# Equity Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Equity", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

BlackRock Launches Two ETFs in Canada, One Allocates 3% to Bitcoin

BlackRock Canada has launched two new exchange-traded funds (ETFs) on the Toronto Stock Exchange. The iShares Equity + Bitcoin ETF Portfolio (IBQT) allocates 3% of its holdings to Bitcoin through the Canadian iShares Bitcoin ETF (IBIT), while the remaining 97% is invested in a globally diversified portfolio of equities. The second fund, iShares Core MSCI All-International Equity Index ETF (XINT), provides exposure to over 5,000 companies in developed and emerging markets outside North America. Both funds are part of the RBC iShares alliance, with the broader iShares platform managing approximately $6.2 trillion in assets. BlackRock's US-based iShares Bitcoin Trust (IBIT) is noted as the largest US spot Bitcoin ETF by assets under management at roughly $47.9 billion.

cryptonews.ru08/10 19:49

BlackRock Launches Two ETFs in Canada, One Allocates 3% to Bitcoin

cryptonews.ru08/10 19:49

When Crypto Assets Become Mortgage Collateral: The Triangular Dilemma of Regulation, Cost, and Tokenized Equity

When Crypto Assets Become Mortgage Collateral: The Trilemma of Regulation, Cost, and Tokenized Rights Better, in partnership with Coinbase, has launched a mortgage solution allowing borrowers to pledge Bitcoin or USDC as collateral. This facilitates two loans: a primary, Fannie Mae-compliant mortgage and a separate private loan for the down payment, secured by the crypto assets and a second lien on the property. The product targets asset-rich but cash-poor buyers, with high collateral requirements (250% for Bitcoin, 125% for USDC) and no margin calls. The initiative has drawn significant regulatory scrutiny. Seven U.S. Senators, led by Dick Durbin and Elizabeth Warren, sent a letter to the FHFA urging a halt, arguing the high collateral ratio itself acknowledges crypto's risk and that combined loan costs could be 1.5 percentage points higher, potentially burdening taxpayers. Despite criticism and Bitcoin's price volatility, Better's CEO Vishal Garg plans to expand support to tokenized equities (e.g., Tesla, SpaceX) and envisions using retirement accounts to help family members buy homes. A core challenge for tokenized assets is clarifying the legal rights conferred by holding such tokens. To reduce costs, Better partnered with Framework Ventures, aiming to lower capital expenses by over 100 basis points and offer sub-5% rates. While the company posted a loss in Q1 2025, it reports strong demand, with a waitlist representing ~$250M in potential loans. Garg remains committed to the model, viewing it as a key channel for integrating digital assets into the banking system.

marsbit08/04 08:36

When Crypto Assets Become Mortgage Collateral: The Triangular Dilemma of Regulation, Cost, and Tokenized Equity

marsbit08/04 08:36

Exploring ChangXin Technology's Hefei Headquarters: The Rising Campus Ignites Changgang CBD, Grassroots Employees 'Witness' Wealth Creation Myth

"On-the-Ground Visit to CXMT's Hefei Headquarters: Campus Boom Ignites Changgang 'CBD,' While Rank-and-File Employees Watch Wealth Creation Myth from the Sidelines." Following CXMT's (ChangXin Memory Technologies Inc., 688825.SH) explosive stock market debut on July 27, where its share price surged over fivefold, a site visit to its Hefei headquarters reveals a stark contrast. While the company's市值 soared, making it A-share's most valuable firm,基层员工 indicate the wealth creation has largely bypassed them. Employees reveal that股权激励 is restricted to managerial levels (Grade 9科长 and above), with most普通员工 at Grades 11 or 12. Salaries, while considered high for Hefei at around 200,000 RMB annually, fall short of the millions speculated online. Work routines remain demanding, with long hours, phone confiscation in sensitive areas, and strict保密 protocols forbidding unauthorized external communication. Simultaneously, CXMT's expansion is visibly transforming the once-rural Changgang area. Ongoing construction includes multiple new phases, with an industrial chain of supporting companies集聚 around the campus. This growth has spurred local development: housing prices initially skyrocketed, and a vibrant commercial district dubbed "Changgang CBD" now thrives, catering to the潮汐效应 of shift workers. The area has evolved from construction sites to a bustling hub, though the company's stringent安保, including high-voltage perimeter fencing, underscores its sensitive nature. The report concludes that while CXMT's rise fuels regional economic activity, the immediate financial rewards of its上市 are not shared by its frontline workforce.

