Crypto custody firm Copper in early talks for IPO as crypto ‘plumbing’ becomes new Wall Street favorite

Crypto custody firm Copper is in early talks about a public listing, according to three people with knowledge of the matter. Goldman Sachs, Citi and Deutsche Bank are among the investment banks potentially involved, according to one source. The decision on whether to pursue a listing will hinge on the company’s near-term revenue performance, a…

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Robinhood (HOOD) is investing in crypto trading platform Talos at $1.5 billion valuation

Robinhood (HOOD) is investing in Talos, an institutional trading technology provider for digital assets, in an extended Series B funding round that values the New York-based company at around $1.5 billion. Talos originally raised $105 million in a Series B funding round in May 2022, valuing the firm at $1.25 billion. The new extension brings…

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First gold and silver, now oil’s starting to rally and that’s not good news for bitcoin

For bitcoin BTC$88,099.16 bulls, it feels like one setback after another. First precious metals like gold and silver surged to record highs, sucking capital away from the crypto market. And now oil’s starting to surge too, threatening to skew macroeconomic forces in favor of bitcoin bears. The per barrel price for the West Texas Intermediate…

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World token jumps as Sam Altman reportedly eyes a biometric social network to kill off bots

World Network (formerly Worldcoin) WLD token surged more than 27% on Wednesday after a Forbes report linked the controversial crypto project to OpenAI’s broader effort to fight bots online. OpenAI CEO Sam Altman wants to build a “biometric social network” to help online platforms verify users and weed out AI-generated accounts, Forbes reported, citing people…

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