Tesla (TSLA) continued to hold 11,509 BTC, valued at around $1.35 billion as of the end of the third quarter (valued somewhat less as of today). The rise in bitcoin’s value during the third quarter allowed the company to book an $80 million gain on its holdings. For perspective, adjusted EBITDA for the quarter was […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin BTC$115,224.82 traded just above $115k in Asia Tuesday morning, slipping […]
As an advisor to both TradFi and crypto native firms, one trend I’m excited about is the potential of blockchain and tokenization to help asset managers serve the next generation of investors. These financial institutions pride themselves on navigating complexity and pursuing innovative strategies. They manage trillions across private equity, credit, venture, and real assets. […]
Sony’s blockchain division is bringing Japanese social media giant LINE into the web3 world, with plans to adapt several popular mini-apps onto Sony’s Soeneium network, the company announced Wednesday. LINE reports approximately 200 million active users across its platform, and the agreement will bring four LINE-based games, or “mini-apps,” to Soneium: Sleepagotchi, Farm Frens, Puffy […]