Latest from Will Canny
Kraken eyes IPO as it partners with MoneyGram to bridge crypto-to-cash gap
Payward and Kraken co-CEO Arjun Sethi says the exchange is “80% ready” to go public, as a new partnership with MoneyGram aims to expand access to digital assets by solving last-mile cash conversion.

Crypto ETFs go mainstream as traditional finance locks in
As traditional finance deepens its footprint, issuers say ETFs are reshaping access, liquidity, and the global structure of digital asset investing.

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.

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.

Mike Cagney’s second act: Turning blockchain into Wall Street’s new plumbing
Figure’s $1 billion month capped a years-long push to strip out middlemen from credit markets, bringing real-world assets, lending and even equities onchain.

XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi
Backed by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to rollout a new vault product to democratize market making.

DeFi shaken by $292 million hack, but showing resilience, Standard Chartered says
The AAVE-led response and new safeguards underscore the sector's maturity as the bank maintains its $2 trillion RWA outlook.

Fidelity Digital Assets says bitcoin is leading crypto market stabilization
Despite muted prices to start the second quarter, the report said improving onchain metrics and network activity point to a market finding its footing.

Coinbase's John D’Agostino says crypto platform stands alone as industry's full-service prime broker
The exchange’s institutional arm has quietly assembled trading, custody, financing, derivatives and cross margining into a single stack, something its rivals still piece together.

Crypto is built for AI agents, not humans, says Alchemy's CEO
Alchemy CEO Nikil Viswanathan argues the global financial system was designed for humans, but the next wave of commerce will be driven by AI agents that operate natively in crypto.

