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.
Distribution of these rewards is anticipated within 48 hours, and users will be able to monitor the allocation progress through their Enjin wallets.
ENS alleges UD stole open-source code with "Resolving Blockchain Domain Names" patent. Web3 collaboration raises questions. Community debates ethics, innovation, seeking resolution.
Adding payments would expand Twitter's commercial potential beyond its Twitter Tips feature, launched in partnership with Strike.
Fans can pre-order Final Fantasy VII’s 25th-anniversary figures at the Square Enix store while the digital collectibles will be available in 2023.
As an ERC-20 compatible token, Enjin, a cryptocurrency introduced by the Enjin corporation, may be transmitted and received using an Ethereum wallet.
"There's also a hugely untapped mountain of gold in gameplay possibilities with NFTs," says Radomski.
The metaverse is a virtual world that aims to replace the physical with augmented reality. Metaverse tokens in the cryptocurrency ...
On Thursday, a newly amended 13D filing revealed that Elon Musk assembled the team to take $7.1 billion out of his $44 billion Twitter takeover offer.
DAO, the fan club of crypto influencer and model Yuqing Irene Zhao, is guided by its core values of Simplicity, Wholeness, Meaning, and Purpose (SIMP).