Crypto infrastructure firm Bakkt jumps 17% on deeper stablecoin payments push with new deal
The firm said it has agreed to acquire Distributed Technologies Research, a blockchain-based payment infrastructure provider.
Infrastructure
Next Breakout Will Come From Infrastructure, Not Narratives, Hashed Says
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Hashed says… Read More
Microsoft loses two senior AI infrastructure leaders as data center pressures mount – Computerworld
Even so, Microsoft has the depth and ecosystem strength to continue doubling down on AI data centers, said Prabhu Ram, VP for industry research at Cybermedia Research. According to Sanchit Vir Gogia, chief analyst at Greyhound Research, the departures come at a sensitive moment because Microsoft is… Read More
Grayscale Calls Chainlink ‘Essential Infrastructure’ for Tokenized Finance in New Research
Grayscale is positioning Chainlink as critical infrastructure for the growing market of tokenized assets, according to a new research report. The asset manager’s research arm argues that Chainlink’s suite of services, spanning real-world data feeds, compliance tooling, and blockchain interoperability, solves many of the real-world… Read More
Ethereum (ETH) Is ‘The Infrastructure’ for Wall Street, Says Ex-BlackRock Exec
For Joseph Chalom, Ethereum ETH$3,433.41 isn’t just another blockchain. It’s the infrastructure he believes Wall Street will eventually build on. Chalom, co-CEO of Sharplink and former head of digital assets at BlackRock, says the qualities financial institutions care most about — trust, security and liquidity… Read More