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


Finance

Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites

The crypto trading platform said the layoffs reflect a strategic shift toward its fast-growing enterprise business.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)

Finance

Cantor is advising crypto bank AMINA on path to potential public listing

The Swiss bank is exploring multiple paths to the public markets, though discussions are ongoing and no final decision has been made.

Wall Street street signs. (Chenyu Guan/Unsplash)

Finance

Institutional crypto trading platform LMAX is exploring sale, IPO

LMAX is working with Morgan Stanley and investment bank KBW to assess its options, which could lead to a sale or a public offering.

Nasdaq sign on a building (CoinDesk Archives)

Finance

Crypto market maker B2C2 held sale talks with multiple potential buyers

The SBI-owned crypto trading firm is said to have attracted takeover interest from a number of suitors over the past 18 months, but valuation has been a sticking point.

Hands of two people are seen holding pencils over a pad of paper placed between two open laptops

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Finance

Kraken says simpler options can unlock crypto's next derivatives market

The Wyoming-based firm launched USD-settled bitcoin and ether options, saying product design, not demand, has held back adoption.

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

Finance

Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion

The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives.

Citadel CEO Ken Griffin

Finance

Keyrock acquires BlockFills trading assets to expand institutional crypto business

The deal adds institutional trading clients, derivatives expertise and regulatory licenses as Keyrock looks to deepen its presence in crypto capital markets.

Keyrock CEO and co-founder Kevin de Patoul (Keyrock)

Tech

Galaxy targets institutional stablecoin yield with new DeFi vaults

The crypto financial services firm launched Galaxy Curator, a Morpho-based platform that gives Fireblocks' 2,400 institutional clients access to onchain yield strategies.

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024

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Markets

Live updates: Bitcoin holding $64,000 as AI momentum stocks continue to tumble

Blockchain investigator ZachXBT came down heavily on hardware wallets. BTC traded steady near $65,000 after South Korea's rate hike.

Bitcoin's 24 hour performance. (CoinDesk data)

Finance

Open USD poses biggest threat yet to Circle's USDC, CoinShares says

The consortium-backed stablecoin would share reserve income with partners instead of the issuer, pressuring Circle's margins if it debuts in 2026.

Irfan Ganchi, SVP of Product Management, Circle, on stage at Circle Forum Singapore