Armada Acquisition Corp. II, the SPAC in search of to take XRP treasury operator Evernorth Holdings public, has borrowed $135,000 from Arrington XRP Capital Fund. Arrington is each Armada’s sponsor and the subscriber behind a main XRP dedication to the transaction. Related Reading New US company completes $1 billion XRP purchase as Ripple celebrates price…
Zhibao Technology, a Nasdaq-listed Chinese insurtech company, signed a $154.7 million non-public funding in public fairness (PIPE) settlement payable in 2,380 BTC. If it closes, investors would take management of the board and administration. No closing had been disclosed as of Aug. 1. Under the July 31 securities purchase agreement, investors would purchase 442 million…
Digital Asset Acquisition Corp., the SPAC in search of to mix with the mum or dad of regulated financial institution Old Glory Bank, postponed the shareholder vote on the deal to 10 a.m. Eastern Time on Aug. 14 from July 31. The authentic assembly date fell two days after the acknowledged July 29 redemption deadline….
Enlivex, a Nasdaq-listed biotechnology company, is asking shareholders to authorize up to $800 million of financing tied to the RAIN crypto token. The construction might enhance its share rely by as a lot as 951%. Despite Enlivex’s biotech enterprise, the financing is primarily a crypto-treasury transaction. RAIN delivered at closing would go to the company’s…
CleanCore Solutions, a cleaning-products and Dogecoin-treasury company pivoting into AI infrastructure, introduced a Minnesota data-center enterprise whose working company is a get together to a 10-year colocation settlement with AI-compute company Cerebras. The estimated $800 million contract worth comes with a $479 million challenge finances and up to $500 million in commitments from CleanCore, turning…
Bitcoin’s prolonged decline is forcing cryptocurrency firms to chop workers, automate extra work, and abandon the enlargement plans that outlined the final bull market. At the identical time, it is additionally creating one of many business’s busiest durations for takeovers. Crypto mergers and acquisitions reached $7.23 billion through the second quarter of 2026, up from…
Crypto merchants have turned Elon Musk’s anticipated SpaceX itemizing right into a round the clock proxy market, pushing greater than $1 billion by way of SpaceX-linked perpetual futures within the final three days as traders attempt to front-run one of many largest public choices in Wall Street historical past. The shift comes as retail traders…
President Donald Trump’s household has turned crypto into one of the crucial profitable companies tied to its title, outpacing a few of the corporations that spent years constructing the digital asset market. Between the post-election momentum of November 2024 and April 2026, ventures tied to the US President generated roughly $2.3 billion in pretax crypto…
Thomas Lee’s BitMine is popping to the preferred-stock market to boost contemporary capital for its Ethereum technique, providing traders a 9.5% annual payout. On June 3, the corporate revealed plans to promote 3 million shares of 9.50% Series A perpetual most well-liked inventory with a $100 said quantity, creating a possible $300 million elevate. The…
The Bitcoin Iran deal rally on renewed U.S.-Iran deal optimism is a reputable first-order macro sign. The transfer nonetheless wants affirmation in oil flows, gasoline costs, inflation compensation, and Fed pricing earlier than merchants can deal with it as a reopened path to charge cuts. The rapid market logic is simple. A reported framework may…