Coin360 weekly crypto news, cryptocurrency updates, market movement

Coin360 weekly crypto news

Coin360 Weekly Dispatch | Crypto Market Updates & Highlights | June 29 - July 5, 2025

<h2>JPMorgan's Kinexys Launches Blockchain Platform to Tokenize Carbon Credits&nbsp;</h2>JPMorgan’s blockchain unit, Kinexys, is collaborating with major registries like S&amp;P Global Commodity Insights to develop a blockchain platform for tokenizing carbon credits. This initiative aims to enhance transparency, efficiency, and liquidity in the voluntary carbon market. Tokenized credits, representing one ton of CO2 reductions, will be digitally recorded and traced. JPMorgan emphasizes that current carbon markets face inefficiencies and fragmentation, proposing a unified tokenized ecosystem to counter these issues. Despite past challenges with market integrity, the bank believes improved infrastructure could revitalize the carbon asset class, which has stalled in recent years.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Robinhood Launches Tokenized U.S. Equities for Europe, Develops Layer-2 Blockchain Amid Controversy</h2><a href="https://coin360.com/news/robinhood-tokenized-equities-crypto-price-index-eu-expansion">Robinhood</a> recently launched over 200 tokenized U.S. equities for European customers, utilizing&nbsp;<a href="https://coin360.com/coin/arbitrum-arb">Arbitrum</a>’s blockchain, with low deployment fees averaging just three cents per contract. This “walled garden” approach restricts token transfers, ensuring compliance while limiting broader access. The company is also developing its own Layer-2 blockchain, focusing on instant settlement and security. Amidst competition from&nbsp;<a href="https://coin360.com/review/bybit">Bybit</a>,&nbsp;<a href="https://coin360.com/exchange/kraken">Kraken</a>, and others, Robinhood's stock surged 8% to an all-time high of $90.49. Controversy arose over unauthorized tokenized shares linked to OpenAI, stressing the importance of compliance. The developments represent a pivotal moment in the intersection of traditional finance and crypto innovation.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Hilbert Group Launches Strategic Advisory Board to Enhance Syntetika's Institutional DeFi Platform</h2>Hilbert Group has established a <a href="https://coin360.com/news/hilbert-syntetika-advisory-board-tokenization">strategic advisory board</a> for its Syntetika platform, enhancing its institutional DeFi offerings. The board comprises industry leaders like Max Rabinovitch, John Lilic, Vladimir Maslyakov, and Chirdeep Chhabra, each contributing significant expertise in DeFi, Web3, and institutional finance. Syntetika aims to tokenize Hilbert Capital’s Bitcoin-denominated funds, tapping into over $10 billion in BTC flows in DeFi. CEO Barnali Biswal emphasized the board’s experience in compliance and scaling as crucial for growth. Additionally, Syntetika is launching a Whitelist Campaign for early access to its features, signaling ongoing development in compliant tokenization.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Hong Kong Introduces Third Tokenised Bond with Stamp Duty Exemption and Expanded Asset Offerings</h2>Hong Kong is launching its third tokenised bond, featuring a stamp duty exemption for tokenised ETFs, aiming to strengthen its position as a global digital asset hub. This follows two successful tokenised green bonds issued in 2023 and 2024. The new bond allows for asset expansion into precious metals, non-ferrous metals, and solar panels, facilitating fractional ownership and 24/7 trading, thus enhancing liquidity. Key benefits include increased investor participation and financial incentives through tax exemptions. However, Hong Kong faces challenges like integrating blockchain with traditional systems and ensuring regulatory compliance for investor protection.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Backed Finance Launches xStocks: Tokenized Apple, Microsoft, and Amazon Stocks on Kraken and Bybit</h2>Backed Finance is launching xStocks, a suite of over 60 tokenized stocks and ETFs, including major US equities like Apple and Tesla, on Kraken and Bybit. This initiative allows global users to trade these digital shares 24/5 (excluding US residents), enhancing access to American equities while adhering to regulatory standards. The stocks are backed 1:1 by the underlying assets and are also usable in&nbsp;<a href="https://coin360.com/glossary/decentralised-finance">DeFi</a> protocols. Supported by the xStocks Alliance, which includes partners like&nbsp;<a href="https://coin360.com/coin/chainlink-link">Chainlink</a> for secure price feeds, xStocks aim to democratize financial market access, promoting a more inclusive global financial system.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Gemini Launches Tokenized MicroStrategy Stock for EU Investors, Enabling 24/7 Bitcoin Exposure</h2><a href="https://coin360.com/exchange/table">Gemini</a> launched a tokenized version of MicroStrategy's stock (MSTR) for EU investors, enabling 24/7 trading and integration with digital assets. This innovation allows indirect exposure to&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a>, as Strategy holds over 592,000&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a>. MSTR is currently priced at $383.88, reflecting a 3.84% increase over the past month. Analysts suggest that if Bitcoin maintains above $95,240, Strategy may qualify for the S&amp;P 500 due to recent accounting rule changes allowing unrealized crypto gains to be included in net income. This marks Gemini's first tokenized stock, with more equities and ETFs expected soon.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>SIFMA Urges SEC to Deny Crypto Firms' Requests for Tokenized Stock Exemptions</h2>The Securities Industry and Financial Markets Association (SIFMA) has urged the SEC to reject requests from crypto firms for no-action or exemptive relief to offer tokenized stocks. SIFMA argues that such exemptions could undermine investor protections inherent in federal securities laws. SEC Commissioner Hester Peirce has suggested considering exemptive orders for blockchain-based securities, acknowledging regulatory challenges. Meanwhile, exchanges like&nbsp;<a href="https://coin360.com/review/coinbase">Coinbase</a> and Kraken are pursuing tokenized stock offerings, with Kraken recently launching a tokenized stock trading service, though not available to users in major markets including the US and Canada. SIFMA's stance emphasizes the importance of following a formal regulatory process.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Ondo Finance and Pantera Capital to Invest $250 Million in Real-World Asset Projects</h2><a href="https://coin360.com/coin/ondo-ondo">Ondo</a> Finance and Pantera Capital announced a $250 million investment in real-world asset (RWA) projects, aiming to bridge traditional financial markets and digital assets. The investment will focus on equity stakes and project tokens, enhancing Ondo's exposure to tokenized RWAs after launching a platform for onchain access to U.S. securities, including stocks and ETFs. Ondo's Chief Strategy Officer Ian De Bode emphasized the need for compelling reasons for asset holders to choose onchain methods over traditional brokerage accounts. The initiative reflects growing interest in tokenization, with other players like Coinbase and Kraken also pursuing tokenized equities.This article has been refined and enhanced by ChatGPT.

