Kalshi in Talks for New Funding at $40B Valuation as Revenue Surges
Prediction market platform Kalshi is in discussions to raise fresh capital at a valuation of approximately $40 billion, according to…
Category: Financial
Amundi Raises Stake in Strategy (MSTR) by 148%, Now Holds 1.32 Million Shares
Europe’s largest asset manager, Amundi, has significantly increased its exposure to Strategy (formerly MicroStrategy), boosting its shareholdings by 148% to…
Tether’s USDT Supply Shrinks by $4B in 60 Days as Crypto Demand Cools
Tether Sheds $870M in 11 Days as Stablecoin Demand Weakens Tether’s $USDT supply is shrinking after years of rapid expansion,…
Why Nvidia stock is climbing around 3% today
Nvidia stock (NVDA) rose early Wednesday as investors appeared to take some comfort from a new financing initiative involving six…
SEC Staff Clears Franklin Funds to Use Onchain Money Fund for Cash and Collateral
The U.S. Securities and Exchange Commission’s Division of Investment Management said Wednesday that it would not recommend enforcement action if…
Securitize shares hit record low after Q2 net loss of $21.7M, revenue miss
Tokenization platform Securitize (SECZ) reported a net loss of $21.7 million in the second quarter, its first earnings report since…
Morgan Stanley’s infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank
Zerohash, a crypto platform that handles the backend operations of high-profile traditional financial firms including Morgan Stanley’s E*Trade, fell short…
Securitize falls 20% after earnings miss as tokenization revenue falls short
Securitize (SECZ) shares plunged 20% in after-hours trading Wednesday after the tokenization firm fell short of Wall Street’s second-quarter expectations…