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Tether completes first full financial audit, receives clean KPMG opinion
KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion.
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KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion.
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JPMorgan Chase, the world’s largest bank with $5.1 trillion AUM, has revealed XRP exposure through two spot exchange-traded funds (ETFs). The Wall Street giant expanded holdings in BlackRock’s Bitcoin ETF (IBIT) and Ethereum ETF (ETHA). Ad Ad JPMorgan Discloses New XRP ETF Holdings After exiting Bit
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BlackRock has reduced the in-kind conversion minimum for its iShares Bitcoin Trust from $25 million to $1 million, potentially making the mechanism available to a wider group of institutional participants.
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A power struggle has erupted at Ondo Finance following the death of its founder, throwing one of the most prominent real-world asset (RWA) tokenization platforms into a state of internal uncertainty. The dispute centers on leadership succession and control over the protocol's strategic direction, with competing factions among
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The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.
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Tether reported an operating profit of $1.5 billion for the second quarter, according to figures released by the stablecoin issuer. The company, which operates the world's largest stablecoin USDT by market capitalization, disclosed the results alongside a notable decline in its reserve buffer, which fell by approximately
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Strategy, the business intelligence firm led by executive chairman Michael Saylor, reported an $8.2 billion net loss for the second quarter, driven primarily by a decline in the price of bitcoin. The loss reflects unrealized impairment charges on the company's substantial bitcoin holdings, which have grown significantly
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Ondo Finance is reportedly weighing a potential acquisition valued at up to $500 million, according to a report from CoinDesk published on July 29, 2026. The tokenized real-world asset (RWA) protocol is said to be evaluating the deal, though specific details regarding the acquisition target have not been publicly disclosed
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The company says it now holds 5.79 million ETH, equal to 4.8% of the cryptocurrency's circulating supply, while expanding its staking operations and share buyback program.
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XXI stock dropped nearly 18% after the company's co-founder stepped down and Tether's plan to combine three Bitcoin firms officially fell apart.
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The asset manager's S-1 for a spot WLD fund would be the first U.S. ETF tied to Sam Altman's biometric crypto project.
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T. Rowe Price's TKNZ Active Crypto ETF began trading Thursday after the firm filed for the product in October.