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Exclusive: Crypto exchange Kraken raises $200 million from Ken Griffin’s Citadel Securities to notch $20 billion valuation

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One of the world’s largest crypto exchanges has raised a huge stash of capital from a blue chip financial titan. The Wyoming-based Kraken secured $200 million in a strategic investment from Citadel Securities, the nearly 25-year-old market maker, a Kraken spokesperson confirmed to Fortune. The investment valued the crypto exchange at $20 billion.  The round … Read more

European stocks advance as AstraZeneca and GSK notch gains

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Stocks listed in Europe were higher on Monday, as investors monitored the impact of a potential U.S. government shutdown later in the week. The pan-European Stoxx 600 was up about 0.14% by 3:25 p.m. in London (10:25 a.m. Eastern time), with most sectors in positive territory. The FTSE 100 traded 0.17% higher, although the DAX … Read more

NFTs notch a strong week but participation collapsed by 80%

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NFTs, or non-fungible tokens, notched another strong week with a 20.67% rise in sales to $122.6 million, even as buyer and seller participation collapsed by over 80%. Ethereum reclaimed the top blockchain spot with $50 million in sales, while Bitcoin jumped from sixth to second place amid broader crypto market highs: BTC hit a new … Read more

Markets notch small gains as tech stocks rise and Trump delivers mixed signals on tariffs

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Stock markets rose slightly Friday on the back of gains in tech stocks like Alphabet and Nvidia as well as conflicting messages from President Donald Trump on tariffs. The S&P 500 was up 0.75%, the Dow Jones was flat, and the tech-heavy Nasdaq jumped 1.25%. The rise caps off a positive week for markets. The … Read more

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