Krakenās New Pre-IPO Valuation
Crypto exchange Kraken is looking to raise $500 million at a $15 billion valuation according to new reporting from The Information. While there is very little other information regarding the news, Bloomberg is reporting that they expect the company to IPO in the first quarter of 2026. Read more ā
MARA Beats Q2 Expectations, Stock Pops
Bitcoin miner and second-largest corporate bitcoin holder, with 50K BTC, MARA Holdings (MARA), reported Q2 earnings yesterday that beat analyst expectations. The company reported revenue of $238.5 million (+64% QoQ). In other news, the company also yesterday announced a $950 million offering of 0.00% convertible notes, to amongst other things, acquire additional BTC. The stock is up 5%. Read more ā
Coinbase š¤ JP Morgan
Coinbase is partnering with JPMorgan Chase to make it easier for the bankās 80 million customers to access crypto. The partnership will give users the ability to fund Coinbase accounts with Chase credit cards, redeem Chase Ultimate Rewards points for USDC, and directly link Chase bank to the exchange. Traditional banks and crypto exchanges are converging. Read more ā
Strategy (MSTR) acquires 21,021 more BTC for ~$2.46 billion LinkĀ»
Tether giving additional 5,800 BTC to its treasury firm Twenty One ahead of public listing LinkĀ»
Bitmine (BMNR) authorizes $1B share buyback just one month after debut LinkĀ»
eToro (ETOR) launching tokenized US equities, ETF and futures trading LinkĀ»
CoinDCX Dismisses Report of Coinbase Acquisition Talks LinkĀ»
