IREN shares jumps on $1.6 billion Dell deal to expand AI cloud business
IREN shares rose 4% in pre-market trading after the company entered a $1.6 billion purchase agreement with Dell Technologies for…
Category: Financial
Crypto IPOs could create massive $1 trillion market amid tokenization wave, Jefferies says
Jefferies said it expects a new wave of crypto and blockchain-related public listings as institutional adoption of digital asset infrastructure…
BIS project finds tokenization could make cross-border payments faster, safer
A major experiment led by the Bank for International Settlements (BIS) found that tokenization could help fix some of the…
Crypto Long & Short: How the GENIUS Act repriced bitcoin’s monetary premium
Welcome to our institutional newsletter, Crypto Long & Short. This week: Ravi Tanuku on how the $GENIUS Act repriced bitcoin’s…
CoinDesk 20 performance update: Internet Computer (ICP) Jumps 9.8%
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The…
JPMorgan’s Dimon highlights internal candidates for succession planning
Jamie Dimon just said the quiet part out loud. The JPMorgan Chase CEO confirmed that his potential successors are already…
Alpha Compute acquires 60% stake in GAMEE, launches AI gaming division
Alpha Compute Corp., trading on NASDAQ under the ticker ALP, has signed a deal to acquire a 60% controlling stake…
Kyrgyzstan Emerges as Central Asia’s Crypto Switzerland
Kyrgyzstan is moving quickly to build a state-backed crypto economy, rapidly becoming the Switzerland of crypto. The government has already…
Wall Street gets new crypto rival after Texas bank completes regulatory pivot
A forty-year-old Texas bank is stepping onto the national stage to challenge Wall Street’s push to get a grip on…
Value locked in tokenized stocks expands from $995M to $1.6B in May
On-chain activity shifted in the past month, as liquidity flowed into tokenized stocks. The total value locked in stock trading…