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distribution

$1.6 trillion Franklin Templeton taps VeChain to expand distribution of its tokenized treasury fund

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Key Takeaways Franklin Templeton is partnering with VeChain to expand access to its tokenized treasury fund via BENJI. The collaboration integrates BitGo for custody and Keyrock for trading, enhancing institutional and enterprise adoption of tokenized assets. Share this article Global asset management giant Franklin Templeton, which manages over $1.6 trillion in assets, is bringing its … Read more

Aid distribution centres in Gaza to close following Palestinian deaths

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US-backed group running aid distribution centres in Gaza said it would close the hubs inside the besieged strip on Wednesday, hours after the local health ministry said Israeli soldiers killed more than two dozen … Read more

FTX announces $5b second distribution to eligible creditors

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FTX plans to commence a $5 billion second distribution to eligible creditors on May 30, 2025. FTX Trading Ltd. and the FTX Recovery Trust announced the upcoming distribution via a press release on May 15. The $5 billion set for distribution will go to holders of allowed claims under the collapsed crypto exchange’s Chapter 11 … Read more

BTC/USD Reacts to FOMC No-Cut Decision: Is Bitcoin Entering Distribution Until June?

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Bitcoin and crypto prices reacted to the FOMC no-rate-cut decision. Will BTCUSDT break $100,000 or distribute until June? BTC Bull presale goes viral, raises over $5.4 million. On May 7, 2025, the Federal Reserve was widely expected to maintain its benchmark interest rates at 4.25%–4.5%. Any deviation from this range would have triggered huge market … Read more

GrubMarket raises $50M at a $3.5B+ valuation to build AI for the $1 trillion food distribution industry

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U.S. President Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid other uncertainty — actions that will inevitably impact the technology sector, too. Today, however, one food e-commerce startup, GrubMarket, is announcing a new equity round of $50 million on a raised valuation of over $3.5 billion — a signal of … Read more

Creator monetization platform Passes sued over alleged distribution of CSAM

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Passes, a direct-to-fan monetization platform for creators backed by $40 million in Series A funding, has been sued for allegedly distributing Child Sexual Abuse Material (also known as CSAM). While its guidelines do not allow for creators to post nude photos or videos, as opposed to competitors like OnlyFans, a creator has sued Passes, alleging … Read more

Who owns the most XRP? Top XRP holders and ownership distribution explained

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Ripple’s XRP token, one of the most popular cryptocurrencies in the world, has surged close to 600% in the last 3 months. With such a wild increase, it is important to address the following question: Who owns the most Ripple (XRP)? You see, a token’s distribution has to be diverse, as concentration means that the … Read more

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