CryptoEconomy

Coinbase Asset Management has launched a tokenized share class for its Bitcoin Yield Fund on the Base Layer 2 network, in collaboration with Apex Group. This innovation enhances institutional access to on-chain yields while automating compliance and reducing operational friction.

Forward Industries will repurchase over 6 million shares for $27.4 million, financed by a $40 million crypto loan from Galaxy Digital. The firm is optimizing its operations amid significant unrealized losses, aiming for long-term stability through capital consolidation.