Yueqi Yang
Crypto Reporter at The Information
Crypto reporter @theinformation. Ex-Bloomberg. [email protected]. Verify my X account from my official author page.
Articles
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3 days ago |
theinformation.com | Yueqi Yang
Source: The InformationPolymarket, the world’s largest prediction market, is finalizing a deal to raise more than $200 million at a valuation of more than $1 billion, The Information reported Tuesday. Peter Thiel’s Founders Fund, an existing investor, is leading the round. Founded in 2020 by CEO Shayne Coplan, Polymarket rose to prominence last year amid the US election. It is currently off-limits to U.S. users under a 2022 regulatory settlement.
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3 days ago |
theinformation.com | Yueqi Yang
Polymarket, the world’s biggest prediction market, is nearing a deal to raise more than $200 million in a funding round that will value the company at over $1 billion, according to people familiar with the plan. Polymarket, founded in 2020 by CEO Shayne Coplan, rose to prominence last year by becoming the most popular platform for betting on the U.S. presidential election.
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4 days ago |
theinformation.com | Yueqi Yang
Source: The InformationFiserv, a bank infrastructure giant, said it plans to launch a stablecoin by the end of the year, a move that will introduce stablecoin payments to its thousands of bank clients. Fiserv has set up a horserace between stablecoin companies Circle and Paxos to issue the token, which will be named FIUSD. “We haven’t decided whether it’s [Circle’s] USDC or [Paxos’s] USDG,” said Sunil Sachdev, Fiserv’s head of embedded finance, in an interview.
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5 days ago |
theinformation.com | Yueqi Yang
Crypto is booming right now, but the rally is playing out in the stock market rather than on crypto exchanges. Shares of stablecoin issuer Circle are up eightfold since its initial public offering just over two weeks ago, and companies that hold bitcoin are getting valuations that are surprising even to industry insiders. Several big crypto players are considering IPOs, including OKX, one of the top three global crypto exchanges.
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5 days ago |
flipboard.com | Yueqi Yang
NowBitcoin to $94K? – Analyst flags risk of BTC price dip: Here’s whyIs Bitcoin’s recent price drop just the beginning of a much bigger fall? Bitcoin fell from $105K to $102K, with an analyst eyeing $94K as the next …NowWhich Crypto IPOs Could Be Next Following Circle? Following Circle’s hugely successful IPO, big names in the crypto industry are preparing listings as investor demand soars.
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Exclusive: Bank tech giants FIS and Fiserv are planning to help banks integrate with stablecoins for payments. The two companies provide much of the infrastructure underlying the modern banking system. Their plans come as more banks are prepping for the arrival of https://t.co/fct5OU74zO
RT @BrendanPedersen: Scoop: We obtained a doc circulating from pro-crypto Democrats on the "major victories" they've obtained through the G…
RT @amir: 🚨 Reporting job alert: Join @steph_palazzolo & our incredible team @theinformation to lead coverage of OpenAI (w/ lots of suppo…
