Author: John Smith

Kraken parent Payward has postponed its planned initial public offering until as early as the second quarter of 2027 after market conditions disrupted its previous listing schedule. Summary Payward may wait until at least the second quarter of 2027 to complete its IPO. The company confidentially submitted a draft S-1 registration statement in November 2025. Payward raised $800 million at a $20 billion valuation before filing with the SEC. Second-quarter adjusted revenue rose 17% to $508 million despite lower transaction volume. Kraken IPO timeline moves into 2027 As per reports on Wednesday, citing two people familiar with the matter, Payward…

Ondo Finance has asked US regulators to bring perpetual futures tied to individual stocks onshore after its offshore platform recorded $8 billion in cumulative trading volume within roughly six weeks. Summary Ondo says existing US security futures rules can cover perpetual contracts tied to individual stocks. Its Panama-based affiliate had processed $8 billion in cumulative volume by Aug. 14. Recurring funding payments keep the contracts close to the prices of their underlying shares. The SEC and CFTC are reviewing rules for onchain derivatives and tokenized securities. Ondo Finance, in three Aug. 24 comment letters to the Securities and Exchange Commission…

Coinbase has launched 23 perpetual and dated crypto futures for eligible Canadian investors, with leverage of up to 10 times on supported contracts. Summary Coinbase has opened 23 crypto futures markets to eligible sophisticated and institutional investors in Canada. The contracts cover Bitcoin, Ethereum, Solana, and 20 other digital assets. Traders can use nano-sized contracts and leverage of up to 10 times. Commodity and index futures linked to gold, silver, oil, and COIN50 are also available. Coinbase said eligible Canadian clients can access the new contracts through Coinbase Financial Markets, its futures commission merchant registered with the U.S. Commodity Futures…

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. Bitwise’s Solana ETF (BSOL) has seen net inflows exceeding $1 billion in less than a year.  Summary Bitwise’s Solana ETF has recorded $1.02 billion in net inflows, making BSOL the largest Solana ETF by size. SOL has not seen a comparable price increase despite the ETF inflows, with the promotional release citing continued caution among investors. EX DeFi claims some SOL holders…

Bitfinex Securities has listed five tokenized products tied to four publicly traded Bitcoin treasury companies and Strategy’s STRC preferred stock. Summary Five notes provide economic exposure to Strategy, Metaplanet, H100, Capital B, and STRC. ORO (II) issued the products with the underlying shares held by regulated custodians. Trading pairs include the U.S. dollar, USDT, and Bitcoin on the Liquid Network. Bitfinex Securities says its listed tokenized assets now exceed $500 million. Bitfinex Securities said in a Sept. 1 announcement shared with crypto.news that the five products are the first tokenized Bitcoin treasury securities admitted to secondary trading on a regulated…

Base has launched a Creator Grant Program offering independent creators up to $4,000 to produce content about the Ethereum layer 2 network, its ecosystem and builders. Summary Base is offering independent creators grants of up to $4,000 to produce content about its ecosystem and builders. Writers, streamers, recurring show hosts, video creators and educators producing content in their own languages can apply. Selected creators can receive access to Base builders and potential coverage through the network’s regional accounts. Emerging creators can qualify for separate Creator of the Week bounties worth up to $500. The program follows Base’s move away from…

Twenty One Capital CEO Raphael Zagury said Bitcoin is experiencing its first “hashrate bear market” as network computing power remains below its late 2025 record and listed mining companies redirect infrastructure investment toward artificial intelligence. Summary Raphael Zagury called Bitcoin’s prolonged computing power decline its first ever hashrate bear market publicly. Bitcoin hashrate fell roughly 22% to 24% from its late 2025 peak, presentation materials showed. Zagury said artificial intelligence creates a competing use for miners’ power capacity and infrastructure today worldwide. Public miners increasingly pursue AI computing, though several companies continue operating substantial Bitcoin mining fleets. Lower network hashrate…

Robinhood CEO Vlad Tenev renewed speculation about the company’s memecoin strategy on Sept. 1 by responding to an X post proposing “Memecoins on Robinhood.” Summary Tenev replied with an ear emoji to a post proposing memecoins on Robinhood for users. Robinhood has not announced any new memecoin listing, launch date, or expanded product offering publicly. Robinhood already offers Dogecoin, Shiba Inu, Pepe, Bonk and Dogwifhat to eligible American customers today. Robinhood Chain launched in July as an Ethereum Layer 2 designed primarily for tokenized assets. Arkham attributed Robinhood Chain’s recent fee surge largely to speculative decentralized exchange trading activity growth.…

ARK Invest and Glassnode published a joint study on Sept. 1 that found three entities could cross the measured block-production thresholds for both Bitcoin and Ethereum, while Solana required 19. Summary Bitcoin reaches its 51% hash-rate threshold through three mining pools, according to the joint report. Ethereum requires three staking entities to exceed 33%, although pooled delegation complicates direct control assumptions. Solana’s Nakamoto coefficient is 19, but nearly all measured infrastructure operates inside commercial data centers. Bitcoin’s infrastructure is comparatively dispersed, with 63% of measured nodes operating anonymously through Tor networks. Ethereum hosts roughly 49% of execution-layer nodes in clouds,…

Kast has launched a stablecoin-based business platform offering accounts, cards, transfers in more than 20 currencies, and returns of up to 8% APY across over 170 countries. Summary Kast Business combines fiat accounts, stablecoin deposits, virtual cards and local currency payouts. Companies can earn up to 8% APY on idle balances and receive up to 3% cashback. Kast operates as a fintech rather than a bank, using licensed partners for regulated services. The company plans to add between 1,000 and 5,000 active businesses by the end of 2026. Kast said its new KAST Business platform gives companies a single service…