according to the website materials - By TheCoinrise Media

Cryptocurrency financing in the market is rapidly increasing again. From July 28 to August 2, crypto companies raised over $1.6 billion. Major investors are now supporting projects that connect cryptocurrencies with real applications, such as payments and finance. This indicates a growing belief in the practical future of cryptocurrencies.
There is also a growing interest in regulation and financial transparency. Companies are raising capital in preparation for new laws, particularly concerning stablecoins and treasury management.

MARA, the largest publicly traded Bitcoin mining company, made headlines by securing a private placement of $850 million in the form of zero-coupon convertible bonds maturing in 2032. The placement is targeted at qualified institutional buyers. It also includes a potential upsell of $150 million, which could bring the total amount closer to $1 billion.
The miner plans to use a large portion of the funds to purchase bitcoins, pay down part of its debt, and hedge its shares against sharp price fluctuations. The deal is tied to the company's stock price, indicating investors' confidence in its strong market positions.

Additionally, Mill City Ventures became the first publicly traded company to launch a crypto asset management strategy supported by the Sui Foundation. As part of the private placement, Mill City invested $450 million in purchasing 76.3 million SUI tokens at a price of $3.64 each.

The company received support from Karatage and the Sui Foundation. Mill City plans to continue adding tokens through over-the-counter deals and purchases on the public market.

FG Nexus, formerly known as Fundamental Global, raised $200 million to purchase Ethereum (ETH) and invest in staking and decentralized finance (DeFi). This move marks the 10th anniversary of Ethereum and a shift towards using ETH as the primary treasury asset.
This initiative has been supported by major companies such as Galaxy Digital, Kraken, Hivemind Capital, and Digital Currency Group. This strategy places FG Nexus alongside leading corporations advancing Ethereum adoption.

In parallel, the ETH Strategy campaign raised another 12,342 ETH amounting to $46.5 million, mainly through private sales. Most of the ETH will be directed towards staking and liquidity, while the remainder will be allocated for auditing, growth, and community incentives.

During this period, some projects focused on Web3 and infrastructure also received funding. RD Technologies raised $40 million to create a stablecoin infrastructure immediately after the stablecoin licensing law took effect in Hong Kong.

Billions Network raised $30 million from Polychain Capital, Coinbase Ventures, and Polygon. With support from ZA Bank, the company plans to launch regulated digital products such as HKDR and a cross-border wallet.

Tether-backed Stable raised $28 million to create a blockchain for stablecoin payments, led by Bitfinex and Hack VC. This gasless blockchain supports USDT and complies with the new GENIUS law. Similarly, Zodia Markets, supported by Standard Chartered, raised $18.25 million to develop its platform for trading stablecoins and cross-border payments.

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