The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
GF Securities has partnered with HashKey to issue tokenized securities, named 'GF Token,' in USD, HKD and offshore yuan in Hong Kong.
Cathie Wood's Ark Invest offloaded 33,363 Coinbase Global Inc. shares as the stock closed up 5.54% on Thursday.
The move would represent Bakkt's latest strategic shift, after launching Bitcoin futures trading, a tokenized rewards program, and custody services.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
There are dozens of crypto-related ETF filings under SEC review, and analysts recently raised their odds of approval this year to 90%.
Galaxy Asset Management closed a $175 million raise for Galaxy Ventures Fund I on Thursday, exceeding its initial $150 million target.
The ramp-up in daily inflows comes as bitcoin's price rebounds amid a dollar index weakness tailwind, according to an analyst.
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.
Investment management company Invesco and crypto-focused firm Galaxy Digital have joined the race for a Solana exchange-traded fund.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Grove is developed by Grove Labs, which is owned by the DeFi-focused financial advisory firm Steakhouse Financial.
SoFi will reintroduce spot crypto trading and launch new crypto features after halting services in 2023 due to regulatory constraints.
Holders can buy between $50 to $5,000 worth of these digital assets, lower than the typical $10,000 minimum for private firms.
Tether's multi-billion dollar war chest has been deployed into several projects in recent years, including a Neuralink-style brainchip firm.
Despite the surge in bitcoin treasury companies, the use of in-kind share swaps helps explain why market impact is weaker, K33 said.
Space and Time, which launched its mainnet last month, is focused on building better database processing for smart contracts, AI, and dApps.
The bank said it is a preemptive effort in preparation for the upcoming stablecoin consortium with seven other major banks in the country.
"Do you understand this space as well as I do?" is the question wealthy investors are now asking, CoinShares CEO Jean-Marie Mognetti said.
After launching its bitcoin treasury strategy in April, The Smarter Web Company's stock soared nearly 20,000% before correcting.
The Ethereum ETFs have overcome more than $4 billion in net outflows from Grayscale's converted ETHE fund to reach the milestone.
Ark Invest sold 415,844 Circle shares on Monday, with CRCL closing up 9.6% at $263.45 — well above its IPO price of $31.
Anchorage Digital Porto wallet institutional users can swap tokens and access DeFi liquidity directly, removing reliance on third-party platforms.
Strategy's holdings now total more than 2.8% of the total 21 million bitcoin supply — worth over $60 billion.
Global Bitcoin and Ethereum-based funds led with net inflows of $1.1 billion and $124 million respectively.
Off-chain markets now dominate bitcoin trading and price discovery, with derivatives leading the charge, the analysts said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
DT Marks DeFi LLC is listed as a "related person" on World Liberty Financial along with President Donald Trump, his sons Eric and Donald Jr.
Elon Musk has dreamt of a super app akin to WeChat since rebranding Twitter to X in 2022 following his $44 billion takeover.