Tag: Plans

How HashKey Plans to Become Hong Kong’s First Crypto IPO

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Key takeaways HashKey is aiming to become Hong Kong’s first fully crypto-native IPO by listing 240.57 million shares under the city’s virtual asset regulatory regime. The business extends beyond a spot exchange by combining trading, custody, institutional staking, asset management and tokenization into a single regulated platform. Revenue is growing, but the company is still incurring losses as it invests heavily in technology, compliance and market expansion. Most IPO proceeds are expected to fund infrastructure and international growth, positioning the listing as a long-term bet on regulated digital asset markets.…

Norway Steps Back From CBDC Launch as Norges Bank Pauses Plans

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Norges Bank, the central bank of Norway, concluded that introducing a central bank digital currency (CBDC) is “not warranted at this time,” marking a clear signal that the country is reconsidering the urgency of retail and wholesale CBDCs. The central bank said Wednesday that Norway’s existing payment system already offers secure, efficient and low-cost transactions, reducing the need for a CBDC in the near term. Still, the bank remains open to launching a CBDC in the future.  “Norges Bank has concluded that introducing a central bank digital currency is currently…

Twenty One Capital CEO Jack Mallers plans aggressive Bitcoin acquisition

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Home » Bitcoin » Twenty One Capital CEO Jack Mallers plans aggressive Bitcoin acquisition Mallers says the firm will “buy as much bitcoin as they possibly can” as corporate BTC treasury adoption continues to accelerate. Photo: Eva Marie Uzcategui Key Takeaways Twenty One Capital plans an aggressive strategy to acquire as much Bitcoin as possible. More companies are adopting Bitcoin as a treasury reserve, with Twenty One Capital joining this trend. Share this article Twenty One Capital CEO Jack Mallers plans to pursue an aggressive Bitcoin acquisition strategy, stating the…

CoreWeave Plans $2B Convertible Note Offering for Expansion

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AI infrastructure provider CoreWeave (CRWV) plans to raise $2 billion through a private offering of convertible senior notes due 2031, with proceeds earmarked for general corporate purposes and for capped-call transactions that could reduce potential future shareholder dilution. The notes include an option for purchasers to buy an additional $300 million, the company said Monday. They can be settled in cash, shares or a combination of both at CoreWeave’s discretion. To limit dilution if the notes are ultimately converted into equity, CoreWeave is entering into capped-call transactions. This hedge increases…

Google plans to introduce ads on Gemini AI platform by 2026

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Key Takeaways Google plans to introduce ads on its Gemini AI platform by 2026. The move signals further integration of AI in digital advertising strategies. Share this article Google, the technology giant, plans to introduce advertising to its Gemini AI platform by 2026, according to agency buyers familiar with the discussions reported by Adweek. The company has been informing advertisers about the upcoming ad integrations as it expands its AI-driven advertising capabilities. Gemini is Google’s advanced AI model integrated across products such as search and advertising. Google recently announced new…

BlackRock files for staked Ethereum trust ETF, plans to stake most of its Ethereum holdings

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Key Takeaways BlackRock’s new iShares Staked Ethereum Trust ETF will stake 70% to 90% of its Ethereum holdings. Staking rewards will be distributed to shareholders, with Coinbase Custody and Anchorage Digital Bank serving as custodians. Share this article BlackRock plans to stake most of its Ethereum holdings through a new exchange-traded fund structure, according to a filing with the Securities and Exchange Commission. The iShares Staked Ethereum Trust ETF seeks to stake 70% to 90% of its Ethereum holdings under normal market circumstances, the filing shows. The product will hold…

Coinbase resumes user registrations in India, plans fiat on-ramp by 2026

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Key Takeaways Coinbase has reopened its app for user registration in India with crypto-to-crypto trading and plans to enable fiat on-ramps by 2026. The company said earlier this year it had engaged with India’s Financial Intelligence Unit to facilitate its re-entry into the Indian market after withdrawing due to regulatory challenges. Share this article Coinbase has resumed onboarding users in India after a hiatus, with plans to establish a fiat on-ramp by 2026, according to Coinbase’s APAC director John O’Loghlen. The platform currently enables crypto-to-crypto transactions and intends to allow…

Crypto treasury underwriter Clear Street plans to go public early next year: FT

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Key Takeaways Clear Street aims to list publicly in a deal led by Goldman Sachs, potentially valuing the firm at up to $12 billion. Clear Street’s model is coming under increasing pressure as digital assets retrace and related equities weaken. Share this article Clear Street, which underwrites and advises equity and debt offerings for companies seeking to raise public-market capital to accumulate Bitcoin and other digital assets, such as Strategy, is preparing a near-term IPO that could value the firm at up to $12 billion, according to the Financial Times.…

Meta Plans Metaverse Budget Cuts in Shift to AR Glasses

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Social media giant Meta is reportedly planning to scale back its metaverse spending by up to 30% and redirect the funds into virtual reality glasses and artificial intelligence. No final decision has been made yet, but budget cuts and possible layoffs are on the table for Meta’s Reality Labs division, mainly aimed at its virtual reality unit, which eats up the bulk of metaverse-related spending, Bloomberg and The New York Times reported on Thursday. The budget cuts could come as early as January, but Meta plans to redirect resources to…

Solana Mobile plans to launch SKR token in January 2026

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Key Takeaways Solana Mobile expects to launch the SKR token in January 2026 as part of its crypto-native smartphone ecosystem. The SKR token will be used for staking with entities called Guardians, who will enforce security and community standards for devices. Share this article Solana Mobile plans to launch its SKR token in January 2026, designed to power staking, device security, and dApp curation across its crypto-native smartphone ecosystem. The token will enable users to stake to entities called Guardians, who will handle device verification and enforce community standards within…