ChainCatcher news, according to Globenewswire, Nasdaq-listed biopharmaceutical company Silo Pharma, Inc. (Nasdaq: SILO) announced that its board has approved the purchase of $1 million in Bitcoin as a treasury reserve asset.Silo CEO Eric Weisblum stated, "Incorporating Bitcoin into our balance sheet is a strategic decision aimed at diversifying our assets and including what we believe to be a digital store of value with significant upside potential. Our purchase of Bitcoin is intended to hedge against inflation and is expected to help Silo maintain and optimize long-term shareholder value."

ChainCatcher news, according to Jinshi Data reports, Robinhood (HOOD.O) stated that the total assets on the platform exceeded $250 billion in May.

ChainCatcher news, according to Cointelegraph, European fund company APS, managing $13.7 billion in assets, has purchased $3.4 million in tokenized real estate assets through the MetaWealth platform, involving two residential properties in Italy, marking the first time an institution has directly purchased retail-available tokenized assets.Currently, MetaWealth has tokenized over $50 million in European real estate, with users across 23 countries.

ChainCatcher news, Token Terminal data shows that the on-chain institutional credit protocol Maple Finance achieved over $1 million in revenue in May, setting a new record for the highest monthly revenue in history.

ChainCatcher news, according to CoinDesk, the Hong Kong Securities and Futures Commission plans to allow professional investors to trade crypto derivatives, expanding the local virtual asset market.Data indicates that the trading volume of the derivatives market will reach $21 trillion in the first quarter of 2025, far exceeding the spot market's $4.6 trillion. Previously, the Hong Kong Legislative Council had passed a stablecoin licensing bill to promote the construction of a virtual asset regulatory framework. The industry believes that the derivatives rules are a key piece of the compliance puzzle in Hong Kong.

ChainCatcher news, according to official information, GoPlus Security has issued a security alert. Recently, new phishing attacks targeting EIP-7702 smart accounts have re-emerged on the Ethereum mainnet, BNB Chain, and Base chain. In just 3 days since its launch, thousands of addresses have fallen victim, with losses exceeding $10,000 in crypto assets. The attackers use one address for authorization phishing; once the user authorizes, that address can automatically transfer the BNB or other tokens that the user subsequently deposits.The GoPlus security team reminds users: do not transfer or authorize to unknown addresses. The current 7702 scam is leveraging historically leaked private key addresses for large-scale phishing attacks, so please remain vigilant.

ChainCatcher news, according to Jinshi reports, Bank of America Securities stated that as market expectations for a continued weakening of the dollar grow, emerging market assets are expected to yield several percentage points of return this year. David Hauner, head of global emerging markets fixed income strategy at Bank of America Securities, said: "We have every reason to maintain our expectation of double-digit returns for emerging markets this year. We believe the dollar is the most important driver and expect the U.S. long-end market to stabilize." Bank of America Securities holds an optimistic view on Eastern European currencies and stocks. In the fixed income market, Brazil remains its preferred investment destination due to the country's very high interest rates, which may start to decline by the end of this year.Currently, the dollar is nearing its lowest level in two years. Major Wall Street firms, including Morgan Stanley and JPMorgan Chase, also believe that the dollar will weaken further due to the possibility of the Federal Reserve cutting interest rates, slowing economic growth, and ongoing uncertainties in fiscal and trade policies, which may accelerate the flow of funds from U.S. assets to developing countries.

ChainCatcher news, according to Bitcoin.com, BlackRock's tokenized money market fund BUIDL announced a distribution of over $10 million in May, setting a new monthly historical record. Since its launch, the fund has distributed a total of $43.4 million, with current assets under management of $2.91 billion. BUIDL was launched in collaboration between BlackRock and Securitize, investing in U.S. Treasury bonds, cash, and repurchase agreements, issuing tokens across 7 blockchains including Ethereum and Solana. In the May distribution, Ethereum network tokens accounted for 93.7% (approximately $9.37 million), while the remaining chains accounted for 6.3%.

ChainCatcher news, Nasdaq-listed company and e-commerce platform operator Treasure Global Inc. (NASDAQ: TGL) announced the launch of a $100 million digital asset fund plan to enhance its digital infrastructure and support the rollout of its AI consumer intelligence platform. The funding for this plan consists of two parts: $50 million from an existing equity financing agreement, and another $50 million from new investments by strategic institutional investors. The funds will be allocated in phases to acquire blockchain-native assets such as Bitcoin, Ethereum, and regulated stablecoins, aiming to improve capital efficiency and lay the groundwork for future tokenization, loyalty programs, and blockchain settlement systems.

