Sony Bank launches BlockBloom Inc. to develop digital asset, NFT, and blockchain services in Japan. Dedicated subsidiary allows blockchain product development while reducing compliance and operational risks for the bank. Japan’s digital asset market growth encourages banks to explore tokenized securities and blockchain-based solutions. Sony Bank has established BlockBloom Inc., a wholly owned subsidiary that
Google takes 5.4% stake in Cipher, backing $1.4B Fluidstack lease obligations Cipher’s Texas Barber Lake site expands capacity to 500 MW on 587 acres Miners rewarded for AI pivots as Bitcoin mining stocks outperform Bitcoin itself Google has acquired a 5.4% stake in Bitcoin mining company Cipher Mining. The move underscores the growing intersection of