Adoption: archive
Every Adoption story in Digital Assets, newest first. 79 stories
2 stories
Xapo CEO says wealthy bitcoin holders turn to loans and yield
About 45% of Xapo's customers earn interest in bitcoin on dollar balances, CEO Seamus Rocca told CoinDesk.
Preferred sales financed purchases of 136,000 bitcoin
Strategy's STRC pays a variable dividend around 12%, CoinShares says; the preferreds sit between debt and common equity and carry no voting rights.
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a16z renames crypto fund a16z Frontier and adds AI to mandate
Chris Dixon will lead the renamed fund with Marc Andreessen, Ben Horowitz, Eddy Lazzarin and Guy Wuollet; the firm says it will continue crypto investing.
EY-Parthenon survey: 69% of financial-institution respondents offer or plan stablecoin services within two years
Corporate production use doubled to 18% in the 521-respondent survey, with cross-border B2B payments the most common use case.
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Capital B first-half loss widens to €69.5 million on bitcoin impairment
The company said the charge had no cash impact; its bitcoin reserves grew 25.3% to 3,538 BTC by Sept. 30.
MSCI finalizes rules that could remove Strategy and Metaplanet from global equity indexes
Affected companies will be named Nov. 11; the change takes effect at the close of Nov. 30.
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CoinDesk newsletter: CLARITY Act failed 49-50 as crypto firms build state-by-state compliance
Uphold's CFO says compliance is now one of the company's largest departments as it tailors solutions to each state's requirements.
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Evernorth taps Ripple, Kraken, Coinbase and BitGo for $648M XRP treasury
The Nasdaq-listed company says it is planning a phased move into XRP lending and yield strategies.
Standard Chartered opens direct bitcoin and ether trading to UAE professional investors
The bank says the service runs through Zodia Markets under VARA licensing and keeps custody and settlement inside its own ecosystem.
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Strive announces $500 million perpetual preferred sale
The SATS shares carry a 15% fixed dividend and rank junior to Strive's existing SATA preferred; proceeds may buy bitcoin, income-producing assets or buy back stock, CoinDesk reported.
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Jeonbuk Bank starts bitcoin-backed corporate loans in South Korea
The lender issues won against bitcoin held by a registered crypto custodian, with repayment enforced through a court-ordered sale of the collateral.
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Sui's Hashi network to launch with $500M in capital commitments for bitcoin lending
The institutional network lets holders pledge bitcoin without moving it off the Bitcoin ledger, with Anchorage Digital among day-one partners.
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Wells Fargo in talks with Kraken parent Payward for crypto liquidity
CoinDesk reports the talks are ongoing and may not result in a deal.
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Founders Fund leads $5M Anvil token purchase as collateral protocol launches SDK
Pantera, Bullish, Theta Blockchain Ventures and Protoscale Capital joined the purchase; Anvil says the tokens came from its treasury and terms were not disclosed.
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S&P Global publishes DeFi lending vault grading scale with no vaults assessed
The Vault Risk Assessment runs from AAA(v) to D(v), and the curator running a vault can cap its grade, The Defiant reported.
Stripe plans stablecoin cards in more than 100 countries by year-end
The payments company tells CoinDesk it is also exploring tokenized deposits and DeFi, with Kraken, Ramp and Morse among current card customers.
Evernorth expects its Armada SPAC merger to close Wednesday with $48 million in trust
Armada Acquisition Corp. II closed Friday at $39.42, nearly four times the $10.49 redemption value of the cash left in the shell.
Metaplanet sold 10,000 bitcoin and bought 11,000, ending the third quarter at 44,000
The Japanese treasury company held the sale proceeds in cash to show it could cover interest-bearing debt before repurchasing at higher prices, CoinDesk reported.
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Tether-backed Utexo plans to issue USDT on Bitcoin this month
The startup, which raised $7.5 million this year, plans private transfers, direct bitcoin swaps and bitcoin-backed loans, with most transaction data kept off the public ledger.
