Strategy Makes $2 Billion Bitcoin Purchase Strategy (formerly MicroStrategy) has made a massive bitcoin purchase worth approximately $2 billion last week, according to CoinDesk. The move further solidifies Strategy’s position as the largest publicly traded bitcoin holder. The company’s continued accumulation comes as bitcoin recently dipped below $77,000. Source: CoinDesk
UK Payments Network Ready for Tokenization UK regulators have stated that the country’s financial payments network is ready for asset tokenization, according to CoinDesk. This marks a significant step for the UK in the crypto and blockchain finance space. Standard Chartered has previously indicated that tokenization could pull trillions of dollars into DeFi. The UK’s positive regulatory stance is expected to attract more financial institutions to participate in tokenization. Source: CoinDesk ...
[FLASH] Two of Japan’s largest online brokerages, SBI Securities and Rakuten Securities, have announced plans to offer cryptocurrency investment trusts to retail investors. The move signals growing institutional acceptance of digital assets in Japan’s financial market.
Harvard’s endowment has recently liquidated its ether ETF positions, while Abu Dhabi’s sovereign wealth fund Mubadala continues to accumulate shares in BlackRock’s iShares Bitcoin Trust ETF, adding over $90 million to its already substantial position. Institutional allocation strategies in crypto are showing clear divergence: academic institutions reducing ethereum exposure while Middle Eastern sovereign funds remain bullish on bitcoin. Source: The Block
House Agriculture leaders press Trump to appoint CFTC commissioners as the CLARITY Act advances in the Senate.
TD Cowen raised the bill’s passage probability to 40% from 33%, but Benchmark says the Clarity Act needs more Democratic support to advance.
US House lawmakers overseeing the CFTC are urging President Trump to fill commission vacancies, ensuring bipartisan leadership for US crypto trading regulation.
[Flash] CME, ICE Push U.S. Regulators to Scrutinize Hyperliquid Over Manipulation Risks The Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE) have jointly urged U.S. regulators to scrutinize decentralized derivatives platform Hyperliquid over alleged market manipulation risks. The move by two traditional finance giants signals growing wariness toward emerging competitors in the crypto derivatives space. Hyperliquid’s Policy Center responded that on-chain perpetual contracts offer greater efficiency and transparency.
[Flash] Lombard Joins LayerZero Exodus, $4B Assets Move to Chainlink Bridge DeFi protocol Lombard has announced its participation in the ongoing LayerZero asset migration, moving approximately $4 billion in assets to Chainlink’s cross-chain bridge solution. The move reflects continued capital outflows from the LayerZero ecosystem, while Chainlink’s bridging services are gaining favor among institutional-grade projects.
Saudi Arabia Launches Multi-Trillion Dollar Economic Tokenization Plan Saudi Arabia is advancing an ambitious plan to tokenize its vast economic assets, aiming to protect national wealth from global financial volatility. The move marks a deep embrace of blockchain technology by the Middle East’s largest economy. As the world’s largest oil exporter with a multi-trillion dollar economy, Saudi Arabia’s tokenization efforts could have profound implications for global financial markets. Analysts note that the tokenization plan carries multiple strategic benefits. First, by converting physical assets into digital tokens, Saudi Arabia can manage its sovereign wealth more flexibly, reducing reliance on traditional financial systems. Second, the initiative may attract more international investors to the Saudi economy, supporting its economic diversification goals. ...