Robot unlocks tokenized bonds backed by solar and precious assets

Robot unlocks tokenized bonds backed by solar and precious assets.webp

Tokenization & RWA Weekly Recap Reveals Bold Moves From JPMorgan, Robinhood

<h2>Crypto Investment Products See $2.7 Billion in Inflows, Marking 11-Week Streak</h2>Global crypto investment products saw another $2.7 billion in net inflows, marking an 11-week streak and bringing year-to-date inflows to $17.8 billion, comparable to 2024.&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a>-based funds contributed $2.2 billion, constituting 83% of the inflows, while&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a> funds added $429 million, achieving their longest inflow streak since 2021. The U.S. led with $2.7 billion in inflows, significantly driven by spot Bitcoin ETFs. Despite outflows from Canada, Brazil, and Hong Kong, overall assets under management reached $184.4 billion, reflecting sustained investor demand amid geopolitical volatility and monetary policy uncertainty, according to CoinShares.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>BlackRock’s iShares Bitcoin Trust Surges to $70B AUM in Record Time, Outpacing Rivals</h2>BlackRock's iShares Bitcoin Trust ETF (IBIT) has dramatically surged to $70 billion in assets under management (AUM), achieving this milestone faster than any other US ETF in just 341 trading days. With over $52 billion in cumulative inflows since its launch, IBIT has solidified its position as the dominant Bitcoin fund, markedly outpacing rival ETFs that have stagnated around $20 billion in total inflows. Additionally, IBIT has generated $186 million annually in fee revenue, surpassing BlackRock's flagship S&amp;P 500 ETF. This shift signifies a notable change in institutional investment behavior toward Bitcoin products.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>UniCredit Launches Capital-Protected Bitcoin ETF Product for Professional Clients</h2>On July 1, 2025, UniCredit SpA announced a five-year structured investment product linked to BlackRock’s iShares Bitcoin Trust ETF (IBIT), available to professional clients in Italy. This product offers 100% capital protection at maturity, with a maximum return of up to 85% of the ETF’s performance and a minimum investment of $25,000. The offer reflects increasing institutional interest in regulated Bitcoin investments, as BlackRock’s IBIT now manages $75 billion since its U.S. launch in January 2024. The product represents a significant first for UniCredit in Italy, addressing growing demand for emerging asset classes like cryptocurrencies.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Bitwise CIO Predicts Ethereum ETFs Could Attract $10 Billion by Late 2025</h2>Bitwise CIO Matt Hougan predicts Ethereum ETFs could attract $10 billion in inflows by late 2025, reflecting strong investor interest, with $1.17 billion already brought in during June 2025. Total inflows reached approximately $1.5 billion in the first half of the year, despite a dip in March. Hougan highlights Ethereum's role in tokenizing assets, making it appealing to traditional investors. The anticipated approval of staking-enabled ETFs, along with significant network upgrades, is expected to further boost growth. Partnerships with major institutions like BlackRock and Robinhood enhance Ethereum's market position as a key player.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Grayscale ETF Trading Halted by SEC; Solana Staking ETF Debuts with $12M in Investments</h2>Grayscale's Digital Large Cap Fund ETF, which aims to include&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a>,&nbsp;<a href="https://coin360.com/coin/xrp-xrp">XRP</a>, and&nbsp;<a href="https://coin360.com/coin/cardano-ada">Cardano</a> alongside Bitcoin and Ethereum, has faced an unexpected trading pause from the SEC, attributed to a rapidly changing regulatory environment. This decision reflects the regulator’s cautious stance on altcoin ETFs. Conversely, the Rex-Osprey Solana +&nbsp;<a href="https://coin360.com/glossary/DeFi-Staking">Staking</a> ETF debuted successfully, raising $12 million with $33.6 million in trading volume. Grayscale remains committed to listing GDLC and has previously had success converting its Bitcoin and Ethereum trusts. The SEC has recently shown willingness to approve funds focused on major cryptocurrencies but is yet to permit smaller altcoin ETFs.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Bitwise Updates Dogecoin and Aptos ETF Filings, Introduces In-Kind Redemption Mechanisms</h2>Bitwise Asset Management has updated its S-1 filings for proposed spot&nbsp;<a href="https://coin360.com/coin/dogecoin-doge">Dogecoin</a> and&nbsp;<a href="https://coin360.com/coin/aptos-apt">Aptos</a> ETFs, introducing in-kind creation and redemption mechanisms, enhancing fund management efficiency. This marks the first instance of in-kind options for Bitwise, which initially sought approval for the Dogecoin ETF in January and Aptos in March. Bloomberg analysts estimate a 90% chance for crypto ETF approvals this year, bolstered by significant market interest. Spot Bitcoin and Ethereum ETFs have amassed over $8 billion in inflows recently, reflecting growing investor demand for reduced trading costs and increased liquidity through these in-kind provisions.This article has been refined and enhanced by ChatGPT.

Robot plants Ethereum ETF seeds in glowing soft crypto soil [Ethereum]

Robot plants Ethereum ETF seeds in glowing soft crypto soil [Ethereum].webp

Crypto Funds Weekly Recap Sees $2.7B Inflows as ETFs Surge

<h2>House GOP Launches 'Crypto Week' to Advance Landmark Legislation on Digital Assets</h2>U.S. House Republicans are launching "Crypto Week" on July 14, 2025, to expedite three key bills: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act, which aims to reshape digital asset regulation. The bipartisan GENIUS Act focuses on dollar-backed&nbsp;<a href="https://coin360.com/glossary/stablecoin">stablecoins</a> and allows state-level regulation, contrasting with the House’s STABLE Act. President Trump urges swift passage before Congress's August recess. However, potential modifications by the House could delay approval. This legislative push seeks to ensure the U.S. leads in financial innovation while safeguarding consumer privacy and preventing government-backed CBDCs.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Supreme Court Declines to Review IRS Demand for Coinbase User Data, Upholding Lower Court Ruling</h2>The U.S. Supreme Court has declined to review a case regarding the IRS's request for user data from&nbsp;<a href="https://coin360.com/review/coinbase">Coinbase</a>, thereby upholding a lower court's ruling. This case involves the IRS demanding records from thousands of Coinbase customers, including transaction data and account security settings, raising concerns about privacy rights under the Fourth Amendment. Amicus briefs from Coinbase and Elon Musk's X emphasized the need for clarity on digital privacy. Coinbase Chief Legal Officer Paul Grewal argued in April that the IRS's actions extend beyond cryptocurrency, potentially impacting privacy across various sectors, including banking and technology platforms.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Kazakhstan to Create National Cryptocurrency Reserve Using Seized Assets and State-Mined Coins</h2>Kazakhstan is establishing a national cryptocurrency reserve, combining seized digital assets and state-mined coins, as announced by central bank governor Timur Suleimenov. This initiative leverages Kazakhstan's 13% share of the global&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> hash rate and follows strict miner licensing regulations. The reserve, managed by a National Bank affiliate, will adhere to sovereign-wealth best practices, focusing on secure storage and transparency. The government is finalizing the regulatory framework without disclosing a launch date or target size. This move aligns Kazakhstan with global trends, as various public treasuries and companies increasingly seek to accumulate cryptocurrency assets.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>South Korea's Central Bank Shifts Focus from CBDC to Won-Backed Stablecoins Amid Growing Support</h2>South Korea's central bank, the Bank of Korea (BOK), has paused its central bank digital currency (CBDC) project, shifting focus to private, won-backed stablecoins following President Lee Jae Myung's endorsement. The pilot program for the Hangang CBDC included 100,000 citizens and incurred average costs of $3.7 million per participating bank, with no clear launch path. Legislative proposals to legalize won-backed stablecoins have emerged, supported by major companies like Naver and Kakao. BOK officials highlight potential demand for these assets, which aim to prevent capital flight to foreign stablecoins amidst a burgeoning local crypto trading scene.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Arizona Governor Vetoes Digital Asset Reserve Bill for Third Time, Citing Law Enforcement Concerns</h2>Arizona Governor Katie Hobbs has vetoed House Bill 2324, aimed at creating a state-run digital assets reserve fund, marking her third veto on such legislation this session. She expressed concerns that the bill could undermine local law enforcement's cooperation in asset forfeitures by reallocating seized assets. Despite legislative support, Hobbs continues to adopt a cautious stance on cryptocurrencies, aligning with broader Democratic trends favoring stricter regulations. Notably, she previously signed measures for crypto ATM oversight and allowed a digital assets reserve fund with different conditions, reflecting a national debate on crypto regulation split along partisan lines.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>IMF Rejects Pakistan's Subsidized Electricity Proposal for Crypto Mining Amid Market Concerns</h2>The IMF has rejected Pakistan's proposal to subsidize electricity rates for cryptocurrency mining, as announced by Dr. Fakhray Alam Irfan. The plan, which aimed to utilize the country's surplus electricity and lower costs to boost mining operations, suggested rates of Rs 22–23/kWh. Despite a focus on energy surplus, the IMF is concerned about potential market distortions and the impact on tariffs. Pakistan plans to invest 2,000 megawatts to support mining and AI centers. Additionally, plans for a government-led Bitcoin reserve were mentioned, echoing similar strategies in the US. The country continues to engage with international institutions for support.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Bank of Russia Rejects Bitcoin Investments, Prefers Liquid Assets</h2>The Bank of Russia, led by Governor Elvira Nabiullina, is not considering investments in Bitcoin or other cryptocurrencies, viewing them as risky and volatile assets. The central bank maintains its opposition to using cryptocurrencies for domestic payments, allowing access only to qualified investors and companies involved in foreign trade. Additionally, the finance ministry does not plan to include digital assets in the National Welfare Fund, prioritizing liquid holdings. Russia lags behind its neighbors in cryptocurrency reserves, as notable initiatives arise in countries like Ukraine and Kazakhstan to incorporate crypto into their foreign exchange reserves.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Turkey Blocks PancakeSwap and 45 Crypto Sites in Regulatory Crackdown</h2>Turkey has intensified regulatory efforts by blocking access to&nbsp;<a href="https://coin360.com/coin/pancakeswap-cake">PancakeSwap</a> and 45 other crypto websites as part of a crackdown on unauthorized digital asset services. The Capital Markets Board (SPK) announced legal actions against these platforms, which reportedly did not possess the necessary authorization to operate in Turkey. PancakeSwap, a leading&nbsp;<a href="https://coin360.com/glossary/Decentralized-Crypto-Exchange-dex">decentralized exchange</a> with over $325 billion in June trading volume, is among those affected. Turkey's strict regulatory framework includes requirements for user identification on transactions exceeding approximately $425 and has enforced a ban on crypto payments for purchases since 2021, allowing only buying, holding, and trading of digital assets.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Celsius Cleared to Pursue $4B Bitcoin Recovery Lawsuit Against Tether</h2>A US Bankruptcy Court has permitted&nbsp;<a href="https://coin360.com/coin/celsius-cel">Celsius</a> Network to advance its lawsuit against&nbsp;<a href="https://coin360.com/coin/tether-usdt">Tether</a>, alleging breaches of contract and US bankruptcy laws related to the&nbsp;<a href="https://coin360.com/glossary/understanding-liquidation-crypto-trading-guide">liquidation</a> of over 57,000&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a> during Celsius's 2022 collapse. Key claims include a collateral return shortfall of 15,658.21 BTC, excessive cross-collateral transfers of 2,228.01 BTC, and an unauthorized liquidation of 39,542.42 BTC, which led to losses exceeding $100 million. Celsius argues these actions allowed Tether to unfairly enhance its creditor position. Although some claims were dismissed, the court's ruling could significantly impact asset recovery in the crypto space.This article has been refined and enhanced by ChatGPT.

