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Metalpha Announces 12 Million USD Strategic Investment by Gortune and Avenir Group
Prnewswire· 2025-10-30 12:30
Core Insights - Metalpha Technology Holding Limited has entered into definitive subscription agreements with two strategic investors for a private placement of ordinary shares, raising approximately US$12 million [1][2][3] Group 1: Investment Details - The private placement is expected to close on or about November 30, 2025, subject to customary closing conditions [1] - The net proceeds from this investment will be used to accelerate business development initiatives, expand blockchain trading services, invest in innovative digital asset technologies, and for general working capital [2] Group 2: Company Vision and Strategy - The CEO of Metalpha expressed confidence in the strategic investment, highlighting its role in scaling technology offerings and strengthening market position [3] - The company aims to leverage these resources to drive long-term value for shareholders [3] Group 3: Company Background - Metalpha is recognized as a global leader in blockchain and trading technology solutions, focusing on digital asset management systems, hedging infrastructures, and liquidity solutions [5] - The company is committed to being a major gateway to digital assets in Asia [5] Group 4: Investor Profiles - Gortune International Investment Limited Partnership focuses on corporate M&A, equity investments, and emerging asset investments, particularly in finance, consumption, new energy, and Web3 sectors [6] - Avenir Group is dedicated to integrating traditional finance with digital assets, emphasizing digital asset management and trading platforms, and is noted as Asia's largest institutional Bitcoin ETF holder [7]
EXCLUSIVE: SEGG Media Unveils $300 Million Web3 Strategy To Tokenize Sports And Entertainment
Yahoo Finance· 2025-10-30 11:48
SEGG Media Corporation (NASDAQ:SEGG) (formerly Lottery.com Inc.) on Thursday announced the launch of its Web3 and Digital Asset Strategy. It is a two-year roadmap to generate sustainable on-chain yield, accelerate tokenization across sports and entertainment, and embed blockchain infrastructure into its global media ecosystem. The initiative follows the creation of the SEGG Media Crypto Advisory Board, established to guide governance, risk management, and execution of the company's $300 million Digital As ...
X @The Block
The Block· 2025-10-30 05:12
Hong Kong's top regulator flags digital asset treasury risks: report https://t.co/jrn61iq2CU ...
'Stay Nimble': Standard Chartered Says Bitcoin Is Set For 'Inevitable Dip' Below $100K
Yahoo Finance· 2025-10-30 01:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin is likely to fall below $100,000 before resuming its uptrend, Standard Chartered says. Bitcoin has fallen as much as 19% below its record high of $126,200 over the past two weeks amid trade tensions between the U.S. and China. However, Standard Chartered Global Head of Digital Assets Research Geoffrey Kendrick has said that a further decline below $100,000 may be necessary for the asset to find a b ...
VCI Global’s Smart Bridge Appointed Exclusive Issuer and Treasury Manager for 1 Billion XVIQ Tokens
Globenewswire· 2025-10-29 20:30
Mandate Expected to Drive Recurring Revenues and Long-Term Value Creation Across AI, GPU, and Real-World Asset MarketsKUALA LUMPUR, Malaysia, Oct. 29, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that its subsidiary Smart Bridge Technologies Limited (“Smart Bridge”) has been appointed as the exclusive issuer and treasury manager of the XVIQ token, a next-generation digital asset designed to support AI infrastructure, GPU cloud computing, and real ...
