# Business News

Canonical URL: https://www.tokenpost.com/news/business?page=236
Page 236 of 353. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [JPMorgan to Enable Bitcoin Purchases Despite Dimon's Ongoing Skepticism](https://www.tokenpost.com/news/business/15460)

By Riza Dagoc | Business
Published: 2025-05-20T00:17:14.000Z
Updated: 2025-05-20T00:17:14.000Z

JPMorgan Chase (NYSE: JPM) is set to offer clients the ability to purchase Bitcoin (BTC), marking a significant shift in the bank's approach to digital assets. CEO Jamie Dimon announced the move during the firm’s annu…

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## [Ripple Launches Blockchain Payments in UAE with Zand Bank and Mamo](https://www.tokenpost.com/news/business/15459)

By Riza Dagoc | Business
Published: 2025-05-19T13:13:50.000Z
Updated: 2025-05-19T13:13:50.000Z

Ripple has officially entered the UAE market, partnering with Zand Bank and fintech startup Mamo to roll out blockchain-based payment services. This marks Ripple’s first expansion into the country since securing its l…

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## [Strategy Buys $765M in Bitcoin Amid Lawsuit and Short-Seller Pressure](https://www.tokenpost.com/news/business/15457)

By Riza Dagoc | Business
Published: 2025-05-19T13:07:43.000Z
Updated: 2025-05-19T13:07:43.000Z

Business intelligence firm Strategy has expanded its Bitcoin portfolio once again, acquiring an additional $765 million worth of BTC. With this latest purchase, Strategy now holds 576,240 Bitcoins, making it the large…

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## [BitMEX Teases XRP Community Ahead of CME’s XRP Futures Launch](https://www.tokenpost.com/news/business/15448)

By Riza Dagoc | Business
Published: 2025-05-18T08:28:07.000Z
Updated: 2025-05-18T08:28:07.000Z

BitMEX, a major cryptocurrency derivatives exchange, has stirred excitement in the XRP community with a cryptic post hinting at a Ripple-related announcement. The exchange stated the news would cause "a ripple effect"…

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## [Coinbase Delists Five Altcoins, Trading Disabled but Withdrawals Remain Open](https://www.tokenpost.com/news/business/15431)

By Riza Dagoc | Business
Published: 2025-05-17T02:33:32.000Z
Updated: 2025-05-17T02:33:32.000Z

Coinbase, one of the world’s leading cryptocurrency exchanges, has officially delisted five digital assets: Galxe (GAL), Parsiq (PRQ), Mines of Dalarnia (DAR), Litentry (LIT), and Orion Protocol (ORN). The platform st…

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## [Mango Network Multi-VM Expanding to Solana with SVM](https://www.tokenpost.com/news/business/15409)

By Sonny Kwon | Business
Published: 2025-05-15T08:44:20.000Z
Updated: 2025-05-15T08:44:20.000Z

The fragmentation of liquidity across different chains has become a major bottleneck to deeper integration and synergy in Web3. Solana, the leading layer1, has become one of the major objectives when tackling this issue.

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## [Flare Launches FAssets v1.1 on Songbird, Unlocking Scalable FXRP Utility](https://www.tokenpost.com/news/business/15405)

By Riza Dagoc | Business
Published: 2025-05-15T02:26:11.000Z
Updated: 2025-05-15T02:26:11.000Z

Flare Network has officially launched FAssets v1.1 on the Songbird testnet, marking a key upgrade to support scalable and capital-efficient use of FXRP in decentralized finance (DeFi). The new release introduces the C…

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## [eToro Soars 29% on Nasdaq Debut, Raises $310M Amid IPO Revival](https://www.tokenpost.com/news/business/15397)

By Riza Dagoc | Business
Published: 2025-05-15T02:07:03.000Z
Updated: 2025-05-15T02:07:03.000Z

Shares of eToro surged nearly 29% on Tuesday as the online trading platform made its highly anticipated debut on the Nasdaq, closing significantly above its IPO price. The company went public with a valuation of appro…

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## [CME Group to Launch XRP Futures on May 19, Marking Major Milestone](https://www.tokenpost.com/news/business/15391)

By Riza Dagoc | Business
Published: 2025-05-14T02:36:53.000Z
Updated: 2025-05-14T02:36:53.000Z

