The Block

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The Block

The first and final word in digital assets

Consensys-backed Ethereum treasury firm SharpLink deploys $200 million in ETH on Linea Layer 2
SharpLink will deploy $200 million worth of its ETH treasury holdings into staking and restaking strategies using ether.fi and EigenCloud....

Western Union plans stablecoin launch on Solana for early 2026
CEO Devin McGranahan first signaled the company was exploring stablecoin integrations as early as July, inspired by the GENIUS Act....

Tether attests to full physical backing for its gold-based token as market value tops $2 billion
Tether's XAUT value has more than doubled since August amid growing demand for tokenized real-world assets....

Tokenization giant Securitize to go public via $1.25 billion SPAC deal
The combined firm, to trade on Nasdaq under the ticker symbol SECZ, also plans to tokenize its own equity....

Hut 8’s AI expansion and ABTC stake form ‘hybrid story with room to run,’ implying 50% upside: Benchmark
Hut 8’s power portfolio remains undervalued relative to traditional data peers, with analysts estimating $6M per MW in embedded asset value....

TeraWulf expands AI push with $9.5 billion Google-backed Fluidstack joint venture as stock jumps 25%
The deal lifts TeraWulf's contracted HPC capacity past 510 MW as it reports a preliminary 84% year-over-year revenue increase for Q3....

Trump-backed Truth Social jumps into prediction markets with Crypto.com
Truth Social users will be able to trade prediction contracts using the new product technology called "Truth Predict."...

Circle launches Arc public testnet with over 100 institutional participants including BlackRock, Visa and Anthropic
More than 100 firms across finance, payments, and technology are participating in the network's early development....