Cryptoinvestment

Animoca Brands has invested in stablecoin payments provider AllScale to expand blockchain-based payment infrastructure, although neither company disclosed the size of the investment.

CoinShares reported that 52% of UK financial advisers cannot see most of their clients' cryptocurrency holdings.

Franklin Templeton has filed plans with the US Securities and Exchange Commission for two exchange-traded funds that combine US equities with Bitcoin (CRYPTO:BTC) exposure through dividend reinvestment.

Lite Strategy invested US$1 million in ZK Innovations, the developer of Litecoin (CRYPTO:LTC) Layer-2 platform LitVM.

Ark Invest increased its exposure to Coinbase, purchasing 111,799 shares worth approximately US$18.4 million.

Coinbase has expanded its stock and ETF trading services by allowing US customers to transfer existing investment portfolios from other brokerages onto its platform.

Figure has agreed to acquire AI-powered real estate lender Kiavi for $717 million, a move expected to add more than $7 billion in annual loan volume and accelerate the tokenisation of residential real estate assets.

Coinbase has invested in ProShares’ GENIUS Money Market ETF, a Treasury-focused fund designed to hold assets that qualify as reserves for payment stablecoins under the GENIUS Act.

River raised $8m from TRON DAO Ventures to scale its cross-ecosystem stablecoin infrastructure on TRON.

F/m Investments is seeking US regulatory approval to tokenise shares of its Treasury ETF while keeping the fund fully regulated.