CME Group, the world’s largest derivatives exchange, is set to launch XRP futures on May 19, signaling a new era of institutional interest in the popular altcoin. This move follows growing anticipation after CME accid…

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## [Abraxas Capital Acquires $84.7M in Ethereum, Fuels ETH Bullish Trend](https://www.tokenpost.com/news/business/15386)

By Riza Dagoc | Business
Published: 2025-05-14T02:20:05.000Z
Updated: 2025-05-14T02:20:05.000Z

Abraxas Capital, a global asset management firm, has intensified its Ethereum (ETH) holdings amid the latest crypto market rally. According to on-chain data from Lookonchain, Abraxas purchased 33,482 ETH worth $84.7 m…

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## [Cantor Equity Partners Reveals $458.7M Bitcoin Deal in Merger with Tether-Backed Twenty One Capital](https://www.tokenpost.com/news/business/15382)

By Riza Dagoc | Business
Published: 2025-05-14T02:11:42.000Z
Updated: 2025-05-14T02:11:42.000Z

Cantor Equity Partners (CEP) has unveiled a $458.7 million Bitcoin acquisition as part of a high-profile merger with Twenty One Capital, an investment firm focused on BTC and backed by Tether, Bitfinex, and SoftBank. …

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## [eToro Stock Soars to $52 on Nasdaq Debut, Valued at $4.2 Billion](https://www.tokenpost.com/news/business/15381)

By Riza Dagoc | Business
Published: 2025-05-14T02:04:45.000Z
Updated: 2025-05-14T02:04:45.000Z

eToro, a leading social investing and cryptocurrency trading platform, made a strong public debut on the Nasdaq, opening at $52 per share. The company raised approximately $310 million by selling 6 million shares, giv…

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## [Goldman Sachs Becomes Top Institutional Investor in BlackRock Bitcoin ETF](https://www.tokenpost.com/news/business/15373)

By Riza Dagoc | Business
Published: 2025-05-13T01:40:40.000Z
Updated: 2025-05-13T01:40:40.000Z

Goldman Sachs has significantly boosted its position in the cryptocurrency market, becoming the largest institutional holder of BlackRock’s iShares Bitcoin Trust (IBIT), according to a recent SEC filing. The investmen…

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## [Coinbase Soars on News of S&P 500 Inclusion](https://www.tokenpost.com/news/business/15368)

By Riza Dagoc | Business
Published: 2025-05-13T01:16:04.000Z
Updated: 2025-05-13T01:16:04.000Z

Coinbase (NASDAQ: COIN) surged more than 8% in after-hours trading Monday following news that the crypto exchange will be added to the prestigious S&P 500 index. The inclusion is set to take effect on May 19, replacin…

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## [Coinbase Launches 24/7 Bitcoin and Ethereum Futures Trading on CFTC-Regulated Exchange](https://www.tokenpost.com/news/business/15338)

By Riza Dagoc | Business
Published: 2025-05-10T01:40:17.000Z
Updated: 2025-05-10T01:40:17.000Z

Coinbase has made a major leap in crypto derivatives by launching 24/7 trading for Bitcoin and Ethereum futures contracts. Starting May 9, 2025, U.S. traders can now access round-the-clock leveraged futures trading on…

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## [Florida Pharma Firm Backs XRP in $50M Real-Time Payments Deal](https://www.tokenpost.com/news/business/15321)

By Riza Dagoc | Business
Published: 2025-05-09T11:22:38.000Z
Updated: 2025-05-09T11:22:38.000Z

Wellgistics Health (OTC: WGRX), a Florida-based pharmaceutical distributor, has announced a $50 million equity line of credit to integrate XRP into its treasury and payment systems. The company aims to leverage the cr…

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## [Coinbase's $2.9B Deribit Deal Reshapes Global Crypto Derivatives Market](https://www.tokenpost.com/news/business/15310)

By Riza Dagoc | Business
Published: 2025-05-09T01:10:49.000Z
Updated: 2025-05-09T01:10:49.000Z

Coinbase (COIN) is making a major leap into the global crypto derivatives space with its $2.9 billion acquisition of Deribit, the leading crypto options exchange. Analysts say the move puts Coinbase in direct competit…

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## [Meta Re-Enters Crypto Space with Stablecoin Payout Plan](https://www.tokenpost.com/news/business/15309)

By Riza Dagoc | Business
Published: 2025-05-09T01:07:56.000Z
Updated: 2025-05-09T01:07:56.000Z

