Blockchain.com Seeks US Listing This Year, Targets Up to $500 Million at $4 Billion to $6 Billion Valuation

Blockchain.com is pursuing a U.S. stock market listing this year that could raise as much as $500 million. Bloomberg reported on September 28 that Blo

• Blockchain.com is planning a U.S. stock market listing this year, aiming to raise up to $500 million with a valuation between $4 billion and $6 billion.
• The company has reportedly achieved adjusted profitability over the last three years and is exploring a plan with the NYSE for 24/7 trading of tokenized U.S. stocks and ETFs.
• This move comes amid a recovery in the crypto market, though past crypto firm IPOs have seen significant share price drops.

Topics: Institutional adoption, Jurisdictions, Blockchain usage, Asset manager initiatives, Established hubs, Ethereum evm l 1 s

Tags: #blockchaincom #uslisting #ipo #valuation #cryptomarket #tokenizedstocks #etfs #nyse #regulatoryfiling #profitability

Read more

Why Standard Chartered Sees 5x Upside for SKY

Key Takeaways The target implies a $7.6B valuation. USDS growth alone does not value SKY. Surplus first funds savers and […] The post Why Standard Chartered Sees 5x Upside for SKY appeared first on Coindoo.

• Standard Chartered research suggests a potential 5x upside for Sky's governance token (SKY), targeting a $7.6 billion valuation by end-2028.
• The valuation hinges on USDS adoption, sustainable protocol surplus, and governance directing funds towards SKY holders via buybacks and staking rewards, after covering savings, reserves, and operational costs.
• While Sky performs bank-like functions, its risk structure differs, with potential vulnerabilities in smart contracts, collateral, and governance, making sustainable income crucial for the SKY token's value.

Topics: Asset types, Integration with defi, Yield performance, Stablecoins digital cash, Rwa collateral lending, Yield farming structured products, Treasury bond yields

Tags: #standardchartered #skytoken #usds #stablecoin #governancetoken #protocolsurplus #defi #yield #valuation #buybacks

Read more

Kraken IPO delayed until Q2 2027: report

Kraken parent Payward has delayed its planned IPO until at least Q2 2027 as weak crypto markets and lower trading activity weigh on listings.

• Kraken's parent company, Payward, has delayed its planned IPO until at least Q2 2027 due to weak crypto markets and reduced trading activity.
• The company confidentially submitted a draft S-1 registration statement in November 2025 and previously raised $800 million at a $20 billion valuation.
• Despite market challenges, Payward reported a 17% increase in adjusted revenue to $508 million in Q2, though overall transaction volume decreased.

Topics: Institutional adoption, Scalability, Legal regulatory, Asset manager initiatives, Growth metrics, Securities law classification

Tags: #kraken #ipo #payward #sec #cryptocurrency #marketconditions #registrationstatement #valuation #revenue #tradingvolume

Read more

JPM Looks 13.7% Overvalued on GF Value™ Amid Tokenized Deposit Push

On August 28, 2026, Pablo Hernández de Cos, General Manager of the Bank for International Settlements, voiced support for tokenized deposits at the Federal Res

• JPMorgan Chase is preparing to launch a tokenized deposit network in 2027, aiming to compete with stablecoins and crypto entities, receiving support from the Bank for International Settlements.
• Despite a strong GF Score™, JPM's Price-to-Sales ratio is elevated, suggesting market expectations of future growth, though the company is currently unprofitable and cash-flow negative.
• Mixed sentiment from institutional investors and significant insider selling raise concerns about JPM's current valuation and financial leverage, despite its strategic initiatives in tokenization.

Topics: Banks bankingsystems, Public debt, Integration with defi, Custody asset servicing, Tokenized us treasuries, Rwa collateral lending

Tags: #jpmorganchase #tokenizeddeposits #jacksonhole #bis #stablecoins #gfvalue #pricetosalesratio #insiderselling #gurus #valuation

Read more

Fasset Hits $1 Billion Valuation After $68 Million SBI-Led Funding Round

Stablecoin neobank Fasset has raised $68 million in a Series C led by SBI Group at a $1 billion valuation as transaction volume tops $40 billion annualized.

