US President Donald Trump hosted a dinner for companies pledging funds to build a new ballroom in the White House, with attendees reportedly including Gemini co-founders Cameron and Tyler Winklevoss, and executives from Coinbase and Ripple. According to a Wednesday Wall Street Journal report, among the donors and attendees of the dinner at the White
BNY Mellon is exploring the development of stablecoin infrastructure but has not committed to launching its own token, executives said during the company’s recent earnings discussion on Thursday. The bank, one of the world’s largest custodians, has brought forward several blockchain-related investments in 2025 — including those that would support real-world asset settlement and tokenized
With the upward trend in the crypto market, “Digital Asset Treasuries” (DAT) have become a new phenomenon. These companies, which aggregate crypto assets ranging from Bitcoin to Dogecoin, indirectly offer their digital currencies to investors through publicly traded stocks. However, the rapid growth of the sector has some experts worried. Critics warn that DATs could
President Donald Trump’s embrace of crypto, paired with his return to the White House, has fueled enormous profits for his family—north of $1 billion to date, his son Eric Trump said. A Financial Times investigation found that President Trump and his family’s crypto businesses have profited $1 billion pre-tax. When asked if the calculations were
Republican Congressman Troy Downing is going to introduce a bill aimed at making Donald Trump’s Bitcoin and Crypto 410(k) executive order into federal law. A representative of the congressman confirmed that Downing is going to introduce the bill on Oct. 21. Summary President Donald Trump signed an executive order allowing crypto and other “alternative assets”
Has the PIPE model failed for bitcoin treasury companies? The collapse in the share prices for two notable recently closed deals — KindlyMD (NAKA) and Strive (ASST) suggests as much. A PIPE, or Private Investment in Public Equity, is a financing mechanism where institutional investors purchase shares directly from a publicly traded company at a
Canton Network is transitioning from a promising protocol to an active construction site, with YZi Labs doubling down on its ecosystem by funding Temple Digital to build the foundational trading applications required for adoption. Summary YZi Labs has invested in Temple Digital Group, developer of Canton Network’s first native trading platform, signaling a major step
Stablecoins are emerging as one of the clearest near-term use cases for transforming cross-border payments, according to a report last month from accountancy firm KPMG. Banks currently rely on a correspondent banking network that moves roughly $150 trillion annually, the report noted, a system that typically takes between two and five days for settlement, involves