Cheddar's Crypto Craze explores the latest movements in this emerging market. Anchors Hope King and Brad Smith talk about the latest crackdown by regulators, plus how one entrepreneur is tapping into the luxury market. The SEC issued dozens of subpoenas to investigate initial coin offerings. Fortune Senior Writer Jen Wieczner explains what this crackdown means for the cryptocurrency market. Wieczner says ultimately this crackdown can weed out bad actors in this emerging market. A new player in the cryptocurrency space is looking to build an ecosystem around this emerging market. Hodl.vc Founder and Managing Partner Ivan Soto-Wright explains how this company is tapping into the luxury market. Plus, Brad Smith checked out an ATM at the Bitcoin Center in New York City. It's been a wild week in Washington from gun control conversation shaking up, to personnel changes, and now trade wars. Political Consultant Rick Wilson explains his take on the repercussions of the chaos inside the White House. BlackRock says it is time to take action on guns. BlackRock says gun violence "requires response and action from a wide range of entities across both the public and private sectors." the company sent a three-page letter to clients offering to explore ways to switch them into funds that take out gun manufacturers and retailers.

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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
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