Galaxy Wins NY BitLicense, Opens Institutional Crypto Trading
Novogratz's Galaxy becomes one of a small group of firms cleared by NYDFS to custody and trade crypto on behalf of institutions — a regulatory green light Wall Street has been waiting on.
Institutional crypto activity — corporate treasuries, custody mandates, pension and endowment moves, and bank involvement.
Novogratz's Galaxy becomes one of a small group of firms cleared by NYDFS to custody and trade crypto on behalf of institutions — a regulatory green light Wall Street has been waiting on.
Kevin Warsh is set to be sworn in as Federal Reserve Chair on Friday, officially ending Jerome Powell's tenure at the…
The headline move is Saylor's $2.01B add, but the more durable signal is that institutional accumulation is still leading the tape even as stablecoin issuance cools and DEX volumes fade.
Revenue ticked up 3% year-over-year but EBITDA collapsed to $18M as Kraken spends through the cycle on tokenized equities, derivatives, and stablecoin rails ahead of a delayed 2027 IPO.
Minnesota has become the latest US state to formally open the door for traditional financial institutions to hold…
The 47% jump in funded accounts — not the 3% revenue tick — is the structural read: Kraken's user base is compounding while a string of acquisitions and a pending IPO reshape its scale.
The bank takes its majority-owned subsidiary in-house rather than spinning it out — a signal that institutional digital-asset custody is now a core banking service, not a side venture.
Kraken's parent firm grew top-line revenue through the latest crypto downturn, signaling that major exchanges can still scale on volume mix and derivatives — not just bull-market spot activity.
The 4.37% supply stake and $289M annualized staking yield signal treasury conviction at scale — making Bitmine one of the largest single-entity ETH holders now visible on-chain.
The reversal matters more than the size: Lee said Bitmine would slow accumulation, then loaded 71,672 ETH in a single week — and tied the bid directly to crude, not to on-chain fundamentals.
Michael Saylor's Strategy has acquired 24,869 Bitcoin for approximately $2 billion, marking one of the largest single…
Bitmine added 71,672 ETH last week in a single-week accumulation push that lifted its total holdings to 5.28 million…
Strategy's weekly haul — the largest in months — lifts its hoard past 580,000 BTC, reinforcing the corporate-treasury bid that has become a structural floor under the market.
The latest haul pushes the treasury to 843,738 BTC and an unrealized profit of $1.49B — proof that even after a multi-year accumulation run, the corporate bid for Bitcoin is still live and still…
With 89% of holdings already staked and 4.37% of all ETH concentrated in one corporate treasury, Bitmine's accumulation pace is now a direct read on institutional conviction in the asset.
The $2.01B buy lifts Strategy's BTC holdings above 843,000 — roughly 4% of all bitcoin ever mined — at an average cost basis under $76K per coin.
The treasury push added 71,672 ETH in a single week and now equals more than 4% of all Ethereum ever issued, putting the company 87% of the way to its stated 5% target in just 11 months.
The $2B buy lifts Strategy above 4% of all bitcoin ever minted, with funding still flowing freely from MSTR and STRC equity issuance — the bid looks structural, not tactical.
Strategy has acquired 24,869 Bitcoin for approximately $2.01 billion, marking the company's largest single purchase of…
A top-tier global bank consolidating 100% of its institutional crypto custody arm signals where regulated capital is positioning for the next wave of institutional onboarding.