Source: Cointelegraph Trump’s tariff escalations will “test the resilience of every asset class,” which may lead to a renewed appetite for safe-haven assets. Escalating trade tensions and renewed uncertainty in global markets are driving investors toward alternative assets, including Bitcoin and tokenized real-world assets (RWAs), as concerns mount over the long-term stability of the financial… Continue reading Trump’s Tariff Escalation Exposes ‘Deeper Fractures’ in Global Financial System
Source: Cointelegraph Tokinvest co-founder Scott Thiel told Cointelegraph that the new development opens up Dubai’s real estate market to global investors. Dubai’s real estate and crypto regulatory authorities have signed a new agreement aimed at expanding digital asset adoption in the real estate sector. On April 6, the Dubai Land Department (DLD) announced an agreement… Continue reading Dubai Gov’t Agencies to Link Real Estate Registry with Property Tokenization
Source: Investopedia Key Takeaways OpenAI has raised up to $40 billion in new funding from investors led by SoftBank Group, valuing the ChatGPT maker at $300 billion. OpenAI will not receive the whole amount pledged by SoftBank if it fails to transform itself into a for-profit company “by the end of 2025, or in certain… Continue reading OpenAI Closes Up to $40B Funding Round, Valuing ChatGPT Maker at $300B
Source: Cointelegraph US President Donald Trump is expected to sign off on a resolution undoing a rule that requires DeFi protocols to report to US tax authorities. US President Donald Trump is expected to sign a resolution to kill a Biden administration-era rule that requires decentralized finance (DeFi) protocols to report to the Internal Revenue… Continue reading Resolution to Kill IRS DeFi Broker Rule Heads to Trump’s Desk
Source: Cointelegraph Custodia Bank said it partnered with Vantage Bank to tokenize US dollar demand deposits and issue them on Ethereum. The crypto-friendly Custodia Bank has worked with Vantage Bank to complete what the two firms say is “America’s first-ever bank-issued stablecoin” on a permissionless blockchain. Custodia said on March 25 that it tokenized US… Continue reading Custodia and Vantage Bank Partner for ‘First Bank-Issued Stablecoin’
Source: CoinMarketCap BlackRock’s tokenized money market fund, BUIDL, has expanded to the Solana blockchain as its assets under management (AUM) surpass $1.7 billion. BlackRock’s tokenized money market fund, BUIDL, has expanded to the Solana blockchain as its assets under management (AUM) surpass $1.7 billion. The fund, launched in March 2024 in partnership with Securitize, has… Continue reading BlackRock Expands BUIDL to Solana as Tokenized Fund Surpasses $1.7 Billion
Source: Cointelegraph AI startup Infinite Reality has bought the former music-sharing platform Napster with plans to add a music-focused metaverse to the music-streaming app. Artificial intelligence startup Infinite Reality has acquired the music-pirating app turned music streaming service Napster in a $207 million deal and plans to add a music-focused metaverse. Infinite Reality said in… Continue reading Pirating Pioneer Napster Sells for $207M with Plans for Music Metaverse
Source: MSN The Trump family’s World Liberty Financial is launching a stablecoin, its latest bid to capitalize on a crypto-market revival kindled by the president’s election. World Liberty’s USD1 will be backed by short-term U.S. Treasurys, U.S. dollar deposits, and other cash equivalents, the company said Tuesday. The token will be issued on the Ethereum… Continue reading Trump Family Venture Plunges Deeper Into Crypto With New ‘Stablecoin’
Source: CNBC Video game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash, echoing a move made famous by MicroStrategy. The meme stock jumped 16% Wednesday following the news. The announcement confirmed CNBC’s reporting in February of GameStop’s intention to add bitcoin and other cryptocurrencies to… Continue reading GameStop Shares Soar 16% After Retailer Says it Will Invest Corporate Cash in Bitcoin Like MicroStrategy
Source: Forbes In a world-first, China’s Shenzhen Data Exchange (SDEx) facilitates a deal that brings decentralized, community-sourced AI data into real industrial applications through Web3 infrastructure. SDEx is the largest provider of national-level data trading platforms for data marketization and cross-border circulation in China’s digital economy. The platform provides a comprehensive suite of services, including… Continue reading A Web3 First: China Leverages Cross-Border AI Data For Industrial Use
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