Robot destroys crumbling CBDC block with surveillance chains breaking [CBDC]

Robot destroys crumbling CBDC block with surveillance chains breaking [CBDC].webp

This Week’s Global Policy Shakeup: Crypto Laws, Stablecoins, and Crackdowns

<h2>Public Companies Outpace ETFs in Bitcoin Accumulation for Third Straight Quarter</h2>Public companies are now outpacing ETFs in&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> accumulation for the third consecutive quarter, buying approximately 131,000&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a> in Q2 2025—a notable 18% increase from Q1. In contrast, ETFs acquired 111,000 BTC, an 8% rise. Public companies prioritize Bitcoin accumulation to enhance shareholder value, irrespective of market price. Currently, ETFs hold over 1.4 million BTC (6.8% of fixed supply), while public companies possess around 855,000 BTC (4%). A favorable regulatory environment under the Trump administration is believed to have boosted corporate interest. Strategy, holding 597,000 BTC, remains the leader in corporate Bitcoin holdings.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Strategy Acquires 4,980 BTC, Raising Holdings to 597,325; Saylor Predicts $21M Bitcoin Price in 21 Years</h2>Strategy, formerly known as MicroStrategy, purchased 4,980 BTC for $531.9 million from June 23 to June 29, raising its total holdings to 597,325 BTC, which accounts for over 2.8% of Bitcoin's 21 million supply. These acquisitions were financed through sales of its Class A common stock and preferred stocks. Co-founder Michael Saylor suggested a $21 million Bitcoin price prediction for the next 21 years, emphasizing the importance of investing. Additionally, Pomerantz LLP filed a class action lawsuit against Strategy, alleging investor misrepresentation regarding bitcoin's risks and profitability. Key points include a $5.9 billion unrealized bitcoin loss in Q1 2025, an 8% stock drop, and an invitation to join the class action for affected investors until July 15.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Metaplanet Acquires 1,005 BTC, Becomes 5th Largest Corporate Bitcoin Holder</h2>Metaplanet has acquired an additional 1,005 BTC, increasing its total holdings to 13,350 BTC and making it the 5th largest corporate Bitcoin holder, surpassing Galaxy Digital and CleanSpark. The latest purchase cost $108.1 million at $107,601 per Bitcoin. Following this, Metaplanet's stock jumped over 10%, closing at 1,650 yen, while the company reported a BTC yield of 129.4% for Q2 2025 and 348.8% year-to-date. With plans for continued Bitcoin purchases, Metaplanet aims to reach 30,000 BTC by 2025 and 210,000 BTC by 2027.&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Hilbert Group Launches Bitcoin Treasury Strategy, Stock Soars 13.22% as Institutional Demand Rises</h2>Hilbert Group AB (NASDAQ: HILB B) has launched a <a href="https://coin360.com/news/hilbert-group-bitcoin-treasury-stock-surge">crypto treasury program</a> focusing on Bitcoin, aiming to respond to rising institutional demand for digital assets, particularly as few European companies hold Bitcoin. Following the announcement, Hilbert's stock surged 13.22% in a day, with a 165.50% increase over six months and a 168.63% rise year-to-date. CIO Russell Thompson leads the newly formed Treasury Committee, emphasizing an actively managed reserve using AI for transparency. This initiative aims to bridge traditional equity investing with crypto, potentially setting a precedent for other public companies in the digital asset space.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Vanadi Coffee Bets €1 Billion on Bitcoin Amid Financial Struggles</h2>Vanadi Coffee, a small coffee chain in Alicante, Spain, has approved a bold €1 billion ($1.17 billion) investment in Bitcoin, aiming to make it its primary reserve asset. Following a €3.3 million loss in 2024, the company purchased 54 BTC for €5.8 million and plans to become Spain's largest business holder of Bitcoin. Despite a tripling of its stock price post-announcement, critics warn of risks due to Vanadi’s limited experience in crypto and challenging market conditions. This drastic strategy mirrors successful models from larger companies like Strategy and Metaplanet, but raises concerns about sustainability and regulatory compliance.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Hut 8's American Bitcoin Corp. Raises $220 Million to Expand Bitcoin Holdings and Mining Operations</h2>Hut 8 Corp.'s subsidiary, American Bitcoin Corp., raised $220 million through a private stock placement, selling over 11 million shares, including $10 million purchased with Bitcoin at a conversion rate of $104,000 per Bitcoin. After fees, net proceeds totaled approximately $215 million, aimed at expanding Bitcoin reserves and mining operations. The SEC-exempt offering was initiated on June 27, 2025, following an agreement with accredited investors. Plans include a public listing via a reverse merger with Gryphon Digital Mining on Nasdaq under the ticker ABTC. The Trump organization also aims to establish a $2.5 billion Bitcoin treasury, emphasizing crypto's financial future.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>DDC Enterprise Raises Up to $528 Million to Expand Bitcoin Treasury</h2>DDC Enterprise, the NYSE-listed company behind brands like DayDayCook, has raised up to $528 million to expand its corporate Bitcoin treasury. The financing includes a $26 million private investment in public equity, $25 million in convertible notes, a $2 million private placement, and a $200 million equity line of credit. Currently, DDC holds 138 bitcoins valued at approximately $14.67 million. With backing from notable investors like Anson Funds and Animoca Brands, DDC aims to become one of the largest corporate Bitcoin holders, competing with firms like Strategy, which owns 597,325 BTC.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Smarter Web Company Boosts Bitcoin Holdings by $24.7M, Now Holds 773 BTC.</h2>The Smarter Web Company, a UK-based web design and marketing firm, has enhanced its Bitcoin treasury by purchasing an additional 230.05 BTC for $24.7 million, now holding a total of 773.58 BTC valued at over $82.6 million. This acquisition follows its “10 Year Plan,” aimed at promoting sustainable growth through Bitcoin accumulation. The company also raised approximately $62 million through recent fundraising, resulting in a 9% dilution of existing shareholders. Smarter Web believes in Bitcoin's pivotal role in the future of finance, aligning with the broader trend of UK firms investing in cryptocurrency.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Mara Holdings Reaches 50,000 BTC Treasury Milestone Amid Expanded Mining Operations</h2>Mara Holdings has reached a significant milestone by expanding its treasury to over 50,000 BTC, nearly tripling its holdings in the past year. The company, now the second-largest BTC corporate holder, accomplished this through accelerated mining, producing 7% of all blocks via its Mara.com and Foundry pools. With a mining power of 57+ EH/s, Mara plans to boost its capacity to 75 EH/s by year-end. Despite a recent $2B acquisition plan for BTC, the focus remains on mining operations, with no new coins sold from recent inflows of 950 BTC in May and 761 BTC in June.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>DeFi Development Corp Raises $112.5 Million to Expand Solana Treasury Strategy</h2><a href="https://coin360.com/glossary/decentralised-finance">DeFi</a> Development Corp has raised $112.5 million through an upsized convertible notes offering to enhance its&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a> treasury strategy, allocating $75 million for further&nbsp;<a href="https://coin360.com/coin/solana-sol">SOL</a> token acquisitions. The notes, maturing in 2030 with a 5.5% annual interest rate, give investors a conversion option at $23.11 per share, reflecting a 10% premium. This initiative follows the launch of the REX-Osprey Solana&nbsp;<a href="https://coin360.com/glossary/DeFi-Staking">Staking</a> ETF, fostering optimism in SOL. Additionally, firms like Sol Strategies and Upexi are increasing Solana investments. Despite a 60% drop from its May high, DeFi Development Corp's stock surged 3,500% due to its Solana focus.This article has been refined and enhanced by ChatGPT.

