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Tomorrow, First. News and intelligence for the agentic economy

  • Sam Bankman-Fried buys 7.6% of Robinhood; stock jumps

    Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, has bought a 7.6% stake in Robinhood for US$648 million, according to a filing with the U.S. Securities and Exchange Commission. See related article: Terra shuts down indefinitely after coming back online; LUNA, UST still on life support Fast facts Bankman-Fried bought the stake through a firm called…

  • Pantera Capital closes 10 deals in India, including one with crypto unicorn CoinDCX

    Pantera Capital, a U.S. hedge fund specialized in cryptocurrency investment, has closed about 10 deals in India, including one with crypto unicorn CoinDCX, Paul Veradittakit, a partner at Pantera, told The Economic Times. See related article: Temasek leads $200M funding round in crypto firm Amber Fast facts “We plan on doing a lot more (investments)…

  • Binance bags its first European license in France

    Binance has received regulatory approval in France, as the world’s largest cryptocurrency exchange continues its global expansion and push for regulatory compliance. See related article: Binance wants to play ball with regulators Fast facts Binance has obtained a digital asset service provider (DASP) registration with France’s Autorité des marchés financiers (AMF), the finance market watchdog…

  • Kraken launches gas-free NFT marketplace

    Global cryptocurrency exchange Kraken has announced the launch of its non-fungible token (NFT) platform, joining exchanges such as Binance and FTX to do so. See related article: NFT Marketplace Competition Heats Up Fast facts Sellers can list their NFTs in cryptocurrencies supported by Kraken, or in fiat currencies, such as USD, EUR, CAD, GBP and…

  • Three Arrows Capital to ditch Singapore for Dubai

    Three Arrows Capital, a cryptocurrency trading and hedge fund manager, is moving its headquarters to Dubai from Singapore, becoming the latest among a growing number of firms looking to expand their presence in the Middle East. See related article: Dubai could be crypto’s promised land, Citi says Fast facts Su Zhu, cofounder of Three Arrows…

  • New US$1B crypto fund lands backing from a16z, Solana founders

    Former Microsoft strategist Joe McCann’s new crypto fund Asymmetric has gained backing from a16z’s Marc Andreessen and Solana cofounders Anatoly Yakovenko and Raj Gokal, The Block reported. See related article: KuCoin launches $100 mln fund for NFT projects Fast facts Asymmetric is aiming to raise US$1 billion to be split into a venture investment fund…

  • Binance may set up shop in G-7 country in Europe, says founder CZ

    The world’s largest crypto exchange may soon establish a regulated entity in a G-7 nation in Europe, Binance founder and CEO Changpeng Zhao said Tuesday at the Financial Times Crypto and Digital Assets Summit. See related article: Binance wants to play ball with regulators Fast facts Zhao said Binance already has a standard corporate structure…