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The group has reportedly helped freeze over $250 million in criminal assets less than a year after launch.
Etoro, which went public in the U.S. in May, saw its adjusted, non-GAAP net income rise to $54.2 million in Q2 2025.
The second-largest cryptocurrency is up approximately 40% since the start of the year, trading hands above $4,500.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Aave's dominance is particularly notable given its command of approximately 80% of outstanding debt on Ethereum.
Kwon was criminally charged in March 2023 with conspiracy to defraud, commodities fraud, wire fraud, and securities fraud, among others.
The capital will help Transak, which claims to have 10 million users globally, expand its stablecoin payments stack and enter new markets.
Earlier this month, ETHZilla closed a $425 million private placement. The placement had over 60 participants.
Odds of a Fed cut surpassed 93%, and cryptos ticked higher after the CPI print, even as Powell’s focus on 12-month inflation keeps the core uptick in view.
The Tom Lee-chaired firm is the largest Ethereum treasury holder with 1.15 million ETH, worth approximately $5 billion.