UAE Firm Buys $100M in WLFI Token Backed by Trump-Linked Crypto Venture
A UAE-based firm, Aqua1 Foundation, has purchased $100 million in WLFI tokens, becoming the largest holder. The investment aims to advance real-world asset tokenization and stablecoin adoption, amid political scrutiny over Trump family ties to the project.
Invesco, Galaxy join Solana ETF rush — 9 issuers now competing for SEC approval!
Invesco and Galaxy Digital filed for a Solana ETF, joining eight other issuers. The SEC may approve by July, with staking provisions included. SOL’s price remains bearish despite optimism.
Coinbase US Perpetuals Are Arriving Next Month as Stock Soars to New Heights – Decrypt
Coinbase will launch US-regulated Bitcoin and Ether perpetual futures on July 21, offering a domestic alternative to offshore derivatives. The announcement drove Coinbase shares to a record high of $375.07.
Hong Kong Doubles Down on Crypto: Tokenized Assets and Licensing Surge Ahead
Hong Kong’s new crypto policy, ‘Policy Statement 2.0,’ enhances regulatory clarity and promotes tokenization of real-world assets. It introduces the LEAP framework for licensing, education, and protection, aiming to solidify Hong Kong as a crypto hub.
Bakkt Files to Sell Up to $1 Billion in Securities For Potential Bitcoin Play – Decrypt
Bakkt Holdings filed with the SEC to sell up to $1 billion in securities, potentially for Bitcoin acquisitions. The move aligns with corporate treasury trends and explores global expansion, particularly in Asia’s regulated crypto markets.
Bakkt Holdings files $1B shelf offering that could fuel Bitcoin buys
Bakkt Holdings files for a $1B shelf offering to potentially fund Bitcoin purchases, despite ongoing losses and going concern issues. The firm updated its investment policy to include digital assets.
Crypto Oversight Must Improve, Global Watchdog Says
The Financial Action Task Force urges governments to enhance crypto regulation enforcement, citing gaps in anti-money laundering standards and rising stablecoin misuse by illicit actors.
Why Did Judge Deny Ripple and SEC Motion in XRP Case? Lawyer Offers 2 Reasons – Legal Bitcoin News
A legal expert analyzes why a judge denied Ripple and SEC’s joint motion in the XRP case, sparking speculation and urgency in the crypto community.
Bitwise Dogecoin, Aptos ETF Filing Updates Suggest Path to Approvals: Analyst – Decrypt
Bitwise’s updated Dogecoin and Aptos ETF filings indicate progress, with analyst Eric Balchunas predicting approval within 2-4 months due to improved SEC engagement and in-kind creation features.
Bakkt Files for $1 Billion Shelf Offering, May Allocate to Bitcoin – Crypto News Bitcoin News
Bakkt Holdings filed a $1 billion mixed securities shelf offering with the SEC, potentially allocating funds for bitcoin acquisitions as part of its updated investment strategy.
