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BitGo Discloses its Financials in Latest SEC Filing Ahead of IPO

by admin September 21, 2025

BitGo, a U.S.-based cryptocurrency custody firm, has said that its revenue in the first half of 2025 was $4.19 billion, almost four times what it was the year before. The firm also stated that its net profit was $12.6 million in its IPO filing with the U.S. Securities and Exchange Commission (SEC).

The disclosure comes amid BitGo officially filing an S-1 registration statement to go public via an IPO. The company intends to list on the New York Stock Exchange (NYSE) under the ticker symbol BTGO, with investment banks Goldman Sachs and Citigroup serving as underwriters.

In its SEC filing, which the company made public on September 20, 2025, it cited that the finances are for the years ending December 31, 2022-2024, plus the first half of 2025. The company wants to raise capital, give investors access to liquidity, and maybe take advantage of its strong financial performance. The papers show that the company has made notable profit recently and is likely betting on investors being interested in digital asset custody as the use of cryptocurrencies and institutional demand for them grows.

SEC engages BitGo on Project Crypto

As part of the SEC’s Project Crypto program, BitGo executives, including CEO Mike Belshe and VP of Corporate Development J. Baylor Myers, met with SEC Chairman Paul Atkins earlier this month on September 12. The main points of the discussion focused on updating custody rules for digital assets and strengthening cybersecurity and private key protections.

Also Read: Trust Wallet Token Price Surges 30% to $1.26 Following CZ X Post

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September 21, 2025 0 comments

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XRP’s Biggest Drawback Uncovered by Top Analyst, It Is Not Price

by admin September 21, 2025

XRP, within the week, dipped below the psychological $3 level again and shed 6.21% in the last seven days. This long, drawn-out consolidation has raised concerns among XRP investors. Versan Aljarrah, the founder of Black Swan Capitalist, has shared new insights into the seeming stagnation in the price of the asset.

XRP price suppression strategy

Aljarrah claims that the low price of XRP is not a weakness in the momentum of the asset. Rather, it is due to major institutions intentionally suppressing it for their own interest. According to him, these powerful traditional institutions are looking to stockpile XRP at this low price, hence the deliberate suppression.

We agree, #XRP isn’t stuck, it’s being stalled, the strategic value alone confirms it,

If the dollar is overextended and liquidity is strained as a result, XRP is the alternative source and bridge that provides liquidity for institutions,

Thats how it becomes the solution. https://t.co/ZadNEIUhhk

— Black Swan Capitalist (@VersanAljarrah) September 19, 2025

Aljarrah appears aligned with the views of Jim Willie, who alleged that big banks, including BlackRock, the asset manager, are actively accumulating the asset to have leverage when the price soars to over $7-$8, where it ought to be at this point.

Both views imply that there is a deliberate conspiracy going on that involves the manipulation of XRP’s price. Aljarrah and Willie maintain that this is deliberate so that these powerful financial institutions can buy it cheaply before it gains adoption in the traditional finance space.

“If the U.S. dollar is overextended and liquidity is strained as a result, XRP is the alternative source and bridge that provides liquidity for institutions,” Aljarrah wrote.

The Black Swan Capitalist founder believes XRP could serve as a “bridge currency” that supplies liquidity for global transactions when the U.S. fiat currency faces stress.

XRP price performance and ETF anticipation

XRP slipped from a peak of $3.05 as the $3 support gave way due to market volatility. As of this writing, XRP price was changing hands at $2.98, which represents a 1.75% decline in the last 24 hours of trading. This has triggered caution among investors as trading volume has declined by a significant 27.53% to $4.08 billion within the same time frame.

XRP traders have been in a sell mode after the asset’s Bollinger Bands signaled the $3 support might give way earlier in the week. This technical signal, combined with XRP’s performance history for September, could be behind the significant pullback seen on the part of market participants.

Meanwhile, the broader crypto industry awaits the decision of the Securities and Exchange Commission (SEC) on spot XRP exchange-traded funds (ETFs). Many believe an approval will trigger a price surge.

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September 21, 2025 0 comments

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Ripple Meets With US And US Government To Talk Crypto – Here’s What Happened

by admin September 21, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple is participating in new talks between U.S. and U.K. officials regarding crypto cooperation. With the U.K. establishing itself as a hub for digital assets and the U.S. seeking stronger ties with London, Ripple’s role in these discussions positions the company at the center of the conversation.

