StablecoinX Inc. (Nasdaq: USDE) began trading Friday after closing its SPAC merger with TLGY Acquisition Corp., becoming the first publicly listed company holding approximately 3.03 billion ENA tokens and building infrastructure for the Ethena ecosystem.

Prediction-market operator Kalshi is in talks to raise fresh capital at a roughly $40 billion valuation, the Financial Times reported, nearly double the price tag from a $1 billion round that closed seven weeks ago at $22 billion.

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.

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 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 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 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 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.

Michael Saylor's firm paid an average $63,024 a coin this week, roughly 17% under the $75,656 it has paid across its entire 846,842-BTC treasury.

Trump-backed World Liberty Financial funded a $250,000 Performance of the Night bonus pool at UFC Freedom 250, distributing the awards in its USD1 stablecoin on the White House South Lawn.