Robot planting coin in Bitcoin treasury spiral trench [Bitcoin]

Robot planting coin in Bitcoin treasury spiral trench [Bitcoin].webp

This Week’s Smart Money Recap: Corporate Bitcoin Treasuries Swell in Q2

<h2>Ric Edelman Raises Crypto Investment Recommendation to 10%-40%</h2>Ric Edelman, a prominent financial advisor and author, has significantly changed his stance on crypto investments, now recommending an allocation of 10% to 40% in digital assets, up from his previous advice of 1%. He emphasizes that&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> and crypto have become mainstream assets, as past uncertainties have been resolved. Edelman argues traditional investment strategies no longer suffice, suggesting that long-term investors, particularly younger clients, should consider higher stock allocations due to increased life expectancy. He highlights Bitcoin's potential for diversification and superior returns compared to stocks, bonds, and other asset classes, marking a bullish outlook on crypto assets.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Circle and Ripple Seek U.S. Banking Licenses to Strengthen Stablecoin Market Position</h2>Circle and&nbsp;<a href="https://coin360.com/coin/xrp-xrp">Ripple</a> are seeking U.S. national&nbsp;<a href="https://coin360.com/news/circle-ripple-bank-license-stablecoin-regulation">banking licenses</a> to enhance their positions in the regulated stablecoin market amid a favorable regulatory environment under the Trump administration. Circle, with its&nbsp;<a href="https://coin360.com/coin/usd-coin-usdc">USDC</a> and a recent IPO that saw shares rise 167%, aims to establish the First National Digital Currency Bank, N.A. Ripple is pursuing similar goals for its RLUSD stablecoin. Both firms’ applications align with a shift towards easing crypto regulations, positioning USDC and RLUSD as potential leaders in transparency and compliance. Analysts suggest Circle could dominate the regulated stablecoin market, with USDC's&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> at $61.5 billion.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Sparkassen to Launch Cryptocurrency Trading Services for Retail Clients by Summer 2026</h2>Germany's largest banking group, Sparkassen, is set to introduce cryptocurrency trading services for retail clients, according to a Bloomberg report on June 30, 2025. This decision marks a significant shift from their previous stance, where they avoided crypto offerings due to concerns about volatility. The new service will allow clients to trade various cryptocurrencies, including Bitcoin and&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a>, and is expected to launch by summer 2026. Dekabank, a Sparkassen subsidiary already engaged in crypto trading, will manage these services. This development follows the implementation of the EU's Markets in Crypto-Assets Regulations, establishing a unified legal framework.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Deutsche Bank to Launch Crypto Custody Service in 2026 with Bitpanda's Support</h2>Deutsche Bank plans to launch a crypto custody service in 2026, collaborating with crypto exchange Bitpanda and digital asset infrastructure provider Taurus. This initiative stems from a growing institutional shift toward digital assets, influenced by clearer EU regulations and a supportive U.S. environment under the Trump administration. Deutsche Bank has been considering digital asset custody since late 2020 and received regulatory approval to operate such a service in 2023. The initiative is part of the bank's broader strategy to enhance fee income and includes potential exploration of&nbsp;<a href="https://coin360.com/glossary/stablecoin">stablecoins</a> and tokenized deposits as it enters the digital asset space.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Wintermute Secures Bitcoin-Backed Credit Line from Cantor Fitzgerald</h2>Wintermute has secured a Bitcoin-backed credit line from Cantor Fitzgerald, enhancing its OTC crypto trading operations amid a cautious revival of institutional crypto lending. This is part of Cantor’s $2 billion Bitcoin Financing Business, which aims to provide secured credit to key digital asset firms. CEO Evgeny Gaevoy emphasized the facility's importance for liquidity and risk management. The broader crypto lending market reached $36.5 billion by late 2024, driven by stricter risk management. This partnership positions Wintermute for growth in the US, boosted by favorable regulations and increased institutional interest in digital assets.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Chainlink Launches Compliance Engine to Unlock $100 Trillion in Institutional Crypto Investments</h2><a href="https://coin360.com/coin/chainlink-link">Chainlink</a> has launched the Automated Compliance Engine (ACE), a compliance framework aimed at unlocking over $100 trillion in institutional crypto investments. Designed for both traditional and decentralized finance, ACE offers a standardized solution that reduces compliance costs, which currently exceed $60 billion in the U.S. and Canada. Built on the Chainlink Runtime Environment, ACE enhances digital asset compliance with features like reusable digital identities and automated policy enforcement. The system aims to streamline onboarding processes and improve risk monitoring, promoting transparency and efficiency in compliance across blockchain ecosystems, thus facilitating significant capital influx into the crypto economy.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Trump Family Earns $620 Million from Crypto Ventures, Boosting Net Worth to $6.4 Billion</h2>In recent months, the Trump family has reportedly generated $620 million from various cryptocurrency ventures, contributing to their total net worth of $6.4 billion, according to Bloomberg. Key earnings include $390 million from World Liberty's token sale and $150 million from the&nbsp;<a href="https://coin360.com/coin/official-trump-trump">Official Trump</a> memecoin launch. The family's activities range from&nbsp;<a href="https://coin360.com/glossary/non-fungible-tokens">NFTs</a> to Bitcoin mining, with a notable 20% stake in the mining firm American Bitcoin. The memecoin, trading at $8.72, achieved a peak market cap of $9 billion after launch but has since decreased to $1.7 billion. Additional projects include the USD1 stablecoin and a crypto&nbsp;<a href="https://coin360.com/glossary/crypto-wallets">wallet</a>.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>KBC Bank to Offer Bitcoin and Ether Investments to Retail Customers via Bolero Platform</h2>KBC Bank, one of Belgium's largest financial institutions, plans to allow retail customers to invest in Bitcoin and&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ether</a> through its Bolero platform, pending regulatory approval later this year. This initiative would position KBC as the first major Belgian bank to offer crypto services to retail investors. The bank aims to provide a secure investment framework focusing on education and compliance. Belgian customers currently rely on foreign exchanges for crypto; KBC's entry comes amid increased crypto adoption by European banks, with others like Deutsche Bank and BBVA planning similar offerings to their clients.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Deutsche Bank-Backed AllUnity Launches Regulated Euro Stablecoin EURAU Under MiCA</h2>AllUnity, a venture backed by Deutsche Bank’s DWS, Galaxy, and&nbsp;<a href="https://coin360.com/coin/flow-flow">Flow</a> Traders, has launched the euro-pegged stablecoin EURAU, compliant with the EU’s MiCA regulations. This fully collateralized stablecoin, supported by transparent reserves, aims to facilitate seamless cross-border transactions in Europe and beyond, appealing to both fintech platforms and traditional financial institutions. The project has received an e-money license from Germany’s BaFin, marking a significant regulatory achievement. EURAU joins other MiCA-compliant stablecoins like Circle’s&nbsp;<a href="https://coin360.com/coin/eurc-eurc">EURC</a> and Société Générale’s EURCV, positioning it as a key player in Europe’s evolving digital payments landscape and next-generation financial infrastructure.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>JD.com and Ant Group Lobby for Yuan-Based Stablecoins to Challenge US Dollar Dominance</h2>JD.com and Ant Group are lobbying the People’s Bank of China to launch yuan-based stablecoins to enhance the yuan's global influence and counter US dollar dominance. They aim for stablecoins backed by offshore yuan to be issued in Hong Kong, with regulatory support reportedly positive. The yuan's global payment share fell to 2.89%, compared to the dollar's 48%. JD.com plans to apply for stablecoin licenses worldwide, aligning with the PBOC's goal to internationalize digital yuan. The stablecoin market is valued over $258 billion, with all top stablecoins currently pegged to the US dollar.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>AMINA Bank Becomes First Global Bank to Trade Ripple's RLUSD Stablecoin</h2>AMINA Bank, a Swiss crypto-focused institution, has become the first globally operating bank to offer trading and custody services for Ripple's stablecoin, RLUSD, which is backed by US Treasuries and regulated by the New York Department of Financial Services. Launched late 2024, RLUSD has a current supply of approximately $430 million in a $250 billion stablecoin market. Ripple has applied for a national banking charter from the OCC and a Federal Reserve master account to enhance regulatory compliance. CEO Brad Garlinghouse emphasized the importance of oversight, while Circle also pursues a banking license amid growing stablecoin competition.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Bahrain Launches Regulatory Framework for Stablecoin Issuance, Strengthening Digital Asset Leadership</h2>Bahrain has launched its first regulatory framework for stablecoin issuance through the Central Bank of Bahrain (CBB), positioning itself as a regional leader in digital asset regulation. Under the new&nbsp;<a href="https://coin360.com/glossary/stablecoin">Stablecoin</a> Issuance and Offering Module, entities must obtain a CBB license, maintain a 1:1 fiat reserve ratio, and comply with annual audits and cybersecurity standards. Issuers must demonstrate a minimum capital of BHD 250,000 and adhere to transparency and risk management protocols. Bahrain's proactive regulatory environment is bolstered by recent moves from BPay Global and the National Bank of Bahrain, enhancing the region's digital finance landscape.This article has been refined and enhanced by ChatGPT.

