Real-world asset (RWA) tokenization protocol Multipli has secured an investment from Coinbase Ventures’ Base Ecosystem Fund, the company announced on June 18. The specific financial terms of the deal were not disclosed. Strategic Backing for RWA Infrastructure The investment signals continued institutional interest in bridging traditional financial assets with decentralized finance (DeFi) infrastructure. Multipli focuses
Artificial intelligence has become one of the biggest forces driving stocks higher. The S&P 500 continues to hit record highs, fueled by investor excitement around AI and massive spending by the world’s largest technology companies. But a growing number of investors are asking a difficult question: What happens if the AI boom fails to deliver?
New Federal Reserve Chair Kevin Warsh ended his first FOMC meeting without changing interest rates. The FOMC statement said officials voted 12-0 to keep the federal funds target range at 3.50% to 3.75%. The Fed said economic activity was expanding at a solid pace, while inflation remained above its 2% target. It also said some
Robinhood Markets HOOD shares moved higher on Wednesday after multiple Wall Street firms reaffirmed their bullish outlook on the online brokerage, arguing that the company’s growth prospects remain strong. The bullish view came despite a planned workforce reduction affecting roughly 10% of employees. The stock gained more than 12% in mid day trading after both
A preferred stock that Strategy (MSTR) uses to help fund its bitcoin buying has fallen to a record low, constricting one of the company’s funding channels. Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, closed at $89 on Wednesday, its lowest level since it launched in July 2025. That is about
Crypto fell across the board on Thursday, shrugging off a signed Iran peace deal that lifted stocks, after the Federal Reserve held interest rates but made clear it is more worried about inflation than growth. Bitcoin traded around $63,900, down 3% over 24 hours though still up 2% on the week, per CoinDesk data. The
Michael Egorov Says Demand Is Rising for $BTC Yield Strategies That Preserve Exposure Crypto investors have long faced an uncomfortable choice in decentralized finance: earn yield or keep clean exposure to the assets they already own. That trade-off is especially clear in bitcoin liquidity provision. In traditional automated market maker strategies, a sharp rise in
STRC, Strategy’s variable-rate perpetual preferred stock, ended at $89.15 per share on June 17, more than 11% below its $100 par value. The drop has raised fresh questions about investor appetite for Bitcoin-backed yield instruments. STRC was designed to offer a variable dividend while helping Strategy raise capital for its Bitcoin treasury strategy, but its
The Federal Reserve kept the federal funds rate locked at 3.50%-3.75% Wednesday in a unanimous decision, but it was the updated dot plot that instantly rewired expectations across rate-sensitive markets. According to the original report, nine of 18 FOMC participants now project at least one additional rate hike this year, with six officials penciling in