Investment activity in crypto funds slowed sharply for the week ending Sept. 6, with total outflows reaching $352 million despite US economic indicators pointing toward conditions that usually encourage risk-taking, according to CoinShares‘ latest report. James Butterfill, head of research at CoinShares, said weaker employment numbers and growing expectations for a Federal Reserve rate cut […]
The post Ethereum sees significant outflows as Solana and XRP shine amid $352M outflow appeared first on CryptoSlate.
Nasdaq is seeking regulatory approval to introduce tokenized versions of stocks and exchange-traded funds (ETFs) onto its existing trading platform. On Sept. 8, Tal Cohen, Nasdaq’s president, outlined the vision in a LinkedIn statement, explaining that the plan is designed to capture the efficiency gains of tokenization while preserving investor rights and market safeguards built […]
The post Nasdaq files for regulatory nod to introduce tokenized stocks and ETFs appeared first on CryptoSlate.
BitMine has crossed a new milestone, building its Ethereum reserves to more than 2 million ETH and solidifying its role as the largest corporate holder of the asset. The company announced on Sept. 8 that its balance sheet now exceeds $9.21 billion, split between holdings of 2,069,443 ETH, 192 Bitcoin, and $266 million in cash. These […]
The post BitMine surpasses 2 million Ethereum holdings, invests $20 million in Worldcoin treasury appeared first on CryptoSlate.
U.S. spot Ethereum ETFs have posted about $1 billion in net outflows, days after taking in roughly $1.4 billion during the prior week. The swing centers on primary market creations and redemptions that have become the main conduit for institutional ETH exposure in the U.S. Per SoSoValue’s U.S. ETH ETF dashboard, cumulative net outflows across […]
The post Ethereum ETFs hit by $1 billion pullback as lack of staking yield tests conviction appeared first on CryptoSlate.
Grayscale Investments has filed fresh paperwork with the US Securities and Exchange Commission (SEC), seeking to convert its Chainlink Trust into an exchange-traded fund ETF). The filing, submitted Sept. 5, would allow the $28.7 million vehicle to trade on NYSE Arca under the ticker GLNK once approved. The company said the shift is designed to […]
The post Grayscale files to convert $30 million Chainlink trust into staking ETF on NYSE Arca appeared first on CryptoSlate.
Forward Industries’ (FORD) stock price more than doubled after the company revealed plans to launch a $1.65 billion Solana treasury program. The rally followed news that Forward Industries had secured private placement commitments in cash and stablecoins from several industry giants, including Galaxy Digital, Jump Crypto, Multicoin Capital, and C/M Capital Partners, LP, one of […]
The post Forward Industries (FORD) to become largest Solana treasury holder through $1.6B deal, stock jumps 101% appeared first on CryptoSlate.
New updates have been made to Ripple’s XRP Ledger (XRPL) as the network looks to dominate and gain more traction. This is also a positive for XRP, which serves as the network’s bridge currency. Ripple’s XRP Ledger Gets A New Update In an X post, XRP validator Vet revealed that the credentials amendment on the XRP Ledger is now active. He explained that credentials can be applied to attest to compliance requirements, such as KYC and AML, for a user or institution and issued to their decentralized identity. This helps to further build trust in the network. Related Reading: Ripple Vs. SWIFT Battle Heating Up As Exec Lands Major Blow To XRP Vet also noted that the amendment has all been done natively on the XRP Ledger. Notably, this update is part of a larger move to enable compliance amendments on the network. With decentralized identities and credentials implemented, Vet indicated that their next focus is to work on the permissioned domains and permissioned DEX. Ripple and other XRP Ledger stakeholders aim to utilize these compliance amendments to attract more institutions to the network, enabling them to adhere to traditional finance (TradFi) standards even on-chain. This also comes as the network aims to become the go-to for tokenization. Ripple recently stated that 10% of global assets will become tokenized by 2030, and is undoubtedly looking to tap into this trillion-dollar market. Ripple Engineer Breaks Down Significance Of This Update In an X post, Ripple engineer Kenny explained that the credentials update gives developers and businesses a way to handle identity checks and compliance requirements directly on the XRP Ledger. With these, they do not need to approve each account one by one manually. The Ripple engineer noted that traditionally, verifying user credentials like KYC requires multiple checks across different platforms. Related Reading: Pundit Says Ripple Is The New SWIFT — Here’s What Is Driving It Kenny remarked that this process isn’t only inefficient but also increases privacy risks because sensitive information has to be shared multiple times. As such, this makes the XRP Ledger credentials update vital. The Ripple engineer revealed that this feature enables credentials to be issued, stored, and verified natively on the XRPL. He noted the benefits of how this allows users to prove a required criterion without undergoing repeated verification. Kenny also stated that this will improve the onboard process and enhance security, while maintaining privacy. The Ripple engineer further gave an example of what a typical flow will look like using this credentials feature. A business will define the credentials it requires, such as the KYC, then a trusted issuer creates and signs that credential. The user then accepts and stores these credentials in their XRP Ledger account. That way, the credential is checked on-chain whenever the user interacts with the business. At the time of writing, the XRP price is trading at around $2.83, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Solana (SOL) treasury company SOL Strategies secured approval to list its common shares on the Nasdaq, according to a Sept. 5 announcement. The company expects trading to commence on Sept. 9, under the ticker symbol “STKE” while maintaining its Canadian Securities Exchange listing under “HODL.” Shares will no longer trade on the OTCQB Venture Market, […]
The post SOL Strategies secures Nasdaq approval as institutional giants plan billion-dollar Solana treasury appeared first on CryptoSlate.
