Alameda Research, a bankrupt crypto investment firm, is seeking the support of GBTC shareholders who hold at least 10% of Grayscale’s Bitcoin Trust shares in its lawsuit against Grayscale and its parent company, DCG. Alameda plans to file an amended complaint against Grayscale, and is in talks with several unnamed GBTC shareholders who are willing to join as co-plaintiffs. Bitcoin Magazine CEO David Bailey has urged GBTC shareholders to join the lawsuit, stating that it will affect all shareholders and determine if they are investors or hostages. Grayscale is currently engaged in a legal dispute with the SEC over its plan to convert its Bitcoin Trust into an ETF.
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Alameda Research Seeks Support from Grayscale Bitcoin Trust Shareholders in Ongoing Lawsuit
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Tetra Digital Group, a digital asset infrastructure company, has secured approximately $10 million in funding.
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Lead Bank raises $70 million at a $1.47 billion valuation
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Commission-free trading platform Midas secures $80 million in funding at a valuation of nearly $1 billion
according to Bloomberg, Turkey's first commission-free trading platform Midas is valued at nearly $1 billion after its latest funding round. The company announced earlier this week that it had secured $80 million in funding, setting a new record for funding for a Turkish financial technology company. This round of funding was led by QED Investors, with additional investors including the International Finance Corporation (IFC) and existing investors Spark Capital. With this, Midas' total funding has reached $140 million. Midas is the owner of Istanbul brokerage firm Midas Menkul Degerler AS, and is seen as the Turkish version of the "Robinhood" trading platform. -
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AI-native platform Sola completes $17.5 million Series A funding round, led by a16z
AI native platform Sola completed a $17.5 million Series A financing round, led by a16z. Sola uses AI robots to automate workflows. Their agents observe how users perform tasks on the screen and can automatically handle these tasks even in traditional tools without APIs or integrations. -
Grayscale transferred more than 1,000 BTC to Coinbase Prime address again last night
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Grayscale GBTC Bitcoin holdings fell below 300,000 BTC
Official data from Grayscale shows that as of April 26th local time, GBTC's Bitcoin holdings have fallen below the 300,000 BTC mark to 298,445.4699 BTC, a decrease of approximately 2,167 BTC from the previous day. Additionally, GBTC's assets under management (non-GAAP) have decreased to $19,052,609,573.56, and its circulating shares have decreased to 335,190,100.
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