credit

The bond tokenization platform BlockInvest announced the completion of a €4 million strategic round of financing, with Italy's UniCredit participating and acquiring a 16% stake in the company.It is reported that BlockInvest will assist UniCredit in issuing Italy's first native digital mini-bond, as well as the first blockchain-based tokenized structured notes aimed at wealth management clients, and will build a system that combines digital ledger programmability with finance.

According to Bloomberg, Flow Capital Partners plans to launch its $150 million private credit fund on a blockchain platform based in Singapore by the end of this month, becoming one of the first asset management firms in Asia to leverage the growing liquidity of stablecoins.The alternative asset management company headquartered in Hong Kong will provide its master fund through DigiFT Tech Pte. and plans to raise an additional $30 million through tokenized shares by the end of this year. The company's Chief Investment Officer Jacky Tian stated that the goal is to expand the fund, which was launched in June, to $250 million by the end of the year.

According to Bloomberg, Carlyle Group raised $1.5 billion in the first round of fundraising for its newly established asset-backed investment fund, as the private equity giant continues to expand its credit business.Pension funds, sovereign wealth funds, and other institutional investors participated in the fund—Carlyle Asset-Backed Income Fund. Unlike most fixed-term credit funds, this fund will adopt a "perpetual" structure with no set expiration date. The individual requested anonymity due to the sensitive nature of the information.

According to Bloomberg, the Federal Reserve is inquiring in detail with major banks about their risk exposure in the private credit sector, due to a surge in fund redemptions and a continuous rise in non-performing loans. The Treasury is also simultaneously questioning the insurance industry to comprehensively assess the overall pressure on the $1.8 trillion private credit industry and the risks of its spillover into the financial system.BitMEX founder Arthur Hayes commented, "I hope the scale is large enough so that we can welcome money printing to save the market." Implicitly, if this regulatory assessment reveals systemic risks, it may force the Federal Reserve to restart easing and implement large-scale monetary expansion, which could benefit the cryptocurrency market.

OKX will open OneFootball Credits (OFC) deposits on April 9, 2026, at 10:00, with a collective auction from 17:00 to 18:00. Spot trading for OFC/USDT will start at 18:00, and withdrawals will open at 20:00. Users can prepare for trading by depositing USDT.

According to The Block, based on the 8-K document submitted by Strategy to the U.S. Securities and Exchange Commission, the company reported an unrealized loss of approximately $14.46 billion in Bitcoin for the first quarter of 2026. However, the related tax implications resulted in approximately $2.42 billion in deferred tax assets, partially offsetting the book losses.Despite the holdings being in a state of unrealized loss, Strategy chose to continue increasing its Bitcoin holdings in early April. The related funds mainly came from its ATM (at-the-money) equity financing plan, which is also part of its "42/42" financing strategy, aiming to raise $84 billion by 2027 for continued Bitcoin accumulation.

Bitcoin fell back after reaching $69,000 on Wednesday, following U.S. President Trump's speech that failed to assure an end to the Iran war, while WTI crude oil prices rose above $110, triggering market risk aversion. Meanwhile,the U.S. Treasury expressed concerns about the $2 trillion private credit market, and Blue Owl, which manages $30.7 billion in assets, announced that two of its private credit funds experienced "unconventional redemption requests," setting a withdrawal request limit of 5%. The number of people continuously applying for unemployment benefits in the U.S. rose to 1.84 million.Bitcoin has maintained a support level of $66,000 this week but faces multiple selling pressures. The U.S.-listed spot Bitcoin ETF has seen a net outflow of $450 million since March 24, with the industry holding $88 billion in Bitcoin assets, of which BlackRock's IBIT leads with $53.9 billion. MARA Holdings sold 15,133 BTC in March, Riot Platforms transferred out 500 BTC for sale, and Nakamoto Holdings sold 284 BTC.The U.S. federal deficit is expected to reach $1.9 trillion by 2026, and the market believes that economic stimulus measures may provide support for Bitcoin prices in the medium term. Companies like Strategy and Metaplanet continue to buy Bitcoin, partially offsetting the aforementioned selling pressure.

According to Jin Shi reports, Fed's Logan stated that some weakness and vulnerabilities have been observed in the private credit sector.

