Trump Media is targeting up to $12 billion in capital through a sweeping SEC filing, accelerating its bitcoin acquisition strategy and positioning for massive crypto-fueled expansion. Trump Media Seeks SEC Approval to Raise up to $12 Billion to Advance Bitcoin Holdings Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT), founded and majority-owned by […] Source CryptoX Portal
Binance research highlights a powerful wave of institutional crypto adoption, fueled by SEC clarity, ETF innovation, and Circle’s IPO reshaping Wall Street’s digital asset strategy. Binance Flags Institutional Crypto Boom as ETFs Rise, Circle Lists, and SEC Clears Path Crypto exchange Binance published new research on June 6 highlighting a surge in institutional adoption of […] Source CryptoX Portal
Cryptocurrency exchange Gemini has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC), according to a June 6 press release. Gemini filed a confidential draft registration statement on SEC Form S-1, which allows a company to file for IPO before publicly disclosing sensitive information. The filing comes amid renewed investor confidence as uncertainty due to trade wars has waned. The number of shares to be offered and the price range per share have not been determined. No date was mentioned for when the IPO…
Exchange-traded fund (ETF) issuers VanEck, 21Shares and Canary Capital sent a letter to the US Securities and Exchange Commission (SEC) urging a return to the “first-to-file” principle of approving ETF applications in the order they were submitted to the regulator. The companies argued that by failing to abide by the first-to-file principle, the default process for application approval until crypto ETFs debuted, the SEC diminishes healthy competition and hinders financial innovation. The letter reads: “The reduced incentive for pioneering product development has broader implications. It diminishes investor choice, compromises market…
Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT In this webinar, Nahum Greenberg, Product Manager of B2Connect at B2BROKER, presents B2Connect, a cryptonative liquidity hub. He discusses how it addresses challenges in fragmented liquidity and connectivity for both digital and traditional assets. The session includes a live demo of B2Connect’s…
Binance Research highlighted several major developments that suggest that crypto is breaking into mainstream finance. Crypto is no longer on the fringes of the financial world. On Friday, June 6, Binance Research released its weekly report, emphasizing that crypto is becoming increasingly integrated with traditional finance. Still, it noted that crypto was among the hardest-hit market segments last week, largely due to political turmoil. Both Bitcoin (BTC) and Ethereum (ETH) entered negative territory this week, weighed down by the public split between Donald Trump and Elon Musk. Their public arguments…
Trump Media & Technology Group, the parent company of Truth Social, has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission following a $2.3 billion raise to build one of the largest Bitcoin treasuries. The registration, announced in a June 5 press release, is tied to recent debt and equity agreements with around 50 investors. These deals include the sale of 55.8 million common shares at $25.72 each and the issuance of $1 billion in zero-coupon convertible notes due 2028, convertible at $34.72 per share. In…
Trump Media’s Truth Social Bitcoin ETF storms into the crypto spotlight with an SEC registration statement, targeting BTC exposure and turbocharging mainstream crypto adoption. Registration Statement Filed: Trump-Linked Truth Social Bitcoin ETF Seeks SEC Nod Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), the company founded and majority-owned by President Donald Trump, announced […] Original
Key Notes The SEC secured a $1.1M judgment after Keith Crews failed to appear in court. Crews allegedly defrauded investors with a fake crypto project “Stemy Coin”. Court imposes permanent ban on Crews from future securities violations. The U.S. Securities and Exchange Commission (SEC) recently secured a legal victory against Keith Crews, who was accused of operating a deceptive cryptocurrency scheme. Crews, sued by the SEC in 2023, failed to appear in court to respond to the charges. Due to his absence, the court issued a default judgment in the…
The SEC chair is fast-tracking a comprehensive regulatory overhaul for crypto, aiming to legitimize markets, eliminate fraud, and unlock massive innovation across the digital asset space. SEC Chair Fast-Tracks Crypto — Key Rules Are Coming U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins placed the regulation of digital assets at the forefront of […] Source BitcoincryptoexchangeExchanges CryptoX Portal