Ripple Joins High-Level Talks On Crypto Cooperation

In a tweet shared on X, analyst Nietzbux wrote that Ripple just met with the U.S. and U.K. governments on crypto cooperation. According to the post, Ripple’s involvement in the high-level discussion could shape the next phase of crypto regulation and collaboration. The meeting, which took place on Tuesday when the President of the United States and members of the U.K. Royal family talked, gave the crypto discussions even more weight.

According to Nietzbux’s report, UK Chancellor Rachel Reeves and U.S. Treasury Secretary Scott Bessent led the meeting. Both parties discussed new ways the two countries could cooperate on digital assets and how to establish stronger systems for the crypto industry. Reeves and Bessent met with representatives from Bank of America, Barclays, Circle, Citi, Coinbase, and Ripple.

Banks and crypto companies sat in the same room, as Reeves and Bessent pointed out that the governments of the U.S. and the U.K. are considering their differing opinions before implementing crypto rules that may impact the global crypto market. This kind of gathering highlights the international attention now focused on crypto.

Ripple’s expanding influence in bridging traditional finance and blockchain systems could have earned it its seat at the table. Cassie Craddock, Ripple’s managing director for the U.K. and Europe, points to the governments and crypto companies working together, saying the gains can spread past cryptocurrency and help the global economy.

Ripple’s Cassie Craddock Says Cooperation Could Shape Global Standards

Discussing the significance of this partnership, Cassie Craddock said the planned collaboration between the two governments has “the potential to set a template for international cooperation in our industry.” By this, she explained that the talks are not only about the U.S. and U.K., but could also guide how other countries decide to work together on digital assets.

Ripple’s Craddock highlighted the strengths of the U.K. financial sector, noting its strong economy, deep financial markets, and skilled workforce as factors that have made the U.K. one of the world’s top financial hubs for many years.

According to her, the countries are ready to use their existing strengths to lead in digital assets and innovation, which is why Ripple is advocating for deeper cooperation at this level. She added that cooperation between the U.S. and the U.K. could help both countries use blockchain technology more effectively.

XRP trading at $0.21 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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September 21, 2025 0 comments

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Little Pepe price targets if it mirrors Cardano’s 2021 rally

by admin September 21, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Little Pepe presale breaks records, aiming for Cardano’s explosive 2021 surge.

Summary

Little Pepe presale hits $25.5m, building an Ethereum L2 for memes with fast, cheap, sniper-bot resistant features.
Stage 13 presale at $0.0022 sold 15.7b tokens; it’s CertiK-audited and CoinMarketCap-listed, boosting investor confidence.
LILPEPE could surge 1,400% to $0.033, offering early buyers potential 15x returns.

The crypto market has seen unforgettable rallies, but few compare to Cardano’s (ADA) explosive run in 2021.

ADA surged from pennies to over $3, delivering massive gains to early believers and cementing itself among the top cryptocurrencies. Traders are searching for which project could repeat that kind of move. One name keeps surfacing: Little Pepe (LILPEPE). With its presale already breaking records, LILPEPE’s setup looks eerily similar to Cardano before its breakout.

Cardano’s historic rally

The increase of Cardano in 2021 was due to more developers using it, the ecosystem developing, and the excitement around its smart contract deployment. ADA started the year at less than $0.20 and then shot up to over $3 in September, a gain of more than 1,400% in less than nine months.

That rally created fortunes and proved that underdog projects can climb into the ranks of the largest cryptos almost overnight. The scale of that move is now the benchmark many analysts use when identifying the next breakout candidate. For 2025, attention is on LILPEPE as the memecoin positioned to follow a similar trajectory.

LILPEPE’s early momentum

Little Pepe is more than just a meme token. The project is developing an Ethereum Layer-2 blockchain exclusively for memecoins, designed to be fast, cheap, and sniper-bot resistant. This makes it a unique blend of cultural appeal and infrastructure utility, something Cardano achieved by pairing vision with community enthusiasm.

Momentum around the project has been undeniable. Now in Stage 13 of its presale, priced at $0.0022 per token, LILPEPE has raised over $25.5 million and sold over 15.7 billion tokens. It is also CertiK audited and already listed on CoinMarketCap, achievements that boost investor trust.

