Tag: Firm

Aifinyo AG Becomes Germany’s First Bitcoin Treasury Firm with $3.5M Pure-play Investment

Key Notes The company received $3.48 million from UTXO Management to launch its Bitcoin-only treasury accumulation strategy. Aifinyo plans to expand fintech services and targets over 10,000 BTC holdings by 2027 through operational cashflows. The firm’s executive predicts every major German company will consider Bitcoin reserves within five years as inflation protection. European fintech company Aifinyo AG announced on Oct. 21 that it was converting its balance sheet to Bitcoin BTC $111 850 24h volatility: 0.9% Market cap: $2.23 T Vol. 24h: $95.54 B , making it the first German…

Coinbase Buys Startup Fundraising Firm Echo for $375M

Coinbase (COIN) has acquired Echo, a startup focused on onchain capital formation, for approximately $375 million. Founded by a longtime crypto figure known by its Cobie pseudonym, Echo has helped projects raise over $200 million across roughly 300 deals since launch. The platform allows startups to raise funds directly from their communities, either privately or through self-hosted public token sales using a product called Sonar. In a statement announcing the acquisition, Coinbase said the deal would help it build a “full-stack” solution for crypto fundraising. For startups, that means easier…

Huobi Founder Eyes $1,000,000,000 Ethereum Treasury Firm

Key Notes Huobi founder and chairman of Avenir Capital, Li Lin, plans to collaborate with investors to launch a $1 billion ETH treasury. Some of the partners are Fenbushi Capital co-founder Shen Bo, HashKey Group chief executive officer Xiao Feng, and Meitu founder Cai Wensheng. BitMine is Ethereum’s largest holder with over 3 million ETH in trust. New reports have hinted at the establishment of a $1 billion Ethereum (ETH) treasury, marking the entry of another firm into the corporate accumulation trend. The founder of the Huobi exchange, Li Lin,…

Ripple Acquires Treasury Management Solutions Firm GTreasury for $1B

Key Notes The acquisition grants Ripple access to Fortune 500 corporate clients and enterprise-grade treasury management infrastructure. Combined operations will focus on unlocking idle capital and enabling 24/7 cross-border payments for corporate treasuries. XRP price remains stable around $2.35 despite Ripple’s $2.45 billion total acquisition spending throughout 2025. Ripple has acquired GTreasury, a fintech firm specializing in treasury and risk management software solutions, in a $1 billion deal announced on Oct. 16. According to a press release, the acquisition gives Ripple and its customers access to “multi-trillion dollar corporate treasury…

Tether-backed Firm Launches Tokenized Gold (XAUT0) on Solana Blockchain

Key Notes Tether’s XAUT0 launch provides access to $170 billion in unified liquidity across 12 chains during gold’s rally to record highs. Solana faces downward pressure from a suspected $17.6 million Alameda Research transfer to Coinbase despite RWA momentum. Technical indicators show SOL must reclaim $213 support to target $244, or risk falling toward $181 if selling intensifies. USDT0, a liquidity unification protocol backed by stablecoin issuer Tether, has launched a tokenized gold asset, XAUT0, on the Solana blockchain. The move comes as gold prices hit a new all-time high…

Coinbase Makes Fresh Investment in Indian Exchange CoinDCX, Valuing Firm at $2.45 Billion – SuperCryptoNews

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Global cryptocurrency giant Coinbase announced a new strategic investment Wednesday in Indian crypto exchange CoinDCX, a move aimed at expanding its footprint in the burgeoning markets of India and the Middle East. While the financial terms of the investment were not disclosed, CoinDCX Co-founder and CEO Sumit Gupta confirmed the transaction values the exchange at $2.45 billion post-money. The deal is subject to regulatory approval. Coinbase’s investment follows multiple earlier funding rounds in which its venture arm, Coinbase Ventures, participated, starting in 2020. Shan Aggarwal, Coinbase’s chief business officer, highlighted…

Bitcoin Mining Firm Canaan Turns Flared Gas into Power in Canada

Key Notes The project deploys over $2 million in Avalon A15 Pro miners at gas well sites, utilizing stranded energy resources. Aurora’s system enables below-average mining costs while offering grid power resale during peak periods. Canaan generates 2.5 megawatts from 700 units, targeting expansion as AI infrastructure demand grows globally. Canaan Inc. announced on October 13 that it has initiated a pilot mining project in Calgary, Alberta, converting flared natural gas into power for high-density computing. The effort demonstrates new energy strategies in Bitcoin BTC $114 822 24h volatility: 0.4%…

Citibank Backs Stablecoin Firm BVNK: Report

Key Notes Citi invests in stablecoin payments infrastructure firm, BVNK. The deal reflects growing US bank interest in stablecoins following clearer regulations. BVNK’s valuation has surpassed $750 million from its last funding round. Citi, the third-largest bank in the United States, has made a strategic investment in BVNK, a London-based stablecoin infrastructure firm backed by Coinbase and Tiger Global. The move comes amid clearer regulations and rising demand for stablecoins among US banks. BVNK operates a payments platform that enables global transactions using stablecoins, allowing easy conversion between fiat and…

Bitcoin Life Insurance Firm Meanwhile Raises $82M Led by Bain Capital, Haun Ventures

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Key Notes The Bermuda-based insurer allows policyholders to borrow against policies after two years to access Bitcoin at current rates. Bitcoin recently hit $126,198 as investors sought refuge during US government shutdown uncertainty and market volatility. Meanwhile operates as a regulated carrier offering death benefits in Bitcoin rather than traditional fiat currency payouts. Meanwhile, the first life insurance company to offer policies denominated entirely in Bitcoin BTC $121 733 24h volatility: 3.0% Market cap: $2.43 T Vol. 24h: $77.59 B , has raised $82 million in a new funding round…

NYSE Parent Firm ICE Set to Invest in Polymarket Platform

Key Notes ICE is reportedly investing $2 billion in Polymarket, valuing the platform at between $8 and $10 billion. Polymarket now supports Bitcoin deposits, broadening access to its decentralized prediction markets. The platform has over 21,000 active markets and 1.2 million users worldwide. Intercontinental Exchange, the parent company of the New York Stock Exchange, is reportedly close to finalizing a $2 billion investment in Polymarket, as per a report from the Wall Street Journal. According to WSJ, the deal could value the prediction market platform at as much as $10…