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T. Rowe Price, one of the biggest old-school fund managers in the US with roots stretching back to 1937, is finally dipping its toes into crypto, but not just with another Bitcoin tracker.
A Oct. 22 SEC filing reveals the $1.8 trillion firm wants to run a fund with a “diversified basket of crypto assets,” targeting between 5-15 coins weighted differently than the usual market cap approach.
They...
Stablecoins were used to move roughly $46 trillion over the past 12 months, according to new a16z crypto report. Beyond that, over $80 trillion has been processed in crypto trading volume across the same time period.
Framed against payment “flows,” the stablecoin tally places on-chain dollars within low single-digit share of global settlement, and it is beginning to sit alongside mainstream rails...
Some of Bitcoin’s biggest holders, popularly known as whales, are quietly moving billions of dollars’ worth of coins into spot exchange-traded funds (ETFs).
On Oct. 21, Bloomberg reported that these whales executed roughly $3 billion in in-kind transfers through BlackRock’s iShares Bitcoin Trust (IBIT). Instead of selling, they handed their Bitcoin to the ETF in exchange for fund shares, a...
The National Hockey League (NHL) has reached licensing agreements with prediction market platforms Kalshi and Polymarket, making it the first major US professional sports league to permit the use of its trademarks by prediction markets, or “licensed betting markets.”
As The Wall Street Journal reported on Oct. 22, the multiyear deals grant both platforms rights to use the NHL logo, terms such as...
This week, the Ethereum ecosystem has been rocked by a $654 million ETH transfer by the Ethereum Foundation. This triggered intense scrutiny over developer compensation, transparency, and leadership, culminating in the public resignation of core developer Péter Szilágyi and renewed criticism of governance practices.
Simultaneously, Polygon’s AggLayer upgrade has faced launch delays and network...
Hong Kong has approved the city’s first spot Solana ETF, a move that positions it once again at the front of regulated digital asset access in Asia. The product, launched by ChinaAMC, the Hong Kong arm of Chinese fund manager China Asset Management, begins trading on Oct. 27 across HKD, USD, and RMB counters on the Hong Kong Stock Exchange. It will hold physical SOL backed by the CME CF Solana-...
Wall Street’s biggest balance sheets are quietly rebuilding the crypto stack under the banner of tokenization and custody.
What began as a defensive stance toward digital assets is turning into an infrastructure shift: bringing fund administration, cash management, and settlement onto blockchain rails that look more like BNY Mellon’s LiquidityDirect platform than a typical crypto exchange.
Since...
Moon Inc. (HKEX: 1723), formerly HK Asia Holdings Limited, has raised about US$8.8 million through new shares and convertible notes and will roll out a Bitcoin prepaid card across Asia, positioning a Hong Kong–listed issuer on retail cash rails.
The company secured roughly HK$65.5 million via a private placement, combining the allotment of new shares with convertible notes that expand balance...
Geneva, Switzerland – October 22, 2025 – Leading blockchain firms Messari, Presto Research, and RWA.io have released comprehensive research reports highlighting TRON’s sustained network growth and its expanding influence across global markets. Collectively, the reports underscore TRON’s dominance in stablecoin infrastructure, its strengthening role as a global settlement layer for digital...
When Kadena Organization, the company behind the Kadena blockchain, announced it was shutting down operations on Oct. 21, the message was formal, quiet, and devastatingly simple.
The company thanked its community, cited “market conditions,” and confirmed that it would cease all business activity and maintenance of the blockchain immediately.
In a final note on X, the team reminded users that the...