In brief Consensys CEO Joe Lubin says his firm is talking to institutions in a “very big” country about building on Ethereum. …
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sovereign
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Finance
Bad News from the US Treasury Secretary Regarding the US Sovereign Wealth Fund, Which Was Reportedly Planning to Purchase Bitcoin Too
by shayaanby shayaanUS Treasury Secretary Scott Bessent announced that the sovereign wealth fund plan launched at the behest of President Donald Trump has been …
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Adoption
Sovereign entities opt for indirect Bitcoin exposure via Strategy to bypass constraints – StanChart
by shayaanby shayaanSovereign wealth funds and state institutions are increasingly opting to gain Bitcoin (BTC) exposure through Strategy (MSTR) rather than spot BTC exchange-traded …
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Adoption
Abu Dhabi sovereign wealth fund Mubadala expands Bitcoin exposure via IBIT while Wisconsin fund exits crypto ETF
by shayaanby shayaanAbu Dhabi sovereign wealth fund Mubadala raised its exposure to Bitcoin (BTC) during the first quarter, purchasing 491,000 shares of BlackRock’s iShares …
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Adoption
Uzbekistan Pilots HUMO Token Backed By Sovereign Bonds To Accelerate Digital Finance Integration
by shayaanby shayaanUzbekistan has launched a pilot for a blockchain-based token, HUMO, pegged to sovereign bonds and aimed at creating innovative methods of attracting …
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Finance
White House rejects parts of Trump advisers’ sovereign wealth fund proposal
by shayaanby shayaanThe White House has opposed certain elements of a sovereign wealth fund proposal developed by Treasury Secretary Scott Bessent and Commerce Secretary …
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Adoption
StanChart says Bitcoin could exceed $120K target for Q2 amid institutional, sovereign boom
by shayaanby shayaanStandard Chartered’s head of digital assets research, Geoffrey Kendrick, said Bitcoin (BTC) appears on track to reach new record highs sooner than …
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Scams
Sovereign Wealth Funds Bought Bitcoin as Retail Pulled Back: Coinbase Exec
by shayaanby shayaanIn brief Institutional investors including sovereign wealth funds drove Bitcoin’s April rally, while retail investors pulled out of ETFs, Coinbase’s John D’Agostino …
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Adoption
Sovereign wealth and insurance funds quietly accumulate Bitcoin in April – Coinbase exec
by shayaanby shayaanLarge institutional investors, including sovereign wealth funds and major insurance pools, added Bitcoin (BTC) exposure throughout April as part of broader portfolio …
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Finance
Germany’s central bank chief pushes for sovereign digital euro, still sees Bitcoin as ‘digital tulip’
by shayaanby shayaanBundesbank president Joachim Nagel says the European Union needs state-controlled digital currency as a safeguard against private sector dominance in global finance. …
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