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ANON Signs LOI to Acquire up to 100 Crypto Mining Rigs
Thenewswire· 2025-12-15 14:00
Core Insights - Anonymous Intelligence Company Inc. has entered into a Letter of Intent to acquire up to 100 operational cryptocurrency mining rigs from Nowlit Solutions Corp for a total consideration of up to $400,000 [1][2] - The acquisition aims to enhance ANON's infrastructure and support its decentralized technology and digital asset strategy [1][4] - Following the transaction, ANON and Nowlit plan to establish a commercial agreement for product development and branding initiatives, including a cryptocurrency cloud mining application [2][4] Financial Details - The total consideration for the transaction is expected to be up to $400,000, payable through a combination of cash and common shares of ANON [2] - ANON may issue 1,000,000 common shares to Nowlit, exercisable at the higher of $0.45 per share or the market price at the time of signing the definitive agreement [2] Strategic Implications - The acquisition is seen as a commitment to building tangible, revenue-driven assets within the blockchain ecosystem [4] - The transaction is expected to enhance ANON's operational output and position the company for future integrations and scalable growth [4] Regulatory and Completion Conditions - Completion of the transaction is subject to satisfactory due diligence, execution of a definitive agreement, and regulatory approvals, including from the Canadian Securities Exchange [3]
VivoPower to Originate 450 Million Underlying XRP Tokens Worth an Estimated $900 Million for Lean Ventures Through Targeted Ripple Labs Share Purchase
Globenewswire· 2025-12-15 13:40
Core Insights - VivoPower's digital asset unit, Vivo Federation, is engaged in a joint venture with Lean Ventures to originate $300 million worth of Ripple Labs shares, translating to approximately 450 million XRP tokens valued at around $900 million [1][2] Group 1: Joint Venture Details - Lean Ventures, a licensed South Korean asset manager, will establish a dedicated investment vehicle to acquire and hold the initial $300 million of Ripple Labs shares sourced by Vivo Federation [3] - Vivo Federation is expected to earn management fees and performance carry, targeting a net economic return of approximately $75 million over three years based on the initial assets under management [2] Group 2: Company Overview - VivoPower, founded in 2014 and listed on Nasdaq since 2016, operates globally with a focus on sustainable energy solutions and has three business units: Tembo, Caret Digital, and Vivo Federation [3] - Tembo specializes in electric solutions for customized fleet applications, while Caret Digital focuses on renewable power use cases, including digital asset mining [3] - Vivo Federation is dedicated to XRPL-based blockchain applications and maintaining exposure to Ripple Labs shares and XRP tokens [3]
X @Cointelegraph
Cointelegraph· 2025-12-15 12:00
🔥 BULLISH: Digital asset products logged $864M in inflows for a third straight week, per CoinShares. https://t.co/m6NkOkugjT ...
X @Chainlink
Chainlink· 2025-12-12 15:48
RT Chainlink Labs (@chainlinklabs)Chainlink Labs’ Head of Public Policy, @adam_minehardt, has been named one of @thehill's Top Lobbyists of 2025.He is one of just three digital asset–focused advocates on the list—alongside Coinbase and Blockchain Association.https://t.co/EpYo9R7TE9 https://t.co/wAZkmSyh2C ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 13:10
WuBlockchain Weekly: CFTC launches a digital asset collateral pilot allowing BTC, ETH and USDC; Binance confirms its global relocation to ADGM; Strategy buys 10,624 BTC; SEC Chair Paul Atkins signals a shift on ICO classification; Argentina moves to lift banks’ crypto ban; a16z reports $46T in stablecoin volume, and more. https://t.co/QH5E7uZJQH ...
X @Bloomberg
Bloomberg· 2025-12-11 22:03
December has already seen the dubious debut of some of the highest profile debutantes in the ever-growing crowded field of digital asset treasury companies https://t.co/o8yNtQT58C ...
Ondo, State Street, Galaxy Digital to Debut SWEEP Liquidity Fund in 2026
Yahoo Finance· 2025-12-11 16:28
Core Insights - Ondo Finance has partnered with State Street Investment Management and Galaxy Asset Management to launch a tokenized private liquidity fund named SWEEP, aimed at integrating traditional cash management on-chain using Galaxy's tokenization infrastructure [1][2] - The SWEEP fund is set to debut on the Solana blockchain in early 2026, with Ondo's flagship product OUSG planning to allocate approximately $200 million as the anchor investor [1][4] - The partnership is expected to enhance OUSG's 24/7 liquidity network, with Galaxy providing the digital infrastructure for the issuance and management of SWEEP tokens [2] Product Details - The State Street Galaxy Onchain Liquidity Sweep Fund will enable investors to transfer cash balances into a digital vehicle, offering continuous access via PayPal's stablecoin, PYUSD [3] - State Street will manage treasury assets for the new fund through its banking division, State Street Bank and Trust Company [3] - OUSG, valued at $770 million, provides investors with tokenized exposure to US treasuries and will benefit from the addition of SWEEP as a high-quality reserve option [4] Regulatory Context - The announcement of the partnership follows the SEC's closure of a two-year investigation into Ondo Finance, which examined whether Ondo's tokenization practices complied with federal policies and if the ONDO token was classified as a security [5] - Despite the investigation, Ondo Finance's OUSG maintains a multichain presence across Ethereum, Solana, Ripple, and Polygon [5] Market Reaction - Market observers suggest that the ongoing partnerships may enhance the visibility and presence of Ondo's native token, ONDO, which experienced a relief rally above the $0.50 mark earlier in the week, although it faced a 5% daily loss on December 11 [6]
Cotton Just Became a Digital Asset, and SMX Is Building its Market Where Proof Sets the Price
Accessnewswire· 2025-12-11 16:00
NEW YORK, NY / ACCESS Newswire / December 11, 2025 / For most of modern history, materials have been commodities with no memory. Cotton is grown, harvested, traded, blended, spun, and finished, and somewhere along the way, its identity disappears into the machinery. ...
Why The Crypto.com-Sirius Partnership Could Signal New Investment Opportunities In UAE Blockchain Stocks
Benzinga· 2025-12-11 15:43
The recent strategic partnership between Crypto.com and Sirius International Holding represents more than just another blockchain announcement. For investors tracking the Middle East digital asset market, this collaboration offers insight into emerging investment themes that could reshape regional technology portfolios over the next several years.The United Arab Emirates has positioned itself as a competitive alternative to traditional crypto hubs, and institutional capital is starting to follow. When major ...
4 Types Of Cryptocurrencies Explained | Fidelity Investments
Fidelity Investments· 2025-12-10 22:35
Are all cryptocurrencies the same? Not quite! In this video, we break down four major types of crypto you need to know about: Bitcoin, Ethereum, Litecoin, and Solana. Learn what makes each unique, their potential pros and cons, and how they fit into the digital asset ecosystem. This video is great for beginners and anyone looking to deepen their crypto knowledge. For more content on each of these cryptocurrencies, head to www.Fidelity.com/LearnCrypto. 00:00 Introduction 04:40 Compare & Contrast Different Co ...