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Block (XYZ)

Earnings summaries and quarterly performance for Block.

Recent press releases and 8-K filings for XYZ.

Ostium Raises $24M for Onchain Perpetual Futures
XYZ
New Projects/Investments
  • Ostium, a decentralized exchange, has successfully raised $24 million in new funding, including a $20 million Series A co-led by General Catalyst and Jump Crypto, bringing its total funding to $27.8 million and valuing the company at approximately $250 million.
  • The platform, built on the Arbitrum layer 2 Ethereum protocol, specializes in perpetual futures trading for real-world assets such as stocks, commodities, indices, and FX.
  • Ostium has processed $25 billion in cumulative trading volume, including $5 billion in metals trading, and aims to disrupt the $10 trillion global CFD broker market by offering transparent and efficient alternatives.
1 day ago
Bitkub Considers Hong Kong IPO
XYZ
New Projects/Investments
Delisting/Listing Issues
  • Bitkub, Thailand's largest cryptocurrency exchange, is reportedly exploring an initial public offering (IPO) in Hong Kong, aiming to raise approximately $200 million.
  • The potential IPO could occur as early as next year (2026), driven by Hong Kong's efforts to become a regional digital-assets hub through eased regulations and disappointing performance in Thailand's domestic stock market in 2025.
  • Hong Kong's IPO market is on track for a four-year high in proceeds, signaling strong momentum for new listings.
  • Bitkub maintains a significant market presence with a total 24-hour trading volume of $60.75 million.
Nov 24, 2025, 7:42 AM
Block's Cash App Launches Major Product Expansion
XYZ
Product Launch
New Projects/Investments
  • Cash App has introduced Moneybot, an AI assistant designed to provide personalized financial insights and actionable advice to users.
  • The platform launched Cash App Green, a new benefits program offering banking perks such as no ATM fees and up to 3.5% APY on savings balances, expanding access to over 8 million users.
  • Borrowing options have been expanded to 48 states, allowing eligible users to access up to $500 without credit checks, noting a 97% repayment rate and accessibility for users with lower credit scores.
  • Enhanced Bitcoin functionality includes Lightning Network payments and a merchant map for Bitcoin acceptance.
Nov 13, 2025, 11:08 AM
JPMorgan and DBS Develop Cross-Blockchain Deposit Framework
XYZ
New Projects/Investments
Product Launch
  • JPMorgan and Singapore’s DBS Bank are developing an interoperability framework to enable instant, 24/7 cross-bank, cross-chain transfers of tokenized deposits for institutional clients.
  • This system will link JPMorgan’s Kinexys Digital Payments (including JPM Deposit Tokens) with DBS Token Services, aiming to facilitate transfers without relying on traditional banking rails and reduce fragmentation in cross-border payments.
  • The initiative aligns with JPMorgan's broader tokenization plans, which include a 2026 launch for Kinexys Fund Flow and future expansion into private credit and real estate tokenization.
  • Both JPMorgan and DBS were backers of Patrior, a blockchain settlement network and payment platform that raised $60 million in July 2024, signaling broader institutional support for blockchain payment infrastructure.
Nov 11, 2025, 1:15 AM
Atlassian Completes DX Acquisition
XYZ
M&A
  • Atlassian Corporation (NASDAQ: TEAM) has completed the acquisition of DX, a leader in engineering intelligence.
  • This acquisition aims to advance engineering intelligence for enterprises, providing unparalleled visibility into developer experience and helping organizations measure and improve developer productivity and satisfaction.
  • DX will be integrated into Atlassian’s System of Work and added to the Atlassian Software Collection, which includes products like Jira and Bitbucket, to empower developers with an AI-native SDLC.
Nov 10, 2025, 9:05 PM
Block, Inc. Reports Strong Q3 2025 Financial Results and Raises Full-Year Guidance
XYZ
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Block, Inc. reported Q3 2025 gross profit of $2.66 billion, an 18% year-over-year increase.
