BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO
BlackRock plans to acquire 10% of Circle’s IPO shares, deepening their partnership. Circle aims to raise $624 million, with strong institutional interest. USDC, Circle’s stablecoin, has a $61.3B market cap.
Bitcoin Treasury List Grows With Entry of Crypto Brokerage K33 – Decrypt
Norwegian crypto brokerage K33 has agreed to buy $6.2 million in Bitcoin, joining the growing trend of companies adopting Bitcoin treasury strategies to strengthen their balance sheets.
Report: Blackrock Eyes 10% Stake in Circle’s IPO – News Bytes Bitcoin News
Blackrock plans to acquire a 10% stake in Circle’s upcoming IPO, positioning the asset manager at the intersection of Wall Street and digital assets.
Conduit raises $36M for stablecoin, fiat cross-border payment network
Conduit raised $36M in Series A funding to scale its cross-border payment network combining stablecoins and fiat, offering an alternative to SWIFT with faster settlements and lower fees.
ZKsync Introduces Private Blockchain Platform Prividium – “The Defiant”
ZKsync launches Prividium, a private blockchain for financial institutions, offering permissioned, compliant solutions with high TPS and low fees, secured by Ethereum.
Former Chainlink, Two Sigma execs build ‘Moirai’ to uncover crypto gems
Metalayer Ventures, led by ex-Chainlink and Two Sigma executives, launched a $25M fund focusing on stablecoins, tokenization, and crypto infrastructure, backing seven early-stage projects.
GameStop propels into top 15 Bitcoin holders, with 4,710 BTC purchase
GameStop purchased 4,710 Bitcoin, becoming a top 15 corporate holder. The move aligns with its March plan to diversify assets. The crypto community urges further Bitcoin integration like running a node.
TON Foundation Names Nikola Plecas VP of Payments to Scale Strategy for Telegram’s 1B+ Users – “The Defiant”
TON Foundation appoints ex-Visa executive Nikola Plecas as VP of Payments to scale crypto payment solutions for Telegram’s 1B+ users, strengthening TON’s Web3 payments strategy.
Gambling Company’s Ethereum Gamble Pays Off With 400% Stock Surge – Brave New Coin
Sharplink Gaming, a Nasdaq-listed gambling firm, adopted Ethereum as its treasury asset, raising $425M in a PIPE deal led by ConsenSys. Its stock surged 400% following the announcement.
AMINA Bank hits $40M revenue in 2024 as crypto AUM doubles
AMINA Bank reported $40.4M revenue in 2024, a 69% increase, with AUM doubling to $4.2B. Growth driven by institutional demand, 24/7 trading, and zero loan defaults over five years.
