KindlyMD (NASDAQ: NAKA), which is merging with Bitcoin-native firm Nakamoto Holdings, has secured an additional $51.5 million through Private Investment in Public Equity (PIPE) financing to grow its B...

KindlyMD (NASDAQ: NAKA), which is merging with Bitcoin-native firm Nakamoto Holdings, has secured an additional $51.5 million through Private Investment in Public Equity (PIPE) financing to grow its Bitcoin treasury, according to BusinessWire. The company has raised $563 million via PIPE deals and $763 million in total including convertible notes. The funds will support Bitcoin purchases and general operations, with the financing expected to close alongside the merger.

KindlyMD raises $51.5M ahead of Nakamoto Merger to build Bitcoin treasury

Ethereum is shifting towards L1 scaling and privacy, and the DTCC, the back-end engine of the US stock market, with its $100 trillion holdings, is beginning to migrate on-chain, seemingly heralding a promising new wave in crypto.

After the wealth effect disappears, will the myth or tragedy of decentralization emerge?

According to newly recorded on-chain data, Jump Crypto is significantly increasing its HYPE Token holdings by withdrawing a large amount of these Token from centralized exchanges over the past 24 hours.

Jump Crypto is suspected of launching a Money Market (MM) on the Hyperliquid platform.

Abu Dhabi is laying the foundation for institutional-grade Bitcoin business, while Dubai is integrating payments, stablecoins, and Web3 applications into everyday business scenarios.

Author: Ezra Reguerra
Source: Cointelegraph
Translator: Chang The United Arab Emirates is not choosing between Bitcoin and the broader crypto industry. Instead, it is consciously building both paths simultaneously in different cities, targeting different stages of adoption.

The UAE capital, Abu Dhabi, is positioning itself as a hub for institutional-grade Bitcoin (BTC) infrastructure, focusing on...