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According to a report by Jinse Finance, as disclosed by Fortune magazine, Jack Mallers, CEO and co-founder of Bitcoin asset management firm Twenty-One Capital, pointed out that investing in companies whose sole objective is to accumulate more Bitcoin is more worthwhile than investing in ETFs. Jack Mallers, renowned for founding the Bitcoin company Strike, believes that the core goal of Bitcoin asset management firms is to increase the value of Bitcoin per share, allowing investors to gain exposure without using cryptocurrency exchanges or managing Bitcoin themselves through more complex tools like hardware wallets. It is reported that Twenty-One Capital is preparing to go public in the coming weeks. Previously, the startup agreed to merge with Cantor Equity Partners, a special purpose acquisition company initiated by Cantor Fitzgerald, the custodian for Tether.

Odaily Planet Daily reports that RWA protocol Ondo Finance has announced the launch of its USD yield fund, USDY, on the Sei network. The Ondo team emphasized that this is the first tokenized US Treasury product on a scalable blockchain. Ondo maintains close ties with the Trump family-backed World Liberty Financial project, which has already acquired ONDO tokens as part of its strategic token reserves. (The Block)