Paxos Labs to use $12M raise toward yield, lending, issuance tools

Backed by Blockchain Capital, the Amplify suite aims to enable platforms to generate yield and offer lending using customer-held digital assets.

Backed by Blockchain Capital, the Amplify suite aims to enable platforms to generate yield and offer lending using customer-held digital assets.

The proposed fund would invest in Bitcoin ETPs and sell call options to generate income while limiting exposure to price swings.

The payments giant is operating a validator node on the Tempo blockchain, taking a direct role in transaction validation as it expands infrastructure for stablecoin settlement.

The technology services provider said wealth managers have faced challenges integrating digital assets without relying on separate systems.

While others refrain from boosting their Ether holdings, Bitmine's latest purchase gives it ownership of about 4% of total supply as the company expands its staking strategy.

The collaboration aims to bring regulated custody and staking for JitoSOL to South Korea as institutions prepare for new crypto rules.