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Crypto startups scaring away VCs with 80x valuations: 10T Holdings


Too many crypto startups are pricing themselves out of venture capital funding by chasing valuations far exceeding their revenues, according to Dan Tapeiro, the CEO of crypto-focused venture capital firm 10T Holdings.“For some reason, founders and CEOs think that they should be raising...

Robinhood to acquire Canada’s WonderFi for $179M in global crypto push


Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for approximately 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence.The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 press...

Robinhood to acquire Canada’s WonderFi for $179M in global crypto push


Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for about 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence.The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 news release.WonderFi...

Animoca eyes New York listing, cites Trump’s crypto-friendly stance


Hong Kong-based Animoca Brands is preparing for a listing in New York, citing US President Donald Trump’s relaxed regulatory stance on digital assets as a window of opportunity to enter the world’s biggest capital market.Animoca executive chair Yat Siu told the Financial Times that...

NYC Mayor doubles down on crypto push ahead of city summit


New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans.In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie...

Blackrock Discusses Crypto Regulation With SEC to Push Urgent Rule Overhaul


Blackrock is pushing a bold crypto rule revamp at the SEC, spotlighting urgent reforms for staking, tokenization, and ETPs to reshape digital asset market regulation. Blackrock’s Crypto Playbook Drops—SEC Pressured to Rethink Digital Asset Regulation Blackrock, the world’s largest asset manager...

Bitwise Taps 100K Advisors to Push Active Crypto Strategies


Bitwise taps Icapital’s 100,000-strong advisor network to launch high-octane crypto strategies built for alpha generation, redefining institutional access to the digital asset frontier. Bitwise Leverages Advisor Army to Roll out Next-Gen Crypto Playbook Global crypto asset manager Bitwise Asset...

Visa invests in stablecoin payment platform BVNK amid pro-crypto push


Payments behemoth Visa has invested in BVNK, a London-based startup focused on stablecoin payment infrastructure, signaling continued interest in digital asset innovation.According to a May 7 BVNK announcement, the startup “secured a strategic investment from Visa through their Visa Ventures...

Visa invests in stablecoin payment platform BVNK amid pro-crypto push


Payments behemoth Visa has invested in BVNK, a London-based startup focused on stablecoin payment infrastructure, signaling continued interest in digital asset innovation.According to a May 7 BVNK announcement, the startup “secured a strategic investment from Visa through their Visa Ventures...

Trump Endorses Senator’s Push for US to Amass Bitcoin Reserves


Sen. Cynthia Lummis (R-WY) declared this week she is “particularly pleased” with President Donald Trump’s endorsement of her proposed strategic bitcoin reserve, a plan she claims will tackle the national debt and solidify U.S. dominance in financial innovation. ‘America Must Lead’ on Bitcoin, Says...

From digital identity to outer space: Projects push crypto use cases


As the crypto space developed, blockchain use cases expanded from simple digital currencies and non-fungible tokens (NFTs) to more complex areas such as digital identity verification and telecommunications. Ahead of the Token2049 event in Dubai, Cointelegraph spoke with Spacecoin CEO Stuart...

From digital identity to outer space: Projects push crypto use cases


As the crypto space developed, blockchain use cases expanded from simple digital currencies and non-fungible tokens (NFTs) to more complex areas such as digital identity verification and telecommunications. Ahead of the Token2049 event in Dubai, Cointelegraph spoke with Spacecoin CEO Stuart...

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