Ark Invest Scoops Up 54,776 Coinbase Shares Worth $8M After Post‑Earnings Slump
TL;DR Ark Invest bought 54,776 Coinbase shares worth $8 million, distributed across three of its ETFs, following the post-earnings market decline. The firm led by Cathie
Circle (Latest Publications)
Crypto Week Ahead: U.S. Jobs Data Plus Circle, Galaxy and American Bitcoin Earnings
TL;DR Labor Data: Friday’s U.S. jobs report anchors the Crypto Week, with a modest hiring rise seen as supportive for risk assets without pressuring the Fed
NYDFS Grants Circle a Limited-Purpose Trust Charter for Its New York Trust Entity
TL;DR Circle received a limited-purpose trust charter from NYDFS for Circle New York Trust, adding state oversight for USDC issuance in its global headquarters. The New
USDC Issuer Circle Targets IBM’s Deep Blockchain Portfolio With Deal for 1,000 Patents
Circle said July 27 that it acquired fundamental assets from IBM’s blockchain patent portfolio, covering more than 680 patent families and nearly 1,000 issued patents worldwide.
Circle expands in South Korea through new partnerships with Kakao and Toss
TL;DR Circle signed memoranda of understanding with Kakao Group and Toss Bank to explore stablecoin payment infrastructure in South Korea. The agreement with Kakao covers won-backed
Circle CEO Jeremy Allaire Says Stablecoins Will Soon Become Invisible
TL;DR Jeremy Allaire says stablecoins are moving beyond crypto trading toward payments and capital markets, eventually operating invisibly behind familiar financial services. Circle’s newly approved national
Circle Suspended Arbitrage Fund in 2023 Over Suspected Efforts to Aid Competitor Tether
TL;DR: In May 2023, Tether held a cumulative position of $504.6 million in Heka’s Elysium fund, a figure that rose to $800 million at the time
ARK Adds 220K Circle Shares as Pressure Builds
ARK Invest added another 220,000 Circle Internet Group shares across its actively managed ETFs, extending its exposure to the USDC issuer through its daily trade disclosure
Circle and Coinbase Face a “Prisoner’s Dilemma,” JPMorgan Says
TL;DR: JPMorgan lowered forecasts for Circle and Coinbase, saying their revamped Hyperliquid arrangement creates a near-term revenue headwind and a long-term USDC economics threat. Hyperliquid holds
Japan’s JCB Taps Circle to Explore Stablecoin Payments for Cross‑Border and Merchant Transactions
TL;DR: JCB, Japan’s largest card network, signed a memorandum of understanding with Circle to explore USDC payments in the country. The alliance targets cross-border treasury operations,
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