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Ethereum’s 10th day was marked by a important milestone successful presumption of organization crypto adoption, arsenic cryptocurrency treasury firms surpassed $100 cardinal successful corporate investments connected Thursday.
Ethereum’s 10th birthday brought renewed firm involvement successful Ether (ETH), which saw the 10 largest firm crypto treasury firms amass implicit 1% of the full Ether proviso since the opening of June, according to a Tuesday study by Standard Chartered.
The slope predicted that corporations volition yet clasp 10% of the full Ether supply, which whitethorn spot the world’s second-largest cryptocurrency surpass the bank’s year-end people terms of $4,000 per Ether.
Ether’s firm adoption is “happening faster than with Bitcoin during its aboriginal treasury adoption phase,” since Ether enables corporations to pat into staking yields and “actively make value,” Enmanuel Cardozo, marketplace expert astatine Brickken plus tokenization platform, told Cointelegraph.
Ethereum turns 10: Here’s however its booms and busts shaped history
Ethereum celebrated its 10-year day connected Wednesday, with renewed organization momentum fueling hopes that Ether (ETH) could situation its all-time precocious acceptable successful November 2021.
Over the past decade, Ethereum has go the largest decentralized concern (DeFi) blockchain, with astir $85 billion successful full worth locked (TVL) astatine the clip of writing.
Vitalik Buterin, Ethereum’s co-founder, circulated an aboriginal mentation of the achromatic insubstantial successful 2013. The task raised $18.3 cardinal successful its archetypal coin offering (ICO) and officially launched successful 2015 arsenic a blockchain for astute contracts. Its cryptocurrency, Ether, present ranks arsenic the second-largest cryptocurrency by marketplace capitalization aft Bitcoin (BTC).
Here’s a look backmost into Ethereum’s archetypal decade, featuring the ICO boom, DeFi summertime and the emergence and autumn of non-fungible tokens (NFTs).
Ethereum’s past has been afloat of crazes, specified arsenic ICOs, NFTs and airdrops.Corporate crypto treasury holdings apical $100 cardinal arsenic Ether buying accelerates
Corporate cryptocurrency treasuries are emerging arsenic a caller people of nationalist companies bridging accepted concern and integer assets, signaling expanding organization involvement successful crypto.
Corporate cryptocurrency treasury firms, including Strategy, Metaplanet and SharpLink, person collectively amassed astir $100 cardinal worthy of integer assets, according to a Galaxy Research study released Thursday.
Bitcoin (BTC) treasury firms clasp the lion’s share, with implicit 791,662 BTC worthy astir $93 cardinal connected their books, representing 3.98% of the circulating supply. Ether (ETH) treasury firms clasp 1.3 cardinal ETH tokens, worthy much than $4 billion, representing 1.09% of the Ether supply, the study said.
Corporate buyers are becoming a cardinal root of Ether liquidity alongside US spot ETH exchange-traded funds, which precocious posted 19 consecutive days of nett inflows, a grounds for the products.
Ethereum ETF Flow (USD, million). Source: Farside InvestorsSince July 3, the Ether ETFs amassed $5.3 cardinal worthy of ETH arsenic portion of their grounds winning streak, Farside Investors information shows.
More firm buying and continued ETF inflows whitethorn assistance Ether surpass the $4,000 intelligence mark, which is besides the year-end terms people of Standard Chartered, the slope said successful a Tuesday probe report.
Net Ether buying since June 1, treasury firms, ETH ETFs. Source: Standard Chartered“We deliberation they whitethorn yet extremity up owning 10% of each ETH, a 10x summation from existent holdings,” the slope said, adding that Ether treasury firms person much maturation imaginable than Bitcoin treasuries, from a “regulatory arbitrage perspective.”
Bitcoin miner Phoenix Group launches $150 cardinal crypto treasury for BTC, SOL
Abu Dhabi-based Bitcoin miner Phoenix Group launched a $150 cardinal strategical cryptocurrency reserve, becoming the archetypal publically listed institution connected the Abu Dhabi Securities Exchange (ADX) to found a integer plus treasury.
The institution said Thursday the reserve includes 514 Bitcoin (BTC) and 630,000 Solana (SOL), describing it arsenic a semipermanent holding strategy.
This makes Phoenix Group the archetypal institution listed connected the ADX to found a strategical cryptocurrency treasury, the institution said successful an announcement shared with Cointelegraph.
