Stripe and Advent are in talks to acquire PayPal, with a valuation of $53 billion

According to Ledger Insights, Africa Finance Corporation has issued 350 million Swiss francs (approximately 431 million US dollars) in digital bonds through the Swiss Stock Exchange's (SIX) SDK platform. This is the first time that an African institution has issued digital bonds through a central securities depository (CSD) and exchange. The five-year bond has a coupon rate of 1.4925%, arranged by Commerzbank AG and Deutsche Bank.

The vote on the Bitcoin and Crypto Clarity Act in the US Senate will be held in one month. （The Bitcoin Historian）

Markus Thielen from 10x Research stated on the Trade Secrets program that it is mathematically impossible for Bitcoin to reach $1 million by 2030. （Cointelegraph）

According to Bitcoin Magazine, Edleman Financial, which manages $326 billion in assets, disclosed holding $34 million worth of Bitcoin ETFs, including BlackRock's IBIT and Grayscale products. Tudor Investment disclosed holding 688529 shares of IBIT stock worth $22.9 million as of June 30.

The acquisition negotiations between PayPal, Stripe, and Advent Global Opportunities are heating up. Stripe and Advent proposed to acquire PayPal for $60.50 per share, with a total transaction valuation of approximately $53 billion. Neither PayPal nor Stripe has confirmed the relevant information. PayPal declined to comment, while Stripe stated that it will not respond to market rumors or speculation. PayPal CEO Enrique Lores launched a restructuring plan after taking office in March this year, splitting the business into three major directions and planning to lay off 20% of employees in the next two to three years.