Investments

Trump family-backed Bitcoin reserve company American BTC to go public this year

Trump family-backed Bitcoin reserve company American BTC to go public this year

American Bitcoin, a majority-owned subsidiary of Hut 8 and associated with the Trump family, is set to become a publicly traded entity through a merger with Gryphon Digital Mining. The stock-for-stock transaction will result in American Bitcoin taking over Gryphon’s public listing. The combined company is expected to trade on Nasdaq under the ticker “ABTC” […]

Trump family-backed Bitcoin reserve company American BTC to go public this year Read More »

Institutional investors contributed 2 million globally to surge in crypto investments last week

Institutional investors contributed $882 million globally to surge in crypto investments last week

Institutional appetite for digital assets is gaining momentum, with crypto investment products recording $882 million in inflows last week. According to new data from CoinShares, this marks the fourth straight week of positive flows. In 2025, digital asset investments have seen total inflows of $6.7 billion, which is rapidly approaching the $7.3 billion high set

Institutional investors contributed $882 million globally to surge in crypto investments last week Read More »

Coinbase agrees to acquire Deribit in landmark .9 billion deal

Coinbase agrees to acquire Deribit in landmark $2.9 billion deal

Coinbase has reportedly agreed to acquire crypto derivatives platform Deribit in a deal valued at approximately $2.9 billion. The agreement, which includes a mix of cash and Coinbase stock, would mark the largest acquisition in the company’s history. According to the Wall Street Journal, negotiations have reached the final stages following months of discussions. Coinbase aims

Coinbase agrees to acquire Deribit in landmark $2.9 billion deal Read More »

Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury

Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury

Strive Asset Management has agreed to merge with Asset Entities Inc., setting the stage for a bold transition into a Bitcoin-focused treasury company. According to a May 7 statement, the deal will see the combined firm operate under the Strive name and continue trading on NASDAQ. The firm said the move would create the first

Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury Read More »

Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025

Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025

Crypto venture capital (VC) firms are experiencing operational strain and consolidation, even as project-level fundraising gains momentum.  In the first quarter, crypto startups raised $5.85 billion, already accounting for nearly 61% of the capital raised throughout 2024, according to DefiLlama.  Varys Capital head of venture Tom Dunleavy shared that, despite this influx, fewer active funds

Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025 Read More »

New institutional DeFi platform Sentora launches through IntoTheBlock, Trident merger

New institutional DeFi platform Sentora launches through IntoTheBlock, Trident merger

Sentora, a new institutional DeFi platform, has officially launched following the merger of IntoTheBlock and Trident Digital. The combined entity debuts with $25 million in Series A funding, led by New Form Capital with participation from Tribe Capital, Ripple, and others. The initiative brings together more than $3 billion in prior institutional DeFi deployments under

New institutional DeFi platform Sentora launches through IntoTheBlock, Trident merger Read More »

FTX missed out on 0 million after selling Anysphere’s Cursor AI stake for just 0K

FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K

Bankrupt FTX has missed out on nearly half a billion dollars in potential profit after liquidating its early stake in Anysphere, the company behind the fast-rising AI code editor Cursor. The now-defunct crypto exchange, through its trading arm Alameda Research, had invested $200,000 in Anysphere during its 2022 seed round. However, bankruptcy managers sold the

FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K Read More »

Maldives bets .8 billion on blockchain to counter economic and debt challenges

Maldives bets $8.8 billion on blockchain to counter economic and debt challenges

The Maldives has finalized an $8.8 billion agreement to build a blockchain-first financial hub that reportedly eclipses the nation’s entire economy. The country aims to reposition itself as a global destination for digital assets. Per the Financial Times, Dubai-based MBS Global Investments will finance the Maldives International Financial Centre (MIFC) project. The government signed the

Maldives bets $8.8 billion on blockchain to counter economic and debt challenges Read More »

Crypto funding hits .9B in Q1 2025 with US firms leading the charge

Crypto funding hits $4.9B in Q1 2025 with US firms leading the charge

Crypto venture funding reached $4.9 billion in the first quarter of 2025, marking a strong comeback for the industry, according to a May 1 report by Galaxy. The total capital raised was 40% higher than the previous quarter and came from 446 deals, which also reflected a 7% growth during the period. This makes the

Crypto funding hits $4.9B in Q1 2025 with US firms leading the charge Read More »

European Bitcoin treasury company launches B Bitcoin strategy

European Bitcoin treasury company launches $20B Bitcoin strategy

European Bitcoin treasury company The Blockchain Group confirmed its return to profitability while unveiling aggressive plans to expand its Bitcoin reserves over the coming years. The Paris-listed firm, which formally rebranded itself as Europe’s first “Bitcoin Treasury Company ” in November 2024, recorded a net profit of €1.36 million for 2024, reversing a €22.7 million

European Bitcoin treasury company launches $20B Bitcoin strategy Read More »