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News Bytes – Page 67 – DIGIT INFO

IMF Recommends Including Bitcoin in National GDP Calculations

The International Monetary Fund (IMF), a Washington DC-based financial institution under the United Nations, published an article on Thursday recommending what it calls “an updated System of National Accounts” (SNA), that measures and incorporates the value of emerging technologies, including Bitcoin and other cryptocurrencies, in the calculation of a country’s gross domestic product (GDP). The … Read more

Kraken Plans to Raise $500 Million at $15 Billion Valuation Ahead of Potential IPO

Crypto exchange Kraken is reportedly planning to raise $500 million at a $15 billion valuation as it prepares for a potential initial public offering (IPO) in early 2026, according to The Information. With a daily trading volume of approximately $1.25 billion, Kraken aims to solidify its valuation and maintain momentum after recent legal victories. The … Read more

Phoenix Group Formalizes $150M Crypto Treasury in Q2 2025 Results

Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily consists of 514 BTC and over 630,000 SOL. The company generated … Read more

Caitlin Long Joins Publicsquare Board

PSQ Holdings, Inc. (NYSE: PSQH), also known as Publicsquare, announced on Wednesday, the appointment of longtime crypto advocate and Custodia Bank CEO Caitlin Long, to its board of directors. Publicsquare owns multiple brands including a marketplace of American-made items, a payments platform, a financing arm, and an online store for premium baby products. The company … Read more

Australian Digital Asset Firm Adopts ‘Collateral Mirroring’ for Institutional Crypto

An Australian digital asset investment firm, Jelly C, has joined a new “collateral mirroring” program, enabling lower-risk institutional crypto trading via the OKX exchange. This program uniquely allows Standard Chartered, a global investment bank, to handle asset custody. Jelly C will primarily use Franklin Templeton’s tokenized money market fund (TMMF) as off-exchange collateral for trading … Read more

Rodriguez, Hill Plead Guilty in Samourai Wallet Case, Laundering Charges Wiped

Keonne Rodriguez and William Lonergan Hill, developers of the Bitcoin privacy wallet Samourai Wallet, pleaded guilty to conspiring to operate an unlicensed money transmitting business in New York federal court on July 30, 2025. According to a report from The Rage, as part of their plea agreements, prosecutors dropped more serious money laundering conspiracy charges, … Read more

Coinshares Launches SEI ETP With Zero Management Fees and 2% Staking Yield on SIX Exchange in Switzerland

Coinshares announced the launch of the Coinshares Physical Staked SEI (Ticker: CSEI), the first zero-fee exchange-traded product (ETP) providing regulated access to SEI, a high-performance layer 1 blockchain. This product aims to meet the growing demand from European institutional investors for diversified blockchain exposure by eliminating previous barriers to accessing SEI, which is designed for … Read more

Etoro Unveils 24/5 Trading and Launches US-Listed Equities as ERC20 Tokens

Social trading network Etoro (NASDAQ: ETOR) has announced its evolution toward a tokenized future during a webinar where Co-founder and CEO Yoni Assia emphasized the company’s long-standing belief in tokenization as a means to facilitate the transfer of wealth through blockchain technology. Etoro plans to expand its trading offerings to include 100 popular US-listed stocks … Read more

Falconx Expands Into Latin America, Partnering With Major Financial Institutions

Falconx, a leading institutional digital asset prime broker, has announced its expansion into Latin America, partnering with major financial institutions such as BTG Pactual and Mercado Bitcoin. This move aims to support the region’s rapidly growing institutional crypto market by providing a comprehensive suite of prime brokerage services, including deep global liquidity and capital efficiency … Read more

Crypto Wealth Platform Nexo Co-Founders Dine With President Trump at Golf Course Opening

U.S. President Donald Trump officially opened the new Trump International Golf Links course in Aberdeen, Scotland, which will host the inaugural Nexo Championship from August 7 to 10, 2025. The event marks a collaboration between digital finance and global golf, with Nexo co-founders Antoni Trenchev and Kosta Kantchev in attendance, alongside Scottish First Minister John … Read more

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