Crypto

BitGo revenue up 80 percent but posts $19 million net loss in Q2

BitGo posted $4.3 billion in revenue in the second quarter of 2026 but recorded a net loss of $19 million. Revenue rose about 80 percent from a year earlier, but unrealised cryptocurrency losses and weaker trading margins hurt profitability. The net loss narrowed from $60.7 million in the first quarter, while revenue rose 14.7 percent from the previous quarter. The company also approved a share buyback of up to $50 million.

Crypto

Binance bStocks ranks second in tokenised stock issuance, surpassing xStocks

Binance’s bStocks has risen to second place by issuance value in the tokenised stock market less than two months after launch, Cointelegraph reported. Token Terminal data showed bStocks’ issuance value exceeded Kraken’s xStocks on Aug. 3, while Ondo Finance remained the leader. The issuer landscape has changed sharply over the past year, with overall market size tracked by Token Terminal expanding from about $80 million to about $2.7 billion.