May, 2025

May, 2025

FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
FalconX plans to integrate Standard Chartered's banking infrastructure to improve cross-border settlements for global institutional clients....

US spot Bitcoin ETFs log $96 million in net outflows after hitting peak cumulative inflows
The crypto market continued its rally, with Bitcoin rising 1.4% and Ethereum gaining 8.9% in the past 24 hours....

Synthetix proposes $27 million token swap to acquire options protocol Derive
Synthetix aims to integrate Derive's treasury and products — including options, perpetuals, and structured products — into its ecosystem....

DeFi Development Corp adds 172,670 SOL, boosting total holdings over $100 million
The Nasdaq-listed firm said it purchased 172,670 SOL, boosting its total holdings to 595,988 SOL, worth about $102.7 million....

Etoro prices Nasdaq debut at $52, surpassing expectations
The crypto and equities trading platform had previously targeted an initial public offering price range of $46 to $50 per share....

Tether-backed Twenty One Capital purchases $458.7 million worth of bitcoin
Twenty One Capital, the bitcoin investment company backed by Cantor Fitzgerald, Tether and Softbank, has purchased 4,812 BTC....

Republican Sens. Lummis and Moreno press US Treasury for guidance on crypto tax rules
Sens. Cynthia Lummis and Bernie Moreno say a tax provision could have unintended consequences for companies holding digital assets. ...

SEC seeks feedback for in-kind redemptions on BlackRock’s Bitcoin ETF, delays Solana and Dogecoin proposals
The SEC pushed back its deadline for whether to approve Nasdaq's proposal to allow in-kind redemptions for the IBIT ETF....

London-based asset manager buys nearly $500 million worth of Ethereum in six days
ETH was changing hands at $2,614.33 as of 2:26 p.m., up about 6% on the day, according to The Block Price Page....

The Daily: Coinbase’s S&P 500 inclusion could see $9B in passive inflows as stock jumps 25%, GD Culture plans $300M BTC and TRUMP buy, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

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