NEW: @StanChart adds custody for RLUSD on the XRP Ledger in Dubai, allowing institutional clients to use RLUSD as collateral on LMAX Group’s trading platform.
Michael Sellers stated on X platform that the duration of Strategy USD is 3.5 years, the credit spread of STRC for Bitcoin is 52 basis points, assuming an annualized yield of 10% for BTC, a volatility of 40% for BTC, and a price of $82252 for Bitcoin.
The treasury company SKYA is liquidating its 2 million SOL reserves and has recently sold approximately 1.25 million SOLs, with a total value of approximately $138 million. The funds will be used to repurchase 95% of the company's issued shares. (Ashes)
