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Latest from Michael Bellusci
Crypto Investment-Product Firm 21Shares' Parent Raises $25M, Pushing Valuation to $2B
The newly formed 21.co launched as the parent company of ETP issuer 21Shares and technology platform Onyx.

BlackRock to Use Kraken Subsidiary for Crypto Offering
The asset manager will use CF Benchmarks' bitcoin index.

FTX.US Derivatives Deepens Board With Addition of Ex-CFTC Commissioner
The hire comes as FTX has previously pitched the CFTC to directly clear customers' crypto swaps.

Coinbase Gets Hold-Equivalent Rating From Barclays on Crypto Regulatory Risk
The headwinds are set to continue for the exchange, says the investment bank.

Ether May Continue to Lose Momentum Until Merge Is Completed, BofA Says
Investors want more clarity around The Merge and its implications, the bank told clients in a research note.

Coinbase Adds Nano Ether Futures to Derivatives Platform for Retail Traders
This follows the exchange recently launching Nano Bitcoin futures for retail clients.

Investment Bank Cowen Nabs 2 Crypto Hires for Digital Asset Team
Cowen's crypto-focused hires come after the bank launched its digital asset division this year.

Market Wrap: Bitcoin Rises Slightly Along With Stocks
U.S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets.

CoinShares a Good Way to Play the Crypto Recovery, BTIG Analyst Says
Europe's largest digital asset management company continues to develop crypto-focused financial products and maintains an edge over peers, said the analyst.

FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
Revenues soared 1,000% from just $89 million in 2020, according to internal documents seen by CNBC.
