Global

Cathie Wood's Ark Invest is doubling down on its conviction in the digital asset sector, extending a weeks-long buying spree of crypto-linked public equities across its flagship ETFs.

Litecoin (LTC) saw a 4% gain in the early Asian session on Wednesday, recovering from a recent three-day market downtrend. Despite the price bump, the underlying market fundamentals for the Bitcoin fork remain cautiously neutral.

Cryptocurrency exchange Kraken has secured $800 million in a dual-tranche funding round, propelling its valuation to $20 billion. This represents a 33% increase from its $15 billion valuation in September.

Ondo Global Markets has secured regulatory authorization from the Liechtenstein Financial Market Authority (FMA) to offer tokenized stocks and Exchange Traded Funds (ETFs) to investors across the European Union (EU) and the broader European Economic Area (EEA).

Senior officials from India and the United States have accelerated trade negotiations, generating strong optimism in Indian markets.

Mastercard (MA) and Polygon have announced a collaboration to implement the Mastercard Crypto Credential standard, which allows users to send cryptocurrency to verified, human-readable usernames instead of relying on long, complex wallet addresses.