  • Both key segments showed strong momentum, with Cash App gross profit accelerating 24% year over year to $1.62 billion and Square GPV accelerating 12% year over year.
  • The company achieved Adjusted Operating Income of $480 million with an 18% margin in Q3 2025.
  • Cash App's monthly active users reached 58 million in September, and gross profit per monthly transacting active grew 25% year over year to $94.
  • Block is raising its full-year 2025 guidance, now expecting $10.243 billion in gross profit and $2.056 billion in Adjusted Operating Income.
Nov 6, 2025, 9:29 PM
Block: Bitcoin Rebounds Above $110K
XYZ
  • Bitcoin rebounded above $110,000, trading around $110.5k–$111k, and Ether reclaimed $4,000, following a flash crash that erased approximately $19 billion in leveraged positions.
  • The market bounce is driven by renewed institutional inflows and spot-ETF buying, with CME FedWatch indicating roughly 98.9% odds of an October rate cut, supporting risk appetite.
  • Corporate accumulation continued, with MicroStrategy purchasing 168 BTC for $18.8 million at an average price of $112,051, bringing its total holdings to 640,418 BTC acquired at a cost of about $47.40 billion (average ~$74,010).
  • Traders are monitoring support near $107,000 and resistance around $110,000–$115,500, with a decisive break above $111,000 potentially triggering a short squeeze.
Oct 20, 2025, 3:01 AM
Ripple to Acquire GTreasury
XYZ
M&A
New Projects/Investments
  • Ripple plans to acquire GTreasury for $1 billion, significantly expanding its presence in corporate finance and liquidity management.
  • This acquisition is Ripple's third major purchase in 2025, following Hidden Road ($1.25 billion) and Rail ($200 million), as the company aims to build a full-stack digital financial services platform.
  • GTreasury brings over 40 years of experience and a client base of more than 1,000 corporate clients globally, connecting financial managers, banks, and ERP systems.
  • The deal is subject to regulatory approvals, especially concerning anti-money laundering (AML) and know-your-customer (KYC) protocols.
Oct 16, 2025, 5:13 PM
a16z Crypto Invests in Solana's Jito
XYZ
New Projects/Investments
Product Launch
  • Andreessen Horowitz's crypto division, a16z crypto, has invested $50 million in Jito, a key infrastructure protocol on the Solana blockchain specializing in liquid staking and transaction optimization.
  • Jito supports over $3.2 billion in market cap for its liquid staking token JitoSOL and approximately $2.7 billion in liquid staking activity. Its Block Assembly Marketplace (BAM) was launched in September 2025 to address maximal extractable value (MEV).
  • The funding, which includes a lock-up period for a16z to receive Jito tokens, will be used to scale infrastructure, expand developer tools, and enhance Solana's position in decentralized finance.
  • This investment coincides with regulatory developments, such as VanEck's proposed JitoSOL ETF, which could integrate Solana staking yields into traditional finance.
Oct 16, 2025, 2:42 PM
Daylight Energy Raises $75M to Expand Decentralized Home Energy Network
XYZ
New Projects/Investments
Debt Issuance
Revenue Acceleration/Inflection
  • Daylight Energy has successfully raised $75 million in a financing round, consisting of $15 million in equity and $60 million in project financing, led by Framework Ventures and Turtle Hill Capital.
  • The funding is earmarked for expanding its decentralized energy network, which aims to transform residential homes into distributed power plants through the installation of home solar and battery storage systems.
  • The company leverages decentralized finance (DeFi) protocols like DayFi to directly connect investors to electricity revenues and uses crypto-economic incentives to reward homeowners for contributing excess power to the grid, thereby creating a virtual power plant.
  • Daylight's approach seeks to address inefficiencies in the residential solar market and grid capacity challenges by reducing solar adoption costs, enhancing grid stability, and generating new revenue streams.
Oct 16, 2025, 1:38 PM

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