The funding will support Superstate’s effort to let companies issue and trade regulated shares directly on public blockchains. Financial technology and tokenization company Superstate has raised $82.5 million in a Series B round as it pushes deeper into onchain capital markets, aiming to modernize the way companies raise money and go public using blockchain. The round was led by Bain Capital Crypto and Distributed Global, with participation from Haun Ventures, Brevan Howard Digital, Galaxy Digital, Bullish, ParaFi and several other crypto-focused investors, according to a press release shared with Cointelegraph. “This year, tokenization will catalyze the transformation of capital markets,” said Robert Leshner, CEO of Superstate. “We're grateful to our partners that allow us to grow our best-in-class team, products, and ambitions,” he added. Read more
US President Donald Trump has decided not to invade Greenland, which gives Bitcoin some relief from the geopolitical pressures that have been weighing on its price chart. The world breathed a small, collective sigh of relief on Wednesday when US President Donald Trump said he would not use force to take over Greenland during a rambling, hour-long speech to a crowd of world leaders in Davos. Trump argued why the US should rightly own Greenland, ostensibly as a bulwark against Russian or Chinese influence in the region. However, he walked back some worrying rhetoric about military action, stating that he would not use force to take over Greenland, which itself is an autonomous region of Denmark. He scrapped plans to use tariffs to pressure allies to go along with his acquisition plans. Indeed, he walked away from Davos with a supposed “framework of a future deal.” Bitcoin (BTC) responded positively to the news, bumping up from around $87,000 to $90,000 as the evening came to a close. Read more
Onchain asset manager Maple is taking syrupUSDC to Coinbase’s Base network, adding institutional credit rails while pursuing Aave's Base instance next. Onchain asset manager Maple is extending its yield-bearing US dollar token, syrupUSDC, to Coinbase’s Base network, plugging institutional credit directly into a fast‑growing Ethereum layer-2 ecosystem. According to a Thursday release shared with Cointelegraph, the launch will provide the company with a “direct path” to Coinbase’s broader ecosystem of users and products, while making institutional-grade yield available to a wider base of onchain users, rather than keeping it siloed on the Ethereum mainnet. An Aave governance proposal is also currently live to onboard syrupUSDC as collateral on the Aave V3 Base Instance, if the vote passes. Read more