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ETH $2,064.98 +0.89%
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SOL $79.84 +0.84%
TRX $0.3145 -0.27%
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BCH $445.08 +0.17%
LINK $8.73 +2.41%
HYPE $35.92 +2.37%
AAVE $95.57 +1.63%
SUI $0.8772 +2.35%
XLM $0.1649 +0.77%
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100 million USD for cryptocurrency and 500 BTC strategic reserves: Global corporate treasury deeply penetrates the "non-financial industry"

According to BBX data, yesterday global listed companies showed a significant trend of shifting from "early adopters" to "traditional industry pillars" in their allocation of crypto treasuries. The core data is as follows:$100 million financing: HIVE Digital (TSX-V: $HIVE) announced yesterday that it raised $100 million through a private placement. The company clearly stated that, in addition to supporting the green energy upgrade of its Swedish data center, most of the funds will be used to purchase Bitcoin spot to maintain its "full retention" reserve discipline.500 strategic purchases: Mercari (TSE: 4385), Japan's largest second-hand trading platform, confirmed yesterday that it has completed its first batch purchase of 500 BTC. Mercari plans to use this as a liquidity asset for cross-border settlement on its platform, marking the official entry of Japan's retail e-commerce giant into the era of crypto treasuries.$50 million initial purchase: Viking Holdings (NYSE: $VIK) board approved a $50 million Bitcoin purchase plan yesterday. This cruise giant stated that this move aims to leverage the global liquidity of BTC to hedge against the exchange rate risks brought by multi-national fiat currency settlements.$100 million direct investment: Interactive Brokers (NASDAQ: $IBKR) disclosed in its latest financial report update that the company has directly converted $100 million in cash from its own treasury into Bitcoin. This is distinct from the brokerage services it provides to clients, demonstrating mainstream brokers' confidence in BTC as a "corporate-level asset."

Gate announces the launch of its 13th anniversary global celebration, deepening global connections and industry collaboration

Gate announces the launch of its 13th anniversary global celebration, focusing on the theme "Your Gateway to iWeb3." Through in-depth dialogues with the founder and high-level global interactions, it aims to review its development and look ahead to industry trends with users and partners.As one of the early builders in the crypto industry, Gate has surpassed 50 million registered users and supports trading of over 4,500 assets, with spot and contract trading volumes ranking among the industry's leaders. The platform is accelerating its layout in AI and multi-asset financial systems, launching a TradFi trading area that introduces tokenized assets such as stocks, metals, indices, foreign exchange, and commodities. On the other hand, the platform is comprehensively enhancing its intelligent capabilities around infrastructures and applications like GateAI, Gate for AI, GateRouter, and GateClaw.On the occasion of its 13th anniversary, Gate will launch a series of online and offline interactive activities. The founder and CEO will engage in in-depth dialogues through live broadcasts, communicating industry trends and platform strategies with global users. At the same time, Gate will host a series of high-end global exchange activities, showcasing at Paris Blockchain Week, Hong Kong Web3 Carnival, and holding a brand 13th anniversary themed dinner in Hong Kong to further strengthen global connections.

The negotiations for the "Clarity Act" have entered a critical window period, with deep involvement from the White House becoming a unique variable

Kristin Smith, president of the Solana Policy Institute, recently shared her views on the legislative progress of the Clarity Act. She stated that although the bill faces resistance due to the withdrawal of support from Coinbase CEO Brian Armstrong and controversies in the banking sector, its complexity determines the long-term nature of the legislative process. Current negotiations exhibit two new characteristics: first, senior officials from the White House are directly involved, with presidential aides like David Sacks pushing for dispute resolution; second, traditional financial institutions are participating in negotiations for the first time.If the Senate Banking Committee can complete its review of the bill by March or April, there is hope to advance the legislation before the July recess; otherwise, the next window will not open until the fall. Smith, who previously led the Blockchain Association and spearheaded the passage of the Genius Act, believes that despite facing opposition from figures like Elizabeth Warren, the support from key Democrats such as Chuck Schumer and the ongoing pressure from President Trump are changing the odds of the bill's passage. On Wednesday, after Trump urged the banking sector to make concessions in a post on Truth Social, expectations in the market for the passage of cryptocurrency legislation within the year have noticeably increased.

After the Federal Reserve granted Kraken a master account, banking organizations expressed "deep concern."

According to market news, after the Federal Reserve approved the main account application of the cryptocurrency exchange Kraken, U.S. banking organizations expressed strong opposition, warning that this move could allow cryptocurrency institutions to access the central bank's payment system without the same regulatory protections as traditional banks.The Bank Policy Institute stated that it is "deeply concerned," believing that the Kansas City Fed approved the application before the Federal Reserve finalized the framework for a limited-purpose main account policy, and that the approval process lacked transparency. The Independent Community Bankers of America also stated that allowing non-bank entities and cryptocurrency institutions to access main accounts poses risks to the banking system. A Federal Reserve governor mentioned last month that they hope to launch a streamlined account structure later this year.Some participants in the cryptocurrency market believe that Kraken's approval signifies a breakthrough in establishing non-depository banking operations that do not rely on loans. In a previous news report, it was mentioned that Kraken was approved for a "streamlined" Federal Reserve main account, becoming the first cryptocurrency company authorized to access the Federal Reserve's core payment system, Fedwire.
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