokyo-listed Metaplanet announced a new $500 million credit facility to fund a repurchase program covering up to 13% of its shares, aiming to boost shareholder value and optimize capital efficiency. The company initiated the buyback and arranged the credit line...
CoinDesk
Deals•Oct 28, 2025
Crypto Staking Firm KR1 Plans Move to London Stock Exchange Principal Market
Isle of Man-based crypto staking company KR1, currently listed on the Aquis small-cap exchange, plans to list on the London Stock Exchange's principal market, according to the FT. The move would shift KR1 to the LSE main market; financial terms...
CoinDesk
Deals•Oct 28, 2025
Tokenization Firm Securitize to Go Public via SPAC at $1.25B Valuation with $225M PIPE
Securitize announced plans to go public through a SPAC deal that values the tokenization firm at $1.25 billion, alongside a $225 million PIPE financing. Existing investors ARK Invest and BlackRock will retain their stakes and are participating in the transaction...
CoinDesk
Deals•Oct 27, 2025
David Beckham-Backed Prenetics Raises $46.8M Backed by Kraken and Exodus to Advance Bitcoin Treasury
Health tech firm Prenetics announced a $46.8M funding round led by crypto firms Kraken and Exodus to support its bitcoin treasury strategy and growth toward $1B in annual revenue; proceeds could reach $216M. The raise was reported on 2025-10-27.
CoinDesk
Deals•Oct 27, 2025
TZERO Announces Plans to Go Public to Scale Tokenization Platform
tZERO has announced plans for a public listing to scale its regulated tokenization platform across securities, real estate and digital assets as tokenization gains momentum. The company aims to leverage a public listing to expand its regulated marketplace and product...
CoinDesk
Deals•Oct 25, 2025
Strive (ASST) Acquiring Semler Scientific (SMLR) as Bitcoin Treasury Plays Struggle
Semler Scientific (SMLR), which began its bitcoin treasury strategy in mid‑2024, is in the process of being acquired by Strive (ASST). The deal comes amid plunging valuations for bitcoin treasury companies trading below the value of their BTC holdings.
CoinDesk
Deals•Oct 25, 2025
Ripple Completes $1.25B Acquisition of Prime Broker Hidden Road, Launches Ripple Prime
Ripple has closed its acquisition of global prime broker Hidden Road and rebranded the business as Ripple Prime. The unit, which Ripple said has tripled in size since announcement, serves 300+ institutions and will use Ripple's RLUSD stablecoin as optional...
CoinDesk
Deals•Oct 25, 2025
Tether Invests $775M in Rumble as Platform Prepares Bitcoin Tipping
Tether has invested $775 million in video platform Rumble, which plans to roll out a Bitcoin tipping feature for its 51 million users in mid-December. Tether intends to leverage the partnership to promote its USAT stablecoin to U.S. users.
CoinDesk
Deals•Oct 24, 2025
Banks Arrange Record $38B Debt Financing for Oracle-Tied AI Data Centers
Banks are preparing a $38 billion senior secured debt financing to fund two Oracle-related AI data center projects developed by Vantage Data Centers for Oracle’s partnership with OpenAI under the Stargate initiative. The facilities — $23.25B for Texas and $14.75B...
CoinDesk
Deals•Oct 24, 2025
Stable’s Phase 1 Pre‑deposit Campaign Hits $825M Hard Cap
Stable, a stablecoin‑focused layer‑1 blockchain, said Phase 1 of its pre‑deposit campaign hit the $825 million hard cap within minutes of opening. The campaign represents a large capital inflow tied to the project's token/pre‑deposit offering.
CoinDesk
Deals•Oct 24, 2025
Polymarket Acquired CFTC-Registered Exchange QCX for $112 Million
Polymarket acquired QCX, a CFTC-registered derivatives exchange, for $112 million earlier in 2025 to enable a regulated U.S. relaunch. The purchase is intended to bring Polymarket’s prediction markets back to U.S. users in a regulated format and precedes plans for...
CoinDesk
Deals•Oct 24, 2025
Tether Invested $775M in Rumble
Tether made a $775 million strategic investment in video‑sharing platform Rumble (RUM) last year, positioning the firm as a distribution partner for Tether's upcoming USAT stablecoin and its crypto wallet.
CoinDesk
Deals•Oct 23, 2025
Plasma Acquires VASP‑licensed Entity in Italy to Expand EU Stablecoin Payments
Plasma acquired a Virtual Asset Service Provider (VASP)‑licensed entity in Italy as part of a broader push into regulated EU payments, and is opening an Amsterdam office while pursuing MiCA and EMI licenses. The move enables Plasma to legally handle...
