Aoyon Ashraf

Aoyon Ashraf is CoinDesk's Global Head of News and is responsible for all of the editorial content and strategies. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from the University of Toronto with a degree in mining engineering. He holds ETH, BTC, and SOL that are above CoinDesk's disclosure threshold of $1,000. He also holds LINK, ATOM and some other altcoins that are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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Finance

Andreessen Horowitz raises $2.2 billion in a new fund, saying crypto fundamentals are at an 'all-time high'

The new fund arrives as firms like Haun Ventures raise $1 billion and VC firms adapt to an AI-driven shift in capital.

Chris Dixon of a16z at Consensus 2024. (Jesse Hamilton/CoinDesk)

Finance

Crypto platform Bullish to buy Equiniti for $4.2 billion, building tokenized securities infrastructure

The deal brings a regulated transfer agent into the Bullish stack, expanding the firm's end-to-end tokenization capabilities.

Crypto platform Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Finance

GameStop's $55.5 billion eBay takeover bid puts its $368 million bitcoin stash in the crosshairs

The video game retailer’s proposed acquisition plan revives question on whether its $368 million bitcoin stash could be sold to fund the expansion.

A GameStop store (CoinDesk Archive)

Markets

Hut 8 swaps Coinbase loan for cheaper FalconX deal, slashing borrowing costs as it bets big on AI

A new $200 million, 364-day bitcoin-backed facility replaces the Coinbase Credit arrangement, cutting debt costs by 200 basis points.

A Hut 8 mining site (Hut 8)

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Markets

Circle, Coinbase lead crypto stocks rally amid Clarity Act progress, bitcoin hitting $80,000

The market is starting to price in potential winners as stablecoin yield compromise opens path for passing key U.S. digital asset regulation, one analyst said.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Shopify and National Bank of Canada are among backers of a new digital currency built to settle trades 24/7

Tetra Trust's new stablecoin, CADD, is aimed at institutional use for 24/7 cross-border settlement, real-time corporate treasury, and direct fintech transfers, replacing legacy batch systems.

canaa fintrac

Finance

Wall Street giant DTCC plans tokenized securities platform with July pilot, October launch

Clearing giant's move toward live tokenization market adds weight to Wall Street's blockchain push.

DTCC (CoinDesk Archives)

Finance

Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO

The crypto exchange claims client funds were misused, commingled and concealed in a “Ponzi-like” scheme that unraveled amid a liquidity crisis.

Kraken Co-CEO Arjun Sethi at the Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

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Markets

Morgan Stanley's Oldenburg: Bitcoin on U.S. bank balance sheets is coming, just not yet

Morgan Stanley launched the first bank-issued Bitcoin ETP, but Amy Oldenburg said advisors, regulators and balance sheets still have a long way to go.

CoinDesk

Policy

Crypto is at bottom of U.S. voters' priorities heading into elections, CoinDesk survey shows

Americans had a generally unfavorable view of cryptocurrencies, the survey of 1,000 randomly selected registered voters found.

CoinDesk