Singapore-based Ryde adopts crypto treasury strategy
The carpool and ride-sharing platform, which already accepted Bitcoin for customer payment, moves to crypto treasury despite challenges of price declines.
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The carpool and ride-sharing platform, which already accepted Bitcoin for customer payment, moves to crypto treasury despite challenges of price declines.
Bitcoin markets have started to turn bullish again, but data shows that a key “bull market threshold” has not been established yet.
The Web3 company will provide capital, advisory support and business development to help Avalanche projects scale, with a focus on real-world assets and digital identity.
The crypto exchange is offering a yield product tied to Tether Gold (XAUT), signaling a shift toward turning traditionally passive assets like gold into income-generating instruments.
EtherFi will integrate Plume’s Nest vaults, beginning with exposure to a Superstate-backed fund and expanding to a dedicated RWA vault within its platform.
In 2023, Celo voted to pay quarterly CELO grants to Opera to fund its deployment across the web browser's Mini App ecosystem.
DDC is continuing to build its bitcoin position despite falling short of earlier, more aggressive accumulation targets.
Traction in such decentralized exchanges is likely to grow over time and extend beyond commodities to other assets, JPMorgan said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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