Kraken Buys Reap for $600M: B2B Stablecoin Payments in Asia
Payward agreed to buy Hong Kong's Reap Technologies for up to $600M, adding card issuance and stablecoin payments to its B2B platform.
News - Page 36
Hut 8 Signs $9.8B AI Data Center Deal, Stock Hits ATH
Bitcoin miner Hut 8 signed a $9.8B, 15-year AI data center lease in Texas. Shares surged 33% to ATH $109.88 despite a $253M Q1 net loss.
Bitwise: Stablecoins Won't Hit $4 Trillion Without Apple, Google and Stripe
Bitwise CIO Matt Hougan says stablecoins need Apple, Google and Stripe to grow beyond $4 trillion. Explains the corporate payment case and GENIUS Act impact.
JPMorgan and Mastercard Complete First Tokenized US Treasury Settlement on XRP Ledger
JPMorgan and Mastercard completed the first cross-border tokenized US Treasury settlement on XRP Ledger with Ondo Finance and Ripple, using Kinexys.
Morgan Stanley Launches Crypto Trading on E*Trade at 0.5% Fee
Morgan Stanley rolled out a crypto trading pilot on E*Trade at 50 bps per trade, below Coinbase, Robinhood and Schwab. 8.6M clients get access in 2026.
CME Launches Bitcoin Volatility Futures: BVX Product Goes Live June 1
CME Group launches Bitcoin volatility futures on June 1, 2026. The BVX product lets traders hedge against swing intensity without betting on price direction.
a16z Raises $2.2B for Crypto Fund 5: Stablecoins and Prediction Markets
a16z Crypto raised $2.2B for its fifth fund, focusing on stablecoins, perpetual futures, prediction markets, and tokenized assets.
Coinbase Cuts 14% of Staff in AI Restructuring
Coinbase announced the elimination of 14% of its workforce on May 5, about 700 jobs. CEO Brian Armstrong cited a market downturn and AI adoption.
Haun Ventures Raises $1B for Crypto and AI Agents
Haun Ventures closes $1B fund for crypto infrastructure, tokenization, and AI agents. BCG forecasts AI agent payments growing to $2.4T annually by 2029.