Publicly traded company Volcon has made its first purchase of 280.14 bitcoins and completed a over $500 million private placement to acquire Bitcoin.
2025.07.22 09:08:29
BlockBeats had previously reported that on July 17th, the electric vehicle company Volcon announced that it would adopt a bitcoin financial strategy. It had entered into securities purchase agreements with certain institutions and accredited investors to privately purchase and sell 50,142,851 shares of common stock at a price of $10 per share, with expected total proceeds exceeding $500 million after deducting placement agent fees and other offering expenses (private placement). Empery led the round, and participants included well-known crypto venture capital firms and infrastructure providers such as FalconX, Pantera, Borderless, RK Capital, and Relayer Capital, as well as traditional financial investors.
New York Stock Exchange and Blockchain.com will explore tokenized U.S. stock trading.
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Sources familiar with the matter: MoonPay acquires private market infrastructure platform North Capital for $60 million.
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Central Bank of Russia: Aims to Eliminate Illegal Cryptocurrency Exchange Platforms by July 1, 2027
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U.S. venture capital firms including Founders Fund have recently been making frequent trips to China to assess AI companies.
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New York Stock Exchange and Blockchain.com to explore tokenized US stock trading
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The Cosmos Hub network has been restarted as scheduled, and block production has returned to normal.
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