Business

Struggling Japanese AI Firm Turns to Bitcoin via Hong Kong Subsidiary

Struggling Japanese AI Firm Turns to Bitcoin via Hong Kong Subsidiary

In brief The AI firm aims to acquire up to 3,000 BTC over 12 months despite thin reserves. Its latest earnings flagged “significant doubt” about continued operations. Analysts told Decrypt such moves may be more to reframe perception than fix fundamentals. Tokyo-listed AI firm Quantum Solutions is preparing to buy up to millions in Bitcoin […]

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SharpLink Nabs BlackRock Exec Who Helped Launch Bitcoin, Ethereum ETFs

SharpLink Nabs BlackRock Exec Who Helped Launch Bitcoin, Ethereum ETFs

In brief BlackRock’s former head of digital assets strategy, Joseph Chalom, is joining SharpLink Gaming as co-CEO. Chalom helped launch BlackRock’s Bitcoin and Ethereum ETFs. Shares of SBET have dropped over 6% on the day. A former digital assets executive at BlackRock, Joseph Chalom, has joined publicly traded Ethereum treasury company SharpLink Gaming as co-CEO,

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Hong Kong’s OSL Raises 0M to Bring ‘Trusted Access’ to Crypto Ahead of Stablecoin Law Rollout

Hong Kong’s OSL Raises $300M to Bring ‘Trusted Access’ to Crypto Ahead of Stablecoin Law Rollout

In brief OSL Group is raising HK$2.36 billion (US$300 million) through new share issuance. About $90 million is earmarked for stablecoin and payment infrastructure. Observers say the move positions OSL to capitalize on early demand for compliant stablecoin rails in Asia. OSL Group, Hong Kong’s first licensed digital asset exchange, said Friday it will raise

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Christie’s launches new unit for real estate deals paid fully in crypto

Christie’s launches new unit for real estate deals paid fully in crypto

Key Takeaways Christie’s becomes the first major brokerage to launch a division dedicated to real estate transactions in crypto. Christie’s move aligns with advancing Trump-backed crypto legislation and growing institutional adoption in real estate finance. Share this article Christie’s International Real Estate has launched a crypto-focused division, becoming the first major US brokerage to create

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Ethereum Treasury Firm Buys M CryptoPunk—And Is Borrowing Stablecoins Against It

Ethereum Treasury Firm Buys $5M CryptoPunk—And Is Borrowing Stablecoins Against It

In brief GameSquare borrowed stablecoins against a recently acquired CryptoPunk. The rare CryptoPunks NFT was purchased from Compound founder Robert Leshner for $5.15 million worth of preferred shares. GameSquare owned 12,900 ETH, as of Thursday worth $48 million. GameSquare, a digital media company with an Ethereum treasury strategy, said Thursday that it acquired a rare

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Ethena to Bring .5 Billion USDtb Stablecoin to US with Anchorage Digital

Ethena to Bring $1.5 Billion USDtb Stablecoin to US with Anchorage Digital

In brief Ethena Labs plans to make its nearly $1.5 billion USDtb stablecoin available in the U.S. The firm is partnering with Anchorage Digital to issue USDtb stateside in the “near future.” Both crypto-native firms and traditional financial institutions are aiming to enter the stablecoin market following the passing earlier this month of stablecoin legislation

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PUMP holders sell at a loss as Pump.fun founder confirms airdrop won’t happen soon

PUMP holders sell at a loss as Pump.fun founder confirms airdrop won’t happen soon

Two wallets dumped 1.25B PUMP coins within 2 hours, incurring $1.19M loss. The move came after Pump.fun founder confirmed delays in the much-awaited airdrop. The alt exhibits bearishness amidst community restlessness, down 4% in the past day. Pump.fun’s meme token has failed to keep pace due to massive dumps from key investors. PUMP has plummeted

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Is PayPal’s New Fiat Platform a Stablecoin Killer?

Is PayPal’s New Fiat Platform a Stablecoin Killer?

In brief PayPal will launch a platform this fall linking domestic wallets like UPI and WeChat Pay to its global merchant network. The service mirrors stablecoin functionality but runs on traditional fiat rails, without blockchain infrastructure. It comes as PayPal continues to support and integrate its stablecoin, PYUSD, into its broader product suite. U.S. payments

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Now Litecoin? Pharmaceuticals Firm Closes Deal to Fund 0M LTC Treasury

Now Litecoin? Pharmaceuticals Firm Closes Deal to Fund $100M LTC Treasury

In brief MEI Pharma is establishing a litecoin treasury after closing a $100 million private placement. The pharmaceutical company is adding Litecoin Foundation founder Charlie Lee to its board of directors. Litecoin was trading at $113.35, down more than 4% over the past 24 hours. MEI Pharma, a publicly traded pharmaceutical company, closed a $100

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Agtech firm Nature’s Miracle launches M XRP treasury, eyes long-term yield generation via staking

Agtech firm Nature’s Miracle launches $20M XRP treasury, eyes long-term yield generation via staking

Key Takeaways Nature’s Miracle is establishing a $20 million Corporate XRP Treasury program after SEC approval. The company will use XRP for long-term reserves, staking, and participation in the Ripple ecosystem. Share this article Nature’s Miracle, which focuses on providing products and solutions for the controlled environment agriculture (CEA) industry in the US and Canada, announced Wednesday

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