Key Notes Company transitions from passive shipping operations to AI infrastructure focus, rebranding ticker from OP to SVRN on Nasdaq. Treasury management employs active yield-generating strategies achieving 5.3% gross APY while planning validator node operations. Institutional backing includes $120M funding round from Kraken, Proximity, Fabric Ventures supporting NEAR Protocol integration ambitions. Nasdaq-listed OceanPal’s wholly owned subsidiary, SovereignAI, disclosed on Nov. 17 a treasury holding of 53.9 million NEAR NEAR $2.21 24h volatility: 4.2% Market cap: $2.84 B Vol. 24h: $456.76 M , representing a value of approximately $133 million by…
Tag: 133M
Ethereum ETFs Face $133M Outflows as Grayscale’s ETHE Divests $326M
Based on recent data, after a period of inflows, nine U.S. spot ethereum exchange-traded funds (ETFs) experienced withdrawals totaling $133.16 million on Wednesday. The majority of these withdrawals came from Grayscale’s ETHE, which saw a significant $326.86 million in outflows on July 24. Wednesday Sees $133M Exit U.S. Ethereum ETFs, Grayscale’s ETHE Major Driver U.S. […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday’s $133M Token Unlock
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Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M
As told by Aid for Ukraine, a joint initiative created by the Ukrainian government, FTX, Everstake and Kuna to rally crypto donations for the country, Ethereum (ETH) co-founder Vitalik Buterin made $5 million worth of ETH donations to Ukraine in early April. According to the entity, despite the large donation sum, Buterin did not make an announcement regarding the transaction. It was eventually linked to him via the Ethereum Name Service domain name “vitalik.eth,” which served as the origin of the transfer. .@VitalikButerin donated almost $2.5M in $ETH to @_AidForUkraine…
Coinbase CEO reportedly buys LA mansion for $133M
Brian Armstrong, CEO of Coinbase — the largest cryptocurrency exchange in the United States — reportedly made a multi-million-dollar real estate purchase at the end of 2021. Armstrong bought a $133-million Los Angeles property from Japanese entrepreneur Hideki Tomita in December, The Wall Street Journal reported on Monday, citing anonymous people familiar with the matter. According to The Wall Street Journal, Tomita originally purchased the real estate for $85 million in 2018. The new deal allegedly marks the biggest home purchase ever completed in the L.A. area. Prior to being…