Circle stock surges despite a Wall Street and crypto selloff as stablecoins expand into finance. Canaan adds BTC while Wells Fargo eyes crypto services.
Sam Bourgi
Sam Bourgi is a staff writer and editor at Cointelegraph. He covers Bitcoin and the broader digital asset economy, focusing on the intersection of cryptocurrency, business, and traditional finance. He is the author of Cointelegraph’s Crypto Biz newsletter, which examines blockchain-related companies and venture capital activity. Bourgi holds a master’s degree in economics and public policy from McMaster University and has previously worked at research organizations and other crypto-focused media outlets.
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Crypto Biz: Circle stock defies Wall Street and digital asset selloff - News
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SEC’s ‘Crypto Mom’ calls for simpler disclosure rules, flags tokenization debate SEC Commissioner Hester Peirce urged regulators to simplify corporate disclosure rules and allow experimentation with tokenized securities via a potential innovation exemption.
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Crypto accounting startup Cryptio lands $45M as institutions move onchain A surge in tokenized finance is driving demand for systems that reconcile blockchain transactions for audits and reporting, pushing digital asset accounting into focus.
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Basic adds VanEck crypto ETFs to 401(k) plans amid US retirement shift VanEck products will be available through fintech 401(k) provider Basic Capital, offering retirement savers potential exposure to digital assets through exchange-traded funds.
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Circle shares surge as Bernstein sees upside from stablecoin adoption Shares of the stablecoin issuer have seemingly decoupled from the broader crypto market, gaining 49% this year and doubling since early February.
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Crypto hacks fall to $49M in February as attackers shift to phishing scams Crypto theft slowed sharply last month after a spike in January, but security companies warn that scammers are increasingly exploiting wallet permissions and social engineering tactics.
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Canaan stacks Bitcoin, bucking rival miners’ rush to sell Bitcoin miner Canaan boosted its BTC and ETH reserves to record levels in February, expanding its Texas operations even as many public mining firms reduce holdings.
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Babylon-Ledger tie-up expands access to Bitcoin Vaults for collateral use The integration allows Ledger devices to sign BTCVault transactions as Babylon develops infrastructure to use Bitcoin as collateral.
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Aon tests stablecoin payments for insurance premiums with Paxos, Coinbase The insurance broker is piloting stablecoin payments for premiums using USDC and PYUSD, testing blockchain settlement rails for faster payments in global insurance markets.
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EU’s regulated blockchain securities market adds first bank participant Swiss crypto bank Amina has joined 21X as a regulated banking participant, linking traditional financial institutions with a blockchain-based market for issuing tokenized securities.
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Crypto Biz: Kraken plugs into the Fed Kraken secures Fed payment access, MARA clarifies its Bitcoin treasury plans, Fold cuts $66M in debt, and analysts say NYSE tokenization could attract institutions.
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Bitcoin miners offload 15K BTC since October, with more sales expected Public miners are trimming Bitcoin reserves as tightening margins, debt pressure and a post-crash reset force the industry to rethink its once-popular hold strategy.
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SoFi taps BitGo to provide infrastructure for bank-issued stablecoin BitGo will support the rollout of US dollar-pegged stablecoin SoFiUSD, as US fintechs and banks expand digital dollar infrastructure following new federal legislation.
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Canada's Scotiabank launches multi-crypto ETF with 3iQ The bank's asset manager and 3iQ debut an actively managed crypto ETF to Canadian investors, offering exposure to Bitcoin, Ether, Solana and XRP at a competitive 0.25% fee.
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MARA exec pushes back on Bitcoin treasury sell-off narrative MARA has "fact checked" claims it adopted a Bitcoin sell-off strategy, clarifying its filing allows flexible sales but does not signal a majority liquidation.
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Ripple expands stablecoin payments stack for banks, fintechs The upgrade integrates custody, treasury automation and settlement tools as Ripple pushes deeper into institutional cross-border payments.
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American Bitcoin boosts hashrate with 11,298 new mining machines The Eric Trump-led company adds 3 EH/s in new capacity, expanding its Alberta mining fleet as it deepens exposure to BTC amid volatile market conditions.
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TD Securities sees NYSE tokenization as institutional turning point TD Securities' Reid Noch sees the exchange's tokenized-equities plan as a “market structure” moment, a sign that Wall Street is taking tokenization seriously.
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Bitcoin company Fold pays off $66M debt, frees up BTC collateral The Bitcoin financial services company retired $66.3 million in convertible debt, reducing dilution risk as it expands its BTC rewards business.
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ProCap boosts Bitcoin holdings to 5,457 BTC, aims to narrow NAV discount The Bitcoin treasury firm repurchased 782,000 shares below net asset value per share while increasing its Bitcoin holdings.
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Crypto Biz: A Bitcoin treasury shareholder revolt Bitcoin treasury companies face investor backlash as stablecoin issuers post strong earnings and legacy payment giants navigate mounting pressure.
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Barclays probes blockchain for banking functions like payments, deposits: Report The UK lender is reportedly seeking a technology partner to support blockchain-based payments and deposits as stablecoin adoption accelerates across finance and Big Tech.
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Bloomberg, Kaiko bring licensed financial data onchain for tokenized markets Bloomberg and Kaiko aim to embed licensed financial data directly on blockchain networks, targeting institutional tokenized Treasurys and repo markets.
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High-yield bond surge signals rising risk, demand in BTC mining, AI infrastructure AI and crypto-linked issuers are paying up to 9% for debt as lenders demand higher returns than traditional utilities.
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OKX integrates Chainalysis Alterya for pre-withdrawal scam screening Cryptocurrency exchanges are moving to block scam-linked transfers before funds leave their platforms as fraud losses continue to climb.
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Circle beats Q4 earnings estimates as USDC supply jumps 72%, shares surge 20% The stablecoin issuer reported $770 million in revenue for the final 2025 quarter, beating forecasts as full-year sales rose 64% and USDC circulation topped $75 billion.
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Empery Digital shareholder demands sale of 4,000-plus BTC treasury, resignations A 9.8% shareholder has doubled down on calls for Empery Digital to sell its BTC holdings, return capital to investors and remove its CEO and board.
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Better, Framework Ventures reach $500M stablecoin mortgage financing deal The deal channels crypto liquidity into US home loans, testing whether blockchain-based capital can fund traditional mortgage markets at scale.
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PayPal draws takeover interest following 46% stock slide: Report After a yearlong share slump, PayPal is fielding buyout approaches as rivals weigh asset sales and a possible full acquisition, according to Bloomberg.