Company Updates Share Issuance Policy Below NAV Threshold
Company Updates Share Issuance Policy Below NAV Threshold
📈 NAV Rules Just Changed
A significant policy change has been announced regarding share issuance guidelines. The company has modified its previous restrictions to permit the issuance of new shares even when trading occurs below 2.5x modified Net Asset Value (mNAV).
This represents a departure from earlier policies that limited share issuance based on NAV thresholds. The adjustment provides greater flexibility in capital raising strategies.
- Previous policy restricted share issuance below 2.5x mNAV
- New guidance removes this limitation
- Change enables more flexible capital management
US Treasury: Stablecoins Impact Money Market Funds More Than T-Bills
A new Treasury report indicates that stablecoin growth will have less impact on Treasury bill markets than previously anticipated. Instead, the main disruption will likely be felt by money market funds. Key points: - Stablecoin collateral demands won't significantly affect T-bill dynamics - Money market funds face greater challenges from stablecoin growth - Previous concerns about T-bill market disruption appear overstated This represents a shift from October 2024 assessments that suggested stablecoins could meaningfully reshape Treasury bill demand and pose financial stability risks.
Hyperliquids Captures 80% Market Share According to RedStone Report
A new analysis from RedStone highlights Hyperliquids' dominant position in decentralized trading, capturing over **80% market share**. Key factors driving growth: - On-chain order book implementation - HIP-3 market creation protocol - Innovative dual-chain architecture This follows earlier reports of Hyperliquids' growing influence in decentralized trading platforms, particularly noted for their rapid response capabilities. Want to learn more about Hyperliquids' market strategy? Check out the full [RedStone report](https://redstone.report).
Sequencing Partnership Aims to Improve Transaction Speed and Costs
A new partnership focuses on optimizing blockchain transaction sequencing - the crucial backend process that impacts: - Transaction confirmation speed - Trade priority determination - User fee structures The collaboration builds on a previous integration with Sequence's Web3 development stack announced in June 2025. This expanded partnership aims to enhance the overall transaction experience by streamlining these critical backend operations. *The initiative targets key pain points in blockchain transactions, potentially leading to faster and more cost-effective processing.*
Bank Projects Further Growth in Institutional Ethereum Holdings
A major bank's analysis indicates continued growth potential for Ethereum holdings across institutional investors. Key observations: - ETH holdings in ETFs and corporate treasuries show strong momentum - Since June, both ETF holders and treasury managers have each acquired 1.6% of ETH supply - Analysis suggests room for additional institutional accumulation The trend reflects growing institutional confidence in Ethereum as a treasury asset and investment vehicle. This sustained demand could impact ETH's market dynamics.
MetaMask Confirms Digital Dollar Launch with Bridge and M0
MetaMask has officially confirmed its digital dollar initiative, marking a significant development in the stablecoin space. The project combines: - Bridge's expertise in regulatory compliance and reserve management - M0's proven blockchain technology infrastructure - Compliance with new US stablecoin regulations The stablecoin, dubbed mUSD, represents a collaboration between MetaMask, Stripes Bridge, and Blackstone. This strategic partnership aims to deliver a regulated stablecoin solution that meets current market demands and regulatory requirements. *Launch Timeline: Late August 2025*