Day: 7 August 2025

San Francisco, California, 7th August 2025, Chainwire

Institutional investors are increasingly favouring Ethereum treasury companies over US spot Ethereum exchange-traded funds (ETFs), according to Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick. Kendrick argues that companies like Sharplink Gaming (NASDAQ: SBET) provide better exposure to Ethereum (ETH) than ETFs by combining direct ETH price upside with ...

South Korean digital banking leader KakaoBank is actively preparing to enter the stablecoin market, signaling a major strategic move as the country ushers in a new regulatory era for cryptocurrencies. The bank aims to offer services related to the issuance and custody of stablecoins, aligning with growing government support for ...

World Liberty Financial (WLFI) is preparing to introduce an innovative loyalty program exclusively for USD1 stablecoin holders, aiming to incentivize adoption within its ecosystem. The project plans to collaborate with selected partners from the crypto exchange sector to roll out the rewards program, which will operate through a points-based system. ...

China is taking a significant step into the digital currency arena by preparing to launch its first stablecoins through Hong Kong. This move reflects a strategic effort by Beijing to reduce dependence on the U.S. dollar and strengthen the international standing of its currency, the renminbi. Pan Gongsheng via Google ...

Babylon Labs has unveiled a major development in decentralized finance (DeFi) with the launch of trustless Bitcoin vaults, enabling native BTC to be used directly in lending, stablecoin issuance, and perpetual trading without the need for custodians, bridges, or wrapped tokens. Despite being the largest crypto asset by market cap, ...

Parataxis Holdings, a U.S.-based institutional digital asset manager, is set to go public through a merger with SilverBox Corp IV (NYSE: SBXD), a special purpose acquisition company (SPAC), in a deal aimed at raising up to $640 million to fund a Bitcoin treasury strategy.The newly formed entity, Pubco, will list ...

DL Holdings has announced a HK$653.3 million (US$83.2 million) capital raise to accelerate its expansion into crypto and blockchain-related ventures, even as its stock took a hit following the news. In a filing to the Hong Kong Stock Exchange, the financial services firm revealed plans for a placing and subscription ...

In a bold strategic pivot, crypto platform Bakkt is set to transform Tokyo-listed company Marusho Hotta into a Bitcoin-centric investment entity, following a newly announced acquisition deal. On August 6, Bakkt Holdings revealed it would acquire a 30% stake in Marusho Hotta from Japanese wellness conglomerate RIZAP Group, positioning itself ...

MetaMask has officially integrated support for the layer-1 blockchain Sei. The strategic move aims to streamline cross-chain activity and broaden decentralized application access for millions of users worldwide. Announced this August 6, the integration allows MetaMask users to access Sei-native decentralized apps (dApps), swap and bridge assets to the Sei ...