[Fitch: BTC fell only 6% after $6.3B Binance hack, showing greater resilience]
Bitcoin’s market reaction to the large-scale Binance hack was relatively limited compared with past crises, Fitch Ratings said.
Fitch said roughly $6.3 billion was stolen across multiple blockchains in the Binance hack, which it described as the largest hacking incident in the crypto industry to date. Despite the scale of the theft and Binance’s temporary suspension of withdrawals and trading, Bitcoin fell only about 6% in the 10 hours after the initial report. By comparison, Bitcoin dropped 35% in a single day during the early stage of the COVID-19 pandemic in March 2020, 14% during the 2022 FTX collapse, and 21% during the 2015 Bitstamp hack.
The report said the limited market shock may reflect a maturing and more diversified crypto trading market. As the Bitcoin trading ecosystem has broadened, dependence on any single exchange has declined, Fitch said.
https://coinness.com/en/news/1174924
Bitcoin’s market reaction to the large-scale Binance hack was relatively limited compared with past crises, Fitch Ratings said.
Fitch said roughly $6.3 billion was stolen across multiple blockchains in the Binance hack, which it described as the largest hacking incident in the crypto industry to date. Despite the scale of the theft and Binance’s temporary suspension of withdrawals and trading, Bitcoin fell only about 6% in the 10 hours after the initial report. By comparison, Bitcoin dropped 35% in a single day during the early stage of the COVID-19 pandemic in March 2020, 14% during the 2022 FTX collapse, and 21% during the 2015 Bitstamp hack.
The report said the limited market shock may reflect a maturing and more diversified crypto trading market. As the Bitcoin trading ecosystem has broadened, dependence on any single exchange has declined, Fitch said.
https://coinness.com/en/news/1174924
CoinNess
Fitch: BTC fell only 6% after $6.3B Binance hack, showing greater resilience - CoinNess
Bitcoin’s market reaction to the large-scale Binance hack was relatively limited compared with past crises, Fitch Ratings said. Fitch said roughly $6.3 billi...
[US stocks close higher]
The three major U.S. stock indices closed higher today.
- S&P 500: +2.34%
- Nasdaq: +2.74%
- Dow Jones: +2.15%
https://coinness.com/en/news/1174925
The three major U.S. stock indices closed higher today.
- S&P 500: +2.34%
- Nasdaq: +2.74%
- Dow Jones: +2.15%
https://coinness.com/en/news/1174925
CoinNess
US stocks close higher - CoinNess
The three major U.S. stock indices closed higher today. - S&P 500: +2.34% - Nasdaq: +2.74% - Dow Jones: +2.15%
[Trump says no military action appears necessary in Iran]
U.S. President Donald Trump said no military action appeared necessary in Iran and added that military operations there had effectively already ended.
https://coinness.com/en/news/1174926
U.S. President Donald Trump said no military action appeared necessary in Iran and added that military operations there had effectively already ended.
https://coinness.com/en/news/1174926
CoinNess
Trump says no military action appears necessary in Iran - CoinNess
U.S. President Donald Trump said no military action appeared necessary in Iran and added that military operations there had effectively already ended.
[MARA Holdings sold $1.1B in BTC in the third quarter]
MARA Holdings said it sold 13,597 BTC for about $1.1 billion in the third quarter and used $750 million of the proceeds to repay secured loans. The company posted third-quarter net income of $634.4 million, up sharply from $123.1 million a year earlier, while revenue fell 35% year over year to $164.2 million, according to The Block. The jump in net income reflected higher Bitcoin prices, with MARA recording $885 million in gains on its crypto holdings. Revenue from the mining segment declined as block reward revenue fell 37%.
https://coinness.com/en/news/1174927
MARA Holdings said it sold 13,597 BTC for about $1.1 billion in the third quarter and used $750 million of the proceeds to repay secured loans. The company posted third-quarter net income of $634.4 million, up sharply from $123.1 million a year earlier, while revenue fell 35% year over year to $164.2 million, according to The Block. The jump in net income reflected higher Bitcoin prices, with MARA recording $885 million in gains on its crypto holdings. Revenue from the mining segment declined as block reward revenue fell 37%.
https://coinness.com/en/news/1174927
[Securitize moves to acquire River One]
Tokenization platform Securitize (SECZ) has agreed to acquire River One, an institutional asset-backed finance platform, The Block reported. Through the deal, Securitize plans to add asset-backed lending to its tokenization platform. The acquisition is expected to close by the end of this year, although the purchase price was not disclosed.
