Crypto

SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%). Bitcoin treasury company Strive ASST$27.60·Market Closed on Tuesday evening announced a new perpetual preferred stock, SATS, with a 15% fixed dividend. The company is aiming to sell 5 million shares at $100 per share, for a capital raise of $500 million, with proceeds to be.

Crypto

The transaction shows how blockchain-based government bonds could help trading firms move collateral faster between settlement and financing. BNY, the world’s largest custody bank, and trading giant Citadel Securities said Tuesday they had completed a transaction using tokenized U.S. Treasuries, showing how blockchain technology could help Wall Street move assets between trading and financing more quickly. The transfer focused on collateral, a key part of financial markets. Banks and trading.

Crypto

MNX is offering a different way to trade the future valuations of private AI companies, including OpenAI, Anthropic and DeepSeek. A new cryptocurrency exchange will allow investors to speculate on the valuations of private artificial intelligence (AI) giants like OpenAI and Anthropic when they go public. MNX, which was developed by Manifold Markets, went live on Tuesday offering futures contracts tied to OpenAI, Anthropic, DeepSeek and Moonshot. The platform, built.

Crypto

A crypto trader in the U.K. claimed masked intruders stole nearly $800,000 in cryptocurrency at knifepoint, furthering concerns of "wrench attacks" spreading in the country. A cryptocurrency trader in the U.K. claimed to have had almost $800,000 of crypto stolen after armed intruders broke into his home and forced him to transfer digital assets to a specific wallet, highlighting a threat to investors that neither self-custody nor encryption can prevent.

Crypto

The country’s regulators are stepping up their earlier restrictions on mobile apps to websites, targeting unregistered exchanges before investors report losses. South Korea is blocking access to 27 unregistered crypto exchanges' websites, including KuCoin, BitMart, and MEXC, extending its crackdown on foreign trading platforms beyond just their mobile apps. The country’s Financial Intelligence Unit (FIU) announced Tuesday that the Korea Communications Standards Commission approved the restrictions following reviews on Oct.

Crypto

The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts. Federated Hermes (FHI), the Pittsburgh-based investment manager overseeing $911 billion in assets, plans to issue its first tokenized fund shares early next year, joining Wall Street's growing push to bring traditional investments onto blockchain rails. The asset manager has partnered with plans to make the upcoming products.