Joins
Robinhood Joins S&P 500, Expands the Index’s Crypto Exposure
Robinhood Markets will officially join the S&P 500 on Sept. 22, replacing Caesars Entertainment, as part of the quarterly rebalancing of the index. The inclusion, announced by S&P Dow Jones Indices on Friday, brings another crypto-adjacent company to America’s most tracked stock index, further expanding the benchmark index’s exposure to the crypto sector. “This movement […]
Sky Joins Bidding War for Planned Hyperliquid Stablecoin
Crypto protocol Sky has become the fifth crypto project to launch a bid to help the decentralized perps exchange Hyperliquid launch and issue a stablecoin. Sky co-founder Rune Christensen on Monday posted his project’s proposal to back Hyperliquid’s USDH stablecoin, offering up Sky’s resources and promising a customizable token with a yield rivaling US treasury […]
Arthur Hayes Joins Stem Cell Firm After Trump Pardon
BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and major stake in a stem cell company following his March pardon from US President Donald Trump, which wiped clean his conviction for Bank Secrecy Act violations. Hayes, who built BitMEX into one of the largest derivatives platforms before it fell under regulatory […]