According to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $ 6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor of Jersey City, New Jersey, that the city’s pension fund …
Final Fantasy Publisher Square Enix Invests in Soccer Metaverse Game on the Polygon Blockchain
Soccerverse, a massively multiplayer football management game, has successfully raised $ 3.1 million in a strategic funding round led by renowned games industry publisher Square Enix, with additional participation from early investor Hiro Capital. This brings the total funding to $ 4 million. Founded by ex-Soccer Manager CEO Andrew Gore and blockchain gaming …
Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin
Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $ 18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. The investment aims to drive innovation in the digital asset industry and facilitate USDT-based cross-border payments in emerging markets. XREX will …
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $ 40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy in 2020, another company has reportedly begun holding bitcoin …
Microsoft Invests $70 Million in South Africa for AI Advancement
Microsoft South Africa (SA) has entered into a $ 70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the development of black-owned small, micro, and medium enterprises (SMMEs) in both tech and non-tech sectors over the next 10 years. …