Price targets based on ADA’s 2021 rally

If LILPEPE were to mirror Cardano’s 2021 percentage gains, the price targets would be extraordinary. At its current presale price of $0.0022, a 1,400% increase would take LILPEPE to around $0.033. That alone would mean a 15x return for early buyers.

But ADA’s move in 2021 wasn’t just about percentages; it was about momentum compounding. If LILPEPE follows the same explosive adoption curve, analysts project possible milestones such as:

$0.10 is the first major resistance point after exchange listings, equal to a 45x increase from current levels.
$0.50 as a mid-cycle target if community growth and ecosystem traction continue, representing over 22,000% gains.
$1.00 as the ultimate peak scenario by 2026 would put LILPEPE alongside the biggest meme tokens in history.

For context, a $500 investment at the current presale price would return $7,500 at $0.033, $22,500 at $0.10, $113,500 at $0.50, and $227,000 if LILPEPE reached $1.

Catalysts supporting the move

Several catalysts could help LILPEPE mirror the ADA trajectory. Confirmed listings on two top centralized exchanges after the presale will provide immediate liquidity and visibility. A future listing on the world’s largest exchange would increase momentum.

Community engagement is also being fueled through major campaigns. A $777,000 giveaway is underway, with 10 winners each receiving $77,000 in tokens, and a special promotion for presale buyers between Stage 12 and Stage 17 offers additional rewards (details here). These initiatives create constant buzz and keep new investors flowing into the project.

Comparison with ADA’s growth path

Just as Cardano built its rally on the anticipation of smart contract adoption, LILPEPE is building on the anticipation of its meme-centric Layer-2 launch. Both projects tapped into strong communities at the right time in the cycle. ADA’s rally proved that patient development and hype can propel a token from obscurity to the top 10. LILPEPE is on a similar path, with strong presale traction and a clear roadmap toward ecosystem expansion.

Conclusion

The rise of Cardano in 2021 is still a good example of what might happen in crypto. If Little Pepe follows the same path, the price might go up from its presale level of $0.0022 to $0.033 in the immediate term, with greater goals set for $0.10, $0.50, and even $1 by 2026. LILPEPE has everything an investor needs to find the next ADA-style breakout: a great presale, reliable audits, early exchange momentum, and a community that is humming with enthusiasm. If the bull run continues to accelerate, LILPEPE may not just mirror Cardano gains, it could surpass them.

To learn more about Little Pepe, visit its website and Telegram.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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September 21, 2025 0 comments

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Grayscale Files Amended S-1 to Launch Dogecoin ETF

by admin September 21, 2025

The US digital currency asset management company, Grayscale, has filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to convert its Dogecoin Trust into exchange-traded fund (ETF).

The move leverages recently approved, more lenient listing standards for crypto funds, potentially accelerating the regulatory path for the product.

According to the filing, the proposed Dogecoin ETF would be listed on NYSE Arca under the ticker ‘GDOG.’ Grayscale has chosen Coinbase to be the fund’s prime broker and custodian for the fund, which aims to provide investors with a regulated vehicle for exposure to the popular meme coin.

NYSE Arca has also filed to change the classification of Grayscale’s Ethereum Trust ETF to meet the new listing standards. Grayscale’s attempt to reposition the Ethereum fund shows that the company has a bigger plan to make all of its products comply with the new rules. This might make their operations more efficient and attract more investors.

Grayscale’s filings highlight its argument that the Investment business Act of 1940 should not consider the Dogecoin trust to be a registered investment business. The company’s case is bolstered by the new SEC standards, which require a digital asset to have a futures market on a regulated exchange for a minimum of six months. Grayscale says that Dogecoin has already met this requirement.

The updated S-1 was signed by Barry Silbert, Chairman of the Board of Directors, along with other board members and Grayscale Chief Financial Officer Edward McGee, in accordance with the Securities Act of 1933, a regulation that pertains to securities issuances.

An S-1 is a registration statement that a company files with the SEC in order to provide information about a fund’s structure, management, and investment strategy in order to initiate an ETF.

This latest action follows the recent launch of Grayscale’s multi-asset crypto index fund, which tracks a group of well-known cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA).

