Just over a month after SpaceX raised $85.7 billion in the largest IPO in history, its newly listed shares have fallen below the $135 offering price for the first time. Data from Yahoo Finance shows SPCX shares dropped to a post-listing low of $132.28 on Wednesday, marking
Crypto.com has raised $400 million from Citadel Securities, a deal that pegs the exchange's valuation at $20 billion. The investment from the prominent Wall Street market-making firm signals deepening ties between established financial players and the digital asset industry. Citadel Securities, known for its role in
JPMorgan analysts point to Strategy's expanded cash reserves and strengthening institutional demand in bitcoin futures as positive indicators for the cryptocurrency's near-term outlook. The bank noted that Strategy, one of the largest corporate holders of bitcoin, has bolstered its liquidity position, which analysts interpret as
Established asset manager T. Rowe Price has entered the digital asset space with a new exchange-traded fund offering investors exposure to Bitcoin and other cryptocurrencies. The launch reflects a broader trend of traditional financial institutions expanding their crypto-related product offerings amid growing client demand for regulated access to
Citadel Securities, the market-making firm founded by Ken Griffin, has committed $400 million to Crypto.com in what the exchange describes as its first institutional funding round, valuing the company at $20 billion. The capital injection signals growing convergence between traditional financial giants and cryptocurrency platforms, as established Wall
A London-listed company is asking shareholders to approve two resolutions that would authorize the sale of its entire Bitcoin treasury and remove the firm from public trading. Each resolution requires at least 75% of votes cast to pass, and if either fails, both the asset sale and the delisting
A group of Bitcoin venture capital veterans, with backing from prominent analyst Lyn Alden, has launched a $40 million holding company structured as permanent capital. The firm's strategy focuses on acquiring profitable small businesses and integrating them into a Bitcoin standard, meaning the acquired companies would hold Bitcoin
T. Rowe Price, a firm managing roughly $1.9 trillion in assets, has moved into the digital asset space with the launch of its TKNZ Active Crypto ETF. The fund began trading Thursday, following the firm's initial filing for the product in October. Unlike many existing crypto ETFs
Keyrock, a Brussels-based market-making and trading firm, has finalized its purchase of BlockFills' institutional trading and brokerage assets. The deal stems from BlockFills' Chapter 11 bankruptcy proceedings, in which Keyrock was earlier selected as the buyer for $3.25 million. The acquisition expands Keyrock's
ORANGE JUICE, a new investment venture backed by Bitcoin advocates Jeff Booth and Lyn Alden, has closed a $40 million fundraise to build a permanent capital firm. The company plans to use the capital to acquire operating businesses while implementing a bitcoin treasury strategy, holding the cryptocurrency on its balance
Fee-based revenue models allow asset managers to profit even when the underlying holdings decline, a dynamic now visible in BlackRock's crypto business. The world's largest asset manager generated $82 million from its digital-asset products in the first half of 2026, splitting into $42 million
Exchange outflow data often signals accumulation, as coins moving off trading platforms suggest holders intend to store rather than sell them. Ethereum has posted $478 million in net exchange outflows over the past seven days, a pace roughly five times above average, according to Nansen. This supply-side shift typically