America’s ruling class is about to get cut off by the very system they helped build. Arthur Hayes, writing in his latest essay Buffalo Bill, says the rise of artificial intelligence, the decay of U.S. dollar supremacy, and the full deployment of stablecoins will erase the need for debt-ridden college grads chasing prestige jobs. According
Thailand just made a big move in digital finance by launching the world’s first tokenized government bonds, called G-Tokens. The Ministry of Finance has backed the initiative, and KuCoin Thailand is the first exchange officially handling listings, subscriptions, and redemptions. The initial issuance is worth 5 billion baht, roughly $150 million, and the bonds are
Metaplanet Inc. (3350) rose 5.7% on Wednesday after the Tokyo-based company said it plans to sell shares to foreign investors, provided updates on recent capital actions and said it will temporarily suspend warrant exercises. The company plans to issue up to 555 million new Tokyo-traded shares through an international offering, subject to shareholder approval at
Lunate, UAE based global alternative investment manager with $110 billion in assets under management (AUM), and Brevan Howard, one of the world’s most successful hedge fund managers with AUM of $34 billion, have formed a strategic long-term partnership to establish an investment platform to be domiciled in the Abu Dhabi Global Market (ADGM), subject to
The decline in Bitcoin, Ethereum and altcoins also affected US spot ETFs, which had experienced several consecutive days of increases. However, as investors see declines as opportunities, outflows in ETFs are giving way to inflows. At this point, US spot Bitcoin and Ethereum ETFs recorded net inflows on August 26. According to Farside Investors data,
Cryptocurrencies are becoming a core part of the economy in Venezuela as citizens turn to digital assets to shield themselves from a collapsing currency and tighter government controls. From small family stores to large retail chains, shops across the country now accept crypto through platforms such as Binance and Airtm. Some businesses even use stablecoins
The world of finance is constantly evolving, and a recent announcement from MyStonks highlights this dynamic shift. This decentralized tokenized stock platform has made waves by reporting an astounding 24-hour trading volume exceeding $200 million. This significant milestone underscores the growing adoption and potential of tokenized real-world assets, particularly U.S. stocks, in the digital realm.
Justin Sun invested $30 million in a Trump-backed crypto initiative, World Liberty Financial (WLF), signaling support for pro-crypto U.S. policies and potentially shifting market sentiment. This backing links political influence with crypto funding and may affect regulatory dynamics and investor confidence in U.S. digital-asset markets. Justin Sun invests $30 million in World Liberty Financial (WLF).
Carlyle Group Co-Chairman and Co-Founder David Rubenstein announced that he expects the Fed to cut interest rates by 25 basis points in September. Speaking on Bloomberg Surveillance, Rubenstein assessed President Donald Trump’s moves that have revived debates about the Fed’s independence and the markets’ reaction to them. Rubenstein stated that Trump’s attempt to remove Fed
Singapore-based cross-border payments firm Tazapay has secured new funding from Ripple and Circle Ventures, positioning itself as a key bridge between traditional finance and stablecoin-powered transactions. Summary Ripple and Circle invested in Singapore-based Tazapay’s Series B round. The cross-border payments platform processes $10B+ annually and is growing 300% YoY. Funds will accelerate licensing in the