Robot leaps for stablecoin [stablecoin] across crumbling fiat stone bridge

Robot leaps for stablecoin [stablecoin] across crumbling fiat stone bridge.webp

TradFi-Crypto Ties This Week Recap Big Banks, Billionaires, and Bitcoi

<h2>Bitcoin Faces Fiscal Shock as Lawmakers Push Stablecoin Rules</h2>President Donald Trump has signed his sweeping $3.3 trillion fiscal policy package—nicknamed the “Big Beautiful Bill”—into law, setting off ripples across crypto markets already on edge from mounting inflation fears and regulatory crossfire. The legislation, now fully enacted ahead of the July 4 holiday, is expected to push the U.S. national debt well past the $3 trillion mark, intensifying concerns over dollar debasement and fueling bullish momentum for&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a>. With no concrete path to spending cuts and rising fiscal deficits, the bill is being interpreted by analysts as a catalyst for renewed institutional interest in crypto assets, particularly those with hard-capped supplies.Bitwise CIO Matt Hougan&nbsp;<a href="https://coin360.com/news/trump-bill-fed-powell-crypto-stablecoin-impact">emphasized</a> the macro significance, stating this marks a shift toward “debasement by design.” He warned that Washington has effectively cornered itself into inflating away its debt—a process he believes strengthens the case for assets like Bitcoin, gold, and real estate. Citing analysts like Lynn Alden and Ray Dalio, Hougan argued that while the dollar may appear relatively strong against the euro and yen, its real weakness is exposed when measured against finite real-world stores of value. With Bitcoin's fixed 21 million supply and growing role as an inflation hedge, institutional allocation trends appear poised to accelerate.Bitcoin’s reaction has been mixed. On July 2, the asset slipped 1.3% to $105,859 amid short-term jitters over Fed policy uncertainty. Federal Reserve Chair Jerome Powell, speaking at a European Central Bank event, attributed his delayed interest rate decisions to Trump’s tariffs and deficit-driven fiscal stance. He underscored a “wait and see” approach, brushing off Trump’s public rebukes—including the former president branding him a “stubborn mule”—and added that inflationary pressures continue to complicate the path forward. Powell also voiced cautious support for regulating&nbsp;<a href="https://coin360.com/glossary/stablecoin">stablecoins</a> under a unified federal-state framework, acknowledging their likely permanence in financial markets.Meanwhile, regulatory battles have intensified around the GENIUS Act, which seeks to establish the first federal stablecoin framework. The bill, already passed by the Senate in a 68–30 vote, mandates 1:1 backing for stablecoins with U.S. dollars or equivalent liquid assets, along with monthly reserve disclosures and consumer protection rules in bankruptcy scenarios. Trump has urged immediate House passage via a Truth Social post: “Get it to my desk, ASAP—NO DELAYS, NO ADD ONS.” The urgency reflects a broader GOP push to finalize multiple crypto-focused bills during a dedicated “Crypto Week” set for July 14–18, which also includes the CLARITY Act and a bill to ban a Federal Reserve-issued CBDC.Not everyone is on board. New York Attorney General Letitia James has blasted the GENIUS Act as a threat to financial stability and national security, warning that it fails to hold stablecoin issuers to the same standards as traditional banks. In a letter to Congress, James called for FDIC-level protections, stronger anti-fraud measures, and mandatory digital&nbsp;<a href="https://coin360.com/coin/space-id-id">ID</a> verification. She also criticized the CLARITY Act, which aims to provide clearer regulatory treatment for digital assets, accusing it of shielding bad actors and weakening investor safeguards. Her opposition underscores the growing rift between federal ambitions and state-level resistance.Despite aggressive lobbying, the final version of the bill notably excluded tax benefits long sought by crypto advocates—including deductions for staking and favorable treatment for crypto-holding businesses. The decision reveals an underlying tension between the bill’s pro-growth narrative and its cautious treatment of digital assets within the broader fiscal framework. As monetary policy remains tight, regulatory infighting escalates, and the dollar faces structural headwinds, digital assets appear to be navigating an increasingly volatile but defining moment. For Bitcoin and the broader crypto market, the intersection of fiscal stimulus, dollar pressure, and divided oversight may shape price behavior well into 2026.This article has been refined and enhanced by ChatGPT.

