Crypto’s billions are back, but the premiums aren’t

Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their once-high valuations. Crypto companies are raising billions again, but investors are no longer handing out premiums indiscriminately. Kalshi is reportedly seeking $1 billion at a $40 billion valuation, nearly twice what it was worth in May….

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Crypto’s billions are back, but the premiums aren’t

Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their once-high valuations. Crypto companies are raising billions again, but investors are no longer handing out premiums indiscriminately. Kalshi is reportedly seeking $1 billion at a $40 billion valuation, nearly twice what it was worth in May….

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71% of UK finance leaders expect tokenization to reshape financial services: Lloyds

A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance. Nearly three-quarters of major UK financial institutions expect tokenization to reshape financial services, as banks and asset managers increasingly explore blockchain-based infrastructure for payments, settlement and liquidity management. The finding…

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Community banks sue OCC over trust bank charters of crypto firms

Community banking group’s lawsuit claims OCC has overstepped its mandate from Congress. A community banks group sued a US bank regulator, claiming its decision to allow cryptocurrency companies to obtain limited national trust bank charters exceeds the authority Congress granted the agency. The Independent Community Bankers of America (ICBA) filed the suit Friday in the…

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Community banks sue OCC over trust bank charters of crypto firms

Community banking group’s lawsuit claims OCC has overstepped its mandate from Congress. A community banks group sued a US bank regulator, claiming its decision to allow cryptocurrency companies to obtain limited national trust bank charters exceeds the authority Congress granted the agency. The Independent Community Bankers of America (ICBA) filed the suit Friday in the…

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