marsbit07/28 06:01

Exploring ChangXin Technology's Hefei Headquarters: The Rising Campus Ignites Changgang CBD, Grassroots Employees 'Witness' Wealth Creation Myth

marsbit07/28 06:01

Storj files for bankruptcy, explores equity path for tokenholders

Decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy. The company states its network and token utility remain operational, aiming to restructure legacy debts while exploring a novel path for STORJ tokenholders to potentially gain equity in the reorganized company. Details on eligibility and allocation are pending court approval. This filing occurs alongside other crypto firms seeking bankruptcy protection or winding down operations in July.

cointelegraph07/27 20:21

Storj files for bankruptcy, explores equity path for tokenholders

cointelegraph07/27 20:21

Storj Labs Files for Bankruptcy Protection, Can Token Holders Exchange for Company Equity?

Storj Labs, the parent company of decentralized cloud storage platform Storj, filed for Chapter 11 bankruptcy protection in the US on July 26. The company states its network will operate normally and token functionality remains unaffected. A notable proposal in its restructuring plan is to provide STORJ token holders a path to equity in the reorganized company—an unprecedented move in the crypto industry. However, this conversion is contingent on value remaining after creditor repayments, as token holders are lowest in the bankruptcy priority hierarchy. Storj, founded in 2014 and acquired by Inveniam Capital Partners in late 2025, attributes its bankruptcy to legacy debts from past operations and acquisitions, including the 2024 purchase of GPU computing firm Valdi. The company plans to refocus on its core decentralized storage business and likely divest Valdi. The token-to-equity proposal faces significant legal and practical hurdles, with no direct precedent. Key details like eligibility, allocation ratio, and mechanics are pending court approval. Another complexity is that Storj Labs itself holds roughly 30% of the total STORJ supply, creating potential conflicts. Following the news, the STORJ token price fell approximately 11.2%. In the broader decentralized storage market, Storj is a smaller player compared to leaders like Filecoin and Arweave, competing mainly on fast retrieval speeds for hot data. The bankruptcy process introduces risks of client and node operator migration to competitors.

marsbit07/27 09:06

Storj Labs Files for Bankruptcy Protection, Can Token Holders Exchange for Company Equity?

marsbit07/27 09:06

UK Bitcoin Company Discovers: Repurchasing Own Stock Earns 24% More Than Directly Buying Bitcoin

British bitcoin holding company B HODL discovered that, when its share price trades below the value of its bitcoin holdings, repurchasing its own stock can be a more efficient way to increase bitcoin exposure per share than directly buying more bitcoin. In its first week of buybacks, the company spent approximately £37,985 to cancel 823,400 shares. Before fees, this resulted in a 24% greater increase in satoshis (the smallest unit of bitcoin) per share per pound spent, compared to using the same cash to purchase bitcoin directly. The analysis highlights a capital allocation strategy for treasury companies trading at a discount to their net asset value (NAV): issuing shares when it increases bitcoin per share, and buying them back when the stock itself offers cheaper bitcoin exposure. The decision, however, depends on factors like cash reserves and operational needs.

marsbit07/21 04:49

UK Bitcoin Company Discovers: Repurchasing Own Stock Earns 24% More Than Directly Buying Bitcoin

marsbit07/21 04:49

FTX schedules another $900M creditor payout, taking announced distributions past $9.7B

FTX will distribute about $900 million to eligible creditors on July 31, marking its fifth payout under its Chapter 11 plan. This brings total announced distributions across the second through fifth rounds to at least $9.7 billion, excluding an initial payment to Convenience Class creditors in February 2025. Following this distribution, cumulative payouts for Dotcom and U.S. Customer Entitlement Claims will reach 105%, General Unsecured and Digital Asset Loan Claims will hit 103%, and Convenience Claims will stand at 120%. The same day, $18 million will be paid to eligible preferred shareholders, bringing total distributions from that fund to $95 million. Creditors had to complete required steps by the June 16 record date to qualify.