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Hyperliquid order-book depth matches Binance, Bybit and OKX median on four of five assets, Castle Labs finds
The onchain venue also cost less to trade, but the unresolved gap is pricing stocks and commodities while their underlying markets are closed.
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Lloyds and Visa settle $750,000 in USDC across a seven-day cross-border pilot
The test sent funds from Jersey to the US in under an hour across a weekend, with Lloyds on Canton and Visa on a second blockchain the coverage does not name.
Cloudflare opens a closed beta for billing AI agents in USDC
The Monetization Gateway verifies payments with Coinbase's x402 standard and settles transactions on Base; Cloudflare targets wide availability in early 2027.
Open USD launches with Coinbase, Visa, Mastercard, Shopify and Stripe as founding shareholders
Each of the five founding partners holds an equal initial equity stake, and together they have committed more than $1 billion to establish liquidity for the coin.
Morgan Stanley builds internal lab to test stablecoins and DeFi
The Defiant reports the testing runs through the bank's innovation-lab network; E*Trade's eligible clients already trade spot crypto through Zero Hash.
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BlackRock sees stablecoins as the rail for AI agent payments
The Defiant's Sept. 29 account names no stablecoin, agent platform, or dollar figure, but says traditional checkout retains a role.
Uphold survey finds 75% of U.S. banks have blockchain programs, 22% live
More than half of respondents report over $50 billion in assets, and 54% have issued RFPs to digital asset vendors.
Linux Foundation Decentralized Trust report counts its technology in 29.4% of institutional blockchain platforms that disclose a stack
Hyperledger Fabric and Besu rank among the top three by deployment, and more than a quarter of projects in the sample disclosed no stack at all.
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Goldman Sachs puts $100 billion Treasury fund on Lynq for crypto firms
FTIXX stays a traditional fund rather than a tokenized one; Lynq gives digital-asset firms a place to park cash between trades.
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Payward stops chasing volume and starts selling the ledger
Billions of acquisitions have turned Kraken's parent into a regulated stack other firms can rent — and into a single point of regulatory permission.
Circle buys USDC reach with equity; Tether's lead holds
Binance's $100 million stake lifts USDC quote markets on a single exchange to 329 while every other major venue stays inside its old range — the case for paying for distribution, and the risk in it.
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Quantum turns cryptographic migration into a diligence line item
Chris Perkins' Fortune op-ed turns quantum from an existential crypto question into a migration-cost problem, and the wrapper layer, not the chain, is where institutional money will feel it.
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Stablecoin growth deepens old corridors, not new ones
Chainalysis found 4,708 new country-to-country stablecoin routes that together moved a rounding error of the network's measured volume; the concentrated flow is the part a treasurer can actually use.
Qivalis has the banks; the euro corridor is unproven
Thirty-seven European banks and a pending Dutch license give the euro stablecoin a distribution story that trade finance has not yet validated.
Solana hires Binance and Polygon veterans to sell tokenization
Two commercial hires make plain the network's binding constraint: converting institutional interest into live payment corridors, not processing capacity.
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Tron settles $150 billion a week on seven-cent fees
A payments franchise built on validator concentration and someone else's dollar token is exactly what a reserve-and-licensing regime would leave intact or hand to a licensed competitor — and the chain holds no lever on either outcome.
Galaxy lends against the token it holds on its own books
Collateral acceptance, more than the size of the position, decides whether yield-bearing dollars become institutional lending inventory.
CME lists bitcoin cash futures; the 28% pop is beside the point
Institutions now have a regulated bitcoin cash futures contract on CME's shelf; open interest will decide whether the 28% rally said anything.
BlackRock's agent thesis is a stablecoin bet first
The asset manager's paper argues autonomous agents will pay in stablecoins, and its own caveats show the compute-contract half has no market to join yet.
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CME adds three altcoin futures, and the trade splits
A regulated contract list does more for institutional adoption than any single session's pop, which is why the quarter's open interest matters more than the day's gain.
Binance pays $100M for the rail it once tore out
The five-year USDC pact makes Binance a locked-in Circle shareholder at a discount and aims the partnership at the markets Tether already owns.