ATOM Surges 3% as Cosmos Ecosystem Gains Exchange Support

CryptoX Analytics is CryptoX’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CryptoX Analytics is undergoes human editing by CryptoX’s editorial team before publication. The tool synthesizes market data and information from CryptoX Data and other sources to create timely market reports, with all external sources clearly attributed within each article. CryptoX Analytics operates under CryptoX’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about…

UK-Based Fiinu Discloses £12M Purchase of Foreign Exchange Brokerage Firm Everfex

Fiinu has announced the proposed acquisition of foreign exchange brokerage Everfex P.S.A. in a transaction valued at up to £12 million. Under the terms of the agreement, Fiinu will issue 80 million new ordinary shares to Granicus Holdings O.Ü, the sole owner of Everfex, at a price of 10 pence per share, equating to an initial consideration of £8 million. An additional £4 million may be payable if Everfex meets certain performance targets after 1 January 2026. This further consideration would be settled via 20 million new Fiinu shares at…

SBI Holdings Proposes Bitcoin/XRP ETF for Tokyo Stock Exchange

Japan’s SBI Holdings said it plans to launch a bitcoin/ XRP exchange-traded fund (ETF) on the Tokyo Stock Exchange, but the launch is contingent on the Financial Services Agency approving cryptocurrency-linked investment trusts and ETFs. FSA’s Regulatory Review The Japanese financial services group, SBI Holdings, recently revealed its plan to launch a bitcoin/ XRP exchange-traded […] Source

Coinbase Stock Accelerates Dip As Crypto Exchange Announces $2,000,000,000 Debt Offering

The leading US-based crypto exchange by trading volume is experiencing a drop in stock value while it announces a $2 billion debt offering. Today, Coinbase Global (COIN) announced plans to offer $2 billion in convertible senior notes through a private placement to qualified institutional buyers. The offering, which is subject to market conditions, includes $1 billion in notes due by 2029 and another $1 billion due by 2032. Coinbase says it may also grant initial purchasers options to buy up to an additional $150 million of each series within 13…

MEXC Becomes Shareholder in $200M Triv Crypto Exchange

Key Notes MEXC Ventures is now a shareholder in Triv, following a strategic investment. The move is part of MEXC’s expansion strategy for the Southeast Asia region. The Finance Ministry of Indonesia hinted at the coming of a significant policy shift on cryptocurrency taxes. MEXC Ventures, the investment arm of crypto exchange MEXC, has earned a stake in Indonesia-based Triv following a strategic investment in the trading platform. Though the specific valuation of the investment was not disclosed, it is worth noting that the move is part of MEXC’s expansion…

Peter Thiel-Backed Crypto Exchange Bullish Files for $4,230,000,000 IPO: Report

A crypto exchange backed by billionaire investor Peter Thiel is seeking to file for an initial public offering (IPO) worth over $4.2 billion. According to a new Reuters report, the billionaire-backed Bullish is targeting a $4.23 billion valuation for its upcoming US IPO. Bullish reportedly plans to invest many of the IPO funds in US-dollar-backed stablecoins. Bullish plans to offer 20.3 million shares priced between $28-$31, seeking up to $629 million. The news comes on the heels of another Thiel-backed firm, BitMine, announcing that it has accumulated over $3 billion…

Peter Thiel-backed Bullish Exchange Targets $4.2B Valuation in Second IPO Bid

Key Notes The exchange targets a $4.2 billion valuation, significantly lower than its abandoned $9 billion goal from 2021. Major underwriters including JP Morgan and Citigroup will help convert substantial IPO proceeds into stablecoins. This offering follows Circle’s successful $1.05 billion IPO amid growing crypto-friendly US regulatory environment. Bullish, a cryptocurrency exchange based in the Cayman Islands, looks to raise $629.3 million through an initial public offering (IPO) in the US. The company backed by billionaire Peter Thiel, intends to trade under the symbol “BLSH,” and will offer 20.3 million…

Crypto Exchange Bullish Targets Up to $629M in NYSE IPO, Backed by BlackRock and ARK

Crypto firm Bullish plans IPO that could raise up to $629 million, joining a growing list of blockchain companies seeking capital as regulatory sentiment shifts in their favor, Coindesk reported. The company has filed to list 20.3 million shares on the New York Stock Exchange under the ticker “BLSH” at a price range of $28 to $31. At the top of that range, the offering would be valued Bullish at approximately $4.2 billion, according to its updated F-1 filing with the U.S. Securities and Exchange Commission. The IPO includes an…

Backpack Exchange Integrates Sei Network for Enhanced Blockchain Accessibility

Tony Kim Aug 02, 2025 02:48 Backpack Exchange integrates Sei Network, enhancing digital asset interaction with an ultra-fast Layer 1 blockchain. This move aims to improve user experience and accessibility in crypto trading. Backpack, a prominent crypto exchange and self-custodial wallet platform, has announced its integration with Sei Network, an ultra-fast Layer 1 blockchain. This development marks a significant step in enhancing the accessibility and efficiency of digital asset interaction, according to Sei’s official announcement. Enhancing User Experience The integration positions Backpack…

Crypto Exchange MEXC Targets Traders With New USDT-Settled Stock Futures

Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss…