June 2025 – Page 18

DOJ Axes Crypto Unit as Trump’s Regulatory Pullback Continues

The U.S. Department of Justice (DOJ) axed its crypto unit on Monday, telling staff that the DOJ would be “narrowing” its crypto enforcement activities in accordance with U.S. President...

CoinShares Head of Asset Management Frank Spiteri Has Left the Company: Sources

Frank Spiteri, head of asset management at CoinShares (CS), left the crypto investment manager recently, according to two people with knowledge of the matter. His departure was not part...

Coinbase More Than Just Trading Platform, It’s ‘Mission-Critical’ for Crypto, Cantor Says

Coinbase (COIN) is more than just a crypto trading platform, Wall Street broker Cantor said in a research report Tuesday, initiating coverage of the stock. Cantor assumed coverage of...

Private Equity Giant Apollo Invests in Real-World Asset Platform Plume

Plume, a blockchain platform focused on real-world assets (RWAs), said on Tuesday it secured an investment from funds managed by private equity giant Apollo Küresel Management as it looks...

Centrifuge Taps Wormhole to Launch Multichain Tokenization Platform

Real-world asset tokenization platform Centrifuge has launched its latest upgrade, Centrifuge V3, in partnership with multichain messaging protocol Wormhole. The new system is designed to make it easier for...

Ex-Valkyrie CEO Leah Wald’s SOL Strategies Bought 24,000 SOL in March

SOL Strategies (HODL), a Canadian company running infrastructure on the Solana network, revealed it acquired 24,000 SOL tokens in March at an average cost of about C$199 ($139.8) each....

Ripple to Acquire Prime Broker Hidden Road for .25B, Expanding Institutional Push

Ripple to Acquire Prime Broker Hidden Road for $1.25B, Expanding Institutional Push

Ripple has agreed to acquire multi-asset prime brokerage firm Hidden Road for $1.25 billion, marking one of the largest M&A deals in the digital asset industry to date. CoinDesk...

XRP Could Hit .5 Before President Trump’s Term Ends: Standard Chartered

XRP Could Hit $12.5 Before President Trump’s Term Ends: Standard Chartered

XRP could rise to $12.50 before President Trump leaves office, investment bank Standard Chartered (STAN) said in a report on Tuesday initiating coverage of the Ripple-related token. Standard Chartered...

BoE’s Andrew Bailey Nominated to Lead G20-Crypto Supervisor FSB

Bank of England (BoE) governor Andrew Bailey has been nominated to be the next chair of the G20’s financial overseer, the Financial Stability Board (FSB). The FSB's Nomination Committee...

Lyzi Raises .4M to Expand Tezos-Based Crypto Payments Service for Retail

Lyzi Raises $1.4M to Expand Tezos-Based Crypto Payments Service for Retail

Tezos-based crypto payment hub Lyzi said it raised 1.3 million euros ($1.4 million) in a seed funding round to expand the development of its platform. The round included participation...