The Maldives Bets Big on Crypto: An $8.8 Billion Financial Hub in Paradise | by The Renegades | The Capital | May, 2025
Photo by Colin Watts on Unsplash In a bold move to diversify its tourism-dependent economy and stake its claim in
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Maldives Makes a Risky Bet on a $9 Billion Crypto City to Diversify Its Economy and Challenge Asia’s Titans
Key Takeaways: Maldives is developing a $9B blockchain finance center to reduce its dependence on tourism. The project will triple
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$9 Billion Price Tag: AI Startup Anysphere’s Rapid Ascent
Thrive Capital, a venture capital firm backed by OpenAI, has led a significant $900 million funding round for Anysphere raising
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Coinshares: Digital Asset Investments Record Staggering $5.5 Billion Inflow Over 3 Weeks
Digital asset investment products saw a surge in momentum, with $2 billion in weekly inflows pushing the 3-week total to
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Weekly ETF Recap: 3rd Straight Week of Gains as Bitcoin ETFs Attract $1.81 Billion
Bitcoin ETFs posted a $1.81 billion net inflow for the week ending May 2, marking their 3rd consecutive week in
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Coinbase Quietly Holds 2.7 Million Bitcoin Under Management, Worth About $261 Billion
Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms
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Ripple bid up to $5 billion to acquire Circle, offer rejected
Key Takeaways Ripple Labs made an unsuccessful $4 billion to $5 billion bid to acquire Circle Internet Financial. Circle focuses
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Coinshares: Digital Assets See $3.4 Billion Inflows in Record Week
Digital asset funds saw a surge of $3.4 billion in inflows last week, marking the third-largest on record, as investors
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Strategy adds 15,355 Bitcoin for $1.4 billion, bringing stack to 553,555 BTC
Key Takeaways Strategy acquired 15,355 Bitcoin for $1.4 billion, increasing its holdings to 553,555 BTC. The acquisition was funded by
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Institutions Go All-in on Solana: Nearly $1 Billion Secured This Week
This week, several institutions and venture capital firms announced purchases or investments in Solana totaling $1 billion, highlighting the token’s
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