Strategy Recommends Neutral Indexing Approach in MSCI Digital-Asset Consultation
TLDR: Strategy emphasizes DATs are operating companies, not passive investment funds. MSCI’s 50% digital-asset rule is arbitrary...
A16z Crypto Expands to Seoul, Appoints Sungmo Park as Regional Head
TLDR A16z crypto opens its first Asian office in Seoul to strengthen its presence in the region. Sungmo Park, formerly at Monad Fo...
Bhutan Debuts TER Gold-Backed Token on Solana
The Himalayan kingdom introduced TER, a Solana-based token backed by physical gold and issued through Gelephu Mindfulness City.
Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stable...
The team behind the Celo-based app is joining Stripe, while the intellectual property is returned to cLabs.
A16z Crypto to Open Seoul Office, Hire Sungmo Park to Lead Asia Efforts
Andreessen Horowitz's crypto venture capital unit pointed to high levels of crypto ownership in South Korea and Singapore, and gro...
Surf Raises $15M to Build AI Model Tailored to Crypto Research
Pantera Capital led the round, with Coinbase Ventures and Digital Currency Group also participating.
JPMorgan Flags $2.8B Risk as MSCI May Drop Strategy from Indices
TLDR JPMorgan warned that Strategy may be removed from the MSCI indices on January 15. The removal could lead to passive outflows...
Anthony Scaramucci-Backed AVAX One Approves $40M Stock Buyback
Digital asset treasury firms are increasingly turning to share buybacks to arrest plunging stock prices as investor demand sours.
Crypto Exchange Ripio Reveals $100M Crypto Treasury, Second Largest in Latin Ame...
The company's holdings, which include bitcoin and ether, have been managed through trading and hedging strategies since 2017.