Robot splits Capitol dome as Bitcoin rises — [Crypto Week]

Robot splits Capitol dome as Bitcoin rises — [Crypto Week].webp

Trump Signs ‘Big, Beautiful Bill’ as ‘Crypto Week’ Looms, Reshaping Bitcoin and Stablecoin Landscape

<h2>Stablecoin Giants Eye Federal Oversight as Regulatory Climate Shifts</h2>Circle and&nbsp;<a href="https://coin360.com/coin/xrp-xrp">Ripple</a> have filed applications for U.S. national banking licenses in a strategic push to tighten their grip on the regulated stablecoin market amid a friendlier regulatory posture under the Trump administration. The moves follow Circle’s high-profile IPO earlier this month and signal a notable shift as major crypto firms increasingly seek closer alignment with traditional banking rules and infrastructure.Circle Internet Group, issuer of&nbsp;<a href="https://coin360.com/coin/usd-coin-usdc">USDC</a> and now trading under the ticker CRCL,&nbsp;<a href="https://www.reuters.com/sustainability/boards-policy-regulation/circle-applies-us-trust-bank-license-after-bumper-ipo-2025-06-30/">confirmed</a> it has applied for a national bank charter through the U.S. Office of the Comptroller of the Currency (OCC). The license, if granted, would allow the company to act as a custodian for its own USDC reserves and hold crypto on behalf of institutional clients.&nbsp;However, it does not permit the firm to accept cash deposits or issue loans like a traditional bank. According to the company’s filing, the newly licensed entity would be named First National Digital Currency Bank, N.A. The move comes on the heels of Circle's IPO on June 5, which saw its shares soar 167% on the first trading day after pricing at $31—well above the indicated range. The offering was 25 times oversubscribed. Circle’s stock has since closed at $181.29, pushing its&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market capitalization</a> beyond $40 billion. USDC itself currently holds a&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> of $61.5 billion, positioning it as a major player in the stablecoin space.Ripple has followed suit with its own&nbsp;<a href="https://www.wsj.com/finance/regulation/ripple-seeks-a-u-s-banking-license-adding-to-list-of-crypto-companies-e007afa4?gaa_at=eafs&amp;gaa_n=ASWzDAg_OpJZouMNqCIPmr-OlbXQzQPDerauMrA2c179h9D_67m_DL-K32w0Xjm78DE%3D&amp;gaa_ts=68656507&amp;gaa_sig=qShf0SmDlitXLagER7sL2mxnCdooueDZnjq8OiwZsDGcu5Lee8pTfhR6oL-nq6dqib9zHrgDZYV-55Nz64eyRg%3D%3D">OCC application</a>, aiming to place its recently launched stablecoin RLUSD under federal supervision. Ripple CEO Brad Garlinghouse announced the application publicly, framing it as part of the firm’s long-standing commitment to compliance. If approved, Ripple would operate under both federal regulation and oversight from the New York Department of Financial Services (NYDFS), creating what Garlinghouse called a “unique benchmark” in stablecoin transparency. Ripple’s custody subsidiary, Standard Custody &amp; Trust Company, has also submitted an application for a Federal Reserve master account, which would allow the firm to hold RLUSD reserves directly with the U.S. central bank.These applications land as U.S. regulators, including the OCC, begin easing restrictions on crypto-related services for national banks. Earlier policy shifts have opened the door for federally chartered institutions to buy and sell digital assets on behalf of clients, creating new incentives for crypto-native firms to enter the regulated banking sphere.&nbsp;Analysts at Bernstein recently projected that Circle's USDC could emerge as the dominant regulated stablecoin under the GENIUS Act, arguing that the firm’s positioning grants it a “regulatory headstart” over peers. As Circle and Ripple await decisions on their applications, the outcome may serve as a bellwether for how integrated crypto-financial services will become within the U.S. banking system.This article has been refined and enhanced by ChatGPT.

Robot placing stablecoin in vault on pastel [custody] network

Robot placing stablecoin in vault on pastel [custody] network.webp

Circle and Ripple Pursue U.S. Bank Charters to Cement Stablecoin Legitimacy

<h2>Key Industry Leaders Join Hilbert’s Push to Scale Bitcoin-Based Tokenization</h2>Hilbert Group AB (Nasdaq: HILB B) has unveiled a new&nbsp;<a href="https://hilbert.group/en/correction-hilbert-group-taps-four-leading-blockchain-figures-to-syntetika-advisory-board/">strategic advisory board</a> for&nbsp;<a href="https://syntetika.io/">Syntetika</a>, its institutional-grade tokenization platform, signaling a deeper push into compliant digital asset infrastructure. The company aims to leverage the advisory group’s combined expertise in&nbsp;<a href="https://coin360.com/glossary/decentralised-finance">DeFi</a>,&nbsp;<a href="https://coin360.com/glossary/web3-companies-projects">Web3</a> scaling, and institutional finance to enhance the platform’s regulatory rigor and scalability. Syntetika will begin by tokenizing Hilbert Capital’s&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a>-denominated funds and tapping into over $10 billion in&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a> flows currently active in DeFi protocols.<h3>1. Max Rabinovitch</h3>Max Rabinovitch, Chief Strategy Officer of&nbsp;<a href="https://coin360.com/coin/chiliz-chz">Chiliz</a> and Socios, brings his experience building the world’s largest fan token ecosystem. Under his guidance, Chiliz and Socios.com have enabled tokenized engagement for more than 70 global sports franchises, including FC Barcelona and Manchester City. Rabinovitch praised Hilbert’s focus on security and compliance, calling Syntetika “a perfect example” of institutional innovation done right.<h3>2. John Lilic</h3>Joining him is John Lilic, an early contributor to&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a> via ConsenSys and a key advisor to&nbsp;<a href="https://coin360.com/coin/polygon-ecosystem-token-pol">Polygon</a>. Lilic has also seeded major DeFi ventures such as Morpho Labs and incubated Nordark, a crypto-native banking infrastructure platform that Hilbert has the option to fully acquire. He highlighted Syntetika’s “discipline and vision,” positioning the platform as a standout in regulatory-first infrastructure for tokenized finance.<h3>3. Vladimir Maslyakov</h3>Another new advisor, Vladimir Maslyakov, is the co-founder and CTO of Blum, a Telegram-integrated hybrid crypto exchange that has rapidly grown to nearly 100 million users. Maslyakov emphasized Syntetika’s product roadmap and solid foundations as key factors behind his support for the project.<h3>4. Chirdeep Chhabra</h3>Chirdeep Chhabra, the final addition to the board, previously led tokenization efforts at Citigroup and co-founded Ocean Protocol, which recently joined forces with Fetch.ai and&nbsp;<a href="https://coin360.com/coin/singularitynet-agix">SingularityNET</a> to create the&nbsp;<a href="https://coin360.com/coin/fetch-ai-fet">Artificial Superintelligence Alliance</a> (ASI). Chhabra described Syntetika as the backbone for compliant structured products in DeFi, underscoring its long-term relevance to institutional-grade tokenization.Hilbert Group CEO Barnali Biswal said the board’s collective experience—from scaling platforms with massive user bases to building compliant token ecosystems—will be vital to Syntetika’s continued development. The platform also integrates Galactica’s zero-knowledge KYC (zkKYC) technology to meet enterprise-level compliance requirements while maintaining user privacy.Syntetika forms part of Hilbert Group’s broader effort to align algorithmic trading strategies, regulatory standards, and DeFi infrastructure. As the firm continues to expand its digital asset footprint, the new advisory board marks a decisive step in positioning Syntetika as a go-to platform for institutional investors navigating the tokenized economy.Syntetika is also launching a&nbsp;<a href="https://coin360.com/glossary/whitelist">Whitelist</a> Campaign, opening sign-ups for early access to its dashboard and future Syntetika Playground quests. Interested participants can join&nbsp;<a href="https://syntetika.io/#whitelist">here</a>.This article has been refined and enhanced by ChatGPT.

