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Citi opens new route to private markets with tokenized equity offering

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Citigroup is launching a new way for wealthy and institutional investors to buy stakes in private companies using blockchain technology as part of a broader push by big banks to bring traditional financial assets to digital asset networks. The bank on Thursday unveiled what it called Digital Depositary Receipts, a product that allows investors to […]

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Here’s why bitcoin ETF outflows may have little to do with SpaceX mania

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Bitcoin BTC$62,958.25 Exchange-traded funds (ETFs) have suffered nearly $5.75 billion in outflows since mid-May, fueling speculation that institutional investors are cashing in on crypto to prepare for the highly anticipated SpaceX IPO. The selling pressure drove bitcoin to a 2026 low below $60,000 in the first week of June, more than 50% below its all-time

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Michael Saylor says Mnav is just one yardstick as the debate over strategy dilution continues

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The debate over Strategy’s (MSTR) recent dilutive transaction resurfaced, this time with Strategy Executive Chairman Michael Saylor and Strike and Twenty One Capital (XXI) CEO Jack Mallers, Wednesday at BTC Prague, as the two weighed in on how investors should assess the company’s increasingly complex capital structure. Mallers asked Saylor how he defines multiple-to-net asset

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As SpaceX IPO Approaches, Polymarket Assigns Ventuals $2 Trillion Valuation: Crypto Daily

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Elon Musk’s SpaceX will price its Friday IPO on the Nasdaq later today. While the company is currently valued at around $1.77 trillion, blockchain-based pre-IPO price discovery derivatives and prediction markets seem to think it’s too low. This gap is evident from three markets: Onchain perpetuals futures offered by Ventuals and trade.xyz, both of which

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BTC price rises, holds above moving average signal that ETH, SOL cannot penetrate

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Bitcoin BTC$62,966.29 rose on Thursday, and its share of the overall crypto market, its dominance rate, rose along with a surge in a lesser-known cryptocurrency. BTC price rose 2.4% in 24 hours to recently trade around $62,800. The CoinDesk 20 Index ( CD20 ) added 2.3% to 1,690, and the CoinDesk Memecoin Index ( CDMEME

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The Philippines’ central bank is complicating Binance’s return to the country

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Binance is trying to enter the Philippine market through a local partner. The regulators make it clear that it will not be easy. The country’s central bank said that neither the world’s largest crypto exchange nor its local partner, BlockShoals Technologies Inc., has the necessary license to operate as a virtual asset service provider (VASP)

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BlackRock’s income-paying bitcoin ETF is nearing launch at a fee that undercuts rivals

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BlackRock is close to launching a bitcoin fund that pays an income. The world’s largest asset manager filed its fourth amendment to the iShares Bitcoin Premium Income ETF on Tuesday, according to its SEC filing. The fund will trade on Nasdaq under the ticker BITA. The income comes from options. The fund owns bitcoin and

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Singapore bank DBS will offer tokenized gold to retail customers

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Crypto-friendly DBS Bank said it will begin offering tokenized gold trading to its retail clients in the second half of 2026. DBS said it will list the product, called DBS Physical Gold Tokens, on its digibank platform and is also considering making it available on the DBS Digital Exchange (DDEx), which is tailored for accredited

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