Multi Investment Raises $616M To Accelerate Blockchain, Web3, And Fintech Ventures

Blockchain  Multi Investment Raises $616M To Accelerate Blockchain, Web3, And Fintech Ventures  Swiss asset management firm Multi Investment has secured 480 million Swiss francs ($615.89 million) in new capital, earmarking the funds for expansion into next-generation technologies including blockchain, Web3, fintech, deep tech, and biotechnology. The announcement, made via a PR Newswire press release, signals a strategic pivot toward high-growth, emerging sectors as the firm seeks to diversify its portfolio beyond traditional asset classes.  Strategic Capital Raise and Investment Focus  The newly raised capital will be deployed across several verticals identified by Multi Investment as key growth areas. The firms decision to allocate significant resources to blockchain and Web3 underscores a broader institutional shift toward decentralized technologies, even amid fluctuating market conditions. Fintech and deep tech—encompassing artificial intelligence, advanced computing, and other frontier technologies—are also central to the strategy, alongside biotechnology, which has seen renewed investor interest following recent breakthroughs in genomics and personalized medicine.  This move positions Multi Investment alongside a growing number of traditional asset managers that are actively incorporating digital assets and Web3 infrastructure into their long-term investment theses. The capital raise itself, totaling nearly $616 million, is one of the larger such rounds in the Swiss asset management sector this year,

05-08Industry

XRP POWER launches new AI-powered cloud mining contract that guarantees stable daily earnings of up to $5,000

Leveraging advanced intelligent algorithms and cloud computing power systems, the platform continuously optimizes resource allocation and operational efficiency, strengthening security and risk control mechanisms while striving to create a more reliable digital ecosystem. Users can easily participate in intelligent cloud mining without complicated operations and enjoy the new value opportunities brought by technological innovation.  XRP POWERs security advantages  In terms of security and data protection, XRP POWER strictly adheres to international security management standards, complying with industry specifications such as ISO/IEC 27001 and SOC 2 Type II, and follows the requirements of the EUs General Data Protection Regulation (GDPR), comprehensively enhancing the platforms data security and privacy protection capabilities.  Simultaneously, the platform has established a comprehensive anti-money laundering (AML) mechanism and KYC identity verification process, and introduced a 2FA two-factor authentication system. Through a multi-layered risk control and security protection system, it further strengthens account security and risk management, providing users with a more reliable and compliant service environment.  In terms of infrastructure construction, XRP POWER relies on renewable energy sources such as hydropower and wind power to drive its cloud computing system, committed to creating an efficient, stable, and sustainable digital ecosystem. Combined with the advantages of decentralized technology, the platform achieves data

05-08Industry

Dow Jones Futures Edge Higher As Middle East Tensions Show Signs Of Easing

Tech  Dow Jones Futures Edge Higher As Middle East Tensions Show Signs Of Easing  Dow Jones futures rose in early trading on Monday, as signals of de-escalation in the Middle East prompted a cautious return to risk assets. The move comes after a period of heightened geopolitical uncertainty that had weighed on global equity markets late last week.  Market Reaction to Geopolitical Developments  Futures contracts tied to the Dow Jones Industrial Average gained roughly 0.3% in pre-market activity, while S&P 500 and Nasdaq 100 futures also posted modest advances. The uptick followed reports suggesting diplomatic channels were showing progress in reducing hostilities between key regional players, though no formal ceasefire has been announced.  Investors have been closely monitoring the situation since late last week, when a series of military exchanges sent crude oil prices spiking and triggered a flight to safe-haven assets such as gold and U.S. Treasuries. The prospect of a broader conflict had raised concerns about supply disruptions in energy markets and broader economic instability.  Oil Prices and Safe-Haven Flows  Brent crude, the international benchmark, retreated approximately 1.5% in early trading, reflecting the easing of immediate supply fears. West Texas Intermediate (WTI) followed a similar path. Gold, which had surged to multi-week highs during the

