Deals

Crypto funding soars past .5 billion in June with Circle IPO boost

Crypto funding soars past $1.5 billion in June with Circle IPO boost

Venture capital activity in the crypto space has seen a significant rebound this month, with total investments crossing $1.5 billion by June 20, according to DeFiLlama data. This marks the strongest monthly performance since March 2025 and signals growing confidence in blockchain startups after a quieter second quarter. The raised funds are more than double […]

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Trump earned over  million from crypto ventures in 2024

Trump earned over $58 million from crypto ventures in 2024

U.S. President Donald Trump, who ventured into crypto during his presidential campaign last year, earned over $58 million from crypto ventures in 2024. Trump’s mandatory 2025 financial disclosure report filed on Friday detailed his earnings from all businesses between Jan. 1 and Dec. 31, 2024. In the filing, Trump reported employment-related assets worth a minimum

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SEC greenlights Trump Media’s .3B Bitcoin Treasury deal

SEC greenlights Trump Media’s $2.3B Bitcoin Treasury deal

The U.S. Securities and Exchange Commission (SEC) greenlighted the registration statement filed by Trump Media and Technology Group for its $2.3 billion Bitcoin (BTC) Treasury deal on June 13, an SEC filing shows. Trump Media, the company behind Truth Social, is a public company that U.S. President Donald Trump’s family significantly controls. The SEC “declared effective” Trump

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Anthony Pompliano planning 0 million Bitcoin-focused investment firm via SPAC

Anthony Pompliano planning $750 million Bitcoin-focused investment firm via SPAC

Morgan Creek Digital Assets co-founder and crypto influencer Anthony Pompliano is preparing to launch a new Bitcoin-focused investment vehicle that aims to raise $750 million through a merger with Columbus Circle Capital 1, the Financial Times reported on June 13, citing people familiar with the matter. The new entity, called ProCapBTC, will reportedly secure $500

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Spanish coffee chain Vanadi seeks financial jolt with €1 billion Bitcoin gamble

Spanish coffee chain Vanadi seeks financial jolt with €1 billion Bitcoin gamble

Spanish coffee chain Vanadi Coffee is planning a bold shift as it seeks to transform from a struggling hospitality brand into a Bitcoin-centric holding firm. According to a report by Europa Press, the company is proposing a €1 billion (around $1.13 billion) allocation into Bitcoin as part of a broader financial overhaul. The announcement has

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Brad Garlinghouse denies Ripple’s reported  billion bid to acquire Circle

Brad Garlinghouse denies Ripple’s reported $5 billion bid to acquire Circle

Ripple CEO Brad Garlinghouse said the company never tried to buy Circle, countering reports of a multibillion-dollar takeover bid. Georgetown Law professor Chris Brummer said Garlinghouse told him during an on-stage interview at a private event in Las Vegas on June 1 that Ripple “never pursued an acquisition of Circle” and the topic was not

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Musk says no deal signed with Telegram despite Grok integration announcement

Musk says no deal signed with Telegram despite Grok integration announcement

Elon Musk stated on May 28 that xAI had not signed an agreement with Telegram to distribute the Grok large language model, despite Telegram founder Pavel Duvov’s announcement earlier on the same day. Durov wrote that he and Musk “agreed to a one-year partnership” that would place Grok inside all Telegram applications and give the

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Trump Media’s bold .5 billion Bitcoin bet shakes market

Trump Media’s bold $2.5 billion Bitcoin bet shakes market

Trump Media & Technology Group (TMTG), a company backed by US President Donald Trump, has announced plans to raise $2.5 billion through a mix of stock and convertible note offerings to purchase Bitcoin, according to a May 27 statement. This planned purchase would help the firm reach the top 10 corporate Bitcoin holders globally. Strategy (formerly

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Strategy seeks to raise .1 billion from STRF stock offering to bolster its Bitcoin holdings

Strategy seeks to raise $2.1 billion from STRF stock offering to bolster its Bitcoin holdings

Strategy (formerly MicroStrategy) has unveiled plans to raise $2.1 billion via sales of its Series A Perpetual Strife Preferred Stock (STRF). According to the May 22 statement, the stock will be issued under an at-the-market (ATM) program. This structure allows Strategy to sell shares gradually, based on favorable market conditions like trading volume and price.

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OpenAI ventures into hardware with .4B deal for legendary designer Jony Ive’s startup io

OpenAI ventures into hardware with $6.4B deal for legendary designer Jony Ive’s startup io

OpenAI announced on May 21 that it will acquire Jony Ive’s artificial intelligence hardware startup io in an all-equity transaction valued at approximately $6.4 billion, according to a report by CNBC. The acquisition, OpenAI’s largest to date, marks a decisive step into hardware for the company best known for its generative AI models. The deal

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