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.
Ding Linwei, a former Google engineer, is charged with stealing AI technology to benefit Chinese companies, including sensitive data on Google’s hardware and software. He faces multiple espionage and theft charges, with a potential prison sentence of up to 15 years.
Burwick Law and Wolf Popper LLP have sent a cease and desist letter to Pump.fun, accusing it of allowing users to create memecoins that impersonate their names and logos. The firms demand the removal of these tokens, including "DOGSHIT2," citing violations of intellectual property rights and potential harm to ongoing litigation.
Trump Media & Technology Group (TMTG) will launch its Truth.Fi investment portfolio, including ETFs and SMAs like the Truth.Fi Bitcoin Plus ETF. The company plans to invest $250 million in Bitcoin and other cryptocurrencies, with products set to debut later this year. As TMTG expands into crypto, some question whether the former President is overreaching beyond politics.
Telegram’s mandate for third-party wallets to use TON Connect restricts all Mini Apps to the TON blockchain, raising concerns over decentralisation and exclusivity. This move risks alienating developers and users, potentially leading to user attrition and reduced platform relevance in the crypto space.
Bybit resumed operations in India after paying a ₹9.27 crore ($1.06 million) fine and securing registration with the Financial Intelligence Unit-India (FIU-IND). The exchange had been blocked for non-compliance but now aims to fully operate under India's regulatory framework.
At Statuary Hall in the US Capitol, Donald Trump vowed the Washington crash that killed 67 would lead to improved air traffic control systems. However, calling the tragedy "amazing" and comparing it to golf sparked backlash for insensitivity. Were his remarks intentional or an unfortunate slip?
Gemini is considering an IPO in 2025, following regulatory challenges and legal settlements, including a $5 million fine. The company's move to go public comes amid growing interest from other crypto firms, like Bullish Global, in joining the stock market.
ARK Invest’s “Big Ideas 2025” spotlights transformative technologies set to boost productivity, revolutionise industries, and unlock investment opportunities. The report highlights 11 Big Ideas driving exponential growth and global change. Will these innovations power the next wave of transformation?
McDonald’s posted a playful message on X, which many crypto enthusiasts saw as a nod to the market downturn, sparking viral reactions. Exchanges like Kraken and OKX, along with figures such as HTX Global, joined in with humorous responses, turning the post into a symbol of potential recovery amid market struggles.
Sony’s blockchain platform is launching its inaugural music release in collaboration with Coop Records, but doubts linger regarding its potential for widespread adoption.