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Amsterdam-based Theta Capital Management seeks $200 million for its fifth blockchain venture fund, targeting investments in 15 digital asset VCs. The fund aims for a 25% net internal rate of return amid growing institutional interest in cryptocurrency investments.
AI infrastructure firm Fluidstack secures a $3 billion, 10-year agreement with crypto miner Cipher for 168 MW of IT load, with Google backing $1.4 billion of lease obligations for a 5.4% equity stake.
Juizi Holdings board approved up to $1 billion for cryptocurrency treasury investments in Bitcoin, Ethereum, and BNB as long-term value stores against economic uncertainties.
Dubai’s Bybit cryptocurrency exchange launches 24/5 trading for select stock CFDs, expanding from 6.5 daily hours to reduce timezone barriers for global traders.
Financial services firm Strive Inc., co-founded by Ohio gubernatorial candidate Vivek Ramaswamy, has acquired medical technology company Semler Scientific in an all-stock transaction that combines their Bitcoin treasuries into a substantial cryptocurrency holding.
Michigan’s House Bill 4087 proposes establishing a cryptocurrency reserve using up to 10% of select state funds to help stabilize revenue and employment during economic recessions.
Circle’s Cross-Chain Transfer Protocol V2 now supports Stellar, allowing users to move USDC across 15 networks including Ethereum and Solana without needing Circle accounts.
Bullish US Operations LLC secures dual regulatory approval from New York’s financial regulator, marking a major milestone for the publicly-traded crypto platform.
The Swiss Banking Alliance successfully conducted its first legally binding bank payment transaction using public blockchain technology. The pilot program tested deposit tokens and smart contracts across multiple banks.
PayPal introduces “PayPal links” for P2P payments via shareable URLs, with Bitcoin, Ethereum, and PYUSD integration coming soon to enable instant cross-border transactions.