Workflow
Cryptocurrency Exchanges
icon
Search documents
Here’s Why Cathie Wood Was Right About Coinbase (COIN)
Yahoo Finance· 2025-09-09 21:34
We recently published Top 10 Analyst Calls on Trending Stocks You Shouldn’t Miss. Coinbase Global, Inc. (NASDAQ:COIN) is one of the major analyst calls. In February 2024, Ark Invest CEO and CIO Cathie Wood explained why she is bullish on Coinbase and praised the company’s execution. Here is what she said at the time. “Coinbase is doing right, right now. One of the things that it’s doing right is that it is, from a regulatory point of view, the most compliant exchange out there, and it’s losing all its co ...
Winklevoss twins’ Gemini gears up for public debut this week with Nasdaq backing
Yahoo Finance· 2025-09-09 19:15
The Winklevoss twins stand on a rooftop overlooking Manhattan with the Nasdaq tower glowing below - Cover art/illustration via CryptoSlate. Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has lined up Nasdaq as a strategic investor as it prepares to go public in New York this week, Reuters reported on Sept. 9, citing people briefed on the matter. According to the report, the share sale could raise up to $317 million, with Nasdaq expected to buy about $50 million of stock in a ...
Crypto Exchange Gemini Moves for Nasdaq Listing With $317 Million IPO Raise
Yahoo Finance· 2025-09-09 14:10
Popular crypto exchange Gemini, led by Tyler and Cameron Winklevoss, is moving forward with its plans for a public listing. Sources familiar with the matter stated that the exchange has brought on Nasdaq as a strategic investor. The exchange is targeting up to $317 million in its initial public offering, with Nasdaq committing to purchase $50 million worth of shares through a private placement. The latest investment by Nasdaq is part of a broader partnership that will allow Nasdaq clients to access Gemi ...
Nasdaq to Invest $50M in Winklevoss Twins' Gemini Crypto Exchange: Reuters
Yahoo Finance· 2025-09-09 10:32
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is preparing to go public with Nasdaq as both its listing venue and an investor, Reuters reported Tuesday, citing sources familiar with the matter. According to the news outlet, Nasdaq has agreed to buy $50 million worth of Gemini shares in a private placement tied to the initial public offering. The arrangement apparently goes beyond funding. Nasdaq’s clients will gain access to Gemini’s custody and staking services, while Gem ...
Exclusive-Winklevoss-founded crypto exchange Gemini taps Nasdaq as strategic investor, sources say
Yahoo Finance· 2025-09-09 09:06
By Echo Wang (Reuters) -Gemini Space Station, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has secured Nasdaq as a strategic investor as it moves forward with plans for a New York listing this week, according to two people familiar with the matter. Gemini, which could raise as much as $317 million in the initial public offering, has already lined up Nasdaq to buy $50 million in shares in a private placement at the time of the IPO, the people said, asking not to be identified becau ...
Bitget 与 Bitget Wallet 通过 Ondo Finance 支持 100 余种代币化资产
Globenewswire· 2025-09-05 08:42
Core Insights - Bitget and Bitget Wallet have integrated with Ondo Finance to offer real-time trading of tokenized real-world assets (RWA), becoming one of the first companies to provide tokenized stock and ETF trading for users outside the U.S. [2][3] - The new RWA module allows users to trade over 100 tokenized stocks and ETFs, reflecting price changes and reinvested dividends, with a minimum investment of $1 [3][6] - The partnership aims to bridge traditional financial tools with decentralized finance, enhancing access to global investment opportunities [4][5] Company Developments - Bitget's ecosystem is expanding by integrating traditional financial products into the decentralized finance space, aiming to simplify the investment process for users [4] - The collaboration with Ondo Finance is a strategic move to position Bitget Wallet as a global asset gateway, supporting over 130 blockchains and planning to expand RWA products [4][10] - Ondo Finance manages over $1 billion in assets and focuses on tokenizing publicly traded stocks and ETFs, providing a regulated platform for these transactions [5][10] Market Impact - The integration allows users to access tokenized assets from major companies like Apple, Tesla, Microsoft, Amazon, and Nvidia, with all assets priced in USD and available for trading around the clock [6] - The service is designed to provide execution efficiency comparable to traditional exchanges, utilizing traditional stock market liquidity rather than relying on on-chain liquidity pools [3][6] - The platform plans to expand its offerings to over 1,000 stocks and ETFs in the coming months, enhancing the diversity of investment channels for users [6]
Will COIN's New Index Combining Mag 7 and Crypto Futures Power Growth?