Separately, Securitize posted third-quarter revenue of $18.6 million, up 13% from a year earlier, while net loss came to $66.3 million. Asset tokens on the platform rose 39% to $5 billion.
https://coinness.com/en/news/1174928
Tokenization platform Securitize (SECZ) has agreed to acquire River One, an institutional asset-backed finance platform, The Block reported. Through the deal, Securitize plans to add asset-backed lending to its tokenization platform. The acquisition is expected to close by the end of this year, although the purchase price was not disclosed.
Separately, Securitize posted third-quarter revenue of $18.6 million, up 13% from a year earlier, while net loss came to $66.3 million. Asset tokens on the platform rose 39% to $5 billion.
https://coinness.com/en/news/1174928
CoinNess
Securitize moves to acquire River One - CoinNess
Tokenization platform Securitize (SECZ) has agreed to acquire River One, an institutional asset-backed finance platform, The Block reported. Through the deal, S...
[Strive CIO says BTC treasury firms should balance share sales, credit products, buybacks]
Ben Werkman, chief investment officer at Strive (ASST), said Bitcoin treasury companies, or DATs, use three main funding tools: equity offerings, credit instruments such as preferred stock and bonds, and share buybacks.
In a post on X, Werkman said these companies typically raise funds through common stock issuance and buy BTC when their shares trade above the value of the Bitcoin they hold. To avoid diluting existing shareholders, they can also issue credit products in the form of preferred stock or bonds to fund BTC purchases, he said. When shares are undervalued or excess cash is available, companies can boost per-share value through buybacks, according to Werkman.
Werkman said long-term shareholder value can rise when companies maintain a balanced approach across the three methods: equity issuance that takes advantage of a share-price premium, greater leverage through bonds and preferred stock, and share repurchases.
https://coinness.com/en/news/1174929
Ben Werkman, chief investment officer at Strive (ASST), said Bitcoin treasury companies, or DATs, use three main funding tools: equity offerings, credit instruments such as preferred stock and bonds, and share buybacks.
In a post on X, Werkman said these companies typically raise funds through common stock issuance and buy BTC when their shares trade above the value of the Bitcoin they hold. To avoid diluting existing shareholders, they can also issue credit products in the form of preferred stock or bonds to fund BTC purchases, he said. When shares are undervalued or excess cash is available, companies can boost per-share value through buybacks, according to Werkman.
Werkman said long-term shareholder value can rise when companies maintain a balanced approach across the three methods: equity issuance that takes advantage of a share-price premium, greater leverage through bonds and preferred stock, and share repurchases.
https://coinness.com/en/news/1174929
CoinNess
Strive CIO says BTC treasury firms should balance share sales, credit products, buybacks - CoinNess
Ben Werkman, chief investment officer at Strive (ASST), said Bitcoin treasury companies, or DATs, use three main funding tools: equity offerings, credit instrum...
[Strategy says cash can cover interest, dividends for more than 3 years]
Strategy said on X that its current U.S. dollar cash holdings are enough to cover annual interest and dividend payments for more than three years. The company said that as of late May, its dollar holdings had been sufficient to cover those annual interest and dividend payments for six months, but have since surged. Strategy had previously announced it bought 1,037 BTC worth $81.9 million last week. It also said it repurchased $188.3 million of its STRC preferred shares and increased its cash holdings to $146 million.
https://coinness.com/en/news/1174930
Strategy said on X that its current U.S. dollar cash holdings are enough to cover annual interest and dividend payments for more than three years. The company said that as of late May, its dollar holdings had been sufficient to cover those annual interest and dividend payments for six months, but have since surged. Strategy had previously announced it bought 1,037 BTC worth $81.9 million last week. It also said it repurchased $188.3 million of its STRC preferred shares and increased its cash holdings to $146 million.
https://coinness.com/en/news/1174930
CoinNess
Strategy says cash can cover interest, dividends for more than 3 years - CoinNess
Strategy said on X that its current U.S. dollar cash holdings are enough to cover annual interest and dividend payments for more than three years. The company s...
