Latest from Will Canny
Zerohash pursues new funding at more than $1.5 billion valuation after Mastercard drops investment plans
Crypto infrastructure providers are drawing renewed investor interest as Wall Street deepens its push into digital assets.

Hyperliquid’s HYPE one of crypto’s most undervalued assets, says Bitwise
The crypto asset manager argued the market is mispricing Hyperliquid as a niche derivatives exchange instead of a fast-growing “super-app” for global trading markets.

JPMorgan says ether and altcoins won't catch up to bitcoin without a major network boom
The bank said ether and the broader altcoin market continue to trail bitcoin as weak network activity, sluggish DeFi growth and limited real-world adoption weigh on investor demand.

Kraken parent Payward's Q1 revenue climbs despite crypto market slump
Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.

Bitcoin faces outsized quantum threat as computing breakthroughs accelerate, Citi says
The bank said accelerating advances in quantum computing are compressing the timeline for risks to crypto and broader internet infrastructure, with Bitcoin seen as particularly exposed.

Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.

Wall Street is starting to notice one of crypto’s smartest AI bets
A growing spotlight on Nof1’s Alpha Arena suggests SUI Group and Karatage may have gotten early to one of the most important experiments in finance: teaching AI how to trade in real markets.

Ethereum app builder Consensys has delayed its potential IPO until fall
The MetaMask wallet builder had reportedly engaged bankers from JPMorgan and Goldman Sachs to lead the process.

Crypto wallet provider Ledger puts U.S. IPO plans on hold due to market conditions
The French crypto security firm, which is said to have explored a potential $4 billion U.S. listing, is reassessing its public market plans as volatile conditions weigh on investor appetite for crypto IPOs.

Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in funding
New fundraising rounds for three institution-focused blockchains show how regulation, privacy and corporate competition are reshaping crypto infrastructure, according to Bitwise CIO Matt Hougan.

