Kraken Eyes 15% Aave Stake at $385M Valuation
Kraken's parent Payward would pay 35,000 ETH for 250,000 AAVE and a common equity stake, the first deal in a planned push into active DeFi investing ahead of its widely anticipated IPO.
Strategic partnerships, integrations, and M&A — exchange and protocol deals, and enterprise blockchain agreements.
Kraken's parent Payward would pay 35,000 ETH for 250,000 AAVE and a common equity stake, the first deal in a planned push into active DeFi investing ahead of its widely anticipated IPO.
Crypto M&A hit $9.37B across H1 2026, a 26x year-on-year surge, while active job listings collapsed to 2,932 as AI and compliance reshape the workforce and TradFi scoops up infrastructure.
Another appchain calls it: maintaining a rollup costs millions a year, and Sophon's team decided building the app is the better bet than running the chain underneath it.
The dispute centers on roughly 100 retroactive 'corrections' that allegedly flipped Kraken's profitable account into a $2M deficit, with parallel freezing orders already secured in Dubai.
The deal lands as the first global dollar stablecoin cleared for Japanese corporate use, and it ties USDC directly into Nomura's client onboarding, compliance stack, and existing banking rails ahead…
The deal vaults SBI past every rival in Japan's regulated crypto market on a single stroke, putting roughly $6.2B in customer assets behind one balance sheet.
SBI already runs a domestic crypto arm and backs several tokenised-asset initiatives, so taking Bitbank fully in-house consolidates a regulated retail venue under a balance sheet that regulators…
The structure is a revolving USDC line that lives entirely onchain, with Maple's lenders backing the credit and Kraken routing OTC borrowers into it.
Japan is the first major Asian market for Ripple's dollar stablecoin, and SBI VC Trade is the only on-ramp. Distribution is the gate now, not the approval.
The Deribit purchase vaulted Coinbase into the dominant global derivatives seat overnight, and management is already telling investors the pipeline is open for the next one.
Kalshi and Polymarket already cleared a category worth $130B+ in annual volume; Meta's edge is 3.56 billion daily users, yet its Reality Labs burn and Libra collapse mean the same scale that makes…
A stealth API layer sits between fintechs and DeFi protocols, letting wallets and asset managers offer yield products without building their own onchain plumbing.
The détente ends a shareholder fight tied to CEA's BTC-treasury pivot and gives the company's largest backer a formal seat at the table.
The withdrawal from Greece is a setback, but the bigger deadline is July 1, when MiCA's stablecoin and custody rules take full effect across the bloc.
The raise, led by Kraken's parent, lands as prediction markets are being repriced on the back of Kalshi's $22B valuation and a flood of sports-betting liquidity into the segment.
The platform argues the July 1 law will irreparably harm its federal-licensed operation, escalating a multi-front fight over who regulates sports-linked event contracts.
The arrangement lets Optimism run Ink's production stack while the Ink Foundation redirects engineering capacity to ecosystem growth and new financial products.
Project Pangea is the rare institutional pilot that names a real cross-border use case. The question is whether LINK captures any of the flow it helps clear.
The legacy exchange is reusing a decade-old playbook because prediction markets just proved retail will trade outcomes, not just prices.
Five senators want sworn testimony on whether a half-billion-dollar World Liberty Financial investment from an Abu Dhabi royal's lieutenants bought favorable U.S.