Ethereum’s tenth anniversary was marked by a major milestone when it comes to 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 overall Ether provide because the starting of June, in line with a Tuesday report by Customary Chartered.
The financial institution predicted that firms will ultimately maintain 10% of the overall Ether provide, which can see the world’s second-largest cryptocurrency surpass the financial institution’s year-end goal worth of $4,000 per Ether.
Ether’s company adoption is “occurring quicker 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 grow to be the biggest decentralized finance (DeFi) blockchain, with practically $85 billion in whole 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 undertaking 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 increase, DeFi summer time and the rise and fall of non-fungible tokens (NFTs).
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Company crypto treasury holdings prime $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 belongings, 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 belongings, in line with 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 stated.
Company patrons have gotten a key supply of Ether liquidity alongside US spot ETH exchange-traded funds, which not too long ago posted 19 consecutive days of web inflows, a file for the merchandise.
Since July 3, the Ether ETFs amassed $5.3 billion value of ETH as a part of their file profitable streak, Farside Traders knowledge reveals.
Extra company shopping for and continued ETF inflows might assist Ether surpass the $4,000 psychological mark, which can also be the year-end worth goal of Customary Chartered, the financial institution stated in a Tuesday analysis report.
“We expect they might ultimately find yourself proudly owning 10% of all ETH, a 10x improve from present holdings,” the financial institution stated, 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 Trade (ADX) to determine a digital asset treasury.
The corporate stated Thursday the reserve contains 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 determine a strategic cryptocurrency treasury, the corporate stated in an announcement shared with Cointelegraph.
“Holding Bitcoin and different strategic digital belongings isn’t nearly publicity. It’s about alignment,” stated Munaf Ali, co-founder and CEO of Phoenix Group. “We consider within the long-term worth these networks characterize, 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 worth rose by over 72% from April to June.
More and more extra Bitcoin mining corporations are contemplating altcoins as a part of their stability sheet, signaling extra institutional demand for cryptocurrencies past Bitcoin.
Publicly listed Bitcoin mining agency BitMine Immersion Applied sciences grew to become the biggest Ether (ETH) treasury agency after asserting plans to amass 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 in search of 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 named “Asia’s Technique,” introduced Friday that it’ll subject perpetual most popular shares to fund its aim of buying 210,000 Bitcoin (BTC) by the tip of 2027. The shares will provide 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 amass 210,000 BTC by the tip of 2027,” it stated. “We consider 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 worth above $132,000 earlier than the tip 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 comparable 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 Trade 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) World Markets Advisory Committee.
Based on 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 towards the promoters of BitConnect’s lending program and towards LBRY, alleging each carried out unregistered securities choices. In 2021, the company additionally initiated one in every of its earliest DeFi-related enforcement actions, charging Blockchain Credit score Companions with securities fraud.
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DeFi market overview
Based on knowledge from Cointelegraph Markets Professional and TradingView, many of the 100 largest cryptocurrencies by market capitalization ended the week within the purple.
Solana-native meme token Fartcoin (FARTCOIN) fell 28%, marking the week’s largest decline within the prime 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 training relating to this dynamically advancing house.
