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According to official sources, Lido's budget proposal for 2026 is expected to invest $60 million to transform from a single product to a diversified product portfolio, targeting institutional clients and expanding the stablecoin revenue business. The proposal states that stablecoins and other asset class related products will be developed to create new revenue streams and ensure the long-term resilience of the agreement. According to Dune Analytics, Lido currently has a 28% market share in the E...
Metaplanet has raised $100 million by pledging its bitcoin assets, which will be used primarily to buy more bitcoins, expand its revenue business and buy back shares, and partly for its earnings business, which will create and sell cash-backed bitcoin options to earn a steady income while holding bitcoins. As of October 31, the company held 30,823 bitcoins (about $3.517 billion), and the amount borrowed this time accounted for about 3% of that holding.
