Crypto wins backing from two $1T+ financial firms
Two trillion-dollar firms greenlit crypto during a bear market, framed by Bitwise's Horsley and Sygnum's Dori as a structural shift, not a cyclical bid.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
Two trillion-dollar firms greenlit crypto during a bear market, framed by Bitwise's Horsley and Sygnum's Dori as a structural shift, not a cyclical bid.
The disclosures contrast Texas's $6.6M position with Brevan Howard's $2.3B Bitcoin exposure through BlackRock's IBIT ETF.
The move separates staking yield from validator operations and broadens Ripple's institutional offering beyond XRP, which has no staking rewards.
El Salvador's accumulation-only posture puts sovereign reserves at the center of Bitcoin's adoption story and gives markets a visible state-level demand signal.
A 3x leveraged ETF is designed to target roughly three times an asset's daily move, making daily-reset effects and risk controls central if the products launch.
The approval's significance extends beyond regulation: the WLFI-Dolomite split puts responsibility for lender losses in focus.
The banking lobby's last-ditch fight over stablecoin yields mirrors the early-80s money market war it lost.
The pause comes amid mixed institutional positioning: Abu Dhabi funds held about $764M of IBIT with unchanged share counts, while JPMorgan added and Morgan Stanley trimmed.
The figures sharpen Bitcoin's decentralization debate, but wallet counts do not equal unique holders because exchanges and custodians can pool addresses.
Whale activity can accompany sharp Bitcoin moves in either direction, but it is not a standalone forecast and could change in coming months.
The move makes AI-content provenance a user-facing setting, while the planned Search rollout would extend Google's approach across more of its product stack.
Broader BTC and ETH ETF outflows neared $2.7B in two weeks, while HYPE, XRP and Solana fund inflows point to institutional rotation rather than a clean exit.
Stablecoins provide settlement liquidity for trading and collateral for DeFi lending, so a smaller base can tighten conditions across both markets.
The sale reduces Hyperscale Data's BTC exposure while redirecting capital toward data-center infrastructure, reflecting a wider shift from mining reserves to AI and high-performance computing.
BitGo's federally chartered digital asset trust bank gives it a regulatory head start while competitors wait for the Clarity Act to settle U.S. market rules.
The milestone shifts the AI race from model launches to distribution, putting Alibaba's ability to convert broad reach into sustained usage under the spotlight.
Hyperliquid's pre-IPO perp market lets speculators price Unitree at ~$38B before its Shanghai debut, framing the convergence as the real test: a 2x open at $45 would still liquidate roughly a third…
The design positions USDC as a settlement rail for autonomous commerce, extending stablecoin utility beyond human-led checkout.
The 24-fold call surge from a $7T-asset bank is the loudest institutional Bitcoin bid signal this quarter, but the cleaner tell is the other side: UBS cut its IBIT put hedges by more than half in…
The dollar change is rounding error inside Tudor's $71.9B book, but the inflection is the story: a macro legend who sold into Bitcoin's $124K top now re-engaging with the ETF wrapper after a year of…