Galaxy, Multicoin, Jump Crypto Plan $1 Billion Solana Treasury
Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly working to raise $1 billion for a dedicated solana treasury. The plan would create the largest structured reserve of solana to date, signaling deep instit...
Original source
Read on Bitcoin NewsRelated market context
Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve
The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles...
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...
Ethena Commits $250M to Securitize’s STAC as $1.3T CLO Market Expands to Solana
Key Takeaways: Securitize now has its tokenized AAA CLO fund (STAC) extended to Solana. Ethena will contribute $250 million to STA...
Cardano Discord Migration Plan After X Drama for Governance
Key Takeaways: Charles Hoskinson is looking to move these Cardano community discussions from X to Discord. All cardano and midnigh...
SpaceX’s $75 Billion IPO at $135 Sparks Fresh Crypto Bets
Key Takeaways: SpaceX’s IPO was priced at $135 a share to raise a record $75 billion. Offering will value the company at about $1....
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...