Asset
Asset Entities Rallies on Strive Merger to Make Bitcoin Play
Shares in the marketing firm Asset Entities (ASST) rose 52% in after-hours trading on Tuesday after its shareholders approved a merger with Vivek Ramaswamy’s Strive Enterprises to form a Bitcoin treasury company. Asset Entities said on Tuesday that a “strong majority” of shareholders voted for the merger with plans to raise $1.5 billion to buy […]
Crypto Asset Manager 21Shares Files for Spot SEI ETF
Crypto asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund tracking the price of SEI, following Canary Capital’s application in April. The S-1 registration statement filed with the SEC on Thursday proposes to use crypto price index provider CF Benchmarks to track the price of SEI, […]
Pantera Bets $300M On Digital Asset Treasuries Over ETFs
Crypto venture capital firm Pantera Capital has invested $300 million into companies with crypto treasuries, predicting that their yields will be better than crypto exchange-traded funds (ETFs). Pantera’s general partner, Cosmo Jiang, and content head Erik Lowe said on Tuesday that digital asset treasuries (DATs) “can generate yield to grow net asset value per share, […]