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will hold a joint roundtable on Sept. 29 to advance regulatory coordination in the digital asset sector. In a Sept. 5 joint statement, the agencies said fragmented oversight in the past had discouraged innovation and driven some crypto activity overseas. They […]
The post SEC and CFTC aim to harmonize crypto rules, boost US market leadership appeared first on CryptoSlate.
Nasdaq will require shareholder votes before stock issuances used to buy crypto. Strategy shares fell on the news but have clawed back 3% in pre-market trading. The added checkpoint lands directly on a fast-growing playbook in which public companies sell equity or convertibles, then purchase tokens for their balance sheets. The review complements existing listing standards. […]
The post Nasdaq puts $132 billion crypto treasury rush on hold with surprise vote rule appeared first on CryptoSlate.
Sora Ventures launched a Bitcoin treasury fund targeting $1 billion in purchases within six months, according to a company statement delivered at Taipei Blockchain Week in Taipei on Sept. 5. The firm said partners and regional investors have committed $200 million at launch, with the vehicle designed as a pooled source of institutional capital that […]
The post Sora unveils $1 billion Bitcoin fund with $200 million already committed appeared first on CryptoSlate.
Tether, the issuer of the world’s largest stablecoin USDT, is reportedly discussing deepening its investment in gold mining companies as part of its wider expansion strategy. According to a Sept. 5 Financial Times report, the company has held discussions with mining and investment groups to explore opportunities across the entire gold supply chain. If the plan […]
The post Tether eyes deeper dive into gold with new $100 million investment amid market boom appeared first on CryptoSlate.
Grayscale has introduced a new exchange-traded fund that aims to turn Ethereum’s price swings into regular income for investors. The product, called the Grayscale Ethereum Covered Call ETF (ETCO), launched on Sept. 4 and distributes dividends every two weeks. The firm said ETCO uses a covered call strategy instead of holding ETH directly. The firm […]
The post Grayscale’s new ETF targets income from Ethereum’s changing tides appeared first on CryptoSlate.
SWIFT’s Chief Innovation Officer, Tom Zschach, has raised doubts about whether Ripple’s technology and the XRP token can meet the standards global banks demand for cross-border settlement. His remarks, posted on LinkedIn, sparked renewed debate within the XRP community, which has long positioned Ripple as a challenger to SWIFT’s dominance. Zschach said some observers view […]
The post SWIFT CIO questions Ripple and XRP’s readiness for global banking standards appeared first on CryptoSlate.
Businesses have become a driving force in Bitcoin’s 2025 bull market, with corporate holdings now accounting for more than 6% of its total supply, according to a new report from River Financial. The report found that in the first eight months of 2025 alone, business inflows into Bitcoin surpassed last year’s total by $12.5 billion, […]
The post Businesses embrace Bitcoin amid 2025 bull market surge – River appeared first on CryptoSlate.
Bitcoin treasury firm Sequans Communications said it will reverse split its American Depositary Shares (ADSs) to remain listed on the New York Stock Exchange and appeal to larger institutional investors. In a Sept. 4 statement, the company confirmed that each ADS will soon represent 100 ordinary shares instead of 10. The adjustment will take effect […]
The post Bitcoin treasury company’s reverse stock split raises Bitcoin dumping fears on Wall Street appeared first on CryptoSlate.
Pokémon trading cards may be the next real-world asset (RWA) class to move on-chain as blockchain technology extends its reach beyond traditional markets. Over the past year, tokenization has transformed access to traditional markets like gold and US treasuries, which are primarily operated on efficient digital rails. However, collectibles like Pokémon cards remain tied to […]
The post Tokenized Pokémon card trades surge 5.5x to $124 million in August appeared first on CryptoSlate.
The market for tokenized equities could expand to nearly $190 trillion within the next 20 years, according to new projections from Galaxy Research. Galaxy made this projection after it became one of the first public companies to tokenize its stock on the Solana blockchain via Superstate, which specializes in compliant tokenization infrastructure. Speaking on the […]
The post Galaxy issues shares on Solana, sees tokenized stocks hitting $190 trillion in 20 years appeared first on CryptoSlate.
Gemini and Figure are targetting combined valuations exceeding $6.3 billion for their initial public offerings (IPO) as digital asset firms capitalize on renewed investor appetite for public market debuts, Reuters reported on Sept. 2. Blockchain lender Figure Technologies aims to raise up to $526.3 million at a maximum valuation of $4.13 billion. Meanwhile, Gemini exchange […]
The post Major US crypto firms target multi-billion valuations in their IPOs appeared first on CryptoSlate.
