Key Takeaways DeFi Development Corp. authorized a $100 million share repurchase program. The buyback may be funded by capital raised through convertible notes. DeFi Development Corp., a firm focused on crypto asset acquisitions, today announced a $100 million share repurchase authorization. The company has been actively raising capital through convertible notes to acquire Solana and
Key Takeaways The SEC may conclude reviewing the final round of filings for spot crypto ETFs this week. New SEC listing rules approved in September enable faster launches of ETFs that directly hold crypto assets beyond just Bitcoin. The final wave of filings for spot crypto ETFs may wrap up this week as the SEC
The majority of Russians save some money every month, in case of unforeseen expenses, and cryptocurrency is now among the assets in the buffer. While bank deposits are still widespread, crypto wallets are also among the popular choices. And for a small minority that’s likely to grow, they are the preferred option to store liquid
Japan is cutting back on its ultra-long bond supply in October and December by ¥100 billion ($675 million) at each auction, trimming the amount offered to ¥250 billion from ¥350 billion, the Ministry of Finance announced after meeting with primary dealers on Wednesday. The decision affects bonds maturing between 15.5 and 39 years, which are
Stablecoin infrastructure startup Bastion has raised $14.6 million in a new funding round led by Coinbase Ventures, Fortune reports. Bastion builds white-label stablecoin systems that let companies issue digital dollars without writing code or applying for regulatory licenses. The round included participation from the venture arms of Sony and Samsung, as well as Andreessen Horowitz’s
The world of digital assets is constantly evolving, and for investors seeking diversified exposure, the landscape just got a whole lot more interesting. Valour, a prominent player in the cryptocurrency ETP space, has just announced a significant expansion that promises to reshape how many approach digital asset investments. This move introduces a suite of new
Newly formed digital asset management firm ReserveOne has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission as it moves forward with plans for a $1 billion Nasdaq listing. Summary ReserveOne has filed a confidential draft Form S-4 with the SEC for a proposed $1 billion Nasdaq listing. The filing is
EstateX has been appointed as the official tokenization partner of the Republic of Liberland. The partnership aims to create the world’s first fully tokenized national economy, covering real estate, stocks, bonds, and more Free Republic of Liberland has appointed EstateX as its official tokenization partner as the nation levels up in blockchain adoption. The microstate
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine the rising adoption process of stablecoins in Bolivia and how the government should embrace them for cross-border settlements. Latam Insights Encore: Bolivia’s Stablecoin Adoption Will Keep Growing – The
Key Takeaways NVIDIA director Mark A. Stevens sold 350,000 company shares at $176.39 each, totaling about $61.7 million. Stevens has sold over $400 million worth of NVIDIA stock in 2024. NVIDIA director Mark A. Stevens sold 350,000 shares at $176.39 each, according to an SEC filing disclosed today. The transaction, valued at approximately $61.7 million,