Crypto exchange Coinbase Global (COIN) agreed to acquire Vector, an onchain trading platform built on solana (SOL-USD), the company said on Friday. Integrating Vector's technology into Coinbase's (COIN) consumer trading experience will give users broader access to onchain markets, it ...

Cryptocurrency exchange Kraken’s choice to move ahead with a confidential IPO filing, just days after securing an $800 million raise, shows an exchange trying to capitalize on market momentum while U.S. regulators edge toward clearer crypto rules. The timing surprised some market watchers as the company's recent capital raise implied a strong private-market valuation and provided substantial runway. But the IPO move fits a broader trend playing out across crypto, according to seasoned securities attorney ...

Core Viewpoint - The author expresses skepticism towards cryptocurrencies, highlighting a lack of personal investment in the sector and only having exposure through an investment in Coinbase, the largest US crypto exchange [1]. Company Summary - Coinbase (NASDAQ: COIN) is identified as the largest US crypto exchange, which has provided returns on investment for the author [1]. Industry Summary - The article reflects a broader skepticism within the investment community regarding the viability and future of cryptocurrencies, suggesting a cautious approach to investments in this sector [1].

Kraken is planning to go public. One of the world’s biggest crypto exchanges has confidentially filed with the US Securities and Exchange Commission for an initial public offering of its common stock, according to the company. Kraken didn’t set a time for when the IPO will happen, but only said it expected it “to occur after the SEC completes its review process, subject to market and other conditions.” Previous reports have predicted that Kraken would go public in the first quarter of 2026. Co-CEO Arju ...

Shares in publicly traded crypto exchange Bullish have fallen by more than 5% after the firm reported its Q3 earnings on Wednesday morning. The exchange reported record adjusted revenue and net income of $76.5 million and $18.5 million in Q3, respectively. That compares to $44.6 million in adjusted revenue and a net loss of $67.3 million during the quarter last year. “After posting record subscriptions, services, and other revenue (SS&O) and record profitability in the third quarter, we are continuing to se ...

Group 1: AI Market Dynamics - The S&P 500 has experienced a decline over the past four days, with major investors like Peter Thiel selling stakes in companies such as Nvidia, indicating concerns about the AI bubble [1] - Historical context is provided by comparing the current situation to the internet bubble of 2000, where the S&P fell 49% over 31 months, yet the underlying technology continued to evolve and impact the world [2] - AI is positioned as the next transformative technology, expected to surpass the internet in its impact, necessitating that business leaders focus on preparing for significant changes rather than reacting to market fluctuations [3] Group 2: Future of AI and Business - Companies are encouraged to consider when they will allow AI to autonomously manage financial transactions, with CFOs expressing cautious optimism about this capability within certain limits [3] - The concept of Artificial General Intelligence (AGI) is introduced, with experts predicting its arrival between the late 2020s and early 2030s, presenting unique challenges for organizational management [4] - The emergence of one-person billion-dollar companies is anticipated, with industry leaders betting on the timeline for such developments, highlighting the competitive landscape shaped by AI [5] Group 3: Market Reactions and Earnings - Wall Street is awaiting Nvidia's earnings report, which is expected to provide insights into the economic fundamentals of the AI sector amidst fears of an AI bubble [7] - The performance of AI-focused companies is critical, as their yearly gains are concentrated among a select few, raising concerns about sustainability if AI revenue does not align with spending [7]

(Reuters) -Crypto exchange Kraken said on Tuesday it was valued at $20 billion in its latest fundraise, a ​33% increase in under two months, as digital market firms ‌continue to attract investor interest. The $800 million dual-tranche funding round follows a crypto-friendly regulatory ‌tone under U.S. President Trump, encouraging digital asset firms to expand in the U.S. with promises of clearer rules. Peers such as Gemini and Coinbase, as well as crypto firm Ripple, have benefited from eased oversight ⁠ ...

One of the world’s largest crypto exchanges has raised a huge stash of capital from a blue chip financial titan. The Wyoming-based Kraken secured $200 million in a strategic investment from Citadel Securities, the nearly 25-year-old market maker, a Kraken spokesperson confirmed to Fortune. The investment valued the crypto exchange at $20 billion. The round comes shortly after Kraken closed an earlier round of financing in September in which it raised $600 million at a $15 billion valuation from a fleet of ...

Mt Gox Bitcoin. Photo by BeInCrypto Blockchain tool Arkham detected small but impactful moves that could have lasting effects for months. The US government and Mt. Gox, the defunct Japanese exchange, made significant transfers that have traders watching closely. US Government Moves Seized Crypto Blockchain intelligence firm Arkham revealed that the US government recently moved $23,000 worth of WIN tokens on Tron. These assets were seized from Alameda Research nearly two years ago. While small in dollar ...

Almost $1 billion worth of Bitcoin in wallets belonging to defunct crypto exchange Mt. Gox was moved early Tuesday morning, according to on-chain data tracked by blockchain analytics firm Arkham Intelligence. A Bitcoin address labeled by Arkham as “Mt. Gox Cold Wallet” transferred 10,608 Bitcoin, or around $988 million worth, to two separate addresses—185 BTC to a hot wallet it controls, and the remaining 10,423 BTC to a fresh Bitcoin address. The 185 BTC, or $17 million worth, was later sent to an addres ...