[Altcoin volume normalizes after peaking as BTC neared $87K]
Altcoin trading volume, which had surged to as much as four times Bitcoin volume through September, has returned to normal levels, according to Glassnode. The firm said spikes in altcoin volume have often coincided with short-term market tops, adding that this time altcoin volume peaked when BTC was near $87,000.
https://coinness.com/en/news/1174931
Altcoin trading volume, which had surged to as much as four times Bitcoin volume through September, has returned to normal levels, according to Glassnode. The firm said spikes in altcoin volume have often coincided with short-term market tops, adding that this time altcoin volume peaked when BTC was near $87,000.
https://coinness.com/en/news/1174931
CoinNess
Altcoin volume normalizes after peaking as BTC neared $87K - CoinNess
Altcoin trading volume, which had surged to as much as four times Bitcoin volume through September, has returned to normal levels, according to Glassnode. The f...
[BitFuFu buys 66 BTC, bringing holdings to 1,454 BTC]
Bitcoin miner BitFuFu bought an additional 66 BTC, according to Bitcoin Treasuries. The company now holds 1,454 BTC, ranking 38th among publicly listed companies by Bitcoin holdings.
https://coinness.com/en/news/1174932
Bitcoin miner BitFuFu bought an additional 66 BTC, according to Bitcoin Treasuries. The company now holds 1,454 BTC, ranking 38th among publicly listed companies by Bitcoin holdings.
https://coinness.com/en/news/1174932
CoinNess
BitFuFu buys 66 BTC, bringing holdings to 1,454 BTC - CoinNess
Bitcoin miner BitFuFu bought an additional 66 BTC, according to Bitcoin Treasuries. The company now holds 1,454 BTC, ranking 38th among publicly listed companie...
[BTC spot CVD chart at 9:00 a.m. UTC on Nov. 10]
Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows the Volume Heatmap, while the lower section shows cumulative volume delta, or CVD.
- The upper Volume Heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for a longer period or moves sharply. Brighter zones may act as support or resistance.
- The lower CVD indicator reflects buy and sell orders by fund size. As buy orders increase, the line in the corresponding color moves higher. The yellow line is based on orders worth $100 to $1,000, while the brown line is based on large orders worth $1 million to $10 million.
https://coinness.com/en/news/1174933
Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows the Volume Heatmap, while the lower section shows cumulative volume delta, or CVD.
- The upper Volume Heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for a longer period or moves sharply. Brighter zones may act as support or resistance.
- The lower CVD indicator reflects buy and sell orders by fund size. As buy orders increase, the line in the corresponding color moves higher. The yellow line is based on orders worth $100 to $1,000, while the brown line is based on large orders worth $1 million to $10 million.
https://coinness.com/en/news/1174933
[Crypto Fear and Greed Index stays at 29, signaling continued fear]
CoinMarketCap’s in-house Crypto Fear and Greed Index came in at 29, unchanged from yesterday, indicating that the market remained in the fear zone.
The index signals extreme fear as it approaches zero and extreme optimism as it moves closer to 100. CoinMarketCap calculates the gauge based on price movements in the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market data such as put-to-call ratios, the Stablecoin Supply Ratio (SSR), and CoinMarketCap’s own search data.
https://coinness.com/en/news/1174934
CoinMarketCap’s in-house Crypto Fear and Greed Index came in at 29, unchanged from yesterday, indicating that the market remained in the fear zone.
The index signals extreme fear as it approaches zero and extreme optimism as it moves closer to 100. CoinMarketCap calculates the gauge based on price movements in the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market data such as put-to-call ratios, the Stablecoin Supply Ratio (SSR), and CoinMarketCap’s own search data.
https://coinness.com/en/news/1174934
CoinNess
Crypto Fear and Greed Index stays at 29, signaling continued fear - CoinNess
CoinMarketCap’s in-house Crypto Fear and Greed Index came in at 29, unchanged from yesterday, indicating that the market remained in the fear zone. The index...
[Circle VP says AI agents may boost demand for non-dollar stablecoins]
David Katz, vice president of strategy and policy for Circle Asia Pacific, said tokenized real-world assets such as stocks and bonds traded in local markets could increase demand for stablecoins tied to those countries’ currencies, The Herald Business reported from a panel at the inaugural World Digital Asset Forum in Seoul.
