The biggest crypto news and ideas of the day |
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Robinhood Buys Into Canada |
Robinhood Markets agreed to buy Canadian crypto firm WonderFi for $178.98 million. The deal values WonderFi shares at a 41% premium over their previous closing price.WonderFi's platforms, Bitbuy and Coinsquare, bolster Robinhood's international expansion efforts in the crypto market. |
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VanEck Forms U.S. Treasury Fund |
VanEck has launched its first tokenized fund, the VanEck Treasury Fund (VBILL), offering on-chain access to short-term U.S. Treasury debt across multiple blockchain networks.VBILL requires a minimum investment of $100,000 on most blockchains and $1 million on Ethereum, with assets held by State Street and priced daily using Redstone's oracle service. Tokenization of assets like U.S. Treasuries is growing rapidly, enticing global asset managers with operational efficiency and faster, cheaper settlements. |
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The Industry’s Brightest Minds. One Unmissable Event. Dealmaking. Networking. Big moves. Consensus 2025 is where the industry’s top players connect, innovate, and build what’s next. Don’t miss out. Save 15% with code NODE15. |
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Jefferies Becomes a Player |
Jefferies has become a key player in crypto and digital asset sector deal-making, starting with Michael Saylor's firm in 2019.The firm ranks sixth globally in dealmaking over the past year, showcasing its influence in both traditional and digital finance. Jefferies played a significant role in the FTX bankruptcy, demonstrating its capability to navigate complex financial landscapes. |
Jr. Squashes Memecoin Rumors |
Donald Trump Jr. has denied rumors that Truth Social is launching a memecoin, calling them false information.World Liberty Financial, a DeFi project linked to the Trump family, confirmed that there is no new Trump crypto project. Truth Social plans to introduce a rewards coin with a digital wallet, according to a recent shareholder letter. |
What to Expect at Consensus 2025 |
How is crypto changing the face of finance? What’s next for stablecoins, tokenization, and Web 3 marketing? How will digital assets be regulated in the future? These are just some of the questions up for debate as Consensus 2025 kicks off in Toronto this Wednesday. Staged this year at the Metro Toronto Convention Center, crypto’s oldest “big tent” event gets underway at a pivotal moment for the industry. Crypto is front-and-center in the national conversation and this year’s event will feature many names making news and making waves. Eric Trump, whose mining startup, American Bitcoin, this morning announced that it plans to go public, is a headline speaker on Thursday. We’ll hear from Bo Hines, head of the Presidential Council of Advisers for Digital Assets, on the White House strategy to pass legislation on crypto this year. Dave Portnoy, founder of Barstool Sports, will sit for a fireside chat to discuss crypto culture, memecoins and the future of investing. There’s an Open Money Summit featuring the biggest names in DeFi, a Brand and Creator Summit for companies positioning themselves for the next phase of the internet, and an AI Summit with a packed schedule of speakers at the intersection of AI and blockchain. Other headline speakers include Chris Pavlovski (Rumble), Charles Hoskinson (Cardano), Kevin O’Leary (Shark Tank), Adrienne Harris (NYDFS), Justin Sun, David Goyer and dozens more from across the crypto and blockchain industry. Our Explorations stage will have in-depth discussions on hot topics such as DePIN, crypto policy, staking, advanced trading, and Canada’s Web3 future. We’ll also have a Hackathon (organized with EasyA), Pitchfest, a Research Symposium (with IEEE), and dozens of side-events and parties to attend across Toronto. For coverage of Consensus 2025 including interviews with speakers, see here. The full agenda can be found here. Visit CoinDesk.com for a livestream and ongoing coverage of all the news, rumors and gossip from crypto’s big annual gathering.
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Ant Digital Technologies - The Intersection of Global Innovation For Blockchain, AI and Sustainable Investing There’s no question that the past few months have been incredibly volatile for both traditional equity and crypto markets. At the very end of Q2, Bitcoin saw record breaking volatility, experiencing new all-time highs while simultaneously experiencing 30% drawdowns. At the same time, the S&P surged to record highs and pushed nearly 1,000 points below where it started in the beginning of 2025. Changing risk appetite and investor sentiment over the past several months have highlighted the need for alternative investments. While traditional investors look for more consistent yield among volatility and companies look to expand their business ventures with more efficient financing operations, Real World Asset (RWA) tokenization has established itself as the new opportunity to grow. continue reading |
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