Ethereum’s tenth anniversary was marked by a major milestone by way of institutional crypto adoption, as cryptocurrency treasury corporations surpassed $100 billion in collective investments on Thursday.
Ethereum’s tenth birthday introduced renewed company curiosity in Ether (ETH), which noticed the ten largest company crypto treasury corporations amass over 1% of the whole Ether provide for the reason that starting of June, based on a Tuesday report by Customary Chartered.
The financial institution predicted that firms will ultimately maintain 10% of the whole Ether provide, which can see the world’s second-largest cryptocurrency surpass the financial institution’s year-end goal value of $4,000 per Ether.
Ether’s company adoption is “occurring sooner than with Bitcoin throughout its early treasury adoption section,” since Ether allows firms to faucet into staking yields and “actively generate worth,” Enmanuel Cardozo, market analyst at Brickken asset tokenization platform, informed Cointelegraph.
Ethereum turns 10: Right here’s how its booms and busts formed historical past
Ethereum celebrated its 10-year anniversary on Wednesday, with renewed institutional momentum fueling hopes that Ether (ETH) may problem its all-time excessive set in November 2021.
Over the previous decade, Ethereum has turn into the biggest decentralized finance (DeFi) blockchain, with practically $85 billion in complete worth locked (TVL) on the time of writing.
Vitalik Buterin, Ethereum’s co-founder, circulated an early model of the white paper in 2013. The mission raised $18.3 million in its preliminary coin providing (ICO) and formally launched in 2015 as a blockchain for good contracts. Its cryptocurrency, Ether, now ranks because the second-largest cryptocurrency by market capitalization after Bitcoin (BTC).
Right here’s a glance again into Ethereum’s first decade, that includes the ICO growth, DeFi summer time and the rise and fall of non-fungible tokens (NFTs).
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Company crypto treasury holdings high $100 billion as Ether shopping for accelerates
Company cryptocurrency treasuries are rising as a brand new class of public corporations bridging conventional finance and digital property, signaling rising institutional curiosity in crypto.
Company cryptocurrency treasury corporations, together with Technique, Metaplanet and SharpLink, have collectively amassed about $100 billion value of digital property, based on a Galaxy Analysis report launched Thursday.
Bitcoin (BTC) treasury corporations maintain the lion’s share, with over 791,662 BTC value about $93 billion on their books, representing 3.98% of the circulating provide. Ether (ETH) treasury corporations maintain 1.3 million ETH tokens, value greater than $4 billion, representing 1.09% of the Ether provide, the report mentioned.
Company consumers have gotten a key supply of Ether liquidity alongside US spot ETH exchange-traded funds, which just lately posted 19 consecutive days of web inflows, a document for the merchandise.
Since July 3, the Ether ETFs amassed $5.3 billion value of ETH as a part of their document profitable streak, Farside Buyers knowledge exhibits.
Extra company shopping for and continued ETF inflows could assist Ether surpass the $4,000 psychological mark, which can also be the year-end value goal of Customary Chartered, the financial institution mentioned in a Tuesday analysis report.
“We predict they might ultimately find yourself proudly owning 10% of all ETH, a 10x improve from present holdings,” the financial institution mentioned, including that Ether treasury corporations have extra progress potential than Bitcoin treasuries, from a “regulatory arbitrage perspective.”
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Bitcoin miner Phoenix Group launches $150 million crypto treasury for BTC, SOL
Abu Dhabi-based Bitcoin miner Phoenix Group launched a $150 million strategic cryptocurrency reserve, changing into the primary publicly listed firm on the Abu Dhabi Securities Change (ADX) to ascertain a digital asset treasury.
The corporate mentioned Thursday the reserve consists of 514 Bitcoin (BTC) and 630,000 Solana (SOL), describing it as a long-term holding technique.
This makes Phoenix Group the primary firm listed on the ADX to ascertain a strategic cryptocurrency treasury, the corporate mentioned in an announcement shared with Cointelegraph.
