The Hong Kong government is preparing to exempt private investment firms, hedge funds, and family offices from taxes on income earned through cryptocurrency transactions.
Sui blockchain has partnered with Franklin Templeton Digital Assets, a global investment leader. This partnership will enhance developer support within the Sui ecosystem and push forward technological advancements leveraging Sui’s blockchain platform.
Investment firm Bitwise has filed with the U.S. Securities and Exchange Commission (SEC) for a trust fund in Delaware, signaling a potential move to apply for a spot ETF for Solana.
On November 14, Solidion Technology, a key supplier of battery materials, announced a strategic shift towards Bitcoin by reallocating a portion of its cash reserves to the cryptocurrency. This move comes amid the rise of pro-crypto leadership in the U.S., following Donald Trump’s presidential victory.
BlackRock, the largest investment firm in the world, has expanded its BUIDL RWA fund to five new blockchains, including Aptos, Arbitrum, Avalanche, OP Mainnet, and Polygon. Until now, BUIDL was exclusively available on Ethereum.
The State of Florida holds around $800 million in crypto-related investments. Jimmy Patronis, Florida’s Chief Financial Officer, said in a recent interview with CNBC that crypto represents a big opportunity for the state’s investment portfolio and pension funds.
The digital asset world is evolving rapidly, bringing with it an array of new investment tools. Following the successful debut of Bitcoin and Ethereum ETFs, it appears that Solana’s turn may be approaching.
As of October 11, 2024, BlackRock, one of the largest U.S. investment firms, crossed a historic threshold with its assets under management surpassing $11.5 trillion for the first time. This was fueled by a surge in crypto-ETF inflows and a sharp rise in the company's stock.
OKX Ventures, the investment arm of the crypto exchange OKX, announced a $5 million investment in the TON ecosystem (The Open Network).
Michael Saylor, CEO of MicroStrategy and a prominent crypto advocate, addressed Microsoft’s leadership and shareholders, urging them to transform the company’s investment strategy by allocating a significant portion of its assets to Bitcoin.
Trump’s return to the presidency sets the stage for a tidal wave of crypto ETFs as Wall Street eyes the $3.2 trillion market for new investment opportunities.
Charles Schwab, a financial giant managing $7 trillion in assets, plans to offer clients direct cryptocurrency investment options.
Tokyo-based investment firm Metaplanet announced issuing 1.75 billion yen (over $11 million) to increase its Bitcoin holdings.
Xiao Feng, the chairman and CEO of the investment company HashKey Group, believes China may reconsider its approach to crypto now that Donald Trump has won the election.
Cartwright, a large pension advisor in the UK, announced allocating 3% of its assets to Bitcoin. This is a first-of-its-kind Bitcoin investment move by pension specialists in the country.
xAI, the AI startup founded by Elon Musk, is in talks to raise investment in a new funding round that would bring its valuation to $40 billion.
World Liberty Financial, the project championed by Donald Trump’s sons and fueled by a recent $14 million private investment, is moving closer to releasing its USD-pegged stablecoin. According to Decrypt, the team is now focused on solidifying the technical backbone for the new coin.
47% of traditional hedge fund managers invested in crypto assets, according to the “6th Annual Global Crypto Hedge Fund Report 2024,” released by AIMA (The Alternative Investment Management Association) on October 10, 2024.
