BlackRock Launches Two Tokenized Money Market Funds for Stablecoin Issuers

BlackRock has launched two new tokenized money market funds, targeting US stablecoin issuers under the GENIUS Act. This move positions BlackRock as a key player in the evolving landscape of crypto finance, as both funds are eligible reserve assets. The announcement came from prominent CryptoTwitter commentator @NateGeraci, highlighting the continuing trend of major financial institutions […]

BitMine Stakes 87% of Its Ethereum Holdings in Fresh Conviction Bet

Tom Lee’s BitMine Immersion Technologies staked another 150,120 Ethereum (ETH) tokens, worth roughly $278 million. The move deepens one of the largest corporate bets on Ethereum’s proof-of-stake network. Blockchain analytics account Lookonchain flagged the transaction hours after it happened on August 4. It lifts BitMine’s total staked ETH to 5,067,309 tokens, worth about $9.38 billion. […]