ChainCatcher news, Hong Kong Legislative Council member Wu Jietzhuang posted on social media, stating, "Singapore recently released the Guidelines on Licensing for Digital Token Service Providers, which presents new policies for companies, institutions, and individuals engaged in virtual assets.Since Hong Kong issued the virtual asset declaration in 2022, it has actively welcomed the industry to develop in the region. According to informal statistics, over a thousand Web3 companies have established operations in Hong Kong. If you are currently engaged in the relevant industry in Singapore and are interested in relocating your headquarters and personnel to Hong Kong, I am willing to provide assistance and welcome you to develop in Hong Kong!"

ChainCatcher news, according to the Securities Times, today the Secretary for Financial Services and the Treasury, Xu Zhengyu, stated that the Hong Kong Securities and Futures Commission is considering introducing virtual asset derivatives trading for professional investors and will formulate robust risk management measures.The measures will further enrich the product options in the Hong Kong market while ensuring that trading is conducted in an orderly, transparent, and secure manner.

ChainCatcher news, according to Yahoo Finance, the Secretary for Financial Services and the Treasury, Christopher Hui, stated that in response to the latest developments in the virtual asset market, the Treasury will publish a second policy declaration on the development of virtual assets, outlining the vision and direction for the next steps. This policy declaration will explore how to combine the advantages of traditional financial services with technological innovations in the virtual asset sector, and enhance the security and flexibility of real economic activities. It will also encourage local and international enterprises to explore innovations and applications of virtual asset technology.Christopher Hui pointed out that the Securities and Futures Commission is considering introducing virtual asset derivatives trading for professional investors, emphasizing that robust risk management measures will be formulated. This is expected to further enrich the product options in the Hong Kong market while ensuring that trading is conducted in an orderly, transparent, and secure manner. In assisting fintech companies to expand their business, the Invest Hong Kong is actively collaborating with industry stakeholders to promote in the Guangdong-Hong Kong-Macao Greater Bay Area, helping Hong Kong fintech companies further expand into the mainland market.

ChainCatcher news, according to official sources, Binance Staking has added new borrowable assets including Vaulta (A), Haedal Protocol (HAEDAL), Huma Finance (HUMA), Sophon (SOPH), and World Liberty Financial USD (USD1).

ChainCatcher news, the Hong Kong Police Force, in collaboration with anti-fraud centers from multiple countries or regions, has established a cross-border anti-fraud cooperation platform "FRONTIER+" and from April 28 to May 28 this year, conducted its first joint operation with anti-fraud centers from six countries or regions including Macau, Singapore, South Korea, and Thailand, successfully arresting 1,858 individuals, freezing over 32,600 bank accounts, and intercepting HK$157 million in fraudulent funds.The Chief Superintendent of the Commercial Crime Bureau of the Hong Kong Police Force, Wong Chan-yu, stated that Hong Kong recorded over 13,115 fraud cases in the first four months of this year, a 9% year-on-year increase, with the amount involved decreasing by about 30%. A money laundering group that has been active in Hong Kong and the mainland since last July used over 580 bank accounts and virtual assets to launder approximately HK$118 million. The police launched an operation on the 15th of last month and successfully arrested 12 individuals.

ChainCatcher news, according to Bloomberg, based on a financial disclosure document, one of U.S. President Donald Trump's key economic advisors, Kevin Hassett, disclosed that he holds at least $1 million worth of shares in the cryptocurrency exchange platform Coinbase due to his role as an advisor.The document shows that these Coinbase shares are listed as "vested shares." Based on the broad valuation range used by officials in their filings, Hassett reported total assets of at least $7.6 million.

ChainCatcher news reports that, according to official sources, the U.S. Securities and Exchange Commission (SEC) crypto special team has held talks with representatives from CoinShares International Limited and its legal advisor Chapman & Cutler LLP to discuss the regulatory challenges faced in launching crypto asset exchange-traded products (ETPs) in the United States.It is reported that the topics discussed in the meeting included: how to integrate staking mechanisms into the ETP structure, appropriate standards for reviewing new digital asset ETP rule change applications, issues related to crypto asset custody, comparisons between physical and cash redemption mechanisms, and the feasibility of registered investment companies investing in digital asset ETPs.CoinShares also introduced its crypto asset ETP business in Europe, where the company manages over $6 billion in assets and offers 20 publicly listed ETP products covering 13 digital assets and 3 digital asset indices.