Tag: Stock

NVIDIA injects $2B into CoreWeave, CRWV stock jumps 10% premarket

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CoreWeave, a US-based cloud computing company specializing in GPU-accelerated infrastructure for artificial intelligence, said Monday it raised $2 billion through an equity investment from NVIDIA. CoreWeave shares (CRWV) rose 10% in pre-market trading on Monday after the announcement, according to Yahoo Finance. NVIDIA purchased CoreWeave’s Class A common stock at $87.2 per share, the company said, in a move reflecting confidence in CoreWeave’s business and growth strategy as a cloud platform built on NVIDIA technology. CoreWeave began working with NVIDIA in late 2020 after joining NVIDIA’s Cloud Service Provider Program,…

Binance plans revival of tokenized stock trading on its platform

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Binance is preparing to revive stock trading on its platform, revisiting a business line it shut down in 2021 after regulatory scrutiny, according to a report by The Information. Binance launched tokenized equities in April 2021, starting with Tesla and later adding stocks including Coinbase, Strategy, Microsoft, and Apple. The service was discontinued by July after regulators in the UK and Germany questioned whether the products complied with securities laws. The renewed push comes as interest in tokenized equities accelerates across crypto and traditional finance. OKX is also exploring stock-linked…

BitGo Stock Slides After IPO as Crypto Listing Volatility Returns

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Shares of digital asset custodian BitGo Holdings (BTG) have swung sharply since the company’s public debut on the New York Stock Exchange on Thursday, with early gains quickly reversing as initial IPO enthusiasm cooled and investors moved to lock in profits. BitGo priced its initial public offering at $18 a share and it jumped about 25% in its first day of trading, reflecting strong early demand. While the stock closed only modestly higher in its first full session, the rally proved short-lived. Shares have since fallen below their IPO price,…

BitGo stock jumps on NYSE debut as Ondo brings the stock onchain

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BitGo, a digital asset custody and security firm serving institutional clients, began trading on the New York Stock Exchange on Thursday after pricing its IPO at $18. The stock opened near $22.4 and briefly surged to $24.1. Shares later pared gains into the close, ending the session near $20.1, still up roughly 13% from the IPO price on its first day of trading. Within hours of the debut, Ondo Finance made tokenized BitGo shares available through Ondo Global Markets, allowing users to access the newly listed equity onchain. The tokenized…

Vivek Ramaswamy’s Strive plans to raise $150M in preferred stock sale to buy Bitcoin and repay debt

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Vivek Ramaswamy-backed Strive announced Wednesday that it plans to raise $150 million through a follow-on offering of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock). The Dallas-based company expects to use the net proceeds, together with existing cash, to reduce outstanding debt, acquire Bitcoin and Bitcoin-related products, and support corporate growth. The offering reflects Strive’s strategy to optimize its balance sheet while advancing its Bitcoin-focused investment approach. The announcement follows shareholder approval last week for Strive’s acquisition of Semler Scientific. The deal, which is expected to close in…

Chainlink Brings 24/5 Stock, ETF Data On-chain

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Crypto infrastructure company Chainlink is set to roll out support for 24/5 trading of US stocks and exchange-traded funds (ETFs), which it says could bring the $80 trillion US market on-chain. Chainlink said on Tuesday that its 24/5 US Equities Streams will be added to its existing market data services aimed at crypto platforms, which will bring “fast and secure market data across all major US equities and ETFs — 24 hours per day, 5 days per week.” It added that the product allows traders to buy, sell, or lend…

Riot stock rises on AMD lease and Rockdale land acquisition

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Key Takeaways Riot Platforms purchased 200 acres of its Rockdale, TX site for $96 million, fully financed by Bitcoin. The company signed a 10-year Data Center Lease with AMD to deliver 25 MW of critical IT load, starting in January 2026 and completing in May 2026. Share this article Shares of Riot Platforms (RIOT) rose over 7% premarket on Friday after the company secured a major data center lease with AMD and completed the full acquisition of its Rockdale site. The company closed the fee simple acquisition of 200 acres…

BlackRock hits record $14 trillion in assets, stock rises 5%

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Key Takeaways BlackRock reported $14 trillion in assets under management (AUM) for 2025, driven by a record-breaking $698 billion in net inflows. BlackRock CEO said that the firm is at the forefront of high-growth areas, including private markets, wealth management, active ETFs, and digital assets. Share this article In its fourth-quarter earnings release on Thursday, BlackRock announced that total assets under management surged to $14 trillion by the end of 2025, spurred by a record $698 billion in annual net inflows. BlackRock’s shares (BLK) rose 5% following the report, per…

London Stock Exchange unveils blockchain-powered platform for cash and digital assets

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Key Takeaways LSEG launched a blockchain-powered settlement platform named Digital Settlement House (DiSH). The service aims to minimize settlement risk, improve liquidity management, and enable round-the-clock asset and margin management. Share this article London Stock Exchange Group (LSEG) has rolled out a blockchain-based settlement platform that lets financial institutions move real commercial bank money and settle assets instantly, 24/7, across both traditional and digital asset networks. The service, the Digital Settlement House (LSEG DiSH), enables near-instant payment-versus-payment (PvP) and delivery-versus-payment (DvP) settlement using commercial bank deposits. These deposits are recorded…

London Stock Exchange Group Launches DiSH for 24/7 Onchain Cash Settlement

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The London Stock Exchange Group has rolled out a new digital settlement service to bring real commercial bank money onto blockchain rails. The service, called Digital Settlement House (DiSH), enables instant settlement across both blockchain-based and traditional payment networks, operating around the clock across multiple currencies and jurisdictions, according to a Thursday announcement. At the core of the platform is DiSH Cash, a ledger-based representation of commercial bank deposits. Rather than relying on stablecoins, the system uses tokenized claims on actual bank deposits, providing what LSEG describes as a “real…