Coinbase taps Centrifuge as preferred tokenization backbone, takes equity stake
CoinDesk1h agoUpdated 1h ago

Smart Read
The partnership includes a strategic investment by Coinbase and is focused on expanding tokenized ETFs, credit, and structured products....
Coins in this story
Part of narrative
RWA
Explore how RWA is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories

CoinDesk3h ago60-word brief
K Wave Media scraps massive bitcoin treasury plan to redirect $485 million to AI
K Wave Media abandoned a $500 million bitcoin treasury plan, redirecting $485 million toward AI infrastructure including data centers and GPU compute. The Nasdaq-listed Korean firm's pivot triggered a 24% share plunge, reflecting investor disappointment. The move mirrors broader bitcoin miner transitions to AI as mining costs exceed BTC prices while AI contracts offer 85%+ margins and steadier revenue streams.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.

