• Fireworks AI closed a $1.505 billion Series D at a $17.5 billion valuation. • Emergent, an Indian AI-coding startup barely a year old, raised a $130 million Series C led by Creaegis, becoming a unicorn at a $1.5 billion valuation. • Glacis Labs raised a $6.8 million seed for ZeroDelta, its multichain crypto clearinghouse, backed by Franklin Templeton and Coinbase Ventures. • Binance launched U.S. equities trading and previewed bStocks, tokenized U.S. stocks designed f

This week overview (May 25 - May 29, 2026): Kraken expands its ecosystem with Kraken Prop, offering up to $200,000 in funded capital. VanEck launches the first U.S. spot BNB ETF (VBNB), giving regulated exchange-traded exposure to BNB. Circle strengthens its payments infrastructure by integrating Nium into the Circle Payments Network. Anthropic raises $65 billion in a Series H round at a $965 billion valuation.

This week overview (May 11 - May 15, 2026): BitGo reported $3.8 billion in Q1 revenue, up more than 112% year-over-year. JPMorgan launched JLTXX, a new Ethereum-based tokenized money market fund built around stablecoin reserve requirements under the GENIUS Act. Exodus posted Q1 revenue of $22.7 million, down 37% year-over-year. OKX is reportedly acquiring a 20% stake in South Korean exchange Coinone.

In a conversation with Brian Armstrong, CEO of Coinbase, the trajectory of crypto comes into focus: from fringe experiment to foundational financial infrastructure.