Tag: Double

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Why Mastercard paid double for stablecoin infrastructure it could have built

When one of the world's largest card networks pays a significant premium over a company's last valuation to acquire it, that is worth paying...

Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports

In brief Kalshi has raised $1 billion in a new funding round led by Coatue Management, valuing the prediction market at $22 billion. The raise doubles...

Prediction market Kalshi raises $1 billion at double its December valuation: Bloomberg

Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter.The...

Tencent to Double AI Spending to More Than $5B Over Next Year

Chinese tech giant Tencent plans to boost its spending on AI over the next 12 months, more than double what it invested over the...

Two Largest DAT Companies Double Down on Crypto Buys

Strategy just bought nearly 6x more BTC than last week, while Tom Lee's Bitmine also purchased more ETH than usual.The largest digital asset treasury...

Optimism Plunges Double Digits Amid Base’s Tech Stack Overhaul

In brief Optimism's OP token dropped by double digits after Base announced that it was transitioning from OP Stack to its own "unified stack," base/base. Node...

Hong Kong Investors Would Double Fund Allocations With Tokenized Products: Aptos Labs

A survey shows strong demand for faster settlement, 24/7 access, and secondary trading.Retail investors in Hong Kong and the Chinese mainland said they would...