Institutional Crypto
4 stories
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cryptoDune Analytics Cuts 25% of Staff in Strategic Pivot to AI and Institutional Crypto
Dune Analytics lays off a quarter of its workforce to focus on AI tooling and institutional adoption, joining a wave of crypto industry restructuring.
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cryptoRipple Secures $200M from Neuberger Berman to Expand Prime Brokerage Platform
Ripple raises $200 million from Neuberger Berman to expand Ripple Prime, its institutional prime brokerage. Revenue tripled since acquisition.
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cryptoBitcoin Adoption Surges Despite Price Dip, River Reports
Institutional, merchant, and state-level Bitcoin adoption is accelerating, signaling growing trust in the cryptocurrency as a store of value, according to financial firm River.
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cryptoBlackRock Shifts $270M in Bitcoin, Ether Amidst ETF Outflow Surge
BlackRock moved significant Bitcoin and Ether to Coinbase as its crypto ETFs experienced substantial weekly outflows, signaling potential shifts in institutional demand.