CryptoInvestment

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.

Ripple Labs, associated with XRP (CRYPTO:XRP), co-founder Chris Larsen reportedly invested in American Perpetuals Exchange Corp. (APEC), a derivatives platform founded by US Senator Kirsten Gillibrand's son that has raised US$30 million.

New York Life Investment Management (NYLIM) has partnered with Centrifuge to launch its first tokenised investment product, giving eligible investors onchain access to the firm's US high-yield corporate bond strategy through the HYB fund.

Theo invested US$20 million in Fidelity International's USD Digital Liquidity Fund (FILQ), saying it is the first crypto-native platform to allocate capital to the tokenised liquidity fund.

Synapse (CRYPTO:SYN) climbed as much as 26% after BitMEX co-founder Arthur Hayes disclosed purchasing 6.16 million SYN tokens worth about US$2.2 million.

The Bank for International Settlements (BIS) warned that rapid growth in artificial intelligence investment could have significant financial consequences if highly leveraged funding structures unravel during a market downturn.

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