Crypto exchange and company news
Galaxy Digital appoints Taylor Reinhardt as head of investor relations
Why it matters: Strengthening the IR team is needed for Galaxy to manage two groups of investors — crypto-focused and infrastructure — as well as holders of $3.5 billion in bonds.
Hashdex adds Hyperliquid to Nasdaq crypto index ETF
Why it matters: Index ETFs expand institutional access to Hyperliquid, but actual inflows depend on the asset's weight and the fund's assets under management.
KULR Technology sells final 764 BTC, exits bitcoin treasury strategy
Why it matters: Another public company is winding down its bitcoin treasury strategy, adding pressure to the narrative of corporate demand for BTC.
Neopulse, Kingnet form consortium to buy Wemade for 920 billion won
Why it matters: A change of largest shareholder at blockchain gaming company Wemade (WEMIX) could accelerate its expansion in China and affect the WEMIX token.
Coinbase wins MAS approval and expands its Singapore office
Why it matters: The MAS license strengthens Coinbase's position in Asia and legitimizes the rollout of the XSGD stablecoin and business products.
World's first state-owned crypto exchange begins voluntary liquidation
Why it matters: The precedent of a state-owned crypto exchange closing could affect other countries' plans to launch similar venues.
OKX launches 70+ tokenized US stocks and ETFs in New Money app
Why it matters: It expands crypto traders' access to traditional assets and intensifies exchange competition in the tokenized securities market.
Broadridge brings digital asset platform to the US market
Why it matters: A major infrastructure player is opening US institutional managers' access to crypto and tokenized assets within familiar workflows.
Kraken to liquidate 7 client assets for UAE users after Sept. 14 withdrawal cutoff
Why it matters: UAE holders could lose funds or receive payment in an unfavorable currency if they fail to withdraw assets before the deadline.
HTX to list AINVDA memecoin on September 14
Why it matters: A listing on a major exchange gives the Robinhood Chain memecoin access to HTX liquidity and could boost interest in tokenized equities.
Gate posts 667% growth in 30-day spot volume
Why it matters: Rising volumes point to returning participants and demand, but do not guarantee price gains.
Bitcoin Suisse cuts up to half its Swiss staff, moves back office abroad
Why it matters: The restructuring of a major Swiss crypto service reflects a trend of shifting operations to lower-cost regions amid global expansion.
Strive hits $3B market cap while holding 24,531 BTC
Why it matters: Strive aims for second place among public BTC holders by year-end, ramping up purchases through the high-yield SATA instrument.
Gate launches CATE perpetual futures with up to 20x leverage
Why it matters: A derivatives listing on a smaller exchange expands speculative options for CATE but carries no significant market impact.
Bitcoin Asia to return to Hong Kong on August 27–28, 2027
Why it matters: It confirms Hong Kong's status as a key hub for the bitcoin industry in Asia.
Binance to add tokenized BNCB shares as collateral
Why it matters: Expanding the list of collateral assets increases liquidity and flexibility for margin trading on Binance.
TD Cowen raises Smarter Web price target by 90% after MORE IPO
Why it matters: A positive signal for bitcoin treasury companies that could draw attention to the corporate crypto treasury sector.
Ripple Prime expands, but XRP demand is not guaranteed
Why it matters: Ripple's expansion beyond XRP reduces the token's direct dependence on the company's business, while the market awaits a September 15 vote on the Clarity Act.
Bybit CEO: Retail participation down 30%
Why it matters: Falling retail activity weighs on exchanges' fee revenue and may signal weak demand in the current market.
Bybit CEO: retail crypto activity down 30% from peak
Why it matters: Lower retail activity means smaller volumes and fees for exchanges, which weighs on the entire market until a new catalyst emerges.