Shares from Coinbase, Marathon Digital, Riot Platforms, Block, Cipher Mining, Cleanspark and MicroStrategy are also in the Board’s portfolio.
The U.S. state of Wisconsin purchased 94,562 shares of the BlackRock’s iShares Bitcoin Trust (IBIT) in the first quarter of the year, a filing shows. The shares are worth nearly $100 million.
The price of bitcoin slid lower after hotter-than-expected U.S. wholesale inflation wobbled markets on Tuesday.
The firm behind the predictions market platform also confirmed a previously unannounced $25 million Series A round led by General Catalyst.
Broadridge’s Distributed Ledger Repo platform offers intra-day, overnight and term repo services using blockchain technology.
Former CFTC Chair J. Christopher Giancarlo is joining stablecoin issuer Paxos’s board of directors, according to a statement on Tuesday.
The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding close to $75 million.
The GME memecoin, which borrows GameStop’s stock ticker but has no official affiliation, traded more than 460% higher on Tuesday.
Paxos has added J. Christopher Giancarlo, a former chairman of the U.S. Commodity Futures Trading Commission who has been a public advocate for the cryptocurrency sector, to its board of directors, the company told CoinDesk.
The aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.