CoinDesk
Deals•Oct 23, 2025
Aave Labs Acquires Stable Finance to Expand Consumer Onchain Savings
Aave Labs has acquired Stable Finance, a San Francisco startup that built a mobile app for stablecoin onchain savings. Stable’s founder and engineering team will join Aave Labs to integrate the startup’s consumer-focused technology into Aave’s product roadmap; terms were...
CoinDesk
Deals•Oct 23, 2025
Hyperliquid Strategies to Raise Up to $1B Through Share Issuance to Fund HYPE Treasury Purchases
Hyperliquid Strategies plans to issue up to 160 million shares to raise as much as $1 billion to fund purchases for its HYPE treasury. Chardan Capital Markets is acting as the company's financial advisor on the transaction announced on 2025-10-23.
CoinDesk
Deals•Oct 23, 2025
Fireblocks Acquires Dynamic to Create End-to-End Custody-to-Consumer On‑Chain Stack
Fireblocks acquired Dynamic, a developer platform that powers wallets and onboarding for firms like Kraken and Magic Eden, combining institutional custody infrastructure with consumer wallet and onboarding tech to deliver a full custody-to-consumer on‑chain platform. Financial terms were not disclosed;...
CoinDesk
Deals•Oct 22, 2025
Inveniam Capital Partners Acquires Storj to Bolster Decentralized Data and AI Capabilities
Inveniam Capital Partners signed a definitive agreement to acquire decentralized cloud storage provider Storj, folding its distributed storage and compute into Inveniam’s data and AI platform. Storj will operate as a standalone subsidiary with existing leadership retained and financial terms...
CoinDesk
Deals•Oct 22, 2025
Kraken Raised $500M in Growth-Stage Funding at $15B Valuation
Crypto exchange Kraken (Payward Inc.) recently raised $500 million in a funding round that valued the company at $15 billion, bolstering plans for a potential U.S. IPO. The raise was cited in the company’s Q3 financial update showing sharply higher...
CoinDesk
Deals•Oct 22, 2025
CoreWeave Proposes $9B All-Stock Acquisition of Core Scientific
CoreWeave has proposed an all-stock merger to acquire bitcoin miner Core Scientific in a deal reported at about $9 billion. The transaction remains contested as analysts expect shareholders may reject the proposed merger amid sector revaluation and AI-driven HPC momentum.
CoinDesk
Deals•Oct 22, 2025
XDC Ventures Acquires Contour Network to Reboot Trade‑Finance Platform and Integrate Stablecoins
XDC Ventures, the venture arm of the XDC Network, acquired Contour Network to relaunch its blockchain trade‑finance platform, inject fresh capital, and integrate stablecoins for end‑to‑end digital trade settlements. Contour, previously backed by major banks and shuttered in 2023, will...
CoinDesk
Deals•Oct 22, 2025
FalconX to Acquire ETF Manager 21Shares, Sources Say
According to the Wall Street Journal cited in the article, crypto trading firm FalconX is acquiring ETF manager 21Shares to build out funds focused on derivatives and structured products. The report frames the move as a strategic combination to expand...
CoinDesk
Deals•Oct 22, 2025
FalconX to Acquire Crypto ETF Provider 21Shares, Terms Undisclosed
Digital asset prime broker FalconX agreed to acquire crypto asset manager 21Shares, expanding FalconX beyond market making into issuing crypto ETFs. Terms of the deal were not disclosed; announcement reported by the Wall Street Journal and covered by CoinDesk on...
CoinDesk
Deals•Oct 22, 2025
Fan-Funded Film Projects Raise ~$9M via Reg CF Tokenization
The article reports multiple Reg CF tokenized raises: Robert Rodriguez raised $2M from ~2,000 fans; Pressman Film raised $2M for a slate of films; and Eli Roth’s fan-owned horror studio maxed a $5M Reg CF campaign. These are retail tokenized...
CoinDesk
Deals•Oct 22, 2025
Coinbase Acquired Team Behind Iron Fish to Boost Privacy on Base
Coinbase acquired the team behind the privacy-focused blockchain Iron Fish in March 2025 and folded them into a new privacy pod to build privacy-preserving primitives for its Base layer-2 network. The move was announced by Coinbase and referenced by CEO...
CoinDesk
Deals•Oct 21, 2025
Evernorth Holdings Signs SPAC Deal to List on Nasdaq Targeting over $1B
Ripple‑backed Evernorth Holdings signed a SPAC deal to list on the Nasdaq, targeting over $1 billion to create a public XRP treasury. The agreement was announced in the Oct. 21, 2025 market update.
