Frank Spiteri, head of asset management at CoinShares (CS), left the crypto investment manager recently, according to two people with knowledge of the matter. His departure was not part of a wider cull at the Saint Helier, Jersey-based company, which is currently
Coinbase (COIN) is more than just a crypto trading platform, Wall Street broker Cantor said in a research report Tuesday, initiating coverage of the stock. Cantor assumed coverage of the crypto exchange with an overweight rating and a $245 price target. In
Frank Holmes has had a long career as a money manager: financing gold mining companies; getting involved in the creation of gold royalty companies; developing financial products for the airline industry — all of this with U.S. Global Investors (GROW), the publicly-traded
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2309.92, up 2.5% (+55.35) since 4 p.m. ET on Monday. Nineteen of the 20 assets are
Plume, a blockchain platform focused on real-world assets (RWAs), said on Tuesday it secured an investment from funds managed by private equity giant Apollo Global Management as it looks to scale up its infrastructure and bring more traditional financial products on-chain. The
Real-world asset tokenization platform Centrifuge has launched its latest upgrade, Centrifuge V3, in partnership with multichain messaging protocol Wormhole. The new system is designed to make it easier for fund managers and investors to manage tokenized assets across multiple blockchains using a
SOL Strategies (HODL), a Canadian company running infrastructure on the Solana network, revealed it acquired 24,000 SOL tokens in March at an average cost of about C$199 ($139.8) each. The purchase, worth around $3.37 million, brought the firm’s total SOL holdings to
Ripple has agreed to acquire multi-asset prime brokerage firm Hidden Road for $1.25 billion, marking one of the largest M&A deals in the digital asset industry to date. CoinDesk reported that Hidden Road was in active takeover talks last week. Hidden Road
XRP could rise to $12.50 before President Trump leaves office, investment bank Standard Chartered (STAN) said in a report on Tuesday initiating coverage of the Ripple-related token. Standard Chartered predicts that XRP will reach $5.50 by the end of this year, $8
Tezos-based crypto payment hub Lyzi said it raised 1.3 million euros ($1.4 million) in a seed funding round to expand the development of its platform. The round included participation from angels investors Christopher Grilhault des Fontaines, founder of Dfns, and Jean-Luc Bernard,