• Fasset, a stablecoin-focused financial platform, has secured $68 million in a Series C funding round led by SBI Group, achieving a $1 billion valuation.
• The company's growth is driven by over $40 billion in annualized transaction volume and expansion of its 'Own Network' infrastructure, connecting traditional finance with blockchain settlement.
• This funding highlights a shift in investor focus towards stablecoin infrastructure and its role in mainstream payments, cross-border transactions, and tokenized asset settlement.

Topics: Institutional adoption, Integration with defi, Scalability, Asset manager initiatives, Rwa collateral lending, Institutional capital inflows

Tags: #fasset #stablecoin #sbigroup #fundinground #valuation #transactionvolume #ownnetwork #crossborderpayments #tokenizedassets #financialinfrastructure

Read more

We Asked 3 AI Models if Hedera (HBAR) Price Can Ever Reach $10

Hedera has already shown that HBAR can deliver powerful moves, but reaching $10 would require a transformation far beyond another altcoin rally. The HBAR price is trading around $0.07762, down from its $0.5701 all-time high, even after gaining about 12% over the past week. With a...

• Three AI models (ChatGPT, Claude, Gemini) analyzed Hedera's (HBAR) potential to reach $10, concluding it's mathematically possible but extremely ambitious.
• Achieving $10 would require HBAR's market cap to surge from $3.4 billion to $438-$500 billion, necessitating massive enterprise adoption, significant institutional capital inflows, and substantial growth in the overall digital asset market.
• While Hedera has strong fundamentals like enterprise partnerships and tokenized asset use cases, the current tokenomics (fees pegged to USD, no fee-burn model) present challenges, making $10 an extreme upside scenario rather than a base-case forecast.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Growth metrics, Asset manager initiatives

Tags: #hedera #hbar #aianalysis #pricetarget #marketcap #enterpriseadoption #tokenizedassets #institutionalcapital #valuation #cryptocurrency

Read more

Circle Internet Group vs. Salesforce: Which Technology Stock Is a Better Buy in 2026?

• The article compares Circle Internet Group, issuer of the USDC stablecoin, with Salesforce, a dominant CRM software provider, to determine which is a better buy in 2026.
• Circle shows rapid revenue growth but a net loss, with its business model dependent on interest rates and facing regulatory uncertainty, while Salesforce demonstrates strong profitability, free cash flow, and AI integration.
• The author recommends Salesforce due to its proven profitability and clear growth story, while acknowledging Circle's potential in the long run but highlighting its current fragility and unproven model.

Topics: Asset types, Institutional adoption, Legal regulatory, Stablecoins digital cash, Asset manager initiatives, Securities law classification

Tags: #circleinternetgroup #usdc #stablecoin #salesforce #crm #fintech #software #digitaldollars #regulatoryuncertainty #valuation

Read more

Stocks Are Overvalued. Cryptocurrencies Are Cheap, and Are Stacking Revenue. Is Now a Good Time to Buy?

• Stocks are currently overvalued by standard metrics, with high P/E and P/S ratios, while certain cryptocurrencies like Ethereum, Solana, and Hyperliquid are considered cheap despite growing revenue.
• The article highlights that while stocks are expensive due to high demand, revenue-generating cryptocurrencies are experiencing price declines but improving financial fundamentals, creating a potential buying opportunity.
• Different cryptocurrencies have varying mechanisms for value accrual to holders, with Hyperliquid's token buyback program being particularly effective in returning value, suggesting a favorable setup for value investors in the crypto space.

Topics: Asset types, Scalability, Integration with defi, Financial instruments, Growth metrics, Rwa collateral lending

Tags: #ethereum #solana #hyperliquid #protocolrevenue #valuation #stocks #cryptocurrencies #bullmarket #feeburns #tokenbuybacks

Read more

Crypto.com Funding Hits $400M as Citadel Backs $20B Valuation

Crypto.com funding secured $400 million from Citadel Securities, valuing the exchange at $20 billion for broader asset expansion.

