Everything web3, crypto, defi, degen
In brief The company has acquired 93 BTC as part of its daily accumulation program. It aims to build a 10,000-Bitcoin treasury using $40 million in fresh funding and a rebrand. Bitcoin has been rising steadily over the past week, buoyed by softer U.S. inflation data and ETF inflows. South Korea’s publicly listed Bitplanet has…
In brief Sora Ventures aims to raise $1 billion to help bolster Bitcoin treasuries in Asia The firm seeks to accumulate a further $800 million for BTC over the next six months. Last year, Sora invested in Metaplanet, the largest Bitcoin treasury firm in Asia. Crypto venture capital firm Sora Ventures aims to raise $1…
BITCOIN BOUNCES, NFPS TODAY, WLFI BLACKLISTS JUSTIN SUNBTC bounces ahead of jobs report. SEC plans to revamp crypto policies. WLFI blacklists Justin Sun’s address, freezes tokens. WLFI tokens unreasonably frozen: Sun. Nasdaq to step up scrutiny on DATs, MSTR falls. Sora Ventures to buy $1b BTC. HK’s Yungfeng Financial buys $44m ETH. DFDV buys $40m…
In brief Thaksin met with crypto investors in Bangkok to discuss positioning Thailand as ASEAN’s digital asset treasury hub. The proposal includes support from Metaplanet, UTXO, and other global firms, according to meeting documentation reviewed by Decrypt. Backers argue the initiative could boost economic resilience and growth amid Thailand’s weak macro outlook. Former Thai Prime…
In brief Taiwan-listed company WiseLink has led a $10 million raise for Top Win International, a Hong Kong-based luxury watch trader and retailer adopting a Bitcoin treasury strategy. The companies say this is the first instance of a Taiwan-listed firm backing a Bitcoin treasury company. Financially, WiseLink is profitable with growing revenue; Top Win is…
DV8 has completed its first capital raise since undergoing a strategic shift toward becoming Southeast Asia’s first crypto treasury company, securing approximately THB 241 million (roughly $7.4 million), according to a filing released July 16.The funding round closed with a 99.9% warrant exercise rate, marking a critical vote of confidence from existing shareholders in the…
