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Securitization remains in the red even as record quarter fuels public listing plans

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Securitize reported record quarterly revenue as the tokenization platform continued to advance toward a possible public listing through its proposed SPAC merger with Cantor Equity Partners II (CEPT), highlighting growing institutional demand for real-world tokenized assets despite continued profitability pressures. The Miami-based company said its first-quarter revenue rose 39% year over year to $19.5 million, […]

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Cryptocurrency custody company Copper is looking to sell the company for $500 million.

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Cryptocurrency custody company Copper has been doing some research itself, looking for a buyer willing to pay around $500 million for the platform, according to two people familiar with the matter. Wall Street investment bank Cantor Fitzgerald has been appointed to help sell the copper, the sources said. Copper and Cantor did not respond to

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Prediction Markets Firms Criticized at Senate Trade Hearing to Examine Surge

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Prediction markets platforms such as those run by Kalshi and Crypto.com drew two hours of critical questions at a U.S. Senate Commerce Committee hearing, including scrutiny of the platforms’ advertising practices, regulatory disputes and the cheating they may encourage. “We want athletes to compete on merit, but the opportunity to win money can incentivize players

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EU opens MiCA consultation to determine if crypto framework is still fit for purpose

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The European Commission said it was investigating whether the European Union’s historic crypto framework, the Markets in Crypto-Assets (MiCA) Regulation, remains fit for purpose as digital asset markets evolve. The consultation, which remains open until August 31, seeks responses from the public and industry stakeholders, including crypto companies, financial institutions, technology providers, academics and consumer

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Fairshake’s crypto campaign money flooded the South’s primaries and chose the winners

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The crypto industry’s campaign finance giant, the Fairshake political action committee, backed the winners of a half-dozen Southern primaries on Tuesday, pumping millions of dollars into the races as one of the top spenders in the midterm congressional elections. The super PAC deployed more than $20 million in political advertising in three states, primarily to

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Crypto prices remain stable ahead of FOMC minutes and Nvidia results

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Bitcoin (BTC) continues to trade in a tight range around $77,000 on Wednesday morning in the United States. The main stock indices posted slight gains after three consecutive negative sessions. The minutes of the Fed’s latest policy meeting are scheduled to be released at 2:00 p.m. ET. This April meeting was notable because it was

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