RedotPay says it processes over $10 billion in annualized volume and generates more than $150 million in annualized revenue.
Stocks on Securitize will be 'real, regulated shares' that are issued onchain and recorded on an issuer's cap table.
Anchorage Digital acquired Hedgey, a startup that builds solutions for managing token allocations, distributions, and vesting schedules.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company has a diverse portfolio of companies it has invested in including artificial intelligence, robotics, and gold.
Acquiring Securitize For Advisors will help Anchorage, the first federally chartered crypto bank, expand its wealth management offerings.
The stablecoin issuer said its goal is to make digital assets issued on Arc interoperable across various blockchains.
Privacy tokens are rallying, new infrastructure is gaining steam, and VCs are paying closer attention to this area.
Fogo will airdrop the tokens set aside for a pre-sale next week, a change in strategy to better distribute tokens and reward early users.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Tether is reportedly considering tokenizing its stock once it completes a share sale that could be finalized at a $500 billion valuation.
The integration adds real-time odds, settlement notifications, and live community chat alongside Phantom's existing trading tools.
JPMorgan created the Solana-based USCP token to facilitate sales of short-term corporate debt, beginning with Galaxy.
Launched in 2021, the universal liquidity layer and protocol intermediary has surpassed $60 billion in lifetime transaction volume.
The initiative remains exploratory, with any product launch dependent on securing required regulatory approvals, the firm said.
Manche said the team has already begun investing, and he expects the capital to be deployed over the next few years.
Grayscale's private TAO trust is going public under the ticker symbol GTAO, just days before the Bittensor network's halving event.
Sungmo Park, former APAC lead at Monad Foundation and Polygon Labs, has been named to head a16z's efforts in the region.
Stripe has acquired the team behind peer-to-peer mobile payments app startup Valora, though not the app itself.
The startup named Surf says over 300,000 people are using the platform with more than a million search results.
Cascade raised $15 million in seed funding in a round co-led by Polychain and Variant, with support from Coinbase Ventures.
Utilizing the ATM structure, Strive gains the flexibility to sell shares directly to the market at prevailing prices over a period.
The proceeds would be used to repay its prior loan agreement with Singapore-based Antalpha formed in October.
Twenty One wants to distinguish itself from pure bitcoin-holding firms by pushing into brokerage, credit, and other financial services.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Privacy-focused blockchain project Octra said the sale allocation could increase if demand is high. Any unsold tokens will be burned.
HashKey plans to use a large portion of the proceeds for tech and infrastructure upgrades, market expansion and ecosystem partnerships.
The deal deepens Tether’s push into AI and robotics, following recent investments in brain-computer interfaces and GPU infrastructure.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ripple's $500 million raise involved terms that ensured profits for backers like Citadel and Fortress, Bloomberg reported.