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AI Boost

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Galaxy Digital Slips 7% on $1.15B Exchangeable Debt Raise

The company is selling $1.15 billion in exchangeable notes in a private offering.

Galaxy Share Price (TradingView)

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Trump Media Taps Crypto.com to Launch Prediction Markets on Truth Social

Truth Predict will let users bet on elections, Fed moves and more via a CFTC-registered exchange, making Truth Social the first social platform with native prediction markets.

CoinDesk

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Bitcoin Treasury Firm Strive Adds 72 BTC to Treasury After Warrant Exercises

Shares are down 13.5% early Tuesday after doubling the previous two sessions.

CoinDesk

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Tokenization Firm Securitize Aims for Public Listing Via SPAC Deal at $1.25B Valuation

Existing investors like ARK Invest and BlackRock will maintain their stakes, with additional investment from a $225 million PIPE financing round.

Securitize CEO Carlos Domingo (Securitize)

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Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78

The Wall Street broker said Hut 8’s shift to energy infrastructure from bitcoin mining makes it a unique bet on AI, HPC and future power-hungry technologies.

Hut 8 plant

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Japan's $2T Payment Provider TIS Rolls Out Multi-Token Platform With Avalanche

The payments firm's platform, developed with AvaCloud, aims to help banks, corporates issue and settle stablecoins and tokenized assets.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

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Figment Scales Coinbase Prime Staking as 2 ETFs With Yield Launch This Week

Institutions can now stake Solana, Avalanche, and other PoS assets in custody via Coinbase Prime, just as ETF-driven staking demand ramps up.

Figment co-founder and CEO Lorien Gabel at Consensus in Toronto. (CoinDesk)

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Bitcoin Miner Core Scientific Upgraded to Buy on AI Data Center Boom: H.C. Wainwright

The investment bank upgraded the stock to buy from neutral and set a new price target of $25.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

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PayPal Surges 15% on OpenAI Payment Wallet Deal, Upbeat Earnings

The payments giant raised full-year guidance, instituted a first-ever dividend, and unveiled a ChatGPT partnership to embed shopping inside AI app.

PayPal logo on iphone screen (Marques Thomas/Unsplash)

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Citi Says Crypto’s Correlation With Stocks Tightens as Volatility Returns

The bank noted that bitcoin and ether are once again moving in step with U.S. equities and gold.

A pair of hands resting on a keyboard with an iPad showing graphs and price quotes. (Kanchanara/Unsplash/Modified by CoinDesk)