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Bullish is extending a $100 million debt facility to USD.AI to finance loans backed by GPUs used in artificial intelligence infrastructure, CoinDesk reported. USD.AI’s related crypto asset trades under the ticker CHIP.
Mirae Asset founder Park Hyeon-joo outlined plans for a $109 billion crypto business after acquiring Digital X, formerly Korbit. The strategy includes stablecoins, real-world assets and security token offerings.
Bitfinex Securities has raised $50 million and is preparing a security linked to a Luxembourg-based platform holding a reported $1.6 billion stockpile of high-purity nickel wire, CoinDesk reports.
Strategy’s net leverage is near zero as cash almost matches its convertible debt, while the bitcoin treasury company has built nearly four years of preferred-dividend coverage and continues buying STRC below par.
Kalshi has sold $1.12 billion of a planned $1.5 billion equity offering, according to a Form D cited by Cointelegraph. The filing lists 71 investors and cites an exemption from SEC registration for certain private offerings.
