Elon Musk’s space exploration company SpaceX holds bitcoin on its balance sheet and has no plans to sell it, according to Musk. The prominent CEO also owns BTC, ETH, and DOGE personally.
A recent Goldman Sachs survey has found that nearly half of its wealthy family office clients are interested in cryptocurrencies, and that 15% of them are already invested in crypto.
Paxos has revealed the assets backing both its stablecoins PAX and BUSD for the first time. The firm revealed about 96% of the reserves were held in cash and cash equivalents, while 4% were in U.S. Treasury bills.
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Top stories in the Crypto Roundup today:
- SpaceX Owns Bitcoin and Plans on HODLing It
- Wealthy Family Offices are Eyeing Crypto, Goldman Sachs Finds
- Paxos Reveals Reserves Backing PAX and BUSD Stablecoins
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