“Holding Bitcoin and different strategical integer assets isn’t conscionable astir exposure. It’s astir alignment,” said Munaf Ali, co-founder and CEO of Phoenix Group. “We judge successful the semipermanent worth these networks represent, and our treasury strategy reflects that belief.”
Phoenix Group was 1 of the 5 most-traded and best-performing stocks connected the ADX successful the 2nd 4th of 2025 aft its stock terms roseate by implicit 72% from April to June.
Phoenix Group mining tract successful Abu Dhabi, UAE. Source: Phoenix GroupIncreasingly much Bitcoin mining companies are considering altcoins arsenic portion of their equilibrium sheet, signaling much organization request for cryptocurrencies beyond Bitcoin.
Publicly listed Bitcoin mining steadfast BitMine Immersion Technologies became the largest Ether (ETH) treasury steadfast aft announcing plans to get up to 5% of Ether’s supply.
Metaplanet plans to rise further $3.7 cardinal to bargain Bitcoin
Japanese concern steadfast Metaplanet is seeking to rise 555 cardinal yen ($3.73 billion) done a caller banal offering to enactment its assertive Bitcoin accumulation strategy.
The company, which is known arsenic “Asia’s Strategy,” announced Friday that it volition contented perpetual preferred shares to money its extremity of acquiring 210,000 Bitcoin (BTC) by the extremity of 2027. The shares volition connection up to a 6% yearly dividend, depending connected marketplace conditions and capitalist demand.
“The Company intends to actively prosecute equity financing arsenic portion of its ‘Bitcoin Strategy,’ which aims to get 210,000 BTC by the extremity of 2027,” it said. “We judge that introducing Bitcoin-backed preferred shares represents a pioneering effort to capable this gap.”
Source: Metaplanet Metaplanet’s banal offering comes a time aft Cointelegraph reported firm crypto treasury firms had surpassed $100 billion successful corporate investments, with Bitcoin-focused treasuries amassing $93 cardinal worthy of that value.
Continued firm accumulation from the likes of Strategy and Metaplanet, paired with the increasing wealth supply, could propulsion Bitcoin’s terms supra $132,000 earlier the extremity of 2025 based connected Bitcoin’s correlation with the planetary M2 wealth supply.
BTC projection to $132,000 connected M2 wealth proviso growth. Source: Jamie CouttsStrategy, the world’s largest firm Bitcoin treasury firm, has launched akin capital-raising efforts. On July 22, the steadfast announced a caller benignant of Bitcoin-backed stock pegged to $100 per stock with an archetypal monthly dividend of 9% annually.
Former SEC authoritative joins Veda arsenic wide counsel amid DeFi expansion
Decentralized concern level Veda has appointed a erstwhile US Securities and Exchange Commission (SEC) authoritative to its ranks arsenic it ramps up efforts to grow crosschain output products aimed astatine organization investors.
TuongVy Le, who spent astir six years astatine the SEC arsenic main counsel and elder advisor successful the Enforcement Division and the Office of Legislative and Intergovernmental Affairs, has joined Veda arsenic wide counsel, the institution announced Tuesday.
During her SEC tenure, Le advised Congress connected aboriginal drafts of integer plus authorities and served connected the Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee.
According to her LinkedIn profile, Le was progressive successful immoderate of the SEC’s earliest crypto enforcement actions.
She served successful the SEC’s Enforcement Division from 2016 to 2021, a pivotal play successful the agency’s crackdown connected unregistered securities offerings tied to archetypal coin offerings (ICOs).
During that time, the SEC brought actions against the promoters of BitConnect’s lending program and against LBRY, alleging some conducted unregistered securities offerings. In 2021, the bureau besides initiated 1 of its earliest DeFi-related enforcement actions, charging Blockchain Credit Partners with securities fraud.
DeFi marketplace overview
According to information from Cointelegraph Markets Pro and TradingView, astir of the 100 largest cryptocurrencies by marketplace capitalization ended the week successful the red.
Solana-native meme token Fartcoin (FARTCOIN) fell 28%, marking the week’s biggest diminution successful the apical 100, followed by the Bonk (BONK) memecoin, down implicit 23% connected the play chart.
Total worth locked successful DeFi. Source: DefiLlamaThanks for speechmaking our summary of this week’s astir impactful DeFi developments. Join america adjacent Friday for much stories, insights and acquisition regarding this dynamically advancing space.
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