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Exclusive: Harvard grads raise $20 million for Ostium, a platform focused on a derivative popular with crypto traders
NewsSeptember 23, 20264 min read

Exclusive: Harvard grads raise $20 million for Ostium, a platform focused on a derivative popular with crypto traders

Another startup focused on a buzzy derivative popular among crypto traders has attracted serious cash. Ostium, a decentralized exchange founded by two Harvard graduates, has raised a $20 million Series…

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Exclusive: Former Citadel employees raise $17 million for Fin, a global stablecoin app ‘without all the complexity’
NewsSeptember 23, 20263 min read

Exclusive: Former Citadel employees raise $17 million for Fin, a global stablecoin app ‘without all the complexity’

When Ian Krotinsky and Aashiq Dheeraj worked at Citadel, they spent their nights and weekends on hacking projects. Krotinsky says that they built a version of Reddit where the user…

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Bitcoin’s biggest booster Michael Saylor fights to stave off an $8 billion collapse and being the first major crypto domino to fall
NewsSeptember 23, 202611 min read

Bitcoin’s biggest booster Michael Saylor fights to stave off an $8 billion collapse and being the first major crypto domino to fall

Billionaire Michael Saylor has been in tight spots before but nothing like this. The share price of Saylor’s firm, Strategy, which owns over 3% of the world’s Bitcoin, is down…

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Bitcoin bounces back more than 10% after brutal week
NewsSeptember 23, 20262 min read

Bitcoin bounces back more than 10% after brutal week

Bitcoin is known for its volatility—and lately it’s living up to that reputation. After a weeks-long stretch of decline, Bitcoin’s price jumped around 11% in the last two days alone,…

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Michael Saylor’s Strategy may have BlackRock to thank for the 11% rise in Bitcoin
NewsSeptember 23, 20263 min read

Michael Saylor’s Strategy may have BlackRock to thank for the 11% rise in Bitcoin

Bitcoin is holding at just above $93,000 per coin this morning after staging a nearly 11% rally since its low on Nov. 22 of just above $84,000. Its recovery seems…

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Battle for sports betting market heats up as Polymarket announces return to the U.S.
NewsSeptember 23, 20263 min read

Battle for sports betting market heats up as Polymarket announces return to the U.S.

The world’s largest prediction market platform is returning to the U.S. On Wednesday, Polymarket posted on X that users can get on the waitlist for its app, saying the company will…

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Facing a vast wave of incoming liquidity, the S&P 500 prepares to surf to a new record high
NewsSeptember 23, 20263 min read

Facing a vast wave of incoming liquidity, the S&P 500 prepares to surf to a new record high

The S&P 500 index ticked up 0.3% yesterday, and has risen eight times in the last nine trading sessions. It is now less than half a percentage point away from…

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So much of crypto is not even real—but that’s starting to change
NewsSeptember 23, 20264 min read

So much of crypto is not even real—but that’s starting to change

We spend a lot of time on the road meeting with LPs, fellow investors, and founders. No matter where the conversation starts – whether it’s in Singapore, Abu Dhabi, London,…

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Binance has been proudly nomadic for years. A new announcement suggests it’s finally chosen a headquarters
NewsSeptember 23, 20263 min read

Binance has been proudly nomadic for years. A new announcement suggests it’s finally chosen a headquarters

For years, Binance has dodged questions about where it plans to establish a corporate headquarters. On Monday, the world’s largest crypto exchange made an announcement that indicates it has chosen…

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Citadel’s shot at Andreessen Horowitz points to coming battle over DeFi and U.S. stock trading
NewsSeptember 23, 20265 min read

Citadel’s shot at Andreessen Horowitz points to coming battle over DeFi and U.S. stock trading

A quiet fight between two of the most powerful names in finance burst into the open last week. In a letter to the Securities and Exchange Commission, Citadel Securities complained…

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