Workflow
Blockchain Technology
icon
Search documents
3 Crypto ETFs Poised To Surge With Big Spikes In Momentum Ranking And Fund Scores
Benzinga· 2025-09-17 08:13
Group 1 - Three blockchain and cryptocurrency-linked ETFs have surged into the market's top decile, indicating a potential breakout rally due to sharply increased momentum scores [1][5] - The momentum percentile rankings assess the relative strength of these ETFs by evaluating price movement patterns and volatility against sector peers, with significant increases signaling strong market interest [2][5] Group 2 - The Bitwise Crypto Industry Innovators ETF (BITQ) saw its momentum score rise from 88.69 to 92.16, reflecting renewed buying demand and optimism around blockchain technology, with a year-to-date gain of 34.76% and 92.88% over the year [7] - The VanEck Digital Transformation ETF (DAPP) increased its momentum score from 89.89 to 93.45, benefiting from improving sentiment in the digital asset space, with a year-to-date increase of 37.91% and 92.51% over the year [8] - The Bitwise Web3 ETF (BWEB) experienced a momentum jump from 89.22 to 90.34, indicating growing interest in Web3 investments, with a year-to-date gain of 40.21% and 78.63% over the year [8]
Standard Chartered Ventures Targets $250M Digital Assets Fund With Middle East Investor: Bloomberg
Yahoo Finance· 2025-09-16 12:10
Core Insights - Standard Chartered's venture arm, SC Ventures, plans to raise $250 million for a fund focused on digital assets in the financial services sector, expected to launch in 2026 with participation from Middle Eastern investors [1] - The capital will specifically target financial services in areas such as tokenization and blockchain technology [2] - SC Ventures is also looking to create a $100 million fund for Africa and is considering its first venture debt fund as part of its broader strategy [3] Company Developments - SC Ventures was founded in 2018 to support technology startups and innovative projects for Standard Chartered, with operations launched in Saudi Arabia in January 2025 [4] - By 2026, SC Ventures plans to establish a domestic fund in Saudi Arabia focusing on minority investments and new business launches [4] - Standard Chartered has expanded its digital asset strategy, becoming the first major financial institution to offer spot trading for Bitcoin and Ethereum through its U.K. branch [5] Strategic Partnerships and Innovations - The bank has advanced tokenization through its blockchain platform, Libeara, and partnered with exchanges like OKX for collateral solutions involving cryptocurrencies [5] - Standard Chartered (Hong Kong) launched an HKD-backed stablecoin in collaboration with Animoca Brands and HKT, aiming to enhance payment efficiency and promote digital asset adoption [6] - In early 2025, Standard Chartered secured a Luxembourg license for crypto custody under the EU's MiCA framework, responding to rising client demand [7] Market Context - The announcement from SC Ventures aligns with the rapid growth in the fintech sector in the Middle East and North Africa, highlighted by Binance's record $2 billion stablecoin investment from Abu Dhabi's MGX [8]
Hyperscale Data Reports Bitcoin Treasury Update as of Sunday, September 14; $100 Million Bitcoin Treasury Strategy Underway
Prnewswire· 2025-09-16 10:00
Core Viewpoint - Hyperscale Data, Inc. is shifting its digital asset treasury strategy to focus exclusively on Bitcoin, liquidating its current holdings of approximately $100,000 in XRP to pursue a $100 million Bitcoin treasury strategy [1][2][3]. Group 1: Treasury Strategy - The company plans to place $100 million of Bitcoin directly on its balance sheet, believing Bitcoin to be the most durable and scalable digital asset for stability and long-term value creation [3][5]. - Hyperscale Data will begin making open market purchases of Bitcoin and will provide updates on its holdings every Tuesday [3][5]. Group 2: Historical Context and Rationale - The decision to focus on Bitcoin follows a review of its previous XRP strategy, with management emphasizing Bitcoin's importance in conjunction with its AI data center strategy [2][5]. - Hyperscale Data has been involved in Bitcoin mining since December 2017, which informs its current treasury approach [2][5]. Group 3: Current Holdings and Market Value - As of September 14, 2025, Sentinum's holdings of approximately 15.0022 Bitcoin had a market value of about $1,731,000, derived from mining operations rather than open market purchases [4].
