Author: NBTC

The US initial public offering (IPO) market was the busiest it has ever been since 2021, as six big deals raised more than $4 billion over the week. This surge in activity is a welcome change of pace after a slowdown earlier in the year due to market volatility influenced by Trump’s tariff policies. The week’s success is also proof of renewed investor appetite for tech, fintech, and crypto-related listings. Klarna, Figure, and Gemini led the charge Some of the notable IPOs involved Klarna, Figure, Gemini, Legence, Black Rock Coffee Bar, and Via Transportation. Among the newcomers are significant players…

Google is fighting to prevent the breakup of its advertising business as a major U.S. antitrust trial gets underway in Alexandria, Virginia. The Department of Justice (DOJ) and several states are pushing for the tech giant to sell its ad exchange, AdX, arguing that it has abused its dominance in online advertising. This high-profile case is part of a broader U.S. crackdown on Big Tech. Similar legal battles are underway against Meta, Amazon, and Apple, making Google’s trial a key test of how far courts will go to reshape the online advertising landscape. DOJ pushes Google to sell AdX in…

Toyota Motor Corporation will open its Woven City smart city project on Thursday this week. The facility will test blockchain applications including ERC-4337 smart accounts for mobility services, peer-to-peer energy trading, and digital identity systems with residents participating in real-world validation of the technology. Furthermore, this project represents one of the first attempts to deploy distributed ledger systems in daily city operations. The testing environment will validate how blockchain technology integrates with urban infrastructure and resident services. What is Toyota’s Woven City? Woven City is a purpose-built “living laboratory” on the former Higashi-Fuji plant site at the base of Mount…

Rarible, a community-driven platform for an NFT marketplace, has announced its official integration with Polygon. The platform aims to move forward with its mission to increase accessibility in the digital collectibles landscape. Through this groundbreaking move, the users will be able to collect, trade, and launch non-fungible token (NFTs) directly on Rarible. With this, the users will further leverage fast, secure, and cost-efficient transactions on Polygon. 🎯 @rarible has officially integrated @0xPolygon, enabling fast, affordable, and secure transactions for NFTs on its marketplace. 💥 Users can now collect, trade, and launch #Polygon NFTs directly on #Rarible.🎗 And @Courtyard_io, a platform…

The United States and the United Kingdom announced the creation of a joint task force Monday aimed at enhancing ties between both nations’ crypto economies and easing restrictions on cross-border capital flows in the digital assets sector. The Transatlantic Taskforce for Markets of the Future will be chaired by officials from both the U.S. Treasury Department and His Majesty’s Treasury, and include representatives from relevant financial agencies in both countries responsible for digital assets regulation.  The group has been tasked with finding ways for both nations to collaborate on digital asset regulation in the near and longer term. It has…

India’s Centurion University of Technology and Management plans to issue more than 1,000 degrees annually on the Avalanche blockchain to make verifying credentials easier and more secure. Summary Students graduating from the Centurion University of Technology and Management will be able to receive their credentials on the Avalanche blockchain. The degree features a QR code that students can scan to verify their credentials. According to a press release sent to crypto.news, starting this academic year students graduating from the Centurion University of Technology and Management will be able to receive their university credentials on the blockchain. In a partnership with…

Ripple’s Cassie Craddock has revealed that she recently attended a high-profile roundtable in Downing Street together with the representatives of other leading cryptocurrency firms from the UK and the US. Notably, the roundtable included both UK Chancellor Rachel Reeves and US Secretary of the Treasury Scott Bessent. “Huge” opportunity Craddock has noted that there is a “huge” opportunity for closer cooperation between the U.S. and the U.K. “Increased international collaboration between the UK and US – including initiatives such as the roundtable earlier this week – will further serve to unlock the full economic potential of blockchain technology in both…

Key Takeaways Forward Industries will launch tokenized shares on the Solana blockchain via Superstate, enabling digital versions of its NASDAQ-traded stock. The move marks a substantial blockchain shift for Forward Industries, which recently raised $1.65 billion for a Solana-based treasury. Forward Industries plans to launch tokenized shares on the Solana blockchain through Superstate, a blockchain-focused firm specializing in tokenizing traditional assets. The company, which trades under the ticker $FORD on NASDAQ, will use Superstate’s platform to create digital versions of its stock as blockchain tokens. This move follows Forward Industries’ blockchain pivot, including raising $1.65 billion to build a Solana-based…

Dollar-pegged stablecoins will eventually lose their price tickers, as exchanges abstract away the differently denominated stable tokens on the backend, presenting only a “USD” option to the user, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. The bidding war for the Hyperliquid USD stablecoin (USDH), and proposals from several firms promising to give 100% of the yield back to Hyperliquid, revealed that the stablecoin sector has become “commoditized,” Mumtaz said. Mumtaz added that he expects many companies to issue their own stablecoins and many existing stablecoin issuers to start their own payment chains in the…

The week of September 7-13 was a milestone period with $1.213 billion in crypto funding across 10 projects, including VC rounds and initial public offerings. Summary Crypto funding totaled $1.21b with IPOs leading the week’s major capital inflows Figure’s $787.5m IPO marked one of the largest public offerings in crypto history Gemini raised $425m IPO while Rapyd secured $500n in Series F for fintech growth Here’s a comprehensive overview of this week’s crypto funding activity as per Crypto Fundraising data: Figure Figure raised $787.5 million through IPO The project offers loan origination and equity management Figure has bagged $2.51 billion…