The company’s second acquisition in a week brings manufactured-home chattel loans onchain as Ether treasury stocks continue to slide. Former biotech company ETHZilla (ETHZ) is doubling down on its push into real-world asset markets, taking a 15% stake in digital housing lender Zippy to bring manufactured-home loans onchain. The deal marks the company’s second acquisition in a week. According to Wednesday’s announcement, ETHZilla will pay $5 million in cash and $16.1 million in stock for a 15% stake in Zippy, a US-based lender founded in 2021 that originates manufactured-home loans through a digital platform. The companies plan to link Zippy’s loan-origination and AI-powered systems with ETHZilla’s tokenization stack for onchain distribution of manufactured-home chattel loans, including potential forward-flow sales to institutional investors. Read more
The digital assets company is one of many to seek regulatory approval from UAE authorities or attempt to expand their services into a region drawing them in. Galaxy, the digital asset management and infrastructure company, announced an upcoming office and a new arm in Abu Dhabi as part of its push into the Middle East. In a Wednesday notice, Galaxy said it would establish an entity under the registration authority of the Abu Dhabi Global Market (ADGM), the area’s international financial center. According to Galaxy founder and CEO Mike Novogratz, the move was part of a strategy to expand the company’s existing partnerships and operations. “The Middle East is a rapidly growing financial hub that is home to some of the world’s most sophisticated investors and innovators,” said Galaxy managing director Bouchra Darwazah. “It has become a particularly influential region for our investors, clients, and portfolio companies, and we believe this office will help establish new opportunities as a leading global digital a...
The company argued that digital asset treasuries are operating companies and that MSCI indexes include businesses with a single-asset focus. Strategy, the largest Bitcoin treasury company, submitted feedback to index company MSCI on Wednesday about the proposed policy change that would exclude digital asset treasury companies holding 50% or more in crypto on their balance sheets from stock market index inclusion. Digital asset treasury companies are operating companies that can actively adjust their businesses, according to the letter, which cited Strategy’s Bitcoin-backed credit instruments as an example. The proposed policy change would bias the MSCI against crypto as an asset class, instead of the index company acting as a neutral arbiter, the letter said. Read more
Vanguard is opening crypto ETF access to millions of investors. The move reflects a broader 2025 trend of crypto finding its way into investor portfolios. Vanguard’s decision to open access to spot crypto ETFs marks a major shift from its earlier anti-crypto stance and gives more than 50 million clients a regulated path to gain exposure to digital assets. The firm will allow trading of approved third-party ETFs tied to BTC, ETH, XRP and SOL while avoiding memecoins or unregulated tokens and choosing not to launch its own crypto products. The move brings significant institutional legitimacy to crypto and shows that even traditionally conservative asset managers cannot overlook sustained demand for regulated exposure to digital assets. Read more
Bitcoin is attempting a recovery, but the short-term trend depends on the Federal Reserve’s upcoming interest rate decision. Meanwhile, ETH leads the altcoin recovery. Key points: Buyers will have to drive Bitcoin above $94,589 to open the gates for a retest of the psychological level of $100,000. Ether is showing strength, but several other major altcoins are struggling to sustain their rebound. Read more
Dormant Bitcoin giants have awakened. Onchain data shows aging wallets reactivating, reshaping supply dynamics across the network. In July 2025, analysts watched eight Satoshi-era wallets, each holding 10,000 BTC, move their coins for the first time in 14 years. In total, 80,000 Bitcoin (BTC) (about $8.6 billion at the time) shifted out of long-dormant addresses in a single clustered episode of movement observed onchain. Blockchain sleuths traced these coins back to 2011, when they were acquired for under $210,000 in total, implying a return of nearly 4,000,000%. Read more