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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The combined company will hold nearly 11,000 BTC once finalized, making it the 12th-biggest publicly-traded corporate bitcoin treasury.
Raiku has raised $13.5 million across seed and pre-seed rounds from investors including Pantera Capital, Jump Crypto, and Lightspeed Faction.
Fitell has entered into an up to $100 million convertible note facility with a U.S.-based institutional investor.
ASTER is valued at over $15 billion following an initial fully diluted valuation (FDV) of $560 million at during its TGE.
Previously, Archetype has invested in blockchain firms like Privy, Monad, Hut 8, Farcaster, Ritual and Relay.
RLUSD, launched in 2024, is a stablecoin “purpose-built for enterprise utility" with a nearly $740 million market cap.
Bubblemaps has launched Intel Desk, a platform that rewards users with BMT tokens for identifying scams and suspicious activity.
Fold has partnered with Visa and Stripe to launch a bitcoin-rewards credit card that offers up to 3.5% back on purchase.
E-trade clients should be able to trade Bitcoin, Ethereum and Solana in the coming months, according to reports.