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Prestige Wealth (PWM) said it has closed a $150 million financing round to launch a digital asset treasuryfocused on XAUT$3,992.83, the gold-backed tokens of stablecoin giant Tether.The funding includes a $100 million private placement led by Antalpha (ANTA), a prominent bitcoin mining financing firm that and $50 million in senior debt, according to an announcement on Friday. Backers also include Tether and Kiara Capital.Most of that capital will be used to acquire tokenized gold reserves, aiming to build a publicly verifiable, blockchain-native treasury. The company will rebrand to Aurelion pending approvals, and will start trading under the AURE ticker on…

The growth is being driven by rising liquidity on DeFi protocols like Suilend and Momentum.Sui, a layer 1 (L1) blockchain, reached a new all-time high in total value locked (TVL) of $2.6 billion on Thursday, according to data from DeFiLlama. The figure marks a 37% increase from one month ago and a 160% jump from a year earlier, when TVL stood at around $1 billion. Sui recently surpassed $156 billion in decentralized exchange (DEX) volume, and is the sixth-largest chain by 24-hour trading volume, per CoinGecko Meanwhile, the blockchain’s native token is changing hands at $3.39 with a market capitalization…

Morgan Stanley is widening access to cryptocurrency investments for its wealth management clients, CNBC reported Wednesday, in a move that signals a broader shift among traditionally cautious Wall Street institutions.Starting next Wednesday, the bank will allow its financial advisors to offer crypto investments to all clients — regardless of risk tolerance or net worth — and across all account types, including retirement plans, according to the report. Previously, the option was limited to clients with at least $1.5 million in assets, an aggressive risk appetite and a taxable brokerage account.The decision marks a major expansion for Morgan Stanley’s $8.2 trillion…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Roger Ver, the early Bitcoin promoter often called “Bitcoin Jesus,” has reached what reports describe as a tentative deal to resolve a US criminal tax case by paying about $48 million. According to prosecutors, the payment would settle alleged tax shortfalls tied to his cryptocurrency holdings from 2014 through 2017. The agreement is not yet final and must be approved by a federal court. Settlement Details And Court Review Based on reports, the deal is structured as a deferred-prosecution agreement. That means charges could be dropped if…

BlackRock’s spot Bitcoin ETF is pulling in cash at a speed never seen in the fund industry. After another $4 billion streak of inflows this week, IBIT now holds more than 800,000 BTC, worth roughly $98 billion, and is within striking distance of a milestone that no ETF has ever reached this quickly.Bloomberg Intelligence analysts Eric Balchunas and James Seyffart estimate IBIT now generates over $240 million a year in revenue from its 0.25% fee, making it BlackRock’s most profitable product across its global lineup of more than 1,000 ETFs. That’s a stunning outcome for a fund launched less than…

Prediction markets are not a niche crypto subculture anymore. They are mainstream finance.  Kalshi, one of the world’s largest prediction markets that accepts bitcoin deposits, announced it has raised $300 million in new funding at a $5 billion valuation and will soon open access to users in more than 140 countries, according to The New York Times.  The round, led by Sequoia Capital and Andreessen Horowitz with participation from CapitalG, Coinbase Ventures, Paradigm, and others, more than doubled Kalshi’s valuation from its previous raise in June.  The company’s annualized trading volume has surged from $300 million last year to an…

The bitcoin price dropped to the $118,000s range today after President Trump announced plans to raise tariffs on Chinese goods in response to China’s export controls on rare earth metals.  Bitcoin price is down roughly 2.3% in the past 24 hours and about 6% since reaching a record high above $126,000 just four days ago. President Trump threatened a “massive” increase in tariffs on Chinese goods, signaling a sharp escalation in the U.S.-China trade tensions and casting doubt on a planned APEC meeting with President Xi. This came after China imposed new limits on rare earth and related technology trade. …

Solana (SOL) treasury companies are following the trend set by Bitcoin (BTC) and Ether (ETH), whose adoption by public companies has boosted stock prices and graced media headlines.Digital asset treasuries (DATs) list on public markets, buy crypto, then work to grow tokens per share. The pitch is simple for traders who want to gain crypto exposure through a brokerage account, offering upside that can outpace spot prices.Exchange-traded funds (ETFs) also provide crypto exposure for investors nowadays, but DATs can hit the market faster. Additionally, premiums and discounts to net asset value (NAV) create embedded leverage without liquidation concerns, which allows…

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price has dropped a fraction of a percent in the last 24 hours to trade at $121,310 as of 3.45 a.m. EST. This comes as Twitter co-founder Jack Dorsey’s Square announced the launch of a Bitcoin wallet for retailers in a move designed to take Bitcoin payments mainstream and challenge credit cards. JUST IN: Jack Dorsey’s Square introduced a #Bitcoin wallet solution to enable local businesses to accept BTC payments with zero fees. Bullish 🚀 pic.twitter.com/giHUcQTLLr — Bitcoin Magazine (@BitcoinMagazine) October 8, 2025 The wallet,…

Russia is moving closer to formally integrating crypto into its financial system, as officials acknowledge widespread adoption and the central bank prepares to let banks handle digital assets under tight controls.According to a report by TASS, Deputy Finance Minister Ivan Chebeskov said around 20 million Russians now use cryptocurrencies “for various purposes,” describing them as a reality the government must address rather than resist. TASS reported that Chebeskov argued the state needs to develop domestic infrastructure both to protect users and to secure “economic and technological benefits” for the country.The scale of that adoption was highlighted by new figures TASS…