Today’s edition of the weekly recap covers Strategy’s massive stock offering to fund Bitcoin purchases, Coinbase’s hiring plans under the Trump administration, and growing crypto cooperation between Latin American nations. Strategy launches $21B preferred stock offering Coinbase on hiring spree,… Source CryptoX Portal
REX Shares has launched the REX Bitcoin Corporate Treasury Convertible Bond ETF. This will be a fund that invests in convertible bonds issued by companies that hold Bitcoin (BTC) in their corporate treasury, according to a company release. Convertible bonds are a type of debt that can be converted into company shares under certain conditions. Some companies use these bonds to raise money and buy Bitcoin for their balance sheets. The strategy gained attention after Michael Saylor, now Chairman of Strategy (formerly MicroStrategy), used it to accumulate Bitcoin. BMAX simplifies…
REX Shares has launched a new, first of its kind exchange-traded fund focused on convertible bonds from companies incorporating Bitcoin into their treasury. REX Shares, an asset management firm specializing in investment products and funds, has just launched Bitcoin Corporate Treasury Convertible Bond (BMAX) ETF, which allows retail investors to invest in convertible bonds issued by companies that are buying Bitcoin (BTC) for their corporate treasuries (like Michael Saylor’s Strategy). “Until now, these bonds have been difficult for individual investors to reach. BMAX removes those barriers, making it easier to…
Digital asset exchange DigiFT has launched Invesco’s tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets. According to a March 13 announcement, Invesco’s US Senior Loan Strategy (iSNR) token is now live on Arbitrum, a popular Ethereum layer-2 network. The tokenized asset was launched on Feb. 19 and is designed to track the performance of a private credit fund managed by Invesco, a publicly traded investment manager headquartered in Atlanta, Georgia. At the time of…
Hemi has launched its mainnet, positioning itself as a significant player in the decentralized finance (DeFi) space by securing over $440 million in total value locked (TVL) and partnering with more than 50 ecosystem protocols. Founded by early Bitcoin developer Jeff Garzik, Hemi aims to unify Bitcoin and Ethereum into a single supernetwork, enhancing scalability, […] Original
Deutsche Börse is launching a crypto custody service through Clearstream, enabling institutional investors to securely store and settle cryptocurrencies. Deutsche Börse Announces New Crypto Custody Service Deutsche Börse Group announced on March 11 that its post-trade services arm, Clearstream, will launch a new crypto custody solution for institutional investors. Partnering with Crypto Finance, also part […] Source CryptoX Portal
Bitwise has launched an exchange-traded fund (ETF) holding stocks of companies with large Bitcoin (BTC) treasuries, the asset manager said on March 11. The Bitwise Bitcoin Standard Corporations ETF (OWNB) “seeks to track the Bitwise Bitcoin Standard Corporations Index, a new equity index of companies with at least 1,000 bitcoin in their corporate treasuries,” Bitwise said. The ETF is the latest in a flurry of new investment products aimed at offering exposure to companies with large Bitcoin treasuries. “A lot of people wonder: Why do companies buy and hold bitcoin?…
Cantor Fitzgerald, a global financial services firm, is launching a bitcoin financing business to provide leverage to investors holding the cryptocurrency. Wall Street Firm Expands Into Bitcoin Leverage Services The New York-based company announced it will begin operations with $2 billion in initial financing, planning to expand significantly over time. The initiative aims to meet […] Original
Bitwise Invest has launched the Bitwise Bitcoin Standard Corporations ETF (OWNB), an exchange-traded fund designed to track publicly traded companies that hold at least 1,000 bitcoin (BTC). The index follows specific rules: companies must hold a minimum of 1,000 BTC, with holdings weighted based on the amount of bitcoin owned. The largest holding is capped at 20%, while companies with less than 33% of their assets in bitcoin are weighted at 1.5%. The index rebalances every quarter. According to Bitwise, publicly traded companies collectively held 591,817 BTC as of the…
Terrill Dicki Mar 11, 2025 04:50 South Korean developer Nimblebites introduces Super-B, a blockchain-based game using Sui and AI for enhanced gameplay. Launch expected in Q3 2025. South Korean digital game developer Nimblebites is preparing to launch a groundbreaking game, Super-B, which combines the power of blockchain and artificial intelligence to revolutionize the gaming experience. According to Sui Foundation, the game is designed to offer players a dynamic brick world environment where they can engage in combat, construction, and social interaction through…