The crypto asset manager submitted an S-1 to the SEC for a proposed stock offering as industry players accelerate moves into U.S. public markets.
News from Web3, Bitcoin and crypto crurrency launches and market updates
The move comes as RISE’s acquired BSX Labs, a perp DEX on layer-2 Base, whose technology will underpin RISE’s new global markets offering.
The USDC issuer’s new stablecoin foreign exchange engine aims to modernize cross-border payments, reduce risk and streamline settlement.
Chainlink (LINK) was also a top performer, rising 4% from Tuesday.
The move links traditional finance infrastructure with blockchain rails as major institutions push deeper into tokenized markets.
Bitcoin’s recent price drop from $126,000 to $106,000 is forming a bullish falling wedge pattern.
Despite the bounce, the token’s broader setup remains cautious, with resistance building near $980 and subdued volume suggesting a lack of conviction.
The bank said USDC remains the frontrunner to dominate digital dollars as the company’s third-quarter results topped forecasts.
Hedera (HBAR) was also among the top performers, gaining 9.9% over the weekend.
The U.K.’s central bank said on Monday it is proposing “temporary” limits of 20,000 pounds ($26,300) per coin for individuals and 10 million pounds for businesses.
The market’s gains were fueled by President Donald Trump’s announcement of a potential tariff dividend as well as movement towards reopening of the government.
Michael Saylor and team purchased 487 bitcoin over the past few days, bringing company holdings to 641,692 coins.