ZACKS· 2025-09-03 18:05
Group 1: Company Developments - Coinbase Global Inc. (COIN) is launching a unique equity index future that provides exposure to Mag 7 stocks and crypto futures, aligning with CEO Brian Armstrong's vision of creating an "everything exchange" [1] - The new product will be available starting September 22 and will include stocks like NVIDIA, Apple, Alphabet, Amazon, Meta Platforms, and Tesla, as well as crypto ETFs such as iShares Bitcoin Trust and iShares Ethereum Trust [1] - COIN has been pursuing strategic moves to enhance trading activities and revenue, including the acquisition of Derbit, launching a decentralized exchange feature, and partnering with JPMorgan and PNC Bank [1] Group 2: Financial Performance - In Q2 2025, total trading volume increased by 4.9% year over year to 237 million, while total revenues rose by 3.2% year over year to $1.5 billion, driven by higher transaction and subscription revenues [2][6] - COIN's shares have gained 23.1% year to date, outperforming the industry [5] Group 3: Peer Comparison - Robinhood Market (HOOD) is diversifying its product offerings, including the launch of pro and college football prediction markets and tokenized stocks in the EU [3] - Circle Internet Group (CRCL) plans to launch Arc, a Layer-1 blockchain for capital markets and payments using USDC by year-end, aiming to enhance USDC's applications and drive revenue growth [4] Group 4: Valuation and Estimates - COIN trades at a price-to-earnings ratio of 49.35, significantly above the industry average of 24.5, and carries a Value Score of F [7] - The Zacks Consensus Estimate for COIN's third-quarter 2025 EPS has decreased by 1 cent, while estimates for 2025 and 2026 revenues indicate year-over-year increases, but EPS estimates show a decline [8][9]
加密货币交易所Gemini寻求3.17亿美元IPO融资
Core Viewpoint - Cryptocurrency exchange Gemini has announced its intention to launch an initial public offering (IPO), aiming to raise up to $317 million by offering 16.7 million shares at a price range of $17 to $19 per share [1] Company Overview - Gemini was founded by the Winklevoss brothers and offers a range of services including trading, stablecoin issuance, custody, staking, and credit card services [1] - The company currently manages over $18 billion in assets [1] Financial Performance - In the first half of 2025, Gemini reported a net loss of $283 million, with revenues amounting to $68.6 million, indicating a heavy reliance on trading fees [1] Regulatory Developments - Recently, Gemini reached a settlement with the U.S. Securities and Exchange Commission regarding allegations of selling unregistered securities [1] - The company also paid a $5 million fine to the Commodity Futures Trading Commission concerning compliance issues related to Bitcoin futures [1]
DEX是什么?XBIT最新深度探索揭开神秘面纱、美联储联动与未来潜力
Sou Hu Cai Jing· 2025-09-01 09:36
Core Insights - DEX (Decentralized Exchange) is not a cryptocurrency but a platform that allows users to trade directly without intermediaries, reshaping the financial trading landscape [1][2][4] Group 1: DEX Overview - DEX operates on blockchain technology, enabling asset exchanges through smart contracts, enhancing privacy, and reducing single points of failure [2][3] - Recent data shows DEX trading volume reached its third-highest level, indicating a growing acceptance in the market [2] Group 2: Market Dynamics - The integration of DEX with platforms like Coinbase has led to a 30% increase in trading volume, highlighting the potential for liquidity optimization [2] - The rise of DEX is driven by community engagement and innovative projects, such as Creditlink, which has seen significant pre-sale success [3] Group 3: Regulatory Environment - The Federal Reserve's monetary policy significantly impacts the cryptocurrency market, influencing liquidity and investor sentiment [4][6] - Regulatory discussions around DeFi by the SEC and the Federal Reserve may shape the operational framework for DEX [6][7] Group 4: Technological Integration - Platforms like XBIT are redefining trading experiences by eliminating intermediaries and enhancing transparency and security [7][8] - XBIT's decentralized architecture promotes financial inclusion and supports multi-chain access to diverse assets [8] Group 5: Challenges and Opportunities - DEX faces challenges such as liquidity fragmentation and regulatory uncertainties, but its anti-censorship features may attract more users in the long run [10] - The current market sentiment, indicated by low funding rates, suggests a cautious approach, yet presents opportunities for DEX to offer fair trading environments [10]
美联储降息预期引爆数字货币市场,XBIT成投资者避险与套利最新选择
Sou Hu Cai Jing· 2025-08-30 16:32
Core Insights - The market is increasingly optimistic about the Federal Reserve's potential interest rate cuts in September, which is influencing global financial markets and leading to a surge in capital within the cryptocurrency sector [1][2] - XBIT decentralized exchange platform has seen a significant increase in trading volume, becoming a new choice for investors seeking to hedge and arbitrage [1][2] Market Dynamics - The expectation of interest rate cuts typically suggests a release of dollar liquidity; however, the current situation is complex due to resilient employment data, indicating that the rate cut may be less than anticipated [2] - Investors are shifting towards decentralized asset allocations, with XBIT's non-custodial trading model and smart contract execution mechanisms providing an ideal channel to mitigate centralized risks [2] Technological Advantages - XBIT employs a multi-layer encryption architecture, ensuring that user assets are fully controlled by private keys, which is particularly valuable in light of recent security incidents in the crypto space [4] - The platform boasts a 99.99% availability rate through a distributed node network, and its unique liquidity aggregation protocol minimizes slippage to within 0.05% [4] - XBIT's recent "Lightning Exchange" feature allows for instant conversion between cryptocurrencies and fiat with a low fee of 0.1% [4] Asset Allocation Strategies - As the Federal Reserve shifts its policy, the cryptocurrency market is undergoing a value reconstruction, with stablecoin trading volume increasing from 42% to 61%, indicating institutional investors are using decentralized channels for risk hedging [5] - XBIT supports cross-chain asset interoperability, allowing seamless transitions between major assets like BTC, ETH, and USDT, which is crucial during market volatility [5] User Engagement and Innovations - XBIT's "One-Click Staking" feature allows users to stake idle assets with annual returns of 5%-15%, attracting over $200 million in the first week of its launch [7] - The platform has integrated the Chainalysis anti-money laundering system for real-time monitoring of suspicious transactions, positioning itself favorably amid tightening regulations in various countries [8] Future Developments - XBIT plans to launch a Layer 2 scaling solution to enhance transaction processing speeds to 100,000 TPS, addressing Ethereum's congestion issues and reducing gas fees [8] - The introduction of an AI-driven smart market-making system is also on the horizon, which will utilize machine learning to predict market fluctuations and adjust liquidity pool parameters accordingly [8] Market Positioning - The anticipated interest rate cuts have reaffirmed the role of cryptocurrencies as a "digital gold" safe haven, with XBIT's emergence reshaping traditional financial trading logic [10] - With over 5 million users, XBIT's native governance token has seen a 42% increase in value over the past week, positioning it as a leading asset in the decentralized exchange sector [10]