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blockonomi.com DeFi Development Corp Expands Solana Holdings Past $426M Mark

TLDR: DeFi Dev Corp adds $9.6M worth of Solana, lifting total holdings to over $426M. The new purchase strengthens Solana per share value across the firm’s treasury. The firm’s strategy focuses on asset-backed expansion, not speculative trading. Solana remains central to DeFi Dev Corp’s long-term blockchain participation goals. DeFi Development Corp (DeFi Dev Corp) has [...] The post DeFi Development Corp Expands Solana Holdings Past $426M Mark appeared first on Blockonomi.

bitcoinist.com BlackRock Plans Tokenization as IBIT Surpasses $100B in AUM and $HYPER’s Presale Reaches $23.9M

Quick Facts: 1️⃣ BlackRock’s spot Bitcoin ETF IBIT surpassed $100B less than two years after its release on January 11, 2024. 2️⃣ Larry Fink announced a long-term plan to tokenize all assets, from funds to stocks and cash. 3️⃣ Fink argues that bubbles don’t impact long-term investors and that time in the market outweighs opportunistic […]

bitcoinist.com Ripple Expands Corporate Treasury Reach With $1 Billion Acquisition Of GTreasury

On Thursday, Ripple, the company behind the XRP cryptocurrency, announced a significant step forward in its growth strategy with the $1 billion acquisition of GTreasury, a leading player in treasury management systems.  Ripple’s GTreasury Deal  The acquisition of GTreasury marks a pivotal expansion for Ripple, granting it immediate access to the multi-trillion dollar corporate treasury […]