Cryptocurrency Analysis and News Portal
304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there are 59 companies, a few countries, and exchange-traded funds (ETFs) with 1,499,493 bitcoin held in treasuries. Private and Public Companies, ETFs,
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The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around 40 times between January and September of 2021. According to data from DAO stats platform DeepDAO, the total AUM for DAO treasuries listed on the platform increased from around
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More and more businesses are including cryptocurrencies as part of their corporate treasuries. The trend that was started by large publicly traded companies in 2020 is rising.But as you’re about to find out, companies like BVNK are helping the middle market do the same thing – whether that be midsize
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The startup formerly known as Melonport is homing in on decentralized autonomous organizations (DAOs) for its latest act.Avantgarde Finance has raised $5.5 million in a Series A funding round that was led by Blockchange Ventures. Investments also came from Acrew Ventures, Jump Capital and Placeholder VC, among others.“The funding is
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Coinbase president and COO, Emilie Choi, has announced that the reserves backing the stablecoin USD Coin (USDC) will be consolidated into cash and U.S. government treasuries.An Aug. 22 blog post from CENTRE Consortium, the entity that was collaboratively established by top U.S. crypto exchange Coinbase and blockchain financial services company
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Digital assets, in one form or another, are making their way into big business. The headline-grabbing version of this is straight-up BTC on the balance sheet, a renegade charge being led by MicroStrategy (MSYTR) CEO Michael Saylor, who is known for warning corporates that capital in fiat is being debased.Saylor’s MicroStrategy
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Three stories1. Mining firms are benefiting from the market rally. California’s $441 billion public pension fund increased its stake in bitcoin miner Riot Blockchain (RIOT) nearly sevenfold while Ethereum miners are cranking out record revenue.California Public Employees' Retirement System (CalPERS), the largest public pension in the U.S., held 113,034 shares
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Holding Bitcoin (BTC) in treasury will soon become a corporate standard. Wall Street firm MicroStrategy recently made headlines when it decided to allocate a large portion of its treasury to Bitcoin, buying over 21,000 BTC in August and almost 17,000 more in September, making its CEO, Michael Saylor, seem quite
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Decentralized autonomous organizations (DAOs) were heavily hit by October’s decentralized finance (DeFi) downtrend, with the total value of assets managed by DAO’s crashing by 40% from 30 days ago.According to data from DeepDAO, the combined assets under management (AUM) controlled by DAOs was more than $290 million as of early
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Convincing the U.S. Securities and Exchange Commission (SEC) that the Ethereum blockchain is an acceptable medium to store regulated investment funds was no easy task for Mason Borda of Tokensoft. The CEO of this Bay Area tokenization firm spent over two years crusading for a peer-to-peer tradeable fund. Borda developed compliance-appeasing
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