Company Focused on Bringing Ethereum to Wall Street Raises $40 Million

Etherealize has closed a $40 million funding round to develop Ethereum-based infrastructure for institutional finance. The investment was led by venture firms Electric Capital and Paradigm. $40M Investment to Fund Development of Ethereum Trading, Settlement Systems According to the announcement, the new capital follows a prior grant awarded to the company in 2024 from Ethereum…

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Can institutional support battle rate pressure?

Summary XRP is hovering around $2.85, struggling to gain traction as macroeconomic uncertainty weighs across crypto. Institutional demand is igniting optimism—CME XRP futures have topped $1 billion in open interest, signaling renewed faith from institutional players. However, bullish momentum remains fragile as the U.S. Federal Reserve’s shifting outlook on interest rates dampens sentiment. XRP is…

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Scale AI is suing a former employee and rival Mercor, alleging they tried to steal its biggest customers  

Scale AI, which helps tech companies prepare data to train their AI models, filed a lawsuit against one of its former sales employees and its rival Mercor on Wednesday. The suit claims the employee, who was hired by Mercor, “stole more than 100 confidential documents concerning Scale’s customer strategies and other proprietary information,” according to…

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How to cut through the noise in crypto prop trading

Share this article You’ve honed your strategy, you understand market dynamics, and you’re ready to trade with more significant capital. The world of proprietary trading offers a compelling path forward, but entering the crypto prop space often feels like stepping into a jungle without a map.  There’s an explosion of firms, each promising opportunity, but…

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India Joins OECD: Will Begin Sharing Crypto Transaction Data By 2027

India will adopt the Organization for Economic Cooperation’s (OECD) Crypto-Asset Reporting Framework (CARF) by 1 April 2027. This will not only enable automatic cross-border sharing of crypto transaction data but also tighten tax oversight on offshore holdings. Indian crypto exchanges and service providers will now collect and report customer and transaction data to local tax…

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