ambcrypto07/17 20:04

FTX schedules another $900M creditor payout, taking announced distributions past $9.7B

ambcrypto07/17 20:04

1inch Co-founder Anton Bukov Leaves, Launches New Project Second Tier

Anton Bukov, co-founder of the decentralized exchange aggregator protocol 1inch, has announced his departure from the company's daily operations. Bukov, who was instrumental in designing core 1inch architectures like the Router, Fusion, and cross-chain Swap, ceased involvement in November 2025 due to strategic and leadership disagreements, though he retains his co-founder title and 50% equity stake. Concurrently, Bukov unveiled his new venture, Second Tier (tier.xyz), describing it as infrastructure to "shorten the distance between economic intent and on-chain execution." He explicitly stated it is not a DEX or aggregator. The project's public-facing material is currently a manifesto criticizing systemic financial friction and advocating for building new architectural categories rather than competing within existing ones. No product details, team, or funding have been disclosed. The split highlights a strategic divergence within 1inch. While CEO Sergej Kunz has steered the company toward traditional finance integration—evidenced by a 2025 brand refresh and a major Coinbase partnership—Bukov emphasized a commitment to decentralized, permissionless DeFi principles. Bukov's exit coincides with a challenging period for 1inch. Q1 2026 data shows a 60.3% quarterly drop in its daily average trading volume to $97.1 million, underperforming the broader DEX aggregator market decline. Its market share fell from 25.2% to 17.0%, dropping it to fourth place among competitors. Key questions remain regarding Bukov's future role as a major 1inch shareholder, the timeline for Second Tier's product development, and whether 1inch's institutional-focused strategy can reverse its declining trading metrics.

Foresight News07/17 03:59

1inch Co-founder Anton Bukov Leaves, Launches New Project Second Tier

Foresight News07/17 03:59

Buyback and Burn: Just Empty Promises? The Unbridgeable Rights Gap Between Tokens and Equity

"Token Repurchase and Burn: An Empty Promise? The Unbridgeable Rights Gap Between Tokens and Equity" Holding company stock grants shareholders residual claim rights - a legally enforceable entitlement to remaining assets after all other obligations are paid. This comes with rights like voting, dividends, and a share in sale proceeds. Crypto protocols have long promised token holders similar benefits: governance participation and a share of future growth. However, this narrative is fundamentally flawed and built on voluntary promises, not enforceable legal rights. The core difference is that token holders lack any legally enforceable claim to a protocol's underlying value or revenues. Common mechanisms like using protocol revenue to buy back and burn tokens are purely discretionary; the team can alter or stop the policy at any time. Token holders have no legal recourse. This rights gap becomes critically apparent when protocols introduce traditional equity alongside tokens, as seen with Venice AI's $65M funding round. Equity investors hold legal contracts with rights to company assets and profits, while token holders' benefits depend entirely on the continued goodwill of the protocol's management. The acquisition of Houdini Swap, where equity holders were paid while token holders received nothing, starkly illustrates this disparity. Upcoming legislation like the CLARITY Act threatens to eliminate the regulatory gray area that has allowed this ambiguous "pseudo-equity" narrative. The Act would classify tokens as either digital commodities (regulated by CFTC) or investment contract assets/securities (regulated by SEC). Protocols aiming for the "digital commodity" classification would be explicitly prohibited from granting token holders any legal claim to corporate revenue, profits, or assets. Promising that tokens will appreciate from protocol profits would likely classify them as securities. Projects like Aave are attempting technical solutions, such as its automated, on-chain "Aavenomics 3.0" buyback mechanism. However, this remains code that the governance body could still vote to change, not an immutable legal contract. The industry faces a clear fork: either acknowledge tokens as digital commodities and stop promising economic rights tied to corporate profits, or formally register tokens as securities and bear the associated compliance burden. The decade-long narrative equating tokens with ownership is built on unenforceable promises. The entry of traditional equity investors with real legal rights exposes this foundational weakness, which may unravel with the next major funding deal.

Foresight News07/14 11:03

Buyback and Burn: Just Empty Promises? The Unbridgeable Rights Gap Between Tokens and Equity

Foresight News07/14 11:03

Strategy raises $467M through MSTR share sales as cash reserve climbs to $3B

Strategy (through its ATM equity program) raised approximately $466.7 million by selling nearly 4.82 million MSTR shares, increasing its U.S. dollar cash reserve to $3.0 billion. Notably, the company made no Bitcoin purchases or sales during the period, leaving its holdings unchanged at 843,775 BTC. This equity-based fundraising, disclosed in a Form 8-K filing, sparked debate among investors and critics like Peter Schiff. They questioned why the company issued new shares—potentially diluting shareholders—instead of selling more Bitcoin, especially after recent BTC sales to fund dividends. The filing did not explain the rationale, but the move aligns with Strategy's long-standing approach of treating Bitcoin as a long-term treasury asset while using capital markets to meet financial obligations.

ambcrypto07/13 14:57

Strategy raises $467M through MSTR share sales as cash reserve climbs to $3B