TL;DR BNY Partners with OpenEden: BNY will manage and custody the $TBILL fund’s assets, pairing its institutional scale with OpenEden’s blockchain platform to deliver regulated tokenized
TL;DR Cardano and Hedera trusts filed: Grayscale formed general statutory trusts in Delaware for ADA and HBAR, a step that has often preceded S-1 submissions. Regulatory
TL;DR ETHZilla Stock Surges: Shares jumped over 90% after Peter Thiel acquired a 7.5% stake, reflecting strong investor confidence in the firm’s Ethereum-focused pivot. Massive ETH
TL;DR ETH Price Nears Record: ETH is trading around $4,600, just a few percent below its $4,892 all-time high, with bulls eyeing a break above $4,750
TL;DR Deal terms: MARA to buy 64% of EDF’s Exaion for $168M, with an option to reach 75% by 2027. Closing targeted Q4 2025 pending approvals;
TL;DR Stablecoin Strategy: Western Union is considering launching a dollar-backed stablecoin in non-US markets to speed up cross-border transfers and reduce reliance on correspondent banks. Partnership
TL;DR Product design: NEOS files a High Income Ethereum ETF using indirect exposure to spot Ethereum ETFs and active options trading, creating a synthetic covered call
TL;DR Partnership scope: Clearpool teams with Cicada to structure, underwrite, and administer risk-managed PayFi Credit Pools that channel DeFi liquidity to short-term working capital for fintech
TL;DR Holder trend: Long-term ADA wallets have accumulated since 2021, with coins aging four years or more and minimal profit taking, while July’s reclaim of $0.80
TL;DR Surge details: US spot Ethereum ETFs booked over $1 billion of net inflows in a day, led by BlackRock’s ETHA with nearly $640 million and
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