Digital Assets

Search documents
Cango Inc. Announces Results of Second Extraordinary General Meeting
Prnewswire· 2025-07-17 10:34
Core Viewpoint - Cango Inc. successfully passed all resolutions at its extraordinary general meeting, enabling significant corporate actions including a secondary share sale and an increase in authorized share capital [1][2]. Group 1: Shareholder Meeting Outcomes - All resolutions presented at the extraordinary general meeting were approved with no less than 99.3% of total votes cast in favor, and at least 81% of non-affiliate shareholders supporting each resolution [1]. - The approved resolutions include the execution of a Securities Purchase Agreement for the secondary sale of 10 million Class B ordinary shares for US$70 million [2]. Group 2: Corporate Actions - The resolutions authorize the repurchase of automatically converted Class A ordinary shares and the issuance of an equivalent number of Class B ordinary shares [2]. - Shareholders also approved an increase in the Company's authorized share capital to support future financing and corporate needs [2]. Group 3: Future Steps - The Company plans to file the Fourth Amended and Restated Memorandum and Articles of Association with the Cayman Islands Registrar following the meeting [3]. - The closing of the secondary sale is anticipated around July 22, 2025, subject to customary closing conditions [3]. Group 4: Company Overview - Cango Inc. is primarily engaged in the Bitcoin mining business, with operations across North America, the Middle East, South America, and East Africa [5]. - The Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology and the growing adoption of digital assets [5]. - Cango also operates an online international used car export business through AutoCango.com, facilitating access to high-quality vehicle inventory from China [5].
X @Cointelegraph
Cointelegraph· 2025-07-17 09:03
Regulatory Developments - Thailand's SEC and Bank of Thailand plans to launch a national crypto sandbox [1] - The sandbox will allow foreign tourists to use digital assets in Thailand [1] - The program is expanding beyond the previous Phuket-only pilot program [1]
X @Cointelegraph
Cointelegraph· 2025-07-17 08:30
Regulatory Developments - Thailand's SEC (证监会) and Bank of Thailand (泰国银行) are planning to launch a national crypto sandbox [1] - The crypto sandbox will allow foreign tourists to use digital assets in Thailand [1] - The program is expanding beyond the previous Phuket-only pilot program [1]
Valour Enters Swiss Market with HBAR and ICP Staking ETP Listings on SIX Swiss Exchange
Globenewswire· 2025-07-17 07:00
Core Insights - DeFi Technologies has successfully launched two digital asset exchange traded products (ETPs) on the SIX Swiss Exchange, marking its entry into the Swiss market [1][6] - The newly listed ETPs, 1Valour Hedera (HBAR) and 1Valour Internet Computer (ICP), provide regulated access to digital assets while integrating staking rewards [2][6] Product Details - 1Valour Hedera (HBAR) Physical Staking offers exposure to the Hedera network's native token, HBAR, while capturing staking rewards without requiring users to manage wallets [3] - 1Valour Internet Computer (ICP) Physical Staking provides passive exposure to ICP, enabling investors to participate in the network's native economics through a traditional financial instrument [4] Executive Commentary - Johanna Belitz, Head of Nordics and DACH at Valour, emphasized the significance of the launch on SIX as a milestone in democratizing access to digital assets in Switzerland [5] - Elaine Buehler, Head of Products at Valour, noted the growing institutional and retail appetite for yield-generating digital asset products [5] Market Expansion - With the addition of these products, Valour now offers over 75 ETPs across various European exchanges and aims to reach 100 ETPs by the end of 2025 [5][6]
X @Wu Blockchain
Wu Blockchain· 2025-07-17 05:13
According to the Bangkok Post, Thailand's SEC and central bank are jointly launching a national crypto sandbox to allow foreign tourists to convert digital assets into Thai baht for spending. Tourists can exchange crypto via licensed providers and use the converted baht through regulated e-wallets across the country.https://t.co/zM7PUtMzvr ...
X @Chainlink
Chainlink· 2025-07-17 01:19
We are excited to announce that Westpac Institutional Bank (@Westpac) and Imperium Markets are implementing Chainlink in Project Acacia, a new joint initiative between the Reserve Bank of Australia and Digital Finance CRC (DFCRC).https://t.co/T1ivwmxFFNThe Chainlink Runtime Environment (CRE) is orchestrating secure, seamless, and compliant Delivery vs. Payment (DvP) settlement of tokenized assets across blockchain markets and the existing PayTo Australia domestic payments system. This capability is key to a ...
X @CoinDesk
CoinDesk· 2025-07-16 20:21
RT CoinDesk Podcast Network (@CoinDeskPodcast)And you though the apes were just digital... https://t.co/lPnCuGX9HU ...
Planet Ventures Buys More Bitcoin, Increases Bitcoin Treasury Holdings to 22.81 BTC and Reports Updated Satoshis Per Share
Thenewswire· 2025-07-16 12:00
Company continues to add to their Bitcoin position using existing cash on their balance sheet. Vancouver, BC – TheNewswire – July 16, 2025 – Planet Ventures Inc. (CSE: PXI; OTC: PNXPF; Frankfurt: P6U1) ("Planet Ventures" or the "Company"), an investment issuer focused on technology and digital assets, is pleased to announce that it has capitalized on the recent pullback in Bitcoin prices by acquiring an additional 3.10108521 Bitcoin for a total purchase price of CAD $500,000, funded from its existing ...
VCI Global to Acquire Licensed Fund Manager in Malaysia's Labuan Jurisdiction to Launch Regulated Bitcoin Fund
GlobeNewswire News Room· 2025-07-16 11:48
Core Insights - VCI Global Limited has entered into a definitive agreement to acquire V Capital Fund Management Limited, a licensed fund management company, at a nominal consideration, with the acquisition expected to close in Q3 2025, pending regulatory approvals [1][2] Group 1: Acquisition Details - The acquisition provides VCI Global with immediate access to a regulated asset management framework in Labuan, Malaysia, known for its efficient licensing and tax incentives [2] - VCI Global plans to leverage the acquired license to launch the VCIG Bitcoin Fund, aimed at providing qualified investors with institutional-grade exposure to Bitcoin [3] Group 2: Market Context - The global cryptocurrency market has surpassed approximately US$2.6 trillion in total market capitalization, with Bitcoin accounting for around US$1.2 trillion [4] - Many investors in Asia are underexposed to digital assets due to regulatory hurdles, and VCI Global aims to bridge this gap by offering a secure and transparent investment vehicle for Bitcoin [4] Group 3: Strategic Goals - The acquisition enables VCI Global to operate a fully licensed digital asset fund under a respected offshore regime, positioning Bitcoin as a strategic reserve asset for institutional investors [5]
X @Chainlink
Chainlink· 2025-07-16 02:52
Industry Events & Collaboration - Chainlink 与 Blockchain Association 在华盛顿特区共同举办 Tokenized in America 活动,旨在推进美国下一代金融创新 [1] - Blockchain Association 举办特别活动,Chainlink 参与 [1] Digital Asset Leadership - Blockchain Association 强调美国在数字资产领域的领导机会 [2]