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Key Points:K Wave allocates $500M to Bitcoin via stock issuance.K Wave stock surges up to 114% post-announcement.Strategy mirrors Metaplanet’s successful Bitcoin model.
K Wave Media Inc. (NASDAQ: KWM) announced a $500…
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,…
Ripple, the US-based crypto services firm behind the XRP Ledger, has committed $25 million in Ripple USD (RLUSD) to education nonprofits DonorsChoose and Teach For America.According to a May 5…