Daily news roundup including NYSE-OKX partnership, A16z $2B fund raise, Kevin Warsh Fed nomination, and live Paradex airdrop claim.
VC & Fundraising ·
Ice, the owner of the New York Stock Exchange, formed a partnership with crypto exchange OKX valuing the platform at $25 billion, with plans to offer tokenized NYSE stocks on OKX targeting a launch in the second half of 2026. The White House officially sent Kevin Warsh's nomination for Federal Reserve chair to the Senate, while Andreessen Horowitz's crypto arm is targeting $2 billion for its fifth fund with plans to close in the first half of 2026. Separately, Paradigm is raising $1.5 billion for a new fund that expands its mandate to include artificial intelligence and robotics alongside crypto.
Hyperliquid's HYPE token saw weekly burns reach $9.22 million, a 20 percent increase week-over-week, as the token gained 19 percent over the week. Traditional finance assets now comprise 31.6 percent of all Hyperliquid trading volume, with oil, gold, and stocks driving the shift. The exchange recorded over $200 billion in monthly volume during February.
Bitrefill reported being targeted by hackers, while the Paradex airdrop claim window opened. Multiple crypto venture funds are racing to close capital raises in early 2026, though whether these larger fundraises will translate into deployment activity during market uncertainty remains unclear.