Schwab clients are already major holders of crypto ETFs and are looking to bring their assets held by "crypto natives" to the firm.
Coinbase will act as a custodian and executives from Galaxy, Kraken, Pantera, and more have participated in funding.
The Nasdaq firm recently delved into real-world assets after its merger with Streamex, a tokenization specialist.
The Nasdaq-listed firm said it plans to use the proceeds to support its $100 million crypto reserve strategy launched earlier this year.
A "prepaid forward" arrangement enables investors to hedge some of their risk by purchasing or selling shares when they are priced.
Bit Digital plans to use every dollar raised to expand its Ethereum treasury as it wind downs its Bitcoin mining business.
Galaxy Asset Management closed a $175 million raise for Galaxy Ventures Fund I on Thursday, exceeding its initial $150 million target.
The funding aims to accelerate institutional and decentralized finance adoption of the privacy-focused Canton Network.
Paris-based internet-of-things firm Sequans plans to raise $385 million via private placements to fund a BTC acquisition strategy.
The framework includes a "maturity tier" and self-assessment aiming to garner trust and set industry-wide operational standards.
The Seychelles-based exchange it working with crypto custodian BitGo Singapore, using its Go Network for off-exchange settlement.
Crypto research firm Artemis and DeFi project Vaults argue there is growing “institutional appetite” for onchain yield, in a new report.
Tokyo-based SBI Group has invested $50 million in USDC stablecoin issuer Circle following its $1.1 billion debut on the New York Stock Exchange.
The Financial Times, citing six anonymous sources, said Trump's media group plans to raise and invest $3 billion into bitcoin and cryptocurrencies.
The collaboration highlights a broader effort to set institutional standards in capital efficiency and digital asset management.
ONe generates returns from a Solana-based reinsurance pool, which is compounded by sUSDe returns and ONRE protocol incentives.
The move marks the exchange’s latest European expansion, approximately a month and a half after launching its derivatives trading in the UK.
Gemini operates as a New York Trust Company, which appeals to institutional investors seeking compliance and security.
The $25 million Series A round was led by New Form Capital, with participation from Joint Effects, Tribe Capital and Ripple, among others.
Global funds network Calastone taps Fireblocks to support a new tool enabling asset managers to tokenize any fund on its platform.
Securing sustainable liquidity will be essential for DeFi's future, says Jason Hall of Turtle Club.
Bitdeer Technologies opened a $200 million credit facility earlier this month with Matrix Finance, also founded by Jihan Wu.
A survey uncovers institutional investor sentiment and planned adoption of digital assets. Dive into the results with EY-Parthenon’s Prashant Kher.
Other investors include prominent financial institutions Susquehanna and Triton Capital as well as dozens of crypto native firms and angels.
VanEck is a global investment management firm focused on specialized and often underrepresented asset classes.
The credit line is for moments of extreme liquidity demand, such as the recent Trump memecoin launch, MoonPay CEO Ivan Soto-Wright told The Block.
Converge, expected to launch in Q2, is an Ethereum-compatible blockchain featuring native KYC and custody solutions.
BlackRock's first tokenized fund surpassed Franklin Templeton's BENJI last April and has since overtaken Hashnote's USYC as the largest onchain fund.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Integrating an oracle would make it easier to bridge Apollo, BlackRock, Hamilton Lane and KKR's onchain funds into DeFi.