Earlier this year, Eric Balchunas, a senior analyst at Bloomberg, also stated in his X post that there is a 75% chance that Doge ETFs will be approved. The SEC’s getting friendlier, but it’s still a waiting game in the fast-moving crypto world.

Also Read: Grayscale to Convert BCH Trust Into ETF and List on NYSE Arca

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September 21, 2025 0 comments

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Shiba Inu: Shibarium Adds 10,000 Transactions in Day, but Growth Still Flat

by admin September 21, 2025

Shiba Inu Layer 2 Shibarium has added 10,000 transactions more within the last 24 hours, but transaction growth still remains flatlined.

According to Shibariumscan data, daily transactions for Sept. 19 came in at 17,410, which remains much lower than the over 4 million experienced in late August but higher than Sept. 18’s figure of 7,110.

Taken from the Sept. 18 figure of 7,110, the daily transaction figure of 17,410 achieved in the past day marks an increase of 10,300.

On Aug. 21, Shibarium saw daily transactions of 4.69 million, after which it suffered a plunge to as low as 84,090 on Aug. 28. Since this date, Shibarium’s daily transactions have remained in thousands, however rising briefly to 1.26 million on Sept. 6 before declining again.

Transaction growth stalls in September

According to the daily transactions graph provided on Shibarium, it can be seen that transaction growth flatlined for most of September, except for a brief rise to 1.26 million on Sept. 6 and then 490,230 on Sept. 7, as well as 150,810 on Sept. 3. For other days, the transaction count remained less than 20,000.

September is deemed a weak month for cryptocurrencies and the general markets; however, it remains uncertain if the drop in Shibarium transactions might have been due to the bearish September seasonality sentiment. The recent Shibarium bridge exploit, following which stake/unstake functionality was paused on the platform, might have also contributed to this sentiment.

This stall in transaction growth has impacted total transaction count, which is currently at 1,568,294,633, as it hasn’t seen an exponential increase since September’s start.

According to Shibariumscan data, Shibarium’s total blocks have surpassed 13 million, with the most recent count at 13,163,462. Total addresses now stand at 272,485,122.

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September 21, 2025 0 comments

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Stocks Over Spot: The Case For Buying Bitcoin Treasury Companies Instead Of BTC

by admin September 21, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin is among the world’s most important assets, but owning it directly is not the only way to get exposure. A growing number of public companies hold massive amounts of Bitcoin on their balance sheets. For investors buying these stocks, it can sometimes offer even greater upside than holding BTC itself.

Why Some Bitcoin Stocks Outpace BTC Itself

In a thought-provoking post on X, Adam Livingston, author of the Bitcoin Age and the Great Harvest, offers a compelling argument for why investors should consider buying the stock of Bitcoin treasury companies, rather than just BTC itself. His perspective goes beyond a simple leveraged play and speaks to a long-term vision of a new financial infrastructure built on a BTC foundation.

Livingston’s thesis is that a new paradigm-shifting financial infrastructure built over the coming years will take Bitcoin to $100-200 trillion BTC market, supporting an equal magnitude of Bitcoin-denominated credit and equity. This new infrastructure would enable global transactions at light speed on open ledgers, providing everyone with a censorship-resistant, inflation-proof yield stream.

The key takeaway from the recent unconference is that this infrastructure needs to be built because it is where solving complex issues, such as custody, compliance, and distribution across different jurisdictions, comes into play.

It also involves creating products that cater to traditional investors who may not want or need a volatile, infinite-duration asset like Bitcoin itself. Thus, these products can strip away volatility, manage duration, or FX risk, allowing institutions and individuals to gain the spread and recycle profits back into BTC collateral.

However, Livingston argues that Bitcoin can enable the exact instruments they do want. If BTC is to reach $1,000,000, it will require a robust financial infrastructure to funnel global capital into the asset.

Why Waiting For A Bear Market Is A Flawed Strategy

Crypto analyst Rajatsonfinance has highlighted a contrarian perspective on Bitcoin investing, urging people to abandon the common strategy of waiting for a bear market to start buying. Instead, he advocates for a more proactive approach centered on value creation and consistent accumulation.

