Articles from www.theblock.co

Articles from www.theblock.co

Crypto payments network Mesh raised a $75M Series C led by Dragonfly at a $1B valuation, bringing its total funding to $200M (www.theblock.co)
7 hours ago

Entropy, a decentralized crypto custodian that raised a $25M seed led by a16z in June 2022, is shutting down after “several pivots, and two rounds of layoffs” (www.theblock.co)
1 day ago Layoffs Decentralize

BitGo closed up ~2.7% at $18.49 per share in its NYSE debut on Thursday which saw shares jump as much as 36% intraday, after raising $212.8M in its IPO (www.theblock.co)
4 days ago IPO

Superstate raised an $82.5M Series B to expand from tokenized Treasury offerings into SEC-registered equities on Ethereum and Solana (www.theblock.co)
5 days ago Equity Ethereum

Neynar, a startup focused on decentralized social media infrastructure, is acquiring Ethereum-based social media project Farcaster from R&D firm Merkle (www.theblock.co)
6 days ago Startup Ethereum Decentralize

Portugal orders Polymarket to stop operations and blocks it in the country after heavy activity tied to its recent presidential election, with €110M+ in volume (www.theblock.co)
7 days ago Portugal

ZachXBT: a crypto user lost $282M+ in BTC and LTC in a hardware wallet social engineering scam; XMR jumped as the attacker began converting the funds to Monero (www.theblock.co)
10 days ago Monero

Blockchain-based lender Figure unveils the On-Chain Public Equity Network to issue, trade, and lend stocks natively on a blockchain, not as tokenized replicas (www.theblock.co)
12 days ago Blockchain Equity

Project Eleven, which builds tools to prepare blockchains for post-quantum threats, raised a $20M Series A led by Castle Island at a $120M post-money valuation (www.theblock.co)
12 days ago Quantum

Bakkt agrees to acquire Distributed Technologies Research, the stablecoin infrastructure company founded by Bakkt CEO Akshay Naheta; BKKT closes up 18.69% (www.theblock.co)
15 days ago

Michael Saylor's Strategy bought 13,627 bitcoin for ~$1.25B between January 5 and 11, taking its total holdings to 687,410, and boosts its USD reserve to $2.25B (www.theblock.co)
15 days ago Bitcoin

The UK's FCA grants Ripple approval for its Electronic Money Institution license and crypto asset registration, clearing the way for UK expansion (www.theblock.co)
18 days ago Asset

China's central bank unveils an overhaul of its digital yuan framework, including saying that commercial banks will soon begin paying interest on holdings (www.theblock.co)
29 days ago China Central Bank

Coinbase agrees to acquire prediction markets startup The Clearing Company for an undisclosed sum; the startup was founded in 2025 and raised a $15M seed (www.theblock.co)
2025-12-23 Startup Coinbase

Hong Kong-based RedotPay, a fintech focused on stablecoin-based payments, raised a $107M Series B led by Goodwater Capital, bringing its total raised to ~$200M (www.theblock.co)
2025-12-17 Hong Kong Fintech

Exor rejects Tether's all-cash offer for its 65.4% controlling stake in Juventus, which valued the Italian soccer club at €1.1B (www.theblock.co)
2025-12-15 Italy

The US CFTC grants crypto exchange Gemini a DCM license, allowing it to launch its prediction markets platform Gemini Titan (www.theblock.co)
2025-12-11 CFTC

Michael Saylor's Strategy acquired 10,624 bitcoin for $962.7M between December 1 and 7, its largest purchase since July; its stock is down ~40% in 2025 (www.theblock.co)
2025-12-9 Bitcoin

Kraken launches a Mastercard-powered debit card with 1% cashback and multi-asset spending in the UK and EU as part of a global rollout of its Krak money app (www.theblock.co)
2025-11-26 Asset

SoFi launches SoFi Crypto, saying it's the first nationally chartered bank in the US to offer crypto trading to consumers (www.theblock.co)
2025-11-12

Lighter, which operates an Ethereum Layer 2 network and a decentralized exchange to support perpetual futures contracts, raised $68M at a ~$1.5B valuation (www.theblock.co)
2025-11-12 Ethereum Decentralize

Tether reports that it has generated profits of over $10B during the first three quarters of 2025 and it has issued an additional $17B in USDT during Q3 (www.theblock.co)
2025-11-1

Japanese fintech JPYC launches a yen-pegged stablecoin, the country's first, and its issuance platform JPYC EX, targeting $65.4B in circulation in three years (www.theblock.co)
2025-10-27 Japan Fintech

Pave Bank, which lets businesses manage both fiat and digital assets in real time, raised a $39M Series A led by Accel, with Tether and others participating (www.theblock.co)
2025-10-26 Asset

Tether, the world's largest issuer of stablecoins, says it has hit 500M users; the supply of USDT nears ~$182B while Circle's USDC has ~$75B in circulation (www.theblock.co)
2025-10-22

a16z Crypto invests $50M in Solana infrastructure provider Jito through a private token sale, likely one of a16z's largest crypto investments in recent years (www.theblock.co)
2025-10-17

Better Payment Network, a BNB Chain-based cross-border stablecoin payments network, raised a $50M seed led by YZi Labs, formerly known as Binance Labs (www.theblock.co)
2025-10-16

Coinbase invests in Indian crypto exchange CoinDCX to expand into India and the Middle East; CEO Sumit Gupta said the deal values CoinDCX at $2.45B post-money (www.theblock.co)
2025-10-15 India Coinbase

MetaMask launches in-app perpetual futures trading powered by Hyperliquid, and plans to integrate Polymarket's prediction markets later this year (www.theblock.co)
2025-10-9

Polymarket CEO Shayne Coplan says the startup raised two undisclosed rounds: $55M at a $350M valuation in 2024 and $150M at a $1.2B valuation earlier in 2025 (www.theblock.co)
2025-10-8 Startup

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