CoinDesk
Deals•Oct 21, 2025
Bitcoin Miners Raise Billions in Debt and Convertible-Note Financings Amid AI Pivot
Public bitcoin miners collectively raised billions through debt and convertible-note offerings to fund pivots into AI/HPC, highlighted by TerraWulf's $3.2B senior secured note placement, IREN's $1B convertible bond and Bitfarms' $300M convertible note; several other miners also issued debt in...
CoinDesk
Deals•Oct 21, 2025
House of Doge Acquires Controlling Stake in Italian Soccer Club
Dogecoin-affiliated firm House of Doge has acquired a controlling share in an unnamed Italian soccer club, according to a linked Decrypt report cited in the briefing. Financial terms were not disclosed and the deal was announced in coverage on Oct...
CoinDesk
Deals•Oct 21, 2025
Arch Secured $70M Debt Financing From Galaxy
Cryptocurrency lending firm Arch secured $70 million in debt financing from Galaxy to expand its platform, according to the article. The financing was disclosed as having closed 'last year' and is cited as part of Arch's capital raises to support...
CoinDesk
Deals•Oct 21, 2025
Galaxy Digital Closes $1.4B Project Financing From Deutsche Bank to Fund Helios Data Center
Galaxy Digital secured a $1.4B project-financing facility from Deutsche Bank to fund phase one of its Helios data-center in Texas; the financing leaves phase one fully funded and on track for initial power-up in December. The deal supports Galaxy's build-out...
CoinDesk
Deals•Oct 21, 2025
BitcoinOS Raises $10M Led by Greenfield Capital to Build Institutional BTCFi
BitcoinOS raised $10 million in a financing led by Greenfield Capital with participation from FalconX, Bitcoin Frontier Fund, DNA Fund and angel investors to expand institutional Bitcoin finance tools, developer protocols and pilot the Grail Pro BTC yield protocol.
CoinDesk
Deals•Oct 21, 2025
Coinbase Acquired Deribit for $2.9B
Coinbase acquired Deribit earlier in the year in a deal valued at $2.9 billion, expanding its crypto derivatives footprint. The purchase, referenced as occurring in May, complements Coinbase's prior acquisition of FairX to bolster U.S. regulated derivatives offerings.
CoinDesk
Deals•Oct 21, 2025
CoreWeave Offers $9B All-Stock to Acquire Core Scientific Amid Shareholder Pushback
CoreWeave has made a $9 billion all-stock offer to acquire bitcoin miner Core Scientific; the CEO says he will not raise the bid while proxy advisor ISS and major investor Two Seas Capital urge shareholders to reject the deal ahead...
CoinDesk
Deals•Oct 21, 2025
Ripple Pursuing $1 Billion Capital Raise to Support Institutional Demand for XRP
Ripple is conducting an ongoing $1 billion capital raise cited as supporting institutional interest in XRP ahead of potential SEC ETF decisions. The raise is driving sentiment and trading flows, though specific investors and terms were not disclosed in the...
CoinDesk
Deals•Oct 21, 2025
Coinbase Acquires Crypto Fundraising Firm Echo for $375M
Coinbase has acquired Echo, an onchain capital formation startup, for approximately $375 million. Echo will remain a standalone platform while Coinbase integrates Echo's Sonar public-sale product and expands the infrastructure to support tokenized securities and real-world assets.
CoinDesk
Deals•Oct 21, 2025
SharpLink Gaming Raises $76.5M in Direct Stock Offering to Buy ETH
Nasdaq‑listed SharpLink Gaming raised $76.5 million via a direct stock offering on Oct 21, 2025 and used the proceeds to purchase 19,271 ETH (about $75M). The raise bolsters the company's digital‑asset treasury, bringing its ETH holdings to roughly $3.5 billion.
CoinDesk
Deals•Oct 20, 2025
MicroStrategy Raises $18.8M via Equity Issuance to Finance 168 BTC Purchase
MicroStrategy (MSTR) raised $18.8 million through the issuance of perpetual preferred shares and common stock to finance the purchase of 168 BTC, bringing its total holdings to 640,418 BTC. The financing and purchase were disclosed in a company filing on...
CoinDesk
Deals•Oct 20, 2025
Solana Company Moves Forward with $500M PIPE Resale After Stock Plunges
Solana Company (HSDT), backed by Pantera Capital, has advanced share resale for investors in a $500M PIPE private placement originally sold in September at $6.881 per share. The move comes as HSDT's stock plunged roughly 60% below the PIPE price,...
