Gemini Posts $108M Q2 Net Loss Despite 37% Revenue Growth
Gemini reported a $108 million net loss for the second quarter of 2026 even as revenue climbed 37%, underscoring the gap between top-line growth and profitability at the crypto exchange operator.
Goldman Sachs to Acquire NEOS in $2.25B ETF Deal
The acquisition was disclosed through a Goldman Sachs press release outlining the agreement to buy NEOS Investments. The deal value has been reported at $2.
Bitwise Cuts 14% of Staff but Still Expects Growth
Crypto asset manager Bitwise has cut 14% of its staff while telling employees and the market that it still expects to grow, a restructuring move that pairs immediate cost-cutting with a forward-looking optimism.
eToro to Buy TradeZero as Q2 Crypto Revenue Falls 30%
eToro plans to acquire US brokerage TradeZero as it reported a 30% drop in second-quarter crypto revenue, underscoring the trading platform's push to broaden its business beyond digital assets. The eToro TradeZero acquisition pairs a forward-looking expansion move with softer crypto trading results.
Wintermute Launches US Broker-Dealer for Crypto Expansion
Crypto market maker Wintermute has launched a US broker-dealer, marking a formal step into regulated American market structure and a deeper push to reach institutional clients on home soil.
Mastercard Completes BVNK Acquisition: What the Deal Means
Mastercard has completed its acquisition of BVNK, bringing the stablecoin payments infrastructure firm inside the global card network and advancing Mastercard's push into digital-asset settlement.
PayPal Q2 Results Include Crypto Assets as Stablecoin Push Expands
PayPal said crypto assets factored into its Q2 results, tying digital-asset activity to the quarter's reported performance while the company continued to expand its stablecoin efforts across its payments business.
Visa Unveils Stablecoin Platform for Banks, Fintechs
Visa has unveiled a stablecoin platform built for banks and fintechs, extending the payments giant's push into blockchain-based settlement infrastructure aimed at institutional rather than retail users.
Paradigm Raises $1.2B for AI and Robotics Fund
Paradigm, the crypto-focused venture firm, has raised $1. 2 billion for its fourth fund, expanding its investment mandate beyond digital assets to include artificial intelligence and robotics startups.
Tether Invests in Mercado Bitcoin: What the Deal Could Mean
Tether is investing $20 million in Mercado Bitcoin, Brazil's largest cryptocurrency exchange, in a strategic financing round aimed at accelerating onchain financial infrastructure across Latin America.
Yield Guild Shuts Down Publishing Unit, Cuts 35 Jobs in AI Pivot
Yield Guild Games is shutting down its game publishing unit and laying off 35 employees as the crypto gaming organization pivots toward artificial intelligence, marking one of the most significant operational restructurings in the guild's history.
Polymarket Annualized Revenue Tops $1 Billion
Polymarket has reportedly crossed $1 billion in annualized revenue, a milestone that, if confirmed, would make the crypto-native prediction market one of the fastest-growing platforms in the digital assets industry.