The $50 million a16z Crypto investment in Jito on Solana has been revealed
A16z Crypto, the investment arm of Andreessen Horowitz, has confirmed a strategic investment of $50 million. The capital is allocated to Jito, a leading liquid...
investment
$76.5M raised at premium; Mystery deepens over SharpLink’s ETH treasury
SharpLink Gaming (Nasdaq: SBET) announced a $76.5 million fundraising through a private placement. This move raises questions about the future of SharpLink’s ETH treasury. The...
Ripple’s acquisition of GTreasury for $1B targets the global corporate market
Ripple, the digital asset infrastructure company, announced its biggest move to date this Thursday. It involves Ripple’s acquisition of GTreasury, valued at one billion dollars....
Indonesia’s crypto industry could contribute $16.5 billion and create 1.2 million jobs
A recent report from the University of Indonesia’s Institute for Economic and Social Research (LPEM FEB UI) details the impressive potential of the crypto industry...
Cathie Wood’s ARK Invest Acquires 11.5% Stake in Solana Treasury Firm Solmate
ARK Invest, the renowned asset management firm led by Cathie Wood, has finalized a significant acquisition. The company has taken an 11.5% stake in Solmate...
China Renaissance Boosts BNB with a $600M Digital Asset Treasury Vehicle
Investment bank China Renaissance Holdings has initiated advanced talks to launch an ambitious financial project. The firm aims to raise $600 million for a new...
Smarter Web Company Buys Bitcoin and Strengthens Its Treasury with a Million-Dollar Investment
The UK-listed web services company, Smarter Web Company, has announced the acquisition of an additional 100 bitcoins, further solidifying its position in the digital asset...
South Korean Investors Bet $1.24 Billion on South Korean investment in cryptocurrency
During the recent Chuseok holiday, equivalent to Thanksgiving, South Korean investors channeled an impressive $1.24 billion into the U.S. market. This capital was primarily directed...
DDC Enterprise Raises $124 Million at a Premium to Boost Its New 10,000 Bitcoin Treasury
DDC Enterprise has officially announced securing $124 million in an equity financing round. This strategic operation is aimed at advancing its goal of building a...
DeFi Exploit Risk Persists Despite Security Advances, CoinDesk Indices Reports
An exhaustive analysisreveals that the DeFi exploit risk remains a significant concern for investors. Despite the sector’s maturation and the implementation of better security practices,...