CoinDesk
Deals•Oct 20, 2025
Evernorth to Go Public via Armada Acquisition Corp II SPAC, Targeting $1B+ to Build Public XRP Treasury
Evernorth Holdings signed a business-combination agreement with Armada Acquisition Corp II to take the company public (expected Nasdaq ticker XRPN) and raise over $1 billion in gross proceeds to purchase XRP and pursue yield strategies. The deal includes a $200M...
CoinDesk
Deals•Oct 17, 2025
Arthur Hayes’ Maelstrom Seeks $250M Private Equity Fund to Buy Crypto Service Firms
Maelstrom, the family office of Arthur Hayes, is raising a $250 million U.S.-registered private equity fund to acquire four to six mid-sized crypto firms, deploying $40M–$75M per deal and targeting trading infrastructure and analytics companies. The firm aims for a...
CoinDesk
Deals•Oct 17, 2025
Li Lin’s Avenir Capital Leads $1B Ether Treasury Vehicle Backed by Asia’s Crypto Investors
Avenir Capital, led by Huobi founder Li Lin, is building a $1 billion regulated ether accumulation trust with commitments including ~$200M from Avenir and ~$500M from regional institutional players such as HongShan Capital Group; partners include early Ethereum investors tied...
CoinDesk
Deals•Oct 17, 2025
Astra Nova Raises $48.3M to Expand Web3 and AI Entertainment Platform
Astra Nova raised $48.3 million to expand its tokenized content tools and creator platforms, including TokenPlay AI, NovaToon and BlackPass. The round included $41.6M from a recent strategic tranche and builds on earlier investments led by Outlier Ventures and regional...
CoinDesk
Deals•Oct 17, 2025
CoreWeave Reiterates All-Stock $9B Takeover of Core Scientific, Calls Offer 'Best and Final'
CoreWeave has reaffirmed its commitment to acquire AI miner Core Scientific in a previously agreed all-stock deal valued at about $9B, calling its offer "best and final" and urging shareholders to vote in favor at an October 30 meeting. The...
CoinDesk
Deals•Oct 17, 2025
Ripple Leads $1B Raise via SPV to Accumulate XRP Through New Digital-Asset Treasury
Ripple Labs is reported to be leading an effort to raise at least $1.0 billion via a special-purpose vehicle/DAT to accumulate XRP, with Ripple contributing some of its own holdings and final terms still under discussion. The initiative would be...
CoinDesk
Deals•Oct 16, 2025
SharpLink Gaming Raises $76.5M in Premium-Priced Direct Stock Offering to Expand Ether Treasury
SharpLink Gaming (SBET) sold 4.5 million shares at $17 each in a direct offering priced at a 12% premium, raising $76.5 million to expand its ether holdings. An unnamed institutional investor bought the shares and received a 90-day option to...
CoinDesk
Deals•Oct 16, 2025
Daylight Raises $75M to Build Decentralized Energy Network
Daylight raised $75 million to expand its blockchain-based DayFi power network, combining $15M in equity led by Framework Ventures and $60M in project financing from Turtle Hill Capital. Participation included a16z crypto, M13, EV3 Ventures, Lerer Hippeau and others to...
CoinDesk
Deals•Oct 16, 2025
Bitfarms Launches $300M Convertible Senior Note Offering Due 2031
Bitfarms announced a proposed offering of $300 million in convertible senior notes due Jan. 15, 2031, with an option for initial purchasers to buy an additional $60 million. Proceeds will fund general corporate purposes and capped call transactions to offset...
CoinDesk
Deals•Oct 16, 2025
Kraken Acquires Small Exchange From IG Group for $100M
Cryptocurrency exchange Kraken has acquired U.S.-licensed derivatives platform Small Exchange from IG Group for $100 million, comprising $32.5M in cash and $67.5M in stock. The deal gives Kraken a CFTC-designated contract market (DCM) capability and strengthens its U.S. futures and...
CoinDesk
Deals•Oct 16, 2025
MoonPay Acquired Payments Startup Meso to Expand Crypto Payments
MoonPay completed an acquisition of payments startup Meso (announced in September) as part of its expansion of MoonPay Commerce, integrating acquired technology to broaden merchant crypto payments offerings. Financial terms were not disclosed.
CoinDesk
Deals•Oct 16, 2025
Figment Acquires Rated Labs to Strengthen Staking Data for Institutional Clients
Figment has acquired U.K.-based blockchain analytics firm Rated Labs to enhance data tools for institutional staking clients, including Rated's Explorer and data APIs. The deal value was not disclosed and is part of Figment's plan to spend up to $200M...
