Uphold is weighing a potential initial public offering or strategic sale as it explores ways to fuel further growth. Digital asset platform Uphold is exploring a potential IPO in the U.S. or a strategic sale, CEO Simon McLoughlin told The Block. The company’s board has engaged investment bank FT Partners to evaluate its options, including … Read more
TON crypto spiked 40% after Telegram announced the finalization of the $1.5 billion bond sale, backed by BlackRock, Citadel, and Mubadala. As tokenization picks up steam, will Toncoin and Tonchain dominate? What differentiates crypto from securities is hype. True, market forces impact crypto, but when the “hype” catches on, prices tend to surge rapidly. There … Read more
JPMorgan analysts believe that Tether will have to sell some of its assets in order to comply with US stablecoin regulations. In fact, the analysts suggested that Tether sell Bitcoin, precious metals, corporate paper, and secured loans. Tether being the largest stablecoin company could find itself in trouble over newly introduced regulations. The STABLE Act … Read more