Robert Kiyosaki, best known for his bestselling personal finance book " Rich Dad, Poor Dad," announced his two new investments as examples of "borderless" startups that he will discuss at a conference hosted by his business partner Ken McElroy.
One of these investments is a $5 billion lithium mine project that Kiyosaki initiated because of lithium’s critical role in the production of electronic vehicles. He describes lithium as a “new precious metal” that is essential for electric vehicle batteries.
Kiyosaki believes that lithium is helping to save the planet, likening his startup to “green New Deal” proposals aimed at combating climate change. He founded this venture with fellow entrepreneur Marin Katusa.
The lithium mine is located in Canada, and Kiyosaki explained that such a project “makes investors richer and saves the planet“.
Kiyosaki’s second investment is a billion-dollar carbon credit project that aims to save millions of trees and enrich farmers globally.
U.S. officials are reportedly gearing up to target Chinese companies listed on American stock exchanges, with delisting becoming a real possibility, according to Fox News journalist Charles Gasparino.
Magic Eden is branching out from its NFT roots by acquiring Slingshot, a crypto trading app known for its intuitive, cross-chain functionality.
A DeFi initiative with links to the Trump family, World Liberty Financial (WLFI), is planning to distribute a new stablecoin to its community as part of a live test of its airdrop system.
Ripple is stepping up its presence in traditional finance with the acquisition of Hidden Road, a prime brokerage platform serving institutional clients.