Month: August 2025

Bullish (NYSE: BLSH), a global digital asset platform, raised $1.15 billion in proceeds, making it the first IPO in U.S. financial history to use stablecoins. The majority of proceeds from the IPO included multiple stablecoins such as USDC, EURC, and Ripple USD (RLUSD), which Ripple issued on the XRP...

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Centrifuge is making its deRWAs available on all EVM DeFi platforms....

Kraken tokenized equities on Tron...

A second day of selling pressure hit technology stocks tied to the AI theme on Wednesday, as sentiment cooled after an MIT report questioned the broad profitability of the new technology. MAGS ETF is moving fast. Check live prices here. Shares of Palantir Technologies Inc. (NASDAQ:PLTR) — a poster...

A significant wave of profit-taking has swept through cryptocurrency markets, with long-term investors capitalizing on recent all-time highs. Fresh on-chain data reveals that holders of major assets have collectively sold off approximately $2.8 billion in gains, contributing to a widespread market cooldown. $2.8B in Realized Profits as Major Coins...

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk & Jamie Crawley, reporters at CoinDesk. In this issue: Nasdaq-Listed SoFi Taps Bitcoin Lightning for Remittances Bitcoin DeFi Project Enters Solana with BTC-Backed Token YBTC Valantis Acquires stHYPE, Expanding Liquid...

JACKSON HOLE, Wyo. — Federal Reserve Governor Chris Waller preached that there is “nothing scary” about digital asset innovations, during a speech in Jackson Hole on Wednesday — the second high-ranking Fed official to praise the sector this week. “There is nothing to be afraid of when thinking about...

JACKSON HOLE, Wyo. — U.S. Senator Cynthia Lummis (R-Wyo.) said that a final draft of crypto market structure legislation will be presented to U.S. President Donald Trump before Thanksgiving — notably, some time after Sen. Tim Scott’s previous Sept. 30 deadline. “We will have it on the President’s desk...

Emails race across the globe in milliseconds, yet money still moves at a crawl. It can take days to make payments, especially cross-border — longer over weekends or holidays. The result? Trillions of dollars are trapped where they can’t earn yield. This inefficiency is more than an inconvenience —...