French Bitcoin treasury firm Capital B said it raised €21.0 million, or about $24.5 million, through a private share placement priced at €0.58 per ABSA, with each unit consisting of one share and four share-subscription warrants. Participants included Blockstream CEO Adam Back and asset manager TOBAM. The company said it plans to use the proceeds to buy 270 BTC, which would lift its total holdings to 3,415 BTC from 3,139 BTC. Capital B also said that if all warrants issued in the placement are exercised, it could receive an additional €135.8 million, or about $158 million, through the issuance of 144,876,280 ordinary shares. The company may trigger an accelerated exercise window if the 20-day volume-weighted average price of its shares rises above 130% of the exercise price for the relevant warrant tranche. The fundraising comes after a June proposal allowing as much as €5 billion in capital increases and $116 billion in credit instruments was approved with 99.34% shareholder support.

Capital B, a France-based listed company that runs a bitcoin treasury strategy, has completed a targeted capital increase of about €21 million. In the deal, the company issued roughly 36.22 million shares with warrants, known as ABSA, to global institutional investors. The issue price was €0.58 per share. Gross proceeds came to about €21 million, and after deducting related fees the company took in net proceeds of about €19.9 million. Adam Back, one of the early developers of bitcoin, and TOBAM, an asset management firm, participated as strategic investors. Maxim Group served as the exclusive placement agent. Capital B plans to use the new capital to buy around 270 bitcoins, adding to its existing reserve. After the transaction, its total bitcoin holdings are expected to reach about 3,415 BTC, implying it held roughly 3,145 BTC before the planned purchase. Capital B is a France-based listed entity focused on holding bitcoin as a corporate treasury asset.

Capital B, a French listed company devoted to building a bitcoin treasury, has raised approximately €21 million by placing about 36.22 million ABSA units with global institutional investors. The units, which consist of shares with attached warrants, were sold at €0.58 each. Gross proceeds came to roughly €21 million, while net proceeds after deducting related fees and expenses stood at about €19.9 million. Strategic investors included Adam Back, an early bitcoin developer, and asset manager TOBAM. Maxim Group served as the exclusive placement agent. Capital B plans to use the funds to buy around 270 additional bitcoins, which would lift its total holdings to approximately 3,415 BTC once the transaction is completed.

French bitcoin reserve firm Capital B (The Blockchain Group) has completed a targeted capital increase, raising approximately €21 million from global institutional investors, the company announced on Aug. 28. The round consisted of roughly 36.22 million share warrants (ABSA) priced at €0.58 per share. After deducting related expenses, net proceeds come to approximately €19.9 million. Strategic investors participating in the placement include Adam Back, an early Bitcoin developer, and asset manager TOBAM. Maxim Group served as the exclusive placement agent for the deal. Capital B said the capital will be used to advance its bitcoin treasury strategy, with plans to purchase around 270 additional BTC. If the planned purchase is completed, the company's total bitcoin holdings are expected to climb to approximately 3,415 BTC. The offering targeted global institutional investors as part of the firm's push to build a corporate bitcoin reserve, and the company did not disclose a specific timeline for the planned purchase.

Pharos’ consumer credit vault hit its $50 million deposit cap within 48 hours of launch, with about $35 million in committed deposits when it went live. The article argues that the real story is not a new DeFi lending pool, but the early state of on-chain consumer credit itself: a $21 trillion global market in 2025 that still lacks standardized, institution-ready products onchain. What is missing, it says, is the middle layer — asset selection, credit structuring, ratings, legal documentation, and distribution — not the blockchain rails alone.

The U.S. Securities and Exchange Commission (SEC) on Aug. 12 rejected Egan-Jones Ratings Co.'s application to re-register as a nationally recognized statistical rating organization (NRSRO) covering asset-backed securities and government debt. Regulators said the filing contained material inaccuracies and raised questions about management qualifications. It is not the first time the small agency has faced such a setback: its credentials were revoked in 2013 over similar false statements, and founder Sean Egan remains subject to a related ban. Egan-Jones keeps its NRSRO designation for corporate debt and other asset classes, but government securities and the ABS market stay closed to it. NRSRO status is the statutory basis institutional investors rely on when making decisions, and the U.S. rating market has long been dominated by S&P, Moody's and Fitch. (CryptoBriefing)

The U.S. Securities and Exchange Commission has issued an internal staff letter saying asset-backed securities tied to AI data centers are exempt from core investor-protection rules adopted after the 2008 financial crisis, according to Bloomberg. The exemption covers the so-called risk-retention requirement, which generally requires issuers to keep part of the debt on their own books. The SEC said data centers are not financial assets that liquidate over time, and that securities linked to them should not be regulated in the same way as ABS backed by auto loans or residential mortgages. While the move does not amount to a formal rule change, Bloomberg said it could still carry significant practical weight because companies had previously tended to comply with the requirements out of regulatory caution. The market has grown quickly. Annual issuance of data center ABS rose from $2.4 billion in 2020 to $15.5 billion in 2025, more than sixfold over five years. Bloomberg said 2026 could bring another record high for the sector.

After CZ’s new book drew attention, BlockTempo’s founder revisited a seven-hour dinner in Taipei in 2018, describing how that meeting led him to join Binance Angels and leave school to start a business.