The Block
Quick Take PV01 founder Max Boonen discusses the challenges of accessing debt and the potential of tokenization to overhaul this aspect of capital markets.
Quick Take Four-time Super Bowl champion Rob Gronkowski has agreed to pay $1.9 million to settle a Voyager Digital investor suit. In 2021, the one-time New England Patriot signed on to become a Voyager brand ambassador and shareholder. The company filed for bankruptcy the following year.
A Bloomberg ETF analyst offered some theories on why Grayscale’s spot bitcoin exchange-traded fund logged two straight days of inflows.
Quick Take The partnerships aims to make selling crypto faster and easier, in addition to streamlining how users send crypto to their bank account or debit card.
Quick Take Jorge Izquierdo, who co-founded Aragon, reveals his latest project: a wallet focused on self-custody. Called Tuyo, the wallet lets users interact with decentralized exchanges on multiple blockchain networks.
Quick Take Solana-based DePIN project Ambient has raised a $2 million seed round led by Borderless Capital. Ambient has also acquired PlanetWatch, an Algorand-based DePIN project, to migrate to Solana.
Quick Take Lava Foundation has raised $11 million to continue the development of the Lava Network. This was a token round and comes ahead of Lava’s mainnet launch and airdrop in the coming months.
Standard Chartered has adjusted its short-term bitcoin forecast to state that the market is improving after reaching a local low of $56,500.
Former Sequoia China partner Cao Xi’s investment firm Monolith Management revealed it owns more than $24 million of BlackRock’s spot bitcoin ETF.The Hong Kong-based firm’s position in BlackRock’s ETF ranks as not only its fifth largest position but is also more than double what it invested in Meta shares.
Quick Take ZKM has raised $5 million in an early-stage funding round led by OKX Ventures, as it prepares to launch a new Layer 2 network on the bitcoin blockchain. The ZKM Bitcoin Layer 2 is part of a broader effort to develop a network that offers multi-chain interoperability without relying on a separate chain.
