Crypto News

Trump Media and Technology Group (DJT), the company that operates the social media site Truth Social, is planning to raise $3 billion to buy crypto assets, the Financial Times reported on Monday.The capital raise, which is said to combine an equity raise and convertible bond offering, could be announced at this week's Bitcoin 2025 event held in Las Vegas, according to the report.The news comes as a growing roster of public firms are adding cryptocurrencies, predominantly bitcoin BTC, to their balance sheets, taking a page from Michael Saylor-helmed Strategy's (MSTR) increasingly popular playbook. The software firm has become the world's largest corporate holder of the leading crypto asset, accumulating over $62 billion in BTC in its treasury by financing the...

A new report by Humanity Research Consultancy has accused Cambodia of supporting criminal networks that leverage crypto.Source link

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The Dubai Land Department (DLD), a government agency for the real estate industry, has launched its first tokenized real estate platform as part of a government-backed effort that could see $16 billion worth of real estate digitized by 2033.The platform, called Prypco Mint and developed in partnership with real estate fintech firm Prypco, allows investors to purchase fractional ownership in Dubai properties using local currency starting at 2,000 dirhams, or about $540, according to a Sunday press release by the agency.In the initial phase, the platform only supports dirham transactions and is available to United Arab Emirates ID cardholders, but the agency said it plans to expand access globally in the near future and integrate more platforms later. Zand Digital...

The Trump family-led company intends to raise $2 billion in fresh equity and $1 billion through convertible bonds, six sources told the Financial TimesSource link