The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bit Digital sold its remaining bitcoin and deployed $173 million from a recent share sale to purchase more ETH, boosting its stockpile above 100,000 tokens.
Kuru blends AMM functionality with the central limit order book (CLOB) architecture on the Monad Layer 1 blockchain.
The acquisition positions CoreWeave among the largest holders of U.S. data-center power at a time when demand for AI compute far outstrips supply.
The purchase hands Ondo the regulatory approvals it needs to list and settle tokenized U.S. stocks and bonds in the American market.
The Nasdaq-listed firm said it plans to use the proceeds to support its $100 million crypto reserve strategy launched earlier this year.
Earlier this year, Ondo Finance launched a platform to give onchain exposure to U.S. securities such as stocks, bonds, and ETFs.
This brings the Solana treasury firm's stockpile to 640,585 SOL, worth about $96 million at current prices.
Capital will support the development of the open-world shooter "Reaper Actual," slated for release on Steam and the Epic Games Store.
The Open Platform plans to use its financing to expand geographically, which entails launching portfolio companies in the U.S., EU, and other areas.
With U.S. policy finally unlocking growth, Santori sees now as the moment to invest in the convergence of the two worlds.
The fund, which is regulated under the Investment Company Act of 1940 and uses Anchorage as a custodian, also brought in $1 million in AUM.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Details — including the total target number of bitcoins to be acquired, the number of shares to be issued, and the issuance pricing terms — remain unknown.
A "prepaid forward" arrangement enables investors to hedge some of their risk by purchasing or selling shares when they are priced.
Coinbase plans to roll Liquifi's token operations infrastructure into its institutional product to improve end-to-end management systems.
Following the acquisition, Lolli's platform will be integrated within Thesis's broader ecosystem, which also includes Mezo.
Bit Digital plans to use every dollar raised to expand its Ethereum treasury as it wind downs its Bitcoin mining business.
The firm laid out plans to raise $528 million in financing in mid-June to fund its bitcoin acquisition strategy.
Bitwise reiterated its call for BTC to hit $200,000 by the end of 2025, but is not so sure new highs for ETH and SOL are on the cards.
Circle has applied for a national banking license, according to Reuters. which would enable it to act as a custodian for its own reserves.
It wasn't completely clear if Tenev was only addressing those in attendance or any new Robinhood user in the EU.
New board chair Tom Lee bets Ethereum will benefit most from an expected boom in stablecoin transactions, which will uplift BitMine's value.
Regulatory clarity, along with the success of Circle's IPO, has helped fuel a record venture capital surge in the stablecoin sector.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Alex Atallah previously co-founded OpenSea with CEO Devin Finzer in 2018 but stepped down from the NFT marketplace in 2022.
CoreWeave is negotiating to acquire Bitcoin (BTC) miner-turned-compute host Core Scientific, the Wall Street Journal reported on June 26, citing people familiar with the matter. The cloud infrastructure company attempted to acquire the miner for $5.75 per share in June 2024 but withdrew after Core Scientific’s board deemed the price inadequate. Core Scientific and CoreWeave […]
The post CoreWeave revives bid for Core Scientific causing shares to surge 33% appeared first on CryptoSlate.
The move would represent Bakkt's latest strategic shift, after launching Bitcoin futures trading, a tokenized rewards program, and custody services.
Jarsy aims to give everyday investors access to pre-IPO companies by issuing a token that directly tracks that company's private shares.
In June 2024, the firm offered approximately $1 billion to purchase Core Scientific, which rejected the bid.