X @Polkadot
Polkadot· 2025-09-15 19:09
Company Overview - Apillon is a platform "For builders, By builders" [1] Contact Information - Apillon's website is https://t.co/IlqqCcXQQs [1]
Stripe’s crypto head leaves firm for Polygon amid Tempo blockchain build-up
Yahoo Finance· 2025-09-15 12:13
Core Insights - John Egan, head of crypto at Stripe, has left the company to become the first chief product officer at Polygon Labs, focusing on enhancing Polygon's stablecoin payments capabilities [1][2] - Egan's departure comes as Stripe prepares to launch its Tempo blockchain, which will compete directly with Polygon in the stablecoin payments sector [2][4] - The crypto industry is experiencing significant momentum, particularly in stablecoin payments, following regulatory support from the Trump administration [3] Company Developments - Egan's role at Polygon Labs will involve increasing adoption, scalability, and interoperability of its blockchain for stablecoin payments [1] - Stripe's Tempo, unveiled on September 4, is designed specifically for stablecoin payments and is incubated by Stripe and Paradigm, operating as a standalone entity [4] - Polygon has seen a resurgence in stablecoin payments, with a nearly 40% increase in monthly peer-to-peer stablecoin transaction volume since the beginning of the year [5] Market Context - The stablecoin market is expanding, with major banks like Bank of America, JPMorgan Chase, and Wells Fargo exploring their own stablecoin initiatives [4] - Polygon currently has almost $3 billion in stablecoins, nearing its record high, indicating strong market interest and activity [6] - Egan's previous experience includes significant roles at Stripe, where he was instrumental in blockchain integration and led major acquisitions, including a $1.1 billion purchase of Bridge [7][8]
London Stock Exchange Unveils Blockchain-Based Platform for Private Funds
Yahoo Finance· 2025-09-15 10:08
Core Insights - The London Stock Exchange Group (LSEG) has launched a blockchain-based platform for private funds, marking a significant advancement in digital market infrastructure [1][2] - The platform, known as Digital Markets Infrastructure (DMI), aims to enhance efficiency and scalability throughout the asset lifecycle, from issuance to settlement [1] - MembersCap and Archax are the first clients to utilize DMI, successfully completing a transaction that raised funds for MembersCap's MCM Fund 1 [2][3] Industry Context - The introduction of DMI is seen as a milestone in the integration of blockchain technology within regulated financial markets, highlighting a growing demand for interoperable solutions [3] - Traditional finance (TradFi) exchanges are increasingly adopting blockchain technology to improve operational efficiency and reduce costs, as evidenced by Nasdaq's recent proposal to tokenize stocks for blockchain trading [4]
X @Token Terminal 📊
Token Terminal 📊· 2025-09-13 18:15
RT Milk Road (@MilkRoadDaily)Stablecoin usage hit a new peak this week.24.1M unique senders in a single month.That’s not traders rotating bags, it’s real money moving at scale across Tron, Solana, and Ethereum.Who needs a bank anyway? https://t.co/qpwTkTg334 ...
X @Token Terminal 📊
Token Terminal 📊· 2025-09-13 11:50
Blockchain Adoption - Transaction fees are no longer a barrier to mainstream adoption of blockchain applications [1] - Solana's transaction fees are at $0.005 [1] Industry Implications - Blockchain applications can expand beyond high-value financial use cases [1] - Blockchain applications can move into consumer social applications [1]
X @Avalanche🔺
Avalanche🔺· 2025-09-12 16:00
ULTRA KOREA is taking festivals on-chain 🔺Fans can now buy VVIP packages with stablecoins.In partnership with @OfficialEqbr and powered by Avalanche, payments are fast, secure, and seamless for festival-goers worldwide. https://t.co/2pbzYrPs1F ...
X @Bloomberg
Bloomberg· 2025-09-12 09:52
Blockchain Technology & International Trade - UK trade groups are urging the government to include blockchain technology in any technological innovation cooperation deal with the US [1] - The urging comes ahead of President Donald Trump's visit next week [1]