Funding will be used to build and scale Babylon Trustless BTCVaults, enabling native bitcoin to be used as onchain collateral without custodians or wrapping.
The company raised $500 million in November 2025 at a valuation of $40 billion from investors such as Fortress Investment Group and Citadel Securities.
The Senate is approaching a potential markup that may advance crypto legislation to a vote, and industry insiders are amassing for a lobbying push this week.
Shares of the Michael Saylor-led firm had been under pressure not just from weak bitcoin prices, but also the chance that the indexing giant might exclude DATs from its indexes.
Bitcoin and ether are off to a strong start this year, and Bitwise says the path to new highs hinges on market stability, U.S. legislation and calm equities.
Security researchers spoke to CoinDesk about how users can protect themselves after Monday’s breach saw yet more Ledger customer data leaked to malicious actors.
Senators met to restart the high-stakes negotiation over the crypto market structure bill, and one of them reportedly said a markup is planned next week.
Ledn co-founder Mauricio Di Bartolomeo, born and raised in Venezuela, argues that the country’s government is simply too corrupt and incompetent to have accumulated a rumored $60 billion stash of bitcoin.
Quantitative tightening is over and balance sheets are growing again, but cycle theory and adoption concerns still cloud bitcoin's upside, according to Schwab's Jim Ferraioli.
Market participants defended rising support while trading volume surged 66% above average during resistance tests near $908, pointing to increasing demand ahead of major network upgrade.