• Crypto.com has secured $400 million in funding from Citadel Securities, valuing the exchange at $20 billion.
• The capital will be used to expand into tokenized securities, derivatives, and other asset classes, connecting digital and traditional finance.
• This marks Crypto.com's first institutional funding round and highlights growing interest from major market makers in the tokenization space.

Topics: Institutional adoption, Infrastructure providers, Scalability, Asset manager initiatives, Tokenization platforms, Institutional capital inflows, Market depth liquidity

Tags: #cryptocom #citadelsecurities #funding #valuation #tokenizedsecurities #derivatives #institutionalinvestment #marketmaker #blockchainsettlement #digitalassets

Read more

Business banking fintech Flex raises $70 million

Now with a self-reported valuation of $1.2 billion, Flex plans to expand its global banking services through using stablecoins to settle cross-border payments.

• Fintech company Flex has raised $70 million in a Series B1 funding round, reaching a $1.2 billion valuation.
• Flex is launching a global banking service that utilizes stablecoins for cross-border payment settlements.
• The company plans to use the new funding to expand its global services and double its employee headcount.

Topics: Asset types, Integration with defi, Payment system integration, Stablecoins digital cash, Rwa collateral lending, Stablecoin payments remittances, Cross border settlement

Tags: #flex #stablecoins #crossborderpayments #fintech #businessbanking #globalbanking #fundraising #valuation #paymentvolume

Read more

Neuralink Pre-IPO on Binaryx: Deal Terms & Risks

Binaryx opens pre-IPO investing in Neuralink from $250 at a $44B entry valuation. Deal terms, a worked example, and the risks, explained in full.

• Binaryx is offering pre-IPO investment opportunities in Neuralink, a brain-computer interface company founded by Elon Musk, with a minimum investment of $250 and an entry valuation of $44 billion.
• The platform utilizes a tokenized ownership model, similar to its real estate ventures, to provide broader access to private equity deals, though significant risks including regulatory timelines, competition, and long-term holding periods are highlighted.
• The article details the deal structure, potential returns based on specific scenarios, and emphasizes the inherent risks associated with early-stage, pre-revenue companies and pre-IPO investing.

Topics: Private market, Institutional adoption, Scalability, Private equity vc, Onboarding prime brokerage, Institutional capital inflows

Tags: #neuralink #preipo #binaryx #elonmusk #braincomputerinterface #privateequity #valuation #investment #risk #tokenization

Read more

Erebor Bank seeks $8B valuation as crypto banking bet pays off

Erebor Bank is pursuing an $8B valuation after deposits topped $4B, building on rapid growth and its crypto-focused national banking strategy.

• Erebor Bank is seeking an $8 billion valuation following a significant increase in deposits to over $4 billion, driven by its crypto-focused national banking strategy.
• The bank targets technology, AI, defense, and crypto firms, offering services like blockchain-enabled payments and crypto-backed lending.
• Regulatory progress, including a national bank charter from the OCC, supports its expansion into digital asset activities.

Topics: Institutional adoption, Blockchain usage, Banks bankingsystems, Asset manager initiatives, Ethereum evm l 1 s, Custody asset servicing

Tags: #ereborbank #cryptobanking #valuation #deposits #fundinground #nationalbankcharter #ai #technologyfirms #occ #siliconvalleybank

Read more

Kraken Aave Stake Talks Expose DeFi Pricing Paradox: Revenue Flows to Token, Not Equity

Kraken Aave stake talks at a $385 million valuation drew an immediate rejection from founder Stani Kulechov, who called it a 70% discount. The dispute exposes a structural DeFi lending paradox: under

• Kraken's proposed investment in Aave at a $385 million valuation has been rejected by Aave's founder, highlighting a paradox where protocol revenue flows to token holders, not the corporate entity.
• This structural issue questions the value of 'equity' in fully decentralized protocols, as Aave's 'Aave Will Win' framework directs all revenue to the DAO and AAVE token holders, leaving Aave Labs as a service provider.
• The situation underscores the challenge for institutional investors needing equity instruments and the ongoing debate on how to price DeFi protocol equity distinct from its governance token.

