The proposed guidelines would allow eligible firms to invest in the top 20 cryptocurrencies by market value.
South Korea proposes 5% limit for listed firms’ crypto exposure
The proposed guidelines would allow eligible firms to invest in the top 20 cryptocurrencies by market value.
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The move is meant to help lure instituional investors and improve market transparency.
Ark Invest has reportedly taken a 11.5% Solmate (SLMT) stake while the company said it bought $50 million discounted SOL from Solana Foundation.
It was a blink and you missed it rally as continued deflation in the AI trade sent the Nasdaq sharply lower, dragging crypto along with it.
Bernstein kept its Street-high $510 price target on Coinbase, citing strong fundamentals and product expansion.