Robinhood plans to let holders of its Stock Tokens redeem them for real shares and vote those shares, the company’s crypto chief …
shares
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Finance
AMC CEO blasts Robinhood for stock token, putting synthetic shares in spotlight
by shayaanby shayaanAMC Entertainment CEO Adam Aron lashed out at Robinhood’s tokenized version of the movie-theater chain’s shares Thursday, shining a spotlight on synthetic …
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Finance
Bitcoin treasury company registers 93% of shares for resale and puts third of its crypto into options
by shayaanby shayaanUSBC has registered a block of already-issued shares equal to almost its entire outstanding common stock for potential resale, creating a potential …
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Stripe and Advent International have walked away from their roughly $53 billion attempt to buy PayPal. Had it gone through, the deal …
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Finance
Citi Launches Digital Depositary Receipts to Tokenize Private Company Shares
by shayaanby shayaanPrivate company shares still trade through bilateral, paper-heavy processes that keep most investors out of venture-backed growth. Citi is now applying the …
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IREN IREN$37.92·At close shares fell 8% during Friday pre-market after its fiscal fourth-quarter results which showed the near-term cost of transforming the …
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Finance
$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares
by shayaanby shayaanNasdaq-listed Digital Currency X Technology Inc. is asking shareholders to approve a 160-for-1 reverse stock split, also known as a share consolidation, …
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Analysis
Strive Purchases 1,110 Bitcoin in a Week, Holdings Top 21,000 BTC as Shares Surge 11%
by shayaanby shayaanA cryptocurrency treasury company is adding more than a thousand Bitcoin (BTC) to its holdings in a single week, pushing its total …
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Analysis
Coinbase Tokenized Stocks Go Live on Base Bringing Apple and NVIDIA Shares to DeFi 24/7
by shayaanby shayaanTokenized versions of major US stocks are going live on Base, Coinbase’s Ethereum layer-2 network. Base says tokenized stocks issued by top …
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In brief Strive purchased 1,110 Bitcoin at an average price of $73,409. The company issued 3.65 million common shares and 441,313 preferred …