Digital Assets

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X @Cointelegraph
Cointelegraph· 2025-07-26 19:00
Industry Recognition - CNBC names the world's top fintech companies in digital assets for 2025 [1] Leading Companies - The list includes prominent companies in the digital asset space such as Binance, Coinbase, and OKX [1] - Companies like Chainalysis and Fireblocks, specializing in blockchain analytics and security, are also recognized [1] - Infrastructure providers like Blockdaemon and Figment are included in the list [1] - Custody solutions are represented by companies like BitGo, Ledger, and Zodia Custody [1] - The list also features companies involved in NFT marketplaces, such as Magic Eden and OpenSea [1]
FTI Consulting Tops Q2 Estimates
The Motley Fool· 2025-07-25 23:22
Core Insights - FTI Consulting reported Q2 2025 earnings that exceeded Wall Street expectations despite a mild decline in revenue and earnings per share compared to the previous year [1][2] - The company generated GAAP revenue of $943.7 million, surpassing estimates by $21.7 million, and GAAP earnings per share of $2.13, exceeding the $2.10 estimate [1][2] - The performance varied significantly across different business segments, with some experiencing growth while others faced challenges due to macroeconomic factors [1] Financial Performance - Q2 2025 GAAP revenue was $943.7 million, a decrease of 0.6% year-over-year from $949.2 million in Q2 2024 [2] - GAAP earnings per share fell by 9.0% from $2.34 in Q2 2024 to $2.13 in Q2 2025 [2] - Adjusted EBITDA decreased by 3.7% to $111.6 million from $115.9 million in the prior year [2] - Net income dropped 14.5% to $71.7 million from $83.9 million in Q2 2024 [2] - Operating margin was 10.5%, down from 11.0% in the previous year [2] Business Segments Overview - Corporate Finance & Restructuring segment reported $379.2 million in GAAP revenue, up 9.0% year-over-year, driven by increased demand for restructuring services [5] - Forensic and Litigation Consulting generated $186.5 million in GAAP revenue, a 10.0% increase, benefiting from higher bill rates [6] - Economic Consulting saw a significant decline in GAAP revenue to $191.7 million, down 17.0% due to reduced deal volume [7] - Technology unit's revenue fell 27.9% to $83.6 million, impacted by lower demand for merger-related projects [8] - Strategic Communications achieved strong growth with revenue up 20.8% to $102.7 million, driven by increased demand for reputation management services [10] Cash Flow and Balance Sheet - Cash generated from operations decreased to $55.7 million from $135.2 million in Q2 2024, primarily due to higher forgivable loan issuances and increased compensation payments [11] - Net debt rose to $317.2 million from a net cash position of $166.4 million a year earlier [11] - Total liabilities increased to $1.59 billion, reflecting higher long-term debt and commitments to retain talent [12] Future Guidance - Management updated FY2025 revenue guidance to a range of $3.66 billion to $3.76 billion, indicating flat growth compared to FY2024 [13] - Full-year GAAP earnings per share is projected between $7.24 and $7.84, with adjusted EPS forecasted between $7.80 and $8.40 [13] - The company highlighted potential declines in adjusted EPS for the first time in a decade due to ongoing weakness in certain segments [13]
Galaxy Executes One of the Largest Notional Bitcoin Transactions Ever
Prnewswire· 2025-07-25 20:30
NEW YORK, July 25, 2025 /PRNewswire/ - Galaxy Digital Inc. (NASDAQ: GLXY) (TSX: GLXY), a global leader in digital assets and data center infrastructure, today announced the successful execution of one of the largest notional bitcoin transactions in the history of crypto on behalf of a client.Galaxy completed the sale of more than 80,000 bitcoin—valued at over $9 billion based on current market prices—for a Satoshi-era investor, representing one of the earliest and most significant exits from the digital ass ...
OSL Group Secures $300 Million to Expand Digital Asset Platform
PYMNTS.com· 2025-07-25 15:48
Digital asset platform OSL Group secured $300 million in an equity financing round to accelerate its global expansion.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The Hong Kong-based, listed and licensed company ...
