Kraken launches crypto derivatives trading for UK professional investors in latest expansion for the firm — link | tl;dr
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Tether approaching $120B in U.S. Treasuries, confirms quarterly operating profit over $1B in Q1 2025 — link
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Kraken revenue hits $472 million in Q1, marking a 19% year-over-year increase, boosted by Trump-era volatility ahead of planned IPO — link | tl;dr
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Cash-strapped Maldives to build $9bn blockchain hub in bid to lure investors — link
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Ft
Cash-strapped Maldives to build $9bn blockchain hub in bid to lure investors
Dubai-based family office plans financial zone for the Indian Ocean archipelago
Digital asset investment products recorded a third consecutive week of inflows, totalling $2bn last week, bringing total inflows over the past three weeks to $5.5bn — link
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Strategy has acquired 1,895 BTC for ~$180.3 million at ~$95,167 per Bitcoin — link
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X (formerly Twitter)
Michael Saylor (@saylor) on X
$MSTR has acquired 1,895 BTC for ~$180.3 million at ~$95,167 per bitcoin and has achieved BTC Yield of 14.0% YTD 2025. As of 5/4/2025, we hodl 555,450 $BTC acquired for ~$38.08 billion at ~$68,550 per bitcoin. $STRK $STRF https://t.co/rusgfuyCTG
New Hampshire first US state to pass a 'Strategic Bitcoin Reserve' bill — link | tl;dr
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Galaxy Digital taps Zodia Custody to expand staking services in Europe — link | tl;dr
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Stripe unveils new stablecoin feature following $1.1 billion Bridge acquisition — link | tl;dr
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Coinbase to buy crypto options platform Deribit in $2.9 billion deal — link | blog
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WSJ
Exclusive | Coinbase Strikes $2.9 Billion Deal for Major Crypto Options Platform
The company agreed to acquire Deribit, a push into the highly profitable crypto derivatives market and a move meant to bolster its global growth.
Stablecoin transaction volumes hit $1.82 trillion last month, a record high — link
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