Core Scientific plans $3.3B debt raise to fund AI data center push
In recent developments, the miner plans to refinance short-term debt and scale its US infrastructure as the broader industry pivots toward AI and high-performance computing. Looking closer, market participants highlight…
UK plans payments rule changes for stablecoins, tokenized deposits
In recent developments, the UK government plans a stablecoin and tokenization rules overhaul, appointing former FCA official Chris Woolard to support work on its digital markets strategy. Looking closer, market…
UK Gas Firm Faces Pushback Over Plans to Mine Bitcoin
In recent developments, reabold Resources faced criticism for plans to use a gas field to mine Bitcoin, but said serving U.K. energy demand remains its main focus. Looking closer, market…
Flow Capital plans to tokenize $150M private credit fund via DigiFT: Report
In recent developments, bloomberg reported Flow Capital plans to tokenize its private credit fund to raise additional capital, but crypto execs warn tokenization doesn’t magically make hard-to-trade assets liquid. Looking…
Boyaa Interactive Plans $70 Million in Further Cryptocurrency Acquisitions
In recent developments, hong Kong’s Boyaa Interactive International seeks shareholder approval to invest up to $70 million in cryptocurrencies to bolster its Web3 gaming ecosystem. Boyaa Interactive International Limited announced…
Strive plans to raise $150M to pay down debt and buy more Bitcoin
In recent developments, the company also plans private debt-for-equity swaps for some holders of the Semler convertible notes that may shrink its offering size. Looking closer, market participants highlight key…
‘We still plan to remain private,‘ says Ripple president on IPO plans
In recent developments, the reiteration of the payment company‘s plans not to pursue a public offering followed a $500 million fundraise in November, leading to a $40 billion valuation for…
Trump Media plans 1:1 blockchain token rewards for shareholders
In recent developments, the company plans to distribute a crypto token per share to shareholders, but the tokens do not represent shares or rights in Trump Media. Looking closer, market…
How the UK plans to regulate crypto like traditional finance
In recent developments, the UK plans to bring crypto in line with traditional finance by 2027, with FCA proposals shaping trading platforms, DeFi and oversight of political donations. Looking closer,…
