Latest news with #tokens
Bloomberg
5 days ago
- Business
- Bloomberg
Memecoin Platform Pump.Fun Plans $1 Billion Raise via Token Sale
A platform dedicated to highly speculative cryptoassets is planning to raise $1 billion by selling tokens, taking advantage of the current wave of positive sentiment buoying digital-asset markets. which has been compared to the edgy 4chan social media network, allows users to quickly create, promote and sell memecoins, a type of token often associated with jokes and memes and sometimes with celebrities and US presidents.
Reuters
22-05-2025
- Business
- Reuters
Kraken to allow trading in Apple, Tesla and Nvidia shares as digital tokens, WSJ reports
May 22 (Reuters) - Crypto exchange Kraken will allow non-U.S. customers to trade shares of Apple (AAPL.O), opens new tab, Tesla (TSLA.O), opens new tab, Nvidia (NVDA.O), opens new tab and some other high-profile companies in the form of tokens, the Wall Street Journal reported on Thursday.
Bloomberg
21-05-2025
- Business
- Bloomberg
Asset-Backed Crypto Token Wasn't
The oldest trick in the book is: Here is a bizarre and charming US Securities and Exchange Commission enforcement action against Unicoin Inc. and three of its executives (Alex Konanykhin, Silvina Moschini and Alex Dominguez) for all sorts of fun stuff. Unicoin is, approximately, a crypto company that wanted to sell tokens that were going to be (as the SEC complaint puts it) 'asset-backed by billions of dollars in real estate and equity interests in promising pre-IPO companies.' There are various legal complexities that you have to deal with if you want to do that, including:
