Forward Industries Funds Buyback With Solana-Backed Loan

Forward Industries, a publicly traded company with a Solana-focused treasury strategy, has launched a share repurchase program funded through a crypto-collateralized loan from Galaxy Digital LLC, underscoring how digital assets are increasingly being used in traditional corporate finance. The company said Thursday it will repurchase 6,164,324 shares of its common stock from an unnamed institutional

EtherFi Allocates $25M to Plume’s Nest for RWA Yield

EtherFi has allocated $25 million to Plume’s real-world asset (RWA) protocol Nest, as it integrates tokenized RWA yield directly into its platform, as it looks to expand beyond crypto-native sources of return. According to an announcement on Thursday, rollout will begin with exposure to Plume’s nBASIS vault, which is tied to Superstate’s USCC crypto carry

Bybit Launches Yield Product for Tether Gold (XAUT)

Cryptocurrency exchange Bybit has launched a yield-bearing tokenized gold product that lets users earn interest on Tether Gold (XAUT), the latest entrant into a broader push to turn traditionally non-yielding assets into income-generating instruments. The product converts tokenized gold — typically a passive store of value — into a yield-generating asset using XAUT, the largest

Animoca Brands Backs Ava Labs to Grow Avalanche in Asia, Mideast

Animoca Brands has made a strategic investment in Ava Labs and will support projects building on the Avalanche blockchain, with a focus on expansion in Asia and the Middle East. According to Thursday’s announcement by the Hong Kong-based Web3 company, the collaboration will target sectors including real-world assets, digital identity and entertainment, with Animoca providing

Bitcoin Rally to $76K Shows Strength but Lacks Confirmation

Bitcoin’s (BTC) rally to $76,000 revived market optimism for investors, but onchain data suggested that the move may still be part of an early-stage recovery defined by frequent periods of price volatility. According to Glassnode, BTC price has entered a relatively “open” zone between $72,000 and $82,000, where there’s less resistance. This range is particularly

Carpool and Ride Sharing Company Ryde Adopts Crypto Treasury Model

Ryde Group, a Singapore-based ride-sharing and carpool platform, similar to Uber or Lyft, said on Wednesday that it has adopted a crypto treasury strategy for its corporate reserve. The company said it will invest a portion of its corporate reserves in Bitcoin (BTC), Ether (ETH), and Solana (SOL), with specific allocations and purchase timing to

Hashi Bitcoin Finance Protocol on Sui Secures BitGo, FalconX Commitments

A new Bitcoin-based finance protocol called Hashi has been introduced on the Sui blockchain, with early participation commitments from crypto institutions including BitGo, Bullish and FalconX ahead of its planned launch later this year. According to an announcement shared with Cointelegraph, Hashi is designed to let Bitcoin holders earn yield on native Bitcoin (BTC) through

Major League Baseball Inks Deals with US Regulator, Polymarket

Major League Baseball (MLB) announced that it signed an “integrity protection” agreement with the US Commodity Futures Trading Commission (CFTC) as it separately inked a deal with prediction market platform Polymarket.  In a Thursday announcement, MLB said that its commissioner, Robert Manfred, signed a memorandum of understanding with CFTC Chair Michael Selig following the league’s

Opera Proposes CELO Token Deal, Replacing Cash Payments With Crypto Stake

Opera, a Nasdaq-listed web browser company, is proposing to change how it is compensated by the Celo ecosystem, opting to receive native tokens instead of cash as it deepens its involvement with the network. The company said Thursday it has proposed restructuring its commercial agreement, moving from US dollar-denominated quarterly payments to an allocation of
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