Sarah Suleiman

Donald Trump Signs Order Letting Crypto Into 401(k) Retirement Plans
The order directs the Department of Labor to reevaluate how crypto should be treated by retirement fund managers.
U.S. President Donald Trump has signed an executive order to allow crypto investments in 401(k) retirement plans, opening the gates for millions of dollars to flow into the asset class.

The order, which also allows for private equity investments, is poised to dramatically widen the scope of what retirement plan providers can direct funds to. This in turn could help crypto prices while further integrating digital assets with the broader financial system
Alternative assets, such as private equity, real estate, and digital assets, offer competitive returns and diversification benefits," a fact sheet published Thursday said.

While it was never technically prohibited to add crypto to a retirement plan, the Department of Labor previously put out guidance for fiduciaries to “exercise extreme care before they consider adding a cryptocurrency option to a 401(k) plan's investment menu for plan participants

guys follow my friend 👉 Bitcoin first
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Mill City acquires 76.3M SUI following $450M raise amid push for Sui corporate strategy
Mill City Ventures has acquired 76.3 million SUI tokens following the close of a $450 million private placement, becoming the first publicly listed company to launch a crypto treasury strategy backed by the Sui Foundation.
Mill City partnered with hedge fund Karatage and received an equivalent investment from the Sui Sui
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Sui Foundation to kick off the initiative.

The firm’s new SUI holdings, acquired at an average price of $3.6389, are now held in a public wrapper offering retail and institutional investors daily liquidity.

Institutional access to Sui begins
Mill City’s treasury now holds over $277 million in SUI and plans to continue accumulation through over-the-counter and open market purchases. The strategy allows investors to gain direct exposure to the Sui network via a listed vehicle, positioning the firm as a unique access point for capital markets participants.
The deal was led by Karatage co-founders Marius Barnett and Stephen Mackintosh, who have joined Mill City as chairman and chief investment officer, respectively. Galaxy Asset Management will oversee the treasury’s operations, while other major participants include Pantera, Electric Capital, ParaFi, and Big Brain Holdings.$SUI

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AI firm Quantum Solutions plans $350m Bitcoin purchase

Quantum Solutions is positioning itself as a pioneer among Japanese firms by launching an ambitious plan to acquire 3,000 Bitcoin over the next year. This $350 million bet would mark the country’s largest corporate BTC holding to date. The move, backed by Integrated Asset Management and managed through its Hong Kong subsidiary, signals a growing appetite in Asia for Bitcoin as a long-term treasury asset.
Bitcoin (BTC) is gaining significant traction as a treasury asset in Asia. On July 23, Tokyo-listed Quantum Solutions announced plans to purchase 3,000 BTC, valued at approximately $350 million, over the next 12 months as part of a broader strategy to diversify its treasury assets. The move, if implemented, would be the biggest accumulation of BTC by a Japanese firm to date.
The plan will commence with a $10 million initial investment by GPT Pals Studio Limited, a wholly owned subsidiary of Quantum Solutions in Hong Kong. The International firm Integrated Asset Management (Asia) Limited, also an owner of Forbes Media, will provide the capital for the investment.$BTC
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