Gensler said the SEC needs to work together with token issuers and trading platforms to regulate the industry.
Twitter stock was trading at $37.39 on Monday, representing a complete reversal of gains acquired after Musk announced minority ownership.
Goldman Sachs’ digital asset head Matthew McDermott noted that the company is expanding its presence in tune with the rise in institutional demand for crypto.
Musk put the deal to buy Twitter on hold following unconfirmed reports of the platform’s fake-account volume.
Twitter’s declines show that investors are worried about the deal with Musk despite the fact that the Board has approved the sale.
Calacanis wants at least a $250,000 financial commitment from interested investors, from which he will take an $18,000 fee.
BVNK will use the funds realized from the Series A round to further its push for regulatory approval.
The platform will be powered by the ISK Tokens which will serve as the exclusive asset for the platform’s pioneer Non-Fungible Token (NFT) and also be deployed as the governance token along the line.
Using Highlight’s toolkit, creators can tailor their community’s visual appearance to their preference and design and mint NFTs.
The $25 million seed round is said to be used for the development of the company and the expansion of its team.
Singapore’s sovereign wealth fund, GIC, is the lead investor in the latest Chainalysis funding.
Using the funds, Talos will expand its institutional-grade digital asset platform. The firm will also pursue further expansion into Europe and the Asia-Pacific region.
The proceeds from the pre-Series B round will go to fund expanding KuCoin’s reach beyond centralized trading. KuCoin wants to focus on Web 3, crypto wallets, GameFi, DeFi, and NFT platforms.
Musk’s recent remark about lifting the ban on Trump supports his earlier call for free speech on the social networking platform.
The emergence of the StarryNift ecosystem will be marked with an Anniversary Carnival before the end of May.