According to Rajatsonfinance, trying to time the market is a flawed and often unsuccessful endeavor. He argues that waiting for a crash could be used to build skills and create value in the real world. His primary advice is to focus on earning more money and then exchanging that income for Bitcoin, whether by selling services for dollars and converting them or by accepting BTC directly as payment.

The analyst emphasized that if executed with a solid idea, passion, and consistent effort, it can lead to a far more significant BTC stack than one could ever accumulate by trying to buy the dip. He suggests that a successful business or a well-executed side hustle has the potential to generate far more than a modest $10,000 to $15,000, which would result in a holding far exceeding 0.1 BTC.

BTC trading at $115,816 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

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September 21, 2025 0 comments

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NFT sales jump to $109.8m, CryptoPunks recover 136%

by admin September 20, 2025

The NFT (non-fungible token) market has continued its recovery with sales volume rising by 4.09% to $109.8 million.

Summary

NFT sales continued recovering with 4.1% growth to $109.8 million
CryptoPunks posted the week’s standout performance with 136% growth
Market participation rebounded strongly with buyer counts up 53% and seller counts up 67%

This is the second consecutive week of growth following several weeks of sales drops.

According to data from CryptoSlam, market participation has rebounded with NFT buyers increasing by 53.35% to 277,059, and NFT sellers rising by 67.19% to 206,669. However, NFT transactions have declined by 6.65% to 1,630,579.

This is happening at a time when Bitcoin (BTC) has recovered to the $115,000 level. At the same time, Ethereum (ETH) has surged to the $4,400 level.

The global crypto market cap is now $4.04 trillion, up from last week’s market cap of $3.81 trillion.

Ethereum reclaims dominant position

Ethereum has reclaimed its dominant position with $46.4 million in sales. This is a 42% surge from the previous week. Ethereum’s wash trading has also jumped by 154.37% to $9.2 million.

Mythos Chain has maintained second place with $12.2 million, declining 16.29%. Bitcoin has climbed to third position with $10.2 million, rising 8.44%.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

Immutable (IMX) holds fourth place with $8.5 million, falling 0.10%. BNB Chain (BNB) sits in fifth with $8.4 million, declining 18.33%.

Solana (SOL) has risen to sixth with $7.5 million, up 41.01%. Polygon (POL) has dropped to seventh place with $5.6 million, falling 59.09%.

The buyer count has increased across most blockchains, with Immutable leading at 146% growth. This is followed by Mythos Chain at 135.35% and Polygon at 122%.

DMarket has retained the top spot in collection rankings with $7.1 million in sales, though declining 23.16%. The gaming marketplace has seen decreases across all metrics, including transactions (21.24%) and buyers (27.62%).

CryptoPunks sales jump 136%

CryptoPunks has surged to second place with $7 million, jumping by 136.83%. The collection has more than doubled its transactions (146.15%) and buyers (100%), while sellers grew by 136.36%.

Guild of Guardians Heroes holds third position with $4.8 million, posting minimal growth of 1.20%. Courtyard on Polygon has fallen to fourth place with $4.7 million, plummeting 62.86%.

Moonbirds sits in fifth with $4.6 million, surging 141.12%. The collection has seen growth in transactions (148.99%) and buyers (93.48%).

Bored Ape Yacht Club has entered the top six with $4.4 million, rising 78.76%. The Yuga Labs collection has more than doubled its transactions (108.33%) and nearly doubled its buyers (93.33%).

Notable high-value sales from this week include:

BOOGLE sold for 1,380 SOL ($324,846)
CryptoPunks #8521 sold for 55.48 ETH ($255,288)
CryptoPunks #4420 sold for 56.388 ETH ($254,250)
CryptoPunks #2642 sold for 52.1 ETH ($239,735)
CryptoPunks #1180 sold for 49.89 ETH ($232,394)

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September 20, 2025 0 comments

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Ethereum Hits 27M Daily Transactions, When Will Ecosystem Unite?

by admin September 20, 2025

The Ethereum ecosystem made history on September 19, processing 27 million transactions in a single day, surpassing major European payment systems and positioning itself closer to mainstream finance. The record coincided with Vitalik Buterin unveiling a roadmap in Japan, aimed at scaling Layer 1 (L1), unifying Layer 2 (L2), and securing Ethereum’s long-term dominance.

The data from growethpie reveals that L2 solutions like Arbitrum, Optimism, Polygon, and Base carried the bulk of the load with 25 million transactions, while the coin mainnet accounted for just two million.

