Naver Financial Merges with Upbit Through Stock Swap
Naver Financial confirmed today its merger with Dunamu, operator of the Upbit cryptocurrency exchange, through a stock swap. The information appears in the DART system of South Korea’s Financial Supervisory Service. The transaction will make Dunamu a wholly-owned subsidiary of Naver Financial. The company will issue 87.56 million new shares, valued at 15.
Texas Expands Crypto Footprint Through Strategic $5M Investment in BlackRock’s IBIT
Texas allocated $5 million to purchase BlackRock’s IBIT spot ETF as the first step toward building a state-level strategic Bitcoin reserve. Another $5 million has been set aside for a direct, self-custodied BTC purchase once the state finalizes its operational framework. The transaction was executed on November 20 and confirmed by the Texas Blockchain Council.
Binance Teams Up With Ho Chi Minh City to Shape Vietnam’s Global Financial Future
Ho Chi Minh City is moving forward with its plan to build an international financial center and has signed a memorandum of understanding with Binance. The agreement aims to attract foreign capital, boost blockchain development, and modernize the digital infrastructure of Vietnam’s financial market.
From Tokenization to Robotics: Coinbase Ventures Reveals Key Investment Themes for 2026
TL;DR Coinbase Ventures shifts its investment strategy towards eight key growth areas. Real-world assets and their derivatives become a major institutional bridge. New priorities include AI data tools, privacy, and human-verification systems. Coinbase Ventures adjusts its position and defines a plan centered on real-world assets, market infrastructure, privacy and artificial intelligence.
Q3 Crypto VC Funding Surges to $4.65B, Marking Post‑FTX Highs
Crypto venture investment climbed to $4.65 billion in Q3 2025, according to newly published data from Galaxy Digital. The firm confirmed that global fundraising has reached its highest level since the FTX collapse, signaling a sustained recovery in market confidence across multiple segments of the digital asset economy.
These 3 Analysts Who Predicted the Crypto Bounce Have a New Warning
Tl;DR Crypto markets lost one trillion dollars last month. Analysts identify a bullish structure beneath the panic. Some compare current conditions to 2019’s market. Crypto markets shed nearly one trillion dollars over the past month after a retail sell-off triggered by panic.
ECB Report: Stablecoins Safe for Now, Rapid Growth Could Change the Equation
The European Central Bank assessed that financial stability risks stemming from stablecoins in the euro area are limited, supported by their low adoption and the EU’s preventive regulatory framework. The report highlights that, despite the sector’s rapid growth, real-world use outside crypto trading remains minimal, with only 0.
Revolut Rockets to $75B Valuation, Eyes Stablecoin Market Entry
TL;DR Revolut completed a secondary share sale that set the company’s valuation at $75 billion, led by Coatue, Greenoaks, Dragoneer, and Fidelity. The transaction provided liquidity to employees and strengthened strategic partnerships. The operation did not involve the issuance of new shares; employees sold existing holdings.
Animoca Brands Secures UAE Approval to Operate as Investment Fund
Animoca Brands announced today that it has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a regulated Collective Investment Fund manager. The company confirmed the news in an official statement.
Upbit Reportedly Weighs Nasdaq Listing to Enter American Markets
TL;DR: Upbit considers Nasdaq listing to expand into U.S. crypto markets. Listing aims to attract institutional investors and diversify revenue streams. Regulatory compliance and strategic timing are crucial for successful international growth.