Tag: Exchange

Thailand’s Bitkub Exchange Considers Hong Kong IPO: Report

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Bitkub, Thailand’s biggest cryptocurrency exchange, is considering an initial public offering (IPO) abroad amid a downturn in the local stock market. Bitkub is planning to raise $200 million as part of a potential IPO in Hong Kong, Bloomberg reported on Monday, citing unidentified sources familiar with the matter. Founded in 2018, Bitkub trades about $66 million daily, according to CoinGecko data. The exchange had considered an IPO in Thailand, targeting a public launch in 2025, which has reportedly been stalled because of volatility and uncertainty in the Thai stock market.…

Bitcoin Exchange Inflow Hits $2 Billion As Profit-Taking Phase Lingers

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After days of intense bearish action, the price of Bitcoin appears to be entering a calmer state, as it recovers above the $86,000 level. The latest on-chain data shows that several investors tried to take some profit in the past week, providing a basis for the premier cryptocurrency registering a double-digit loss.  Bitcoin Exchange Inflow Spikes As Price Faces Downward Pressure  In a recent post on the social media platform X, crypto analyst Ali Martinez revealed that significant Bitcoin amounts were sent to centralized exchanges in the past week. Data…

Arkham Exchange Partners with MoonPay to Simplify Crypto Trading Access

Key Notes MoonPay announced multiple partnerships within 24 hours, including deals with Zengo Pro and Haha Wallet for onramp services. Arkham Exchange launched in November 2024 with $12 million in funding from investors including OpenAI’s Sam Altman. The partnership demonstrates sector resilience despite Bitcoin trading at $85,094 amid a broader cryptocurrency market downturn. Arkham Exchange has partnered with MoonPay to integrate fiat-to-crypto on and offramps, bringing simplified funding methods to the exchange’s userbase. Users with access can deposit funds to the Arkham Exchange via all of the payment methods supported…

Secret Exchange Inside HTX Linked to $10B Scam Network

Key Notes The nested exchange setup allowed the lesser-known platform to hide behind HTX. Kyrrex reportedly processed $10 billion in illegal transactions since 2022. Some investors are now suing Kyrrex for over $11 million. Investigators found that the exchange Kyrrex operated inside a larger exchange, HTX, and handled wallets linked to hackers, fraudsters, sanctioned actors and criminal networks. According to a report by the International Consortium of Investigative Journalists, “dozens of investors” have lost roughly $6.5 million through Kyrrex-controlled wallets. The investigative report found that the Kyrrex exchange was registered…

Crypto Exchange Kraken Submits Confidential US IPO Filing

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Kraken, the US cryptocurrency exchange headquartered in Wyoming, announced the confidential filing of a draft registration statement for a proposed initial public offering, following months of speculation among many in the cryptocurrency and blockchain industry. In a Wednesday notice, Kraken said it had confidentially submitted a Form S-1 with the US Securities and Exchange Commission for a proposed IPO of its common stock, setting the groundwork for the company to go public. Kraken noted that the IPO was still subject to review by the SEC, which recently returned to full…

Crypto Exchange Kraken Raises $800M at $20 Billion Valuation – SuperCryptoNews

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Cryptocurrency exchange Kraken has announced a massive $800 million funding raise, valuing the company at a staggering $20 billion. The capital infusion is earmarked to accelerate the company’s core mission: bringing traditional financial markets onto blockchain infrastructure and driving global expansion. The funding was split into two tranches. The main investment round was led by a powerful group of institutional investors, including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital. A significant follow-on investment of $200 million came from market-making powerhouse Citadel Securities, cementing a…

Interactive Brokers Adds Taiwan’s Taipei Exchange, Expanding Global Trading Options

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TMGM Broker Review 2025: Regulation, Platforms & Trading Conditions Explained | Finance Magnates TMGM Broker Review 2025: Regulation, Platforms & Trading Conditions Explained | Finance Magnates TMGM Broker Review 2025: Regulation, Platforms & Trading Conditions Explained | Finance Magnates TMGM Broker Review 2025: Regulation, Platforms & Trading Conditions Explained | Finance Magnates TMGM Broker Review 2025: Regulation, Platforms & Trading Conditions Explained | Finance Magnates TMGM Broker Review 2025: Regulation, Platforms & Trading Conditions Explained | Finance Magnates In this video, we take a closer look at TMGM (Trademax Global…

Exchange Giant Cboe Global Markets To Roll Out Perpetual-Style Bitcoin and Ethereum Futures in December

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The derivatives and securities exchange giant Cboe Global Markets is rolling out “perpetual-style” futures contracts for Bitcoin (BTC) and Ethereum (ETH) next month. Cboe says its new “Continuous Futures” products, which are still subject to regulatory review, will have 10-year expirations at listing and daily cash adjustments, mimicking perpetual exposure. Rob Hocking, the global head of derivatives at Cboe, says the continuous futures contracts are designed to allow customers to trade a perpetual-like product, typically traded offshore, in a US-regulated environment. “The structure of Cboe’s Continuous Futures is designed to…

Singapore Exchange Debuts Bitcoin, Ether Perpetual Futures For Institutions

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Singapore’s main derivatives exchange will introduce two new cryptocurrency futures products this month, citing rising institutional interest in digital assets. SGX Derivatives is launching Bitcoin (BTC) and Ether (ETH) perpetual futures, which are financial derivatives contracts enabling investors to bet on the spot price of the underlying asset without an expiration date. In a Monday announcement, SGX said it is launching new trading products to meet what it describes as the “rising institutional crypto demand, converging TradFi and crypto-native ecosystems.” The perpetual contracts will launch for trading on Nov. 24.…

Institutions in Asia Can Now Trade Crypto Perpetual Futures on SGX’s Cleared Exchange

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Singapore Exchange has launched Bitcoin and Ethereum perpetual futures through its SGX Derivatives unit. The contracts, set to start trading next week, offer continuous, no-expiry exposure to digital assets while operating within a regulated, exchange-cleared framework. The move aims to bring institutional-grade standards of clearing and margining to crypto derivatives in Asia. Digital assets meet tradfi in London at the fmls25 In 2013, SGX was authorized by the U.S. Commodity Futures Trading Commission as the first Asian derivatives clearing organization. This established SGX’s regulated clearing capabilities, supporting its expansion into…