Galaxy Digital (GLXY), the digital asset investment firm led by Mike Novogratz, is planning to release a tokenized money-market fund, according to two people familiar with the plan. The New York City-based company is aiming to bring a more crypto-native twist to the range of traditional finance-led tokenized fund offerings, such as BlackRock’s BUIDL and
Blockchain-based real world asset (RWA) specialists Centrifuge and Plume have launched the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX), backed by a $50 million anchor investment from Grove, a credit infrastructure protocol within the Sky Ecosystem. The fund gives blockchain investors exposure to Apollo’s diversified global credit strategy, spanning direct corporate lending, asset-backed lending and
Key Takeaways Vancouver mayor has helped create a Bitcoin fund specifically for firefighter charities. The move positions Vancouver among the largest North American cities to support a Bitcoin-based charity fund. The mayor of Vancouver, Canada has put together a Bitcoin fund for the city’s firefighter charities. The move represents one of the largest cities in
The cryptocurrency world is buzzing with news of a significant Bitcoin purchase by a major player in the gaming industry. Hong Kong-listed game developer Boyaa Interactive International Ltd. recently announced its acquisition of 245 BTC, marking a notable step into the digital asset space. Why Boyaa Interactive Made This Strategic Bitcoin Purchase? Between September 15
Gemini Space Station (GEMI), the crypto exchange founded by Cameron and Tyler Winklevoss, has seen its shares tumble by more than 20% since listing on the Nasdaq last Friday. The stock is down around 6% on Tuesday, trading at $30.42, and has dropped nearly 24% over the past week. The sharp decline follows an initial
Crypto trading firm Keyrock said it’s expanding into asset and wealth management by acquiring Turing Capital, a Luxembourg-registered alternative investment fund manager. The deal, announced on Tuesday, marks the launch of Keyrock’s Asset and Wealth Management division, a new business unit dedicated to institutional clients and private investors. Keyrock, founded in Brussels, Belgium and best
Bitcoin price remains in focus as investors weigh upcoming Federal Reserve decisions and market expectations. With the Fed expected to deliver a rate cut, scenarios of both short-term dips and longer-term gains are being discussed. JP Morgan and other big analysts are expecting a market dump before reversal, adding weight to near-term caution.
Bitcoin is trading at $115,329 with a market capitalization of $2.29 trillion. Over the past 24 hours, bitcoin saw a trading volume of $38.62 billion, moving within a tight intraday price range of $114,509 to $115,995, reflecting ongoing indecision in the market. Bitcoin Across the daily chart, bitcoin shows signs of a weakening bullish trend
Economist and The Bitcoin Standard author Saifedean Ammous has warned that Argentina’s financial system is on the brink of collapse, calling President Javier Milei’s economic program a “debt and inflation Ponzi” propped up by unsustainable bond yields and money printing. In a post on X, Ammous argued that Argentina’s government has created a financial system