TokenPost reporter
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Stories by John Kim
- Coinbase Lists Concrete Token Page but Does Not Enable CT Trading
The page identifies Concrete (CT) on Ethereum but shows zero circulating supply and insufficient market data, with no confirmed trading or deposit date.
· Business
- American Bitcoin Loses 92% Since Reverse Merger, Outpacing Bitcoin
The Hut 8-owned mining company recorded more than $288 million in net losses across 2025 and the first half of 2026.
· Business
- El Salvador’s Bitcoin Office Denies Government Backing for Sivar App
Sivar is built by Modveon with Coinbase infrastructure for stablecoin remittances between the United States and El Salvador.
· Business
- OpenAI Says It Will Not Pursue IPO in 2026 as Funding Talks Continue
Preliminary financing discussions could value the company at about $1.4 trillion, but OpenAI has not confirmed the target, valuation or listing schedule.
· Business
- Stablecoin Market Cap Stands at $306.651 Billion as Payments Advance
Tether and USD Coin account for most of the supply, while Coinbase, Citi and Volante expand stablecoin payment infrastructure for U.S. institutions.
· Business
- Ondo Issues Portfolio Tokens Using BlackRock-Developed Strategies
The three tokens use nondiscretionary model strategies developed by BlackRock for Ondo, but BlackRock does not issue, manage or operate them.
· Business
- Kalshi in Talks for $1 Billion Financing at $40 Billion Valuation
The prediction-market platform is discussing the financing with new and existing investors, with completion expected in the coming weeks.
· Business
- Kalshi’s May Financing Valued the Company at $22 Billion
Kalshi announced a $1 billion Series F on May 7, while an Aug. 25 SEC filing listed a nearly $1.5 billion private offering.
· Business
- OpenAI Plans $30 Billion Financing at $1.4 Trillion Valuation
The planned financing would value the artificial intelligence company at $1.4 trillion and involve $30 billion in new capital.
· Business
- American Banks Rapidly Embrace Blockchain for Financial Services
A survey identifies blockchain adoption as an emerging trend across the U.S. banking sector.
· Business
- Capital B Adds 13 Bitcoin to Treasury After €983,000 Share Sale
The French Bitcoin treasury company raised €982,872.69 through 172,978 shares subscribed by three TOBAM funds, lifting strategic holdings to 3,538 BTC.
· Business
- OpenAI Reports More Than 1 Billion Weekly Users as IPO Decision Remains Open
The company also reported serving 2.5 million businesses after confidentially submitting a draft S-1 to the SEC on June 8, 2026, without setting a listing timetable.
· Business
- Baillie Gifford Launches Tokenized BAGEY Bond Fund on Ethereum, Solana
The short-duration fund targets an approximately 7% yield, settles in USDC or fiat and requires a $100 minimum investment from eligible professional investors.
· Business
- CEA Industries Becomes BNB Standard With Nasdaq Ticker Unchanged
The company adopted the new name Sept. 29, 2026, after BNB Standard won 47% of 5,799 votes in a five-day advisory poll.
· Business
- Anthropic Prospectus Shows $42 Billion Loss Ahead of Potential IPO
The Claude developer also faces about $518 billion in future infrastructure obligations, while pre-IPO derivatives imply a speculative valuation near $2 trillion.
· Business
- Bitcoin.de Keeps Crypto Trading Suspended Pending MiCA Authorization
The German platform has been offline since late June while its replacement website and app undergo regulatory clearance. No restart date has been set.
· Business
- Anchorage Digital To Provide Custody Infrastructure for Puffer UniFi
The partnership covers stablecoin issuance and settlement, on-chain clearing, institutional payments and agent payments on the Ethereum network.
· Business
- Coinbase to Route About 90% of Cost-Adjusted Hyperliquid USDC Reserve Yield
Yield began accruing Aug. 26 under Hyperliquid’s Aligned Quote Asset v2 framework, with the first Assistance Fund payment scheduled for Oct. 3.
· Business
- Circle Posts $2.747 Billion in 2025 Revenue and Reserve Income
USDC circulation reached $75.3 billion at year-end, up 72% from a year earlier, while revenue less distribution costs reached $1.083 billion.
· Business
- Coinbase Opens Crypto Lending to U.S. Customers, Excluding New York
The service is powered by Morpho and runs on Base.
