The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

On February 3, U.S. House Speaker Johnson announced the House will vote to advance relevant legislation to end the brief government shutdown on Tuesday. (FX678)

On February 3, official sources confirm that Ondo has launched a Global Listing service designed to onboard U.S. stock IPOs onto the blockchain nearly instantaneously—enabling trading on mainstream blockchains via the Ondo Global Markets platform from day one. Going forward, wallets, exchanges and blockchains will be able to offer their global users access to on-chain IPOs on launch day. The tokenized stocks are permissionless, transferable and built for composability—similar to stablecoins—while being compatible with the most widely adopted blockchain ecosystems.

On February 3rd, Bitget market data shows U.S. stock indices extended losses: the Nasdaq dropped 1%, while the S&P 500 fell 0.48%.

February 3 — Kairos, a trading terminal built for predictive market users, announced it has raised $2.5 million in funding, led by a16z Crypto with participation from Geneva Trading, the University of Illinois, and other angel investors, per Fortune. Co-founders Jay Malavia and Zayd Alzein are targeting users by integrating two top prediction markets — Kalshi and Polymarket — and offering a fast, customizable dashboard. On Kairos, clients can view real-time trades from both platforms in one interface and receive real-time news alerts tied to those trades. Kairos claims its platform is 2-3 seconds faster than Kalshi or Polymarket’s own interfaces. The terminal has already integrated Kalshi and Polymarket, with plans to add more trading platforms soon.

On February 3, The Block reported that Y Combinator (YC)—Silicon Valley’s most prominent startup accelerator—will let startups raise funds via stablecoins, marking the first time the institution has offered this option to founders. Nemil Dalal, YC’s crypto-focused Access Partner, disclosed that starting with the Spring 2026 cohort, any YC-backed startup— not just crypto-native or crypto-related firms—can choose stablecoin payments. Dalal noted YC will provide USDC funding across key blockchains: Ethereum, Base, and Solana. YC said the move comes as stablecoins have hit a so-called “regulatory inflection point” after the U.S. passed the GENIUS Act. The accelerator believes stablecoin transfers are faster and cheaper than traditional fiat channels, making them ideal for founders with cross-border operations.

Feb. 3 (CoinDesk) — Kraken parent company Payward said its trading volume rose 34% year over year to $2 trillion, while adjusted revenue grew 33% in 2025. Transactional revenue accounted for 47% of its $2.2 billion in total revenue, with the remainder coming from non-trading businesses including custody, payments, and financing. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) climbed to $531 million, representing a 26% margin. The 15-year-old firm filed a confidential draft U.S. IPO registration statement last November, noting it plans to split its consumer-facing products from its infrastructure operations — a strategy it likens to tech giants Alphabet (GOOG), Meta (META), and Amazon (AMZN).