Institutional Investors

The $11.2 billion in 2026 funding that killed crypto’s permissionless era
Dubai-based crypto lawyer Irina Heaver and her team parsed every crypto deal in the first half of 2026. BlackRock, Goldman, and Persian Gulf sovereigns all wrote checks to regulated firms.

Kalshi taps DoubleZero for Wall Street-style high-speed data feed
Kalshi is looking to meet institutional demands by adding DoubleZero data to its order book.

Crypto Long & Short: To ETH or not to ETH — is SOL the better diversifier?
In this week's, Morgan Stanley’s Denny Galindo writes that as the crypto market expands, solana has historically been a better portfolio diversifier than ether, despite being more volatile.

For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says
Fidelity International’s Giselle Lai argues that the most compelling long-term use case for tokenized funds is balance-sheet management for large, global institutions, not 24/7 liquidity.

Crypto Long & Short: With MSTR concerns assuaged, look to traditional signals around BTC
In this week's Crypto Long & Short, FalconX’s Gaspar Martin writes that BTC is reaching a market bottom and is poised for a turnaround.

Crypto Long & Short: Infrastructure is the prevailing currency in digital assets
In this week's Crypto Long & Short, Nonco’s Caue Teixeira makes the case that regardless of which coin ultimately wins, infrastructure is the prevailing currency in digital assets. Then, using CoinDesk's liquidation feed, Liquibit Capital's Alen Pavlović finds that June's forced selling peaked near $68,000, days before bitcoin actually bottomed.

Franklin Templeton closes 250 Digital acquisition deal and sets up new Franklin Crypto division
The $1.7 trillion asset manager did not disclose the amount paid for the acquisition of 250 Digital but revealed its plans for a new corporate division exclusively for crypto investments.

Crypto Long & Short: The measure of a maturing market
In this week's Crypto Long & Short, trusted indexes turn fragmented digital assets into a mature market that big institutions can confidently invest in, writes Kirsten Wegner. Then, the division between traditional finance (TradFi) and crypto is disappearing, says Dave LaValle, President of CoinDesk Data & Indices.

Ark Invest bought more than $500 million worth of SpaceX shares on IPO day
The purchases were likely funded by selling other positions, data shows. ARK is also one of the loudest bitcoin bulls, with a million-dollar target for 2030.

Crypto Long & Short: Who answers the 3am call when DeFi breaks?
In this week's Crypto Long & Short, Ben Nadareski writes that to win over big investors, DeFi builders must act like accountable money managers, not just software developers. Then, Stephen Stonberg says that bitcoin holders can survive crashes and protect their assets by earning income through reinsurance.
