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.
Notebooks seized by police revealed deepfake-driven fraud. Authorities arrested 31 suspects, including students. Is online romance now a minefield of deception?
Cambodia's central bank introduced new rules for digital assets, allowing banks to engage with tokenized assets and stablecoins but banning direct cryptocurrency holdings. Non-compliance could result in heavy fines, aiming to protect the financial system and consumers.
Backpack has acquired FTX EU for $32.7 million, aiming to offer regulated crypto derivatives in Europe, including perpetual futures. The company is working to reactivate FTX EU's licence and return funds to affected customers while expanding its services in the region.
Microsoft announced a $3 billion investment to expand its cloud and AI infrastructure in India, including setting up new data centers and training 10 million people in AI skills by 2030.
A Canadian man, who remains unidentified, says he has moved several times with his family to escape suspected kidnappers who allegedly tried to force him to surrender his Bitcoin.
Judge Katherine Failla approved Coinbase’s interlocutory appeal, citing inconsistencies in how courts define securities under the SEC’s jurisdiction. While the decision lets Coinbase challenge the SEC in the Second Circuit, is this a true victory or just a temporary delay?
Meta is replacing third-party fact-checking with a Community Notes model like X’s. Is it merely a strategic evolution, or did Mark Zuckerberg’s private meeting with Donald Trump influence the decision?
Johnny Depp warned fans about scammers using AI to impersonate him online, urging them not to share personal info or money. He clarified his official social media accounts and emphasised he does not offer paid interactions.
Lotte’s AI-driven Caliverse will integrate with a layer-2 network, enabling crypto transactions. A pending deal could cement Arbitrum as its primary blockchain provider.
A recent study found that most crypto advice on TikTok is misleading, with over half of videos promoting risky investments without proper warnings. Many influencers push specific coins, make unrealistic promises, and lack proper qualifications, putting viewers at high financial risk.