BlackRock eyes 10% stake in Circle's IPO

BlackRock eyes 10% stake in Circle's IPO

Asset managers BlackRock and ARK Invest have indicated interest in acquiring over $150 million in Circle’s shares BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the…

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GameStop officially confirms first Bitcoin purchase of 4,710 BTC

GameStop officially confirms first Bitcoin purchase of 4,710 BTC

GameStop’s 4,710 Bitcoin purchase marks the first publicly announced BTC purchase by the company since it disclosed plans to move into Bitcoin investment in March. GameStop, the US video game and consumer electronics retailer, has officially announced its first Bitcoin purchase, confirming multiple reports on kicking off BTC investment. GameStop has purchased 4,710 Bitcoin (BTC),…

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Nasdaq files for 21Shares Sui ETF, kicking off SEC review

Nasdaq files for 21Shares Sui ETF, kicking off SEC review

Nasdaq has filed with the SEC to list 21Shares spot Suit ETF, jumpstarting the agency’s review of the proposed listing. Nasdaq has filed for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF) in the US, initiating the Securities and Exchange Commission’s review process. The stock market’s May 23 19b-4 filing, which…

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Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report

Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report

After a year of planning, Cantor Fitzgerald activates crypto lending arm with first Bitcoin-collateralized deals. Wall Street financial firm Cantor Fitzgerald has closed its first Bitcoin lending deal nearly a year after announcing its crypto lending services. According to a May 27 Bloomberg report, Cantor provided Bitcoin-backed loans to FalconX and Maple Finance. FalconX, a…

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Humanoid AI-powered robots duke it out in China fight comp

Humanoid AI-powered robots duke it out in China fight comp

Unitree director Wang Qixin says the robotics company used AI and motion capture to train the robots on real fight moves. Four artificial intelligence-enhanced robots have been put through their paces in a Chinese robot fighting competition, duking it out in kickboxing matches until one was declared the champion. The World Robot Competition Mecha Fighting…

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