1d ago
DeFi groups contest Citadel Securities' call to regulate tokenized stocks under SEC
Andreessen Horowitz, the Uniswap Foundation, the DeFi Education Fund and The Digital Chamber opposed Citadel Securities' request that the SEC treat DeFi venues handling tokenized equities as regulated exchanges or broker-dealers. According to a Friday letter to the SEC, the coalition said Citadel's analysis is flawed and argued that thoughtfully designed onchain markets can protect investors without traditional registration.
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1d ago
1d ago
Tether launches $1B all-cash bid for Exor's Juventus stake and remaining shares
Tether has submitted a binding all-cash offer of around $1 billion to Exor for its 65.4% controlling stake in Juventus and says it will extend the same price to all remaining shareholders. The club's market value stands at about 944.49 million euros, while a report has indicated Exor has rejected the proposal, even as Tether pledges a 1 billion euro investment into Juventus if the deal is completed.
1d ago