Ryan Navi will guide Forward Industries’ Solana treasury strategy as digital asset companies’ shares face steep market declines. Top SOL treasury company Forward Industries has appointed Ryan Navi as chief investment officer to oversee the execution of the company’s Solana-focused treasury strategy. According to Monday’s announcement, Navi will handle sourcing and structuring capital markets opportunities and direct how Forward Industries uses its staking and validator infrastructure to support the accumulation of (SOL), Solana’s native token. Navi joins Forward Industries after leading digital-asset investments at ParaFi Capital and previously serving as a principal at investment company KKR, where he focused on liquid and distressed credit strategies. He began his career in investment banking at Citi. Read more
Bitcoin’s decline to $84,000 was driven by US dollar stablecoin concerns, a weakening global macroeconomic outlook and factors beyond Japan’s bond market stress. Key takeaways: Stablecoin concerns, regulatory pressure, and reduced risk appetite among traders weighed more on Bitcoin than Japan’s bond-market moves. Reduced confidence in global growth and stress on digital asset reserve companies amplified BTC selling and subsequent stop losses. Read more
The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain. Predictions platform Kalshi has reportedly begun allowing users to buy and sell tokenized versions of its event contracts on the Solana blockchain. According to a Monday CNBC report, Kalshi has moved closer to courting cryptocurrency users by offering tokenized contracts, which are now live on Solana. The move tokenized bets on the predictions platform, which includes US elections, sports and more, making them tradeable on the blockchain. “There’s a lot of power users in crypto,” John Wang, Kalshi’s head of crypto, told CNBC. “This is about tapping into the billions of dollars of liquidity that crypto has, and then also enabling developers to build third-party front ends that utilize Kalshi’s liquidity.” Read more
The appointments come ahead of a planned SPAC merger that will create a publicly traded company dedicated to accumulating and staking Cronos’ native token. Yorkville Acquisition Corp. has tapped two former Gryphon Digital Mining executives to lead its planned merger that will create a publicly traded digital asset treasury focused on accumulating the Cronos ecosystem’s native token. The appointments come as Yorkville moves toward forming a new entity with Trump Media & Technology Group and Crypto.com to acquire and manage the Cronos token (CRO) as its core reserve asset. Steve Gutterman will serve as CEO and Sim Salzman as chief financial officer once the merger closes, which Yorkville expects in the first quarter of 2026. The pair previously led Gryphon Digital Mining through restructuring, regulatory reporting and capital-markets transactions, and have held senior roles at E*TRADE, American Bitcoin and Marathon Digital. The new entity, formed through a business combination with Trump Media, co-founded by US...
Though the US dominated the number of requests from agencies in individual countries, Coinbase reported a modest increase in the overall number outside the country. US-based cryptocurrency exchange Coinbase has released its annual transparency report, revealing that the company experienced a significant surge in requests from law enforcement agencies. In a report released on Monday, Coinbase said it had received 12,716 requests from law enforcement globally from October 2024 to September 2025, marking a 19% increase over the volume of requests reported in 2024. Of these requests, the exchange said that more than half — 53% — came from outside the United States, with 80% of all of them originating in the US, Germany, UK, France, Spain and Australia. Read more