Finance

A collection of 128 posts

Finance

Apollo, Securitize Launch Tokenized Credit Fund Across Several Blockchains

Apollo Global Management, one of the world's largest financial firms, is partnering with blockchain firm Securitize to bring tokenized investment opportunities to a wider audience. Their first collaboration, announced on Thursday, offers access to the Apollo Diversified Credit Fund through tokenization, initially available on six major blockchains: Aptos,

Finance

Tesla's Bitcoin Bet: New Accounting Rules Reveal $600M Gain in Fourth Quarter

New accounting rules are giving a clearer picture of the financial impact of Tesla's Bitcoin holdings. The electric vehicle maker, led by Elon Musk, reported a $600 million paper gain on its Bitcoin investment in the fourth quarter of 2024, thanks to a recent update that allows companies

Finance

Norway's Wealth Fund Holds $355M in Bitcoin via Indirect Investments

Norway's Norges Bank Investment Management (NBIM), the world's largest sovereign wealth fund, has significantly increased its indirect exposure to Bitcoin, now holding an estimated $356.7 million worth of the cryptocurrency, according to research from K33. This substantial holding reflects the fund's growing involvement

Finance

Trump Media Partners with Charles Schwab to Invest $250 Million in FinTech Venture Truth.Fi

Trump Media and Technology Group, the company behind the social media platform Truth Social, has announced a significant expansion into the financial services sector through a strategic partnership with financial services leader Charles Schwab. This collaboration involves an investment of up to $250 million aimed at developing and launching the

Finance

HIVE Digital Acquires Bitfarms' Paraguay Site for $85M, Adding 200MW in Mining Power

HIVE Digital has signed a binding letter of intent to acquire fellow Bitcoin miner Bitfarms’ partially-completed 200 MW site in Yguazú, Paraguay, in a deal totaling approximately $85 million designed to further tap into the country’s abundant hydroelectric power. This strategic acquisition will significantly expand HIVE's mining

Finance

Metaplanet Plans Huge $745 Million Raise to Boost Bitcoin Treasury Holdings

Metaplanet, a Japanese investment firm that has embraced a Bitcoin-centric strategy, is planning a major capital raise to further expand its already substantial Bitcoin holdings. The Tokyo Stock Exchange-listed company announced on Tuesday its intention to raise 116 billion Japanese yen (approximately $745.5 million) through the issuance of stock

Finance

Cboe BZX Files for In-Kind Bitcoin, Ethereum ETF Redemptions, Boosting Liquidity

Cboe BZX Exchange Inc. is pushing for a change to the redemption process for spot Bitcoin and Ethereum exchange-traded funds (ETFs), proposing to allow "in-kind" redemptions and creations. This move, mirroring a recent filing by Nasdaq on behalf of BlackRock's Bitcoin ETF, could streamline the trading

Finance

Ripple Expands U.S. Presence with Money Transmitter Licenses in New York and Texas

Digital asset infrastructure company Ripple has secured Money Transmitter Licenses (MTLs) in New York and Texas, marking a significant step in its U.S. expansion strategy. The move comes amid a shifting regulatory landscape and growing enthusiasm for cryptocurrency under the new administration. The newly acquired licenses enable Ripple Payments

Finance

$1 Billion Bitcoin Purchase: BlackRock's ETF Now Holds 2.7% of Total BTC Supply

BlackRock's iShares Bitcoin ETF (IBIT) continues its impressive growth, now holding a staggering 2.7% of the total Bitcoin supply. This milestone follows the investment giant's largest Bitcoin purchase of 2025, a $600 million acquisition on January 22, and another for over $463 million on January

Finance

MicroStrategy Adds $1.1B Bitcoin, Now Holds Over 471,000 BTC

MicroStrategy, the business intelligence firm famous for its aggressive Bitcoin strategy, has once again significantly increased its holdings. The company announced on Monday that it acquired an additional 10,107 Bitcoin, worth approximately $1.1 billion, between January 21 and January 26. This latest purchase brings MicroStrategy's total

Finance

Elon Musk's DOGE Dept. to Explore Blockchain for Government Efficiency

Elon Musk, tapped to lead the newly formed U.S. "Department of Government Efficiency" (D.O.G.E.), is reportedly exploring the use of blockchain technology to streamline government operations and reduce costs. The initiative, a key part of the new administration's agenda, has sparked particular

Finance

Real Estate Firm Fathom to Buy Bitcoin, Latest to Adopt BTC Treasury Strategy

Fathom Holdings, a publicly traded real estate technology company, is the latest firm to embrace Bitcoin as a strategic reserve asset. Following in the footsteps of companies like MicroStrategy, Fathom's board of directors has approved a plan to allocate up to half of its excess cash reserves to

Finance

BlackRock Bitcoin ETF May Get Efficiency Boost: Nasdaq Files for In-Kind Redemption Option

