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MakerDAO goes ahead with $500M investment in treasuries and bonds

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$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield.

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Coin Market

Securitize proposes BlackRock BUIDL fund as collateral for Frax USD

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According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has roughly $549 million in assets under management.

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Coin Market

SUI, BGB, ENA and VIRTUAL show strength as Bitcoin looks for direction

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Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.

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Coin Market

Trump nominates Stephen Miran as Council of Economic Advisors chairman

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“I’m a huge believer in innovation, in powering the betterment of mankind, and increasing prosperity,” Miran recently said in a podcast.

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