Tokenized Bitcoin flows into Syntetika’s DeFi vault path.

Tokenized Bitcoin flows into Syntetika’s DeFi vault path..jpg

Hilbert Group Forms Strategic Advisory Board to Advance Syntetika’s Institutional DeFi Platform

<h2>Institutional Push Drives Hilbert Group Stock to New Highs</h2>Hilbert Group AB (NASDAQ: HILB B), majority owner of the crypto data platform COIN360, has announced a sweeping&nbsp;<a href="https://hilbert.group/en/hilbert-group-launches-strategic-crypto-treasury-program/">crypto treasury program</a> that places&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> at the center of its reserves. The board of directors unanimously backed the new strategy, aiming to leverage rising institutional demand for digital assets while taking advantage of a noticeable lack of European public companies holding Bitcoin on their balance sheets.Shares of Hilbert Group surged 13.22% in a single day after the news broke, reflecting strong investor enthusiasm for the company’s latest strategic pivot. Over six months, Hilbert Group has posted a 165.50% rise, and year-to-date, the share price has climbed a remarkable 168.63%.<figure class="image"><img alt="Screenshot_2.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/Screenshot_2_211173c900.png"><figcaption>HILB B’s chart. Source: TradingView</figcaption></figure>The newly formed Treasury Committee, chaired by CIO Russell Thompson, will oversee the program. Hilbert is actively reviewing a range of competitive financing proposals from institutional partners. These deals, which provide considerable flexibility in both timing and scale, are designed to maximize liquidity while allowing for strategic market entries. Each tranche of investment will be disclosed as executed.Executives say the program isn’t just a passive Bitcoin allocation. Instead, Hilbert is building a transparent, actively managed reserve using its proprietary AI and quantitative models, with a real-time dashboard to give stakeholders visibility into holdings.&nbsp;CEO Barnali Biswal described the approach as a bridge between traditional equity investing and the digital asset economy, offering a regulated on-ramp for institutions seeking crypto exposure. CIO Russell Thompson added that the initiative is expected to generate significant alpha for both shareholders and the broader stakeholder community, underlining his optimism about Hilbert’s position as an active leader in the digital asset sector.Hilbert Group’s move sets a new standard for European crypto treasury management, signaling a shift that could prompt more public companies to integrate digital assets into their capital strategies.&nbsp;<a href="https://www.bloomberg.com/news/articles/2025-07-03/the-great-bitcoin-power-shift-has-whales-dumping-500-000-coins">Bloomberg</a> has reported that institutional investors—including ETFs, corporate treasuries, and asset managers—have acquired approximately 900,000&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a> over the past year, reflecting the depth of institutional involvement in the market.This article has been refined and enhanced by ChatGPT.

Empty circle climbs Bitcoin staircase, green pastel, momentum

Empty circle climbs Bitcoin staircase, green pastel, momentum.jpg

Hilbert Group Unveils Bitcoin Treasury Strategy Amid Surging Stock Performance

<h2>Walled Garden Tokenization, Perpetual Crypto Futures, and Industry Pushback Define New Chapter</h2>Robinhood has triggered a fresh wave of competition across both crypto and traditional finance by&nbsp;<a href="https://www.cnbc.com/2025/06/30/robinhood-stock-openai-spacex-tokens.html">launching</a> over 200 tokenized U.S. equities for European customers, marking a decisive move to redefine how users interact with stocks, ETFs, and the broader crypto price index.&nbsp;Rolling out these assets on&nbsp;<a href="https://coin360.com/coin/arbitrum-arb">Arbitrum</a>’s blockchain at the end of June 2025, Robinhood brought major names like Tesla, Apple, Nvidia, and Microsoft directly into its app—offering real dividend payouts and a familiar trading experience. The tokenized stock contracts cost Robinhood&nbsp;<a href="https://dune.com/queries/5373012">only $5</a> in total deployment fees, averaging just three cents per contract according to Arbscan data, which industry analysts view as a powerful demonstration of&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a> Layer-2 cost efficiency.<figure class="image"><img alt="Screenshot_11.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/Screenshot_11_89a26c2311.png"></figure>Yet Robinhood’s technical approach stands apart from the open ethos that usually characterizes&nbsp;<a href="https://coin360.com/glossary/decentralised-finance">DeFi</a>. Each token transfer is restricted to an allow-list of approved wallets, preventing users from moving their tokenized stocks into external self-custody solutions such as&nbsp;<a href="https://coin360.com/review/metamask">MetaMask</a>. This “walled garden” setup means Robinhood retains full control and ensures compliance but limits broader composability.&nbsp;As Electric Capital researcher Ren pointed out, “CeFi with distribution just outcompetes existing DeFi protocols” under this model. Despite similarities to tokenized equity services from&nbsp;<a href="https://coin360.com/review/bybit">Bybit</a>,&nbsp;<a href="https://coin360.com/exchange/kraken">Kraken</a>, and the Backed Finance xStocks program, Robinhood’s expansion is available strictly to non-U.S. residents—primarily in Europe—due to ongoing regulatory uncertainties in the United States. Dinari, another platform, recently claimed the first U.S. approval for tokenized shares and partnered with&nbsp;<a href="https://coin360.com/exchange/table">Gemini</a> to extend similar offerings, reflecting the rapid evolution of this sector.The company’s ambitions reach well beyond tokenized stocks. Robinhood is developing its own Layer-2 blockchain, built on Arbitrum technology and engineered for “military-grade security” and mainstream adoption of real-world asset (RWA) tokenization. CEO Vlad Tenev emphasized that instant settlement and advanced scalability are top priorities, aiming to bring the speed, efficiency, and transparency of blockchain to traditional finance products. The new chain is expected to&nbsp;<a href="https://coin360.com/glossary/address">address</a> legacy settlement delays and high costs, making on-chain finance practical for global retail and institutional users.&nbsp;At the same time, Robinhood has rolled out&nbsp;<a href="https://coin360.com/glossary/understanding-crypto-perpetual-futures">perpetual</a> crypto&nbsp;<a href="https://coin360.com/glossary/futures-contracts">futures</a> with up to 3x leverage for eligible European customers, and expanded staking options for Ethereum and&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a> across the U.S., EU, and EEA, providing more ways for users to participate in the coin&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> ecosystem.These developments have resonated with investors: Robinhood’s stock surged more than 8%, hitting an all-time high of $90.49 following the announcement of its multi-faceted expansion. The company’s crypto price index and trading platform continue to gain ground in the EU, where a collaborative regulatory environment has allowed rapid rollout. CEO Tenev credited “regulators and policymakers” in Europe for enabling this new era, contrasting sharply with the risk-averse climate prevailing in the U.S.Controversy also accompanied Robinhood’s push into tokenized equities. OpenAI issued a&nbsp;<a href="https://x.com/OpenAINewsroom/status/1940502391037874606">public warning</a> on July 3, 2025, after discovering that Robinhood was offering tokenized shares representing OpenAI’s private equity without authorization. The AI giant labeled the tokens “unauthorized and misleading,” making clear that it had not endorsed any such products and cautioning investors to be vigilant. This dispute highlights the complexities of intellectual property, brand use, and investor protection as crypto price index products increasingly blur the line between public and private assets on-chain.<figure class="image"><img alt="Screenshot_12.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/Screenshot_12_b21acda77c.png"></figure>In response to discussions surrounding OpenAI and SpaceX tokenization, Robinhood's CEO emphasized the importance of accessibility and innovation in the financial market. He highlighted that tokenization could democratize investment opportunities, allowing more individuals to participate in high-value assets. The CEO pointed out that Robinhood aims to leverage technology to improve user experience while ensuring compliance with regulatory standards. He also noted the growing interest in blockchain technologies and their potential to transform traditional finance.Robinhood’s aggressive expansion comes amid intense competition from exchanges like Kraken, Bybit, and Gemini, all seeking to attract users through similar tokenized equity products outside the U.S. The company’s $200 million acquisition of&nbsp;<a href="https://coin360.com/exchange/bitstamp">Bitstamp</a> last year bolstered its regulatory position, arming it with more than 50 global licenses and paving the way for future growth in the coin market cap sector.Industry reaction remains split. Some observers applaud Robinhood’s efficiency, compliance, and ability to drive mass adoption with its new crypto price offerings and all-in-one app, while others warn that the company’s closed ecosystem model risks undermining decentralization and self-custody—principles that have long defined the crypto sector.&nbsp;What is clear is that the period between June 30 and July 3, 2025, marks a critical inflection point: Robinhood is betting on an interconnected future where crypto price, coin market cap, and traditional equity assets converge on scalable, secure blockchains, with Europe emerging as the proving ground for this next phase of financial innovation.This article has been refined and enhanced by ChatGPT.

