Blockchain
Search documents
Reliance Global Group Adds Bitcoin to Treasury Holdings
Ventureburn· 2025-09-30 07:32
Core Viewpoint - Reliance Global Group has made its first Bitcoin purchase as part of its Digital Asset Treasury initiative, marking a significant step in its digital asset strategy [2][3][5] Company Strategy - The acquisition of Bitcoin follows earlier investments in Ethereum and Cardano, creating a diversified portfolio of major blockchain assets [2][3][6] - Chairman and CEO Ezra Beyman described the Bitcoin purchase as a natural progression in building a resilient treasury [3] Investment Rationale - Reliance views Bitcoin as a store of value rather than a speculative asset, citing its capped supply of 21 million coins, strong security model, global liquidity, and growing institutional adoption as key reasons for the investment [4][5] - The company highlighted that Bitcoin processed approximately $19 trillion in transactions in 2024, more than doubling from the previous year, indicating rising usage [4] Broader Digital Asset Initiative - The company's digital asset strategy includes holding Bitcoin, Ethereum, and Cardano, which provides exposure to payments, smart contracts, and decentralized finance [6][12] - Reliance emphasizes compliance, transparency, and secure custody as central to managing its digital assets [7] Industry Context - Reliance joins a growing list of Nasdaq and NYSE-listed companies that have added Bitcoin to their balance sheets, reflecting a shift towards blockchain innovation in traditional financial services [8][13] - The company's move is seen as a hedge strategy and may signal that more small-to-midsized firms could consider adding crypto exposure [10] Future Outlook - Reliance indicates that further acquisitions may follow as it expands its digital asset focus beyond treasury management, while maintaining regulatory compliance [11] - The current holdings of Bitcoin, Ethereum, and Cardano are viewed as foundational to the company's strategy in adapting to financial technology [12][13]
X @Solana
Solana· 2025-09-30 03:42
RT Animoca Brands ✈️TOKEN2049 🏎️🏁 (@animocabrands). @joinrepublic, a leading global investment platform, today announced its plans to tokenize our equity.This initiative by Republic will provide a new avenue for global investors to gain exposure to Animoca Brands, which boasts a vast portfolio of over 600 leading Web3 investments, and leverages tokenization and blockchain to deliver digital property rights to consumers. ...
SEC Suspends Trading of QMMM Shares, Alleging Crypto Stock Pump
PYMNTS.com· 2025-09-30 01:09
Core Viewpoint - The SEC suspended trading of QMMM shares due to concerns that its recent price surge was driven by social media rather than fundamental business performance, highlighting the risks associated with speculative trading in the crypto sector [2][3][5]. Company Summary - QMMM, a Hong Kong-based digital media firm, experienced a dramatic increase in share price after announcing a $100 million investment in a diversified cryptocurrency treasury, which was perceived as an attempt to capitalize on market trends [3][4]. - The company's core business in digital advertising lacks a clear synergy with its new focus on cryptocurrency, raising questions about the strategic nature of this pivot [6][7]. Industry Summary - The incident with QMMM illustrates the rapid pace of speculative trading influenced by social media, where narratives can shift market sentiment in a matter of days or hours [8]. - Retail investors are playing a significant role in price movements, particularly in small-cap stocks, which can lead to herd behavior and increased volatility [9]. - Regulatory bodies are reinforcing the importance of market integrity and disclosure, as evidenced by the SEC's intervention in QMMM's trading, emphasizing that exuberant market narratives have their limits [9][10].
X @BNB Chain
BNB Chain· 2025-09-30 00:00
Trading demands speed.That’s why benchmarks for trading-focused blockchains matter—and why we’re designing the right ones.Full breakdown 👇https://t.co/8pi5BgFMHV ...
X @Nick Szabo
Nick Szabo· 2025-09-29 23:20
RT Schmidty (@bitschmidty)> datacarriersize in a broken stateI assume this refers to the change to allow multiple op_returns, but maintain the total “payload” (arbitrary data) totaled across those op_returns. So the same op_return setting value in a previous Bitcoin Core version would allow the same payload as it would in Bitcoin Core v30. Greg summarizes the rationale as “The motivation for doing this is for situations where you cannot commit to all data efficiently otherwise. Think SIGHASH_SINGLE | ACP sc ...
X @aixbt
aixbt· 2025-09-29 22:21
linea runs production tests with jpmorgan, bnp paribas, bny mellon, hsbc and santander for swift's blockchain settlement system. consensys built the infrastructure that replaces $150b in annual settlement delays. trades at same fdv as scroll despite being chosen for global banking rails. ...
X @Decrypt
Decrypt· 2025-09-29 21:05
SWIFT partners with Consensys and major banks to build blockchain prototype for real-time cross-border payments on Ethereum infrastructure.Read more: https://t.co/N4TjbmdtWW ...
SOL USD Technical Analysis For The End of September
Yahoo Finance· 2025-09-29 20:33
SOL USD Technical Analysis is one to behold. As we will see on the charts below, it is quite unpredictable and volatile. But as ETFs are yet to be approved, it seems like believers in the blockchain are accumulating the coin. What are people supposed to look for when it comes to price, if they want to buy? Follow along and find out! TraderDaink is one of the many traders who has a position on SOL. He is currently in profit and believes we have more upward momentum ahead. Daink is a seasoned, profitable tr ...
Citi Integrates Token Services Platform With Clearing Solution
PYMNTS.com· 2025-09-29 20:03
Core Insights - Citi plans to integrate its blockchain-based token services platform with its clearing solution to enhance cross-border payment capabilities for institutional customers in the U.K. and U.S. [2][4] Group 1: Integration and Capabilities - The integration will enable a 24/7, multibank cross-border instant payments capability, marking an industry first [2][4] - This solution allows corporate and financial institution clients to initiate payment transactions and manage liquidity almost instantaneously across Citi and non-Citi accounts worldwide [3][4] Group 2: Network and Market Reach - Citi's 24/7 USD Clearing solution supports over 250 banks across more than 40 markets, providing round-the-clock connectivity [4] - The service is initially rolling out in the U.S. and U.K., with plans for future expansion to other regions [4] Group 3: Recent Collaborations - Citi recently integrated its cross-border payments solution with Dandelion's digital wallet network, allowing near-instant payments to digital wallets globally [5][6] - This capability will initially be available in Bangladesh, Colombia, Indonesia, and the Philippines, with future expansion plans [5][6] Group 4: Targeted Solutions - The new offerings enhance Citi's services for financial institutions, particularly in the remittances space, and enable faster B2C payments for corporate clients [6][7] - The solution addresses the growing need for B2C payments into wallets, including payroll, expense reimbursements, and social benefits [7]