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.
OpenAI CEO San Altman is preparing to launch his cryptocurrency project, Worldcoin Token (WLD), on July 24, according to reports.
Through the partnership, Chiru Labs and IPX plan collaborations through their respective properties, with potential content, merchandise, and events in the works.
Luxury fashion house Gucci is diving deeper into Web3 and the metaverse—and it's doing so in collaboration with Bored Ape Yacht Club creator Yuga Labs.
Veteran video game creator Paul Bettner has been working on his Web3 game Wildcard for over five years.
In case you forgot, Coinbase still has an NFT marketplace—and it’s still not doing very well.
Both Robinhood and Moonbirds founder were subject to attacks.
Vitalik Buterin, the founder of smart contract protocol Ethereum (ETH), is breaking down what he's bullish on for 2023.
The Ledger Stax is a sleek device that features an e-ink display that can show transaction details and even NFTs on its exterior.
OpenSea is planning a ‘thoughtful, principled approach’ to enforce creator fee payments.
Even though the concept of the Metaverse is still in its infancy, the creator of Ethereum thinks that tech giants ...