Japanese $BTC treasury company Metaplanet has disclosed a deal that will put a man Bloomberg describes as “Tokyo’s King of Death Spiral Financing” on both sides of the takeover. Metaplanet wants to take control of Nasdaq gaming company Super League Enterprise in a $135 million deal. Once the takeover is complete, Evo Fund, a Cayman
The larger limit applies to liquidity-support buybacks in the 10- to 20-year and 20- to 30-year Treasury sectors. The new U.S. Treasury ruleset takes effect Sept. 9 and continues through the current refunding quarter, which ends Nov. 4. The Treasury disclosed that the change reflects consistently strong participation in the longer-dated operations. Market participants have
In terms of total value, tokenized stocks is among the fastest growing categories within the RWA space. Year to date, the total value of tokenized stocks has gone from $683.6 million to $2.399 billion or a roughly 250% growth, according to RWA.xyz. This makes tokenized stocks the second-fastest-growing category among RWAs, just behind Venture capital,
AsiaStrategy agreed to sell all the shares of a Singapore holding company whose sole asset is a 7.07% stake in Thailand-listed Astra Enterprise, transferring the exposure to two insider-linked buyers for $10 million while leaving $8 million unpaid for up to a year. The Nasdaq-listed company signed two share purchase agreements on Aug. 15, and
The Federal Reserve has released the minutes of its Federal Open Market Committee (FOMC) meeting, which was eagerly awaited by the markets. The minutes revealed that a majority of Fed officials supported maintaining the current interest rate level, but that the option of keeping rates high for longer, or even raising them again, remains on
FalconX and Ethena have set up a $1 billion secured lending facility that will put assets backing Ethena’s $USDe to work in institutional credit, expanding the synthetic dollar protocol beyond crypto-native trades. The facility will finance overcollateralized loans originated by digital-asset prime broker FalconX for uses including trading strategies, corporate treasury management and payments, according
Tokenized equities are gaining traction as investors increasingly trade stocks outside the limits of traditional market hours. Against this backdrop, trading volume increased from $1 billion in January to $3.6 billion in May before later reaching $9 billion in July. This acceleration correlates with the growing number of trades occurring outside of traditional market hours.
All eyes are now on today’s minutes from the Federal Open Market Committee’s July 28-29 meeting. The minutes are expected to give markets a closer look at the Fed’s 9-3 decision to keep interest rates at 3.5%-3.75% and show how strongly officials disagreed over the next move. What Makes the July FOMC Minutes Important? The
Bitcoin held steady near $64,250 on Wednesday, inching up on the day and adding roughly 1% for the week, even as a sharp selloff tore through global semiconductor stocks. The split screen was hard to miss: while digital assets mostly drifted higher, the cryptocurrency and semiconductor market told two very different stories on the same