Financial Services

Midas Secures $50 Million Series A Funding to Advance Onchain Investment Strategies

Midas has raised $50 million in Series A funding, showcasing strong growth in onchain investment strategies with mTokens.

BNP Paribas Launches New Crypto ETNs for Retail Investors

BNP Paribas will launch six crypto exchange-traded notes tied to Bitcoin and Ethereum, providing new investment opportunities for retail investors.

Goliath Ventures Faces Bankruptcy Amid Fraud Allegations

Goliath Ventures has filed for bankruptcy amid fraud allegations against CEO Christopher Delgado, who faces serious federal charges.

Kalshi Gains Ground with Regulatory Approval for Margin Trading

Kalshi's margin trading approval positions it strategically for institutional investor attraction after a recent $1 billion funding round.

Citigroup Seeks Acquisition to Strengthen Its Market Position

Citigroup is considering acquiring a US regional bank to expand its market presence and strengthen lending amid positive financial performance.

BlackRock Invests $181 Million in Cryptocurrencies Amid Market Slump

BlackRock has invested $181 million in crypto assets during a market slump, raising questions about ETF inflows and overall market health.

ICE Invests $600 Million in Polymarket, Enhancing Its Previous Commitment

ICE has invested $600 million in Polymarket, boosting its earlier commitment of $1 billion. This strengthens their partnership significantly.

Binance Australia Fined for Client Misclassification and Regulatory Failures

Binance Australia Derivatives was fined $6.9 million for misclassifying clients, exposing retail investors to substantial financial risks.

LayerZero Partners with Canton Network for Enhanced Tokenization

LayerZero's partnership with Canton Network enables tokenized assets to move across 165 public chains, enhancing financial liquidity and compliance.

Bitcoin Drops Below $69,000 Amid Rising Geopolitical Tensions

Bitcoin plunged below $69,000 as US-Iran tensions rise, pushing investors toward safer assets and impacting broader financial markets.

DOL's Proposal Could Unlock $12 Trillion for Alternative Investments in 401(k)s

The DOL's new proposal could allow $12 trillion in 401(k) assets to invest in alternatives like crypto, but investor sentiment remains mixed.

Nexo Expands Private Client Division to Cater to High-Net-Worth Investors

Nexo has significantly expanded its private client division to cater to high-net-worth individuals seeking tailored crypto strategies.

Strategy CEO Sells Shares as Company Prepares for Bitcoin Expansion

Phong Le, CEO of Strategy, sold shares and acquired MSTR stock while the company plans to expand its Bitcoin holdings.

MARA Holdings Enhances Financial Stability Through Strategic Bitcoin Sale

MARA Holdings sold 15,133 Bitcoin for $1.1 billion to repurchase convertible notes, reducing debt by 30% and strengthening its balance sheet.

Fannie Mae Introduces Crypto-Backed Mortgages for Homebuyers

Fannie Mae launches crypto-backed mortgages, enabling buyers to use Bitcoin and digital currencies to secure home loans.