MultiBank Group’s digital asset division partnered with Fireblocks to bring $10 billion in real estate on chain. Summary MultiBank.io launched a real estate tokenization platform Fireblocks will provide custody, Mavryk blockchain infrastructure Platform aims to tokenize $10B in real estate assets. Companies are increasingly competing to dominate real-world assets. On Wednesday, July 23, MultiBank.io, the
In his latest interview, US Treasury Secretary Scott Bessent shared his views on the new trade agreement with Japan, relations with China, and the Fed. Bessent announced details of the trade agreement with Japan. The agreement will implement a new 15% tariff on automobiles and will see Japan create an innovative financing mechanism to provide
Coinbase co-founder Fred Ehrsam, who launched a brain interface startup last year, announced on Tuesday that the new project, dubbed Nudge, has raised $100 million from two venture firms, Thrive Capital and Greenoaks Capital Partners. Several angel investors also participated in the Series A fundraise. Nudge launched its first product earlier this year, the Nudge
Key Takeaways JPMorgan disagrees with the US Treasury’s prediction that the stablecoin market will reach $2 trillion by 2028. USDT and USDC account for over 60% of the current stablecoin market, which JPMorgan expects to only double or triple in size. JPMorgan isn’t buying into the $2 trillion stablecoin hype. Despite growing political and institutional
Crypto hedge fund Asymmetric Financial is pivoting away from liquid trading strategies following sharp underperformance and public backlash from investors. In a post shared on X Wednesday, CEO Joe McCann acknowledged that the fund’s current approach “is no longer serving our LPs” and confirmed that Asymmetric will begin transitioning capital away from liquid trading into
US-based publicly traded pharmaceutical company MEI Pharma has raised $100 million in private equity capital, adopting a new corporate strategy focused on Litecoin (LTC). The company sold 29,239,767 shares at $3.42 per share, raising a total of approximately $100 million. Litecoin Foundation founder Charlie Lee led this private equity raise and was joined in the
Tesla Inc. (TSLA) announced its financial results for the second quarter of 2025. The company’s adjusted earnings per share (EPS) was 40 cents. This figure fell short of analysts’ expectations of 42 cents. Similarly, on the revenue front, Tesla’s quarterly revenue of $22.50 billion fell slightly short of the market expectation of $22.64 billion. The
Joe McCann is winding down Asymmetric’s Liquid Alpha Fund after the fund was accused of losing massive value this year and drew sharp criticism online. In a social media post, the crypto investor said that the strategy behind the Liquid Alpha Fund “clearly is no longer serving our LPs.” He said the fund had been
MEI Pharma, a publicly traded pharmaceutical company, closed a $100 million private placement on Wednesday to refashion itself into a litecoin treasury firm. MEI sold 29,239,767 shares of its common stock, raising roughly $100 million, Litecoin Foundation founder Charlie Lee told Decrypt. Under the agreement, the company sold its stock at $3.42 per share. Lee
Nature’s Miracle, a publicly traded company operating in vertical farming technologies, has announced the launch of an institutional XRP treasury program that could raise up to $20 million. With this strategic move, the company aims to use XRP for long-term reserves, staking returns, and participation in the Ripple ecosystem. Nature’s Miracle will make these XRP