FTX Estate Wants to Hedge Bitcoin, Ethereum With Mike Novogratz's Galaxy Digital
FTX wants to also sell and stake some of its crypto, hedging the company from “extreme and unpredictable price movements,” says a new filing.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum 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
Grant Cardone: Real Estate “Armageddon” Is Here – Why BITCOIN is the Hedge
Bitcoin Magazine Grant Cardone: Real Estate “Armageddon” Is Here – Why BITCOIN is the Hedge Commercial real estate is facing a his...
SEC staff’s staking-token split spotlights the exit risks behind staked ETH tokens
An ETH holder can sell a liquid-staking token while the ETH behind it remains staked. A Sept. 25 SEC staff FAQ draws a conditional...
Ethereum is not instant, but collateral could make it feel that way
When a payment app tells you a transfer is complete, you start making decisions. You hand over whatever you've sold, spend the mon...
Strategy Wants To Pay Preferred Stock Dividends Every Day
TL;DR Strategy is asking shareholders to approve daily dividend record dates for STRC, STRD, STRF and STRK. The proposed change wo...
ARK partners with Securitize to put a venture fund on Ethereum, but leaves exit doors locked
ARK Invest and Securitize announced on Sept. 24 that eligible investors would be able to hold tokenized interests in the ARK Ventu...
SEC’s Hester Peirce wants to end crypto’s KYC honeypots before stablecoin rules create more of them
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce wants financial firms to stop stockpiling customer data aft...