Finance News (Page 5)

Japan’s Metaplanet Issues $13.6 Million in Bonds to Acquire Additional Bitcoin

Japanese investment company Metaplanet has announced the issuance of $13.6 million in Zero-Interest bonds to fund additional Bitcoin investment. The Tokyo-listed firm is allocating 2 billion JPY in bonds to EVO FUND, seeking to bolster its digital asset portfolio. Metaplanet's Strategic...

, by Jimmy Aki

Bitcoin Miner MARA Revenue Grows in Q4 2024 Due to Rise in Bitcoin Prices: Report

MARA Holdings reported its Q4 2024 financial results on Wednesday, revealing a 37% year-over-year revenue increase to $214.4 million, driven by Bitcoin's price appreciation. For the full year, annual revenue increased 69% to $656.4 million, reflecting Bitcoin's price rally throughout the...

, by Jimmy Aki

Former Crypto-Friendly Congressman Patrick McHenry Joins a16z as Senior Advisor

Former Congressman Patrick McHenry (R-NC) announced on Wednesday via X that he has joined venture capital firm Andreessen Horowitz (a16z) as a senior advisor, following the conclusion of his two-decade tenure in the U.S. Congress. Patrick McHenry Announces a16z Position “Excited to share...

, by Julia Smith

Ken Griffin’s Citadel Securities Eyes Crypto Market-Making on Coinbase and Binance

Citadel Securities is entering the crypto market-making sector, positioning itself as a liquidity provider amid expectations of regulatory shifts following the 2024 U.S. presidential election. Bloomberg reports on Monday that Citadel Securities is working to secure a foothold on major...

, by Hassan Shittu

Strategy Buys $2 Billion More Worth Of Bitcoin

Michael Saylor's Strategy has acquired nearly $2 billion worth of Bitcoin as it continues to expand its holdings, the intelligence software company announced on Monday, February 24, 2025. According to the February 24 announcement, the Virginia-based company acquired 20,365 BTC to its...

, by Julia Smith

XDC Network and Archax Launch Four Tokenized Funds

XDC network announces the tokenization of funds from BlackRock, Fidelity, abrdn, and State Street, partnered with regulated exchange Archax, offering institutional blockchain solutions.

, by Tanzeel Akhtar

Brazil Approves World’s First Spot XRP ETF by Hashdex

Brazil’s Securities and Exchange Commission (CVM) approved the country’s first XRP spot exchange-traded fund (ETF) on February 18, making it the first of its kind globally. The ETF was introduced by asset manager Hashdex and will allow investors to gain exposure to XRP, the native token of the...

, by Hassan Shittu

Coinbase Expands US Crypto Futures Market with CFTC-Regulated Solana Contracts

Coinbase is expanding its US crypto derivatives market by launching CFTC-regulated Solana and Hedera futures contracts through Coinbase Derivatives.

, by Veronika Rinecker

SEC Acknowledges Spot XRP ETF Application

The U.S. Securities and Exchange Commission (SEC) officially acknowledged Bitwise’s application for a spot XRP exchange-traded fund (ETF) on Tuesday, filed through the Cboe BZX Exchange. This recognition represents a key step toward integrating regulated XRP investment products into traditional...

, by Jimmy Aki

Metaplanet Announces 10-for-1 Stock Split to Improve Market Accessibility

Metaplanet has announced a 10-for-1 stock split, which will take effect on April 1, 2025, to reduce the trading cost per share and improve market liquidity. According to a statement issued by the company on February 18, the stock split will apply to shareholders recorded as of March 31,...

, by Hongji Feng

DOGE Launches SEC Account to Tackle Waste, Fraud, and Abuse in the SEC

DOGE announced two separate actions aimed at holding federal agencies accountable on February 17. In one development, the agency launched a public oversight account on X, urging citizens to report alleged instances of waste, fraud, and abuse in the U.S. Securities and Exchange Commission (SEC)...

, by Hassan Shittu

Brevan Howard Digital Deploys $20M on Ethereum-Based Network Kinto

Abu Dhabi-based Brevan Howard Digital announced on Monday it has deployed $20 million in assets on Kinto, an Ethereum-based network, participating in the firm's mining program.

, by Tanzeel Akhtar

Hex Trust Acquires Byte Trading, Expands Into the Institutional Market

Hex Trust acquires Byte Trading, integrating low-latency trading with its custody platform. The move strengthens its institutional offerings amid growing demand.

, by Tanzeel Akhtar

Coinbase Partners with Aston Martin F1, Pays Entirely in $USDC

San Francisco-based Coinbase and UK-based Formula One team Aston Martin Aramco announced a sponsorship agreement on Friday, making Coinbase an official sponsor of the team for the upcoming Formula One season. The deal is unique for being fully transacted in USDC, a stablecoin pegged to the U.S....

, by Hassan Shittu

Tether Acquires Minority Stake in Juventus Football Club

USDT issuer Tether announced on Friday that it has acquired a minority stake in Juventus Football Club as part of a broader strategy to integrate digital assets, AI, and biotech into sports. The investment was executed through Tether’s investment arm, according to the announcement—separate...

, by Hongji Feng

Coinbase Q4 Revenue Soars Over 140% as Post-Election Crypto Rally Propels Prices

Coinbase exceeded profit forecasts for Q4 on Thursday as heightened trading in Bitcoin and other digital tokens followed the US election. The operator of the largest US crypto trading platform reported a net income of $1.3b or $4.68 per share—up significantly from the $273m, or $1.04 per...

, by Shalini Nagarajan

Finance News (Page 5)

Cryptonews in numbers