Will Canny

Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.

Will Canny

Latest from Will Canny


Policy

Clarity's failure could speed crypto innovation while shielding incumbents

Executives see openings for tokenization, DeFi and dealmaking, while lawyers warn agency action leaves spot-market oversight and lasting certainty unresolved.

Congress

Finance

Tokenized commodities look beyond gold as lending and oil open new markets

Paxos Labs, Theo and Energy Substantiation execs see growth coming from putting physical assets to work, with precious metals leading and energy presenting a tougher test.

(itti ratanakiranaworn/Shutterstock)

Finance

Crypto investment firm Deus X Capital shuts down as backers pursue separate strategies

CEO Tim Grant will lead AI venture TensorX, while CIO Stuart Connolly stays to oversee the firm’s formal unwind in January.

Civil is shutting down after three years. (Credit: Shutterstock)

Finance

Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity

The discussions would see Payward supply liquidity for crypto trading as major banks deepen their involvement in digital assets.

Wells Fargo logo. (Smith Collection/Gado/Getty Images)

Advertisement

Finance

The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking

Crypto M&A has hit record levels, but the Clarity Act’s Senate setback leaves dealmakers weighing how much regulatory uncertainty still matters.

U.S. Sen. Cynthia Lummis (R-WY) has championed the Clarity Act (Getty Images/Anna Moneymaker)

Finance

Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions

CEO Iana Dimitrova said OpenPayd aims to launch in the U.S. by April 2027 and is eyeing deals to add licenses and technology.

Nasdaq sign on a building (CoinDesk Archives)

Finance

BNY in talks with Kraken parent Payward over infrastructure partnership

The potential agreement could span digital assets, custody, trading, payments and other financial-market infrastructure.

Payward and Kraken co-CEO Arjun Sethi.

Finance

RedotPay completes financial audit as it presses ahead with U.S. IPO plans

The stablecoin payments company said the audit is part of its preparations to go public, disputing an August report that the listing had been put on hold.

Accounting firm Mazars, which did a "proof-of-reserves" audit for crypto exchange Binance, is pausing its auditing work for crypto clients. (CoinDesk archives)

Advertisement

Finance

Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange

Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, co-CEO Arjun Sethi said.

Payward and Kraken co-CEO Arjun Sethi.

Finance

Someone was trying to sell Ondo Finance after founder Nathan Allman's death

The company has vehemently denied that it was shopping for buyers. Allman’s estate declined to comment.

Nathan Allman sits on a panel at Consensus 2025