Topics: Institutional adoption, Integration with defi, Legal regulatory, Asset manager initiatives, Rwa collateral lending, Securities law classification

Tags: #aave #kraken #defi #tokenization #equity #valuation #governance #dao #aavelabs #aavegroup

Read more

Bloom Energy Soared After a New AI Power Report. Is the Fuel Cell Stock a Buy?

• Bloom Energy's stock surged due to a report highlighting AI's massive electricity demand and the grid's inability to meet it, positioning fuel cells as a key solution for data centers.
• The company secured significant contracts, including one with Oracle, and reported substantial revenue growth, indicating strong demand for its on-site power generation technology.
• Despite strong performance and demand, the stock's high valuation and potential risks like customer build-out delays and regulatory hurdles lead to a cautious outlook.

Topics: Infrastructure providers, Scalability, Legal regulatory, Tokenization platforms, Institutional capital inflows, Investor protection disclosure

Tags: #bloomenergy #aipower #datacenter #fuelcells #grid #onsitepower #oracle #nebiusgroup #valuation #stock

Read more

SpaceX at $2.5 Trillion vs. Bitcoin at $1.3 Trillion: Inside the New Risk Trade of 2026

• SpaceX's high valuation is driving a shift in investor capital towards high-risk assets, contrasting with Bitcoin's market cap.
• The article discusses the potential for tokenized SpaceX shares to be traded, but notes their collapse on crypto exchanges.
• This highlights a new 'risk trade' for 2026, involving the interplay between traditional high-growth companies and digital asset markets.

Topics: Asset types, Institutional adoption, Scalability, Equity, Asset manager initiatives, Market depth liquidity

Tags: #spacex #bitcoin #tokenizedshares #risktrade #valuation #ipo #cryptoexchanges #marketliquidity #institutionalcapital

Read more

Bitcoin miners' AI pivot faces $50 billion reality check, says VanEck

VanEck says investors are shifting focus from contract announcements to execution risk as miners chase AI revenue.

• Bitcoin miners pivoting to AI infrastructure face significant funding challenges, with a near-term gap of $50 billion and long-term needs of $221 billion.
• Investors are shifting focus from AI contract announcements to the execution risk of building and operating data centers, with only 25% of leased capacity delivered.
• Valuations will increasingly depend on 'energized power' and tenant quality, favoring miners with investment-grade hyperscaler clients and timely project completion.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Growth metrics, Institutional capital inflows

Tags: #bitcoinminers #aiinfrastructure #vaneck #fundinggap #datacenters #executionrisk #valuation #energizedpower #tenantquality #hyperscalers

Read more

Brian Moriarty and Jack Shannon: Putting Private Markets Funds Through Their Paces

Morningstar’s Manager Research team has cast its gaze on a newer class of funds that aims to widen investors’ access to private markets. We discuss the process the team plies in doing its due diligence on these funds, their prospective risks and rewards, and the overarching objective of the team’s research—sending clear and actionable signals to investors.

• Morningstar's Manager Research team is developing a process to evaluate semiliquid funds, which offer investors access to private markets like private credit and private equity.
• Key challenges in evaluating these funds include managing liquidity, understanding complex fee structures, and assessing valuation methodologies due to the inherent opacity of private markets.
• The research aims to provide investors with actionable signals, like the Morningstar Medalist Rating, to help them navigate the risks and rewards of these increasingly popular but complex investment vehicles.

Topics: Private market, Institutional adoption, Risk default, Private credit debt funds, Asset manager initiatives, Credit counterparty risk

Tags: #privatemarkets #semiliquidfunds #morningstar #duediligence #liquidity #valuation #leverage #fees #privatecredit #privateequity

Read more