Cowen
Cowen Downgrades Coinbase Stock, Citing Trading Volume Declines
The firm said it's not clear whether trading will recover after the collapse of FTX.

Investment Bank Cowen Nabs 2 Crypto Hires for Digital Asset Team
Cowen's crypto-focused hires come after the bank launched its digital asset division this year.

Crypto.com Reportedly Reduces Workforce Since Initial Layoff Announcement; Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
Crypto exchange Crypto.com has laid off hundreds more employees since the initial layoffs in June, according to The Verge. Bitcoin mining rig maker Canaan said tougher market conditions will hurt its financial performance near-term after a difficult second quarter. Cowen analyst Stephen Glagola downgrades his rating on bitcoin miner Stronghold Digital.

Fintech Firm PolySign Raises $53M to Expand Staff
The funding round follows the firm’s acquisition of fund administrator MG Stover in April.

Investment Bank Cowen Launches Digital Unit, Aims to Compete With Bulge-Bracket Firms
It’s the latest in a trend of traditional finance players spying opportunity in the cryptocurrency sector.

Cowen Investment Arm Raises Over $46M for New Digital Assets Fund
A division of Cowen created in March is managing the fund.

Cowen to Offer Crypto Custody Services Through $25M Stake in PolySign
This comes as part of a PolySign's $53 million Series B funding round that Cowen led.
