Kraken Files for a $20B IPO While Insisting It’s “Not Racing to the Door”

Kraken has filed a confidential S-1 after raising $800M at a $20B valuation, positioning itself for a potential 2026 IPO. The move comes as U.S. crypto policy enters a rare window of regulatory clarity.

The ECB Is Preparing for the Wrong Stablecoin Crisis

The ECB fears a major stablecoin run could disrupt Europe’s financial stability. Yet history shows these crises start in crypto markets, not payment systems.

Why Did Bitcoin Drop Below $95K This Week? What’s Really Going On?

Bitcoin slipped under $95K this week as high rates, fading Fed cut hopes, and market outflows weighed on prices. Here’s what drove the downturn and what levels matter next.

Tether Commodity Lending Is Quietly Reshaping Global Trade Finance

Tether is shifting from easy interest on U.S. Treasuries to financing real-world commodity trades through a growing Tether commodity lending portfolio. That move could deepen USDT’s role in global trade while exposing the stablecoin to the boom-and-bust cycles of gold, oil and agriculture.

SEC’s Token Reset: Atkins Says Most Tokens Aren’t Securities — But Clarity Isn’t Here Yet

SEC Chair Paul Atkins introduced a four-tier token taxonomy and said most crypto tokens are not securities. But the shift is conceptual for now, as enforcement and existing rules still apply.

Polymarket’s U.S. Relaunch Rides on Google Finance and PrizePicks, Not Just Crypto Degens

Polymarket has reopened in the U.S. with a regulated beta that quietly onboards select users. Its odds are also now appearing in Google Finance and soon inside the PrizePicks app.

Circle Launches Arc Blockchain Testnet to Build a Regulated Infrastructure for Institutional Finance

Circle has launched the Arc blockchain testnet, a permissioned Layer-1 network for regulated financial institutions. With partners like BlackRock and Visa, the project positions Circle as an institutional infrastructure provider bridging traditional finance and Web3.

SoFi Becomes First U.S. National Bank to Offer In-App Crypto Trading

SoFi Bank has launched SoFi crypto trading, becoming the first U.S. national bank to offer crypto access directly inside its app. The rollout marks a milestone in regulated bank crypto integration, bridging fintech convenience with traditional banking trust.

CleanSpark Raises $1.15 Billion to Expand Bitcoin and AI Computing Power

Editorial illustration of a CleanSpark data center merging Bitcoin mining and AI servers after $1.15 billion convertible notes raise.

CleanSpark has raised $1.15 billion through convertible notes to finance new AI-ready data centers and power infrastructure, marking its biggest funding round to date. The deal signals a strategic shift as the Bitcoin miner transforms into a broader AI and high-performance computing provider.

From Listings to Launches: Coinbase Moves Upstream With a Regulated Token-Sales Platform

Coinbase’s new token-sales platform revives public access to early-stage crypto launches while enforcing strict compliance, lockups, and anti-flip rules.