Bitcoin Firm Bakkt Acquires DTR in Stock Deal
@Bakkt Holdings Inc. to acquire Distributed Technologies Research Ltd. in a stock-based deal, issuing Class A shares for 31.5% of Bakkt’s total shares. #Update #Finance
@Bakkt Holdings Inc. to acquire Distributed Technologies Research Ltd. in a stock-based deal, issuing Class A shares for 31.5% of Bakkt’s total shares. #Update #Finance
@MicroStrategy has purchased 13,627 Bitcoin for approximately $1.25 billion, marking its largest weekly acquisition since last summer, raising total holdings to 687,410 BTC. #Update #Crypto $BTC
Mitsui & Co. launches Japan’s first digital securities for fractional aircraft and ship ownership via Alterna, aiming to quadruple sales to 100 billion yen by 2030. #Update #Finance
@VelaFi secures $20M in Series B funding led by XVC and Ikuyo to expand stablecoin infrastructure in the US and Asia, enhancing payment solutions and banking integrations. #Update #Crypto
Gold surged to a record high above $4,600 amid unrest in Iran, with spot prices later easing. Bitcoin remains below October highs, trading near $90,000 support. #Update #Crypto $BTC
@WorldLibertyFinancial has launched its cryptocurrency lending platform, World Liberty Markets, utilizing its $USD1 stablecoin with a market cap of $3.4B, amid rising demand for DeFi lending. #Update #Crypto $USD1
Staking is becoming a key element in Ethereum’s market structure, with innovations like fully staked ETFs and customizable institutional vaults expected to shape the landscape for ether investors by 2026. #Update #Crypto $ETH
Eric Adams, former NYC mayor, launched the NYC Token to combat antisemitism and support education. The token is yet to debut, with no salary taken by Adams. #Update #Crypto
A Satoshi-era Bitcoin whale reportedly reactivated, acquiring 26,900 $BTC, sparking bullish sentiment and distribution concerns; later linked to @TwentyOneCapital. #Update #Crypto $BTC
@WorldLibertyFin launches World Liberty Markets, enabling USD1 stablecoin lending and borrowing via Dolomite integration. This marks their second major product release. #Update #Fintech
@NVIDIA and Eli Lilly to invest up to $1B in an AI lab for drug discovery, linking wet and dry labs for continuous AI learning. #Update #Tech
Ethereum co-founder Vitalik Buterin advocates for a more stable protocol, arguing that Ethereum should function reliably even without ongoing upgrades, aiming for “ossification” to enhance credibility and reduce risks. #Update #Crypto $ETH
@Walmart and @Google are launching an AI shopping experience in Google’s Gemini, using the Universal Commerce Protocol for personalized recommendations and rapid delivery, with products delivered in under three hours. #Update #Retail $USDT
White House economic adviser Kevin Hassett defended the DOJ’s scrutiny of Fed Chair Jerome Powell, citing high construction costs as justification, while critics warn it may threaten Fed independence. #Update #Legal $BTC