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Is Ripple’s Hidden Road deal part of a SoftBank-like playbook?
9.5.2025
Ripple has made a slew of acquisitions to control key transaction rails and route them through XRP and its stablecoin, Ripple USD (RLUSD), drawing comparisons to Japanese investment firm SoftBank. The $1.25-billion acquisition of Hidden Road on April 8 allows Ripple to use RLUSD as collateral...
Markets Jump on US-China Optimism, New Tether-Softbank Funded BTC Treasury Firm, and More — Week in Review
27.4.2025
Markets jump on US-China optimism, New Tether-Softbank funded BTC treasury firm, Bitcoin ETFs attract nearly $1 Billion in new capital, and more in this Week in Review. Week in Review Crypto-related stocks rallied alongside digital assets amid renewed U.S.-China optimism. Jack Mallers was announced...
SoftBank Is Buying Bitcoin Again, After $130M Loss in 2018. Is This Time Different?
24.4.2025
SoftBank returns to crypto years after founder Masayoshi Son lost $130M on bitcoin
Jack Mallers to Head New Tether and Softbank Funded Bitcoin Treasury Firm
23.4.2025
The firm will launch with more than 42,000 BTC on its balance sheet, worth nearly $4 billion at current prices, and will seek to “maximize bitcoin ownership per share.” Tether and Softbank Invest in New Bitcoin Treasury Firm Led by Strike’s Jack Mallers Strike founder and CEO Jack Mallers will...
Floki Teams With Softbank Partner Rice Robotics for Tokenization of AI Data
23.4.2025
RICE AI is a robotics brand with high-profile clients such as Nvidia, Softbank, Dubai Future Foundation, Mitsui Fudosan, NTT Japan, and 7-Eleven
U.S. Commerce Secretary Lutnick’s Son Teams Up With Tether, SoftBank for $3B Bitcoin SPAC: FT
23.4.2025
Crypto power players back $3B bitcoin SPAC as Trump-era policies spark new wave of institutional bets
Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report
23.4.2025
Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company.Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under...
Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report
23.4.2025
Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company.Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under...
Cantor, Softbank and Tether Build $3B Bitcoin Buying Vehicle: FT
23.4.2025
Financial Times reports Cantor Fitzgerald, Softbank and Tether are putting the finishing touches on a $3 billion bitcoin acquisition vehicle aimed at harnessing the cryptocurrency’s renewed vitality under the Trump administration. FT Sources Detail Trio’s Push to Corner Bitcoin Spearheaded...
Bitcoin Miner Cipher Secures $50 Million Investment From Softbank
31.1.2025
Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves...
Softbank announces $100B investment in US AI infrastructure
16.12.2024
The announcement came at President-elect Donald Trump’s Mar-a-Lago estate in Florida
OpenAI secures $1.5B funding from SoftBank, allows employees to cash out
27.11.2024
SoftBank’s tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares as it takes a larger stake in the company
Skild AI announces $300M funding from Jeff Bezos, Softbank to build ‘robot brains’
14.7.2024
Another unicorn has entered the race the develop human-level AI
Skild AI announces $300M funding from Jeff Bezos, Softbank to build ‘robot brains’
14.7.2024
Another unicorn has entered the race the develop human-level AI
Softbank lost 99% when the dotcom bubble burst, now it’s all-in on AI
3.7.2024
Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion
Softbank CEO says company’s purpose is to create ‘artificial super intelligence’
22.6.2024
Billionaire finance mogul Masayoshi Son also said that AI will be 10,000X smarter than humans by 2035
SoftBank subsidiary to develop semiconductor chips, reports profits after AI shift
13.5.2024
The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI
Metaverse Firm Improbable Offloads Gaming Subsidiary to Keywords for $96.8 Million
18.12.2023
Source: Pixabay Metaverse startup Improbable has sold its gaming subsidiary, MPG, to Irish video game company Keywords Studios for $96.8 million. The SoftBank-backed metaverse company said in its annual statement published today that it had completed the sale of its games services subsidiary...
Softbank Looking to Invest Billions in AI After Pausing Crypto Investments
18.9.2023
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...
Leading Venture Capital Firms Including Softbank and Sequoia Named as Defendants In Fresh Lawsuit for Links With FTX
9.8.2023
A class-action lawsuit filed in the United States District Court for the Northern District of California has named 18 venture capital investment firms as defendants for their links with the bankrupt crypto exchange FTX.
The lawsuit has named major VC firms as defendants, including Temasek, Sequoia...