Robot trading tokenized stocks on floating coin market cap device

Robot trading tokenized stocks on floating coin market cap device.webp

Robinhood Announces Tokenized Equities and New Layer-2 Ambitions

<h2>Fiscal Expansion, Dollar Pressure, and Regulatory Conflicts Shape Bitcoin and Stablecoin Outlook</h2>Donald Trump’s $3.3 trillion fiscal package, dubbed the “Big Beautiful Bill,” has passed the U.S. Senate and is awaiting a final House vote, marking a pivotal moment for markets grappling with inflationary fears and swelling debt. The bill, projected to increase the national debt by over $3 trillion, has intensified concerns around fiat currency debasement and set off a fresh wave of pro-<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> sentiment among leading investors and analysts.&nbsp;Matt Hougan, Chief Investment Officer at Bitwise Asset Management, said the bill&nbsp;<a href="https://www.thestreet.com/crypto/markets/trumps-new-bill-means-buy-bitcoin-now-says-bitwise-cio-">signals</a> a clear call to “buy Bitcoin now,” citing the federal government’s inability to rein in deficits as a growing risk. He noted that policymakers have shown no viable route to spending cuts, reinforcing the appeal of non-fiat assets like Bitcoin. Drawing from macro strategist Lynn Alden and echoing Ray Dalio’s long-held views, Hougan warned that “the easiest thing for politicians to do is to debase their currency to inflate away their debt.”Bitcoin, designed with a fixed 21 million coin supply, has once again emerged as a hedge against the erosion of purchasing power. Hougan emphasized that the dollar’s relative strength against other fiat currencies like the euro and yen conceals its broader weakness when measured against real assets such as Bitcoin, gold, and real estate. Foreign exchange markets tend to move in decade-long cycles, and he believes the U.S. is now entering an extended phase of dollar devaluation.&nbsp;Though another sharp annual decline in the dollar is unlikely, Hougan made clear that “the general direction is down,” underscoring why long-term investors are increasingly favoring crypto assets over traditional ones. From a short-term macro view, he conceded that government spending might bolster GDP temporarily, but warned that sustained deficit expansion justifies exposure to decentralized assets not tied to fiat. These dynamics have contributed to a stronger&nbsp;<a href="https://coin360.com/">crypto price</a> index, despite volatility in broader markets.Meanwhile, Fed Chair Jerome Powell offered&nbsp;<a href="https://decrypt.co/328069/fed-chair-powell-says-trump-policies-blame-lack-rate-cuts">sharp criticism</a> of Trump’s fiscal and trade strategies during a European Central Bank forum, pointing to the administration’s tariff unpredictability as a primary reason for delaying interest rate cuts in 2025. Powell confirmed he would have considered easing policy earlier if not for the inflationary risks stemming from Trump’s economic agenda. His cautious stance has had a direct impact on Bitcoin price movements, with the coin&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> seeing minor pullbacks.&nbsp;On July 2, Bitcoin dipped 1.3% to $105,859, reflecting investor hesitation in the face of uncertain Fed direction. Powell dismissed Trump’s ongoing public pressure—Trump recently called Powell a “stubborn mule”—and reiterated that the Federal Reserve is committed to a “wait and see” approach. He also weighed in on crypto regulation, signaling tentative support for&nbsp;<a href="https://coin360.com/glossary/stablecoin">stablecoins</a> under a consistent state and federal framework, calling it necessary “if we’re going to have stablecoins, and apparently we are.”As Congress prepares for a vote on the GENIUS Act and the Digital Asset Market CLARITY Act the week of July 7, political tensions are heating up. The GENIUS Act, which passed the Senate with a 68-30 vote, proposes the first national framework for stablecoins—requiring 1:1 backing with U.S. dollars or equivalent liquid assets, monthly reserve disclosures, and bankruptcy consumer protections.&nbsp;But New York Attorney General Letitia James has voiced strong opposition, calling the legislation “a danger to investors, the economy, and national security.” In a formal letter to Congress, James argued that the bill under-regulates stablecoin issuers compared to traditional banks and lacks essential oversight mechanisms. She called for stablecoin firms to be treated like banks—with FDIC-backed insurance, stronger fraud safeguards, and mandatory digital&nbsp;<a href="https://coin360.com/coin/space-id-id">ID</a> verification to prevent illicit use. James also criticized offshore stablecoin operations and warned that stablecoins could erode the viability of community banks in underserved regions.Trump, however, remains a vocal supporter of the GENIUS Act, demanding swift passage on Truth Social with a message reading: “Get it to my desk, ASAP—NO DELAYS, NO ADD ONS.” Despite bipartisan Senate support, the bill’s reception in the House may be shaped by these regulatory concerns, as well as competing visions for digital asset governance. James also slammed the CLARITY Act for allegedly protecting bad actors and giving too much leeway to crypto firms while neglecting consumer protection. Her prior positions have included banning crypto in retirement accounts and restricting offshore stablecoin issuers—adding to the mounting legal and political pressure facing the digital asset industry.&nbsp;At the same time, the final Senate version of Trump’s fiscal package excluded key crypto tax incentives such as staking deductions and better treatment for crypto-holding businesses, despite strong lobbying efforts. With crypto policy sitting at the intersection of fiscal expansion, regulatory divergence, and monetary restraint, the coin market cap and broader crypto price index now stand at a crossroads shaped by unprecedented policy shifts.This article has been refined and enhanced by ChatGPT.

Robot tiptoes over dollar rope amid [crypto price index] turmoil

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