Firm
Crypto investment firm dao5 raised a $222 million fund to invest in blockchain projects targeting institutional and government adoption. The fund brings the firm’s total assets under management to $550 million. Founded in 2022 by Tekin Salimi, a …
Shares of Sol Strategies (HODL), a Toronto-listed digital-asset firm, jumped after the company said it secured an up-to $500 million convertible note facility to ramp up its investments focused on the Solana network. The capital will be exclusively …
Hidden Road, the prime brokerage firm that’s being acquired by Ripple, has obtained approval to operate as a U.S. broker-dealer from the Financial Industry Regulatory Authority (FINRA), the company said Thursday. The license, granted to its …
The market for tokenized financial instruments, or real-world assets (RWAs), could reach $18.9 trillion by 2033 as the technology’s growth is nearing a “tipping point,” according to a joint report on Monday by Boston Consulting Group (BCG …
The suit is the latest in a string of dropped enforcement cases by the SEC.
The U.S. SEC is dropping cases and closing investigations against crypto companies left and right, but not everyone is off the hook yet.
The debanking of Binance.US is Operation Chokepoint in action, said the exchange’s interim CEO Norman Reed.
The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.