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CeFi

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

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
CeFi

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
CeFi

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
CeFi

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
CeFi

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.
Kraken Launches Bitcoin Vault Earning Product Offering up to 2.5% BTC Rewards
CeFi

Kraken Launches Bitcoin Vault Earning Product Offering up to 2.5% BTC Rewards

Kraken has announced Bitcoin Vault, a new product within Kraken Earn that allows customers to earn up to 2.5% in BTC-denominated rewards on their Bitcoin holdings.
Coinbase Launches Perpetual Equity Index Futures in the U.S. on June 8
CeFi

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

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.
Kraken Migrates to Chainlink CCIP for Wrapped Bitcoin and Future Wrapped Assets
CeFi

Kraken Migrates to Chainlink CCIP for Wrapped Bitcoin and Future Wrapped Assets

Kraken is deprecating its existing cross-chain infrastructure and moving exclusively to Chainlink CCIP to secure Kraken Wrapped Bitcoin (kBTC) and all future wrapped assets.
Kraken Launches Flexline, Crypto-Backed Lending Product for Builders and Traders
CeFi

Kraken Launches Flexline, Crypto-Backed Lending Product for Builders and Traders

Kraken introduced Flexline, a lending product that accepts cryptocurrency as collateral at 10–25% APR fixed rates, targeting crypto-native businesses and high-net-worth individuals excluded from traditional banking.