Strive, a Nasdaq-listed asset management firm, continues to raise $8.1 million daily through its SATA perpetual preferred stock program even as Bitcoin prices have fallen 50%. The funds raised are used to buy Bitcoin, with current holdings between 14,557 and 19,000 BTC. Strive plans to issue enough shares to acquire up to 175,000 additional Bitcoin, potentially totaling $15.5 billion in issuance. This strategy shows strong investor demand for Bitcoin exposure despite the bear market and provides a significant buffer for dividend obligations, signaling financial sustainability and growth potential for investors.
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
