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The company has earmarked the funds for expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S. clients can access. Source
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The Asian gaming giant pitched a 12-month plan to shareholders focused on accumulating Bitcoin, Ethereum, and other cryptocurrencies amid growing bullish sentiment in digital asset markets. Hong Kong e-gaming company Boyaa is lining up a move that would translate into tens of millions of dollars injected into cryptocurrencies. The company’s board
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Fnality, a fintech firm building tokenized versions of major currencies collateralized by cash held at central banks, has raised $95 million in Series B funding led by Goldman Sachs and BNP Paribas. DTCC, Euroclear, Nomura and WisdomTree participated in the round, which also saw further commitment from a number of
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Foresight Ventures sees the acquisition as an opportunity to establish a significant foothold in the US and contribute to The Block’s growth amidst challenges in the crypto media industry. Singapore-based Foresight Ventures has completed the acquisition of a majority stake in The Block, a prominent crypto news and data provider. The
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Global investment bank Goldman Sachs and French universal bank BNP Paribas have reportedly led a new funding round for Fnality, a blockchain-based wholesale payments firm backed by Nomura Group.Fnality has raised 77.7 million British pounds ($95.09 million) in a second round of funding, Reuters reported on Nov. 13. In addition
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Major stablecoin issuer Tether has been increasingly minting new USDT (USDT) tokens, issuing 4 billion USDT over the past month.Tether issued another 1 billion of Tether on the Tron blockchain on Nov. 10, the blockchain data provider Whale Alert reported. The latest USDT minting came just a few days after
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An anonymous group of hackers claims to have stolen personal information for about 300,000 customers of the Bitcoin (BTC) ATM company called Coin Cloud, the pseudonymous cybersecurity account Vx-underground posted on X (formerly Twitter).An unknown Threat Actor(s) claim to have compromised Coin Cloud. They allege to have exfiltrated 70,000 customer
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Blockchain company Bitdeer has become a cloud service provider in the NVIDIA partner network. Bitcoin cloud mining services company Bitdeer Technologies Group has entered into a partnership agreement with NVIDIA to double down on supercomputing resources. In a press release on Nov. 9, Bitdeer said it had become a cloud service provider
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SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in the United Arab Emirates (UAE) and focus on firms in market infrastructure, risk and compliance, decentralized finance (DeFi) and tokenization, according to a Thursday email. Original Source
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Linekong Interactive, a gaming and film production company headquartered in Beijing and listed on the Stock Exchange of Hong Kong (HKEX), is allocating $15 million to invest in projects building on the Bitcoin network.Wang Fang, the founder of Linekong, said in a Nov. 8 tweet that the fund, dubbed “BTC Next,” will be
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