Index Overview - CoinDesk 5 Index tracks the largest and most liquid assets in the cryptocurrency market [1] Institutional Adoption - Financial institutions are leveraging the CoinDesk 5 Index [1] - Grayscale launched a large cap fund based on the index in February 2018 [1] - LunoGlobal, BitGo, and Lyons Wealth Management are also utilizing the index [1]

Core Viewpoint - The appointment of Paul Atkins as the new SEC chair marks a significant shift towards a more favorable regulatory environment for the crypto industry, with a focus on integrating traditional financial markets with blockchain technology [1][2]. Group 1: Regulatory Changes - Paul Atkins has proposed a series of regulatory changes aimed at facilitating the integration of traditional financial markets with blockchain technology, which includes allowing financial firms to trade crypto commodities, crypto securities, and traditional securities without needing multiple licenses [2][3]. - The initiative, referred to as Project Crypto, is seen as a groundbreaking move that could transform US equity markets by enabling the tokenization of traditional financial assets [1][2]. Group 2: Industry Response - Cameron Winklevoss, co-founder of Gemini, expressed strong support for Atkins, highlighting the positive shift in the SEC's approach towards the crypto industry compared to the previous chair, Gary Gensler, who took a more adversarial stance [1][5]. - Executives from various crypto firms, including BitGo and Dinari, shared enthusiasm for the prospects of tokenizing US stock, with Dinari's Gabriel Otte describing it as the most significant change in the US financial system since the regulations following the Great Depression in 1933 [5]. Group 3: Tokenization Trends - Tokenization, which involves placing traditional financial assets such as stocks, commodities, real estate, and bonds onto blockchains, has emerged as a major trend in the crypto industry this year [3]. - Companies like Robinhood and Kraken have gained attention by launching services that enable customers to trade tokenized shares, indicating a growing interest in this area [4].

🇪🇺 NEW: BitGo secures approval from Germany's Federal Financial Supervisory Authority to expand its European offering to include regulated crypto trading services. https://t.co/jWec76VtOn ...

Digital asset infrastructure firm BitGo announced that its European subsidiary has received an extended license from Germany’s BaFin, allowing it to offer crypto custody, staking, transfer, and regulated trading services. BitGo had already obtained a MiCA license from BaFin in May 2025. According to Statista, Europe’s crypto market revenue is expected to reach $26 billion in 2025, with Germany leading regional adoption.https://t.co/fOsZMuaLH7 ...

Group 1: Regulatory Approval and Expansion - BitGo has received regulatory approval from Germany's BaFin to expand into digital asset trading, making it one of the few firms in Europe licensed for custody, staking, and trading under a single framework [1][2] - The approval allows BitGo Europe to offer both over-the-counter (OTC) and electronic trading for a variety of cryptocurrencies and stablecoins, positioning it alongside competitors like Coinbase and Kraken [2][3] Group 2: Business Model and Market Position - The new authorization builds on BitGo's Markets in Crypto-Assets (MiCA) license obtained in May 2025, enabling institutions to trade digital assets directly through BitGo's regulated platform while ensuring asset security in MiCA-compliant cold storage [3][4] - BitGo aims to provide deep liquidity and reliable execution for institutions, reducing friction for European pension funds and asset managers by allowing them to trade within its ecosystem without needing multiple exchange accounts [4] Group 3: Partnerships and IPO Plans - Earlier in the year, BitGo partnered with custody specialist Copper to create an "in-custody" trading network, facilitating asset transfers within a regulated environment [5] - BitGo filed for an initial public offering (IPO) in August, indicating a renewed interest in the digital asset sector, following similar moves by other crypto firms like Gemini and Grayscale [6] Group 4: Financial Background and Valuation - BitGo raised $100 million at a valuation of $1.75 billion in August, marking its first external funding round since 2017 [6][7] - The company previously attempted to go public in 2021 through an acquisition by Galaxy Digital, which was later terminated, leading to a lawsuit for breach of contract [8][10] Group 5: Strategic Collaborations - Despite a $100 million lawsuit between BitGo and Galaxy Digital, the two companies have reached an agreement for Galaxy to provide its blockchain staking services to BitGo Trust, allowing BitGo's institutional clients to earn staking rewards [9]

RT Bitcoin For Corporations (@BitcoinForCorps)💸 PANEL: Does Cash Flow Still Matter?What matters more for #Bitcoin treasury companies — cash flow or balance sheet growth?Hear insights from Andrew Webley (@SmarterWebUK), Danny Yeung (@Prenetics), and Abel Seow (@BitGo) in this panel moderated by @StephanLivera.📍BFC Symposium | Presented by @krakenfx ...

