Key Highlights: Next Technology’s board has authorized the sale or pledging of its entire treasury holding of 5,833 Bitcoin in one or more tranches. The decision was prompted by heightened security concerns following an incident at Binance, as well as rising threats from AI-driven attacks and prospective quantum computing capabilities. The company reported no direct ...
Key Highlights: A new blockchain pilot successfully demonstrated the integration of tokenized money market fund shares from Franklin Templeton with tokenized HSBC bank deposits. The trial utilized delivery-versus-payment settlement, allowing investments and payments to execute synchronously on the same network to eliminate settlement risk. Uber tested the architecture to explore continuous, 24/7 corporate liquidity management, ...
Key Highlights Metaplanet executed a strategic sale of 10,000 Bitcoin (BTC) to demonstrate balance-sheet liquidity, subsequently buying back an even larger allocation. The company repurchased its Bitcoin holdings at a higher average price than the sale, generating a potential tax loss that remains subject to audit review. For the third quarter, Metaplanet posted an 11.3% ...