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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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Bithumb Lists Canton (CC) in Korean Won Market as Institutional Blockchain Eyes Retail Liquidity

Bithumb Lists Canton (CC) in Korean Won Market as Institutional Blockchain Eyes Retail Liquidity

South Korea’s second-largest exchange has listed Canton Coin in its KRW market, opening the Goldman-backed, DTCC-integrated blockchain to retail investors ahead of the 14:00 KST trading start on June 23.

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Bithumb Lists Canton (CC) in Korean Won Market as Institutional Blockchain Eyes Retail Liquidity

Bithumb Lists Canton (CC) in Korean Won Market as Institutional Blockchain Eyes Retail Liquidity

South Korea’s second-largest exchange has listed Canton Coin in its KRW market, opening the Goldman-backed, DTCC-integrated blockchain to retail investors ahead of the 14:00 KST trading start on June 23.
Kalshi Eyes Broader Asset Classes for Perpetual Futures After $5.5B Crypto Launch

Kalshi Eyes Broader Asset Classes for Perpetual Futures After $5.5B Crypto Launch

After generating $5.5 billion in trading volume in two weeks, Kalshi is pushing to extend its CFTC-regulated perpetual futures beyond crypto into a wider range of asset classes.
Coinbase Stakes Out Brokerage Territory With SEC-Registered AI Advisor and Stock Options Push

Coinbase Stakes Out Brokerage Territory With SEC-Registered AI Advisor and Stock Options Push

Coinbase used its latest "System Update" Tuesday to push deep into territory long held by retail brokerages, rolling out an SEC-registered AI investment advisor, stock and ETF trading on its professional platform, and options markets for both equities and crypto. The bundle moves the exchange's competitive frame from Binance and Kraken toward Robinhood, Schwab, and Interactive Brokers.
Robinhood Cuts 10% of Workforce, Takes $28M Restructuring Charge

Robinhood Cuts 10% of Workforce, Takes $28M Restructuring Charge

Robinhood is cutting roughly 10% of its full-time employees in a corporate restructuring CEO Vlad Tenev has framed as a push for a high performance culture, with $28 million in charges expected in Q2 2026.
Kraken and Coinbase Bring Perps Onshore as US Derivatives Markets Shift

Kraken and Coinbase Bring Perps Onshore as US Derivatives Markets Shift

Kraken and Coinbase each launched perpetual futures products Monday, with Kraken going live on CFTC-regulated crypto contracts via Bitnomial and Coinbase introducing four thematic equity-index perpetuals on US soil.
Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado

Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado

Paradigm has led a roughly $9 million round in El Dorado, the stablecoin-powered payments app that has signed up more than a million users across Latin America. The bet extends the venture firm's push into dollar-rails for emerging markets.
Coinbase Brings US-Regulated Gold and Silver Futures to 24/7 Trading, with Oil Next

Coinbase Brings US-Regulated Gold and Silver Futures to 24/7 Trading, with Oil Next

Coinbase Derivatives is moving its CFTC-registered gold and silver futures to around-the-clock trading effective Friday evening, the first time these US-regulated contracts will not close for weekends, with oil futures to follow.
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.