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Kraken acquires $60B token platform Magna as IPO ambitions heat up Kraken’s parent company, Payward, has bought tokenization specialist Magna in a move that sharply strengthens the exchange’s infrastructure just as it quietly positions itself for a stock market debut. The acquisition comes on the heels of Payward confidentially filing paperwork with the U.S. Securities…

Hyperliquid is moving directly into the heart of U.S. policymaking with the launch of the Hyperliquid Policy Center (HPC), a dedicated think tank and advocacy hub based in Washington, D.C. The initiative is being financed by the Hyperliquid Foundation, which has committed 1 million HYPE tokens to the project – a war chest worth roughly…

Ledn has ushered Bitcoin-backed credit into the heart of traditional finance by completing what is reportedly the first rated securitization of consumer loans collateralized with BTC. The company has sold around 188 million dollars’ worth of asset‑backed securities (ABS) tied to its Bitcoin‑collateralized lending book into the United States bond market, according to people cited…

Binance amasses $47.5B in stablecoins as crypto cools: quiet accumulation before the next move? Stablecoin balances on Binance have ballooned to roughly $47.5 billion, even as spot prices across the crypto market look subdued. On-chain data from analytics platforms show that while trading sentiment appears muted, capital is clearly not leaving the ecosystem – it…

Steak ‘n Shake Sees Surging Sales After Embracing Bitcoin Payments American fast-food chain Steak ‘n Shake reports that its decision to accept Bitcoin has led to a sharp jump in same-store sales, underscoring how integrating cryptocurrency can translate into tangible business growth rather than just marketing buzz. According to an update shared on the company’s…

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