Forward Industries launches $4B Solana treasury equity plan
Only two days after buying nearly $1.6 billion of SOL, the newly launched company announced that it will raise up to $4 billion to expand its SOL holdings. This would not only make FORD the largest altcoin treasury company, but one of the largest crypto treasury companies in general. Chairman Kyle Samani also explained on TBPN (video here) how the company intends to use the company for M&A and yield for investors. Read More →
US and UK to Deepen Crypto Collaboration
During Trump’s U.K. visit, the FT reported that chancellor Rachel Reeves and Treasury secretary Scott Bessent huddled with execs from Coinbase, Circle, Ripple, Citi, Bank of America, and Barclays to explore a tighter US-UK alignment on crypto and capital market rules. The pitch? Fold stablecoins and tokenization under the Tech Bridge (a US–UK program for coordinating advanced tech) and pilot a joint “sandbox” (an idea that the SECs Hester Peirce has previously floated) so firms can launch and build under the same guardrails. Read more →
XRP ETFs expected to launch tomorrow
Bloomberg ETF analysts Eric Balchunas and James Seyffart anticipate that REX-Osprey’s XRP and Dogecoin ETFs will go live tomorrow. The XRP ETF will trade under ticker $XRPR while the Dogecoin fund uses symbol $DOJE. Read More →
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