OceanPal in Partnership with NEAR Foundation Announces $120M PIPE Investment to Launch SovereignAI to Buildout Near-Powered AI Infrastructure
Prnewswire· 2025-10-28 13:10
Core Viewpoint - OceanPal Inc. has successfully closed a $120 million private investment in public equity transaction to fund a digital asset treasury strategy through its new subsidiary, SovereignAI Services LLC, aimed at commercializing the NEAR Protocol for AI use cases [1][2][3] Group 1: Investment and Strategy - The net proceeds from the transaction will be utilized to implement a digital asset treasury strategy focused on the NEAR Protocol, which is designed for AI applications [1][2] - SovereignAI aims to acquire at least 10% of the NEAR token supply over time, transitioning from passive accumulation to active infrastructure development [2][4] - The strategy is supported by a world-class advisory board and strategic partners, including the NEAR Foundation, to enhance the execution of its goals [4][6] Group 2: Leadership and Expertise - OceanPal's newly appointed Co-CEO, Sal Ternullo, emphasizes the potential of NEAR as a leading project in the digital asset market, aiming to leverage its AI capabilities for various enterprise sectors [3][4] - The executive team includes COO David Schwed, who has extensive experience in information security and privacy, enhancing the company's operational capabilities [3][4] Group 3: Market Position and Future Outlook - SovereignAI is positioned at the intersection of AI and digital ownership, focusing on building a blockchain-native, confidential AI infrastructure [4][5] - The company plans to capitalize on the growing demand for privacy-first, regulatory-compliant AI solutions across industries such as finance, healthcare, and media [3][4] - OceanPal will continue its core operations in shipping transportation while expanding into the digital asset space through SovereignAI [8][14]
SEC Poised to Approve HBAR ETF — Hedera’s Gregg Bell Calls It ‘New Chapter’ for Regulated Crypto Access
Yahoo Finance· 2025-10-28 13:05
Core Insights - The U.S. Securities and Exchange Commission (SEC) is set to approve the first Hedera and Litecoin exchange-traded funds (ETFs), with listing notices for Bitwise Solana, Canary Litecoin, and Canary HBAR scheduled to go live on October 28 [1] - This development signifies a significant milestone for the digital asset industry in 2025, reflecting increasing acceptance of blockchain networks with practical applications and institutional-grade infrastructure [2] Group 1: Impact on the Digital Asset Ecosystem - The approval of Hedera's ETF is described as a watershed moment for investors and the broader ecosystem, marking the beginning of a new chapter for the industry [3] - The introduction of an HBAR ETF offers regulated access to HBAR, which supports real-world use cases such as tokenized assets and sustainability markets, highlighting Hedera's role as critical infrastructure for global finance [4][5] Group 2: Institutional Access and Market Dynamics - The ETF approvals are part of a broader trend of regulated digital asset products entering traditional markets, indicating a turning point for institutional access to cryptocurrency [6] - The approval of staked Solana ETFs is seen as a significant advancement for institutional access to crypto, with foundational work already laid to meet institutional demand for yield-bearing digital assets [7]
X @s4mmy
s4mmy· 2025-10-27 17:11
Citi + @coinbase x402 = InsaneWhile this announcement is focused on stablecoin utility + adoption, Citi is no stranger to AI infraImagine agents being spun up for each client, autonomously managing client portfolios using x402 micropayments to optimize ROI for the best yieldThis was the landscape from June 2024, let alone October 2025:Brian Armstrong (@brian_armstrong):It’s not a debate anymore - crypto and stablecoins are the tools that will update the global financial system.Excited to be collaborating wi ...
X @Decrypt
Decrypt· 2025-10-27 15:26
IBM Debuts 'Digital Asset Haven' Platform for Governments and Institutions► https://t.co/ZtuDLTBn5s https://t.co/ZtuDLTBn5s ...
IBM Debuts 'Digital Asset Haven' Platform for Governments and Institutions
Yahoo Finance· 2025-10-27 15:26
Core Insights - IBM is launching a new blockchain platform called IBM Digital Asset Haven in collaboration with Dfns, aimed at helping governments and institutions manage digital asset operations securely [1][2] - The platform will consolidate fragmented systems, offering features such as wallet creation, transaction execution, programmable governance, and secure key management, facilitating easier entry into the blockchain space for enterprises [2][3] - The platform is expected to be available as a software-as-a-service (SaaS) in Q4 2023, with on-premise launches planned for Q2 2026 [3] Company Developments - Dfns, the crypto infrastructure firm partnering with IBM, previously raised $13.5 million in a seed round in 2022 and announced a Series A raise of $16 million earlier this year [4] - IBM has a history of blockchain initiatives dating back to 2016, including collaborations with Walmart for tracking shrimp imports and creating a blockchain network for COVID-19 recovery efforts [5] - IBM's stock has seen a year-to-date increase of over 40%, trading at nearly $309 [5]