Circle seeks $7.2 billion valuation in upsized IPO
Circle has upsized its plans for an initial public offering, and will now sell 32 million shares of Class A common stock for between $27...
Circle has upsized its plans for an initial public offering, and will now sell 32 million shares of Class A common stock for between $27...
The funds will operate as a “regular C corporation” for U.S. federal income tax purposes, which treats staking distributions as dividend income. Source link
BitMEX’s investigation allegedly discovered new insight into the group’s inner workings and “significant lapses in operational security.” Source link
Some traders see this round of $5 billion in FTX unlocks as a potential liquidity source for an upcoming “alt season.” Source link
Many Americans remain skeptical of Big Tech firms on issues related to data sovereignty and information bias, a DCG funded survey found. Source link
PSG, facing off in the Champions League soccer finals this weekend, is also looking to invest in “Bitcoin entrepreneurs” and “Bitcoin ventures.” Source link
Some onlookers think this decentralized market function could be improved either through stablecoin price caps or “more resilient” algorithms. Source link
Tether, Softbank and Cantor Fitzgerald-backed Twenty One Capital has raised an additional $100 million by selling convertible notes. Source link
B2B stablecoin monthly volumes had grown to over $3.0 billion by early 2025, up from under $100 million at the start of 2023. Source link
The team plans to invest upwards of $500,000 in around 30 early-stage startups involved in tokenization, stablecoins, and infrastructure. Source link