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Tempo: Stripe-backed Payments Chain Goes Live on Testnet

Dec 12, 2025

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13 min read

Tempo: Stripe-backed Payments Chain Goes Live on Testnet

A few months after its initial unveiling in September, the Stripe-backed Layer 1 Tempo launched its public testnet on Tuesday, opening the network for anyone to begin building.

Fiodar Yuzhyk
Maximilian Vargas
Fiodar Yuzhyk, +1
Kraken Brings xStocks Inhouse with Acquisition of Backed

Dec 5, 2025

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12 min read

Kraken Brings xStocks Inhouse with Acquisition of Backed

On Tuesday, Kraken announced the acquisition of Backed Finance AG, the Swiss tokenization specialist behind the xStocks standard for tokenized equities. While financial terms were not disclosed, the deal marks Kraken’s fifth acquisition in 2025 and follows its recent $800 million capital raise valuing the exchange at $20 billion.

Fiodar Yuzhyk
Louis Tellier
Fiodar Yuzhyk, +1

Tokenized Equities

+4

Kraken to Acquire Backed Finance in Tokenized Assets Push

Dec 5, 2025

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2 min read

Kraken to Acquire Backed Finance in Tokenized Assets Push

Fiodar Yuzhyk
Fiodar Yuzhyk
Robinhood Acquires U.S. Derivatives Exchange, Doubles Down on Prediction Markets

Nov 28, 2025

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12 min read

Robinhood Acquires U.S. Derivatives Exchange, Doubles Down on Prediction Markets

On Tuesday, Robinhood announced the acquisition of the U.S. derivatives exchange MIAXdx. The move deepens the neobroker’s push into prediction markets by providing it with the necessary CFTC licenses to originate and clear event contracts on its own platform, eliminating dependence on third-party infrastructure.

Fiodar Yuzhyk
Louis Tellier
Fiodar Yuzhyk, +1
Circle Launches xReserve for USDC-Backed Stablecoins

Nov 21, 2025

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12 min read

Circle Launches xReserve for USDC-Backed Stablecoins

On Tuesday, stablecoin giant Circle introduced xReserve, a new service that lets blockchain teams launch their own stablecoins backed by USDC. The offering is designed to help new networks bootstrap stablecoin supply without waiting for native USDC issuance, which has historically been both costly and slow to integrate.

Fiodar Yuzhyk
Louis Tellier
Fiodar Yuzhyk, +1
Uniswap Founder Aims to Activate the “Fee Switch” and Overhaul Protocol Economics

Nov 14, 2025

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13 min read

Uniswap Founder Aims to Activate the “Fee Switch” and Overhaul Protocol Economics

On Monday, Uniswap Labs and Uniswap Foundation unveiled plans for a major overhaul of the token economics of the leading decentralized spot exchange, activating the long-discussed "fee switch".

Fiodar Yuzhyk
Maximilian Vargas
Fiodar Yuzhyk, +1
Canton Network Builds Momentum Amidst $540 Million Treasury Vehicle

Nov 7, 2025

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13 min read

Canton Network Builds Momentum Amidst $540 Million Treasury Vehicle

On Monday, U.S.-listed biotech company Tharimmune announced a $540 million fundraise to establish a digital asset treasury (DAT) centered on Canton Coin, the yet-to-be-listed native token of the Canton Network. Participants of the deal include major firms such as DRW Holdings, ARK Invest, Tradeweb, and Kraken.

Fiodar Yuzhyk
Maximilian Vargas
Fiodar Yuzhyk, +1
Hyperliquid Activates HIP-3, Opening Onchain Perpetual Markets for Equities and Beyond

Oct 31, 2025

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12 min read

Hyperliquid Activates HIP-3, Opening Onchain Perpetual Markets for Equities and Beyond

Two weeks ago, Hyperliquid, crypto’s leading decentralized trading platform, activated its long-awaited HIP-3 upgrade. The update made Hyperliquid the first protocol to let anyone permissionlessly deploy onchain perpetual markets, enabling futures contracts that trade without expiry for any asset, including crypto, equities, and commodities.

Fiodar Yuzhyk
Maximilian Vargas
Fiodar Yuzhyk, +1
Coinbase Accelerates Onchain Strategy with $375 Million Purchase of Fundraising Platform Echo

Oct 24, 2025

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14 min read

Coinbase Accelerates Onchain Strategy with $375 Million Purchase of Fundraising Platform Echo

On Tuesday, Coinbase announced its $375 million acquisition of Echo, the onchain fundraising platform founded by prominent crypto figure Jordan Fish (aka Cobie). It marks the company’s eighth acquisition this year, bringing Coinbase’s total deal spending for 2025 to roughly $3.3 billion.

Fiodar Yuzhyk
Maximilian Vargas
Fiodar Yuzhyk, +1
Inside Crypto's Historic Crash: Root Causes and Second-Order Effects

Oct 17, 2025

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13 min read

Inside Crypto's Historic Crash: Root Causes and Second-Order Effects

Last Friday, the crypto markets witnessed their largest wipeout ever. With the dust now settling, we break down the core causes, hidden mechanics, and longer-term consequences of a day that may reshape the crypto market structure.

Fiodar Yuzhyk
Maximilian Vargas
Fiodar Yuzhyk, +1
Galaxy Launches "GalaxyOne," Marking Strategic Expansion Into Retail Market

Oct 10, 2025

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13 min read

Galaxy Launches "GalaxyOne," Marking Strategic Expansion Into Retail Market

On Monday, digital asset company Galaxy Digital launched “GalaxyOne,” giving U.S. investors access to crypto, traditional stock trading, and high-yield cash accounts through a single integrated platform.

Maximilian Vargas
Fiodar Yuzhyk
Maximilian Vargas, +1
SG-FORGE Officially Enters DeFi, Aims To Boost Stablecoin Growth

Oct 3, 2025

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11 min read

SG-FORGE Officially Enters DeFi, Aims To Boost Stablecoin Growth

On Tuesday, Société Générale, via its blockchain arm SG-FORGE, has become the first global systemically important bank (G-SIB) to integrate its euro (EURCV) and dollar (USDCV) stablecoins into leading DeFi protocols.

Fiodar Yuzhyk
Louis Tellier
Fiodar Yuzhyk, +1
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Crypto Briefing

Crypto Briefing

An executive briefing on the big stories and trends shaping the onchain economy. Every Friday.


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