Japanese public company Convano Inc. continues its aggressive Bitcoin accumulation strategy. It acquired an additional 85.8 BTC, bringing its total holdings to 605.75 BTC. The purchases underscore the company’s strategic pivot from its traditional business operations into cryptocurrency. This positions Convano as one of Japan’s most significant corporate Bitcoin holders. JUST IN: Japanese public company
Tokyo-based startup Digital Securities Inc. has launched “renga,” a blockchain-based security token platform allowing individual investors to buy fractional stakes in large real estate assets. The service opens September 30 with its first fund and enables direct investor-to-investor trading—an unprecedented feature in Japan’s regulated securities market. Fractional Real Estate Investments Accessible to Retail Investors Digital
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the United States (US) Bureau of Labor Statistics (BLS). The publication will provide data about the change in the number of Job Openings in August, alongside the number of layoffs and quits. Markets expect Job Openings in August to decline slightly
Alameda Research is sitting on over $1B in crypto assets, even after the latest repayment to creditors. The fund’s wallets received another 500 BTC valued at over $58M. Alameda Research, the defunct quant and hedge firm linked to FTX, received another 500 BTC in one of its main wallets. Following the latest inflow, and with
Story Highlights Bitwise CIO says Tether could become the most profitable company in history, potentially surpassing Saudi Aramco. USDT adoption exceeds 400 million users, with Tether holding massive U.S. Treasury and Bitcoin reserves. Tether’s growth highlights crypto’s potential in trillion-dollar markets and the need for diversified investment strategies. Tether’s rapid growth is putting it on
KGeN, the protocol building a Verified Distribution Network for AI, DeFi, gaming, and consumer applications, has raised $13.5 million in a new strategic funding round. In a statement to BeInCrypto, the firm said the raise, backed by Jump Crypto, Accel, and Prosus Ventures, brings KGeN’s total funding to $43.5 million. KGeN Fuels Global Expansion with
Universitas Gadjah Mada (UGM), one of Indonesia’s oldest and largest public research universities, announced Tuesday that it will begin storing student course records on-chain by adopting Space and Time, a decentralized database platform. Students who complete courses will have their records written directly to the Space and Time network, creating an immutable credential they can
Chainlink said it developed a technical process allowing banks to interact with tokenized investment funds through Swift, the interbank messaging system that underpins much of traditional finance. In a pilot with UBS, Chainlink’s Runtime Environment (CRE) processed subscriptions and redemptions for a tokenized fund using ISO 20022 messages, the international standard for financial messaging used
YoungHoon Kim, known as the man with the highest IQ in the world, has made his prediction about the future of Bitcoin. He believes Bitcoin will grow by as much as 100-fold over the next decade and become a global reserve asset. These words have sparked intense excitement in the cryptocurrency world. While the predictions
Ash Crypto stated Fidelity made a significant crypto purchase, investing nearly $300 M in Bitcoin and over $200 M in Ethereum. That’s a clear indication that institutional players are getting a lot more comfortable with digital assets. Traditional finance firms have been skeptical about crypto for years, but this kind of capital commitment? So, it’s