Davide
@0xdavide
🔥Weekly crypto recap: 🔹Formation of 21 Capital entity (Cantor Fitgerald, Tether, Bitfinex and Citibank) that will invest 3 billion in digital assets. 🔹The company SOL Strategies Inc will follow Michael Saylor's Strategy by investing 500M dollars on $SOL. The loan is structured as a convertible bond. Interest will be in $SOL, and will be proportional to the returns of the staking generated directly by the validators owned by the company. 🔹Other companies that will follow Saylor's Strategy are: Upexi, Galaxy Digital and DeFi Development Company (formerly known as Janover). In particular, DeFi Development Company will invest 1 billion in $SOL: the idea is to issue new securities and debt (like Michael Saylor) to finance the collection of 1 billion dollars. The company is listed on NASDAQ (JNVR stock) and must receive approval from the SEC. Current holdings in $SOL amount to 35M dollars, following the announcement the JNVR stock has made 19x.
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Davide
@0xdavide
🔹Trump Media & Technology Group has signed an agreement with Crypto.com and Yorkville America Digital to launch a series of crypto-related ETF. The ETF will include shares of crypto companies, Bitcoin and other crypto-assets. Crypto.com will provide the necessary technology, custody and underlyings. 🔹Ubisoft and ImmutableX will launch a AAA Might and Magic themed game, while Mythical Games is set to launch a mobile football game: FIFA Rivals (FIFA World Cup).
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