Interest in gifting bitcoin is high this holiday season, and consumers overwhelmingly prefer options from trusted, regulated U.S. financial brandsPHOENIX, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Fold Holdings, Inc. (NASDAQ: FLD) (“Fold” or the “Company”), a bitcoin financial services company making it easy for individuals to earn, save, and spend bitcoin through everyday financial tools, today released new findings from its 2025 Holiday Bitcoin Gifting Outlook. The study reveals strong interest in gifting bitcoin ...

Core Insights - WonderFi Technologies Inc. reported financial results for Q3 2025, achieving approximately $11.7 million in revenue and interest income, a 47.5% increase compared to Q3 2024 [8] - The company anticipates the completion of its acquisition by Robinhood Markets, Inc. to be delayed until the first half of 2026 due to additional development work and regulatory approvals [3] Financial Performance - Revenue and interest income for Q3 2025 reached approximately $11.7 million, marking a 47.5% increase from Q3 2024 [8] - Bitbuy and Coinsquare reported over $2.3 billion in client assets under custody as of September 30, 2025 [8] - The company achieved positive adjusted EBITDA in Q3 2025, contrasting with a loss during the same period in 2024, after excluding non-cash items [8] Business Developments - Bitbuy and Coinsquare launched six new tradeable assets, resulting in an incremental trading volume of $13.7 million [8] - The company is positioned to capture market and wallet share through ongoing innovation in the digital asset space [6]

Core Insights - Galaxy Digital's shares increased nearly 9% following the announcement of its best quarterly performance in seven years, with a current trading price of $43.35 and a market cap of $16.5 billion [1] - The company reported an adjusted gross profit of $728 million for Q3, a 143% increase from the previous quarter, and a net income of $505 million, a sixteenfold rise [1] Treasury Trade Success - A significant portion of Galaxy's success is attributed to treasury trades, with over half of the $9 billion in assets coming from companies holding Bitcoin and Ethereum [2] - Digital asset treasury mandates have contributed more than $4.5 billion in assets to Galaxy, resulting in over $40 million in annual recurring fee revenue [2] Growth of Crypto Treasury Companies - Crypto treasury companies, which purchase Bitcoin, Ethereum, or XRP to enhance their balance sheets, have seen substantial growth, with Ethereum treasuries controlling over 3.5% of all Ether and Bitcoin treasuries holding a similar percentage of Bitcoin's supply [3] - These firms have tripled their holdings since July, indicating a strong market trend [3] Staking and Asset Management Services - Galaxy is leveraging the growth of treasury companies by providing staking and asset management services, offering a 3% yield for Ethereum treasuries and professional custody for Bitcoin treasuries [4] - By June, Galaxy had supported more than 15 treasury companies [4] AI Initiative - Galaxy is expanding into the artificial intelligence sector, securing $1.4 billion in financing for the $1.7 billion first phase of a power plant project for CoreWeave, an AI computing firm [5] - The new power plant, named Helios and located in Texas, is expected to generate over $1 billion in annual revenue once completed, comparable to the company's entire trading operation [6]

Core Insights - Galaxy Digital reported $505 million in profits for the third quarter, driven by a significant increase in assets on its platform, which reached a record $17 billion, up 70% quarter-over-quarter [1][2] - The firm's shares surged to $46 at market opening, reflecting an 8.3% increase on the day, with a third-quarter revenue of $28.4 million, marking a 231% increase year-over-year [2] - Trading volumes increased by 140% quarter-over-quarter, including a notable $9 billion notional Bitcoin sale facilitated by Galaxy earlier this year [2] Asset Management and Client Activity - Galaxy reported $9 billion in assets under management by the end of the third quarter, alongside $7 billion in "assets under stake" earning blockchain rewards [4] - The firm is benefiting from crypto treasury firms parking $4.5 billion in assets at Galaxy, expecting around $40 million in annual recurring fees from this activity [3] - The average loan book size increased to $1.8 billion, indicating enhanced client diversity [4] Product Offerings and Market Position - GalaxyOne, launched this month, allows customers to trade stocks and crypto in one platform, competing with retail-focused platforms like Robinhood and Coinbase [5] - The firm is also targeting accredited investors with high-yield cash products that are not universally available [5] - Galaxy remains on schedule to deliver power to AI cloud computing platform CoreWeave in the first half of next year, indicating its engagement in data center infrastructure [5] Analyst Insights - Analysts at Compass Point noted that Galaxy's earnings before interest and taxes exceeded Wall Street estimates by 236%, suggesting that the increase in assets will likely lead to higher investor forecasts [6]

