Bybit launched a new platform on June 16 that allows users to trade gold, forex, stock CFDs, global indices, and commodities directly within its app, a first for any major crypto exchange. The launch of Bybit TradFi expands the company’s offerings beyond digital assets, positioning it as a full-service financial hub aimed at bridging the […]
Bybit unveils TradFi platform to blend crypto and traditional markets Read More »
Trump Media & Technology Group (TMTG), the company behind the Truth Social platform, has filed to launch a new exchange-traded fund (ETF) that would track Bitcoin and Ethereum. The filing, submitted to the US Securities and Exchange Commission (SEC) on June 16, marks a bold move in the firm’s shift toward digital finance. According to
Trump Media files for Bitcoin and Ethereum ETF Read More »
Invesco and Galaxy Digital have taken a concrete step toward bringing a Solana exchange-traded fund (ETF) to the US market. Public records show that the firms registered a trust named Invesco Galaxy Solana ETF with Delaware’s Division of Corporations on June 12. Over the past months, several firms have created Delaware statutory trusts before seeking
Invesco and Galaxy trust hints at US Solana ETF ambitions Read More »
SharpLink Gaming has established a significant Ethereum reserve, acquiring more than 176,000 ETH at an average price of $2,626 per token, according to a statement released on June 13. The $463 million investment marks the company as the first Nasdaq-listed firm to implement an Ethereum-focused treasury strategy. In addition, the company is the largest public
SharpLink leads with $463M Ethereum treasury move Read More »
A growing number of public companies are committing significant funds to XRP treasuries, with total commitments approaching the $1 billion milestone. The move signals rising institutional interest in integrating blockchain-based assets into corporate financial strategies. Momentum builds around corporate XRP reserves On June 12, Singapore-based Web3 firm Trident Digital revealed plans to raise up to
XRP’s corporate treasury investments near $1 billion Read More »
Shopify is rolling out support for USDC payments, allowing consumers to pay with stablecoins via Shopify Payments and Shop Pay. The feature, developed in partnership with Coinbase and launching on the exchange’s Base blockchain, is available in early access starting this week and will expand to more merchants over the coming months. New payment rails
Shopify to enable USDC payments via Base across its Checkout ecosystem Read More »
Tether has taken a new step in its long-term strategy of diversifying outside its primary stablecoin issuance business. On June 12, the USDT stablecoin issuer disclosed that it acquired an equity stake in Elemental Altus Royalties, a firm specializing in gold royalties. According to the firm, on June 10, it secured 78.4 million common shares
Tether amplifies gold strategy with around $90 million stake in Elemental Altus Read More »
A growing share of Bitcoin’s circulating supply is now concentrated in the hands of major institutional players and centralized entities, a new report by Gemini and Glassnode reveals. According to the findings, over 30% of Bitcoin’s supply is now controlled by just 216 centralized holders across six key categories, including crypto exchanges, ETFs and funds,
Just 216 Bitcoin holders own over 6 million BTC as market concentration grows Read More »
Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of
Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys Read More »
Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants, Reuters reported on June 11. However, Moynihan added that any progress in a potential launch would be contingent on forthcoming federal rules. He also told investors the bank
Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act Read More »
