TradFi

Webus International reveals 0M XRP treasury bid to power borderless payments

Webus International reveals $300M XRP treasury bid to power borderless payments

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Webus International revealed a plan on May 29 to raise up to $300 million through non-equity financing and deploy the capital into an XRP reserve that will support the company’s global chauffeur services payments network. The Chinese AI-powered mobility firm stated that it may utilize existing cash, commercial bank loans, shareholder guarantees, and institutional credit […]

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Bloomberg analyst foresees Meta as trailblazer in corporate Bitcoin integration

Bloomberg analyst foresees Meta as trailblazer in corporate Bitcoin integration

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Meta could be the first US corporation of its scale to place Bitcoin (BTC) on its balance sheet, according to Bloomberg senior ETF analyst Eric Balchunas. In a May 28 post on X, Balchunas argued that a move by a “Big Boy” company would validate corporate treasury adoption of the asset. He added that “it

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Top Win unveils strategic investments in Asian Bitcoin sector following Sora merger

Top Win unveils strategic investments in Asian Bitcoin sector following Sora merger

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Top Win International Limited, now trading under the Nasdaq ticker SORA, announced two major strategic investments this week as it accelerates its pivot into Asia’s fast-growing digital assets market. The moves follow the company’s recent ticker change and come ahead of a pending rebrand to AsiaStrategy, as part of its merger with Sora Ventures, a

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International EV battery company to create 1M XRP treasury, adds former Ripple to board as chairman

International EV battery company to create $121M XRP treasury, adds former Ripple to board as chairman

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VivoPower International announced on May 28 that it had agreed with investors for a $121 million private capital raise to fund the company’s transition into an XRP-focused treasury platform. The company focuses on electric batteries, vehicles, and solar power solutions. Its subsidiary, Tembo, produces electric vehicles focused on “ruggedised electric mobility” for the mining and

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BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO

BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO

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BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28. People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering.  Orders for the offering have reportedly exceeded 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

Leave a Comment / Adoption, Bitcoin, crypto, Deals, Donald Trump, Featured, Investments, TradFi, Trump Media /

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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Tether invests billion profit into US companies while holding 0 billion in US debt

Tether invests $5 billion profit into US companies while holding $120 billion in US debt

Leave a Comment / Adoption, Bitcoin, Featured, Investments, Stablecoins, Tether, TradFi, US, USDT /

Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging

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JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance

JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance

Leave a Comment / Adoption, jpmorgan, Stablecoins, Technology, Tether, TradFi, USDC /

Some of the largest banks in the United States, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, are reportedly working on a joint stablecoin initiative, the Wall Street Journal reported May 23. Sam Kazemian, founder of Frax Finance, confirmed the development, signaling that the conversations between major banks might have advanced beyond speculation.

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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

Leave a Comment / Adoption, Bitcoin, crypto, Deals, Featured, Investments, MicroStrategy, MSTR, Strategy, STRF, TradFi, Trading /

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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Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs

Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs

Leave a Comment / crypto, Featured, Regulation, RWA, TradFi /

Robinhood has submitted a detailed proposal to the US Securities and Exchange Commission (SEC), calling for the creation of a federal framework to regulate tokenized real-world assets (RWAs), which represent a potential $30 trillion market, Forbes reported on May 20. The 42-page filing outlines a legal infrastructure that would allow digital tokens representing traditional financial

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