The Block

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The Block

The first and final word in digital assets

Trump-backed American Bitcoin mining firm acquires first $23 million worth of BTC
American Bitcoin, the newly launched Bitcoin mining company backed by Eric Trump and Donald Trump Jr., purchased 215 BTC....

Guggenheim taps Ripple’s XRP Ledger to offer tokenized commercial paper in RWA push: report
Ripple's XRP Ledger is the second blockchain to welcome Guggenheim's DCP after the U.S. Treasury-backed tokenized asset launched on Ethereum....

Noah raises $22 million in seed funding to build its global stablecoin payment network
Adyen veteran Thijn Lamers has also joined the stablecoin infrastructure platform as co-founder and president....

Crypto security startup Hypernative raises $40 million in Series B financing
The Tel Aviv, Israel-based security startup raised $40 million in fresh financing in a round co-led by Ten Eleven and Ballistic Ventures....

The State of Crypto: The Future of Money is Here and It’s Only Just Begun
Below is a summarized version of The Block Research and Coinbase’s The State of Crypto: The Future of Money is Here and It’s Only Just Begun report. The full PDF version of this report is accessib...

60% of Fortune 500 firms working on blockchain initiatives, SMB adoption rising: Coinbase
Crypto adoption is accelerating among small to medium businesses, which say blockchain can help address particular financial pain points. ...

US spot Bitcoin ETFs set to hit $1 trillion cumulative trading volume milestone in less than 18 months since launch
BlackRock's IBIT product dominates spot Bitcoin exchange-traded funds by trading volume, with a current 79% market share....

Japan’s SBI says it invested $50 million in Circle during IPO
Tokyo-based SBI Group has invested $50 million in USDC stablecoin issuer Circle following its $1.1 billion debut on the New York Stock Exchange....

Bitcoin Core devs merge controversial OP_RETURN policy change into planned October release
The Bitcoin Core mempool policy change is set to take effect in the implementation's v30 release, scheduled for October....

French bank Societe Generale to launch US dollar-pegged stablecoin on Ethereum and Solana
French banking giant Societe Generale announced plans to launch a U.S. dollar-pegged stablecoin called USD CoinVertible (USDCV) on Ethereum and Solana, potentially becoming the first major European ba...