Companies

Companies coverage from the StreamSage Companies desk: Large Cap, Small Cap, Public, Private. Sources on every story. Page 12.

• Ex-Signature Bank chair warns big banks could take share via blockchain

  Scott Shay, founder of Signature Bank, said large institutions are moving into blockchain payments to gain market share from smaller rivals.

• Ethena diversifies USDe backing with $1B FalconX facility

  Ethena is broadening the collateral base for its USDe stablecoin by securing a $1 billion facility from FalconX, shifting reliance away from funding rates.

• Centrifuge adds Symbiotic liquidity to $1.6B fund group

  Symbiotic Liquid Lane provides immediate USDC redemption for Janus Henderson and NYLIM managed Centrifuge funds.

• Evo Fund Holds Stakes in Metaplanet Deal and US Takeover Target

  The Cayman Islands entity that financed Metaplanet’s Bitcoin purchases will also hold warrants in its US acquisition target.

• Cypherpunk acquires 18% of Zcash mining power in $33M deal

  Cypherpunk Technologies acquired 4,902 mining machines from a Winklevoss affiliate for $33.33 million, making it the operator of the world's largest active Zcash mining fleet.

• Aligned Sets Unlock Schedule for 8.74% of ALIGN Supply

  Aligned revealed airdrop details 20 months after initial expectations, but has not announced a token launch date.

• Google Pays $10M for Spirit Airlines' Internal Data

  Google beat a rival bid for Spirit's operational archive, including 100 million emails and 500 million chat messages, according to court filings.

• Circle guide still directs users to Coinbase Noble USDC route after cutoff

  Coinbase cut off Noble USDC deposits on Aug. 17, warning funds may be unrecoverable, but Circle's public guide remained unchanged as of Aug. 18.

• Metaplanet acquires 96% stake in Super League Entertainment

  The $134.6 million deal renames the Nasdaq-listed firm Superplanet Inc., with Metaplanet CEO citing U.S. expansion.

• Strategy directs $334M from share sale to preferred stock support

  Strategy allocated recent MSTR issuance proceeds to STRC dividends, buybacks, and cash reserves, leaving its Bitcoin holdings unchanged.

• Cypherpunk Mining Launches With 18% of Zcash Hashrate

  The new mining affiliate deploys 4.2 GSol/s of Equihash hashrate across the U.S., backed by a $33 million deal involving the Winklevoss twins.

• Ansem Launches Platform Requiring Token Allocations For Listing

  Projects must allocate at least 3% of their token supply to Ansem memecoin holders and burn tokens to secure higher rankings on the site.

• Vulcan Flags Bankruptcy Risk After $33 Million Debt Deadline Passes Without Financing

  The Bitcoin miner’s proposed $39.4 million financing has an October 10 outside date, leaving a $33.1 million note redemption unresolved.

• Guggenheim financing entity sees 77% earnings drop in Q2

  GIH Borrower LLC revenue fell 38% to $186 million, and earnings dropped to $37 million after a Friday disclosure.

• Neynar Seeks New Owner for Farcaster Seven Months After Acquisition

  Neynar, which acquired Farcaster in January, announced on August 17 that it is looking for a new team to run the protocol and its products.

• BitMart founder rejects audit calls as users report blocked funds

  BitMart's founder dismissed requests for an audit after users reported inaccessible assets and staff reported unpaid wages, according to CoinDesk.

• ABFinance, founded by former ByBit CEO Helen Liu, shuts down

  ABFinance is the fourth US-based crypto exchange to close within a six-week period, according to reports from Protos.

• Strategy pauses Bitcoin sales, raises $334M via MSTR stock

  Strategy sold 3.46 million MSTR shares to fund dividends and buybacks, leaving its 840,447 BTC stack unchanged.

• HIVE signs $350M AI cloud contract through BUZZ HPC

  The five-year deal adds about $70M in annualized revenue and requires $185M in capital expenditure to build a 2,016-GPU cluster.

• Greenlane's $70M altcoin treasury drops 77% as Nasdaq delisting risk looms

  Greenlane's BERA holdings lost $53.8 million in value in Q2, leaving the company well below a stayed Nasdaq listing standard.