“Holding Bitcoin and different strategic digital property isn’t nearly publicity. It’s about alignment,” mentioned Munaf Ali, co-founder and CEO of Phoenix Group. “We imagine within the long-term worth these networks symbolize, and our treasury technique displays that perception.”
Phoenix Group was one of many 5 most-traded and best-performing shares on the ADX within the second quarter of 2025 after its share value rose by over 72% from April to June.
More and more extra Bitcoin mining corporations are contemplating altcoins as a part of their steadiness sheet, signaling extra institutional demand for cryptocurrencies past Bitcoin.
Publicly listed Bitcoin mining agency BitMine Immersion Applied sciences turned the biggest Ether (ETH) treasury agency after asserting plans to accumulate as much as 5% of Ether’s provide.
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Metaplanet plans to lift further $3.7 billion to purchase Bitcoin
Japanese funding agency Metaplanet is searching for to lift 555 billion yen ($3.73 billion) by way of a brand new inventory providing to help its aggressive Bitcoin accumulation technique.
The corporate, which is called “Asia’s Technique,” introduced Friday that it’s going to concern perpetual most popular shares to fund its objective of buying 210,000 Bitcoin (BTC) by the top of 2027. The shares will supply as much as a 6% annual dividend, relying on market situations and investor demand.
“The Firm intends to actively pursue fairness financing as a part of its ‘Bitcoin Technique,’ which goals to accumulate 210,000 BTC by the top of 2027,” it mentioned. “We imagine that introducing Bitcoin-backed most popular shares represents a pioneering effort to fill this hole.”
Metaplanet’s inventory providing comes a day after Cointelegraph reported company crypto treasury corporations had surpassed $100 billion in collective investments, with Bitcoin-focused treasuries amassing $93 billion value of that worth.
Continued company accumulation from the likes of Technique and Metaplanet, paired with the rising cash provide, may push Bitcoin’s value above $132,000 earlier than the top of 2025 primarily based on Bitcoin’s correlation with the worldwide M2 cash provide.
Technique, the world’s largest company Bitcoin treasury agency, has launched related capital-raising efforts. On July 22, the agency introduced a brand new sort of Bitcoin-backed inventory pegged to $100 per share with an preliminary month-to-month dividend of 9% yearly.
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Former SEC official joins Veda as common counsel amid DeFi growth
Decentralized finance platform Veda has appointed a former US Securities and Change Fee (SEC) official to its ranks because it ramps up efforts to increase crosschain yield merchandise geared toward institutional traders.
TuongVy Le, who spent practically six years on the SEC as chief counsel and senior adviser within the Enforcement Division and the Workplace of Legislative and Intergovernmental Affairs, has joined Veda as common counsel, the corporate introduced Tuesday.
Throughout her SEC tenure, Le suggested Congress on early drafts of digital asset laws and served on the Commodity Futures Buying and selling Fee’s (CFTC) International Markets Advisory Committee.
In accordance with her LinkedIn profile, Le was concerned in a few of the SEC’s earliest crypto enforcement actions.
She served within the SEC’s Enforcement Division from 2016 to 2021, a pivotal interval within the company’s crackdown on unregistered securities choices tied to preliminary coin choices (ICOs).
Throughout that point, the SEC introduced actions in opposition to the promoters of BitConnect’s lending program and in opposition to LBRY, alleging each carried out unregistered securities choices. In 2021, the company additionally initiated one among its earliest DeFi-related enforcement actions, charging Blockchain Credit score Companions with securities fraud.
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DeFi market overview
In accordance with knowledge from Cointelegraph Markets Professional and TradingView, many of the 100 largest cryptocurrencies by market capitalization ended the week within the crimson.
Solana-native meme token Fartcoin (FARTCOIN) fell 28%, marking the week’s largest decline within the high 100, adopted by the Bonk (BONK) memecoin, down over 23% on the weekly chart.
Thanks for studying our abstract of this week’s most impactful DeFi developments. Be part of us subsequent Friday for extra tales, insights and schooling relating to this dynamically advancing house.
