Jane Street Capital now holds over 5% of Coinbase stock

Jane Street Capital has accumulated substantial Coinbase stock.
According to financial intelligence site Fintel, Jane Street owned 5.3% of Coinbase’s outstanding shares in February.
COIN was valued at $140.86 at the time of the company’s 13G filing on Feb. 9, placing the value of its holdings at $1.

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Global ETP investors shift $126 million away from major cryptocurrencies, favor altcoins like Polkadot

Digital asset investment products experienced a notable setback, with outflows reaching $126 million last week, according to CoinShares’ latest weekly report.
Bitcoin’s outflow accounted for a significant portion, representing 87% of the total net flow for the week.

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BlackRock tokenized BUIDL fund now convertible to USDC 24/7 via Circle integration

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Permissionless Capital partners with Solana, Immutable, Chainlink for web3 startup competition

Permissionless Capital, a web3 platform for startups, has announced the launch of its Permissionless Opportunities Event, inviting web3 startups to apply for a chance to secure resources and support to bring their products to market, as reported by the company.

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Sora Ventures, Metaplanet bet $6.5 million on Bitcoin to create ‘Asia’s first MicroStrategy’

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Grayscale drops Cardano and Cosmos from its crypto funds in quarterly rebalancing

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Crypto VC investments increased 38% in first quarter breaking 2 year trend

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Nomura Bank launches Libre with Polygon for on-chain tokenization of alternative assets

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Record $13.2 billion YTD inflow into digital assets eclipses 2021 total

Last week, digital asset investment products experienced a $2.9 billion net flow, marking two consecutive weeks of record-breaking inflows, according to CoinShares’ latest weekly report.
This achievement propelled digital asset products to a new annual net flow record of $13.

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Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfire

MicroStrategy could raise as much as $600 million from its latest convertible debt offering to purchase more Bitcoin.
However, JPMorgan analysts have reportedly cautioned that the firm’s reliance on debt to purchase Bitcoin could exacerbate a market downturn.

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