Blockchain

Figure has agreed to acquire Kiavi’s technology and operating platform in a $717 million transaction. The deal is expected to bring more than $7 billion in annual first-lien loan volume onto Figure’s blockchain-based marketplace. Key Takeaways Figure agreed to buy Kiavi for $717M, adding AI-powered real estate lending technology. Figure…

TLDR: Figure’s Kiavi acquisition adds over $7 billion in annual first-lien lending volume to its network. Democratized Prime is expected to receive more than $100 million in monthly asset flow after closing. Kiavi becomes the first platform scheduled for onboarding through Figure’s new Adaptor AI system. A Figure and Sixth…

South Korean tech giant LG Electronics is working with the Ethereum layer-2 network Arbitrum to build a blockchain-based advertising network aimed at serving the digital ad industry.  Arbitrum would give advertisers and publishers a shared database of ad inventory and track how customers interact with advertisements, with the company exploring…

The Avalanche Treasury Company saw a rocky start as it debuted on Nasdaq under the ticker AVAT on Thursday, with shares dropping 16% by the end of the day. The new company gained access to the Nasdaq after merging with special-purpose acquisition company (SPAC) Mountain Lake Acquisition in a $675…

The UAE-based investment group ASK Group and U.S. blockchain company Keeta have partnered to launch a public exchange where physical assets will be traded as fractional digital tokens. Key Takeaways UAE’s ASK Group and Keeta launched a joint venture to tokenize physical Gulf assets by 2027. Keeta’s Layer 1 blockchain…

Tim Draper argued bitcoin faces less quantum risk than banks, comparing its security to Fort Knox. His comments shifted attention from blockchain vulnerabilities to legacy financial systems, as debate grows over quantum computing’s threat to modern cryptography. Key Takeaways Draper argued banks face greater quantum risks than decentralized blockchain networks.…

When Hugo Philion was raising money for Flare, the blockchain network designed to bring smart contract capabilities to XRP and other assets, he kept hearing the same question from venture capitalists. “Why do you want to touch XRP?” Philion, co-founder of Flare, recalled the reaction that says a great deal…

Roqqu, a Nigerian cryptocurrency exchange, has partnered with Ondo Finance, a US-based tokenised asset manager, to offer blockchain-based versions of US stocks and exchange-traded funds (ETFs) to retail investors. The product is expected to launch at the end of June, according to Roqqu. For Nigerian retail investors, the product offers…

Tom Lee Sets $22,000 Ethereum Target on AI-Blockchain Thesis The post Tom Lee Floats $22,000 Ethereum Target: What Has to Be True? appeared first on Cryptonews...Read More

Blockchain-based poker room CoinPoker has just taken a bold step to further solidify its status as a global hub for online gaming. That bold move comes through a partnership with Triton Poker to become the official sponsor of its Montenegro Super High Roller Series (SHRS), underway since May 13...Read More