Today’s Insider ⬇️
🚀 Incoming IPO? Kraken confidentially files for US IPO after new $20 billion valuation
📈 Crypto Adoption: UAE Mubadala and ADIC now hold more than 16 million shares in Bitcoin ETFs
🤝 Tokenized Banking: HSBC plans to offer tokenized deposits to the U.S. and the UAE starting in 2026
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $89,283 | -4.23% | -3.83% |
Ethereum | $2,914 | -7.06% | -6.66% |
Solana | $132 | -5.87% | -45.63% |
XRP | $2.05 | -7.41% | +87% |
S&P 500 | $6,634 | +0.26 | +13.06% |
Gold | $4,079 | -0.31 | +53.57 |
1. Kraken Files Confidentially for U.S. IPO, Eyes $20B Valuation Ahead of 2026 Debut
Incoming IPO? Kraken confidentially files for a U.S. IPO following a fresh $20 billion valuation, marking a major step toward going public by early 2026.
🔎 Insider Insight: Kraken’s move reflects growing confidence in the crypto industry’s resurgence and its readiness to tap U.S. capital markets. The filing signals a competitive push among major crypto firms to capitalize on favorable market conditions under a supportive regulatory environment.
Top Crypto Insider Pick of 2025
BlockchainFX Is Redefining Trading Experience with Innovative DeFi Solution
BlockchainFX (BFX) is changing the way global trading works by blending traditional financial markets with the power of decentralized technology. The platform offers seamless access to a variety of assets, including cryptocurrencies, stocks, forex, and commodities, all within one streamlined ecosystem.
With blockchain’s transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience to cater to both experienced traders and beginners. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: BlockchainFX is proving to be a major disruption, thanks to its nearly $12M funding. At a presale price of $0.03, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token—it’s a practical tool for modern traders.
2. UAE’s ADIC and Mubadala Triple Bitcoin ETF Holdings
Crypto adoption: UAE’s ADIC and Mubadala now hold over 16 million shares in BlackRock’s iShares Bitcoin ETF, with ADIC tripling its position to $518 million as part of a long-term diversification strategy.
🔎 Insider Insight: The UAE’s growing Bitcoin ETF investments signal strong institutional confidence in Bitcoin as a store of value alongside gold. This aligns with the region’s push for digital asset adoption and diversification within sovereign wealth portfolios.
Which layer-2 network is designed to scale Ethereum using optimistic rollups?
3. HSBC to Launch Tokenized Deposit Services in U.S. and UAE by 2026
Tokenized banking: HSBC plans to launch tokenized deposit services for corporate clients in the U.S. and UAE by 2026, enabling 24/7 cross-border payments and enhancing liquidity management.
🔎 Insider Insight: HSBC's push into tokenized deposits reflects the growing adoption of blockchain in traditional banking, offering faster and more efficient transactions. This move positions HSBC to compete with other global banks already exploring digital assets and programmable payments.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
