The company is initially offering perpetual futures on real-world assets including oil, silver, copper and gold. www.coindesk.com
Funding
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Markets
Zerohash pursues new funding at more than $1.5 billion valuation after Mastercard drops investment plans
by shayaanby shayaanCrypto infrastructure providers are drawing renewed investor interest as Wall Street deepens its push into digital assets. www.coindesk.com
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Markets
Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO
by shayaanby shayaanThe crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and stablecoins while laying the …
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Balcony, a company applying blockchain technology to real estate transactions, has raised $12.7 million in a seed funding round led by Blockchain …
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Markets
The great derivatives disconnect: Why 'negative' funding is actually a bullish signal for Bitcoin
by shayaanby shayaanPanelists are split on the four-year cycle’s relevance, with year-end price targets varying widely from potentially not reaching a new high to …
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Smart Contracts
Bitcoin’s $81K Rally Comes Amid 66-Day Negative Funding Streak: Here’s Why
by shayaanby shayaanIn short Bitcoin’s 30-day average funding rate has been negative for 66 days – the longest streak this decade – while shorts …
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Long bias from the largest perpetual traders on Hyperliquid has built steadily through February, March and April, with the position now leaning …
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DeFi
Cardano builder seeks smaller funding slice of $46.8 million for scaling and Bitcoin DeFi
by shayaanby shayaanInput Output, the private engineering company that built and continues to develop the Cardano blockchain, is seeking about half the funding it …
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Bybit has led an $8 million Series A funding round in Hata, a dual-licensed digital asset exchange operating in Malaysia. The round …
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Finance
JPYC Stablecoin Secures Pivotal $18.1M Series B Funding for Japanese Web3 Expansion
by shayaanby shayaanTOKYO, Japan – The Japanese yen-pegged stablecoin, JPYC, has successfully raised 2.8 billion yen, equivalent to $18.1 million, in a pivotal Series …