According to The Block, South Korea's major credit card company KB Kookmin Card announced that it will collaborate with Avalanche to build a hybrid stablecoin payment model based on a public chain, and jointly develop a complete stablecoin system covering recharge, payment, and settlement with digital asset infrastructure company OpenAsset.This system will retain the user experience and reward points of traditional credit cards to lower the threshold for users to use stablecoins and digital assets. It is reported that the system will prioritize deducting the stablecoin balance in the digital wallet linked to the credit card, and when the balance is insufficient, the difference will be automatically paid by the credit card. Previously, KB Card disclosed in January this year that it had applied for relevant patents involving a hybrid payment system that connects existing credit cards with digital wallets.

According to CoinDesk, Aave has officially launched the v4 upgrade version on Ethereum after about two years of development, introducing a new architecture that separates the lending markets while sharing liquidity, aiming to expand DeFi from crypto-native lending to real-world assets and institutional use cases.The v4 version changes the way Aave organizes its markets, allowing different types of lending markets to operate independently while sharing the same liquidity pool, enabling users to conduct lending operations on assets beyond crypto tokens in the future. Aave Labs founder Stani Kulechov stated that lending is based on trust and needs to reflect market conditions. He also pointed out that this upgrade facilitates other teams to develop and expand on top of the protocol.In terms of capital efficiency, the v4 version can also reinvest idle funds within the system. The upgrade launched with a limited set of markets and conservative parameter settings, with more features to be added gradually following governance resolutions. This launch coincides with governance disputes within the Aave ecosystem regarding decentralization and revenue distribution issues.

Bloomberg analyst Eric Balchunas posted on social media that the T-Strive Digital Credit ETF, jointly launched by Tuttle and Strive, has submitted new application documents. This ETF will hold preferred securities of DAT company.The T-Strive Digital Credit ETF is a basket of holding-type products, with underlying assets being the preferred securities of multiple Digital Asset Trusts (DATs). It can be understood as a "DAT preferred securities portfolio ETF," rather than just betting on a single issuer.

According to Fortune, Valinor, a blockchain private credit startup co-founded by former Blackstone employees, announced the completion of a $25 million seed round financing. This round was led by Castle Island Ventures, with participation from the crypto division of Susquehanna, Maven11, and the founder of TeraWulf, a Bitcoin mining company transitioning to artificial intelligence.Valinor's core business is to put the private credit process on-chain. Traditional private credit institutions rely on manual verification and spreadsheet collaboration when handling revolving credit lines and other businesses. Valinor plans to replace these processes with smart contracts to achieve automated routing of funds and condition-triggered execution.Both co-founders have traditional finance backgrounds, having worked in banks and the private credit division of Blackstone before transitioning to the crypto industry in 2022. Initially, Valinor focuses on providing loans to crypto companies, and later plans to introduce blockchain technology into the loan process to enhance efficiency. Currently, the company has completed lending for several fintech and crypto companies through blockchain technology.The funds raised in this round will be used to expand the loan scale, broaden the customer base, and increase team personnel, with the current number of employees at 6.

According to Forbes, Michael Saylor has transformed Strategy (formerly MicroStrategy) from a little-known enterprise software company into the world's largest corporate holder of Bitcoin over the past six years, accumulating over 762,000 BTC, worth billions of dollars.At the digital asset summit held in New York yesterday, Saylor discussed "digital credit" and views it as a core opportunity. The STRC (nicknamed "Stretch") he introduced is a preferred stock product positioned by Strategy as a unique tool in the crypto space: a low-volatility, high-yield asset designed to be included in fixed-income portfolios. Saylor mentioned that the product has a yield of 11.5%, a volatility of about 2%, and a Sharpe ratio close to 4. The nominal size of the product reaches $5 billion, with an average daily liquidity of $224 million, already achieving institutional-level trading scale.After the meeting, he stated, "Digital credit is the most attractive credit tool in the world. If you can create a product with a Sharpe ratio of 4, it should be in every portfolio."Meanwhile, institutional funds are flowing back into Bitcoin through regulated channels, with the U.S. spot ETF recording the longest net inflow period this year. However, the proportion of crypto assets in U.S. managed wealth is still below 0.5%—and Saylor is trying to bridge this gap. For yield-seeking investors, a tool that uses Bitcoin as collateral, has bond-like volatility, and offers double-digit returns opens up a whole new investment narrative.

