Here is what happened yesterday in the crypto market:
Robinhood Completes Acquisition of Crypto Exchange Bitstamp
Robinhood has finalized its $200 million acquisition of Bitstamp, gaining over 50 licenses and registrations along with an established institutional client base.
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Metaplanet Increases Bitcoin Holdings to Over $930M
Metaplanet’s recent acquisition of 1,088 Bitcoin brings its total BTC stash to over $930 million, solidifying its position as a major corporate Bitcoin holder.
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Circle Eyes $7.2B Valuation in Upsized U.S. IPO
Stablecoin issuer Circle is targeting a fully diluted valuation of up to $7.2 billion in its upcoming IPO, signaling strong investor demand.
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Taiwanese Crypto Exchange BitoPro Possibly Hacked
Taiwanese crypto exchange BitoPro may have been hacked, with approximately $11 million in crypto being drained from its hot wallets.
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Sberbank Launches Bitcoin-Linked Bonds
Russia’s largest bank, Sberbank, has introduced structured bonds that track Bitcoin’s price and the dollar-to-ruble exchange rate.
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