The U.S. Securities and Exchange Commission (SEC) is reviewing a proposal that could change how BlackRock's popular spot Bitcoin exchange-traded fund (ETF) operates. The proposal, filed by Nasdaq on behalf of BlackRock, seeks to allow "in-kind" redemptions and creations, a move that could potentially streamline

Finance

Printr Raises $2.5M to Launch Memecoins on Ethereum, Solana, and More

Printr, a new platform aiming to streamline the creation and launch of memecoins across multiple blockchains, has raised $2.5 million in its first-ever funding round. This pre-seed investment signals growing interest in tools that simplify token launches, particularly within the booming memecoin sector. Investors Flock to Printr: A Vote

Finance

Fogo's SVM Blockchain Raises $8 Million in Under 2 Hours via Cobie's Echo Platform

Fogo, an up-and-coming blockchain project aiming to bring institutional-grade finance on-chain, has raised $8 million in a lightning-fast funding round facilitated by Echo, a platform led by renowned crypto personality Jordan "Cobie" Fish. This unique round, which concluded in under two hours, highlights the growing interest in Solana

Finance

Pantera Capital Funds Radius's Plan to Monetize MEV for Rollups

Radius, an innovative rollup platform, is tackling the complex issue of Maximal Extractable Value (MEV) with a fresh approach. The company recently secured $7 million in seed funding to develop its decentralized network, Lighthouse, aiming to transform MEV from a potential problem into a sustainable revenue source for rollups, ultimately

Finance

Andreessen Horowitz Closing UK Office, Shifts Focus to US Market

Venture capital firm Andreessen Horowitz (a16z), a major investor in web3 and cryptocurrency, is closing its London office, its first international location. This decision follows a period of UK government efforts to attract crypto businesses and coincides with increased US support for the sector under the Trump administration. While a16z

Finance

Morgan Stanley Explores Crypto Services, CEO Seeks Regulatory Clarity

Wall Street giant Morgan Stanley is signaling a growing interest in the cryptocurrency market, with CEO Ted Pick revealing plans to work closely with the U.S. Treasury and other regulators to potentially offer crypto services. Pick's comments highlight a cautious but optimistic approach to digital assets, acknowledging

Finance

Buterin-Backed Startup Etherealize to Sell Ethereum to Wall Street

While Bitcoin has been stealing the spotlight, a new startup called Etherealize is aiming to remind Wall Street of Ethereum's unique strengths. Founded by former bond trader Vivek Raman, and backed by Ethereum co-founder Vitalik Buterin and the Ethereum Foundation, Etherealize seeks to market Ethereum as the go-to

Finance

ZKsync-Based GRVT Exchange Raises $5M, Plans Spot and Options Trading

GRVT, a hybrid cryptocurrency exchange built on Ethereum's Layer 2 network ZKsync, has secured a $5 million strategic investment led by Further Ventures, a venture capital firm backed by Abu Dhabi's sovereign wealth fund, ADQ. This latest funding round brings GRVT's total capital raised

Finance

MicroStrategy Boosts Bitcoin Holdings to 461,000 in $1.1 Billion Purchase

Business intelligence firm MicroStrategy has further solidified its position as a major Bitcoin holder, acquiring an additional 11,000 BTC for approximately $1.1 billion. The purchase, executed between January 13 and 20, was made at an average price of $101,191 per Bitcoin, according to a filing with the

Finance

Funding the Future: Merit's Protocol to Reward Open-Source Developers

Merit Systems, a startup with a mission to reshape the financial incentives within open-source software development, has secured $10 million in seed funding. The round, co-led by Andreessen Horowitz's crypto fund (a16z crypto) and Blockchain Capital, signifies a growing interest in creating sustainable economic models for the vital

Finance

Swiss Bank PostFinance Embraces Crypto, Launches Ethereum Staking

PostFinance AG, a major Swiss bank wholly owned by the Swiss government, is deepening its involvement in the cryptocurrency space. The bank announced on Thursday that it will now offer Ethereum staking services to its customers, allowing them to earn passive income by participating in the network's validation

Finance

VanEck Launches ETF for Investing in the Blockchain Economy

Asset management firm VanEck is launching a new exchange-traded fund (ETF) that provides exposure to the cryptocurrency space without directly holding digital assets. The fund, detailed in a January 15 filing, will focus on investing in "Digital Transformation Companies" and "Digital Asset Instruments," offering a unique

Finance

Fidelity Buys $463M in Bitcoin, Crypto ETF Inflows Hit $755M

Fidelity Investments has made a significant move in the cryptocurrency market, purchasing 4,661 Bitcoin, worth a whopping $463 million, on January 15, 2025. This substantial acquisition underscores the growing institutional interest in Bitcoin and contributed to a resurgence in Bitcoin ETF inflows, which totaled $755 million after a period