MultiBank Group’s digital asset division partnered with Fireblocks to bring $10 billion in real estate on chain. Summary MultiBank.io launched a real estate tokenization platform Fireblocks will provide custody, Mavryk blockchain infrastructure Platform aims to tokenize $10B in real estate assets. Companies are increasingly competing to dominate real-world assets. On Wednesday, July 23, MultiBank.io, the
On July 2, Protos asked whether the bitcoin (BTC) treasury company bubble had popped. At that time, the mania had already been cooling for weeks, with many companies trading decidedly lower than their initial days on public markets. Today, weeks later, additional data show things didn’t — and look unlikely — get any better. According
In his latest interview, US Treasury Secretary Scott Bessent shared his views on the new trade agreement with Japan, relations with China, and the Fed. Bessent announced details of the trade agreement with Japan. The agreement will implement a new 15% tariff on automobiles and will see Japan create an innovative financing mechanism to provide
Coinbase co-founder Fred Ehrsam, who launched a brain interface startup last year, announced on Tuesday that the new project, dubbed Nudge, has raised $100 million from two venture firms, Thrive Capital and Greenoaks Capital Partners. Several angel investors also participated in the Series A fundraise. Nudge launched its first product earlier this year, the Nudge
Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,250 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,000 zone. The price is trading above $118,600 and the 100 hourly Simple moving average. There is a key bullish
Zama, an open-source cryptography company pioneering Fully Homomorphic Encryption (FHE), is teaming up with OpenZeppelin to use confidential smart contracts for production. The protocol by Zama makes sure that, like with ERC-20, balances and transfers are hidden by default, and it does this without losing the benefits of decentralization and composability while keeping sensitive information
Key Takeaways JPMorgan disagrees with the US Treasury’s prediction that the stablecoin market will reach $2 trillion by 2028. USDT and USDC account for over 60% of the current stablecoin market, which JPMorgan expects to only double or triple in size. JPMorgan isn’t buying into the $2 trillion stablecoin hype. Despite growing political and institutional
As Bitcoin (BTC) continues to trade near its all-time high (ATH) of $123,218, concerns over rising exchange deposits are mounting. However, fresh on-chain data reveals a significant contrast between the current rally and previous ones – most notably, a decline in BTC deposits to exchanges. Bitcoin Flow Pulse Shows Low Exchange Activity According to a
Block joined the S&P 500 on July 23, replacing Hess after the oil producer’s $54 billion acquisition by Chevron, a reshuffle that sent Block’s stock up 10.7% from the July 18 open of $72.01 to $79.69 by press time. The company announced the addition on July 18, prompting investors to position ahead of index-tracking funds
Arkham has cleared up the confusion around the U.S. government’s cryptocurrency holdings after alarm spread throughout the cryptocurrency community following the release of public records from the U.S. Marshals Service. The blockchain data tracking firm, Arkham Intelligence, has compiled data showing the U.S. government’s Bitcoin holdings across several agencies to clarify the confusion around the