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BitMine Raises $250 Million, Installs Tom Lee to Build Ethereum Treasury
Markets

BitMine Raises $250 Million, Installs Tom Lee to Build Ethereum Treasury

BitMine Immersion Technologies said it has raised roughly $250 million in a private placement, selling about 55.56 million new shares at $4.50 apiece
Ripple Activates Ethereum-Compatible Sidechain on XRP Ledger
Blockchains

Ripple Activates Ethereum-Compatible Sidechain on XRP Ledger

Ripple has activated an Ethereum Virtual Machine (EVM)–compatible sidechain on the XRP Ledger, moving the project from test phase to mainnet
Bybit and Kraken List 60 Tokenized US Stocks via Backed’s xStocks
CeFi

Bybit and Kraken List 60 Tokenized US Stocks via Backed’s xStocks

Crypto exchanges Bybit and Kraken have begun offering on-chain trading of U.S. stocks through a new product line called xStocks
Kazakhstan Central Bank Plans Bitcoin Reserve Funded by Seized Crypto Assets
Regulation & Politics

Kazakhstan Central Bank Plans Bitcoin Reserve Funded by Seized Crypto Assets

The National Bank of Kazakhstan said on 30 June that it is developing a sovereign crypto-asset reserve that would hold Bitcoin and other cryptocurrencies
Crypto Funds Draw $2.7 Billion in 11th Straight Week of Inflows
Markets

Crypto Funds Draw $2.7 Billion in 11th Straight Week of Inflows

Investment products linked to cryptocurrencies attracted about $2.7 billion in new money during the week ended 28 June
Vanadi Coffee Shareholders Approve €1 Billion Bitcoin Investment Plan
Markets

Vanadi Coffee Shareholders Approve €1 Billion Bitcoin Investment Plan

Shareholders of Vanadi Coffee have authorised management to invest as much as €1 billion (about $1.1 billion) of corporate funds in Bitcoin
Bakkt Files $1 Billion Shelf Registration, Signals Potential Bitcoin Purchases
CeFi

Bakkt Files $1 Billion Shelf Registration, Signals Potential Bitcoin Purchases

Digital-asset platform Bakkt Holdings filed a Form S-3 with the U.S. Securities and Exchange Commission
Bhutan Amasses $1.3 Billion in Bitcoin Reserve, 40% of Its GDP
Blockchains

Bhutan Amasses $1.3 Billion in Bitcoin Reserve, 40% of Its GDP

Bhutan has quietly accumulated roughly 12,000 Bitcoin since 2020, a stash now valued at about $1.3 billion.
White House Backs September Crypto Framework as Stablecoin Bill Nears July Signing
Regulation & Politics

White House Backs September Crypto Framework as Stablecoin Bill Nears July Signing

The White House and key Republican lawmakers said the U.S. aims to enact comprehensive market-structure rules for Bitcoin and other digital assets by the end of September.
Dinari Wins First US Broker-Dealer License for Tokenized Stocks
TradFi & Fintech

Dinari Wins First US Broker-Dealer License for Tokenized Stocks

Dinari, a San-Francisco startup that converts conventional equities into digital tokens, has obtained broker-dealer registration for its subsidiary, making it the first platform cleared to offer tokenized U.S. stocks to domestic investors.