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.
Bakkt stock jumps as leadership transition aims to capitalize on custody firm's turnaround.
Avalanche memecoin Sender's implosion amid suspicious fund movements reignites exit scam fears.
BlackRock's $100M tokenized Ethereum fund paves institutional DeFi path amid regulatory vetting.
Genesis Global, a bankrupt crypto lender, agrees to a $21 million penalty tied to Gemini Earn, settling SEC charges of securities law violations.
The UK's FCA aims to recover $8 million for supervising stablecoins and crypto, part of a broader regulatory agenda.
Starknet has adjusted its airdrop schedule for eligible Immutable X users and pooled Ether stakers, resolving technical issues and allowing users to claim their STRK tokens in April. However, the process has faced criticism and challenges, impacting the price of STRK.
The Nigerian High Court has ordered Binance to provide user data to the EFCC amidst allegations of criminality, impacting the cryptocurrency landscape in Nigeria.
Notcoin, a popular Telegram clicker game, is preparing for a token airdrop, attracting millions of players and introducing NFT vouchers for trading.
Aethir sold $60 million of Checkers nodes in under 30 minutes, aiming for decentralization. Its low-barrier approach includes NFT licenses and easy software operation.
Despite Ethereum's recent decline, a rare CryptoPunks NFT, Punk #7804, fetched $16.42 million, highlighting the enduring appeal of digital collectibles.