Thu 08 May 2025 ▪
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Saudi Arabia is dipping its toes on both sides of the aisle by blowing hot and cold with the US and BRICS. The Kingdom of Saudi Arabia had paused the…
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In brief
eToro has launched its U.S. IPO roadshow, offering 10 million Class A shares at $46-50 each, targeting a valuation between $3.7-4 billion.
The trading platform emphasizes its early adoption of…
BlackRock’s IBIT Bitcoin (BTC) ETF has been on a buying spree since late April. According to Farside Investors, the world’s largest asset manager has purchased $1.5 billion worth of BTC…
Reason to trust
…
Shir
Shalom, who recently departed from eToro after nearly four years leading various projects related to risk management, has been appointed as Head of the Economic Department at Phoenix
Financial. The move
comes…
In brief
Spark, part of the Sky (formerly MakerDAO) ecosystem, has allocated another $1B to tokenized U.S. Treasury-backed RWAs, raising its total TVL to $2.4B.
The new funds go to BlackRock/Securitize’s BUIDL,…
On-chain data shows the cryptocurrency market as a whole has witnessed capital inflows of nearly $19 billion while Bitcoin and others have gone through their recovery.
Crypto Market Has Enjoyed Net…
In brief
Bernstein analysts are predicting that companies will buy $330 billion in Bitcoin over the next five years.
A lot of the acquisitions will come from Strategy—formerly MicroStrategy—buying the asset.
But…