Metaplanet, a Japanese Bitcoin cryptocurrency vault (DAT) company, announced the launch of the shareholder limited edition credit card "Metaplanet Card," which will be put into use this summer.Shareholder cardholders will automatically receive 1.6% of the amount spent during daily purchases back in the form of equivalent Bitcoin, allowing each card payment to be directly converted into a Bitcoin investment.

According to official news, FTX announced that it will launch the fourth round of distribution on April 30, with an amount of approximately $2.2 billion, aimed at holders of convenience and non-convenience claims who have completed the relevant requirements.Eligible creditors will receive funds from their chosen distribution service provider within 1 to 3 business days after the distribution starts. FTX also set April 30 as the record date for preferred stockholders, with corresponding payments to be made on May 29. FTX reminds customers to be vigilant against phishing emails and fraudulent websites impersonating official portals.

The FTX liquidation trust fund will distribute approximately $2.2 billion to creditors in the fourth distribution on March 31, 2026.

The digital asset trading platform Gate has launched the AI model aggregation platform GateRouter, providing a unified large model calling entry for AI Agents such as OpenClaw, and simultaneously starting a limited-time experience event for GateRouter.During the event period (March 18, 20:00 -- March 31, 20:00, UTC+8), users who log in to GateRouter with a completed KYC Gate account can receive an AI calling quota equivalent to 3 million Tokens, which can be used for online testing in Playground, multi-model calls, and API development integration. In addition, users who share screenshots of their GateRouter usage on social media can also participate in a 1,000 USDT reward pool event.GateRouter supports over 20 mainstream large models, including OpenClaw, GPT, Claude, Gemini, DeepSeek, Kimi, etc. One API can be uniformly accessed, and it automatically selects the most suitable model to complete tasks through intelligent routing, saving up to 80% of inference costs while ensuring effectiveness.

According to New Daily, the Financial Supervisory Service (FSS) of South Korea, the Customs Service, the Credit Finance Association, and nine credit card companies in the country signed the "Public-Private Cooperation Agreement to Block Transnational Criminal Funding" on the same day. The plan aims to cut off the funding chain for telephone fraud and virtual asset crimes at the source by analyzing overseas credit card usage details and entry and exit records.In the past, due to information gaps between agencies, the Customs Service had entry and exit data but could not monitor abnormal overseas consumption in real-time, while credit card companies had payment data but did not have access to cardholders' customs clearance dynamics. Under the new mechanism, the Customs Service will provide credit card companies with information on high-risk transaction trends, while the Financial Supervisory Service will establish guidelines authorizing credit card companies to take effective measures such as interrupting transactions when abnormalities are detected.Lee Chan-jin, the head of the Financial Supervisory Service of South Korea, stated that this move signifies that South Korea has established a normalized monitoring system to block the outflow of criminal proceeds at the source. The system will focus on precisely targeting currency exchange behaviors that involve cash withdrawals at overseas ATMs using overseas credit cards and laundering through cryptocurrencies.

According to BBX data, yesterday global listed companies continued to strengthen their efforts in "digital reserve sovereignty" and "fiat credit hedging":1,200 purchase plan: Riot Platforms (NASDAQ: $RIOT) board approved a Bitcoin purchase proposal worth approximately $86 million yesterday, planning to acquire 1,200 BTC through block trading within 48 hours, further enhancing its non-mining output reserves.$50 million credit line: Hut 8 (NASDAQ: $HUT) announced it has secured a $50 million revolving credit line from a global commercial bank, clearly stating that it will use these funds to "strategically accumulate" during market corrections, rather than for daily operational expenses.500 BTC buyback confirmation: OSL Group (0863.HK) announced last night that it will allocate 15% of its annual profits to increase its Bitcoin holdings. The first batch of 500 BTC purchases has been settled today, marking the entry of the Hong Kong stock compliant platform into the "profit monetization" phase.10,000 BTC holding target: Cipher Mining (NASDAQ: $CIFR) confirmed in its latest financial transparency report that its total holdings reached 9,850 BTC yesterday through mining retention, and it is expected to officially enter the "10,000 club" within this week.€15 million increase: Bitcoin Group SE (XETRA: $ADE) disclosed that it increased its crypto asset reserves by €15 million in the continental market yesterday, aiming to address potential inflation volatility risks in the Eurozone.