State Street and Galaxy Asset Management plan to launch a tokenized liquidity fund in early 2026 that uses stablecoins for around-the-clock investor flows, expanding the use of public blockchains in institutional cash management, the companies announced Wednesday. The State Street Galaxy Onchain Liquidity Sweep Fund,… Read More
Al Warda Investments, an investment vehicle overseen by the Abu Dhabi Investment Council (ADIC), more than tripled its holdings of BlackRock’s iShares Bitcoin Trust ETF (IBIT) in the third quarter as bitcoin BTC$91,630.84 headed toward October’s record high. The 230% increase took its investment to… Read More
Crypto derivatives startup Lighter has closed a $68 million funding round at a $1.5 billion valuation ahead of its token-generation event, backed by high-profile investors including Founders Fund, Ribbit Capital, Haun Ventures and Robinhood Markets, according to a Fortune report. Founded by Vladimir Novakovski, Lighter… Read More
Cryptocurrency-friendly investment firm Franklin Templeton introduced a blockchain-based money-market fund for professional investors in Hong Kong and said it’s also working on a version for retail investors as it looks to expand its footprint in Asia. The Franklin OnChain U.S. Government Money Fund invests in… Read More
Ethereum-focused digital asset treasury firm ETHZilla (ETHZ) on Froday sold about $40 million ether ETH$4,117.08 from its treasury, so far using some of the cash to repurchase shares of its own stock, the company said on Monday. Since the sale on October 24, the firm… Read More
