Key Points Growing institutional adoption is bringing new investor groups into Ethereum. Popular stablecoins like USDC and Ethena are actually Ethereum-based tokens. Ethereum's extreme volatility means it could hit $4,500 quickly but also drop back below it just as fast. 10 stocks we like better than Ethereum › After reaching a fresh all-time high on Aug. 24, Ethereum (CRYPTO: ETH) hit a rough patch. The second largest cryptocurrency retreated as much as 14.1% from the new peak in less than two w ...

The buy now, pay later wave that’s been sweeping over retail is finally washing up on Wall Street with the initial public offering of Stockholm-based Klarna. While the company is officially a bank, it’s best known for letting shoppers pay for goods in four interest-free installments. A total of 34.3 million shares were sold for $40 each to investors, who in turn will sell the stock on the open market. More from WWD The offering primarily benefits investors who are cashing out some of their holdings and i ...

(Reuters) - Trump Media and Technology Group announced the filing for five new exchange-traded funds with the U.S. Securities and Exchange Commission on Wednesday. These filings, made on behalf of Trump Media by Yorkville America Equities, add to the requisitions earlier in the year for ETFs that track digital assets such as bitcoin and ethereum. The ETFs will be America First themed, the company said, adding that all the ETFs under the brand will be collectively known as the "Truth Social Funds." The f ...

Australia's Cobram Estate Olives (CBO) has received commitments for funding of A$175m ($115.6m) to fund its US expansion. CBO said it had completed a share placement with institutions priced at A$3.2 per share. The company plans to raise an extra A$10m through a non-underwritten "share purchase plan". In a statement yesterday (9 September), the producer of the Cobram Estate olive-oil brand said the funds will be directed towards buying land on which it would develop around 1,600ha of olive groves. CBO ...

Klarna (KLAR) stock opened for trade on Wednesday at $52 per share, more than 30% higher than its IPO price and kicking off what is expected to be a strong week public market debuts. The Swedish buy now, pay later leader had priced its IPO at $40 per share, the company said Tuesday, raising $1.37 billion and marking an increase from its previous pricing estimate of $35-$37 per share and signaling strong demand for the stock. The opening price values the company at roughly $18 billion, up from the IPO val ...

Swedish buy now, pay later giant Klarna (KLAR) is set to begin publicly trading on Wednesday after raising $1.37 billion in its initial public offering, kicking off a strong week of New York stock debuts. Klarna priced its IPO at $40 per share, the company said Tuesday, marking an increase from its previous pricing estimate of $35-37 per share and signaling strong demand for the stock. The pricing values the company at roughly $15.1 billion based on the number of shares outstanding. The market cap is a ...

DeFi’s lending market is in full sprint. The sector’s total value locked, or TVL, has risen to a record $130 billion, cementing it as the largest DeFi sector ahead of liquid staking, DefiLlama data shows. TVL is a measure of investor deposits in a blockchain or DeFi protocol, and the current record means DeFi lending’s locked capital has more than doubled since mid-April, the lowest point of the crypto market this year. The swelling DeFi lending TVL is running on multiple currents, including favourable ...

Scout Investments, Inc., an affiliate of Carillon Tower Advisers, released the “Carillon Scout Mid Cap Fund” second quarter 2025 investor letter. A copy of the letter can be downloaded here. The Russell Midcap Index posted positive returns in the second quarter despite a sharp sell-off at the beginning of April following the liberation Day tariff announcement. However, the delay in collecting additional tariffs provided more time for trading partners to negotiate better terms. In addition, please check the ...

A Solana treasury gets listed on the Nasdaq stock exchange. | Erik McGregor/LightRocket via Getty Images. Key Takeaways SOL Strategies is now trading on the Nasdaq stock exchange under the STKE ticker. There are now six publicly traded Solana treasury companies that hold almost $1 billion in SOL combined. Solana is trading up 4.3% at $220.19 this week. A Solana-centric firm from Canada has become the first of its kind to be listed on the Nasdaq stock exchange as 2025’s trend of Bitcoin and altcoin ...

Some of the nation's top bankers struck upbeat tones on the US consumer and their own earnings this week while voicing uncertainty about the road ahead for the US economy. In the backdrop of the predictions: A report from the Bureau of Labor Statistics on Tuesday showed that the US added nearly a million fewer jobs than initially reported in the monthly payroll report for the 12-month period ending in March 2025. The massive revision came only days after the preliminary payroll report showed that the US a ...