His wealth increased fivefold, and he ate Coinbase's "lunch".
Vladimir Tenev first disrupted the fee model of the financial brokerage industry and now has increased his wealth fivefold to $6 billion by actively embracing cryptocurrencies.

Vladimir Tenev first disrupted the fee model of the financial brokerage industry and now has increased his wealth fivefold to $6 billion by actively embracing cryptocurrencies.
Control, value capture, compliance, and the trillion-dollar stablecoin opportunity.
Binance has joined the T3+ coalition and helped freeze $6 million from a pig-butchering crypto scam. The exchange is actively working with other industry players to track and stop illegal blockchain activity in real time.
Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.
Stock tokenization is becoming the best narrative for the integration of TradFi and Web3 in 2025.
The SEC and Ripple have dropped their appeals, ending the long XRP lawsuit and letting the 2023 mixed ruling stand. XRP’s price jumped over 10% after the news, and Ripple will now focus on growing its business and moving forward.
AB is now listed on US exchange Kraken, allowing direct USD and EUR purchases. This launch coincides with a US review of pension rules that could let retirement funds invest in digital assets.
AB DAO announces that AB officially went live on Kraken on August 7, 2025. Users can now deposit AB and place post-only limit orders (orders will not match yet). Full trading will begin on August 8, 2025, when the AB/USD and AB/EUR pairs go live, allowing purchases directly in U.S. dollars and euros.
Standard Chartered and Animoca Brands have launched a new company to develop a Hong Kong-dollar stablecoin and applied for a licence from the Hong Kong Monetary Authority. They are working within Hong Kong’s new strict stablecoin regulations to offer a secure and regulated digital payment option.
Ethereum treasury firms are buying large amounts of ETH and now hold as much as the new U.S. spot ETFs. Unlike ETFs, these companies can earn staking rewards and use DeFi, making them more attractive to some investors.