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Home » Archives for Business Wire » Page 188

Bitwise’s Bitcoin and Ether ETPs to Offer In-Kind Creations and Redemptions, Providing Greater Trading Efficiency to Investors

July 30, 2025 By Business Wire

The SEC’s approval marks a key milestone for bitcoin and ether ETPs, bringing their creation and redemption processes in line with those of traditional-asset ETFs and ETPs.SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, the global crypto asset manager with over $10 billion in client assets, today announced that the Bitwise Bitcoin ETF (NYSE: BITB) and the Bitwise … [Read more...] about Bitwise’s Bitcoin and Ether ETPs to Offer In-Kind Creations and Redemptions, Providing Greater Trading Efficiency to Investors

Strategy Announces Closing of $2.521 Billion STRC Stock Initial Public Offering

July 29, 2025 By Business Wire

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy™ (Nasdaq: MSTR/STRK/STRF/STRD), the world’s first and largest Bitcoin Treasury Company, today announced the closing of its initial public offering of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (“STRC”), at a public offering price of $90 per share. The initial public offering for STRC is the largest … [Read more...] about Strategy Announces Closing of $2.521 Billion STRC Stock Initial Public Offering

Distributed Firms Deploy New Cybersecurity Approaches

July 29, 2025 By Business Wire

Companies with remote workers, cloud-based resources flock to access management, zero trust architectures, ISG Provider Lens® report saysSTAMFORD, Conn.--(BUSINESS WIRE)--$III #Cybersecurity--Enterprises are moving beyond traditional cybersecurity architectures, adopting more flexible tools to defend increasingly distributed operations, according to a new research report … [Read more...] about Distributed Firms Deploy New Cybersecurity Approaches

Twenty One Expects to Add 5,800 Bitcoin Before Planned Listing, Increasing Holdings to At Least 43,500 BTC

July 29, 2025 By Business Wire

Since April launch, planned contributions from Tether and institutional investors are anticipated to add $680M1 in new Bitcoin, strengthening capital structure and boosting investor exposure.AUSTIN, Texas--(BUSINESS WIRE)--Twenty One Capital, Inc. (“Twenty One” or “the Company”), the first-ever Bitcoin-native company that expects to be publicly listed at the closing of its … [Read more...] about Twenty One Expects to Add 5,800 Bitcoin Before Planned Listing, Increasing Holdings to At Least 43,500 BTC

Cash App Launches Pools for Group Payments

July 29, 2025 By Business Wire

Offering upfront payment collection and the ability for group members to contribute through Apple Pay and Google Pay, pooling money is now quicker and easier than ever with Cash AppDISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Cash App today announced the launch of pools, a new peer-to-peer payment feature that enables group payments with just a few taps. From friends … [Read more...] about Cash App Launches Pools for Group Payments

Searchlight Cyber Partners With TRM Labs to Bring Enhanced Cryptocurrency Analysis to Its Dark Web Investigation Platform

July 29, 2025 By Business Wire

PORTSMOUTH, England & SAN FRANCISCO--(BUSINESS WIRE)--#cybersecurity--Searchlight Cyber has partnered with TRM Labs, the leading provider of blockchain intelligence solutions, to integrate new cryptocurrency analysis capabilities into its dark web investigation platform. The blockchain data provided by TRM Labs allows investigators to identify wallets linked to illicit … [Read more...] about Searchlight Cyber Partners With TRM Labs to Bring Enhanced Cryptocurrency Analysis to Its Dark Web Investigation Platform

SoFi Reports Second Quarter 2025, Accelerates Net Revenue Growth to Record $855 Million, Record Member and Product Growth, and Net Income of $97 Million

July 29, 2025 By Business Wire

Adjusted Net Revenue up 44% to a record $858 million Adjusted EBITDA up 81% to a record $249 million Fee-based Revenue up 72% to a record $378 million Member growth up 34% to a record 11.7 million members Product growth up 34% to a record 17.1 million products Management Raises 2025 GuidanceSAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a … [Read more...] about SoFi Reports Second Quarter 2025, Accelerates Net Revenue Growth to Record $855 Million, Record Member and Product Growth, and Net Income of $97 Million

Marti to Execute Crypto Asset Treasury Strategy

July 29, 2025 By Business Wire

Company to Initially Hold 20% of Cash Reserves in Crypto Assets, with Ability to Increase to 50%ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, announced today that it will initiate a corporate treasury strategy that incorporates the acquisition of certain crypto assets as part of a … [Read more...] about Marti to Execute Crypto Asset Treasury Strategy

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