Crypto

Zug, Switzerland, 2nd September 2025, Chainwire

VILNIUS, Lithuania, 2nd September 2025, Chainwire

Yunfeng joins companies including SharpLink Gaming and Bitmine Immersion Technologies that have begun pursuing an ether treasury strategy in recent months.

The funding will be used to support SonicStrategy's treasury, validator operations, and blockchain investments, and can convert to common stock at $4.50 per share.

BTC hovers around $110k despite gold ATH. BTC whale continues to move to ETH. WLFI launches at $25bn, to buyback coin with revenue. HYPE hits ATH for monthly fees at $100m. TRON cuts network fees 60%. Metaplanet buys $112m BTC. Devs intro mechanism to tokenize burned ETH. Sonic Labs passes $150m proposal for US expansion. Chinese SOE issues first RWA digital bond on ETH. Coinbase, OKX target share of Aussie pension system.

Winklevoss co-founders of Gemini have filed for a U.S. IPO as Gemini Space Station, planning to sell 16.67M shares at $17–$19 and seeking up to a $2.22B valuation. Goldman Sachs and Citigroup have been named lead bookrunners, with other banks joining the syndicate. The post Gemini IPO Targets $2.22B Valuation – Will Winklevoss Pull It Off? appeared first on Cryptonews.

The crypto exchange said Tuesday that it plans to raise up to $317 million, with an initial target stock price of between $17 and $19 a share.

The firm’s updated guidance on common stock issuance reflects an “iterative” approach, the analysts wrote.

Strategy, the business intelligence firm formerly known as MicroStrategy, has reinforced its Bitcoin position with another large purchase. In a Sept. 2 filing with the US Securities and Exchange Commission (SEC), the company reported acquiring 4,048 BTC for $449.3 million, paying an average of $110,981 per coin. The move lifts Strategy’s total Bitcoin balance to […] The post Strategy pushes Bitcoin stash over $69B, raises STRC dividend to 10% amid criticism appeared first on CryptoSlate.

Bitcoin surprises with upside volatility in line with gold, but the risk of a return to test $100,000 is on the cards "in the coming days," a trader warns. Key points: Bitcoin moves in step with gold, rising toward $112,000 as gold hits new all-time highs. BTC price action has yet to confirm a reversal, say commentators, with the risk of a $100,000 dip still real. Read more

Here are some of the most recent developments around XRP, along with a price forecast.

XRP trades between $2.70–$2.83 in volatile session; whales add nearly $960M worth of tokens as technicals hint at a potential breakout.

Munich-based digital asset custodian Tangany has raised €10 million in a Series A round to scale its regulated crypto custody infrastructure across Europe. The post German Fintech Tangany Secures €10M to Expand Regulated Crypto Custody Across Europe appeared first on Cryptonews.

Tokenized equities have not been without controversy as global regulators and stock exchanges have pushed back against this new use of blockchain technology. XStocks, a tokenized stock product owned by Backed Finance, is launching on Ethereum with about 60 tokenized stocks, including NVIDIA, Amazon, Tesla, Meta and Walmart, according to an announcement on Tuesday. Before its debut on Ethereum, xStocks had launched on Solana, BNB Chain and Tron. Behind the platform is Backed Finance, a real-world asset (RWA) tokenization company that has been partnering with crypto exchanges, including Kraken and Bybit, to host its product. “Ethereum is one of the world’s most widely adopted smart contract networks — and xStocks were built to meet users where they already are,” a Kraken representative told Cointelegraph. Read more

Around 80% of the top 10 largest holders of World Liberty Financial’s WLFI token took profits within a day of the asset’s launch. On Sept. 2, pseudonymous blockchain analyst Aixpta reported that eight of the top ten WLFI holders had either partially or fully sold their positions. According to the analysis, only the second and […] The post 80% of top WLFI holders cash out within hours as phishing threats loom appeared first on CryptoSlate.

U.S. stocks opened sharply lower after the three day weekend, but have narrowed those losses.

The partnership allows US investors to hold vaulted gold in self-directed IRAs, providing exposure to regulated DeFi strategies. Gold-backed IRA provider SmartGold is moving $1.6 billion of vaulted assets onchain through a partnership with tokenization platform Chintai Nexus, potentially opening the door to tokenized gold investments through self-directed US Individual Retirement Accounts (IRAs). Each gold token is backed one-for-one with physical bullion and can be deployed as collateral across decentralized finance (DeFi) lending protocols, the companies said Tuesday. The structure works by having investors purchase and store vaulted gold through a SmartGold self-directed IRA. Chintai then tokenizes the holdings, issuing digital representations tied directly to the physical asset. Read more

The Improbable-backed blockchain says it processed over 10 billion testnet transactions and lists Google Cloud among its validators.

BitMine Immersion Technologies, the world’s largest corporate Ether holder, said it holds 1.87 million ETH — more than 1.5% of the total supply. BitMine Immersion Technologies, a publicly traded Bitcoin mining company and Ether treasury, said it holds almost 1.9 million ETH — well over 1.5% of all circulating Ether. According to a Tuesday announcement, BitMine holds 1,866,974 Ether (ETH) or nearly 1.55% of the entire ETH supply, 192 Bitcoin (BTC) and unencumbered cash of $635 million. This results in a combined total capital of $8.98 billion. According to Strategic ETH Reserve data, Bitmine is currently the world’s largest corporate Ether treasury, with its ETH holdings valued at over $8.1 billion. The second-largest treasury is SharpLink Gaming, with 797,700 ETH, worth approximately $3.43 billion. Read more

Michael Saylor’s Strategy has disclosed acquiring 4,048 BTC for $449.3M at an average $110,981, bringing holdings to 636,505 BTC. The aggregate cost has reached $46.95B with a $73,765 average cost basis, reflecting ongoing use of ATM equity raises and OTC execution for treasury management. The post Michael Saylor’s Strategy Scoops 4,048 BTC – $449.3M Spent, Market Barely Blinks appeared first on Cryptonews.