Katz also said agentic commerce, in which AI agents trade independently, is likely to boost demand for non-dollar stablecoins. He described South Korea’s digital asset trading environment as among the world’s most robust and said the level of energy around digital assets in Seoul stands up against anywhere in the world. At the same time, Katz stressed that while Bitcoin’s market capitalization has reached $1.5 trillion, it remains small relative to the real economy, adding that South Korea’s bigger opportunity lies in the real economy.
https://coinness.com/en/news/1174935
See more: https://biz.heraldcorp.com/article/10931503?ref=naver
David Katz, vice president of strategy and policy for Circle Asia Pacific, said tokenized real-world assets such as stocks and bonds traded in local markets could increase demand for stablecoins tied to those countries’ currencies, The Herald Business reported from a panel at the inaugural World Digital Asset Forum in Seoul.
Katz also said agentic commerce, in which AI agents trade independently, is likely to boost demand for non-dollar stablecoins. He described South Korea’s digital asset trading environment as among the world’s most robust and said the level of energy around digital assets in Seoul stands up against anywhere in the world. At the same time, Katz stressed that while Bitcoin’s market capitalization has reached $1.5 trillion, it remains small relative to the real economy, adding that South Korea’s bigger opportunity lies in the real economy.
https://coinness.com/en/news/1174935
See more: https://biz.heraldcorp.com/article/10931503?ref=naver
CoinNess
Circle VP says AI agents may boost demand for non-dollar stablecoins - CoinNess
David Katz, vice president of strategy and policy for Circle Asia Pacific, said tokenized real-world assets such as stocks and bonds traded in local markets cou...
[Former House Financial Services chair says crypto industry needs political clout]
Former U.S. House Financial Services Committee Chairman Patrick McHenry said the cryptocurrency industry needs to build durable political influence to guard against potential regulatory reversals, according to Crypto Briefing. McHenry said ongoing support from Congress is the key safeguard against a return to strict regulation like that seen under Gary Gensler.
https://coinness.com/en/news/1174936
Former U.S. House Financial Services Committee Chairman Patrick McHenry said the cryptocurrency industry needs to build durable political influence to guard against potential regulatory reversals, according to Crypto Briefing. McHenry said ongoing support from Congress is the key safeguard against a return to strict regulation like that seen under Gary Gensler.
https://coinness.com/en/news/1174936
CoinNess
Former House Financial Services chair says crypto industry needs political clout - CoinNess
Former U.S. House Financial Services Committee Chairman Patrick McHenry said the cryptocurrency industry needs to build durable political influence to guard aga...
[Google revises listing rules for crypto exchange and wallet apps]
Google has added a licensing-exemption category to its registration standards for cryptocurrency exchange and wallet apps, Digital Asset reported.
According to Google Play developer policy documents, the company in October introduced a separate reporting route for apps that do not require licenses under local law and expanded the scope of recognized business licenses in Hong Kong and the United Arab Emirates. South Korea’s licensing standards, however, were unchanged. For operators seeking to distribute digital asset exchange or wallet apps in South Korea, the registration requirements for virtual asset service providers under the Financial Intelligence Unit still apply.
https://coinness.com/en/news/1174937
See more: https://www.digitalasset.works/news/articleView.html?idxno=44166
Google has added a licensing-exemption category to its registration standards for cryptocurrency exchange and wallet apps, Digital Asset reported.
According to Google Play developer policy documents, the company in October introduced a separate reporting route for apps that do not require licenses under local law and expanded the scope of recognized business licenses in Hong Kong and the United Arab Emirates. South Korea’s licensing standards, however, were unchanged. For operators seeking to distribute digital asset exchange or wallet apps in South Korea, the registration requirements for virtual asset service providers under the Financial Intelligence Unit still apply.
https://coinness.com/en/news/1174937
See more: https://www.digitalasset.works/news/articleView.html?idxno=44166
CoinNess
Google revises listing rules for crypto exchange and wallet apps - CoinNess
Google has added a licensing-exemption category to its registration standards for cryptocurrency exchange and wallet apps, Digital Asset reported. According to...
[CoinMarketCap altcoin season index falls 7 points to 38]
CoinMarketCap’s altcoin season index came in at 38, down seven points from yesterday. The index compares the price performance of Bitcoin with that of the top 100 coins by market capitalization, excluding stablecoins and wrapped tokens. An altcoin season is identified when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days, while the opposite is considered a Bitcoin season. A reading closer to 100 indicates a stronger altcoin season.
https://coinness.com/en/news/1174938
CoinMarketCap’s altcoin season index came in at 38, down seven points from yesterday. The index compares the price performance of Bitcoin with that of the top 100 coins by market capitalization, excluding stablecoins and wrapped tokens. An altcoin season is identified when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days, while the opposite is considered a Bitcoin season. A reading closer to 100 indicates a stronger altcoin season.
https://coinness.com/en/news/1174938
CoinNess
CoinMarketCap altcoin season index falls 7 points to 38 - CoinNess
CoinMarketCap’s altcoin season index came in at 38, down seven points from yesterday. The index compares the price performance of Bitcoin with that of the top...
