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13:07
Overview of Important Developments on the Evening of January 29
12:00 (UTC+8) - 21:00 (UTC+8) Keywords: Gold ETF, MetaPlanet, Russia, 1. U.S. President Trump calls for interest rate cuts 2. Hang Seng launches Ethereum-based tokenized Gold ETF 3. UK Financial Services Regulatory Committee initiates review of stablecoins 4. MetaPlanet announces $137 million fundraising to purchase more bitcoin 5. Russia to launch cryptocurrency regulatory framework in July this year, allowing individual investors to participate in trading 6. U.S. SEC Chairman Paul Atkins: Now is the right time to allow cryptocurrencies into 401(k) retirement accounts
13:07
ALT5 Sigma Board Approves Major Buyback and WLFI Token Staking Plan
BlockBeats News, January 29th, ALT5 Sigma Corporation (Nasdaq: ALTS) announced that its board of directors has approved a share repurchase plan of up to $100 million, with a maximum repurchase of 50 million shares when trading below Net Asset Value (NAV), representing approximately 40% of outstanding shares. The company stated that this move aims to take advantage of valuation discounts and unlock shareholder value. At the same time, the board has also approved continued accumulation of WLFI tokens in the secondary market. ALT5 currently holds approximately 7.3 billion WLFI tokens, valued at around $1.5 billion, and is optimistic about the rapid growth of the World Liberty Financial ecosystem and its stablecoin USD1. To kickstart these initiatives, ALT5 has entered into a $15 million loan agreement with World Liberty Financial and indicated potential future financing leveraging its robust balance sheet of over $1.6 billion. CEO Tony Isaac stated that this buyback and token accumulation demonstrate management's high confidence in the company's long-term value and strategic direction.
13:05
Crypto VC Escape Velocity raises $62 million, betting on "DePIN" crypto networks
BlockBeats news, January 29, according to Fortune magazine, crypto venture capital firm Escape Velocity has raised $62 million, betting on "DePIN" crypto networks, covering areas such as telescopes and solar energy.
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