Meta (NASDAQ: META) is reportedly exploring the use of stablecoins to streamline payouts, according to a Fortune report citing multiple sources familiar with the matter. The tech giant has also hired Ginger Baker, a f…

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## [Robinhood Eyes Blockchain Platform for European Access to U.S. Assets](https://www.tokenpost.com/news/business/15296)

By Riza Dagoc | Business
Published: 2025-05-07T22:40:02.000Z
Updated: 2025-05-07T22:40:02.000Z

Robinhood is reportedly building a blockchain-based platform that will enable European investors to trade U.S. financial assets, according to sources cited by Bloomberg. The move reflects a broader push to integrate t…

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## [Asset Entities Soars 194% on Strive Merger to Form Bitcoin Treasury Firm](https://www.tokenpost.com/news/business/15294)

By Riza Dagoc | Business
Published: 2025-05-07T22:31:54.000Z
Updated: 2025-05-07T22:31:54.000Z

Shares of Asset Entities (NASDAQ: ASST) surged 194% on Wednesday following news that Strive Asset Management will merge with the company in a strategic move to create a publicly traded Bitcoin (BTC) Treasury Company. …

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## [Movement Labs Cuts Ties with Co-Founder Amid MOVE Token Scandal](https://www.tokenpost.com/news/business/15288)

By Riza Dagoc | Business
Published: 2025-05-07T06:46:26.000Z
Updated: 2025-05-07T06:46:26.000Z

Movement Labs, the development team behind the Movement network, has officially terminated co-founder Rushi Manche following revelations of undisclosed deals related to the MOVE token. The announcement was made via th…

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## [21Shares Launches Cronos (CRO) ETP on Euronext to Boost Web3 Exposure](https://www.tokenpost.com/news/business/15284)

By Riza Dagoc | Business
Published: 2025-05-07T01:25:41.000Z
Updated: 2025-05-07T01:25:41.000Z

21Shares AG, a leading European crypto ETP issuer, has launched a new exchange-traded product (ETP) offering direct exposure to the Cronos (CRO) token. Trading under the ticker CRON (ISIN: CH1443364232), the 21Shares …

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## [Warren Buffett to Step Down as CEO, But Berkshire’s Anti-Bitcoin Stance Remains](https://www.tokenpost.com/news/business/15257)

By Riza Dagoc | Business
Published: 2025-05-05T21:14:53.000Z
Updated: 2025-05-05T21:14:53.000Z

Warren Buffett, the legendary investor and longtime CEO of Berkshire Hathaway, will step down at the end of the year, with Greg Abel set to take over. Despite the leadership transition, the firm’s negative stance on b…

[Full text](https://www.tokenpost.com/news/business/15257.md) | [Citation metadata](https://www.tokenpost.com/news/business/15257.json)

## [Kyrgyzstan to Launch Gold-Backed USDKG Stablecoin for Cross-Border Payments](https://www.tokenpost.com/news/business/15246)

By Riza Dagoc | Business
Published: 2025-05-05T07:26:33.000Z
Updated: 2025-05-05T07:26:33.000Z

Kyrgyzstan plans to launch its first gold-backed stablecoin, the Gold Dollar (USDKG), in Q3 2025, according to project advisor Gabriel Guerra at Token2049 Dubai. Pegged 1:1 with the U.S. dollar, the USDKG is designed …

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## [Freight Technologies Invests $20M in Trump Token to Diversify Crypto Treasury](https://www.tokenpost.com/news/business/15229)

By Riza Dagoc | Business
Published: 2025-05-03T23:16:37.000Z
Updated: 2025-05-03T23:16:37.000Z

Freight Technologies (NASDAQ: FRGT), a U.S.-Mexico logistics tech firm with a $4.8 million market cap, has committed to purchasing up to $20 million in the Official Trump Token (TRUMP) as part of its new crypto treasu…

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## [Coinbase to Delist GAL, LIT, DAR, ORN, PRQ Amid Token Upgrades](https://www.tokenpost.com/news/business/15227)

By Riza Dagoc | Business
Published: 2025-05-03T12:58:09.000Z
Updated: 2025-05-03T12:58:09.000Z

Coinbase has announced the delisting of five cryptocurrencies—Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ)—following its latest asset review. The decision, shared via a …

