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Kamino Brings Sterling Lending Onchain With tGBP Market

TL;DR Kamino has opened a lending market for tGBP, a British-pound stablecoin issued by BCP Technologies. Users can supply tGBP or borrow it against collateral including USDC, cbBTC and JitoSOL. The market is curated by Steakhouse Financial and creates sterling-denominated credit on Solana. Dollar stablecoins dominate DeFi , but Kamino is adding a different currency to the mix. The Solana lending protocol has opened a market for tGBP, allowing users to borrow or supply a stablecoin designed to track the British pound. The market is curated by Steakhouse Financial. Sterling Can Now Be Borrowed Against Crypto Collateral BCP Technologies issues tGBP as a token intended to track the pound on a one-to-one basis. The firm is registered as a cryptoasset business with the U.K.’s Financial Conduct Authority. On Kamino, users can supply tGBP to the lending market or borrow sterling-denominated liquidity against supported collateral including USDC, cbBTC and JitoSOL. That creates a...

Forward Industries Raises $25M To Buy More Solana

TL;DR Forward Industries has agreed to sell 3.125 million shares to one institutional investor at $8 each. The registered direct offering is expected to raise about $25 million before fees. The company says it intends to use the net proceeds to acquire additional SOL for its corporate treasury. Forward Industries is going back to the equity market to grow its Solana treasury. The Nasdaq-listed company has entered into a registered direct offering with a single institutional investor, agreeing to sell 3.125 million common shares at $8 apiece. Gross proceeds are expected to come to approximately $25 million before fees and expenses. The Capital Has A Specific Destination: More SOL Forward says it intends to use the net proceeds to acquire additional SOL. That makes the financing unusually straightforward from a crypto perspective. The company is issuing equity, receiving cash and planning to convert the resulting capital into a larger Solana position. Forward describes itsel...

WisdomTree Updates SEC Registration For Tokenized Fund Expansion

TL;DR WisdomTree has updated SEC registration materials tied to its digital-asset fund expansion. The filing concerns distribution and registration mechanics for tokenized investment products rather than an immediate launch announcement. SEC registration steps should not be described as final approval or effectiveness. WisdomTree is continuing to build out the regulatory plumbing behind its tokenized investment products, updating registration materials tied to its digital-fund strategy. The filing is procedural, but that is exactly why the filing matters. Tokenized securities still have to move through the same legal machinery that governs conventional funds. Tokenization Does Not Remove The Registration Process A blockchain wrapper can change how ownership is recorded or how fund shares move between approved participants. It does not remove securities-law obligations. WisdomTree’s updated registration materials address the framework around offering and distributing to...

CleanSpark Bitcoin Reserves Reach 10,500 BTC

TL;DR CleanSpark says its unencumbered Bitcoin holdings have moved above 10,500 BTC. The reserve reflects accumulated holdings rather than one month’s production. The balance-sheet milestone highlights the miner’s strategy of retaining a meaningful share of mined Bitcoin. CleanSpark’s Bitcoin reserve has moved above 10,500 BTC, giving the miner another balance-sheet milestone as large mining companies increasingly behave like a mix of infrastructure operator and Bitcoin treasury vehicle. The figure refers to the company’s unencumbered holdings rather than a single month of mining output. Mining Revenue Is Only Half The Strategy A miner can sell every Bitcoin it produces, convert revenue into cash and operate like a conventional commodity producer. Or it can keep part of that production on the balance sheet and build direct exposure to the asset it mines. CleanSpark has leaned toward the second model. Retaining Bitcoin gives the company more upside wh...

BlackRock BUIDL Fund Reaches $552M On Securitize

TL;DR BlackRock’s BUIDL tokenized fund reached roughly $552.4 million in assets in the supplied September 22 dashboard data. The product is distributed through Securitize and remains targeted at qualified institutional investors. BUIDL’s AUM should not be confused with retail-accessible stablecoin supply. BlackRock’s tokenized BUIDL fund has moved above $550 million in assets under management, keeping it among the most closely watched institutional real-world-asset products on public blockchains. The September 22 validation snapshot puts AUM at roughly $552.4 million. BUIDL Shows What Institutional Tokenization Looks Like BUIDL is not a consumer stablecoin. It is an institutional fund structure designed to give qualified investors onchain access to a portfolio centered on cash and US Treasury-style assets. Securitize provides the tokenization and transfer infrastructure around the product. That structure matters because it explains why BUIDL is often discus...

Lion Group Reports Treasury Holding Of Roughly 195,000 HYPE Tokens

TL;DR Lion Group disclosed a treasury position of approximately 195,000 HYPE tokens. The holding is part of the company’s corporate digital-asset strategy. The figure describes treasury ownership, not Hyperliquid exchange volume or user deposits. Lion Group Holding has disclosed a corporate treasury position of approximately 195,000 HYPE tokens, adding another public company to the growing list of firms holding crypto assets beyond Bitcoin and Ethereum. The position was disclosed in a September 21 Form 6-K. HYPE Moves Onto A Public-Company Balance Sheet Hyperliquid has grown into one of the most closely watched decentralized derivatives platforms, and HYPE has increasingly become part of the market’s broader infrastructure trade. Lion Group’s holding brings that token into a different context. Instead of a trading position held by a crypto-native fund or individual wallet , the approximately 195,000 HYPE tokens sit inside a listed company’s treasury st...

Valour Launches AI-Managed Smart Crypto Fund SP

TL;DR DeFi Technologies says subsidiary Valour has launched Smart Crypto Fund SP. The product uses an AI-driven strategy from Neuronomics to rebalance exposure among leading digital assets. It is a specialized investment fund product, not a US spot ETF. Valour is putting an AI-driven allocation engine inside a crypto investment fund. Parent company DeFi Technologies disclosed the launch of Smart Crypto Fund SP in a September 21 Form 6-K, describing a strategy that dynamically adjusts exposure among major digital assets. The Fund Uses AI To Change Crypto Exposure The allocation model is supplied by Neuronomics and uses market signals, including volatility , to change portfolio weightings. That makes the product different from a passive index that simply holds a fixed basket. The premise is that exposure can be reduced or shifted when market conditions deteriorate and expanded when the model identifies a more favorable regime. Whether that produces better returns is a separa...