Breaking news from yesterday and thoughts
- Grayscale confidentially filed for an IPO with the SEC. No details yet on share count or valuation, and timing remains flexible.
- SharpLink Gaming is now the largest ETH corporate holder at 280,706 ETH, surpassing the Ethereum Foundation. It bought 74,656 ETH last week for $156M, bringing its total ETH holdings to around $858M. They raised $413M via a stock sale, with $257M still available for more ETH buys.
- Metaplanet revealed that Fidelityâs custody arm, National Financial Services now holds a 12.9% stake, becoming its largest shareholder. The 84.4M shares are worth about $820M.
Metaplanet has raised over $1B this year to build its BTC reserves, after its recent buy, now totaling 16,352 BTC acquired for around $1.64B.
- Standard Chartered has launched BTC and ETH spot trading for institutional clients, becoming the first major global bank to offer regulated, USD/paired crypto trading. Itâll be ran through its UK branch.
- @OndoFinance has acquired @strangelovelabs to boost development of its RWA stack. Former Strangelove CEO Jack Zampolin will join Ondo as VP of Product. This follows Ondoâs $250M RWA investment plan with Pantera and its recent deal to acquire @Oasis_Pro_
- @KaminoFinance is now accepting tokenized stocks as collateral, starting with Appleâs AAPLx. Powered by Chainlinkâs @xStocksFi data standard, this will make Kamino the first major defi lending platform to support tokenized equities. The move is part of their v2 upgrade, aiming to build a full onchain asset marketplace.
Crypto News from Yesterdayđš
Timestamp:
00:12 Ondo acquires Strangelove labs to boost RWA stack
00:43 Sharplink becomes largest ETH corporate holder
01:11 Grayscale confidentially files IPO to SEC
Institutional Bull ft @OndoFinance @Grayscale @SharpLinkGaming @strangelovelabs
9.45K
19
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.