Crypto Roundup: Digital Asset Raises $355M, Citi Tokenizes Shares

Digital Asset, the developer of the Canton Network, raised $355 million in a funding round led by a16z crypto. Citigroup is rolling out a blockchain platform for trading tokenized private company shares. Bitmine purchased 25,000 ETH on Wednesday, bringing its three-day total to 125,000 ETH, according to Lookonchain. BlackRock submitted a new amendment for its proposed yield-generating bitcoin ETF ahead of an expected launch.

Figure Technology Solutions agreed to acquire real estate lending platform Kiavi for $717 million. South Korean police named Bithumb CEO Lee Jae-won in a bribery investigation involving lawmaker Kim Byung-kee. Visa said stablecoins are reshaping commerce infrastructure as it deepens its AI and tokenization efforts. Japan's lower house moved forward legislation to classify cryptocurrencies as financial instruments, while Hungary is reportedly moving to decriminalize crypto trading. Bernstein said the FIFA World Cup could drive an additional $5 billion to $10 billion in prediction market volume.