Spot Ethereum exchange-traded funds took in about $3.9 billion in August while U.S. Bitcoin ETFs posted roughly $750 million in net redemptions. The split extends a summer stretch in which Ethereum funds have consistently drawn capital since late July, as Bitcoin products saw intermittent outflows. The rotation follows a record July for Ethereum vehicles, with […]
The post What happens if Ethereum’s $3.9 billion ETF surge keeps rolling in Q4 appeared first on CryptoSlate.
Donald Trump’s crypto initiative, World Liberty Financial, went live on Sept. 1 with a market valuation above $7.4 billion, sparking heavy trading in its opening hours. According to CoinMarketCap data, WLFI climbed 13% to $0.2525 shortly after launch, while its trading volume has already surpassed $1.8 billion across centralized and decentralized exchanges. Notably, this rush […]
The post Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring appeared first on CryptoSlate.
DV8 today appointed Jason Fang, founding partner of Sora Ventures, as chief executive officer, outlining a shift to a corporate Bitcoin treasury and broader digital asset strategy, the company said. The move follows a months-long reshaping of DV8’s ownership and balance sheet. A cross-border group that includes Sora Ventures, UTXO Management, Kliff Capital, AsiaStrategy, Moon […]
The post Thailand’s DV8 Bitcoin treasury push deepens as Jason Fang becomes CEO after 99.9% raise appeared first on CryptoSlate.
Sonic community members have voted in favor of a wide-ranging plan to expand into the United States and pursue deeper ties with traditional finance, according to an Aug. 31 statement. According to the network, the proposal passed comfortably after more than 860 million S tokens were cast in support, well above the 700 million quorum level. […]
The post Sonic turns to US expansion after token drops more than 60% in a year appeared first on CryptoSlate.
Tokyo-based game developer Gumi Inc. is stepping deeper into digital assets with plans to acquire 2.5 billion yen (equivalent to $17 million) worth of XRP, according to an Aug. 29 announcement. The purchase will be spread across five months from September 2025 through February 2026. According to the firm, the move is designed to give Gumi […]
The post Japan-based Gumi commits $17M to XRP amid expansion into global payment networks appeared first on CryptoSlate.
Stablecoin supply has grown to around $280 billion after the United States enacted the GENIUS Act in July. Those two tracks, policy and distribution, frame the question in front of the market: Can supply continue to grow from $280 billion to $500 billion by late 2026? Treasury has now opened a public comment window to […]
The post Stablecoins eye explosive leap from $282B today to $500B by end of 2026 appeared first on CryptoSlate.
American Bitcoin, the mining company partly owned by Donald Trump Jr. and Eric Trump, is preparing to go public on the Nasdaq in September, Reuters reported on Aug. 28. The firm, launched in March, is 80% owned by Toronto-based Hut 8, one of North America’s largest crypto miners. The Trump brothers collectively own the remaining […]
The post Trump-backed Bitcoin mining firm to go public on Nasdaq next month appeared first on CryptoSlate.
An international consortium led by Sora Ventures, UTXO Management, and Kliff Capital has met with former Thai prime minister Thaksin Shinawatra in Bangkok to advance Thailand’s role as a hub for Bitcoin as a treasury asset across ASEAN. The meeting brought together executives from AsiaStrategy (Nasdaq: SORA), Nakamoto, Moon Inc., and Kliff Capital alongside Thaksin, […]
The post Corporate Bitcoiners eye Thailand as gateway to $3.8 trillion ASEAN Bitcoin treasury play appeared first on CryptoSlate.
US-listed Ethereum exchange-traded funds (ETFs) continued their positive momentum on Aug. 27, adding $307.2 million in fresh inflows. According to SoSo Value data, BlackRock’s ETHA accounted for the lion’s share, drawing $262.23 million, representing nearly 85% of the day’s total. Fidelity’s FETH and Grayscale’s ETH contributed $20.52 million and $15.05 million, respectively, while Grayscale’s ETHE […]
The post Ethereum ETFs race past $30 billion with $307M inflow as Bitcoin suffers $800M outflow appeared first on CryptoSlate.
Japanese Bitcoin treasury company Metaplanet has unveiled plans to raise over JPY 130 billion (equivalent to around $880 million) through an international share sale, with most of the proceeds earmarked for new Bitcoin purchases. The firm disclosed on Aug. 27 that its board approved the issuance of up to 555 million new shares. If shareholders […]
The post Japan-based Metaplanet aims to raise $880M from overseas investors for Bitcoin buying spree appeared first on CryptoSlate.
XRP futures became the fastest contract in CME Group history to cross $1 billion in open interest (OI), achieving the milestone in just over three months. CME Group reported its crypto futures suite surpassed $30 billion in notional open interest for the first time, with XRP and Solana futures each crossing the $1 billion threshold. […]
The post CME Group announces XRP futures fastest contract to cross $1 billion open interest appeared first on CryptoSlate.