05-08Industry

Deutsche Bank Deepens MicroStrategy Bet, Holdings Reach $140.1 Million

Tech  Deutsche Bank Deepens MicroStrategy Bet, Holdings Reach $140.1 Million  Deutsche Bank, one of Europes largest financial institutions with roughly $2.1 trillion in assets under management, has expanded its position in MicroStrategy (MSTR), the business intelligence firm known for its aggressive Bitcoin treasury strategy. According to a recent filing, the bank acquired an additional 53,215 shares, bringing its total holdings to 784,919 shares valued at approximately $140.1 million.  A Growing Institutional Bet on Bitcoin Exposure  The move signals a notable shift in traditional finances approach to digital assets. While Deutsche Bank has not publicly declared a direct Bitcoin investment strategy, its increased stake in MicroStrategy provides indirect exposure to the cryptocurrency market. MicroStrategy, under the leadership of Executive Chairman Michael Saylor, holds over 214,000 Bitcoin on its balance sheet, making its stock a proxy for Bitcoin price movements for many institutional investors.  This is not Deutsche Banks first foray into the space. The bank has previously explored crypto custody services and participated in blockchain research, but this latest equity purchase underscores a more tangible commitment to gaining exposure through established public companies.  What This Means for the Market  Deutsche Bank‘s increased position is significant for several reasons. First, it validates MicroStrategy’s strategy of using corporate treasury funds

05-08Industry

52% of Voters Back CLARITY Act as Demand for Crypto Regulation Grows

Crypto  52% of Voters Back CLARITY Act as Demand for Crypto Regulation Grows52% of voters back the CLARITY Act with strong support across all parties.70% of Americans say the US should have already passed crypto legislation by now.Lawmakers who vote yes on the CLARITY Act gain a net electoral benefit of plus 20.  A new national survey from HarrisX, covering 2,008 registered voters, has delivered a clear message to Congress: Americans want crypto legislation passed, and they want the United States to lead on digital finance.  52% of voters support the CLARITY Act after receiving a neutral description of the bill. Only 11% oppose it. Net support among Democrats sits at plus 48. Among Republicans, it is plus 43. Among Independents, it is plus 32.  The Numbers Go Deeper  The survey did not just measure support for the bill itself. It measured how voters feel about the broader question of American leadership in digital finance, and the results were striking.  70% of voters said the US should have already passed crypto legislation. 62% said it is important for the US to set the global rules for digital finance. 60% said they prefer clear federal legislation over the regulation-by-enforcement approach that has defined US crypto policy for

05-08Industry

World Opens Munich Flagship, Expands Proof-of-Human Initiative

World, the rebranded digital identity and cryptocurrency initiative formerly known as Worldcoin, has opened its flagship location in Munich, Germany. Situated in Hofstatt near Marienplatz, the space is designed to showcase the company‘s “proof of human” technology while fostering community engagement. The Munich hub is a return to the project’s roots, as much of its early development and engineering took place in Germany.  The centerpiece of World‘s technology is the Orb, a biometric device that verifies individuals as unique humans without storing personal data. The system enables users to obtain a World ID, a privacy-preserving credential stored solely on their devices. This World ID can be used to prove authenticity online without exposing sensitive information, a critical feature in today’s AI-dominated digital environment.  Germany‘s Role in World’s Foundations  Germany has been integral to the World project since its inception. Co-founder Alex Blania and the founding team developed the first Orb prototypes in the country. With its strong emphasis on privacy and digital rights, Germany provides a fitting backdrop for Worlds mission. The Munich flagship, located at Färbergraben 16, aims to educate visitors about the technology and its implications in a privacy-centric society.  “Proof of human” resonates strongly in Germany, where concerns over data security

05-08Industry

XRP Price Today: Ripple Drops to $1.38 After Failing to Hold $1.41 Open – Key Support at Risk

