Tether Makes Surprise $89M Move into Gold Royalties to Diversify Beyond Crypto
TL;DR Tether acquired 31.9% of Elemental Altus Royalties for $89.2 million, raising its total stake in the Canadian firm to 33.7%. It also secured an agreement
investment (Latest Publications)
Ark Invest Acquires $373M in Circle Stock Following Strong NYSE Debut
TL;DR Ark Invest put $373.4 million into Circle shares after its stock market debut, which closed with a nearly 200% surge on its first day. To
JPMorgan Will Accept Crypto-Linked Assets Like Bitcoin ETFs as Loan Collateral
TL;DR JPMorgan will allow its clients to use crypto ETFs as collateral for loans, starting with BlackRock’s iShares Bitcoin Trust. The bank will include crypto holdings
Is it a Good Idea to add Bitcoin To Your 401(k) Retirement Plan? Risks and Benefits
TL;DR Since 2022, some retirement plan providers have allowed Bitcoin in 401(k)s, though with tight limits and no official endorsement. Its historical returns and tax advantages
Cantor Fitzgerald Launches $2 Billion Bitcoin Loan Program for Crypto Firms
TL;DR Cantor Fitzgerald launched its Bitcoin-backed lending unit and granted its first financings to FalconX and Maple Finance. FalconX plans to draw over $100 million from
YZi Labs Invests in Avalon Labs to Boost Bitcoin On-Chain Finance
TL;DR YZi Labs announced a strategic investment in Avalon Labs to boost Bitcoin-backed on-chain financial services. Avalon Labs manages over 20,000 BTC and offers stablecoins, loans,
Interest-Bearing Stablecoins Are Exploding in Popularity: The End of USDT and USDC?
TL;DR Interest-bearing stablecoins already make up over 6% of the market and could capture half if they overcome regulatory hurdles. Tether and Circle earned $13B and
Ledn Transitions to Custodied Bitcoin Loan Model, Phases Out Yield Lending
TL;DR Ledn will stop offering ETH-backed loans and crypto yield accounts, shifting its entire operation to Bitcoin-backed loans starting in July. The company will eliminate any
Theta Capital Just Raised $175M to Supercharge the Next Generation of Crypto Startups
TL;DR Theta Capital raised $175M to back specialized crypto VC firms, fueling early-stage blockchain startups with proven track records. The fund leverages deep industry expertise, built
BounceBit’s Hybrid Finance Model Delivers Double-Digit Yield With BUIDL Collateral
TL;DR BounceBit closed a bitcoin derivatives trading operation using BUIDL as collateral, achieving an annualized return of over 24%. The strategy combined a basis trade, put
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