Articles from www.theblock.co

Articles from www.theblock.co

SoFi launches SoFi Crypto, saying it's the first nationally chartered bank in the US to offer crypto trading to consumers (www.theblock.co)
8 days ago

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)
9 days ago 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)
20 days ago

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)
24 days ago 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)
26 days ago 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)
30 days ago

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

Flying Tulip, founded by DeFi veteran Andre Cronje aiming to build a full-stack onchain exchange, raised a $200M seed at a $1B token valuation (www.theblock.co)
2025-9-30

RedotPay, which offers stablecoin cards and multicurrency wallets, raised $47M from Coinbase Ventures, Galaxy Ventures, and others at a $1B valuation (www.theblock.co)
2025-9-25 Coinbase

Bakkt shares jump 40%+ after naming Mike Alfred, the crypto veteran who co-founded Digital Assets Data, to its board (www.theblock.co)
2025-9-23 Asset

Tether names Bo Hines, the former Executive Director of the White House Crypto Council, as the CEO of its new US unit and launches USAT stablecoin (www.theblock.co)
2025-9-13

Forward Industries raised $1.65B via a private investment in a PIPE offering led by Galaxy, Jump, and Multicoin to start a Solana asset treasury strategy (www.theblock.co)
2025-9-8 Asset

Utila, which is building an “operating system for stablecoins”, raised a $22M Series A extension led by Red Dot, taking its total funding to $51M+ (www.theblock.co)
2025-9-3

WLFI, the token of Trump's World Liberty Financial, begins trading at ~$0.30 with a market cap of ~$7.5B; ~24.67% of its 100B supply is in circulation at open (www.theblock.co)
2025-9-2 Trump

The Ethereum Foundation pauses its grants program, which awarded $3M+ to 100+ projects since 2018, to rethink its spending strategy and reduce its burn rate (www.theblock.co)
2025-8-30 Ethereum

Google Cloud says its Universal Ledger, a layer-1 blockchain for financial products, is in a private testnet, and more details will be revealed at a later date (www.theblock.co)
2025-8-28 Blockchain Google

US Commerce Secretary Howard Lutnick says the US plans to publish GDP and economic data on the blockchain, but gave no details on the blockchain or timeline (www.theblock.co)
2025-8-27 Blockchain GDP

Wyoming launches a stablecoin, FRNT, marking the first time a US state has issued a blockchain-based, fiat-pegged token to be used by retail and enterprises (www.theblock.co)
2025-8-20 Blockchain Retail

Robinhood, in partnership with Kalshi, launches a sports prediction market on Robinhood Derivatives, letting users trade on pro and college football games (www.theblock.co)
2025-8-20

Arkham Intelligence: SpaceX now holds 8,285 bitcoin, valued at ~$1.02B, down from 28,000 bitcoin worth $1.8B in April 2021 after cutting its holdings in 2022 (www.theblock.co)
2025-8-14 Bitcoin Intelligence SpaceX

eToro reports Q2 crypto revenue up 17% YoY to $1.9B, assets under administration up 54% to $17.5B, and adjusted non-GAAP net income up 23% to $54.2M (www.theblock.co)
2025-8-13 Asset

Circle reports Q2 revenue up 53% YoY to $658M, USDC circulation up 90% YoY to $61.3B, a $482M net loss, and unveils Arc, a stablecoin-focused Layer-1 blockchain (www.theblock.co)
2025-8-12 Blockchain

Tether acquires a minority stake in MiCA-licensed Spanish crypto exchange Bit2Me and is leading a €30M funding round that will close in the coming weeks (www.theblock.co)
2025-8-8 Spain

Arkham Intelligence claims to have uncovered a previously undisclosed heist of 127,426 BTC, now worth ~$14.5B, from Chinese mining pool LuBian in December 2020 (www.theblock.co)
2025-8-7 China Intelligence

Coinbase adds Embedded Wallets to its Wallet SDK, letting developers integrate wallets into their apps with a few lines of code, with onramps and swaps support (www.theblock.co)
2025-8-7 Coinbase

The UK's Financial Conduct Authority plans to allow retail investors to access crypto exchange-traded notes, dubbed cETNs, on FCA-approved, UK-based exchanges (www.theblock.co)
2025-8-2 Retail

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