Tech  XRP Price Today: Ripple Drops to $1.38 After Failing to Hold $1.41 Open – Key Support at Risk  XRP is trading near $1.38 on May 8, 2026, after one of the more methodical sell sessions the token has seen this month. No sharp flush, no panic wick. Just a slow, consistent grind from the $1.4154 open down toward the session low near $1.375, with barely any attempt at recovery along the way.  That kind of price action tells you something specific: sellers are in control and buyers are not convinced enough to step in yet.  What the Chart Looked Like  XRP opened the 24-hour session at $1.4154 and briefly pushed toward $1.42 in the first few minutes. That was the top. From 11:00 AM onwards, the sell-off started.  It was not aggressive. Price drifted from $1.415 to $1.410, then to $1.40, then kept going. By 6:00 PM it was below $1.40. By midnight it was near $1.39. The Asian session brought another leg down to a low around $1.375, and XRP has since stabilized near $1.38 with no meaningful bounce to show for it.  Volume was average throughout, which rules out a liquidation cascade. This was orderly selling, probably a mix of profit-taking from last weeks

05-08Industry

Coinbase shares slide on $400M Q1 loss, revenue miss

Coinbase shares slid Thursday after the US crypto exchange reported a steep first-quarter loss while revenue missed Wall Street expectations.  Coinbase reported a net loss of $394.1 million in Q1, its second consecutive quarterly loss after reporting a $667 million loss in Q4 2025. It swung from a $65.6 million profit a year earlier.  “Macro conditions were genuinely tough,” Coinbase chief financial officer Alesia Haas told investors on an earnings call. “Total crypto market cap and total crypto trading volume were both down more than 20% quarter-over-quarter.”  Coinbases earnings come as other crypto companies have also struggled to turn a profit in the first months of 2026 as a crypto market slump pushed some traders to other investments.  Meanwhile, Coinbases Q1 revenue was $1.41 billion, missing analyst estimates of $1.5 billion. Transaction revenue slumped 40%, while subscription and services revenue — representing its business outside trading — fell 13.5% from a year earlier.  Its earnings per share were a $1.49 loss, compared to analysts expectations of 36 cents per share, which saw Coinbase dropping by 4.7% after hours on Thursday to under $184.  Coinbase shares fell in regular and after-hours trading on Thursday amid the companys first-quarter earnings. Source: Google Finance  Coinbases stock has fallen more than

05-08Exchange

DOT Price Prediction: $1.50 Target as Technical Breakout Gains Steam

DOTs Breakout Momentum  Polkadot has broken through a critical resistance zone, with the current $1.32 price level representing a successful test of the upper Bollinger Band. This breakout carries weight because it coincides with the RSI at 59.62 showing room for further upside expansion, while the MACD histograms neutral position at zero suggests momentum could accelerate in either direction from here.  The price action above both the 7-day SMA at $1.26 and 20-day SMA at $1.25 has flipped these levels from resistance into support. This technical shift often precedes sustained moves when combined with the low volatility environment reflected in the daily ATR of $0.05. Blockchain.news analysis shows these compressed volatility periods frequently explode into directional moves once a catalyst emerges.  Market Structure Tensions  The derivatives market is telling a more complex story than the spot price suggests. Despite the upward price movement, the taker buy/sell ratio of 0.855 reveals more aggressive selling than buying, with $1.14 million in sell volume outpacing $971K in buy volume. This imbalance creates tension between whats happening on spot exchanges and what futures traders are positioning for.  However, the positioning data provides a bullish counterbalance. Retail traders hold 71% long positions while top traders maintain 73.4% long exposure, creating

05-08Industry

CLARITY Act Markup Looms as 52% of Voters Back Crypto Legislation

The findings also suggest that lawmakers could gain political support by backing the legislation. Around 37% of voters said they would be more likely to support a senator who votes in favor of the bill.  Nearly 47% of respondents said they would consider voting across party lines. This figure climbs to 72% among cryptocurrency holders.  With broad, bipartisan voter support, lawmakers face growing political pressure to deliver. All eyes now turn to the markup and whether the bill can stay on course for the White Houses July 4 deadline.  The post CLARITY Act Markup Looms as 52% of Voters Back Crypto Legislation appeared first on BeInCrypto.

05-08Industry
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