The Block

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The Block

The first and final word in digital assets

Multicoin joins as lead investor in LI.FI’s $29 million Series A extension round
Launched in 2021, the universal liquidity layer and protocol intermediary has surpassed $60 billion in lifetime transaction volume....

Binance elevates Trump-backed World Liberty’s stablecoin by adding USD1 trading pairs
The Abu Dhabi investment firm MGX chose USD1 when making a $2 billion investment into Binance, the world's largest crypto exchange....

Coinbase taps Chainlink CCIP to expand wrapped assets like cbBTC and cbXRP to new chains
The U.S. crypto exchange chose Chainlink’s cross-chain interoperability standard as the “exclusive bridging solution” for its wrapped assets....

Anchorage snags another stablecoin issuance as it trumpets regulated status as market advantage
The move follows Tether, in September, selecting Anchorage for issuing USAT, a stablecoin designed specifically for the U.S. market....

New XRP ETF hits the market with launch of 21Shares’ TOXR
A new XRP exchange-traded fund is on the block — 21Shares debuted its fund on the CBOE exchange with the ticker symbol TOXR....

Nexo acquires Buenbit to anchor regulated push into Latin America’s growing crypto market
Nexo’s acquisition of Buenbit marks a significant regional bet for the firm, which claims to manage $11 billion in assets....

Binance API update hints at stock perpetual contracts as exchanges eye TradFi markets
Binance added a new API endpoint for signing a “TradFi-Perps agreement contract,” signaling early work for potential stock perpetual futures....

Klarna furthers Stripe links, tapping Privy to explore potential crypto wallet after Tempo-based stablecoin foray
The initiative remains exploratory, with any product launch dependent on securing required regulatory approvals, the firm said....

Binance launches private IOI feature for large spot and loan orders via OTC desk
Binance has launched a private indication of interest feature for large spot and loan orders, saying it is the first crypto exchange to do so....

Spot trading rollout opens dYdX to US-based traders for first time, starting with Solana
While its perpetual contracts remain unavailable to U.S. traders, dYdX Labs said it will track regulatory developments from the SEC and CFTC....