Key Takeaways SegaSwap closed a $10 million seed round led by Sonic SVM and 10K Ventures. Funds will enhance liquidity, introduce new features, and support the launch of SegaSOL on Solana. SegaSwap, a decentralized automated market maker operating on Solana and Sonic SVM, has completed a seed round valuing the project at $10 million, led
The total number of crypto millionaires and billionaires has grown by 40% and 29% respectively over the course of the last year, according to the Crypto Wealth Report published by investment consultants Henley & Partners. Based on data ending on June 30, the report indicates there are approximately 241,700 crypto millionaires and 36 crypto billionaires
Key Takeaways Smart Digital Group is launching a cryptocurrency asset pool. The diversification strategy focuses on established cryptocurrencies like Bitcoin and Ethereum. Smart Digital Group today unveiled plans for a diversified cryptocurrency asset pool tied to Bitcoin and Ethereum, marking the company’s entry into institutional-grade digital asset management. The pool is designed to enhance portfolio
U.S. stocks remained near record highs on Tuesday but saw a largely muted opening as the previous session’s spike cooled amid gold’s surge to a new all-time high. Summary Dow Jones Industrial Average opened higher, but stocks were largely muted in early trading Tuesday. Gold surged to new highs above $3,800, with investor sentiment upbeat
The Fed cut interest rates by 25 basis points last week, in line with expectations. Expectations for a further rate cut are diminishing due to inflation concerns. While FED members have different opinions on interest rate cuts, two FED members made warm statements. Accordingly, Fed Vice Chair for Supervision Michelle Bowman stated that it is
Zerohash secures $104M in Series D, valuing the crypto startup at $1B. Interactive Brokers leads raise; Apollo and other strategic investors join. Zerohash expands crypto trading, stablecoins, and tokenization services. Crypto infrastructure startup Zerohash has secured $104 million in fresh funding, drawing support from some of the world’s most prominent financial institutions, including Morgan Stanley
Globally, there are now 241,700 people whose crypto holdings put them in the millionaire ranks, up 40% in a year, as digital assets start to influence how the rich transfer funds or secure residency and citizenship. Henley & Partners’ Crypto Wealth Report 2025 estimates that, by June, the tally of Bitcoin millionaires rose 70% year
European record for ARK Invest: the assets managed in Europe with UCITS vehicles have surpassed one billion dollars, demonstrating a rare acceleration in thematic asset management. The announcement, recently made in London and confirmed by ARK Invest Europe, follows the jump from 446 million dollars recorded at the beginning of the year and has been
Key Takeaways Gold hit a new record high of $3,800 per ounce in 2025 amid economic uncertainty. Year-to-date, gold prices are up over 40%, consistently posting new highs. Gold reached a record high of $3,800 per ounce today, marking another milestone for the precious metal amid continued economic uncertainties and investor demand for safe-haven assets.
London-based blockchain payments company Fnality secured $136 million in a Series C funding round backed by some of the world’s largest financial institutions. Bank of America, Citi, KBC Group, Temasek, Tradeweb and WisdomTree led the round, joined by returning investors including Goldman Sachs, Santander, Barclays and UBS, according to a Tuesday announcement by the company.