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Business news

The latest Business stories, each checked against at least two independent reports.

9 Oct Business
Morgan Stanley Updates Coinbase Share Forecast to $258 Before Earnings

The bank kept its Equal Weight rating on the crypto exchange as it prepares to report third-quarter results, even as other analysts adjusted their forecasts.

2 sources 3 min read
8 Oct Business
Gate Partners with Visa to Launch Crypto-linked Card Across 40+ Countries and Territories

Gate says its new Visa-linked card will convert crypto to fiat at checkout in more than 40 countries and territories, with details set by local product pages.

2 sources GT -2.2% 4 min read
7 Oct Business
Spiko raises $90M Series B as tokenized cash funds reach $2.7B

Spiko raised $90 million in a Series B led by New Enterprise Associates and now reports $2.7 billion in assets across its tokenized cash funds.

2 sources 3 min read
6 Oct Business
UK Picks 6 Banks to Lead First Digital Government Bond Pilot

The pilot, called DIGIT, will test distributed ledger technology for UK sovereign debt, with issuance targeted for Q1 2027.

2 sources 3 min read
6 Oct Business
Circle, Ripple and Standard Chartered Back OKX at Flat $25B Valuation

A new funding round keeps OKX at the same $25 billion mark ICE used in March, with the round size undisclosed.

2 sources 4 min read
5 Oct Business
Bank of America raises Coinbase price target to $203, keeps buy rating

BofA lifted its COIN target from $174 to $203 on stablecoin revenue, while trimming its third-quarter and full-year earnings estimates.

2 sources USDC 0.0% 2 min read
29 Sep Business
Blockchain.com reportedly targets $500M IPO at $4B to $6B valuation

The crypto exchange and wallet provider is discussing an IPO that would value it well below its 2022 peak.

2 sources BTC -0.5% 3 min read
27 Sep Business
HIFI raises $37M to build settlement rails for tokenized money

The stablecoin infrastructure company secured Series A funding led by Left Lane Capital to expand into cards and capital markets.

2 sources 3 min read

Morgan Stanley Updates Coinbase Share Forecast to $258 Before Earnings

Gate Partners with Visa to Launch Crypto-linked Card Across 40+ Countries and Territories

Spiko raises $90M Series B as tokenized cash funds reach $2.7B

UK Picks 6 Banks to Lead First Digital Government Bond Pilot

Circle, Ripple and Standard Chartered Back OKX at Flat $25B Valuation

Bank of America raises Coinbase price target to $203, keeps buy rating

Blockchain.com reportedly targets $500M IPO at $4B to $6B valuation

HIFI raises $37M to build settlement rails for tokenized money