X @Ivan on Tech 🍳📈💰
Ivan on Tech 🍳📈💰· 2025-07-25 15:11
Personnel Change - BlackRock's head of digital assets leaves the company [1] - The individual joins SharpLink Gaming, the second-biggest Ethereum treasury company [1]
X @Crypto Rover
Crypto Rover· 2025-07-25 14:52
💥BREAKING:BLACKROCK’S HEAD OF DIGITAL ASSETS LEAVES THE COMPANY TO JOIN SECOND-BIGGEST ETHEREUM TREASURY COMPANY, SHARPLINK GAMING. ...
X @Wendy O
Wendy O· 2025-07-25 13:12
$15,000 ETHEREUM now that BlackRock is here.SharpLink (SBET) (@SharpLinkGaming):NEW: Joseph Chalom, former Head of Digital Assets Strategy @BlackRock, joins SharpLink as Co-CEOAfter two decades at BlackRock, where he helped launch IBIT ($87B+ AUM), ETHA ($10B+ AUM), and BUIDL (the first tokenized Treasury fund on Ethereum), @joechalom is now joining https://t.co/utOa76AhwE ...
X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-07-25 12:34
Huge news out of SBET 📢SharpLink has appointed Joseph Chalom as Co-CEOJoseph is the former Head of Digital Assets Strategy at BlackRock and helped launch IBIT, ETHA and BUIDL.Incredible track record and another big vote of confidence for SBET https://t.co/cgGE6vWZ4C ...
SharpLink Welcomes BlackRock Digital Assets Pioneer Joseph Chalom as Newly Appointed Co-CEO
GlobeNewswire News Room· 2025-07-25 12:00
Core Insights - SharpLink Gaming, Inc. has appointed Joseph Chalom, a former senior executive at BlackRock, as its new Co-CEO, effective July 24, 2025, bringing significant experience in digital finance and institutional adoption of digital assets [3][4][5] - Chalom's leadership is expected to enhance SharpLink's strategy in aligning with the Ethereum ecosystem, which is seen as a transformative opportunity for the company's future [6][10] Company Overview - SharpLink Gaming, Inc. is recognized as one of the largest corporate holders of Ether (ETH) and is a prominent advocate for Ethereum adoption [3][10] - The company has adopted Ether as its primary treasury reserve asset, providing investors with direct exposure to Ethereum, the second-largest digital asset [10][11] - SharpLink is focused on innovating the online gaming industry by developing scalable, secure, and transparent solutions [11] Leadership Transition - Rob Phythian, the current CEO, will transition to the role of President and remain on the Board of Directors [4] - Joseph Chalom has a distinguished 20-year career at BlackRock, where he held multiple senior leadership roles and was instrumental in the firm's entry into digital assets [7][8] Strategic Vision - Chalom's appointment is viewed as a validation of SharpLink's ETH treasury strategy and its vision for Ethereum's role in the digital economy [5][6] - The company aims to leverage Ethereum's unique value proposition to drive innovation in financial technologies [6]
SharpLink Welcomes BlackRock Digital Assets Pioneer Joseph Chalom as Newly Appointed Co-CEO
Globenewswire· 2025-07-25 12:00
Company Overview - SharpLink Gaming, Inc. is one of the world's largest corporate holders of Ether (ETH) and a prominent advocate for Ethereum adoption [1][8] - The company is headquartered in Minneapolis, Minnesota, and is publicly traded on Nasdaq under the ticker SBET [8] Leadership Changes - Joseph Chalom, a former senior executive at BlackRock, has been appointed as the new Co-Chief Executive Officer of SharpLink, effective July 24, 2025 [1] - Rob Phythian, the current CEO, will transition to the role of President and remain on the Board of Directors [2] Strategic Vision - Joseph Chalom's appointment is seen as a validation of SharpLink's ETH treasury strategy and its vision for Ethereum to drive transformative change in the digital economy [3] - Chalom expressed enthusiasm for shaping the future of financial infrastructure and decentralized finance, aligning SharpLink's strategic direction with the Ethereum ecosystem [4] Chalom's Background - Chalom has over 20 years of experience at BlackRock, where he led digital finance innovations and was instrumental in launching the iShares Ethereum Trust (ETHA), which has over $10 billion in assets [1][5] - He held multiple senior leadership roles at BlackRock, including interim Deputy Chief Operating Officer and Chief Operating Officer of BlackRock Solutions [6] Industry Position - SharpLink is positioned as a leader in the online gaming sector, aiming to innovate and challenge outdated models through scalable, secure, and transparent solutions [9]