[Strobe Fund deposits $8.1M in ENA to Coinbase]
Crypto venture capital firm Strobe Fund deposited 51.95 million ENA worth $8.05 million to Coinbase two hours ago, EmberCN reported. Exchange deposits are typically interpreted as being intended for selling.
Strobe Fund was allocated 142.9 million ENA through an investment two years ago and currently holds 50 million ENA worth $7.67 million. So far, the fund has sold 93 million ENA and realized $25.41 million in profit.
https://coinness.com/en/news/1174939
Crypto venture capital firm Strobe Fund deposited 51.95 million ENA worth $8.05 million to Coinbase two hours ago, EmberCN reported. Exchange deposits are typically interpreted as being intended for selling.
Strobe Fund was allocated 142.9 million ENA through an investment two years ago and currently holds 50 million ENA worth $7.67 million. So far, the fund has sold 93 million ENA and realized $25.41 million in profit.
https://coinness.com/en/news/1174939
CoinNess
Strobe Fund deposits $8.1M in ENA to Coinbase - CoinNess
Crypto venture capital firm Strobe Fund deposited 51.95 million ENA worth $8.05 million into Coinbase two hours ago, EmberCN reported. Exchange deposits are typ...
[Canada moves to bar banks from issuing stablecoins directly]
Canada’s government has unveiled a budget bill that would bar federally regulated financial institutions from issuing cryptocurrencies directly and require stablecoins to be issued only through separate non-financial subsidiaries subject to stablecoin-law regulation.
Under the budget bill announced on Nov. 5, local time, issued cryptocurrencies would be required to include reserve safeguards such as par-value redemption and segregated assets, while remaining outside public deposit insurance and government guarantee programs. The Bank of Canada would handle issuer registration as well as oversight and enforcement of regulatory compliance. Meanwhile, the stablecoin regulatory framework is expected to take effect next fall.
https://coinness.com/en/news/1174940
Canada’s government has unveiled a budget bill that would bar federally regulated financial institutions from issuing cryptocurrencies directly and require stablecoins to be issued only through separate non-financial subsidiaries subject to stablecoin-law regulation.
Under the budget bill announced on Nov. 5, local time, issued cryptocurrencies would be required to include reserve safeguards such as par-value redemption and segregated assets, while remaining outside public deposit insurance and government guarantee programs. The Bank of Canada would handle issuer registration as well as oversight and enforcement of regulatory compliance. Meanwhile, the stablecoin regulatory framework is expected to take effect next fall.
https://coinness.com/en/news/1174940
CoinNess
Canada moves to bar banks from issuing stablecoins directly - CoinNess
Canada’s government has unveiled a budget bill that would bar federally regulated financial institutions from issuing cryptocurrencies directly and require st...
[Hive Digital mined 1,070 BTC in Q3, up 49% from a year earlier]
Nasdaq-listed Canadian crypto miner Hive Digital Technologies (HIVE) mined 1,070 BTC in the third quarter, up 49% from 718 BTC a year earlier, while mining revenue fell 7.4% to $76 million, Cointelegraph reported. The report said the average BTC price declined to $71,003 from $114,382, and power costs rose to $45.6 million from $37.9 million.
https://coinness.com/en/news/1174941
Nasdaq-listed Canadian crypto miner Hive Digital Technologies (HIVE) mined 1,070 BTC in the third quarter, up 49% from 718 BTC a year earlier, while mining revenue fell 7.4% to $76 million, Cointelegraph reported. The report said the average BTC price declined to $71,003 from $114,382, and power costs rose to $45.6 million from $37.9 million.
https://coinness.com/en/news/1174941
CoinNess
Hive Digital mined 1,070 BTC in Q3, up 49% from a year earlier - CoinNess
Nasdaq-listed Canadian crypto miner Hive Digital Technologies (HIVE) mined 1,070 BTC in the third quarter, up 49% from 718 BTC a year earlier, while mining reve...
