Firm

Canary Capital is widening its bet on niche crypto assets with a new filing for an exchange-traded fund tied to MOG Coin, a cat-themed memecoin born from TikTok culture.The firm submitted a registration statement …

Key Notes Huobi founder and chairman of Avenir Capital, Li Lin, plans to collaborate with investors to launch a $1 billion ETH treasury. Some of the partners are Fenbushi Capital co-founder Shen Bo, HashKey …

Li Lin, the founder of Huobi and chairman of Hong Kong-based Avenir Capital, is spearheading a new $1 billion ether ETH$3,822.41 trust alongside several of Asia’s most influential early Ethereum investors, according to Bloomberg. …

Ripple Labs is reportedly leading an effort to raise at least $1 billion through a special-purpose vehicle aimed at accumulating XRP, according to Bloomberg. The raise will be conducted via a special purpose acquisition …

In brief Ripple has bought corporate treasury management firm GTreasury for $1 billion. It’s Ripple’s third major acquisition this year after buying primer brokerage Hidden Road and stablecoin platform Rail. Ripple CEO Brad Garlinghouse …

In brief Shares in Ethereum treasury firm ETHZilla fell more than 5% after it announced a reverse 1-for-10 stock split. Outstanding shares will shrink from around 160 million to 16 million when the split …