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Coinbase CEO Brian Armstrong has made a bold prediction. He took to X to say that the crypto market’s total addressable market (TAM) will expand 100x as more legitimate companies join the space. “I would much rather have every legitimate company now coming into crypto. This will 100x the TAM as crypto becomes the backbone … Read more
The DeFi Education Fund, a research and advocacy organization, has petitioned the Trump administration to intervene in the prosecution of Roman Storm, the Tornado Cash co-founder facing criminal charges. According to an April 28 letter directed to White House crypto czar David Sacks, the group urged President Trump to “take immediate action to discontinue the … Read more
Coinbase Asset Management is launching a new Bitcoin investment product targeting institutional investors. According to the company’s Apr. 28 official announcement, the Coinbase Bitcoin Yield Fund is designed to offer long-term exposure to Bitcoin (BTC) while providing a 4–8% net annual returns in BTC. The fund uses a conservative strategy focused on lowering both investment … Read more
The U.K. fintech sector is on a bit of a roll. Allica Bank — a London-based fintech — recently announced it had doubled its profits in 2024, bringing in £29.9 million, while neobank Revolut announced a £1 billion profit in 2024. Companies of this nature continue to spring out of London, a city that has become a … Read more
Chief investment officers at the hedge fund Ray Dalio founded, Bridgewater Associates, warned of an upheaval of the “existing world order” amid the fall-out from President Donald Trump’s trade policy in its latest newsletter. Trump’s trade, ignited by his so-called “Liberation Day” tariffs, have ripped through the stock market and left investors worried about a … Read more
The facade of Norway’s central bank, also known as Norges Bank, in Oslo, Norway. Bloomberg | Bloomberg | Getty Images Norges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter loss of 415 billion kroner ($40 billion), citing weakness in the tech sector. “The quarter has been … Read more
Decentralized cloud computing platform Aethir has kicked off Batch 6 of its $100 million Ecosystem Fund, expanding support beyond AI agents to include promising real-world asset startups. According to an Apr. 23 announcement on Aethir’s (ATH) blog, the fund will now support selected RWA projects with decentralized GPU cloud computing grants. After supporting more than 25 … Read more
On February 3, 2025, President Donald Trump signed an executive order that could reshape the U.S. economy—and potentially your stock portfolio. The order directs the Treasury and Commerce Departments to develop a plan for a U.S. sovereign wealth fund (SWF) by May 4, 2025. For retail traders unfamiliar with SWFs or this development, this article … Read more
Stay informed with free updates Simply sign up to the UK property myFT Digest — delivered directly to your inbox. The owner of a skyscraper designed by renowned British architects Foster + Partners has launched a lawsuit over one of the City of London’s biggest developments, saying the 36-storey tower will obstruct the light. Kuwait’s … Read more
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