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Crypto

Tether takes 8.2% stake in Antalpha, expands bitcoin mining finance investment

Tether has secured an 8.2 percent stake in bitcoin mining finance platform Antalpha, becoming a major shareholder. A U.S. filing shows Tether holds 1.95 million shares through affiliates, with chairman Giancarlo Devasini sharing voting and disposal authority. Antalpha provides bitcoin-backed loans and mining equipment financing and had a loan portfolio of about $1.6 billion at end-2024. Tether has been widening investments across mining, AI, financial services and tokenised assets.

Crypto

UAE investors buy AI on dips, keep crypto exposure despite Middle East conflict

UAE investors have selectively bought AI and technology stocks despite rising tensions in the Middle East, showing a clear trend of rebalancing portfolios while keeping conviction in long-term growth themes. Data released by eToro showed higher allocations to software and AI infrastructure names that fell sharply in the first quarter. Crypto-related exposure also remained intact, while regulators and companies maintained operations even as security concerns and short-term risks persisted.

Crypto

Coinbase backs fast passage of CLARITY bill after call by U.S. Treasury Secretary Bessent

Coinbase CEO Brian Armstrong (브라이언 암스트롱) publicly backed swift action on the CLARITY bill urged by U.S. Treasury Secretary Scott Bessent (스콧 베센트). The move is seen as a shift by Coinbase, which has opposed a provision barring interest payments to stablecoin holders. Bessent called for comprehensive digital asset legislation and pressed the Senate Banking Committee to accelerate final review. Outstanding issues include DeFi rules and limits on senior officials’ crypto holdings.