Crypto Desk

SBI Funds Management Ltd. is preparing to initiate formal marketing for its planned initial public offering (IPO) next week, with hopes of raising up to $1.5 billion. As India’s largest asset manager, SBI Funds aims to allocate approximately three-quarters of the shares to domestic investors, and is also looking to

Tera Yatirim Menkul Degerler AS, a little-known Turkish brokerage, has experienced an astounding stock surge of 40,000% since its initial public offering in 2022, making it one of Turkey’s most valuable firms. This unprecedented increase, characterized by staggering daily gains such as 54%, 108%, and 61%, has caught the attention

The active RWA market cap has experienced a remarkable increase, surging from $4.1 billion to $25.2 billion in just over a year, driven primarily by the growth of tokenized funds, commodities, and private credit, as reported by DefiLlama. Notably, commodities in this market include tokenized precious metals like gold, which

Judge Katherine Polk Failla is preparing for a potential retrial of Tornado Cash co-founder Roman Storm, tentatively set to begin on October 26 in New York, depending on her decision regarding Storm’s motion for acquittal related to conspiracy charges for operating an unlicensed money transmitting business. The trial’s scheduling comes

India’s chief economic adviser stated that the country’s rupee is “fundamentally undervalued,” suggesting that its current levels could attract investors. The rupee has been struggling as one of Asia’s worst-performing currencies, influenced by rising oil prices and foreign equity outflows due to ongoing Middle Eastern conflicts. Despite these pressures, India

ElevenLabs, an AI voice startup, is aiming for an initial public offering (IPO) within the next 2 to 3 years, as stated by CEO Mati Staniszewski. The company, recently valued at $11 billion and which […]

Goldman Sachs is presenting hedge funds with strategies to bet against corporate loans amid predictions of weak or stagnant GDP growth, which could challenge the resilience of the corporate loan sector. This comes as lenders […]

Recently, a total of $600 million in USDC was issued, with $250 million on Solana and $350 million on Ethereum. This shift in issuance aligns with a growing trend toward Solana for new USDC mints, […]

Moldova’s National Anticorruption Center has uncovered a $107 million scheme aimed at influencing the 2025 parliamentary elections, involving the use of cryptocurrency to promote candidates and bribe voters. According to the CNA, this complex operation […]

In a recent experiment, two AI agents, Claude and OpenClaw, were each given $1,000 and 48 hours to trade on Polymarket. Claude achieved a remarkable gain of 1,322%, increasing its holdings to $14,216, while OpenClaw […]