Nasdaq-listed Solmate Infrastructure, a Solana-focused treasury and infrastructure company, has raised about $11.4 million via a registered direct offering of Class B common stock. According to Businesswire, Solmate Infrastructure is issuing a total of 2,298,000 shares of Class B common stock in a registered direct offering priced at $4.97 per share. The company expects to
$REAL Technologies Inc., the parent company of $REAL Finance, has signed its first securities tokenization agreement with Factori AD, an EU-regulated investment broker offering brokerage, OTC execution, custody, and investment advisory services. The agreement represents the first live implementation of $REAL Finance’s infrastructure for regulated securities tokenization and activates an institutional pipeline exceeding $100 million
Bitcoin options open interest on Deribit has reached $31.3 billion, overtaking BlackRock’s IBIT ahead of a $6.25 billion expiry. Deribit’s Bitcoin options open interest climbed to $31.3 billion on May 21, overtaking BlackRock’s IBIT at $27 billion. The reversal comes after IBIT briefly surpassed Deribit in April for the first time since ETF options launched
Billionaire investor Mark Cuban said he has sold most of his bitcoin holdings after losing confidence in the cryptocurrency’s role as a hedge against weakening fiat currencies and geopolitical instability. Cuban, who’s net worth is about $10 billion, said bitcoin’s price behavior during the recent Iran conflict challenged one of the core reasons he owned
Recently Strategy made headlines by saying that it might sell some bitcoin to meet business objectives. This came as a surprise to many people because of what was previously regarded as a hard-lined stance to never sell. Saylor even (jokingly) tweeted stuff like “Sell a kidney if you must, but keep the bitcoin.” The reality
Profit is one factor that helps keep miners, stakers, and developers engaged with a blockchain. When returns are strong, participation often increases. But what happens when rewards shrink or disappear? The promise of easy gains can fade quickly, and a once-busy network can slow down in a short period of time. Imagine the thrill of
Fed hike odds have climbed to 52% while 30-year U.S. Treasury yields have pushed above 5%, tightening financial conditions and upping the pressure on risk assets from stocks to crypto. Market-based indicators show traders assigning a roughly 52% probability that the Federal Reserve will raise interest rates again before year-end, reversing earlier consensus that the
a16z crypto says Wall Street is adopting blockchain less for ideology than for efficiency, risk control and programmable market infrastructure that makes assets composable. a16z crypto general partner Guy Wuollet says the financial industry is undergoing a digital migration in which blockchain is becoming core infrastructure, much as cloud computing became the backbone of modern
$BTC selling pressure remains strong, keeping prices from reaching a true breakout. On-chain data shows the selling pressure may be coming from older cohorts of whales. On the demand side, $BTC shows robust weekly buying, far surpassing the weekly $BTC production. Institutional inflows remain strong, with Strategy adding 24,869 $BTC in the past week. Based
Demand for Bitcoin ($BTC) has decreased sharply over the last few days as the price ran into overhead resistance above $80,000. Analysts say $BTC’s inability to hold key support levels may be paving the way for a prolonged consolidation. Key takeaways: Bitcoin’s apparent demand fell to -3,138 $BTC, its lowest level in four months. Weak