Tag: Digital

Galaxy Digital Raises $460M to Build Texas AI Data Center

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Mike Novogratz’s Galaxy Digital has secured a $460 million private investment from one of the world’s “largest asset managers” to accelerate the transformation of its former Bitcoin mining site in Texas into an AI data center. The deal involves the purchase of 12.77 million Class A shares at $36 per share, with the proceeds earmarked for general corporate use and the expansion of its Helios campus, expected to deliver 133 megawatts of IT capacity in early 2026, the company announced Friday. “Having one of the world’s largest and most sophisticated…

Institutional investors expand digital asset exposure

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Institutional investors are deepening their involvement in digital assets and emerging technologies such as blockchain and AI, according to a new State Street report — though many remain split on whether decentralized finance can ever fully blend with traditional markets. The study found that digital assets currently make up about 7% of institutional portfolios, a figure expected to climb to 16% by 2028. Most holdings are concentrated in digital cash (stablecoins) and tokenized versions of listed equities or fixed income, with respondents allocating about 1% of their portfolios to each…

Digital Assets Demand Rising: 1 In 2 Institutions To Increase Holdings Within A Year

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According to State Street’s 2025 global research, big investors are moving past trial runs and making clear bets on digital assets and blockchain. Nearly 60% of surveyed institutional investors say they plan to raise their crypto allocation in the next year. Average exposure is expected to double within three years, signaling firm plans rather than idle talk. Institutions Are Boosting Digital Asset Allocations Reports have disclosed that private markets are the first target. Private equity and private fixed income topped the list for tokenization, as firms look to open up…

Publicly Traded Bit Digital Acquires $140M in Ethereum, Becomes 3rd Largest Holder

Key Notes Bit Digital’s $150 million financing round attracted Kraken Financial, Jump Trading Credit, and Jane Street Capital. Short traders faced $21 million in liquidations as Ethereum rebounded above $4,500 following a brief correction to $4,432. The company’s mNAV stands at $3.84 per share with conversion price at 8.2% premium reflecting investor confidence. Bit Digital, a publicly traded firm focused on Ethereum ETH $4 535 24h volatility: 1.5% Market cap: $546.95 B Vol. 24h: $39.80 B treasury and staking, has announced another major purchase, while derivatives short-traders were caught off…

S&P Global to Launch Digital Markets 50 Index With 15 Cryptos, 35 Crypto-Related Stocks

Key Notes The benchmark will combine 15 digital currencies with 35 publicly traded crypto company stocks covering infrastructure and blockchain applications. Dinari’s tokenized product aims to provide unified access to US equities and digital assets through blockchain-based dShares platform. Major exchanges including Coinbase and Robinhood expand tokenized securities while TradFi giants like CME and Nasdaq pursue crypto integration. S&P Global, responsible for the S&P 500 and the Dow Jones consolidated indices, has announced the launch of the S&P Digital Markets 50 Index and a potential token tracking the benchmark for…

India to Launch RBI Digital Currency for Faster, Safer Payments

Key Notes India is planning to launch an RBI-backed digital currency. The initiative aims to ensure transparency and curb illegal transactions. Minister Piyush Goyal says the new system will work like regular money but on blockchain. India is preparing to debut its own digital currency backed by the Reserve Bank of India (RBI) guarantee, like normal currency. The initiative is part of India’s growing focus on integrating blockchain technology into its financial ecosystem. Union Minister of Commerce and Industry Piyush Goyal announced that the move aims to make transactions faster,…

Fasset Approved to Launch Stablecoin-Powered Islamic Digital Bank

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Fasset received a provisional license from Malaysia’s Labuan Financial Services Authority (FSA) to launch what the company said is the first stablecoin-powered “Islamic digital bank.” The license allows Fasset, an all-in-one financial super app, to operate within a regulated sandbox focused on Shariah-compliant financial products, the company said in a Tuesday news release. “We can now combine the credibility of a global banking institution with the innovation of a fintech insurgent that’s fully halal,” Fasset CEO Mohammad Raafi Hossain said. Islamic finance refers to the financial system based on Islamic…

Bitmine Overtakes Marathon Digital as Second-Largest Crypto Treasury with $13.4B ETH Holdings

Key Notes The company now controls over 2% of Ethereum’s total supply following aggressive Q3 accumulation strategy. BMNR stock gained 41.7% over the past month as Ethereum delivered its strongest third-quarter performance on record. Chairman Tom Lee aims to acquire 5% of ETH supply while courting AI firms and Wall Street at Token 2049. Ethereum treasury investor Bitmine Immersion Technologies (BMNR) has achieved a historic milestone, surpassing Marathon Digital to become the world’s second-largest crypto treasury holder. According to Bitmine’s official press release on October 6, the firm’s combined crypto…

Korea Blockchain Week 2025 Highlights Digital Growth and Market Opportunities

Luisa Crawford Oct 04, 2025 14:07 Korea Blockchain Week 2025 spotlighted Korea’s thriving digital economy, with significant developments in cryptocurrency trading and cultural engagement, offering unique market opportunities. Korea Blockchain Week 2025, held from September 22-28 in Seoul, showcased the country’s rapid digital growth and its burgeoning role in the global cryptocurrency market. The event highlighted Korea’s advanced digital economy and provided insights into its unique consumer base, according to a16zcrypto. The Digital Landscape In recent decades, Korea has transformed its economy,…

Nomura’s Laser Digital to Open Institutional Crypto Desk in Japan

Key Notes Nomura’s Laser Digital plans to apply for a crypto trading license in Japan. Japan’s crypto transactions doubled to ¥33.7 trillion ($230B) by mid-2025. Regulatory reforms and corporate adoption are accelerating crypto growth in the country. Nomura Holdings Inc. is preparing to deepen its presence in Japan’s rapidly expanding crypto market. The brokerage giant’s wholly owned subsidiary, Laser Digital Holdings AG, is set to apply for a license to offer crypto trading services for institutional clients in Japan. The Switzerland-based unit is currently in pre-consultation talks with Japan’s Financial…