Analysis Archive – Page 170

eToro Q1 Crypto Revenue Drops to $2.15B as Commodities Take Over
eToro's Q1 2026 crypto revenue fell to $2.15B from $3.5B as commodities became 60% of trading commissions, yet the broker still posted a record $82M profit.

JPMorgan Files Tokenized Money Market Fund on Ethereum and Solana
JPMorgan filed a prospectus on May 12 for a tokenized cash fund built on Ethereum and Solana, putting institutional liquidity on two public chains.

Elliptic Raises $120M Series D at $670M Valuation From Nasdaq, Deutsche Bank
Blockchain analytics firm Elliptic closes a $120M Series D backed by Nasdaq Ventures and Deutsche Bank, valuing the company at $670M as compliance demand grows.

Tether Freezes $344M in USDT Tied to Iran Central Bank Wallets
Arkham identified wallets linked to Iran's central bank after Tether froze $344 million in USDT flagged for sanctions evasion.

Injective Adds $56M Market Cap After Pre-IPO Stock Tokens Launch
Injective's INJ added roughly $56M in market cap following the on-chain launch of pre-IPO stock tokens for OpenAI, SpaceX, and Anthropic.

Coinbase Launches SOL-Backed Loans of Up to $100K in USDC
Coinbase added Solana as accepted collateral for USDC loans up to $100,000, giving SOL holders cash without selling and adding a third asset to its lending product.

BlackRock Files for Second Tokenized Fund on Securitize Rails
BlackRock has filed with the SEC for a second tokenized fund built on Securitize infrastructure, deepening its on-chain asset push beyond BUIDL.

Reed Bill Would Block Crypto From Tax Payments and Fed Accounts
Sen. Jack Reed introduced legislation to bar crypto from US tax payments, federal reserves, and Fed master accounts, raising the regulatory bar mid-CLARITY Act.

Senate Banking Members File 100+ Amendments to Crypto Bill Pre-Markup
Senate Banking Committee members filed over 100 amendments to the crypto market structure bill ahead of Thursday's markup, Politico reports.

Charles Schwab Opens Retail Bitcoin and Ethereum Trading to Clients
Charles Schwab has started rolling out Schwab Crypto accounts to retail clients, letting them buy BTC and ETH alongside stocks and bonds.
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