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MBS Global to Invest $8.8 Billion in Maldives Blockchain Hub, Exceeding Nation's GDP
Blockchains

MBS Global to Invest $8.8 Billion in Maldives Blockchain Hub, Exceeding Nation's GDP

The Maldives has announced plans to establish a blockchain and digital assets financial hub with an investment of approximately $9 billion
Stablecoin Market Cap Hits $243 Billion with $720B Monthly Volume; USDT, USDC Lead Growth; Treasury Forecasts $2T by 2028
Markets

Stablecoin Market Cap Hits $243 Billion with $720B Monthly Volume; USDT, USDC Lead Growth; Treasury Forecasts $2T by 2028

The stablecoin market has reached new heights, with the total market capitalization hitting a record $243 billion as of early May 2025
BlackRock Buys $20 Million Ethereum, Holds 92% of $2.92 Billion BUIDL Fund Assets, Other Chains Included
Blockchains

BlackRock Buys $20 Million Ethereum, Holds 92% of $2.92 Billion BUIDL Fund Assets, Other Chains Included

BlackRock has recently purchased an additional $20 million worth of Ethereum, reinforcing its substantial investment in the cryptocurrency
Public Companies and ETFs Hold 9% of Bitcoin Supply Including 157,957 BTC, With Spot ETFs at 5.5% and Public Firms at 3.5%
Markets

Public Companies and ETFs Hold 9% of Bitcoin Supply Including 157,957 BTC, With Spot ETFs at 5.5% and Public Firms at 3.5%

As of May 1, 2025, public companies have acquired approximately 157,957 Bitcoin, representing 96% of the 164,250 Bitcoins expected to be mined in 2025