Plans
ETHZilla Plans $350M Raise to Expand Ether Treasury and Yield Strategy
Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network […]
Forward Industries Plans $4B Share Sale to Back Solana Treasury
Nasdaq-listed company Forward Industries filed for an at-the-market (ATM) equity offering program of up to $4 billion, giving the company flexibility to sell shares over time to support its Solana-focused treasury strategy. On Wednesday, Forward Industries announced that the program will allow it to issue and sell common stock through sales agent Cantor Fitzgerald. The […]
Crypto Retirement Plans Flash $200K Bitcoin Signal Despite Downturn: Finance Redefined
Despite this week’s market downturn, some analysts predict that the inclusion of digital assets in US 401(k) retirement plans may unlock billions of dollars in new inflows by the fall, potentially driving Bitcoin to record highs. This “bullish” development may push Bitcoin (BTC) above $200,000 before the end of the year, signaling another $122 billion […]
Japanese 3D Housing Firm Plans Bitcoin Buy After NFT Housing Initiative
Japan-based 3D printed housing firm Lib Work Co has become the latest non-crypto native firm to buy Bitcoin for its corporate treasury, coming just a month after launching an initiative that uses non-fungible tokens to store house designs. In a Monday statement following its board meeting, LibWork announced plans to purchase 500 million Japanese yen […]
Thailand Plans Crypto to Baht Payment Sandbox for Tourists
Thailand is reportedly planning a nationwide regulatory sandbox allowing foreign visitors to convert crypto into local currency for electronic payments in a bid to boost tourism. Known as TouristDigiPay, the scheme is expected to go live on Monday and allow users to exchange cryptocurrencies for Thai baht and make electronic payments through e-money service providers, […]
LayerZero Plans $110M Acquisition of Stargate Bridge
The LayerZero Foundation, which backs the cross-blockchain messaging protocol LayerZero, proposed acquiring the crypto protocol Stargate for $110 million, which has boosted the tokens tied to both projects. LayerZero laid out the plan in a post to Stargate’s forum on Sunday, pitching the offer as “designed to accelerate both Stargate and LayerZero, giving Stargate the […]
World Liberty Financial Plans $1.5B Public Company to Hold WLFI Tokens
Trump-Backed Crypto Venture Explores Publicly Traded Company Structure World Liberty Financial, a crypto venture supported by the Trump family, is planning to create a publicly traded company to hold its WLFI tokens. The company aims to raise approximately $1.5 billion through this new structure. Although the deal details are still being finalized, major investors in […]