Category: The Ledger Edge
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Prediction Market Kalshi Notches $2 Billion Valuation With $185 Million Raise – Decrypt
Prediction market Kalshi raised $185 million at a $2 billion valuation in a Series C round led by Paradigm, signaling strong growth in crypto-focused prediction markets.
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Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy
Bit Digital exits Bitcoin mining to focus entirely on Ethereum staking, converting BTC holdings to ETH and selling mining assets to reinvest in its ETH strategy.
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Consumer FinTech SoFi is Getting Back Into Crypto
SoFi announces plans to reintroduce crypto trading and launch blockchain-based international remittances using stablecoins, aiming for faster, cheaper transactions than traditional methods.
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SharpLink Gaming Doubles Down on ETH with $30.6M Buy, Becomes World’s Largest Public Holder
SharpLink Gaming becomes the world’s largest public Ethereum holder after purchasing $30.6M worth of ETH, totaling 188,478 ETH valued at $457M, while earning staking rewards.
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SoFi Is Getting Back Into Crypto, Starting With Bitcoin and Ethereum – Decrypt
SoFi is reintroducing Bitcoin and Ethereum trading, along with future plans for stablecoins, crypto staking, and loans. The move follows regulatory clarity and aligns with its digital financial services strategy.
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Lumia and Avail team up for secure, scalable real-world asset tokenization
Lumia partners with Avail Stack to enhance cross-chain tokenization of real-world assets, leveraging modular infrastructure for secure, scalable asset transfers and liquidity across blockchain networks.
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Bitfinex launches groundbreaking equity tokens worth $143 million
Bitfinex Securities launches two tokenized equity offerings, TITAN1 and TITAN2, worth $143 million. TITAN1 focuses on UK credit union debt, while TITAN2 targets litigation financing in the UK motor finance industry.
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Mastercard & Chainlink Join Forces, 3B+ Can Spend Crypto Directly
Mastercard partners with Chainlink to enable 3B+ cardholders to buy crypto directly on-chain via DEXs, eliminating intermediaries and simplifying fiat-to-crypto conversions.
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Private Permissioned XRPL Infrastructure Records Tokenized Asset Settlement for Euros News ETHNews
ECB trialed XRP Ledger in a private network for tokenized bond settlement. Axiology’s system used XRP code for bond operations without public validators. XRP price shows modest recovery at $2.20.
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The $1,150 trademark that could change crypto: What’s hiding in JPMorgan’s JPMD filing?
JPMorgan’s JPMD trademark filing hints at potential digital currency plans, including stablecoins and deposit tokens, signaling the bank’s crypto ambitions under the GENIUS Act.
