Blockchain Technology

Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg

Metaplanet recently made a significant Bitcoin transfer, sparking rumors of a potential sell-off. However, CEO Simon Gerovich clarified that it was a routine custody operation, with no Bitcoin sold and total holdings remaining at 43,000 BTC. Despite this, the company’s …

Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg Read More »

HSBC completes first tokenized structured product pilot for institutional investors

HSBC has successfully completed its inaugural blockchain-based issuance of a digitally native structured product, utilizing tokenized U.S. dollar-denominated notes in a private placement for institutional investors in Hong Kong. The pilot transaction, facilitated by HSBC in collaboration with Asia-Pacific digital …

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