Sourcing initial capital from his mother to build a $1 billion crypto empire, DFG CEO James Wo says market metrics do not …
stake
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Finance
Alpha Compute acquires 60% stake in GAMEE, launches AI gaming division
by shayaanby shayaanAlpha Compute Corp., trading on NASDAQ under the ticker ALP, has signed a deal to acquire a 60% controlling stake in GAMEE …
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The crypto exchange’s investment arm and Korea Investment & Securities will each invest KRW 80 billion ($53 million) as Coinone pushes into …
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Finance
Tether Buys Out SoftBank Stake in Twenty One Capital as Bitcoin Treasury Competition Intensifies
by shayaanby shayaanTether has acquired SoftBank’s minority stake in Twenty One Capital (NYSE: XXI), tightening its control over the publicly traded Bitcoin treasury firm …
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Finance
Hanwha Investment to Acquire Additional $440 Million Stake in Upbit Operator Dunamu
by shayaanby shayaanHanwha Investment & Securities, a major South Korean financial services firm, has announced plans to acquire an additional stake in Dunamu, the …
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Today: Donald Trump has disclosed a direct equity position in MARA Holdings , the Nasdaq-listed bitcoin mining and AI infrastructure company formerly …
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DeFi
Pendle Deepens Strategy Stake, Holds 2.45 Million STRC Shares in Non-Custodial Market
by shayaanby shayaanPendle, a decentralized finance (DeFi) protocol specializing in yield tokenization, has announced a significant position in Strategy’s perpetual preferred stock, STRC. According …
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The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities. www.coindesk.com
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Finance
Japanese Telecom-Backed Fintech Group KDDI Acquires Coincheck Group Stake for $65M
by shayaanby shayaanKDDI Corporation, one of Japan’s largest telecommunications companies, invested approximately $65 million to acquire a 14.9% stake in Coincheck Group N.V. and …
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Markets
Standard Chartered expands further into crypto with stake in GSR at $1 billion valuation
by shayaanby shayaanSC Ventures, Standard Chartered’s venture capital division takes a $150 million stake in crypto trading firm GSR at a valuation of more …