BlackRock pushes deeper into DeFi with Ethena integration, sending ENA up 8%
Summary BlackRock, the world’s largest asset manager, will integrate crypto protocol Ethena’s yield-generating token USDe
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
Summary Bernstein said vertically integrated prediction market platforms are setting the stage for increased M&A
Tom Lee blames crypto weakness on quarter-end ‘window dressing’ as Bitmine adds another $43 million of ETH
Summary Bitmine Immersion Technologies purchased 27,084 ether last week for about $43 million, lifting its
JPMorgan sees limited institutional demand for perpetual futures
Summary JPMorgan said its client checks found little institutional interest in perpetual futures beyond speculative
FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
Summary FundBank has rebranded as IRACE Digital and acquired Cayman Islands-based Tenet Bank. The deal
Crypto exchange BitMEX removes CEO, CFO and head of growth
Summary Bitmex CEO Stephan Lutz, chief financial officer Ina Steiner, and chief growth officer Raphael
SBI’s $289 million Bitbank deal is symptomatic of Japan’s crypto consolidation: Architect Partners
Summary Architect Partners said SBI is buying regulated scale, not earnings, as Japan’s tougher rules
Crypto’s next frontier isn’t crypto, it’s financing AI and robotics, Framework’s Anderson says
Summary Framework Ventures sees blockchain becoming a financing layer for AI compute, robotics and energy
Tether putting $23 billion gold stockpile to work with bullion-backed loans
Summary Tether and Ledn are expected to offer gold-backed loans later this year. The move
Coinbase and OKX try to lure in Binance’s EU users after it failed to secure a MiCA license
Summary Coinbase and OKX moved quickly to court Binance’s European users after Binance said it
