Treasury

Treasury

Markets

Bitcoin Treasury Firm Bubble Comes Full Circle as Sequans Unloads BTC to Cut Debt

Sequans sold 970 Bitcoin to redeem half of its convertible debt, reducing total liabilities from $189 million to $94.5 million.

SQNS Share Price (TradingView)

Finance

Investment Bank China Renaissance Plans $600M BNB Treasury With YZi Labs: Bloomberg

The proposed investment vehicle would be a publicly traded US company designed to buy and hold BNB, marking one of the largest single bets on BNB by a publicly listed entity.

Stylized BNB token logo (Midjourney/Modified by CoinDesk)

Finance

CEA Industries Total BNB Holdings Rise to 480K as Token Hits Record High

The value of CEA's BNB holdings has moved to over $625 million, BNB itself reaching a new all-time high above $1,310.

Stylized BNB token logo (Midjourney/Modified by CoinDesk)

Markets

Leap Therapeutics Shares Jump on $59M Winklevoss-Led Crypto Deal

The penny stock name said the investment will be used to purchase cryptocurrency to be held on the company balance sheet.

Cryptocurrency prices seen on phone and monitors. (Sajad Nori/Unsplash/Modified by CoinDesk)

Finance

Forward Industries Launches $4B ATM Offering to Expand Solana Treasury

Forward Industries currently has the largest solana treasury among publicly traded firms with 6.8 million SOL.

Solana (SOL) Logo

Markets

TON Strategy Starts Share Buyback, Treasury Staking After Shares Plunge 40%

The company has also begun staking its TON holdings, which total 217.5 million tokens, to earn rewards and generate yield.

Price charts. on various screens (Jakub Żerdzicki/Unsplash)

Finance

Forward Industries Raises $1.65B to Launch Solana Treasury, Shares Surge 128% Pre-Market

The design firm turned digital-asset player secured backing from Galaxy Digital, Jump Crypto, and Multicoin Capital in what it calls the largest Solana-focused treasury financing to date.

The Solana conference's closing gala in Lisbon's main square. (Zack Seward/CoinDesk archives)

Finance

StablecoinX Secures $530M Investment to Back Ethena-Linked Treasury

The funds will be used to acquire an expected 3 billion ENA, according to StablecoinX, a dedicated treasury vehicle for the stablecoin protocol.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Finance

Sonic Labs Commits $40M to SonicStrategy as It Eyes Nasdaq Listing, U.S. Expansion

The funding will be used to support SonicStrategy's treasury, validator operations, and blockchain investments, and can convert to common stock at $4.50 per share.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Markets

Public Token Treasuries and Tokenization are Fantastic for Crypto, But Risks Remain, Binance's CZ Says

Tokenization of real-world assets (RWAs) is accelerating, bringing stablecoins, treasury bills, real estate and more into the crypto ecosystem, CZ added.

CZ speaks at BTC Asia in Hong Kong (screenshot)