Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.
The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.
Ozzy Osbourne’s NFT collection CryptoBatz saw a big jump in sales and price after news of his death. Trading volumes surged over 100,000% in one day, briefly raising the floor price to around $295.
JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.
The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.
ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.
Vitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.
Standard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.
In fact, ZK’s potential for layer 2 expansion has only been tapped to a limited extent. In terms of full-chain interoperability, there is still a lot of room for imagination for ZK technology.
Blackrock's aggressive fee reduction in the competitive ETF market sets a benchmark, but uncertainties surrounding SEC approval pose challenges. As the industry strives for lower fees, the outcome of the SEC's investigation will play a pivotal role in shaping the future landscape of spot Bitcoin ETFs.
美国证券交易委员会的确认表明,对贝莱德(BlackRock)ETF提案的正式审查程序已经开始。
BlackRock’s filing renewed the hopes of several U.S. traditional finance firms. Here’s the list of companies that have resubmitted their applications.
Bailey, the CEO of BTC Inc. and a board member at the University of Alabama believes that BlackRock’s entry into the Bitcoin ETF market could tip the scales in favor of regulatory acceptance.
One of the world’s biggest asset manager has added bitcoin to one of the most preferred fund for ordinary and passive investors.
There are several challenges that a modern blockchain indexing startup may face.
The move comes one week after its partnership with Coinbase to provide institutional clients with crypto trading access.
BlackRock, world's largest money manager has entered a partnership with crypto exchange Coinbase on Thursday. BlackRock now will be able ...
BlackRock CEO Larry Fink said in July that the firm saw "very little demand" for cryptocurrencies from investors.