Institutions take the wheel in 2025: HSBC and BNP join Canton, billion-dollar crypto treasuries emerge, Gemini eyes IPO and tokenized gold enters IRAs.
Sam Bourgi
Sam Bourgi is a senior news writer and editor at Cointelegraph, where he covers Bitcoin and the broader digital asset economy. With a background in economics and public policy, he analyzes the intersection of cryptocurrency and traditional finance. He authors the Crypto Biz newsletter, which explores blockchain business and venture capital. Sam has spoken at major tech conferences, including Web Summit, Collision, Blockchain Futurist and Proof of Work. Before joining Cointelegraph, he worked at think tanks, boutique research firms, and other crypto media outlets. He studied economics and public policy and holds a Master’s degree from McMaster University. Sam holds Bitcoin and USDC above Cointelegraph’s disclosure threshold of $1,000.
- Newsletter
Crypto Biz: From memes to mandates, institutions recast crypto in 2025 - News
Polymarket eyes $10B valuation as prediction market preps US comeback: Report Polymarket prepares US return with CFTC relief, new funding and a valuation that could soar to $10B as prediction markets gain momentum.
- News
Gemini (GEMI) stock soars in Nasdaq debut amid crypto IPO boom Gemini’s $425 million Nasdaq debut marks the latest in a wave of blockbuster crypto IPOs, as investor demand surges for digital asset equities.
- News
BlackRock weighs ETF tokenization as JPMorgan flags industry shift: Report BlackRock is reportedly exploring tokenized ETFs after Bitcoin fund success, as Wall Street giants tout tokenization as a game-changer for finance.
- News
‘Ethena has 6x upside to Circle’: Mega Matrix doubles down on ENA ecosystem Mega Matrix is betting big on Ethena, positioning itself as the first public proxy for the ecosystem as stablecoin regulation heats up.
- News
REX-Osprey crypto ETFs to launch Friday barring SEC objection — Bloomberg analyst REX and Osprey clear the SEC’s 75-day window with multiple crypto ETFs poised to debut, even as regulators push back decisions on rival Ether, Solana and XRP products.
- News
Faced with plunging stock, Metaplanet announces 385M share offering to buy BTC Metaplanet plans to raise $1.44 billion through a discounted 385 million share sale to boost Bitcoin holdings, but dilution risk weighs on investors as stock slides.
- News
First US DOGE ETF to begin trading on Thursday — Bloomberg analyst The era of memecoin exchange-traded funds has begun in the United States, according to Bloomberg’s Eric Balchunas.
- News
HSBC, BNP Paribas back Canton Foundation in institutional tokenization push BNP Paribas and HSBC are the latest institutions to join the Canton Foundation, signaling growing institutional adoption of real-world asset tokenization.
- Newsletter
Crypto Biz: Is bullion the true ‘digital gold’? Gold hits record highs above $3,600 as tokenization brings the metal onchain, raising the question: Is gold the true digital gold?
- News
Justin Sun’s WLFI wallet blacklisted after $9M token transfer Justin Sun’s WLFI token address was blacklisted after a $9 million transfer on Thursday, raising concerns over trading restrictions as prices tumble.
- News
VC Roundup: VCs fuel energy tokenization, AI datachains, programmable credit Tokenization surges as VCs back startups bringing energy assets onchain, establishing new credit markets and expanding stablecoin infrastructure.
- News
Mega Matrix files $2B shelf to build Ethena stablecoin governance treasury The small-cap holding company is betting on Ethena’s ENA governance token, aiming to capture yield from synthetic stablecoin USDe.
- News
Galaxy Digital stock goes onchain with Solana tokenization Galaxy becomes the first Nasdaq-listed company to tokenize its shares on Solana, highlighting how equity markets are starting to move onchain.
- News
Anthropic valuation triples to $183B as Claude AI gains traction in crypto and beyond Backed by Wall Street heavyweights, Anthropic’s soaring valuation comes after it closed a $13 billion Series F, reflecting the mainstreaming of AI.
- News
Figure Technology seeks $4B valuation in public listing as crypto IPO wave builds Figure eyes a $526 million IPO, joining Circle, Bullish and Gemini in the growing wave of blockchain companies going public.
- News
Tokenized gold enters US IRAs in $1.6B SmartGold–Chintai rollout The partnership allows US investors to hold vaulted gold in self-directed IRAs, providing exposure to regulated DeFi strategies.
- News
What’s the real WLFI? How to avoid the scammers The World Liberty Financial token, WLFI, began trading on several crypto exchanges on Monday. Here’s how traders can avoid scams.
- News
Gryphon approves merger with American Bitcoin, Nasdaq ticker ABTC Gryphon Digital Mining shareholders approve the merger with Trump family-linked American Bitcoin, paving the way for Nasdaq debut under ticker ABTC.
- Newsletter
Crypto Biz: Japan’s quiet stablecoin coup Japan readies its first yen-backed stablecoin, signaling a shift from regulatory caution to active participation in digital finance.
- News
Faced with application influx, Ethereum Foundation pauses open grant submissions After awarding millions of dollars, the Ethereum Foundation is overhauling its Ecosystem Support Program, shifting from open applications to a curated model.
- News
Former Coinbase, Jump, Citadel quants land $20M for onchain HFT platform Web3 startup aPriori has raised a total of $30 million to expand its onchain trading platform as institutional DeFi demand grows.
- News
PYTH goes parabolic as Trump admin taps blockchain oracles for data verification PYTH surges 70% after the US government tapped Pyth Network and Chainlink to help publish official economic data on multiple blockchains.
- News
Tron’s fee-cut proposal nears approval as vote gains momentum A plan to halve Tron’s energy costs is winning strong support ahead of Friday’s deadline, with backers betting lower fees will expand adoption.
- News
Ledn, Sygnum refinance $50M Bitcoin loan amid investor scramble for yield The twice-oversubscribed facility underscores rising institutional demand for Bitcoin-backed credit and inflation-resistant yield products.
- News
Binance stablecoin inflows top $1.6B, signaling traders positioning for rebound Massive stablecoin deposits highlight shifting capital flows on Binance, even as Bitcoin whipsawed below $110,000 amid whale-driven selling and heavy liquidations.
- News
JPMorgan backs hedge fund Numerai with $500M, fueling crypto-AI convergence Numerai, the Paul Tudor Jones–backed hedge fund powered by crowdsourced AI models, has secured a $500 million commitment from JPMorgan.
- News
Japan wrote the first stablecoin rulebook — so why is the US pulling ahead? “Japan prizes systemic stability above innovation speed, while the US is signaling a bigger market-opening play,” said Startale Group’s Takashi Tezuka.
- News
Stock exchanges push back on tokenized stocks in SEC letter: Report The World Federation of Exchanges urged US and EU regulators to tighten oversight of tokenized equities, warning of investor risks as Wall Street giants eye the growing market.
- News
After $400M splurge, ETH treasurer eyes stock buyback amid leverage concerns ETHZilla’s $250 million buyback highlights how companies are tapping crypto gains for liquidity — but analysts warn that leverage risks could turn treasuries into ticking time bombs.