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Coinbase partners with Abu Dhabi sovereign wealth fund Mubadala Capital to launch an on-chain version of its private equity fund.

1 hours ago

According to Fortune, Abu Dhabi sovereign wealth fund Mubadala Capital announced a partnership with Coinbase and infrastructure provider KAIO to launch a blockchain-native version of its long-term private equity fund, which will be offered as a compliant token to qualified investors. As part of the collaboration, Coinbase will operate the token on its Base blockchain, purchase the token, and include it on its balance sheet — marking the first time a U.S. public company has used regulated tokenized assets for native on-chain treasury management on its U.S. stock balance sheet.

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Ethereum fell below $1,900, down 1.3% in 24 hours.

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Bitcoin drops below $65,000, logging a 0.8% decline over the past 24 hours.

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Bitcoin treasury firm Empery makes a $20 million strategic preferred stock investment in AI data center developer CDP.

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A crypto whale set 10 major profit targets, closed short positions to take profit, liquidating 300 BTC positions in the last 12 minutes.

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NVIDIA open-sources its medical physics simulation framework to solve the problem of scarce clinical data for surgical robots.

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U.S. initial jobless claims for the week ended July 18 totaled 187,000, falling to a near four-year low.

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