Crypto
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MoonPay acquires Solana trading infrastructure platform in $100M all-stock deal
The crypto payment and infrastructure firm MoonPay has acquired DFlow, a platform that facilitates trading on the Solana blockchain. MoonPay paid $100 million in stock to scoop up DFlow, two sources with direct knowledge of the matter told Fortune. MoonPay has been on a dealmaking spree, making six acquisitions since the beginning of 2025. Those
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Andreessen Horowitz’s crypto arm raises $2.2 billion for fifth venture fund, promotes CTO Lazzarin to general partner
The biggest name in crypto venture capital closed another mammoth fundraise. The digital assets arm of Andreessen Horowitz, which goes by a16z crypto, announced Tuesday morning that it’s drummed up $2.2 billion for its fifth venture fund. The firm also announced it has promoted its CTO Eddy Lazzarin to general partner. Andreessen Horowitz is one
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Solana firm Jito launches a consumer trading app months after raising $50 million
Over the past four years, crypto startup Jito has made its name building infrastructure for the Solana blockchain network. But coming off of a banner 2025, Jito is no longer content to remain on the back end of crypto trading and plans to launch a consumer-facing trading app, called JTX, in July. The app will
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Exclusive: Kraken to let customers cash out crypto at MoneyGram locations in more than 100 countries
Crypto transfers are typically instant and seamless—unless, that is, users want to convert their digital currency into cash. In those cases, users in many countries are obliged to navigate a slow, complex conversion system. Customers of the crypto exchange Kraken have long complained about this problem, which is why the firm has partnered with the
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Bitcoin breaks $80k as long-awaited CLARITY Act approaches finish line
Bitcoin crossed $80,000 on Monday morning. The cryptocurrency has now surged 19% over the past month, outperforming the S&P 500’s roughly 10% return over the same time frame. The bullish sentiment appears tied to promising developments on the CLARITY Act, a bill that would create a regulatory framework for crypto. The legislation passed the House
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Exclusive: Stablecoin startup Rain is worth $1.95 billion and plans to issue cards with Mastercard in a push to woo institutional customers
The buzzy stablecoin startup Rain is now working with the two largest card networks. The company announced on Monday that it was offering credit and prepaid cards with Mastercard. Rain previously only worked with Visa to issue cards. Rain also said it was working with Mastercard to explore how to settle payments with the public
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Trump’s World Liberty Financial countersues crypto billionaire Justin Sun for defamation in response to allegations of fraud
One of the Trump family’s biggest early crypto backers is now a foe. In response to claims of fraud by billionaire Justin Sun, the Trump-backed crypto firm World Liberty Financial filed a countersuit for defamation on Monday in Florida State court, claiming its former ally engaged in “a scorched-earth pressure campaign” against the crypto project
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Exclusive: Startup Fun raises $72 million for the serious business of converting crypto and cash
The finer details of back-end payment systems are enough to make most people’s eyes glaze over, even those in crypto. But Alex Fine, the founder and CEO of the startup Fun, finds in-the-weeds payment tasks to be just that, and his enthusiasm has paid off. On Friday, Fun announced that it has raised $72 million
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Elon Musk likes Bitcoin—but he just told a jury most crypto coins are scams
Elon Musk’s relationship with Sam Altman and OpenAI has famously soured. In testimony during his lawsuit against the artificial intelligence giant, it became apparent that Musk’s relationship with cryptocurrency has soured, too. When asked to explain crypto inside an Oakland courthouse on Wednesday, Musk said, “Some of them have merit, but most of them are
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Trump-tied public crypto company buys startup from one-time ‘cannabis king’ who serves as current advisor in deal worth up to $43 million
AI Financial, a publicly traded crypto firm tied to President Donald Trump’s family, has purchased a startup owned by one of the company’s own advisors. According to filings with the Securities and Exchange Commission, the Las Vegas-based company struck a deal last Monday worth up to $43 million to buy the crypto infrastructure business Block