Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken. Source
Tag: Firm
A 50 Basis Points Fed Rate Cut Could Raise Alarm for Bitcoin (BTC), Crypto Research Firm Warns
Rate moves are expressed in “basis points (bps),” equal to 1/100 of a percentage point and central banks, including the Fed, typically opt for 25 basis point interest rate changes. However, more significant moves are occasionally chosen, indicating a sense of urgency. For instance, the Fed delivered multiple 50 bps and 75 bps hikes during the 2022 tightening cycle, signaling an urgency to control inflation and causing risk aversion in financial markets. Original
U.S. Election Betting Delay Would Be ‘Devastating’ to Kalshi, Firm Says
“That delay—which the agency would assuredly try to parlay into another, then another, until it is too late—would be devastating for Kalshi, which has staked its future on this litigation and these markets,” the company told the U.S. District Court for the District of Columbia. Source
Bitcoin Bull Run To Peak In 2025? Blockchain Firm Predicts Cycle Timeline
The price of Bitcoin started the year on a strong momentum, which was further buoyed by the launch of spot ETFs (exchange-traded funds) in January. The premier cryptocurrency capitalized on its introduction to a new batch of investors, forging a new all-time high of $73,737 in mid-March. However, Bitcoin has since slowed down in the past few months, with several investors and crypto enthusiasts wondering if the bull cycle is over. The latest commentary has come from a blockchain firm that has put forward something of a timeline for the…
Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources
BCB closed a $60 million Series A funding round in January 2022. The round was co-led by Foundation Capital with participation from BACKED VC, PayU (the e-payments business of Prosus), Digital Currency Group, Nexo, Wintermute, Menai Financial Group, Circle, Tokentus Investment, Cowa, Profluent Ventures and LAUNCHub Ventures. Source
Crypto Firm Galois Capital Faces $200K Fine From US SEC For ‘Investor Violations’
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…
Brevan Howard-Backed Real-World Asset (RWA) Tokenization Firm Libre Arrives on NEAR Blockchain
Libre, a startup focused on tokenizing financial assets in partnership with Nomura’s Laser Digital, Brevan Howard’s WebN group and private markets giant Hamilton Lane, is adding several digitized funds to the NEAR blockchain, enabling tokenized real-world assets (RWA) to be transferred across multiple blockchains. Source
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. […] Original
CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters
The executive was taken to hospital; his injuries were not life threatening. Source
Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN). Source