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Centralized Finance, financial firms with centralized teams, closed entities and custodied funds, which transact with digital assets and offer services to the blockchain industry.

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Bybit, Binance and Bitget Wallet Cancel Tokenized SpaceX Allocations as xStocks Fails to Deliver Shares

Bybit, Binance and Bitget Wallet Cancel Tokenized SpaceX Allocations as xStocks Fails to Deliver Shares

Three major crypto exchanges canceled their tokenized SpaceX IPO allocation campaigns Friday after xStocks could not source underlying shares, while rival onchain protocols from Ondo, xStocks' DeFi arm and Backpack launched successfully on the same morning.

Recent articles

Bybit, Binance and Bitget Wallet Cancel Tokenized SpaceX Allocations as xStocks Fails to Deliver Shares

Bybit, Binance and Bitget Wallet Cancel Tokenized SpaceX Allocations as xStocks Fails to Deliver Shares

Three major crypto exchanges canceled their tokenized SpaceX IPO allocation campaigns Friday after xStocks could not source underlying shares, while rival onchain protocols from Ondo, xStocks' DeFi arm and Backpack launched successfully on the same morning.
Coinbase Gives AI Agents Their Own Accounts to Trade and Pay

Coinbase Gives AI Agents Their Own Accounts to Trade and Pay

Coinbase launched Coinbase for Agents, a standalone account that lets AI assistants including ChatGPT and Claude execute crypto trades, manage portfolios, and pay for data autonomously under user-defined guardrails. x402 payments integration arrives next week.
Brian Armstrong Says Coinbase Processes $1T in Stablecoin Payments Annually

Brian Armstrong Says Coinbase Processes $1T in Stablecoin Payments Annually

Coinbase CEO Brian Armstrong disclosed three platform-scale metrics on Thursday: approximately $1 trillion in annual stablecoin movement, $20 billion in USDC held on platform, and more than 160 million autonomous transactions via the x402 agentic payments protocol in the last year.
OKX Adds Magnificent 7 Stocks, Commodities to European X-Perps Lineup

OKX Adds Magnificent 7 Stocks, Commodities to European X-Perps Lineup

OKX launched 13 new X-Perps markets in Europe on Monday, adding perpetual futures on all seven Magnificent 7 stocks, gold, silver, oil benchmarks, SPY, and QQQ with 24/7 trading and up to 10x leverage.
Bybit and Kraken Add xStocks SpaceX Tokenized Equity as Pre-IPO Derivatives Race Reaches Four Venues

Bybit and Kraken Add xStocks SpaceX Tokenized Equity as Pre-IPO Derivatives Race Reaches Four Venues

Bybit and Kraken both launched 1:1 equity-backed SpaceX exposure via xStocks, joining Coinbase International and BitMEX in a four-venue race that now splits between synthetic perpetuals and regulated tokenized equity issued by Backed Assets (JE) Limited.
Coinbase Launches Pre-IPO Perpetual Futures, Starting with SpaceX

Coinbase Launches Pre-IPO Perpetual Futures, Starting with SpaceX

Coinbase International Exchange, operating through its BMA-licensed Bermuda entity, now offers USDC-settled perpetual futures on private-company valuations, with SpaceX as the first listing.
Robinhood Closes $180M WonderFi Deal, Crossing 1M International Customers as It Enters Canada

Robinhood Closes $180M WonderFi Deal, Crossing 1M International Customers as It Enters Canada

The retail brokerage's first Canadian footprint comes via a year-late buyout of the operator of Bitbuy and Coinsquare, adding roughly 300,000 funded crypto customers in a single transaction.
Coinbase Launches Perpetual Equity Index Futures in the U.S. on June 8

Coinbase Launches Perpetual Equity Index Futures in the U.S. on June 8

Coinbase is expanding its trading offerings by launching perpetual-style equity index futures on June 8, allowing users to go long or short on market sectors and trends.
Fireblocks Launches Agentic Payments Suite for PSPs and Fintechs

Fireblocks Launches Agentic Payments Suite for PSPs and Fintechs

Fireblocks introduced its agentic payments infrastructure, enabling AI agents to execute crypto transactions on behalf of users through embedded wallet and compliance-ready technology.
Circle's USYC Becomes Largest T-Bill Fund on BNB Chain at $2.9 Billion

Circle's USYC Becomes Largest T-Bill Fund on BNB Chain at $2.9 Billion

Circle's USYC tokenized Treasury bill fund has reached $2.9 billion in market cap, becoming the largest T-Bill fund deployment across blockchain networks.