Crypto Pills

MGX, a fund backed by Dubai royalty, buys 15% of TikTok’s U.S. business. The stake marks a significant addition to the platform’s American ownership structure and signals growing Gulf investment interest in major consumer tech assets tied to the United States.

The United Nations cites an experiment involving pension funds that presents blockchain as an “ultimate” solution for digital identity. The pilot positions blockchain-based identity as a method to verify users across systems with tamper-resistant records, aligning identity management with large-scale financial administration needs.

SoftBank and Cathie Wood’s ARK are identified as potential participants in a Tether fundraising round. The interest centers on the stablecoin issuer behind USDT and points to deepening institutional engagement with crypto market infrastructure and liquidity providers.

SWIFT reportedly selects Linea for a multi-month transition of its interbank messaging system. The move outlines a phased approach to shift core messaging workflows over an extended period, aligning legacy financial communications with newer technology layers.

BlackRock increases Bitcoin exposure by 38% within its $17.1 billion Global Allocation Fund. The adjustment raises the fund’s BTC weighting inside a diversified, large-scale portfolio and underscores renewed institutional appetite for digital assets in traditional investment vehicles.