A group of high-profile financial executives, including former Blackstone dealmaker Chinh Chu and Tether co-founder Reeve Collins, are seeking to raise $1 …
Treasury
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Markets
Metaplanet Raises $515M, Blockchain Group Adds $4.8M in Bitcoin Treasury Equity Moves
by shayaanby shayaanMetaplanet Inc (3350) and the Blockchain Group (ALTBG) both executed substantial equity capital raises as part of their initiatives to focus on …
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Regulation
Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund
by shayaanby shayaanTexas Governor Greg Abbott signed the “Bitcoin Reserve Bill” SB 21 into law on June 21, allowing the state to invest an …
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DeFi Development Corp. (DFDV), the Nasdaq-listed firm with a crypto treasury strategy focused on Solana SOL$135.28 , is bringing its equity onto …
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Smart Contracts
Pompliano Bitcoin Treasury ProCap Unveils $1 Billion SPAC Merger
by shayaanby shayaanIn short Anthony Pompliano’s procap is planning to use his Bitcoin interests to “implement risk-fat solutions to generate income and profit.” The …
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KindlyMD (NAKA), a Salt Lake City-based health-care data firm merging with bitcoin-focused holding company Nakamoto, raised another $51.5 million for bitcoin BTC$104,286.46 …
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Smart Contracts
Nakamoto Holdings Rakes in $51.5 Million for Publicly Traded Bitcoin Treasury
by shayaanby shayaanIn short Kindlymd, who merges with Bitcoin Holdings company Nakamoto Holdings, has collected $ 51.5 million to buy Bitcoin. The funds were …
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In a significant move demonstrating strong conviction in digital assets, BitMine Immersion Technologies, a company known for its Bitcoin mining operations, has …
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Finance
BlackRock’s $2.9B Tokenized Treasury Fund Now Accepted as Collateral on Crypto.com, Deribit
by shayaanby shayaanThe largest tokenized U.S. Treasury fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), can now be used as collateral on two …
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Scams
Treasury Secretary Bessent Says Stablecoins Can Bolster US Dollar ‘Supremacy’
by shayaanby shayaanIn brief Treasury Secretary Scott Bessent said stablecoins could strengthen dollar dominance and urged swift passage of federal crypto legislation. His comments …