Tag: Asset

Morgan Stanley to launch digital asset wallet as part of crypto product expansion

admin

Morgan Stanley has plans to launch a digital asset wallet in 2026 as the financial services giant continues expanding its crypto investment product offerings to clients.  The wallet is built to support cryptocurrencies and real-world tokenized assets (RWAs), including stocks, bonds and real estate, with plans to support more assets over time, according to Barron’s.  In September, the company announced that it would allow users of the E*Trade brokerage platform, which it owns, to trade cryptocurrencies including Bitcoin (BTC), Solana (SOL) and Ether (ETH) in 2026. The total value of…

Coincheck Group to Acquire Digital Asset Manager 3iQ in $112M Stock Deal

admin

Coincheck Group, the Nasdaq-listed holding company behind one of Japan’s largest cryptocurrency exchanges, has agreed to acquire a 97% stake in Canadian digital asset manager 3iQ from its majority owner, Monex Group. The stock-purchase transaction values 3iQ at $111.84 million, using Coincheck Group shares priced at $4 each. Coincheck Group said it intends to offer the same terms to 3iQ’s minority shareholders, which would give it full ownership if the deal is completed.  The deal is expected to close in the second quarter, subject to regulatory approvals and other customary…

Nasdaq-listed Coincheck to acquire 3iQ for $112M to bolster digital asset offerings

admin

Key Takeaways Coincheck Group is acquiring 3iQ, a Canadian digital asset manager, for $112 million. This acquisition involves a stock purchase agreement, granting Coincheck 97% ownership of 3iQ. Share this article Nasdaq-listed Coincheck Group NV, which operates one of Japan’s leading crypto exchanges, has entered into an agreement to acquire 97% of Toronto-based digital asset investment manager 3iQ, according to a Thursday press release. The deal, valued at approximately $112 million, involves the exchange of shares owned by Monex, Coincheck Group’s majority shareholder, for newly issued ordinary shares of Coincheck…

Senate Agriculture and Banking Committees to hold markup on digital asset legislation on January 15

admin

Key Takeaways Two Senate committees plan markup hearings on January 15 to advance sweeping digital asset legislation. The focus of the hearing is to debate and advance legislation targeting crypto market structure. Share this article The US Senate Agriculture and Banking Committees will both hold Jan. 15 markups on crypto market structure legislation that aims to clarify regulatory frameworks for digital assets, defining roles for both the CFTC and SEC. If approved by both committees, the bills would be reconciled and coordinated with the House-passed CLARITY Act before heading to…

Strategy stock soars as MSCI pauses plan to drop digital asset treasury firms

admin

Key Takeaways Strategy, previously MicroStrategy, saw a post-market stock increase. MSCI decided not to remove digital asset treasury firms from its indexes. Share this article Shares of Strategy (MSTR) rose over 6% in after-hours trading on Tuesday after MSCI said it would not proceed with a proposal to remove digital asset treasury companies (DATCOs) from its benchmark indexes in the February 2026 review. MSTR fell about 4% on Tuesday to close near $158, leaving the stock roughly 67% below its July 2025 peak of $434, per Yahoo Finance. The stock…

MSCI Keeps Digital Asset Treasury Companies in Indexes

admin

MSCI announced it will keep digital asset treasury companies in its global indexes, citing investor feedback and the need for further study on non-operating firms. Shares in Michael Saylor’s Strategy rose 5.7% after Morgan Stanley Capital International (MSCI) decided not to exclude digital asset treasury companies from its market index, for now. In a note published Tuesday, MSCI said digital asset treasury companies (DATCOs)would, however, be subject to broader consultations to distinguish between investment companies and other companies that hold digital assets as part of their core operations. ”This broader…

Nasdaq-listed BitVentures to start Bitcoin and altcoin mining with new digital asset division

admin

Key Takeaways BitVentures has officially launched its Digital Assets segment and entered the crypto mining industry. In building its new segment, the company has acquired multiple fleets of Bitmain mining machines. Share this article BitVentures, a Nasdaq-listed tech company, today announced the official launch of its Digital Assets segment, a unit focused on crypto mining and digital asset operations, including staking, node services, and ecosystem partnerships. As part of the expansion, the company has entered into purchase and hosting agreements to acquire multiple fleets of Bitmain mining machines with approximately…

$1.6 Trillion Asset Manager Goes Deep Into XRP, Shares Reason Behind The Move

admin

A major institutional player in global finance has made its position on XRP clear, placing the cryptocurrency at the center of its digital asset strategy. Franklin Templeton, an asset management firm handling over $1.6 trillion worth of assets, used a recent post on the social media platform X to explain why it is going deep into XRP as an asset, while also drawing attention to its Spot exchange-traded product, XRPZ. This interesting comment is part of a growing institutional confidence in XRP and the XRP Ledger. Franklin Templeton’s Strategic Entry…

XRP Becomes Most Bought Digital Asset, Bitcoin And Ethereum Bleed $500 Million

admin

XRP, Bitcoin, and Ethereum are displaying sharply diverging fund flow trends, with XRP emerging as the most accumulated digital asset in the latest CoinShares Digital Asset Fund Flows Weekly Report. With Bitcoin and Ethereum jointly recorded nearly $500 million in outflows, the data illustrates a shift in investor positioning away from the market’s largest assets toward select alternatives amid ongoing volatility. XRP Inflows Highlight Selective Demand Contrasting sharply with the redemptions sweeping through Bitcoin and Ethereum products, XRP has continued to register major inflows. CoinShares data shows XRP-linked investment vehicles…

Truth Social ETFs debut on NYSE as Trump Media eyes digital asset expansion

admin

Key Takeaways Trump Media & Technology Group has launched five truth-themed exchange-traded funds (ETFs) on the NYSE through its fintech brand, Truth.Fi. The companies plan to roll out equity and digital asset funds in 2026. Share this article Trump Media & Technology Group and Yorkville America Equities have launched five new Truth Social ETFs on the New York Stock Exchange, according to a Tuesday announcement. The ETFs include Truth Social American Security & Defense ETF (TSSD), Truth Social American Next Frontiers ETF (TSFN), Truth Social American Icons ETF (TSIC), Truth…