Rakuten Securities Bets Big on 24X US Holdings—Because Traditional Finance Was Too Boring
Another day, another legacy finance player scrambles to buy relevance in the digital age. Rakuten Securities just threw its hat into the crypto-adjacent ring with a splashy investment in 24X US Holdings—details undisclosed, naturally. Because why let transparency ruin a good headline?
Wall Street’s playbook: If you can’t beat ’em, write a check and hope nobody asks about ROI. Meanwhile, decentralized protocols keep eating their lunch.