Core Insights - BitGo Europe GmbH has received approval from Germany's BaFin for the extension of its license, allowing it to offer regulated crypto trading services in the region [1][2] - The trading services will be based in Frankfurt and will include Over-the-Counter (OTC) trading and an electronic trading platform for thousands of digital assets and stablecoins [2][3] - This development positions BitGo alongside other major players like Coinbase and Kraken in providing custody, staking, and trading services in Europe [4] Regulatory Compliance - BitGo has previously obtained the EU's Market in Crypto Assets (MiCA) license from BaFin in May, enabling it to offer regulated digital asset services across the EU [6] - The Managing Director of BitGo Europe GmbH emphasized the company's commitment to regulatory compliance and the importance of the MiCA license for supporting crypto adoption in Europe [7] Market Positioning - The new offerings will provide institutional investors in Europe access to a comprehensive crypto OTC trading desk and a high-performance electronic trading platform [3][4] - Investors will benefit from multiple liquidity sources, including top-tier market makers and exchanges, ensuring competitive pricing and quality execution [4] - BitGo also holds registrations in other European countries such as Italy, Spain, Poland, and Greece, as well as a Major Payment Institution license from Singapore's Monetary Authority [8]

Group 1 - BitGo has received approval from Germany's financial regulator, BaFin, to expand into regulated crypto trading, allowing it to offer over-the-counter trading and an electronic trading platform for thousands of digital assets and stablecoins [1] - The approval builds on BitGo's existing Markets in Crypto-Assets (MiCA) license obtained in May 2025, which now includes trading services alongside custody, staking, and transfer services [3] - The new trading capabilities are expected to reduce friction for European pension funds and asset managers entering the crypto market, enabling them to trade and settle within BitGo's regulated system while keeping assets secure in cold storage [4] Group 2 - BitGo has partnered with custody specialist Copper to create an expanded "in-custody" trading network aimed at onboarding major exchanges, allowing assets to be traded while held in a regulated custody environment [2] - Institutions can now source liquidity from market makers and exchanges through BitGo's platform, which integrates custody services with MiCA-compliant cold storage [3] - The company aims to provide deep liquidity and reliable execution with the assurance of regulatory oversight, addressing the needs of institutional clients [4]

Core Insights - SOL Strategies Inc. celebrates its one-year anniversary of transforming from a Bitcoin holding company to a publicly traded enterprise focused on the Solana ecosystem, achieving significant shareholder value and establishing new institutional blockchain participation categories through its DAT++ model [1][2][3] Financial Performance Milestones - The Solana treasury grew from $0 SOL holdings as of March 31, 2024, to $144 million, holding 435,064 SOL tokens, with total assets reaching $164 million [3] - The company achieved $800,000 adjusted EBITDA in Q3 2025, showcasing the effectiveness of the DAT++ model's dual revenue approach [3] Competitive Advantage - The DAT++ model combines digital asset treasury holdings with validator infrastructure operations, creating dual revenue streams that compound growth at nearly double the rate of traditional staking-only models [5] Operational Milestones - The company operates over CAD $1.24 billion in delegated SOL across five validators, managing 3.73 million SOL tokens with over 12,000 unique staking participants [6] - SOL Strategies is one of the first validators running Firedancer and has launched the first native Solana staking mobile app, along with developing multiple open-source packages adopted across the Solana ecosystem [7] Compliance and Listing Achievements - The company completed SOC1 Type 1, SOC 2 Type 1, and ISO 27001 audits, establishing enterprise-grade institutional compliance standards [9] - Achieved cross-listing on the Nasdaq Global Select Market under ticker "STKE" on September 9, 2025, becoming the first Solana-focused company to reach this milestone [9] Strategic Partnerships - Selected by ARK Invest as the exclusive Solana staking provider for their Digital Asset Revolutions Fund and established strategic partnerships with Neptune Digital Assets and BitGo's institutional custody platform [10] Financing and Growth Initiatives - Secured a USD $500 million convertible note facility with ATW Partners, a $25 million facility from former Chairman Antanas Guoga, and a $30 million financing from ParaFi Capital [11] - Filed a preliminary shelf prospectus in Canada to provide flexibility for future growth initiatives [11] Strategic Acquisitions - Executed three strategic acquisitions, including Cogent, Orangefin, and Laine's validator network, which helped transform the company into a vertically integrated Solana infrastructure operation [12] - The acquisition of Laine's validator network specifically doubled the company's staked SOL assets, establishing a scalable platform serving prominent ecosystem participants [12]

With the Fed meeting just two days away, we are locked in on old coins like HAR. We are locked in on crypto itself because if the Fed is about to cut rates, which it seems as though they are, this is going to cause this entire space to erupt significantly higher. And of course, yes, we're 100% focused on old coins because at this time in this market, it's no longer about Bitcoin. Yes, we're still technically in phase two of the cycle where we're still 100% focused on Ethereum as well.However, I think now is ...