Key Cryptocurrency Platforms Attract Major Investments and Innovations
Key Cryptocurrency Platforms Attract Major Investments and Innovations
Recent news highlights significant activity across prominent cryptocurrency platforms. An Ethereum treasury firm, BitMine, made headlines with a $200 million investment in MrBeast's Beast Industries, bridging a major U.S.-listed Ethereum entity with the global creator economy. Elsewhere, the Fogo blockchain launched its high-speed mainnet following a successful $7 million Binance token sale, touting speeds significantly faster than rivals like Solana and Sui. Furthermore, Galaxy Digital introduced a $75 million tokenized CLO on Avalanche, designed to fund Arch Lending's crypto-backed lending facility, showcasing continued innovation in decentralized finance. The London Stock Exchange Group also revealed its 24/7 blockchain-based settlement platform for tokenized bank deposits, signaling a growing embrace of distributed ledger technology by institutional finance.
The $200 million in MrBeast’s Beast Industries ties the largest U.S.-listed Ethereum treasury to a global YouTube and creator economy.
Fogo aims to achieve 40-millisecond block times, making it “up to 18x faster” than rival throughput-maxing networks like Solana and Sui.
Galaxy Digital closed a $75 million tokenized CLO on Avalanche to finance Arch Lending’s crypto-backed lending facility.
LSEG launched its Digital Settlement House enabling 24/7 settlement of tokenized commercial bank deposits across currencies and networks.