Theta Capital Management targets $200 million for blockchain fund

Key Takeaways Theta Capital Management launches its fifth blockchain-focused fund, Theta Blockchain Ventures V, aiming to raise $200 million. The fund plans to invest in 10-15 digital asset venture funds, targeting a 25% net IRR. Share this article Theta Capital Management, an Amsterdam-based investment firm, today launched Theta Blockchain Ventures V, targeting $200 million to invest in 10-15 digital asset venture funds with a 25% target net IRR. The fund represents the firm’s fifth blockchain-focused venture, reflecting continued institutional interest in digital assets within Amsterdam’s expanding VC ecosystem. Share this…

Brazil’s Nubank appoints former Coinbase director as crypto lead

Key Takeaways Nubank, Brazil’s largest digital bank, named Michael Rihani, ex-Coinbase director, as Head of Crypto. Rihani oversaw non-trading products and helped launch nearly $1 billion in Bitcoin-backed loans at Coinbase. Share this article Brazil’s Nubank, a digital financial services platform with over 123 million customers, appointed Michael Rihani as Head of Crypto today. Rihani recently left his role at Coinbase, the US-based cryptocurrency exchange, where he led non-trading products. Rihani will report to Nubank’s executive director of crypto and digital assets, focusing on advancing the Nubank Crypto platform for…

Vanguard explores crypto ETF access for US brokerage clients: Report

Key Takeaways Vanguard is considering allowing US brokerage clients to access crypto ETFs, a change from their previous restrictive policy. This move comes as other major firms, like Morgan Stanley and E*Trade, open access to direct crypto trading for clients. Share this article Vanguard, the major asset management firm, is exploring allowing its US brokerage clients to access crypto ETFs, according to Crypto In America. The potential move would mark a shift for Vanguard, which previously restricted client access to cryptocurrency investment products. Other major firms have been expanding crypto…

VanEck consults SEC Crypto Task Force on tokenization of ETFs

Key Takeaways VanEck is actively engaging with the SEC Crypto Task Force regarding the tokenization of ETFs, focusing on the role of underlying issuers. The SEC Crypto Task Force is examining how DeFi, smart contracts, and new compliance frameworks relate to the future of tokenized financial products. Share this article VanEck, an asset manager actively filing for spot crypto ETFs, today consulted with the SEC Crypto Task Force on tokenizing ETFs. The discussions focused on the role of underlying issuers in tokenized ETF structures. The SEC Crypto Task Force recently…

Eliza Labs announces migration from $ai16z token to $elizaOS

Key Takeaways Eliza Labs is migrating from the experimental $ai16z token to the new $elizaOS token powered by Chainlink’s CCIP. $elizaOS enables autonomous AI agents to operate seamlessly across Solana, Base, and Ethereum, supporting a $20B ecosystem. Share this article Eliza Labs, formerly known as ai16z, a top open-source GitHub repository supporting a $20 billion agentic ecosystem, announced on Friday that it is migrating from its experimental $ai16z token to $elizaOS. Powered by Chainlink’s CCIP, the $elizaOS token enables autonomous AI agents to function seamlessly across networks such as Solana,…

Nine European banks to launch euro-denominated stablecoin

Key Takeaways Nine major European banks, including ING, Banca Sella, KBC, Danske Bank, and UniCredit, plan to launch a euro-denominated stablecoin. The consortium has been formed and is headquartered in the Netherlands, where it is seeking a license as an e-money institution supervised by the Dutch Central Bank. Share this article Nine European banks announced plans today to launch a euro-denominated stablecoin. The consortium includes major financial institutions ING, a Netherlands-based multinational bank, Banca Sella, KBC, Danske Bank, and UniCredit. The stablecoin launch aligns with the EU’s Markets in Crypto-Assets…

Naver Financial expected to gain control of Upbit through share-swap deal

Key Takeaways Naver Financial, the fintech arm of Naver, is expected to acquire full control of Dunamu, the operator of South Korea’s prominent Upbit cryptocurrency exchange, via a share-swap deal. The acquisition would make Dunamu a wholly owned subsidiary of Naver Financial, positioning Naver as the direct owner of Upbit. Share this article Naver Financial, the fintech subsidiary of South Korea’s dominant internet portal, is expected to gain full control of Dunamu, the operator of Upbit cryptocurrency exchange, through a share-swap deal that the two firms are preparing to approve.…

Fusaka to scale data availability with PeerDAS, says Vitalik Buterin

Key Takeaways Fusaka’s PeerDAS system enhances data availability by having nodes verify only a subset of data chunks. PeerDAS is expected to support both Layer 2 and eventual Layer 1 Ethereum scaling as blob capacity increases. Share this article Ethereum co-founder Vitalik Buterin today outlined how Fusaka plans to scale data availability through its PeerDAS system, marking a novel approach to blockchain architecture where nodes won’t need to download complete data sets. The PeerDAS system operates by having each node request a limited number of data chunks to verify that…

DeFi Development Corp. announces $100M share repurchase authorization

Key Takeaways DeFi Development Corp. authorized a $100 million share repurchase program. The buyback may be funded by capital raised through convertible notes. Share this article DeFi Development Corp., a firm focused on crypto asset acquisitions, today announced a $100 million share repurchase authorization. The company has been actively raising capital through convertible notes to acquire Solana and execute stock buybacks. By July 2025, the firm had outlined plans for a $100 million capital raise to fund both crypto purchases and share repurchases. The authorization allows DeFi Development Corp. to…

ARK Invest acquires Alibaba shares for first time in four years

Key Takeaways ARK Invest, led by Cathie Wood, bought Alibaba shares for the first time since 2021. Alibaba’s stock is up 97% year-to-date in 2025, reflecting a resurgence in Chinese tech. Share this article ARK Invest purchased shares of Alibaba Group Holding Ltd. for the first time in four years today, marking founder Cathie Wood’s return to the Chinese e-commerce giant. The investment management firm, known for its focus on disruptive innovation across sectors like AI and genomics, last acquired Alibaba stock in 2021. The purchase comes as the Chinese…