The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% compared to the figure of $8.4 billion for Q4 2022. Author: Jamie Crawley

The Blockchain Fund II is a private equity fund and will carry a minimum investment sum of $100,000. Author: Jamie Crawley

ALSO: Bitcoin needs a compelling narrative to break from its current range, but that likely will not occur until next year, says the CEO of Web3 bond-market platform Umee. Author: Sam Reynolds, James Rubin

Aragon’s governance crisis began to subside Wednesday after the DAO builder’s cofounder proposed buybacks, seemingly siding with a key talking point of activist investors. Author: Danny Nelson

Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week. Author: Jack Schickler