Justin Sun’s Tron Group Prepares for Public Listing in the U.S.
Justin Sun’s Tron Group plans a U.S. public listing via reverse merger with SRM Entertainment, rebranding as Tron Inc. Eric Trump will join, signaling stronger Trump ties and political alignment.
Purpose Investments to launch XRP ETF on June 18
Purpose Investments is launching a spot XRP ETF on the Toronto Stock Exchange on June 18, offering investors direct exposure to XRP through CAD-hedged, non-hedged, and USD units.
Canadian Company Universal Digital Launches Bitcoin Treasury Strategy
Universal Digital Inc. launches a Bitcoin Treasury Strategy, divesting altcoins to accumulate BTC, aiming to enhance balance sheet strength and expand the model in Asia with institutional partners.
Smarter Web Company Raises £29.3M To Grow Bitcoin Holdings
UK-based Smarter Web Company raised £29.3M to expand its Bitcoin holdings, now totaling 242.34 BTC. The funding round involved institutional investors and new share issuance at £1.80 per share.
Universal Digital Inc. Announces Bitcoin Treasury Strategy Across North America And Asia
Universal Digital Inc. launches a Bitcoin Treasury Strategy, divesting altcoins for Bitcoin accumulation. Partners with Japan’s GFA Co. to promote Bitcoin adoption in Asian markets.
Nasdaq-listed firm to build $210M TRX treasury, rebrand to Tron Inc
Nasdaq-listed SRM Entertainment plans a $210M Tron treasury, rebrands to Tron Inc., with Justin Sun as adviser. The firm will implement TRX staking and dividends amid regulatory developments.
Rethinking Sweden’s cashless society: An offline e-cash option is needed
Sweden reconsiders its cashless society due to vulnerabilities exposed by potential cyberwarfare, with calls for offline e-cash solutions to ensure economic resilience during crises.
Cointelegraph goes onchain: CTDG initiative to secure Web3 with live validators
Cointelegraph launches CTDG initiative to secure Web3 with live validators on major blockchains, combining validator nodes, public education, and network monitoring.
Investors price Metaplanet’s 10k Bitcoin holdings at $759k each as stock hits ¥1 trillion
Japanese firm Metaplanet has acquired 10,000 Bitcoin, doubling its holdings in six months. It plans further purchases, with investor sentiment driving its stock up 10,000% since adopting Bitcoin.
Amazon to invest $13B in Australian AI data center infrastructure
Amazon announces a $13 billion investment in Australia’s AI and cloud infrastructure by 2029, including data centers and renewable energy projects, to boost economic growth and AI capabilities.
