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Stock Markets · TokyoMetaplanet (3350), the largest Japanese bitcoin (BTC) treasury company, plans to raise a net 204.1 billion yen ($1.4 billion) in an international share sale to bolster its holdings of the largest cryptocurrency.The Tokyo-based company, which already owns 20,136 BTC and has the sixth-largest stash among publicly traded companies worldwide, said it priced the 385 million new shares at 553 yen each. Its stock surged 16% to 714 yen on Wednesday on r…See the Story
Metaplanet (3350) to Raise $1.4B in International Share Sale, Stock Jumps 16%
Coverage: 2 sources
Wall Street · New YorkIn case you thought that blockchain was just for crypto, Nasdaq may want to have a word. It petitioned the Securities and Exchange Commission Monday for permission to tokenize US securities, including stocks and exchange-traded products. The setup it’s proposing would allow investors to choose how their trades are executed: the traditional way or via a distributed ledger. If they choose the latter, the Depository Trust Corporation would handle t…See the Story
Nasdaq Seeks SEC Approval for Tokenized Trading
100% Center coverage: 1 sources
CryptocurrencyIn a major announcement, decentralized lending platform Avalaon Labs completed its $1.88 million buyback and burn of its native AVL token. The recent development is part of the platform’s ongoing strategy to enhance long-term value for holders and strengthen the ecosystem. Soon after the announcement, the AVL token price shot up 9% earlier today, to The post Avalon Labs Burns A Massive 93.9 Million AVL Tokens As Part of ‘Buyback and Burn’ Plan a…See the Story
