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A real-world asset tokenization platform has acquired a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, decentralized finance (DeFi) and tokenization project Ondo Finance (ONDO) says it’s acquired the broker-dealer Oasis Pro as a means of bringing regulated tokenized securities to blockchains. “On the 250th birthday of America, we are proud to announce we’re taking the next step in our mission to bring financial markets onchain. Ondo is acquiring Oasis Pro – including its SEC-registered broker-dealer, Alternative Trading System (ATS), and Transfer Agent – laying the groundwork for Ondo to develop a regulated tokenized securities ecosystem for blockchain-based financial products for US investors.” Real-world tokenization enables investors to represent ownership of physical assets, such as stocks or real estate, as tokens on a blockchain, making them easily inter...

Circle, the largest United States-domiciled stablecoin issuer, had an explosive first day of trading as it launched its initial public offering (IPO), rocketing to a peak of over $103 from an IPO price of $31. This increase in stock price values Circle at approximately $20 billion. This increase, besides suggesting that Circle could have priced its IPO higher, also leads to an interesting comparison with one of the earlier major US public offerings, Coinbase. ANALYSIS: Does the Circle IPO value Tether at $316B? Read more: Circle vs. Tether: What’s in the reserves? Coinbase didn’t use an IPO but instead had existing shareholders sell directly, with an initial reference price of $250. However, it actually opened at $381 and ended its first day of trading lower at $328. At the closing of its first day, Coinbase had a fully diluted valuation of approximately $85 billion . The relationship between Coinbase and Circle Coinbase and Circle are both co-fo...

Ripple is making a major push into institutional finance with a $1.25 billion acquisition of prime brokerage firm Hidden Road, a deal that could significantly influence future demand for XRP.  Announced on April 8, the deal marks one of the largest in the crypto space to date and will make Ripple the first crypto firm to own and operate a global, multi-asset prime broker. By folding in Ripple’s RLUSD stablecoin and tapping into the XRP Ledger for faster settlement, the acquisition could significantly boost XRP’s real-world use and with it, long-term demand. How Ripple’s Hidden Road acquisition could impact XRP demand Jake Claver, Managing Director of Digital Ascension Group, broke down the significance of Ripple’s $1.25 billion acquisition of Hidden Road in a recent post on X. What happens when just a fraction of that $10B daily volume starts settling through XRP? Demand skyrockets. These aren't retail traders—these are hedge funds and market makers w...

Japan-based Metaplanet bought an additional 696 Bitcoin earlier today to push its total holdings to 4,046 BTC after the firm reported robust income from its Bitcoin holdings in the first quarter of this year. According to an April 1 announcement , the firm’s latest acquisition was executed at an average purchase price of 14,586,230 yen, or around $97,512 per Bitcoin.  Metaplanet Generated Over 770M Yen Through Bitcoin Options Alongside the BTC purchase, Metaplanet also announced that it earned 770.3 million yen in revenue from Bitcoin put options that it bought at the beginning of the quarter. These options are futures contracts that bet on the price of the underlying asset going down. Metaplanet has acquired 696 BTC, increasing total holdings to 4,046 BTC. Our Bitcoin Income Generation business delivered ¥770 million in Q1 revenue. BTC Yield YTD reached 95.6%. pic.twitter.com/Kp92NntKti — Simon Gerovich (@gerovich) April 1, 2025 Back when Metaplanet wrote ...

In what is certainly a testament to the crypto’s health, Bitcoin miner Marathon Digital has announced a plan to raise $250 million to purchase more BTC. Indeed, the firm took to X (formerly Twitter) to unveil the plan. Specifically, it revealed a “proposed private offering” of convertible senior notes. In a press release, the firm stated that “net proceeds from the sale of the notes” will be used to acquire Bitcoin. Marathon Digital had increased its BTC stash notably last month. Over the course of July, the company added more than $124 million worth of the leading cryptocurrency. JUST IN: #Bitcoin miner Marathon Digital to raise $250,000,000 to purchase more $BTC. — Watcher.Guru (@WatcherGuru) August 12, 2024 Also Read: Marathon Digital Increased Bitcoin Holdings by $124M in July Marathon Digital Announces Plan to Add $250M in Bitcoin to Holdings August has been an interesting month for Bitcoin. Although the leading cryptocurrency thrived in 2024, it...