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Business

Explore the latest coverage from Coinwy's Business desk.

Coinbase Appoints Anthony Armstrong to Board and Audit Committee Thumbnail

Coinbase Appoints Anthony Armstrong to Board and...

The company confirmed the appointment in a post welcoming Armstrong to its board, framing it as a leadership addition rather than a product or market development, according to Coinbase's announcement . The change was also documented in a filing with the U.

By Noah Carter • 3 min read • Sep 3, 2026Business
Gemini Posts 08M Q2 Net Loss Despite 37% Revenue Growth Thumbnail

Gemini Posts $108M Q2 Net Loss Despite 37% Revenue...

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.

By Noah Carter • 3 min read • Aug 14, 2026Business
Goldman Sachs to Acquire NEOS in .25B ETF Deal Thumbnail

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.

By Thiago Alvarez • 3 min read • Aug 12, 2026Business
Bitwise Cuts 14% of Staff but Still Expects Growth Thumbnail

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.

By Noah Carter • 3 min read • Aug 12, 2026Business
eToro to Buy TradeZero as Q2 Crypto Revenue Falls 30% Thumbnail

eToro to Buy TradeZero as Q2 Crypto Revenue Falls...

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.

By Thiago Alvarez • 3 min read • Aug 11, 2026Business
Wintermute Launches US Broker-Dealer for Crypto Expansion Thumbnail

Wintermute Launches US Broker-Dealer for Crypto...

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.

By Thiago Alvarez • 2 min read • Aug 7, 2026Business
Mastercard Completes BVNK Acquisition: What the Deal Means Thumbnail

Mastercard Completes BVNK Acquisition: What the...

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.

By Thiago Alvarez • 2 min read • Aug 4, 2026Business
PayPal Q2 Results Include Crypto Assets as Stablecoin Push Expands Thumbnail

PayPal Q2 Results Include Crypto Assets as...

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.

By Thiago Alvarez • 2 min read • Jul 28, 2026Business
Visa Unveils Stablecoin Platform for Banks, Fintechs Thumbnail

Visa Unveils Stablecoin Platform for Banks...

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.

By Thiago Alvarez • 3 min read • Jul 17, 2026Business
Paradigm Raises .2B for AI and Robotics Fund Thumbnail

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.

By Noah Carter • 3 min read • Jul 9, 2026Business
Tether Invests in Mercado Bitcoin: What the Deal Could Mean Thumbnail

Tether Invests in Mercado Bitcoin: What the Deal...

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.

By Thiago Alvarez • 3 min read • Jul 7, 2026Business
Yield Guild Shuts Down Publishing Unit, Cuts 35 Jobs in AI Pivot Thumbnail

Yield Guild Shuts Down Publishing Unit, Cuts 35...

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.

By Thiago Alvarez • 3 min read • Jul 6, 2026Business