
Block Focuses on Bitcoin Mining, Closes TBD Division
TL;DR Jack Dorsey’s company Block is focusing on Bitcoin mining and reducing its investment in other areas. The TBD division, which is dedicated to developing the Web5 decentralized…
Companies tracks how businesses, investors and institutions are changing the crypto market. This section covers funding rounds, acquisitions, product launches, treasury decisions, partnerships and strategic moves by exchanges, miners, fintech firms, asset managers and blockchain infrastructure companies. The focus is on business impact, not promotional announcements.

TL;DR Jack Dorsey’s company Block is focusing on Bitcoin mining and reducing its investment in other areas. The TBD division, which is dedicated to developing the Web5 decentralized…
Companies coverage tracks the businesses building and operating crypto market infrastructure: exchanges, custodians, fintech firms, treasury companies, payment providers and institutional platforms. It connects product decisions and balance sheets with their impact on users and markets.
Crypto exchanges, fintechs, custody providers, infrastructure companies, public firms with digital asset exposure and institutional service providers.
Company decisions can affect product access, liquidity, custody risk, compliance, user funds and institutional adoption.
When relevant, coverage may reference filings, official statements and regulatory records.

TL;DR Zodia Custody, the digital asset custody firm of Standard Chartered Plc, is seeking to raise $50 million in a new funding round. The…

TL;DR Kraken launches derivatives brokerage service in Australia for wholesale clients. The offering allows access to cryptocurrency derivatives without owning the underlying asset. The…

TL;DR Bitget Wallet Lite has reached over six million users in just three days since its launch on Telegram. The growth was driven by…

TL;DR Canary Capital files for Solana ETF: The firm filed its application with the US SEC on October 30, 2024, seeking to expand investment…

TL;DR Kraken announces a significant restructuring plan, laying off 15% of its workforce, affecting approximately 400 employees, to streamline operations and become more agile…

TL;DR Robinhood reports revenue of $637 million in Q3 2024, up 36% year over year. Earnings per share (EPS) were $0.17, significantly improving from…

TL;DR Ika has launched its multiparty computing (MPC) network on the Sui blockchain, improving interoperability and the security of digital assets. The MPC network…

TL;DR OKX partners with Standard Chartered as its cryptocurrency custodian for institutional clients. The collaboration seeks to offer greater security and confidence to institutional…

TL;DR BlackRock increases its Bitcoin holdings to 403,725 BTC, valued at $27.73 billion. Ethereum ETFs see net outflow of 2,917 ETH, reflecting a lack…

TL;DR MicroStrategy’s stock hits a 25-year high, driven by its substantial Bitcoin holdings, marking a 244% year-to-date gain. The company’s strategic shift to Bitcoin…