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Kraken Acquires Backed Finance to Expand Asset Tokenization Services

Leading cryptocurrency exchange Kraken has announced the acquisition of Backed Finance, a regulated platform specializing in the tokenization of real-world assets. This strategic move...
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Ethereum Briefly Reaches $3,000 Milestone Amidst Cautious Market Sentiment

The price of Ether (ETH) briefly touched the $3,000 mark on Tuesday, achieving a significant psychological milestone for the asset. However, the rally failed...
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Kalshi Secures $1 Billion Series E at $11 Billion Valuation Following Record Trading Month

Prediction market platform Kalshi has announced the successful closure of a $1 billion Series E funding round, catapulting its valuation to $11 billion. This...
Crypto News

Solana Supply Dynamics Shift as Price Holds Critical $120 Support Level

On-chain data for Solana reveals a significant redistribution of its token supply, occurring as the asset's price consolidates near a crucial technical support zone....
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Fed’s Bowman Faces Congressional Scrutiny Over Digital Asset Stance

In a recent congressional hearing, Federal Reserve Governor Michelle W. Bowman faced pointed inquiries regarding her public statements on digital assets. Representative Stephen F....
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Kraken Acquires Backed Finance, Integrating xStocks Tokenized Equity Platform

Kraken has announced the acquisition of Backed Finance, a prominent issuer of tokenized real-world assets (RWAs). This strategic move marks another significant addition to...
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Major EU Banking Consortium Targets 2026 Launch for Euro-Backed Stablecoin

A consortium of ten major European banks is advancing plans to introduce a regulated, euro-pegged stablecoin, with a targeted launch window in the second...
Crypto News

Taurus Enhances Institutional Custody with Staking via Everstake Partnership

Taurus, a leading provider of digital asset infrastructure for financial institutions, has integrated staking capabilities directly into its regulated custody platform through a strategic...
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