CryptoInvestment

Louisiana's Firefighters' Retirement System increased its holding in Strategy to about US$2.13 million.

Russian lawmakers are preparing for final votes on a bill that would establish new rules for cryptocurrency investing, including a proposed annual investment limit of 300,000 roubles (about US$3,800) for retail investors.

Grayscale Investments has proposed distributing staking rewards as cash to investors in its Ethereum (CRYPTO:ETH) and Solana (CRYPTO:SOL) investment products.

Robinhood CEO Vlad Tenev said trading is not gambling as Robinhood launched Trump Accounts, a new investment programme for eligible newborns.

Citadel Securities has invested US$400 million in Crypto.com, valuing the cryptocurrency exchange at US$20 billion.

ARK Invest and Sentora, which is backed by Andreessen Horowitz (a16z), have published a new investment thesis arguing that decentralised finance (DeFi) is entering a new phase of institutional adoption.

ARK Invest increased its investment in Circle by buying about US$13.9 million in shares while reducing its position in Robinhood.

Avalanche (CRYPTO:AVAX) will support up to US$11 billion in tokenised real-world assets under a new agreement with BridgeTower Capital.

A 70-year-old Indian chartered accountant lost more than ₹21.06 crore, or US$2.2 million, in a fake crypto investment scam.

SBI Holdings invested US$76 million in EDX Markets to expand its institutional crypto trading and clearing business.

Paradigm has raised US$1.2 billion for its fourth investment fund, expanding the cryptocurrency venture capital firm's strategy to include artificial intelligence, robotics and other emerging technologies.

Tether invested US$20 million in Mercado Bitcoin to support the Brazilian cryptocurrency platform's expansion into tokenised assets, stablecoin payments, lending and blockchain-based financial services across Latin America.