Hyperliquid Strategies’ inventory climbed 10.99% to $12.83 on Thursday after the treasury firm reported $305.5 million in web revenue for the fiscal 12 months ended June 30. PURR added one other 3.43% to $13.27 in after-hours buying and selling. The Nasdaq-listed agency completed the interval with 29.3 million HYPE tokens and $149.9 million in money….
Ripple has opened a Delta One buying and selling desk inside Ripple Prime, its prime brokerage arm. It lets institutional traders wager on the worth strikes of US-listed shares, main inventory indices, and crypto with out immediately proudly owning them. It places Ripple right into a enterprise dominated by Wall Street banks resembling Goldman Sachs…
Japan’s bond market is heading for a blockchain makeover. Nikkei reported this week that regulators need shares and Japanese authorities bonds (JGBs) to settle immediately, round the clock. While the nation has run blockchain pilots earlier than, this is the first time it has put dates on a nationwide rollout. Why Japan’s Bond Market is…
MicroStrategy raised $3.28 billion in August by promoting its personal inventory. It spent none of that cash on Bitcoin (BTC). The firm purchased {dollars} as an alternative, and is poised to shut the month with more money, fewer cash, and a heavier dividend invoice. What MicroStrategy Did With the Money Instead of Bitcoin Four weekly…
KPMG Australia will minimize 27 companions and about 360 workers, roughly 5% of its workforce, as income slips and the agency absorbs the fallout from allegations that it misused confidential shopper data. Chief Executive John Sams mentioned many of the affected roles are in the consulting arm, the place shopper demand has weakened. The agency…
Bitwise Asset Management took in greater than $1.8 billion of recent cash in the primary half of 2026, chief govt Hunter Horsley stated Sunday. Crypto costs fell by way of most of it. Tom Lee known as the end result excellent. However, the cash didn’t chase costs, as three of the 4 Bitwise product traces…
An investor can promote a share in Morgan Stanley’s new Ethereum Trust throughout market hours. The belief might have weeks, or months throughout a confused queue, to free a few of the Ether (ETH) behind it. Why such a big timing hole? The crypto exchange-traded product, or ETP, holds ETH behind shares that commerce on…
Bitcoin (BTC) pushed in opposition to $65,000 on Tuesday. At the identical second, two Wall Street giants deepened their dedication. BlackRock repeated its name for a 1-2% portfolio allocation, and Citi confirmed its Bitcoin custody service will arrive this yr. The timing is hanging. Bitcoin nonetheless sits about 50% beneath its October 2025 peak, but…
Jane Street disclosed a $990 million bitcoin (BTC) exchange-traded fund (ETF) place in a Securities and Exchange Commission (SEC) submitting. The submitting, dated June 30, reveals its largest stake in BlackRock’s iShares Bitcoin Trust (IBIT). The submitting landed the identical week Jane Street confirmed a $15 billion buying and selling loss in July. The quantitative…
Two Abu Dhabi sovereign funds misplaced $118 million on their BlackRock Bitcoin ETF place final quarter. Neither bought a single share, new SEC filings present. Mubadala Investment Company and the Abu Dhabi Investment Council collectively reported 22.94 million shares of the iShares Bitcoin Trust (IBIT) on June 30. That stake was value $764 million, down…