FTX Pledges Up to $1 Billion for Philanthropic Fund to 'Improve Humanity'
The new fund will invest in nonprofit and for-profit projects—with a focus on AI and "reducing catastrophic biorisk," among other areas.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Aviva Invests $66 Million in Tokenized Sterling Fund on XRP Ledger
Aviva has invested $66 million in a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger. The launch extends its...
BNB Chain leads all blockchains in tokenized fund growth, adding $3.7 billion
BNB Chain's rapid growth in tokenized funds highlights the increasing demand for blockchain-based financial products, reshaping tr...
Ripple connects XRP Ledger to a £22 billion investment giant while chasing the next wave of corporate money
Ripple expanded its institutional reach Monday as Aviva added another tokenized fund share class to the XRP Ledger (XRPL). The Bri...
SEC’s Crypto Custody Proposal Could Change How Funds Hold Digital Assets
TL;DR: The SEC has proposed a tailored crypto custody framework for advisers and regulated funds, but the changes are not yet fina...
Jason Calacanis tells investors to sell Bitcoin, predicts a slide to $57,000
Calacanis's Bitcoin skepticism highlights a potential shift in investment focus towards AI, challenging traditional crypto value p...
Ark Invest buys $5.2 million of Circle shares, sells $15.9 million of its own Bitcoin ETF as BTC grinds lower
Ark Invest rebalanced its fund weightings, adding Circle shares and trimming its Bitcoin ETF holdings as BTC fell below $80,000.