Jarsy aims to give everyday investors access to pre-IPO companies by issuing a token that directly tracks that company's private shares.
So far platforms like Dinari have only been able to offer tokenized equities like Tesla and Apple to users outside the United States.
"The arrest of IntelBroker shows just how far law enforcement has come in the crypto space," TRM Lab's Ari Redbord told The Block.
Krak users can earn up to 4.1% rewards for holding the stablecoin Global Dollar (USDG) and up to 10% staking rewards for other digital assets.
In June 2024, the firm offered approximately $1 billion to purchase Core Scientific, which rejected the bid.
Upexi also disclosed that it maintains 735,692 SOL holdings, valued at around $105 million at current prices.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Announcement comes a day after the Trump-backed DeFi project World Liberty said it is working to allow for the trading of its WLFI token.
Lawmakers and the White House are pushing to pass comprehensive legislation to regulate the crypto industry by the end of September.
There are dozens of crypto-related ETF filings under SEC review, and analysts recently raised their odds of approval this year to 90%.