9 год тому
Tether submits all-cash bid for Exor’s Juventus stake and plans €1 billion club investment
On Friday, stablecoin issuer Tether said it has lodged an all-cash proposal to buy Exor’s entire stake in Italian football club Juventus, after purchasing a minority interest in the team in February. If the deal is completed, the company plans to commit 1 billion Euros to support and develop the club while it explores a share sale targeting up to $20 billion at a roughly $500 billion valuation.
JUV
JUV+25.00%
9 год тому
12-2
Vanguard Opens Platform to Crypto ETFs Holding Bitcoin, XRP, and Solana
Vanguard, the world's second-largest asset manager with over $11 trillion under management, will begin allowing cryptocurrency ETFs and mutual funds to trade on its platform starting Tuesday. The firm cited evolving investor preferences and improved fund stability as reasons for the policy shift. The move marks a reversal from its previous stance against offering crypto-related products, including spot bitcoin ETFs launched by competitors BlackRock and Fidelity.
BTC
BTC-2.51%
12-2
11-26
JPMorgan Files Structured Note Offering 1.5x Returns Tied to BlackRock Bitcoin ETF
JPMorgan Chase filed a prospectus with the SEC on Monday for a structured note linked to BlackRock's iShares Bitcoin Trust ETF (IBIT). The instrument offers investors a 16% guaranteed return if IBIT maintains or exceeds a set price level in one year, or up to 1.5x uncapped returns by 2028 if the fund initially declines but then appreciates. The note includes downside protection up to 30% losses.
BTC
BTC-2.51%
11-26
11-24
BitMine Acquires 69,822 ETH in Past Week, Now Holds 3,629,701 ETH Representing 3% of Circulating Supply
BitMine Immersion Technologies acquired 69,822 ETH over the past week, bringing total holdings to 3,629,701 ETH—approximately 3% of Ethereum's circulating supply, the company announced Monday. The treasury is valued at $10.2 billion with ETH trading around $2,800. ETH has declined nearly 30% over the past month, reducing the portfolio's value from over $12 billion two weeks earlier.
ETH
ETH-5.25%
11-24