CoinDesk
Deals•Oct 16, 2025
A16z Crypto Leads $50M Private Token Sale for Jito Foundation
Jito Foundation raised $50 million in a private token sale led by Andreessen Horowitz's a16z crypto to fund expansion of its validator technology, staking protocol, and developer tools on Solana. The capital will support open-source infrastructure, liquid staking solutions and...
CoinDesk
Deals•Oct 16, 2025
Ripple to Acquire GTreasury for $1B to Expand Corporate Treasury Offerings
Ripple is acquiring treasury software provider GTreasury for $1 billion, a deal announced Oct 16, 2025 and subject to regulatory approvals. The acquisition will integrate GTreasury's cash, FX and risk management platform into Ripple's financial services suite to target enterprise...
CoinDesk
Deals•Oct 15, 2025
Coinbase to Increase Investment in Indian Crypto Exchange CoinDCX at $2.45B Valuation
Coinbase has agreed to invest in CoinDCX, one of India’s largest crypto exchanges, in a deal that values CoinDCX at $2.45 billion post-money and is subject to regulatory approvals and customary closing conditions. The investment builds on prior support from...
CoinDesk
Deals•Oct 15, 2025
IREN and WULF Launch Billion-Dollar Note Offerings to Strengthen Balance Sheets
IREN and WULF each unveiled billion-dollar note offerings to raise debt capital aimed at bolstering balance sheets and accelerating growth in data center and computing infrastructure. The offerings are structured as debt financings (note offerings) announced on 2025-10-15.
CoinDesk
Deals•Oct 14, 2025
Stripe’s Bridge Acquired by Stripe for $1.1B (Reported Last Year)
Payments giant Stripe acquired stablecoin infrastructure firm Bridge for $1.1 billion (completed last year). The deal made Bridge part of Stripe as it expands into stablecoin issuance, custody and tokenization services.
CoinDesk
Deals•Oct 14, 2025
BlackRock Leads $47M Funding Round in Tokenization Specialist Securitize
BlackRock led a $47 million fundraising round for tokenization specialist Securitize, backing the firm's expansion in tokenized asset infrastructure. The investment was announced as part of BlackRock's broader push into digital assets and tokenization.
CoinDesk
Deals•Oct 14, 2025
China Renaissance Raising $600M for BNB-Focused Investment Vehicle with YZi Labs
Investment bank China Renaissance is raising $600 million for a BNB-focused investment vehicle in partnership with YZi Labs, aimed at deploying capital into assets and projects tied to the BNB ecosystem. The fundraise underscores continued institutional interest in crypto investment...
CoinDesk
Deals•Oct 14, 2025
China Renaissance Aims to Raise $600M for BNB-Focused Public Crypto Treasury
Hong Kong-listed China Renaissance is aiming to raise $600 million to create a U.S.-based, publicly traded crypto treasury vehicle focused solely on BNB. The raise is reportedly backed by YZi Labs, the $10 billion family office of Binance co-founder Changpeng...
CoinDesk
Deals•Oct 13, 2025
China Renaissance Seeks $600M to Create Public BNB Treasury with YZi Labs
China Renaissance is reportedly planning to raise $600 million to form a publicly traded U.S. company that will acquire and hold BNB tokens. YZi Labs, the family office of Binance co-founder Changpeng Zhao, intends to invest alongside China Renaissance in...
CoinDesk
Deals•Oct 10, 2025
Kalshi Raises $300M at $5B Valuation to Expand Prediction Markets Globally
Kalshi raised $300 million at a $5 billion valuation to expand its prediction markets to 140 countries. The growth-stage round was led by major investors to support the platform's international expansion and product scaling.
CoinDesk
Deals•Oct 10, 2025
Prestige Wealth Raises $150M to Build Tokenized Gold Treasury for Tether Gold
Prestige Wealth raised $150 million to acquire tokenized gold reserves and serve as a blockchain-native, publicly verifiable treasury vehicle for Tether Gold. The capital will be used primarily to purchase tokenized gold and support the company’s treasury operations on-chain.
CoinDesk
Deals•Oct 10, 2025
Galaxy Secures $460M From Large Asset Manager in Share Purchase to Fund Helios Data Center
An unnamed large asset manager purchased nearly 13 million Galaxy shares — a mix of shares bought from the company and some executives — in a $460M investment. Galaxy said the proceeds will be used to advance its Helios HPC/data...
CoinDesk
Deals•May 1, 2025
KindlyMD (NAKA) Completes $563M PIPE to Fund Bitcoin Purchases
KindlyMD (ticker NAKA) raised $563 million via a PIPE financing in May 2025 to fund bitcoin purchases after a reverse merger that made Nakomoto its subsidiary. The company also issued a $200M senior secured convertible note to Yorkville and later...
CoinDesk