SpaceX has acquired xAI, Elon Musk’s artificial intelligence startup, according to a company memo that frames the deal as an effort to combine rockets, satellite internet, direct-to-mobile connectivity, and AI into a single vertically integrated […]
Dakota, a stablecoin-focused neobank founded by veterans of Coinbase, Square, and Airbnb, has launched a platform that allows fintechs and enterprises to embed regulated, programmable global money movement via APIs. Cross-border money movement remains slow […]
Coinbase is testing a new stablecoin called USDF on its exchange backend, the company said on Tuesday through its Coinbase Markets account. The token has been enabled for operational testing only, with trading, deposits, and […]
Ripple and LMAX Group have formed a multi-year partnership to accelerate the convergence of traditional and digital finance, with Ripple investing $150 million to support LMAX’s cross-asset growth strategy. Under the agreement, LMAX will integrate […]
Delaware Life Insurance Company, which provides annuity-based retirement solutions through a nationwide network of financial advisors, is partnering with BlackRock to bring Bitcoin into its fixed indexed annuities via the BlackRock U.S. Equity Bitcoin Balanced […]
Key Takeaways Anchorage Digital is eyeing a $200M–$400M capital raise. The firm is America’s first federally chartered crypto bank. Share this article Anchorage Digital is looking to raise as much as $400 million as it […]
Key Takeaways Interactive Brokers now allows eligible US clients to fund accounts with USDC for near-instant deposits, available 24/7 including weekends. RLUSD and PYUSD support is expected next week, with stablecoins automatically converted to USD […]
Key Takeaways CoinGecko is contemplating a potential sale approaching a valuation of $500 million. A sale would echo Binance’s $400M acquisition of CoinMarketCap in 2020. Share this article CoinGecko, a leading crypto market data aggregator, […]
Key Takeaways Exodus reported a year-end update showing a debt-free balance sheet alongside adjustments to its corporate digital asset holdings. The company now holds 1,704 Bitcoins after a significant reduction in digital asset reserves. Share […]
Key Takeaways Anthropic is seeking a $10B funding round at a $350B valuation. The raise would nearly double its valuation and follows heavy capital commitments from Microsoft and Nvidia. Share this article Anthropic, the AI […]
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