Crypto card spending jumps 2.5x to $759m in July

Crypto payment card spending has jumped 2.5 times from a year earlier to reach $759 million in July, supported by nearly 9 million purchases settled mainly through dollar-backed stablecoins. A16z crypto reported the figures using data from Paymentscan, which tracks…...
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Goldman Sachs buys LCN in deal worth up to $410M

Goldman Sachs has agreed to buy LCN Capital Partners for up to $410 million, adding about $3 billion in commercial real estate assets to its investment management business. Goldman Sachs said in an Aug. 18 announcement that the transaction will…...
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Metaplanet commits 2,100 BTC to launch US treasury

Metaplanet has agreed to invest 2,100 Bitcoin and $2.5 million in Nasdaq-listed Super League Enterprise, securing a 95.7% stake and creating a U.S. Bitcoin treasury company called Superplanet. According to a joint company announcement published on Aug. 18, the proposed…...
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