According to data shared by Onchain Foundation’s Leon Waidmann, daily transaction volumes now exceed those of the UK’s Faster Payments and Germany’s Girocard, while the network hosts $90.7 billion in Tether (USDT).

Breaking records while Vitalik maps future upgrades

While the record-breaking transaction volume are signs of success, it also amplifies the critical challenge addressed by Vitalik Buterin at the Japan Developer Conference. In his address, Buterin outlined Ethereum’s roadmap, with a key focus on moving beyond the current “disorganized” state of the L2 chains.

The currency L2 boom has created a collection of thriving but largely disconnected islands. Each network from Arbitrum and Optimism to zkSync and base is a bustling activity hub compared to the L1 chain itself. However, moving assets and users between them remains a complex and costly process. This leads to a series of issues:

Fragmented liquidity: Capital is soiled within individual L2, making it difficult for decentralized applications (dApps) to access deep liquidity pools and for users to move assets to a where they can find the best returns.
Poor User Experience: For the average user, navigating the ecosystem requires complex cross chain bridges, each with its own security assumptions, withdrawal times and transaction fees.
Centralization Risk: Many of the largest L2s rely on single, centralized “sequencer” to process and batch transactions. While efficient, this introduces a single point of failure and potential for censorship.

One of Buterin’s goals is to achieve trustless and seamless interoperability between L2s. Instead of a series of isolated kingdoms, the goal is to build a single interconnected financial and application layer on top of Ethereum’s base security.

Ethereum price reacts to growing activity

The market has already responded to the network’s growing activity. Between May and September, Ethereum (ETH) price more than doubled (rising from $2,205 to $4,440), highlighting the network’s central role in crypto payment flows.

Beyond payment use cases, Ethereum Foundation is also developing applications for the AI economy through a new “dAI Team” focused on building a decentralized stack. Long-term research priorities include quantum resistance, formal verification, and advanced cryptography aimed at strengthening the protocol against future security challenges.

The surging volume on the Ethereum ecosystem indicates that the world is ready to transact on a scalable Ethereum. Buterin’s comments serve as a timely reminder that the next phase of innovation is not just about scaling individual networks, but about building the infrastructure to unite them.

Also read: Ethereum Fusaka Hard Fork Set to Go Live in December

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September 20, 2025 0 comments

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Solana Institute President Spotlights Key Trend Driving Crypto Growth

by admin September 20, 2025

In a recent tweet, president of Solana Institute and former CEO of Blockchain Association, Kristin Smith, highlights a new trend driving growth in the crypto market: DAT or Digital Asset Treasury.

In light of growing adoption for cryptocurrencies, DATs have emerged, which are companies making digital assets a core balance-sheet strategy, actively deploying tokens (staking, validators, liquidity) rather than simply holding them.

The emergence of crypto ETFs and digital asset treasury (DAT) companies might reflect crypto’s growing acceptance.

1/ We’re seeing an explosion of @Solana-focused Digital Asset Treasury (DAT) companies — giving everyday investors new pathways to access Solana.

🧵

— Kristin Smith (@KMSmithDC) September 19, 2025

Smith points to an increasing trend of companies exploring Solana as a digital treasury asset: “We’re seeing an explosion of Solana focused Digital Asset Treasury (DAT) companies — giving everyday investors new pathways to access Solana.”

Solana DATs on rise

Kristin Smith, the president of Solana Institute, pointed out that the past few weeks have seen multiple Solana DATs launch. These include DeFi Dev Corp and Upexi, which has chosen Solana as its treasury reserve asset.

Nasdaq-listed SOL Strategies joins this list as an institutional bridge to Solana, connecting traditional finance and crypto through institutional-grade validators.

Forward Industries (FORD) is Solana’s first billion-dollar publicly traded treasury. FORD became the largest SOL treasury earlier this week after acquiring 6.82 million SOL, representing 1.26% of the total supply.

This week, Nasdaq-listed Helius in partnership with Pantera Capital and Summer Capital announced over $500 million in funding to launch a SOL treasury company.

According to Smith, this might just be the beginning as innovative vehicles like DATs are emerging, channeling capital to where it is most productive.

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September 20, 2025 0 comments