Latest from Will Canny
Ondo Finance weighs acquisition worth up to $500 million
The tokenized-assets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.

JPMorgan says fading Clarity Act odds weigh on crypto outlook
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional adoption advance.

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.

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.

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.

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.

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.

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.

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.

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.

