A deep dive into the three strategic models emerging in corporate Bitcoin treasury companies, from pure-play credit issuers to hybrid operators, based on Michael Saylor’s latest thinking. As Bitcoin becomes a strategic asset class in public markets, a new class of corporate entity is emerging: the Bitcoin treasury company. These […]
Charles Schwab reported a 90% year-over-year increase in visits to its crypto platform, with clients now holding about 20% of all U.S. crypto ETPs. Charles Schwab is seeing booming engagement from retail investors in its crypto products. In an interview with CNBC, CEO Rick Wurster said that visits to Schwab’s crypto platform […]
Tether has agreed to pay nearly $300 million to the Celsius Network bankruptcy estate, settling years of litigation tied its 2022 collapse. Stablecoin issuer Tether has agreed to pay $299.5 million to the Celsius Network bankruptcy estate, settling years of litigation tied to the crypto lender’s 2022 collapse. The payment […]
BlackRock is developing technology to tokenize a wide range of assets and expand its digital investment offerings. BlackRock is developing its own technology to tokenize a broad range of assets, from real estate to equities and bonds. CEO Larry Fink said the global market currently holds more than $4.5 trillion […]
Kalshi has raised $300 million in new funding at a $5 billion valuation and will soon open access to people in 140 countries. Prediction markets are not a niche crypto subculture anymore. They are mainstream finance. Kalshi, one of the world’s largest prediction markets that accepts bitcoin deposits, announced it has raised […]
Morgan Stanley will allow all clients, not just high-net-worth investors, to access crypto funds and ETFs starting on October 15. Morgan Stanley is dropping long-standing restrictions on which of its wealth management clients can invest in crypto funds, broadening access across its $8.2 trillion platform. Starting Oct. 15, financial advisors […]
Estonian-based Bringin has launched its full Bitcoin financial services platform after successful beta testing. The platform offers eurozone users a comprehensive solution to save, store, send, receive, and spend Bitcoin in one simple app, allowing them to ‘live the standard.’ Bringin, an Estonia-based Bitcoin financial services platform, has announced the […]
The iShares Bitcoin Trust ETF (IBIT), launched just 21 months ago, is on the verge of reaching $100 billion in assets under management, making it BlackRock’s most profitable fund. BlackRock, celebrated for its diverse suite of exchange-traded funds spanning decades of market trends, has a new crown jewel: its Bitcoin […]
Opendoor CEO Kaz Nejatian hinted on social media that the company may soon allow home purchases using Bitcoin. Opendoor CEO Kaz Nejatian put out a social media hint that his company may soon allow the purchase of homes using Bitcoin or other crypto. In a reply on X to a […]
If you invested your stimulus money into Bitcoin and held on without selling, you’d now be sitting on a sum worth roughly $21,617. It’s been over five years since the U.S. government issued its first $1,200 COVID-19 stimulus checks. For many Americans, the money was used for bills, groceries, or […]