BITPRISMIA
U.S. crypto treasury vehicles reached a record weekly trading volume of $41.1 billion, driven by institutional interest and Ethereum's significant contribution, signaling a shift in crypto investment trends.
Ethereum's recent surge is driven by significant institutional demand, with its utility as a programmable blockchain and role in Web3 making it more attractive than Bitcoin in some aspects.
SharpLink Gaming, led by Ethereum co-founder Joe Lubin, has acquired 80,000 ETH, increasing its total holdings to over 360,000 ETH, signaling strong institutional confidence in Ethereum's long-term value.
Windtree Therapeutics partners with Kraken to establish a $200 million BNB treasury, marking a significant step in corporate adoption of cryptocurrency for strategic financial management.
Fireblocks has integrated the Sui Network into its platform, providing institutional clients with secure custody and management of SUI tokens, enhancing institutional participation in the Sui ecosystem.
Kitabo Co., a traditional Japanese textile company, has invested ¥800 million (approximately $5.4 million) in Bitcoin as part of its treasury strategy, reflecting a broader trend of companies diversifying assets amid economic uncertainties.
GSR and Litecoin founder Charlie Lee lead a $100M investment into MEI Pharma, aiming to institutionalize Litecoin as a treasury asset and enhance its ecosystem.
Ethereum transfers exceeding $100,000 have surpassed $100 billion in a single week, marking the highest weekly volume since 2021, indicating renewed confidence and engagement in the Ethereum ecosystem.
JPMorgan Chase is exploring crypto-backed loans, allowing individuals and institutions to borrow fiat currency using cryptocurrency as collateral, which could legitimize crypto as a viable asset class in traditional finance.
K Wave Media (KWM) has partnered with Galaxy Digital to implement a long-term Bitcoin strategy, leveraging institutional capital and expertise to enhance Bitcoin adoption and treasury management.