· Business
- Coinbase Adds HYPE and ZEC as Collateral for Loans Up to $100,000
Users can borrow instantly against HYPE and Zcash (ZEC) without selling the assets.
· Business
- Oura Delays Nasdaq IPO, Clouding Coinbase’s First Retail Offering
The smart-ring maker cited uncertainty in the IPO market despite strong demand for its planned offering of up to $2.2 billion.
· Business
- Gate Launches Six Stock Contracts and Adds CARDS, XDP
The rollout covers five companies and an ETF, with leverage of up to 20x for long and short positions.
· Business
- SharpLink Earns 406 Ether in Weekly Staking Rewards, Reaches 28,351
SharpLink said its cumulative staking rewards have reached 28,351 Ether after earning 406 ETH this week.
· Business
- ExodusPoint Expands Claude Integration Across Hedge Fund Operations
The multistrategy hedge fund is adding Anthropic’s Claude to its internal Atlas AI platform for investment research, portfolio management and operational efficiency.
· Business
- Raven Closes Funding Round at $90 Million Pre-Money Valuation
Coinbase Ventures and CMCC Global joined the strategic round as Raven expands its prediction-market liquidity business across more than 3,000 contracts.
· Business
- State Street and Galaxy Launch Tokenized SWEEP Fund on Solana
The private liquidity fund accepts PYUSD and USDC subscriptions from eligible Qualified Purchasers and targets 24/7 onchain cash management.
· Business
- Nscale's $103 Billion Commitments Depend on Unbuilt Data Centers
The planned IPO candidate has grown rapidly but nearly all of its contract commitments rely on facilities still under construction, with some projects lacking full funding.
· Business
- Anthropic Reports $4.59B Revenue as AMD Agrees to Buy World Labs
Anthropic disclosed $4.59 billion in 2025 revenue, while Fei-Fei Li is set to become AMD’s chief scientist after the planned transaction.
· Business
- Huobi HTX Lists Five USDT Perpetual Contracts With 1 Billion HTX Pool
The contracts cover KIOXIA, MSTU, SECZ, MP and ACNSTOCK, with leverage from 1x to 20x for long and short positions.
· Business
- Strive CEO Sets 60% Amplification Ratio Target for Bitcoin Strategy
Matt Cole said amplification drives more than 99% of modeled changes in total returns, while capital costs have a smaller effect than commonly perceived.
· Business
- Gold Circuit Brings In Amazon and Approves 79 Billion-Taiwan-Dollar Expansion
The Taiwan-based PCB maker will issue 1,856,308 shares to Amazon at NT$856 each, giving the retailer about 0.3% of the company after dilution.
· Business
- Lite Strategy Holds More Than 1% of Mined Litecoin Supply
The company spent $100 million on more than 900,000 LTC during fiscal 2026 and held 832,716 coins as of June 30.
· Business
- Reco Raises $55 Million to Expand AI Agent Security Platform
The financing extends Reco’s $30 million Series B announced in February and brings its total capital raised to $140 million.
· Business
- MoonPay Launches South Korean Unit to Expand Asia-Pacific Crypto Payments
MoonPay Korea will target remittances, payments, settlement and digital-asset distribution while developing infrastructure with Korean financial institutions.
· Business
- Websea Users Report Withdrawals Unavailable Since Sept. 25
A moderator in Websea’s official community attributed the disruption to technical maintenance and said restoration would be announced after service returns.
· Business
- JPYC Emails Return-Transfer Instructions After Noncompliant Deposits
The yen-pegged stablecoin issuer is handling deposits made outside JPYC EX rules since Sept. 17, while transactions under review are being checked individually.
· Business
- India Expands Offshore Oil and Gas Exploration as Hormuz Disruptions Highlight Import Risks
The ₹84,084 crore program will support seismic surveys, 60 deepwater wells and offshore infrastructure through fiscal 2030–31, while a separate plan expands strategic petroleum storage.
· Business
- Bybit Adds Six Traditional-Market Assets to Perpetual Options
The listings expand Bybit’s TradFi Perp Options lineup to eight underlyings, while a trading challenge offers up to 70,000 USDT through Oct. 27.
· Business
- Valour Launches Swedish Krona-Denominated ETP Tied to Zcash
The product was launched by Valour Inc. and Valour Digital Securities Limited, subsidiaries of DeFi Technologies Inc.
· Business