Opinion by: Jack Lu, CEO of BounceBit For years, crypto has promised a more open and efficient financial system. A fundamental inefficiency remains: the disconnect between US capital markets and Asia’s liquidity hubs. The United States dominates capital formation, and its recent embrace of tokenized treasuries and real-world assets signals a significant step toward blockchain-based…
United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from reciprocal tariffs, giving the tech industry a much-needed respite from trade pressures. According to the US Customs and Border Protection, storage cards, modems, diodes, semiconductors, and other electronics were also excluded from the ‘reciprocal’ trade tariffs….
Blockchain gaming for the first quarter of 2025 has been a “mixed bag,” seeing a greater number of deals while the amount invested significantly dipped, says blockchain analytics platform DappRadar. Web3 gaming projects raised $91 million in Q1 2025, marking a 71% decrease from the fourth quarter of 2024 and a 68% drop compared to the…
BlackRock, the world’s largest asset manager with $11.6 trillion in assets under management, reported $84 billion in total net inflows in the first quarter of 2025, marking a 3% annualized growth in assets under management. The firm’s strong performance was led by a record first quarter for iShares exchange-traded funds (ETFs) alongside continued strength in…
A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services. Assembly Bill A7788, introduced by Assemblyman Clyde Vanel, seeks to amend state financial law to allow New York state agencies to accept cryptocurrencies as a form of payment. It would…
Tokenized gold trading volume surged to a two-year high this week, topping $1 billion as investors pivoted toward safe-haven assets amid global uncertainty triggered by US President Donald Trump’s import tariffs. The weekly trading volume of tokenized gold surpassed the $1 billion mark for the first time since March 2023, when a US banking crisis…