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## [Brown University Buys Bitcoin ETF, Becoming First Ivy League to Embrace Crypto](https://www.tokenpost.com/news/business/15216)

By Riza Dagoc | Business
Published: 2025-05-03T01:16:07.000Z
Updated: 2025-05-03T01:16:07.000Z

Brown University, one of the oldest and most prestigious U.S. academic institutions, has made its first move into cryptocurrency. According to a new 13F filing, the Ivy League school purchased 105,000 shares—worth nea…

[Full text](https://www.tokenpost.com/news/business/15216.md) | [Citation metadata](https://www.tokenpost.com/news/business/15216.json)

## [Movement Labs Suspends Co-Founder Rushi Manche Amid MOVE Token Controversy](https://www.tokenpost.com/news/business/15208)

By Riza Dagoc | Business
Published: 2025-05-02T07:22:07.000Z
Updated: 2025-05-02T07:22:07.000Z

Movement Labs has suspended its co-founder Rushi Manche following a sharp decline in the price of its MOVE token. The announcement was made via X (formerly Twitter) on Thursday, as the company investigates alleged tok…

[Full text](https://www.tokenpost.com/news/business/15208.md) | [Citation metadata](https://www.tokenpost.com/news/business/15208.json)

## [Strategy Reports Q1 Loss on Bitcoin Writedown, Launches New $21B Stock Offering](https://www.tokenpost.com/news/business/15199)

By Riza Dagoc | Business
Published: 2025-05-01T23:21:47.000Z
Updated: 2025-05-01T23:21:47.000Z

Strategy (MSTR), led by Executive Chairman Michael Saylor, reported a Q1 2025 loss of $16.49 per share, driven by a $5.9 billion bitcoin writedown amid a sharp BTC price decline early in the year. Despite the hit, the…

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## [PayPal’s PYUSD Cleared by SEC Amid Stablecoin Boom](https://www.tokenpost.com/news/business/15197)

By Riza Dagoc | Business
Published: 2025-05-01T23:14:09.000Z
Updated: 2025-05-01T23:14:09.000Z

The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into PayPal's stablecoin, PayPal USD (PYUSD), without pursuing enforcement action. This brings a regulatory chapter to an end t…

[Full text](https://www.tokenpost.com/news/business/15197.md) | [Citation metadata](https://www.tokenpost.com/news/business/15197.json)

## [Galaxy Digital to List on Nasdaq as It Eyes AI Expansion and U.S. Institutions](https://www.tokenpost.com/news/business/15179)

By Riza Dagoc | Business
Published: 2025-05-01T01:00:28.000Z
Updated: 2025-05-01T01:00:28.000Z

Galaxy Digital, the crypto and financial services firm led by Mike Novogratz, has announced plans to go public on the Nasdaq by May 16, pending final shareholder approval on May 9. The firm’s Class A common stock will…

[Full text](https://www.tokenpost.com/news/business/15179.md) | [Citation metadata](https://www.tokenpost.com/news/business/15179.json)

## [Tether Acquires 70% Stake in LatAm Agribusiness Giant Adecoagro](https://www.tokenpost.com/news/business/15178)

By Riza Dagoc | Business
Published: 2025-05-01T00:55:52.000Z
Updated: 2025-05-01T00:55:52.000Z

Tether, the issuer of the $150 billion USDT stablecoin, has acquired a 70% controlling stake in Adecoagro (NYSE: AGRO), a leading Latin American agribusiness firm with a market capitalization nearing $1 billion. The m…

[Full text](https://www.tokenpost.com/news/business/15178.md) | [Citation metadata](https://www.tokenpost.com/news/business/15178.json)

## [Visa and Baanx Launch USDC Payment Card with Real-Time Crypto-to-Fiat Conversion](https://www.tokenpost.com/news/business/15175)

By Riza Dagoc | Business
Published: 2025-05-01T00:48:25.000Z
Updated: 2025-05-01T00:48:25.000Z

Cryptocurrency payments firm Baanx has partnered with Visa to launch a new stablecoin debit card that enables users to spend USDC directly from self-custodial crypto wallets. The initiative, starting in the U.S., leve…

[Full text](https://www.tokenpost.com/news/business/15175.md) | [Citation metadata](https://www.tokenpost.com/news/business/15175.json)

## [BlackRock Introduces Blockchain-Powered Share Class for $150B Treasury Fund](https://www.tokenpost.com/news/business/15170)

