Despite its mounting losses and plunging share price, the ether treasury firm says it's under no pressure to sell its holdings.
Larger rival Sberbank beat Sovcombank to the punch, but it's still running as a pilot program.
Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market.
Collateralized, market-neutral strategies, not DeFi or smart contracts, are driving renewed institutional interest, says GlobalStake co-founder Thomas Chaffee.
ETHZilla’s shift toward tokenization comes after a sharp downturn in its core crypto holdings.
Shares of the company fell 5% in pre-market trading.
" I’m more confident than ever that crypto is going to fundamentally rewire the circuitry of finance," said Samani, who will remain chairman of Solana treasury company, Forward Industries.
The initiative is part of CME's push into tokenized collateral, and the firm is collaborating with Google on a “tokenized cash” solution set to launch later this year.
Leaders across the layer-2 space don't see this moment as an existential threat, but rather that Ethereum’s progress is forcing them to clarify their purpose.
The Japanese bank said tighter positions and risk limits at Laser Digital are designed to reduce short-term volatility, not signal a pullback from crypto.