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Corporate cryptocurrency treasuries continued their maturation trajectory this week, arsenic publically listed US companies continued announcing plans to rise hundreds of millions for altcoin treasury reserves.
On Monday, Nasdaq-listed Helius Medical Technologies announced the motorboat of a $500 cardinal firm treasury inaugural built astir the Solana token (SOL), signaling much firm crypto adoption.
A time later, Standard Chartered’s task arm, SC Ventures, announced plans to rise $250 cardinal successful superior for a integer plus concern fund, acceptable to motorboat successful 2026 and backed by Middle East investors with a absorption connected planetary concern opportunities.
On the regulatory front, the US Securities and Exchange Commission (SEC) issued caller generic listing standards meant to velocity up reviews for spot crypto exchange-traded funds (ETFs) connected exchanges including the Nasdaq, NYSE Arca and Cboe BZX.
The SEC approved the caller standards on with Grayscale’s Digital Large Cap Fund (GLDC), which marks the support of the archetypal multi-asset crypto exchange-traded merchandise (ETP) successful the US.
Source: Peter MintzbergNasdaq-listed Helius announces $500 cardinal backing for Solana treasury
Nasdaq-listed Helius Medical Technologies is launching a $500 cardinal firm treasury reserve built astir Solana, making it 1 of the largest Solana-focused treasury initiatives to date.
The institution announced Monday that it priced an oversubscribed backstage concern successful nationalist equity (PIPE) offering of communal banal astatine $6.88 per share, on with stapled warrants exercisable astatine $10.12 for 3 years. The woody includes $500 cardinal successful equity and up to $750 cardinal successful warrants, assuming afloat exercise.
Helius said it volition usage the nett proceeds of the offering to found a crypto treasury strategy with the Solana (SOL) token arsenic its main reserve asset. The institution said it volition “significantly standard holdings implicit the adjacent 12-24 months via best-in-class superior markets programme incorporating ATM income and different proven strategies.”
Helius volition besides research staking and lending opportunities wrong the Solana ecosystem to make further gross from the SOL treasury, portion maintaining a “conservative” hazard profile, it said.
Standard Chartered task limb to rise $250 cardinal for integer plus fund: Report
Standard Chartered’s task limb is preparing to motorboat a $250 cardinal integer plus concern money successful 2026, signaling increasing organization appetite for integer assets.
Standard Chartered’s SC Ventures plans to rise the superior to unfastened the concern money focused connected integer assets successful the fiscal services sector, Bloomberg reported Monday, citing operating spouse Gautam Jain.
Set to motorboat successful 2026, the money volition beryllium backed by Middle East investors, with a absorption connected planetary concern opportunities, Jain told Bloomberg.
SC Ventures’ program follows a question of firm treasury firms gathering semipermanent accumulation strategies, adding to expectations that much organization inflows whitethorn participate the crypto marketplace implicit the adjacent respective years.
“Digital assets proceed to beryllium a precocious condemnation taxable for SC Ventures, evidenced done its integer asset-native ventures: Libeara, Zodia Markets, Zodia Custody and our existing integer plus investments,” a typical from SC Ventures told Cointelegraph, adding:
“We are continually evaluating opportunities successful the integer plus space, whether it is done investments made straight oregon done JVs.”
In summation to integer plus opportunities, the steadfast is besides “evaluating opportunities successful dynamic regions, similar the Middle East and Africa,” the typical added.
Ethereum’s Fusaka upgrade moves to December, blobs to treble after
Ethereum’s halfway developers person selected aboriginal December for the tentative motorboat of the network’s adjacent large hard fork, dubbed Fusaka, which aims to standard the web and marque it much efficient.
While the Fusaka upgrade volition spell unrecorded connected Dec. 3, the summation successful blob capableness volition instrumentality spot 2 weeks after, putting it astir Dec. 17, followed by different blob capableness hard fork connected Jan. 7, 2026.
Both the blob capableness hard forks volition much than treble the existent blob capacity, according to Ethereum researcher Christine D. Kim.
Before the upgrade goes unrecorded connected the Ethereum mainnet, 3 nationalist testnets volition beryllium conducted betwixt aboriginal October and mid-November.
The slated timeline for Fusaka’s deployment. Source: Barnabas Busa“The archetypal decision is that we tin spell up with a Max blob number of 15 for BPO1 [Blob Parameter Only] and Max blob number of 21 for BPO2. There are a full of 5 BPOs planned for Fusaka, truthful we tin guarantee mainnet scales a batch - safely,” Ethereum developer assemblage ethPandaOps said successful an X station connected Thursday.
BPO (Blob-Parameter only) forks lone alteration the parameters pertaining to blob targets and limits. These hard forks bash not necessitate immoderate updates from the lawsuit side.
Blobs store ample information sets offchain, which makes layer-2 networks much businesslike portion decreasing the outgo of transactions.
Curve Finance assemblage to ballot connected $60 cardinal connection to marque CRV a yield-bearing asset
The Curve Finance decentralized autonomous enactment (DAO) is voting connected a connection that could unfastened up caller income streams for the protocol and its ecosystem.
The proposal, introduced successful August by laminitis Michael Egorov, would found a $60 cardinal recognition enactment of crvUSD for Yield Basis. Voting began connected Wednesday, with 97% of votes formed successful enactment of the connection astatine the clip of writing.
Under the Yield Basis, holders of CRV who involvement their tokens would person veCRV (vote-escrowed CRV) successful return, fundamentally creating income for stakers. Yield Basis would instrumentality betwixt 35% and 65% of its worth to holders of veCRV, portion an further 25% would beryllium reserved for the ecosystem.
Current voting for the $60 cardinal recognition enactment proposal. Source: Curve FinanceEgorov said the recognition enactment would beryllium capable to make pools for 3 assets: WBTC (WBTC), cbBTC (cbBTC) and tBTC (tBTC).
“In bid to get much incentives for Curve ecosystem arsenic good arsenic to wage a interest for having Curve exertion (cryptopools) powering its core, Yield Basis makes an allocation adjacent to 25% of YB which Yield Basis liquidity providers are getting to Curve,” Egorov wrote successful the proposal.
40% of Americans would usage DeFi with laws successful place: Crypto lobby poll
More than 40% of Americans are unfastened to utilizing decentralized concern (DeFi) protocols if projected authorities is made law, according to a caller survey.
Crypto lobby radical the DeFi Education Fund (DEF) recovered successful a survey released connected Thursday that galore Americans “are funny astir DeFi” arsenic respondents signalled a debased spot successful the accepted concern system.
The survey was conducted by Ipsos betwixt Aug. 18 and 21, with 1,321 US adults polled. Ipsos Public Affairs vice president Alec Tyson said the survey recovered “emerging consciousness of cryptocurrency and decentralized concern arsenic galore Americans explicit frustrations with existent fiscal institutions’ quality to present security, personalized power and flexibility.”
40% of Americans unfastened to DeFi
The canvass showed that 42% said they would apt effort DeFi if projected authorities were passed into law, divided betwixt 9% who said they were “extremely oregon precise likely” and 33% who responded they were “somewhat likely” to try.
Congress is presently looking astatine bills that would specify the ineligible presumption of galore cryptocurrencies and specify however the country’s fiscal regulators divvy up policing the sector.
Two successful five, oregon 40%, of the respondents said they’d “likely effort retired DeFi,” with 84% of those respondents saying they’d usage it to marque purchases online.
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 green.
The Aster (ASTER) token roseate implicit 600% arsenic the week’s biggest gainer successful the apical 100, followed by the Immutable (IMX) token, up implicit 50% during the past week.
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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