Animoca Brands, the Hong Kong-headquartered conglomerate with investments in gaming, metaverse infrastructure, and AI, has invested $1 million in Superior.Trade under its new Minds Investment Programme, which was created to fund startups building agentic applications using Minds as a core infrastructure layer, according to a Thursday statement. The investment comes from Animoca Brands and its
Anchorage Digital, the federally chartered crypto bank valued at $4.2 billion, has acquired a strategic stake in $SLX, the native token of Solstice Finance, a Solana-based protocol that provides institutional-grade yield infrastructure. The purchase came shortly after Solstice completed its token generation event. The investment puts Anchorage alongside more than 30 institutions already allocating capital
In today’s newsletter, Hassan Ahmed outlines the state of crypto, stablecoins and regulations in Asia, comparing growth to regions with clarity. Then, in “Ask an Expert,” Xin Yan, CEO of Sign, answers questions about crypto and stablecoin adoption in Asia. Crypto Adoption In Asia: What Advisors Need To Know The reality of crypto in Asia
Axios reported that U.S. and Iranian negotiators reached a draft 60-day memorandum of understanding to extend the ceasefire and begin talks around Iran’s nuclear program, though President Donald Trump has yet to approve the agreement. The report followed overnight U.S. airstrikes on an Iranian military site near the Strait of Hormuz, the critical energy shipping
Asset management giant Grayscale is the latest crypto firm to delay its plans to go public due to market conditions, according to a person with knowledge of the matter. The Stamford-based investment firm has paused its IPO preparations, and is unlikely to restart the process until the fourth quarter at the earliest, the person said,
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1961.44, down 3.1% (-62.25) since 4 p.m. ET on Wednesday. One of the 20 assets is trading higher. Leaders: XLM (+10.5%) and HBAR (-1.7%). Laggards: NEAR (-12.2%) and BCH
US stock index futures edged lower on Thursday as escalating tensions between the United States and Iran weighed on investor sentiment ahead of a closely watched inflation report that could influence interest rate expectations. Tehran targeted a US airbase after Washington launched fresh strikes, adding to geopolitical uncertainty. The move came hours after President Donald
Strategy (formerly MicroStrategy) told preferred shareholders that its so-called USD Reserve was their safety net. Half a year later, it drained most of it to retire zero-coupon debt that was costing the company nothing in interest. Indeed, in December, Michael Saylor’s Strategy said it established a $1.44 billion USD Reserve “to support the payment of
Thursday’s PCE report is now the main macro event for global markets. Core PCE is expected at 0.28% month-over-month and 3.3% year-over-year. On the other hand, Headline PCE estimates sit at 0.44% monthly and 3.8% annually, according to median forecasts shared by the Wall Street Journal’s Chief Economics Correspondent Nick Timiraos. If the numbers land
The global stock market is reacting to a tougher regulatory climate after China’s action against three of the country’s biggest online brokers. The country has imposed limits on unauthorized trading platforms abroad. It turns out that the new regulations are now hitting zones outside China. This move has disrupted retail investors who look for international