[Jeffrey Huang winds down 18-month ETH long after $37.46M in losses]
Taiwanese singer Jeffrey Huang, known as Machi Big Brother, has effectively wrapped up an 18-month Ethereum long-trading run, EmberCN reported. Since May 2025, Huang had opened high-leverage long positions on Hyperliquid almost daily, posting cumulative losses of $37.46 million. Yesterday morning, Huang also sold six BAYC NFTs to cover collateral after a forced liquidation. Huang has meanwhile deposited the remaining funds into perpetual futures DEX Papertrade.
https://coinness.com/en/news/1174942
Taiwanese singer Jeffrey Huang, known as Machi Big Brother, has effectively wrapped up an 18-month Ethereum long-trading run, EmberCN reported. Since May 2025, Huang had opened high-leverage long positions on Hyperliquid almost daily, posting cumulative losses of $37.46 million. Yesterday morning, Huang also sold six BAYC NFTs to cover collateral after a forced liquidation. Huang has meanwhile deposited the remaining funds into perpetual futures DEX Papertrade.
https://coinness.com/en/news/1174942
CoinNess
Jeffrey Huang winds down 18-month ETH long after $37.46M in losses - CoinNess
Taiwanese singer Jeffrey Huang, known as Machi Big Brother, has effectively wrapped up an 18-month Ethereum long-trading run, EmberCN reported. Since May 2025, ...
[NHN says it is focusing group capabilities on digital asset, stablecoin payments]
NHN said it is concentrating group-wide business capabilities to prepare for a future payments environment centered on digital assets and stablecoins.
During its third-quarter 2026 earnings conference call on Nov. 10, NHN said it is preparing a stablecoin business to respond proactively to a future payments environment centered on AI and digital assets. The company added that payments subsidiary NHN KCP is strengthening cooperation with the global technology ecosystem by joining Google’s standard agent payment protocol, "AP2," and the Agentic AI Foundation, or AAIF, under the Linux Foundation.
In that context, NHN CEO Chung Woo-jin said the company aims to firmly establish itself as a market-leading player in businesses that could become future growth drivers, including stablecoins and AI agent payments.
https://coinness.com/en/news/1174943
NHN said it is concentrating group-wide business capabilities to prepare for a future payments environment centered on digital assets and stablecoins.
During its third-quarter 2026 earnings conference call on Nov. 10, NHN said it is preparing a stablecoin business to respond proactively to a future payments environment centered on AI and digital assets. The company added that payments subsidiary NHN KCP is strengthening cooperation with the global technology ecosystem by joining Google’s standard agent payment protocol, "AP2," and the Agentic AI Foundation, or AAIF, under the Linux Foundation.
In that context, NHN CEO Chung Woo-jin said the company aims to firmly establish itself as a market-leading player in businesses that could become future growth drivers, including stablecoins and AI agent payments.
https://coinness.com/en/news/1174943
CoinNess
NHN says it is focusing group capabilities on digital asset, stablecoin payments - CoinNess
NHN said it is concentrating group-wide business capabilities to prepare for a future payments environment centered on digital assets and stablecoins. During i...
[Ondo Finance plans tokenized product for Anthropic IPO day]
RWA platform Ondo Finance (ONDO) said it plans to launch a tokenized product on the day of Anthropic’s initial public offering to provide onchain investment access.
Matthieu de Vergnes, Ondo Finance’s head of institutional business, said the company had previously provided onchain investment access during the SpaceX IPO and plans to apply the same model to Anthropic. He said even Southeast Asian investors without U.S. brokerage accounts would be able to invest in Anthropic shares on the IPO day with only a wallet and internet access, adding that this is central to the financial access Ondo Finance aims to provide.
https://coinness.com/en/news/1174944
RWA platform Ondo Finance (ONDO) said it plans to launch a tokenized product on the day of Anthropic’s initial public offering to provide onchain investment access.
Matthieu de Vergnes, Ondo Finance’s head of institutional business, said the company had previously provided onchain investment access during the SpaceX IPO and plans to apply the same model to Anthropic. He said even Southeast Asian investors without U.S. brokerage accounts would be able to invest in Anthropic shares on the IPO day with only a wallet and internet access, adding that this is central to the financial access Ondo Finance aims to provide.
https://coinness.com/en/news/1174944
CoinNess
Ondo Finance plans tokenized product for Anthropic IPO day - CoinNess
RWA platform Ondo Finance (ONDO) said it plans to launch a tokenized product on the day of Anthropic’s initial public offering to provide onchain investment a...