Everything web3, crypto, defi, degen
In brief BlackRock’s Ethereum ETF (ETHA) became the third-fastest ETF to reach $10 billion in assets, achieving the milestone in 251 days despite initial lukewarm reception compared to Bitcoin ETFs. MicroStrategy is raising up to $2.5 billion through a new preferred stock offering to buy more Bitcoin while facing class-action lawsuits over previous stock offering…
In brief OSL Group is raising HK$2.36 billion (US$300 million) through new share issuance. About $90 million is earmarked for stablecoin and payment infrastructure. Observers say the move positions OSL to capitalize on early demand for compliant stablecoin rails in Asia. OSL Group, Hong Kong’s first licensed digital asset exchange, said Friday it will raise…
Kraken is pleased to announce the acquisition of the popular charting and trading platform Cryptowatch (https://cryptowat.ch) – used by thousands of traders to chart over 150 markets in real-time and trade up to 22 digital assets through a highly user-friendly interface. Cryptowatch has seen rapid growth in the past two years, increasing its active user-base…
Global digital asset exchange Kraken is pleased to announce the acquisition of the award-winning wallet funding service Glidera (https://www.glidera.io). Chicago-based Glidera is the world’s first non-custodial buying and selling service for wallets that has grown quickly since its launch in 2015 to integrate with 10 of the top bitcoin wallets. The terms of the deal…
Less than six months after acquiring both Coinsetter and Cavirtex in a landmark deal, we are pleased today to announce the acquisition of CleverCoin, one of the first Netherlands-based bitcoin exchanges. The addition of CleverCoin cements Kraken’s position as the undisputed leading exchange in Europe with the arrival of thousands of new clients, while other…
We are pleased to announce the appointment of renowned international lawyer, venture capitalist and fintech advisor Edward M. Stadum as General Counsel, reporting to CEO Jesse Powell. With five decades of legal experience, Stadum will offer specialist advice in Kraken’s cryptocurrency domain, with particular emphasis on best business practices, corporate governance, finance, acquisitions, strategy, technology…
We are pleased to announce an investment from Money Partners Group, one of Japan’s leading foreign exchange brokerages, in the Kraken Series B round of financing. Tokyo-based Money Partners Group is listed on the 1st Section of the Tokyo Stock Exchange and holds a current market cap of over ¥29 billion, or over $260 million…
Today global bitcoin exchange Kraken announced a multi-million dollaragreement with SBI Investment, one of Japan’s leading and most respectedventure capital firms, to invest in and lead the Series B round offinancing in Kraken. SBI Investment is the venture capital arm of SBIHoldings, the world’s first Internet-based financial conglomerate. Theterms of the deal were not disclosed.…
Acquiring Coinsetter and Cavirtex We are pleased to announce that we are acquiring major exchanges Coinsetter and Cavirtex. NYC-based Coinsetter, founded in 2012, is one of America’s most prominent national bitcoin exchanges, and Cavirtex, founded in 2011, is Canada’s first bitcoin exchange with the highest historical trading volume. These two acquisitions set the stage for…
