Where Money, Investing, and Technology Meet
A reader asks: How do young people get rich besides crypto? Young people becoming fabulously wealthy is still a relatively new phenomenon. Jerry Seinfeld once said, “The eighties was the first time that young guys could make a lot of money fast. Never existed before. Rich guys were Aristotle Onassis, Andrew Carnegie, shipping, iron. You […]
Key Takeaways The US housing finance regulator wants Fannie Mae and Freddie Mac to draft plans that treat crypto as part of a borrower’s assets for mortgage review. Crypto holdings can be counted directly in mortgage underwriting if the proposals are approved. Share this article The US Federal Housing Finance Agency (FHFA) has directed mortgage […]
Key Takeaways Metaplanet raised $517 million in a single day to acquire more Bitcoin. The firm’s strategy mirrors Strategy’s corporate investment in Bitcoin as a treasury asset. Share this article Japanese investment firm Metaplanet announced Wednesday that it had raised $517 million to purchase additional Bitcoin, following a corporate strategy similar to Strategy’s approach to […]
Key Takeaways Purpose Investments has debuted Canada’s first XRP spot ETF on the Toronto Stock Exchange. The ETF trades under the ticker XRPP and provides direct exposure to XRP with multiple currency options. Share this article Purpose Investments, Canada’s leading crypto ETF provider, has officially launched the Purpose XRP ETF on the Toronto Stock Exchange. […]
Key Takeaways Hong Kong-based food group DDC Enterprise Limited aims to raise $528 million to expand its Bitcoin holdings. The funding includes contributions from Anson Funds, Animoca Brands, Kenetic Capital, and QCP Capital. Share this article DDC Enterprise, also known as DayDayCook, a publicly traded consumer brand focused on wellness-driven meal solutions, said Tuesday it […]
The following article is a guest post and opinion of Yurii Kovalchuk, Senior Blockchain Engineer at Forte Group. Three and a half years ago, I made a decision that completely changed the trajectory of my career. I left the familiar world of Web2 and stepped into the deep, chaotic, and exhilarating space of blockchain development. […]
Key Takeaways Invesco and Galaxy Digital filed for a Solana ETF in Delaware amid expectations of SEC approval. The SEC may approve spot Solana ETFs within an expedited timeline of three to five weeks. Share this article Invesco and Galaxy Asset Management, the fund management arm of Galaxy Digital, have filed to register a trust […]
Key Takeaways Interactive Strength plans to raise up to $500 million to build an FET treasury. The partnership aims to create a leading AI-driven personal training platform and enhance digital fitness services. Share this article Interactive Strength, which trades on Nasdaq under the ticker TRNR, announced Wednesday it has entered into a securities purchase agreement […]
Plasma, a blockchain platform focused on stablecoin infrastructure, is making waves across the crypto space for raising $500 million through its XPL token offering and securing a strategic partnership with DeFi giant Aave in the last 24 hours. The Aave collaboration will see Plasma integrate the DeFi protocol’s lending and liquidity infrastructure to distribute USDT […]
Key Takeaways VanEck, 21Shares, and Canary Capital urge the SEC to revert to its ‘first-to-file, first-to-approve’ standard for crypto ETP approvals. Simultaneous approvals are said to stifle innovation and disadvantage smaller ETF firms. Share this article Three asset managers — VanEck, 21Shares, and Canary Capital — have co-signed a letter urging the SEC to restore […]