By Riza Dagoc | Business
Published: 2025-04-30T07:49:52.000Z
Updated: 2025-04-30T07:49:52.000Z

BlackRock has taken another step into blockchain by filing to launch a digital share class for its $150 billion Liquidity Treasury Trust Fund. The new “DLT Shares,” which stands for distributed ledger technology, will…

[Full text](https://www.tokenpost.com/news/business/15170.md) | [Citation metadata](https://www.tokenpost.com/news/business/15170.json)

## [Libre Launches With Backing From Brevan Howard and Hamilton Lane to Tokenize Real-World Assets](https://www.tokenpost.com/news/business/15169)

By Riza Dagoc | Business
Published: 2025-04-30T07:45:45.000Z
Updated: 2025-04-30T07:45:45.000Z

Tokenization platform Libre has emerged from stealth with backing from major institutional players including Nomura’s Laser Digital, Brevan Howard’s WebN Group, and private markets firm Hamilton Lane. Built using Poly…

[Full text](https://www.tokenpost.com/news/business/15169.md) | [Citation metadata](https://www.tokenpost.com/news/business/15169.json)

## [Trump’s Truth Social Considers Launching Crypto Token and ETFs](https://www.tokenpost.com/news/business/15158)

By Riza Dagoc | Business
Published: 2025-04-30T00:33:37.000Z
Updated: 2025-04-30T00:33:37.000Z

Truth Social, the social media platform operated by Trump Media & Technology Group (NASDAQ: DJT), is exploring the launch of its own cryptocurrency as part of a broader digital rewards initiative. According to a share…

[Full text](https://www.tokenpost.com/news/business/15158.md) | [Citation metadata](https://www.tokenpost.com/news/business/15158.json)

## [Flare Launches USD₮0 to Boost XRP DeFi Ecosystem and Cross-Chain Liquidity](https://www.tokenpost.com/news/business/15142)

By Riza Dagoc | Business
Published: 2025-04-28T23:19:57.000Z
Updated: 2025-04-28T23:19:57.000Z

Flare Network has officially launched USD₮0, an omnichain deployment of the world's largest stablecoin, USDT. Powered by LayerZero's Omnichain Fungible Token (OFT) technology, USD₮0 enables seamless, gasless transfers…

[Full text](https://www.tokenpost.com/news/business/15142.md) | [Citation metadata](https://www.tokenpost.com/news/business/15142.json)

## [Nexo Returns to U.S. Market After Two-Year Regulatory Hiatus](https://www.tokenpost.com/news/business/15138)

By Riza Dagoc | Business
Published: 2025-04-28T11:22:35.000Z
Updated: 2025-04-28T11:22:35.000Z

Crypto lender Nexo is reentering the U.S. market after a two-year absence driven by regulatory challenges. Speaking at a press event in Bulgaria alongside Donald Trump Jr., Nexo Co-founder Antoni Trenchev announced th…

[Full text](https://www.tokenpost.com/news/business/15138.md) | [Citation metadata](https://www.tokenpost.com/news/business/15138.json)

## [XRP ETF Momentum Grows as ProShares, Teucrium Lead Launches](https://www.tokenpost.com/news/business/15135)

By Riza Dagoc | Business
Published: 2025-04-28T07:00:33.000Z
Updated: 2025-04-28T07:00:33.000Z

ProShares is set to launch three XRP ETFs, according to recent filings: an Ultra XRP ETF offering 2x leverage, a Short XRP ETF, and an Ultra Short XRP ETF with -2x leverage. However, progress on a spot XRP ETF remains…

[Full text](https://www.tokenpost.com/news/business/15135.md) | [Citation metadata](https://www.tokenpost.com/news/business/15135.json)

## [ProShares Set to Launch 2X Leveraged XRP Futures ETF Next Week](https://www.tokenpost.com/news/business/15128)

By Riza Dagoc | Business
Published: 2025-04-28T00:40:56.000Z
Updated: 2025-04-28T00:40:56.000Z

ProShares is set to debut a futures-based XRP ETF with 2X leverage in the U.S. as early as April 30, 2025. The firm had previously targeted this date, and with no formal objection from the U.S. Securities and Exchange…

[Full text](https://www.tokenpost.com/news/business/15128.md) | [Citation metadata](https://www.tokenpost.com/news/business/15128.json)

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