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Blockchain

Kraken $15B valuation, UK tokenization pilot, BlackRock ETF


Today in crypto, an analyst predicts that several spot Solana staking ETFs may receive approval in the coming weeks, Kraken has reportedly raised $500 million at a $15 billion valuation ahead of a potential public offering. Meanwhile, in the UK, a trade association launched a tokenized deposits pilot with six major banks, including Barclays, HSBC and Lloyds.

Several Solana staking ETFs may win US approval within two weeks: Analyst

Several applications for Solana exchange-traded funds (ETFs) with staking could receive US approval by mid-October, ETF…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link