On August 28th, the Blox Global Tour, a global Web3 event focused on the future, grandly launched in Hong Kong, the "Financial Heart of Asia." This event was more than just a grand opening ceremony; it was a high-speed train to the future.
Japan's Financial Services Agency will approve the country's first issuance of a yen-denominated stablecoin this month. It will be backed by liquid assets such as government bonds to keep its value stable at 1JPYC = 1 yen.
Bitcoin Standard Treasury Co. (BSTR) is preparing to list on the Nasdaq through a merger with Cantor Equity Partners (CEPO). It currently holds 30,021 bitcoins on its balance sheet and plans to increase its holdings to over 50,000.
Crypto platform Gemini announced that it has publicly filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for its planned initial public offering (IPO).
Galaxy Digital announces $1.4 billion in project financing to support the expansion of its Helios data center campus in Texas.Galaxy has provided $350 million of its own capital, with the remainder covered by debt financing.
On August 15, U.S. Treasury Secretary Benson said that the confiscated Bitcoins will be used as U.S. strategic reserves, and the United States is exploring "budget-neutral" methods to obtain more Bitcoins.
Biswarup Chatterjee, global head of partnerships and innovation at Citigroup’s services unit, said in an interview that the group is exploring offering stablecoin custody and other services.
Sola, a global AI-native application development platform, today announced the completion of a $17.5 million Series A funding round led by top venture capital firm Andreessen Horowitz (a16z).