Core Insights - Galaxy Digital's shares increased by 2% following a significant revenue beat in Q3, reporting $29 billion against analyst expectations of $16 billion, driven by its trading business and rising digital asset valuations [1] Helios Data Center Project - CoreWeave has committed to utilizing the full 800-megawatt capacity at Galaxy's Helios data center in Texas, with a $1.4 billion financing deal from Deutsche Bank completed in August, ensuring phase one is fully funded [2] - The construction pace is described as "extraordinary," with over 500,000 labor hours logged and more than 700 workers on site daily, with the first data hall expected to power on in early December [3] - The Helios project is on track to become one of the largest AI and high-performance computing campuses globally, with initial delivery expected in the first half of 2026 [5] Financial Backing and Future Capacity - Galaxy secured a $460 million equity investment from an unnamed asset manager to support the Helios project [4] - The company is actively working with ERCOT and WETT to secure an additional 2.7 gigawatts of power capacity, which could significantly benefit the stock in the future [5] Galaxy One Platform - Galaxy launched Galaxy One, an investment platform targeting mass affluent investors, focusing on crypto, equities, and yield products [5] - Early uptake shows users with an average net worth of $2 million and annual income exceeding $340,000, aiming to diversify funding sources and enhance efficiency in the digital assets business [6]

Core Insights - Amber International Holding Limited (NASDAQ:AMBR) is recognized as a leading provider of institutional crypto financial services, focusing on blockchain and AI solutions for digital asset management [1] Financial Performance - In Q2 2025, Amber reported total revenue of $21 million, a significant increase from $0.9 million in the same quarter the previous year [2] - Wealth management revenue reached $11.5 million, and client assets grew by 20% to $1.54 billion, with a gross profit margin of 71.3% [2] - New client onboarding increased by 14% compared to Q1 2025, indicating a positive trend in client acquisition [2] Business Expansion - The company has expanded into institutional digital asset management through its Digital Assets Treasury (DAT) services, providing integrated solutions for corporate clients [3] - This initiative aims to enhance cash flow, risk management, and compliance for firms managing significant digital assets [3] Funding and Strategy - Amber raised $25.5 million in a private placement in July 2025 from strategic investors, which will support its $100 million Crypto Ecosystem Reserve Strategy [4] - The strategy focuses on major digital assets such as Bitcoin, Ethereum, and others, emphasizing the company's commitment to blockchain infrastructure and smart contract finance automation [4] Innovation and Market Position - Amber became the first Asia-based public company to tokenize and trade its stock on the Solana blockchain under the symbol AMBRx, enabling 24/7 tokenized trading [5] - This move enhances accessibility for global investors and positions the company as a pioneer in the digital asset space [5]

Group 1 - Solana surged 5.5% on Friday, reaching a daily peak above $241, the highest price since late January, driven by institutional interest [1] - Forward Industries announced a $1.65 billion PIPE deal led by Galaxy Digital, Jump Crypto, and Multicoin Capital, contributing to the bullish sentiment around Solana [1] - Following the PIPE deal announcement, Solana's price climbed above $215 and continued to rise, although it remains 18% below its all-time high of $293.31 set in January [3] Group 2 - Users on Myriad, a prediction market, have increased their confidence that Solana will rise to $250, with the percentage of users believing this increasing from 66% to 89% [4] - BIT Mining has added 17,221 SOL to its treasury, further boosting Solana's price, and plans to change its NYSE ticker to SOLAI [4] - BIT Mining's shares, currently trading under the BTBT ticker, previously soared to over $5 per share after announcing the establishment of a Solana treasury [4]

