Crypto broker FalconX acquires majority stake in Monarq — Report

Crypto broker FalconX acquires majority stake in Monarq — Report

FalconX has made other moves in 2025, acquiring derivatives startup Arbelos Markets and partnering with Standard Chartered. Crypto prime broker FalconX has reportedly acquired a majority stake in Monarq Asset Management’s parent company, previously owned by bankrupt exchange FTX. According to a June 2 report from Bloomberg, the move seeks to expand the firm’s institutional…

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Robinhood completes 0M acquisition of crypto exchange Bitstamp

Robinhood completes $200M acquisition of crypto exchange Bitstamp

Robinhood has acquired the world’s longest-running crypto exchange, Bitstamp, for $200 million, expanding its institutional crypto offerings to Europe, the UK and Asia. Robinhood Markets, Inc. has closed a $200 million acquisition of Luxembourg-based crypto exchange Bitstamp, adding over 50 licenses and registrations and an established institutional client base to its crypto arm. The $200…

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SEC faces criticism over crypto staking shift

SEC faces criticism over crypto staking shift

Critics say the US regulator’s new stance on crypto staking contradicts past enforcement efforts and court rulings, deepening confusion over how digital assets are regulated. The US Securities and Exchange Commission (SEC) is facing mounting criticism from current and former officials over its evolving stance on crypto staking services.  On May 29, the SEC’s Division…

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Tether debuts omnichain gold stablecoin on TON

Tether debuts omnichain gold stablecoin on TON

The XAUt0 token will compete with other gold-backed stablecoins and traditional gold investment instruments. Tether announced a partnership with the TON Foundation to debut an omnichain version of its gold stablecoin XAUt (XAUT) on The Open Network (TON), in an effort to expand the token across ecosystems. The new token, “XAUt0,” was built on LayerZero’s…

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VC Roundup: Twenty One investors inject 0M into BTC treasury, Jump Capital backs Securitize

VC Roundup: Twenty One investors inject $100M into BTC treasury, Jump Capital backs Securitize

Twenty One Capital, Securitize, aZen, Savea and Dexari headline a less active month for crypto venture capital. May was a quieter month for crypto venture capital, but notable raises by tokenization platforms and a Hyperliquid wallet indicate that dealmaking remains active.  Perhaps the biggest development was the ongoing momentum for Twenty One Capital, the Bitcoin…

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Metaplanet becomes 9th largest Bitcoin holder with 7M buy

Metaplanet becomes 9th largest Bitcoin holder with $117M buy

Metaplanet now ranks as the ninth-largest corporate Bitcoin holder with over 8,888 BTC, surpassing Galaxy Digital after a $117.9 million purchase. Japanese investment company Metaplanet has become the world’s ninth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia. The company acquired an additional 1,088 Bitcoin (BTC) at an average…

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UK-listed IG Group launches crypto trading to retail investors

UK-listed IG Group launches crypto trading to retail investors

The new launch expands IG’s existing cryptocurrency offering, as the company has previously offered crypto-based contracts for difference. IG Group, a United Kingdom-listed trading and financial services company, is launching cryptocurrency trading to retail investors, expanding its footprint in the digital assets space. IG customers can now access 31 crypto assets, including Bitcoin (BTC), Ether…

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