Bullish has confidentially filed for a US IPO. Blockchain adoption is accelerating among major corporations, with 60% of Fortune 500 firms now pursuing blockchain projects. Meanwhile, the NFT sector is evolving beyond speculative trading, increasingly serving as foundational digital infrastructure for gaming, AI, and Web3 applications.
Peter Thiel-backed crypto exchange Bullish has confidentially filed for a US IPO, according to multiple reports. The move comes as demand for crypto stocks increases and digital asset market enthusiasm grows.
A Coinbase survey reveals that 60% of Fortune 500 companies are now engaged in blockchain initiatives, signaling rapid enterprise adoption. Interest in stablecoins has also tripled, and smaller firms are increasing demand, highlighting blockchain's growing role in corporate strategy.
Despite headlines about the NFT market's decline, NFTs are moving beyond speculation to become foundational infrastructure for gaming, AI, and Web3. This transition marks a shift from NFTs as mere assets to essential digital building blocks.
Tel Aviv-based crypto security startup Hypernative has raised $40 million in a Series B round co-led by Ten Eleven and Ballistic Ventures, bolstering its position in the blockchain security sector.
OpenTrade raised $7 million in a strategic round led by Notion Capital and Mercury Fund, with support from a16z crypto, AlbionVC, and CMCC Global, to expand stablecoin yield access in markets affected by inflation.
Noah has raised $22 million in seed funding to develop its global stablecoin payment network, with Adyen veteran Thijn Lamers joining as co-founder and president. The move highlights growing investor interest in stablecoin infrastructure platforms.
Franklin Templeton has launched an 'intraday yield' feature for tokenized assets on its Benji platform, aiming to address the limitation of traditional daily yield calculations by leveraging blockchain composability.
Evita Pay founder Iurii Gugnin is accused by U.S. authorities of operating a covert crypto pipeline for sanctioned Russian entities, allegedly laundering $500 million. The case highlights ongoing regulatory scrutiny and enforcement in the crypto sector.
Cybersecurity firm Kaspersky reports that the Librarian Ghouls group is targeting Russians to mine cryptocurrency, using legitimate third-party utilities—a method typical of hacktivists. The group's tactics highlight ongoing threats in the crypto space.
ETF analysts suggest the SEC could approve Solana, Ether staking, and crypto index ETFs as early as next month, potentially ushering in an 'altcoin ETF summer' for the crypto market.
A draft bill in Ukraine's parliament would allow the National Bank of Ukraine to allocate crypto assets like Bitcoin as part of state reserves, but does not require it. This move comes as other regions, such as Connecticut, enact bans on state crypto reserves and investments.
Brian Quintenz, President Trump's nominee for CFTC chair, highlighted the potential for the U.S. to foster crypto innovation while protecting consumers. At his Senate hearing, he called for comprehensive crypto rules and noted the CFTC would require more funding if tasked with broader oversight.
South Korea's ruling Democratic Party, led by President Lee Jae-myung, has submitted a bill to parliament that would allow qualifying companies to issue stablecoins, signaling a potential shift in the country's approach to digital assets.
A Proof of Talk panel saw Haun Ventures' Diogo Monica claim stablecoins are safer than commercial bank deposits, while critics highlighted transparency concerns with issuers like Tether. The debate underscores ongoing questions about stablecoin safety and oversight.
Artificial intelligence is seen as a transformative technology, and the integration of decentralized AI systems with Web3 infrastructure is a significant concept. The current landscape raises questions about why Web3 is falling behind in the AI race.
The crypto industry is often narrowly viewed through price movements, overshadowing innovation and utility. The dominant narrative centers on 'numbers go up,' but this fixation may hinder broader adoption and development. A shift in perspective is needed to unlock crypto's full potential.
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