Everything web3, crypto, defi, degen
In brief Figure shares closed 24% above their IPO price at $31.11 on Thursday. The company uses a blockchain-based platform to facilitate loans. Analysts foresee the IPO advancing tokenization narratives in the mainstream. Figure Technologies shares closed above its initial offering price on Thursday, the latest indication of investors’ interest in crypto-native firms on Wall…
In brief Figure Technologies and its investors raised $787.5 million through its IPO. It is among several crypto firms that have debuted on Wall Street this year. The market cap of Figure’s tokenized HELOC loans is $12.5 billion. Blockchain lender Figure Technologies was set to begin trading on the Nasdaq on Thursday under the ticker…
In brief Tokenized Pokémon cards are having a moment. Some developers think that the NFTs can serve as collateral in DeFi. Leading tokenized cards platform Courtyard isn’t exploring that, according to its CEO. A pseudonymous developer in Canada knows that his project’s target demographic cares little about crypto or decentralized finance. For the most part,…
In brief Multiliquid CEO Will Beeson has argued yield is important for stablecoins to scale in a competitive market. The GENIUS Act banned issuers from paying interest but leaves openings for third-party arrangements. Banks have warned loopholes could drive trillions in deposits out of the U.S. banking system. The clash between Wall Street and the…
September 4, 2025 | Asset Listings We’re thrilled to announce that ZIG is available for trading on Kraken! Funding and trading ZIG trading is live as of September 4, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief Renewed interest in tokenized Pokémon cards is being driven by a cryptocurrency’s debut. The Solana-based project adds a new dimension to their on-chain presence. Physically-backed Pokémon card NFTs have primarily existed on Polygon. Tokenized Pokémon cards are seeing renewed interest lately, partly due to the recent debut of a token for a Solana-based…
WLFI LAUNCHES AT $25BN, BTC HOVERS AT $110K, PUMP OUTPERFORMSBTC hovers around $110k despite gold ATH. BTC whale continues to move to ETH. WLFI launches at $25bn, to buyback coin with revenue. HYPE hits ATH for monthly fees at $100m. TRON cuts network fees 60%. Metaplanet buys $112m BTC. Devs intro mechanism to tokenize burned…
SOL STRONG, NVIDIA EARNINGS MIXED, CRO UP 50% ON TRUMP DEALSOL continues to lead majors, at key resistance. CRO up 50% after Trump Media partnership. Aave launches horizon RWA platform. CFTC to use NASDAQ surveillance system for crypto. Circle & Tether mint $1.25b more stables. Jupiter launches lending protocol.
In brief TRIO and Swarm Markets launched tokenized gold bars on Bitcoin via the Ordinals protocol. The tokens trade like other Ordinals, but redemption requires KYC through Swarm’s compliance process. The project follows TRIO’s support for Runestone and Spartacus, which published the Afghan War Logs on-chain. Gold bars have landed on Bitcoin. A new token…
Blockchain lender Figure Technologies may be joining the sizable list of firms in the industry making an initial public offering (IPO) in 2025.Figure filed the initial paperwork for an IPO earlier this week, reporting a 22% revenue surge to $191 million in the six months ending June 30, 2025 with a net income of $29.1…
