Consortium uses M&A to advance corporate Bitcoin adoption across Asia Simon Gerovich, CEO of Tokyo-based Metaplanet, is part of a consortium that is negotiating to acquire a controlling stake in SGA, a publicly traded software services company listed on South Korea’s KOSDAQ. The deal, if finalized, would position SGA to acquire Bitcoin as part of a broader digital asset strategy. While Gerovich is listed as an independent investor — not acting on behalf of Metaplanet — the move aligns with the company’s growing Bitcoin treasury strategy. According to a press release from Top Win International, (SORA on the Nasdaq stock exchange), “proceeds from the issuance will be used for strategic asset acquisitions and general corporate purposes.” Acquisitions such as this are part of a broader strategy to accelerate corporate Bitcoin adoption across Asia by transforming traditional companies into Bitcoin-aligned entities, using deals to position companies like DV8 and SGA as vehicles for Bitcoin exposure in regional capi...
Solana ranks fourth among blockchains by tokenized asset market share, trailing Ethereum, ZKSync Era, and narrowly behind Aptos. Tokenized assets on Solana crossed over $418 million, rising 140.6% year-to-date and narrowing the gap with leading competitors in the space, according to a recent report from Messari. Solana's growth more than doubled the broader real-world asset (RWA) tokenization market in 2025, which expanded by 62.4% during the same period. Solana now hosts a variety of RWA tokenization projects, with assets spanning from tokenized stocks and US treasuries to institutional funds onchain. “Solana’s appeal stems from its high throughput, near-zero transaction costs, and robust developer ecosystem,” Matthew Nay, a research analyst at Messari, writes in the report. Read more
From volatile outsider to financial base layer, Bitcoin is entering a new era — driven not by retail hype, but by the long-term logic of professional capital. Key takeaways: Institutional investor inflows are changing Bitcoin’s character, reducing its volatility and increasing accessibility for everyday investors. Spot Bitcoin ETFs now hold over $138 billion in assets, with RIAs, hedge funds, and pensions driving a growing share. Read more
Known by many in the industry for filing records requests with the US government over crypto policies, Coinbase has filed a lawsuit against Oregon state officials. Cryptocurrency exchange Coinbase has filed for injunctive relief in the US state of Oregon related to claims that its officials “flip-flopped on digital assets behind closed doors.” In a case filed Thursday in the Marion County Circuit Court, Coinbase’s lawsuit named Oregon Governor Tina Kotek in her official capacity. The complaint reportedly challenged how the state government handled requests for documents related to digital asset enforcement actions. According to Coinbase, prior to April 2025, state officials had largely not considered digital assets to be regulated as securities. However, Oregon’s Attorney General’s office then filed a lawsuit against Coinbase, alleging the exchange offered more than 30 tokens as unregistered securities. Read more
Bitcoin looks poised for an extended rally to $138,000 according to market cycle history and the current weekly trend. Key takeaways: Bitcoin closed its highest weekly candle at $119,310, then rallied on to $123,100. Short-term holder NAV premium at 16% signals moderate interest, well below FOMO levels. Read more
Kazakhstan’s central bank is drawing on lessons from Norway, the US and Middle East in developing its crypto strategy. Kazakhstan’s sovereign wealth fund has reportedly identified cryptocurrencies as a viable asset class for inclusion in the country’s national reserves, with the central bank drawing lessons from allocation strategies used in Norway, the United States and the Middle East. According to Kursiv, a local media outlet registered with Kazakhstan’s Ministry of Information, the country plans to invest a portion of its gold and foreign exchange reserves — as well as assets held by its sovereign wealth fund — into crypto-related instruments. Kursiv cited Timur Suleimenov, head of the National Bank of Kazakhstan, who said at a press conference that the central bank is exploring “aggressive strategies to [generate] higher investment income,” which “does not exclude” allocating part of its holdings to crypto-related funds. Read more