The Block

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The Block

The first and final word in digital assets

Cathie Wood’s Ark Invest projects bitcoin’s market cap at $16 trillion by 2030
Ark Invest says the crypto market could reach about $28 trillion by 2030, driven by wider adoption of public blockchains and digital assets....

The Daily: Trump hopes to sign crypto bill ‘very soon,’ Hong Kong set to issue first stablecoin licenses, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Haun-backed Neynar acquires Farcaster after founders pivot to wallet app
Decentralized social media infrastructure firm Neynar is acquiring Farcaster, the Ethereum-based protocol last valued at $1 billion....

Iran acquired over $500 million in USDT, likely to support local currency and settle trade: Elliptic
This follows a report stating Iran's Islamic Revolutionary Guard Corps used two UK crypto exchanges to move approximately $1 billion....

Figure takes operational role at Provenance Blockchain Foundation under community-led structure
The update formalizes Figure’s role as the primary operator behind Provenance as it increases support for onchain equities and other RWAs....

Former Alameda Research co-CEO Caroline Ellison scheduled for release on Wednesday
After nearly a year in federal custody, Caroline Ellison — the former co-CEO of Alameda Research — is scheduled to be released on Wednesday....

Trump hopes to sign crypto market structure bill ‘very soon’ amid growing tensions over stablecoin rewards
President Trump says he hopes to sign crypto legislation into law "very soon," as key stakeholders splinter on key aspects of the bill....

a16z CSX and Road Capital lead Cork’s $5.5 million seed round to make RWA risk tradable
Cork is building a "programmable risk layer" to make the implicit risks in real-world assets transparent and tradable through tokenization....

Solana activity jumps as Claude Code virality fuels a new token launch frenzy
The explosive growth stems from the virality of Anthropic's Claude Code, creating a feedback loop where speculators launched tokens for trending AI repositories....

Former FTX US president Brett Harrison’s Architect expands crypto-style perpetual futures into AI compute markets
The move extends the firm's effort to apply crypto-style derivatives market structure to traditional and emerging asset classes....