DeFi can’t grow without institutional adoption, Securitize CEO says

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Securitize and Ethena have announced Converge, an EVM blockchain focused on supporting and advancing both DeFi and tokenized assets. 

Here’s my TLDR: Converge wants to build products and apps with partners catered to institutional investors, giving them access to DeFi. Securitize will issue both future and existing tokenized assets on the blockchain. 

Partners include Maple, Morpho, Pendle, Aave Labs’ Horizon, and then you have custodial support from the likes of Copper, Fireblocks and Komainu. 

The two plan to launch Converge within the next three months, Securitize CEO Carlos Domingo…

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Access USD Without Selling Your BTC With Bitcoin Backed Loans

A new lending product from Xapo Bank allows qualifying members to access USD loans using their bitcoin holdings as collateral. This enables bitcoin holders to tap into the fiat value of their assets without having to sell.

Xapo Bank, a licensed bank focused on bitcoin services, launched bitcoin-backed lending this week. Eligible members can now take out loans up to $1,000,000 secured against their bitcoin.

Once approved, the loan funds are instantly deposited into the member’s bank account. The corresponding bitcoin is held in secure storage by Xapo until repayment. This allows members to retain their bitcoin long-term while borrowing against their current value.

Members can select…

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Introducing Congressman Nicholas Begich, An OG Bitcoiner

Last Tuesday, Congressman Nick Begich (R-AK) introduced The BITCOIN Act of 2025 to the U.S. House of Representatives. He made the announcement that he’d be doing so at the Bitcoin For America summit.

The bill, a revised version of a bill that Senator Cynthia Lummis (R-WY) introduced to the Senate last year, stipulates that the United States government acquire 1 million bitcoin for its Strategic Bitcoin Reserve and protects the right of U.S. citizens to self custody their bitcoin.

As Rep. Begich spoke about the importance of the bill at the summit, I got the impression that he was acting as more than just an opportunist, a politician simply striking while Bitcoin is a hot topic in…

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LATEST: Japanese Firm Metaplanet Purchases 150 Bitcoin Purchase for $12.5 Million

Metaplanet Inc. has made significant headlines by purchasing an additional 150 Bitcoins valued at approximately $12.5 million. This strategic acquisition has boosted their total holdings to 3,200 BTC making them one of the top ten publicly listed companies globally in terms of Bitcoin assets

The transaction occurred on March 18 2025 and it marks a continuation of Metaplanet’s aggressive investment in cryptocurrency. By increasing their Bitcoin reserves the company demonstrates confidence in digital assets as a durable investment.

Year-to-date Metaplanet has achieved an impressive BTC Yield of 60.8% Their financial strategy in dealing with cryptocurrency acquisitions shows a lucrative trend for their shareholders highlighting their robust position in the evolving crypto market.

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