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Cantor Fitzgerald's Tether stake could hit $25B in fundraise
Cantor Fitzgerald придбала понад $600 млн конвертованого боргу Tether, що дає компанії 5% частку в емітенті стейблкоїна. За даними Bloomberg, Tether нині залучає близько $15 млрд за оцінки $500 млрд. За такої оцінки частка Cantor коштуватиме близько $25 млрд. Anchorage prepares for Tether's USAT launch by doubling staff
Anchorage Digital Bank NA will more than double its stablecoin unit as it prepares to issue Tether's new U.S.-regulated stablecoin USAT under its federal banking charter, Bloomberg reports. The expansion comes ahead of USAT's planned year-end debut. Mike Novogratz: U.S. policy could break Bitcoin’s four-year cycle
Mike Novogratz, CEO of Galaxy Digital, says the United States has reached a point where crypto regulation is shifting from rhetoric to reality. In a Bloomberg interview, he linked the change to two moves in Congress: a stablecoin bill signed in July (GENIUS Act) and the pending CLARITY Act. Why China is stockpiling oil at record levels - opinion
China has purchased more than 150 million barrels of crude oil this year, roughly $10 billion worth beyond its immediate consumption needs. The buying spree sets a new record and has prompted debate over Beijing’s motives. Bloomberg highlights the logic behind this. 
Bloomberg reports that Dragonfly Capital, a crypto-focused venture company, is preparing to raise $500 million for a new fund aimed at early-stage blockchain projects. So far, over $250 million has been secured, with the full fundraising expected to be completed by the first quarter of 2025. Ripple eyes $1B XRP treasury while acquiring GTreasury
Ripple is courting ~$1 billion for a new XRP‑focused digital‑asset treasury (DAT) and may seed it with its own tokens, per Bloomberg. The raise would run via a SPAC while Ripple builds corporate rails through a $1B GTreasury buy and other deals. 
Bloomberg reports that OpenAI is on the verge of releasing its latest AI model, named Strawberry, which is expected to improve its ability to reason through tasks. A limited access release is planned for this week, though no public launch date has been announced.