After months of sliding digital asset prices, public companies that embraced Bitcoin (BTC) as a treasury strategy are facing renewed scrutiny. Activist investors are now challenging those balance-sheet bets, echoing broader concerns about the volatility and long-term viability of the corporate Bitcoin model. Stablecoins, meanwhile, continue to anchor the market. Circle posted a stronger-than-expected fourth quarter, even as early signs of a so-called “crypto winter” began to surface. However, not every payments player is sharing in that momentum. PayPal’s push into digital assets, including the launch of its PayPal USD…
Tag: Treasury
Sygnum Select Launches Institutional Crypto Treasury Service
Global digital asset banking group Sygnum has announced the launch of an institutional crypto asset management service targeting the $100 billion corporate crypto treasury sector. Sygnum Select, launched on Thursday, is described as a “discretionary mandate service” that applies Swiss banking’s established portfolio management model to crypto assets. The service launches with live client mandates, client assets, and $200 million in actively managed portfolios already in place, a Sygnum spokesperson told Cointelegraph. The move comes amid solid growth in corporate and public digital asset treasury companies (DATs) over the last…
Tokenized US Treasury Market Surges by $1B Since Beginning of Year
The tokenized US Treasury market has surged by over $1 billion since the beginning of 2026, despite macroeconomic uncertainty and concerns over the US government’s growing national debt. Tokenized US Treasurys are government debt instruments that are a form of real-world assets (RWAs) represented onchain by a token. The market capitalization of tokenized Treasurys climbed to more than $10.8 billion at the time of writing from $8.9 billion on Jan. 1, according to data from RWA.xyz. The tokenized US Treasury market has grown to over $10.8 billion. Source: RWA.xyz. The…
Ethereum treasury FG Nexus sells 7,550 ETH amid mounting losses
FG Nexus, a corporate treasury firm focused on Ethereum accumulation, staking, and yield generation, offloaded 7,550 ETH worth about $14 million on Wednesday, continuing a pattern of asset sales that marks a sharp reversal from its earlier accumulation strategy, according to data tracked by Lookonchain. Ethereum treasury firm FG Nexus(@FGNexusio) sold another 7,550 $ETH($14.06M) today. In August and September 2025, they bought 50,770 $ETH($196M) at $3,860 avg. On October 22, 2025, they announced plans to sell their property to buy more $ETH. But less than a month later, they… pic.twitter.com/m5cFreTBQk…
WisdomTree Launches 24/7 Trading for Tokenized Treasury Money Market Fund
US-based asset manager WisdomTree has launched 24/7 trading and instant settlement for the WisdomTree Treasury Money Market Digital Fund (WTGXX), enabling round-the-clock secondary trading of a registered tokenized mutual fund within the US regulatory framework. The company said it is the first time a registered tokenized mutual fund has been allowed to trade and settle around the clock under the Investment Company Act of 1940 using a dealer-principal model. The structure allows shares to settle instantly, giving investors real-time access to yield-bearing US Treasurys exposure. To implement the model, WisdomTree…
Tom Lee’s Ethereum treasury Bitmine holds 4.4M ETH worth $8.5B
Bitmine Immersion Technologies (BMNR), the largest Ethereum treasury led by Thomas “Tom” Lee, reported today that its Ethereum holdings have reached 4.4 million coins, valued at approximately $8.5 billion. With a current stake of about 3.7% of Ethereum’s circulating supply, Bitmine is steadily progressing toward its 5% target, completing 74% of its intended accumulation. Lee said in a statement that Bitmine would stay focused on a disciplined accumulation of Ethereum despite a pullback in prices. He noted that the current market is an opportunity given ETH’s growing utility and adoption.…
Bitcoin Miner Bitdeer Liquidates Entire BTC Treasury, Holdings Fall to Zero
Bitcoin mining firm Bitdeer has sold all of its corporate Bitcoin holdings, reducing its treasury balance to zero, according to the company’s latest operational update. In its latest weekly report, Bitdeer disclosed that its “pure holdings,” excluding customer deposits, have fallen to 0 Bitcoin (BTC). The report shows the company produced 189.8 BTC during the period and sold the full amount, alongside an additional 943.1 BTC, which was liquidated from its existing treasury reserves. In its earlier update on Feb. 13, the miner still held 943.1 BTC, selling 179.9 BTC…
ProShares Launches Treasury ETF for GENIUS Stablecoin Reserves
US-based exchange-traded funds issuer ProShares has launched a money market ETF designed to qualify as an eligible reserve asset under the GENIUS Act, positioning it for potential use by stablecoin issuers. The ProShares GENIUS Money Market ETF, trading under the ticker IQMM, invests exclusively in short-term US Treasurys. Unlike conventional government money market funds, it uses a floating net asset value (NAV) based on market pricing and trades intraday on an exchange. According to an announcement on Wednesday, the structure includes same-day settlement and dual NAV features designed for institutional…
Modern Treasury Adds Stablecoin Settlement to PSP
Modern Treasury, a payments operations software provider that helps companies manage and reconcile money movement, has introduced an integrated payment service provider (PSP) that supports both traditional fiat rails and stablecoins. On Wednesday, the company announced that it has added stablecoin settlement to the same infrastructure that businesses already use for ACH transfers, wire payments and real-time payment networks. At launch, the platform supports Global Dollar (USDG), Pax Dollar (USDP) and USDC (USDC), with USDt (USDT) expected to be added in the future. Modern Treasure acquired stablecoin and fiat payment…
Peter Thiel sells entire stake in Ethereum treasury ETHZilla
Peter Thiel, the billionaire venture capitalist who co-founded PayPal and Palantir Technologies, and his Founders Fund have completely divested from ETHZilla, a firm that holds Ethereum as its core treasury asset, according to a new SEC filing. Thiel reported acquiring a 7.5% stake in ETHZilla last August. The investor group also disclosed holding over 9% of BitMine Immersion, the largest Ethereum treasury firm. The investors sold their entire stake in ETHZilla as of Dec. 31, 2025. Their departure marks a reversal from an earlier position that had been viewed as…