Benchmark said Metaplanet has built trust with investors through clear roadmap and transparent treasury reporting.
Metaplanet's latest bitcoin purchase puts it ahead of Galaxy Digital, which holds 12,830 BTC, and CleanSpark, with 12,502 BTC.
With ETH's bulls eyeing a breakout to $3K, Obol’s Head of Marketing & Ecosystem says that distributed validators are now critical infrastructure as Wall Street takes interest.
As more Koreans look to invest in crypto, a boom in stablecoin-related stocks has made Circle the hottest overseas stock for investors in the country.
GF Securities has partnered with HashKey to issue tokenized securities, named 'GF Token,' in USD, HKD and offshore yuan in Hong Kong.
PLUS: Bakkt is entering the BTC Treasury market with a $1 billion BTC purchase.
Guotai Junan announced Wednesday a license upgrade granted by the Hong Kong SFC, enabling it to offer crypto trading services.
The Tokyo-listed investment firm has purchased an additional 1,234 BTC, acquired at roughly $107,557 per bitcoin.
Metaplanet plans to amass 1% of bitcoin's 21 million supply, potentially join Michael Saylor's Strategy as one of the top corporate holders by 2027.
Aurora Mobile has mentioned bitcoin, ether, Solana and Sui as potential investments, among other cryptocurrencies.
The bank said it is a preemptive effort in preparation for the upcoming stablecoin consortium with seven other major banks in the country.
It currently holds 11,111 BTC, placing itself as the eighth largest corporate holder of the cryptocurrency.
The company recently hit 10,000 BTC in total holdings, which was its initial year-end goal before it was revised to 30,000 BTC.
KakaoPay, the payment services subsidiary under internet conglomerate Kakao, recently filed stablecoin patent applications.
The initial tranche of $10.6 million in subscriptions is expected to close within 48 hours following its Wednesday announcement.
Founder Liu said stablecoins can improve cross-border transactions, which aligns with recent comments from China's central bank governor.
Antalpha raised $56.7 million via its IPO just last month, with Tether acquiring an 8.1% stake in the company.
If stablecoins are the future of payments, Tron Inc., not Circle, might be how investors get exposure to these new financial rails, especially in emerging markets.
The company also announced the issuance of zero-interest bonds worth $210 million to fund its Bitcoin purchases.
PLUS: Institutional Ethereum staking might drive ETH’s next rally.
The Bitcoin network will eventually do a software upgrade that will nullify the quantum threat to BTC, Strategy's Michael Saylor recently said on CNBC.
PLUS: $TRUMP token slumps on Trump-Musk drama and wallet fallout
The crypto exchange said the Singapore High Court declined its proposed restructuring plan following a $230 million exploit last year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Hong Kong-listed OSL Group has agreed to purchase a 90% stake in Evergreen Crest, which runs an Indonesian crypto exchange.
Metaplanet steps closer to its previously announced year-end target of holding 10,000 BTC in its corporate treasury.
Bitcoin still looks bullish, but some metrics are pointing to an overheated market, says CryptoQuant
PLUS: U.S. lawmakers introduce crypto market structure bill.
Metaplanet plans to expand its bitcoin strategy with $50 million in newly issued zero-interest bonds, after it increased its BTC stash to 7,800 bitcoins.
PLUS: SCB10X's new CEO, Kaweewut Temphuwapat, predicts clearer regulations and fintech innovation in Thailand will drive stronger crypto deal flow across Southeast Asia.