Tag: market rebound

TL;DR Eligible US retail Coinbase customers can now request allocations in IPOs through the Coinbase app. The service is offered through FINRA-registered Coinbase Capital Markets. Oura is the first IPO on the platform, with allocation rules designed to discourage immediate flipping. Coinbase is adding initial public offerings to the list of financial products available inside…

TL;DR The ECB has started preparatory work to invest a small portion of its own-funds portfolio in tokenized euro-denominated securities. Initial eligible assets are expected to include euro-area public-sector and supranational issuers. The future purchases are intended to settle in central-bank money through Pontes; purchases have not yet been executed. The European Central Bank is…

TL;DR The European Central Bank has launched Pontes, a wholesale settlement service for tokenized financial assets. Pontes settles transactions in central-bank money through TARGET Services and DLT interoperability. The system is institutional infrastructure and is separate from the retail digital-euro project. The European Central Bank has launched Pontes, giving institutions a new route for settling…

TL;DR BitMine reported 5,983,940 ETH in its treasury, just short of 6 million tokens. The company valued its combined treasury holdings at $17.1 billion. The disclosure also listed 212 BTC, $714 million in cash and securities, and stakes in Beast Industries and Eightco. BitMine Immersion Technologies has pushed its Ethereum treasury to within touching distance…

TL;DR Strive disclosed the purchase of 1,355 BTC at an average price of about $79,475. Its corporate Bitcoin treasury increased from 25,000 BTC to 26,355 BTC. The disclosure relates to Strive’s own balance sheet, not third-party fund assets. Strive has increased its corporate Bitcoin holdings to 26,355 BTC after disclosing another 1,355 BTC purchase. The…