Company Overview - Amber International Holding Limited is a leading provider of institutional crypto financial services and solutions, operating under the brand name "Amber Premium" [1][21] - The company serves elite investors in Asia, including tycoons, family offices, and leading institutions, combining private-banking experience with advanced technology [3][4] Historical Context - Amber Group, the parent company, began as Amber AI, one of the first fintech start-ups in Asia to utilize machine learning and neural networks for market pricing and trading [5] - The belief in the transformative potential of crypto and AI has been a foundational aspect of the company's strategy since its inception [5] Strategic Vision - The company's roadmap focuses on strengthening its core business while integrating AI into its products and client experiences [6][7] - Amber International aims to position itself at the intersection of crypto and AI, preparing to support the emerging intelligent economic agent economy [10] Company Culture - Despite being a publicly listed company, Amber International maintains a start-up mindset characterized by openness to new technology, experimentation, and a flat organizational structure [8][9] Leadership Team - The leadership team includes: - Michael Wu as Executive Chairman & CEO, overseeing vision and strategy [12] - Vicky Wang as President, managing core business operations [13] - Yi Bao as Chief Product Officer, focusing on product strategy [14] - Alex Zhang as VP of Engineering, leading R&D in crypto, blockchain, and AI [15] - Josephine Ngai as CFO, ensuring financial governance [16] - Jeffrey Wang as Head of Americas, expanding the company's presence in the Americas [17] - The board combines entrepreneurial energy with institutional discipline, providing a strong foundation for future growth [19] Future Outlook - The company emphasizes the importance of technology and trust in shaping the future of finance, aiming to lead in both digital wealth and crypto finance [20]

Core Insights - Amber International Holding Limited has appointed Mr. Luke Li and Ms. Vicky Wang as new directors to support business growth and corporate strategies [1] - Mr. Michael Wu has been appointed as the new Chief Executive Officer, taking over from Mr. Wayne Huo, while Ms. Vicky Wang has also been appointed as President [4][5] Group 1: New Appointments - Mr. Luke Li is a co-founder of Amber Group with extensive experience in cryptocurrency trading and asset management, previously serving as a credit strategist at Morgan Stanley [2] - Ms. Vicky Wang has expertise in digital wealth management and has been a Partner at Amber Group since 2023, leading its digital wealth management business [3] Group 2: Company Overview - Amber International operates under the brand name "Amber Premium," providing institutional crypto financial services and solutions [6] - The company offers a regulated financial ecosystem powered by proprietary blockchain and financial technologies, focusing on optimizing digital asset portfolios for institutions and high-net-worth individuals [6]

Core Insights - DelphX Capital Markets Inc. is expanding its broker dealer, DelphX Services Corp, to market private placements for public and private growth companies across North America, aiming to generate revenue from fees associated with these engagements while bringing its Credit Rating Securities (CRS) to market [1][3] - The company is developing a new structured product called Quantem Crypto Security (QCS) to address the needs of Qualified Institutional Buyers and corporate treasury strategies in the volatile crypto market, with a rollout expected by late August or early September [2][3] - DelphX anticipates enhanced revenue opportunities through three distinct potential revenue verticals, which will broaden its relevance and credibility in the market [3] Company Overview - DelphX is focused on developing and distributing next-generation structured products, including collateralized put options (CPOs) and collateralized reference notes (CRNs), which provide secured protection for corporate bonds and cryptocurrency holdings [4][7] - The company operates through its special purpose vehicle, Quantem LLC, enabling broker dealers to offer new private placement securities that cater to both fixed income and cryptocurrency solutions [4][5]