French banking giant Société Générale confirms launch of new stablecoin on Ethereum and Solana
Société Générale’s digital arm SG Forge launches USD CoinVertible (USDCV), a dollar stablecoin on Ethereum and Solana. BNY Mellon will custody reserves, with trading starting in July for non-US clients.
$340M Bitcoin Bet: The Blockchain Group Pushes Institutional Crypto Wave in Europe
Paris-based Blockchain Group aims to raise $340M via daily share sales to buy Bitcoin, partnering with TOBAM. They currently hold 1,471 BTC and plan to triple holdings if successful.
Soneium Launches Developer Incubator Program to Support Consumer and Gaming Apps – News Bytes Bitcoin News
Sony’s Soneium launches ‘Soneium For All’ developer incubator program to support blockchain developers in consumer and gaming apps, building on its existing ecosystem success.
Belgravia Hartford Capital Makes First Bitcoin Purchase in New Treasury Strategy – Crypto News Bitcoin News
Belgravia Hartford Capital, a Canadian investment firm, has made its first Bitcoin purchase as part of a new treasury strategy, signaling growing institutional interest in cryptocurrency.
Amazon doubles down on AI with $20B Pennsylvania investment
Amazon invests $20 billion in Pennsylvania to build AI data centers and training programs, aiming to bolster US leadership in AI amid a tech industry race for dominance.
Crypto platform Parataxis eyes public listing via SPAC merger
Parataxis Holdings, a Bitcoin investment platform, plans to go public via a $200M SPAC merger with SilverBox Corp IV, targeting institutional investors and expanding into underserved markets like South Korea.
Blockchain Alliance: Ripple And Japan’s Web3 Salon Spark Asia Innovation
Ripple partners with Japan’s Web3 Salon to fund blockchain startups, offering up to $200,000 per project and mentorship. The initiative focuses on DeFi, tokenization, and payments, with regulatory support from JETRO.
ETH Utility Shift: Real-World Finance Now Runs on Ethereum News ETHNews
Bernstein analysts highlight Ethereum’s shift from speculation to real-world financial utility, noting growth in stablecoins and corporate adoption, while maintaining a bullish Bitcoin outlook.
Ripple Backs XRP Ledger Startups in Japan With up to $200K per Project – Featured Bitcoin News
Ripple supports Japanese XRP Ledger startups with up to $200K per project, focusing on DeFi, tokenized assets, and digital payments to boost Web3 innovation.
Ripple News Today: Ripple Strengthens Asian Presence Through Japan’s Web3 Salon Deal – Brave New Coin
Ripple partners with Japan’s Web3 Salon to support startups on XRP Ledger, offering grants up to $200,000 per project to foster DeFi, tokenization, and digital payments innovation in Asia.
