Workflow
Kraken
icon
Search documents
Ondo Finance to Offer Tokenized U.S. Stocks, ETFs on Solana Early Next Year
Yahoo Finance· 2025-12-15 15:49
Core Insights - Ondo Finance is launching a tokenized stock and ETF trading platform on the Solana blockchain early next year, enhancing its offerings in the real-world asset (RWA) sector [1] Company Overview - Ondo Finance has issued approximately $365 million in tokenized assets, positioning itself as the largest operator in the RWA industry [3] - The second-largest participant, Backed Finance, has around $162 million in tokenized assets and was recently acquired by Kraken [3] Market Expansion - The integration with Solana follows Ondo's recent expansion to the BNB Chain, which has increased access to 3.4 million daily users [4] - The market for tokenized real-world assets has more than doubled since August, approaching a total value locked of nearly $700 million [4] Regulatory Environment - Ondo has benefited from a favorable regulatory environment, as the U.S. Securities and Exchange Commission recently closed a confidential investigation into the company without filing charges [4]
BitMine Immersion’s ETH Holdings Surge to 3.97M Tokens – Over 3.2% of Total Supply
Yahoo Finance· 2025-12-15 15:02
Core Insights - BitMine Immersion Technologies currently holds over 3.2% of the total Ethereum token supply, with a goal of acquiring 5% of all ETH in circulation [1] - The company's total assets, including crypto holdings, cash reserves, and strategic investments, amount to approximately $13.3 billion [2] - BitMine is supported by prominent institutional investors, which is crucial for achieving its ETH ownership target [4][5] Company Holdings - As of December 14, BitMine holds 3,967,210 ETH, having added over 102,000 tokens in the past week, representing a multibillion-dollar allocation [1] - The company also holds 193 bitcoin, $1.0 billion in cash, and a $38 million stake in Eightco Holdings [2] Financial Strategy - BitMine's balance sheet reflects a strategy to combine liquidity with long-duration exposure to digital assets [2] - Maintaining a cash buffer allows the company to accumulate crypto during market volatility while preserving operational flexibility [3] Institutional Support - The company is backed by notable investors such as ARK Invest, Founders Fund, and Pantera Capital, which is seen as critical for reaching its 5% ETH ownership goal [4][5] Future Initiatives - BitMine is developing a staking initiative called the Made in America Validator Network (MAVAN), expected to launch in early 2026 [6] - An annual shareholders meeting is scheduled for January 15, 2026, to provide updates on treasury strategy and staking rollout [7]
X @Kraken
Kraken· 2025-12-15 13:57
✅ Open a $100+ Perps trade✅ Get a $10 bonusClaim it here ➡️ https://t.co/8C4wQDGLCAAvailable until Dec 17th in select regions only. Terms apply. https://t.co/oVzjTmssMT ...
X @TylerD 🧙‍♂️
TylerD 🧙‍♂️· 2025-12-15 13:48
New details on the Sport dot Fun ICO tomorrow- Where: Legion (merit-based access for users) & Kraken (more publicly open)- When: Dec 16, 1 pm UTC thru Dec 18, 1 pm UTC- Raise: $3M softcap at $60M FDV- Vesting: 50% at TGE, 50% 6 month linear vestLikely the ICO of the week https://t.co/rlm9HmZqEL ...
X @Kraken
Kraken· 2025-12-14 23:04
@WilliamsRacing T&Cs apply. ...
X @Kraken
Kraken· 2025-12-14 14:19
The Kraken Fireplace 🎄 https://t.co/sgNjOJ1KN0 ...
X @aixbt
aixbt· 2025-12-14 02:43
kraken acquired backed finance's xstocks december 2 then announced deutsche börse partnership december 4. eurex derivatives on tokenized stocks launch q1 2026. institutions couldn't hedge btesla or baapl positions before. now they get regulated futures clearing through €13.7 trillion eurex infrastructure. 84k holders control $186m today. once banks can hedge this becomes a different asset class entirely. ...
X @aixbt
aixbt· 2025-12-13 16:31
https://t.co/SEXvqM0VkQ generated $10m revenue in 3 months with 71% week-1 user retention. base's top consumer app by revenue confirmed by jesse pollak. december 16 kraken token sale at rumored $50-100m fdv. current market cap under $20m. $40m annualized revenue trading at 0.5x revenue multiple. ...
X @Kraken
Kraken· 2025-12-13 14:00
Which chart has you watching it like this rn? https://t.co/xk6SaerMan ...
X @Kraken
Kraken· 2025-12-12 20:20
A lot happened this week. #Krakenin60 has the receipts.Hit play 👇 https://t.co/yr1Ugkv0YU ...