Kraken enters proprietary trading with Breakout acquisition

Kraken enters proprietary trading with Breakout acquisition

The deal expands Kraken’s trading infrastructure push following its $1.5B NinjaTrader acquisition in May 2025. Kraken has stepped into proprietary trading with the acquisition of Breakout, a Tampa, Florida startup that backs traders with capital. In a Thursday announcement, crypto exchange Kraken announced the acquisition of Breakout, a startup that backs traders with up to…

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All filler, no pillar: Why blockchain cities fail

All filler, no pillar: Why blockchain cities fail

Regulations, hype cycles and pie-in-the-sky promises have scuppered blockchain city projects across the globe… but one has succeeded. The blockchain industry has long strived to build its “city on a hill” — idealistic communities where blockchain provides a foundation and code is law. But they’ve not always panned out, as regulations, unrealistic expectations and other…

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XStocks launches on Ethereum with 60 tokenized stocks, including Nvidia and Tesla

XStocks launches on Ethereum with 60 tokenized stocks, including Nvidia and Tesla

Tokenized equities have not been without controversy as global regulators and stock exchanges have pushed back against this new use of blockchain technology. XStocks, a tokenized stock product owned by Backed Finance, is launching on Ethereum with about 60 tokenized stocks, including NVIDIA, Amazon, Tesla, Meta and Walmart, according to an announcement on Tuesday. Before…

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