Bitwise CIO: GENIUS Act Unlocked $1B Crypto Fundraising Wave
Three near-simultaneous raises at Arc, Canton, and Tempo mark a structural shift in institutional capital formation — and the Clarity Act is now the next catalyst.
Funding rounds, seed and Series raises, project token sales, grants, and bankruptcy events.
Three near-simultaneous raises at Arc, Canton, and Tempo mark a structural shift in institutional capital formation — and the Clarity Act is now the next catalyst.
The platform's retail-trading dip mirrors the broader Q1 cool-off, but the BitLicense activation and $70M Zengo buy signal where management is placing the next leg of the bet.
The CPI dip-and-recover sets the day's tone, but the more durable read is on the institutional plumbing: a $250M USDC mint, Hyperliquid's first ETF, and JPMorgan's tokenized money-market fund for…
BlackRock has filed with the U.S. Securities and Exchange Commission to launch its second tokenized fund, again…
The 21Shares Hyperliquid ETF, trading under the ticker $THYP, closed its first day on the market with $1.8 million in…
The crypto market-structure bill heads into a Thursday markup with bipartisan amendments stacked up — but Circle, JPMorgan, and the Ethereum Foundation are already moving product on rails the bill is…
JLTXX will hold Treasurys and overnight repos — but the design target is stablecoin reserve compliance under the GENIUS Act, not yield-seeking crypto capital.
Bitwise's spot HYPE filing already sits at the SEC, and a clean first-day print at $1.8M is the kind of baseline smaller issuers will be benchmarked against.
JPMorgan is set to bring a tokenized money-market fund to the Ethereum blockchain, marking one of the most significant…
BTC still carries the book — roughly $2.17B of the $2.3B in cumulative originations — but adding SOL widens the funnel and signals Coinbase is doubling down on onchain lending as a core product line.
The new JLTXX vehicle is structured to meet GENIUS Act reserve rules for stablecoin issuers — turning JPMorgan into a direct infrastructure play for compliant onchain dollar yield, days after…
JPMorgan is launching a tokenized money market fund built on Ethereum, specifically engineered to qualify as a reserve…
Targeting the GENIUS Act's eligible-reserve carve-out for stablecoin issuers, the fund re-anchors Wall Street's tokenization thesis to the deepest institutional balance sheet yet.
The pitch is STRC — a liquid, money-market-grade credit instrument built on Bitcoin's volatility surface — and the $100B target is the substrate DeFi builds on next.
a16z, BlackRock, Apollo, and ICE buying into Circle's new L1 forces the question every holder of USDC had hoped wouldn't surface: the clean issuer-distributor pact with Coinbase no longer has…
The round is more than a unicorn chase — every backer is also a future customer of Elliptic's compliance stack, which is the read.
Bitwise CIO Matt Hougan frames the $1B+ raise across three institution-focused chains as the moment privacy stops being a feature and starts being the product — with US stablecoin law clearing the…
Sky Ecosystem is leading the round, signalling that the protocol is extending its USDS distribution thesis into third-party yield infrastructure — and the $2.5B Foundry allocation pool is the real…
SOL joins the collateral stack as Coinbase's crypto-backed loan book crosses $2.3B in originations — a sign the venue is betting users want yield-plus-borrowing, not yield-versus-it.
The headline rate is more than triple what most stablecoin lenders currently pay — the question is whether the spread reflects real yield or a fee-rebate subsidy from the platform’s mining pool.