a16z Crypto Rebrands as Frontier, Expands Into AI and More
Chris Dixon confirms a16z Crypto is becoming a16z Frontier, broadening its investment remit while maintaining its commitment to crypto and existing portfolio companies.
Crypto
Follow developments in the fast-changing world of digital assets. This section covers Bitcoin, Ethereum and other altcoins, regulatory moves, ETFs, exchanges such as Binance and Coinbase, plus DeFi and NFTs. We provide timely updates and insights into market trends, security issues and the innovations reshaping how people invest, transact and build in the crypto space.
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Pump.fun Adds OpenAI and Anthropic Pre-IPO Tokens Through PreStocks
Pump.fun adds tokens linked to eight private companies, including OpenAI, Anthropic and Polymarket, for direct trading and new coin pairs through PreStocks.
Sam Altman’s World Launches World ID Suite for Banks
World launches identity tools for banks and financial firms to combat deepfake impersonation, with Bain Capital and VanEck among its design partners.
Bitcoin Hits $83,000 as China GDP Beat Lifts Asian Markets
Bitcoin approached $83,000 as Nasdaq futures and Asian stocks rose after China’s GDP grew 4.5%, while stronger retail sales helped lift risk appetite.
Circle Stock Rebounds 9.3%, With USDC Expansion in Focus
Circle shares closed 9.33% higher at $86.97 on October 15 as the USDC issuer builds its payments business ahead of November earnings.
Charles Schwab Opens Bitcoin and Ether Trading to Retail Clients
Schwab brings direct Bitcoin and ether trading to eligible retail clients across its $13.33 trillion platform, with 0.75% fees and phased wallet transfers.
Stripe and Plasma Develop Multi-Currency Stablecoin Cards
Stripe and Plasma are co-developing multi-currency stablecoin cards, building on infrastructure available in over 30 countries with expansion to 100-plus planned for 2027.
Mastercard and BVNK Launch Global Money Platform
Mastercard and BVNK launch a platform connecting fiat accounts, stablecoins, cards and bank payouts, with Nuvei and Marqeta among the first integration partners.
Bitget Launches Jio Pre-IPO Futures With 20x Leverage
Bitget lists JIOUSDT pre-IPO perpetual futures with up to 20x leverage as Jio Platforms prepares its Indian share sale, with subscriptions opening October 21.
Kraken Parent Payward Agrees to Buy Saldo Bank in European Banking Push
Kraken parent Payward agrees to buy Saldo Bank, targeting European deposits, lending and cards in a deal expected to close in 2027, subject to approvals.