Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitplanet, formerly known as SGA, has emerged as South Korea’s first institutional Bitcoin treasury firm after securing $40 million in fresh capital for BTC purchases. Supported by Asia Strategy Partners, the company plans to immediately deploy these funds, building an institutional-grade Bitcoin custody and asset management platform without taking on debt. This strategic rebrand signals South Korea’s growing embrace of digital assets and positions Bitplanet as a key player in advancing institutional Bitcoin adoption across Asia.

Tether announced on August 28, 2025, that it will expand USDT support to Bitcoin wallets using the new RGB protocol. This update allows users to send and receive native USDT directly on the Bitcoin network, combining Bitcoin’s security with stablecoin flexibility. The move aims to make payments faster, private, and more scalable while enabling users to manage Bitcoin and USDT in the same wallet. This development marks a significant step toward integrating stablecoins natively with Bitcoin.

Strive Funds CEO Matt Cole announced that the company plans to purchase over $700 million worth of Bitcoin following its public debut. This bold move highlights Strive’s strong belief in Bitcoin’s long-term potential. The large acquisition aims to position Strive as a major player in cryptocurrency investment. Cole’s announcement reflects growing institutional confidence in Bitcoin as a valuable asset class for the future.

Balaji Srinivasan, former Coinbase CTO, says that as Bitcoin’s value grows, investors are moving their focus away from real estate towards Bitcoin. He believes this shift will reduce the appeal of property as an investment, with more people choosing Bitcoin as their preferred asset. Srinivasan suggests that this trend reflects a fundamental change in how wealth is stored and grown in the digital age, favoring crypto over traditional property investments.

Bybit EU has adopted Nasdaq’s Market Surveillance platform to strengthen compliance with Europe’s MiCAR regulations. This advanced technology helps detect and prevent market abuse, ensuring a transparent and secure trading environment. Bybit’s CEO Mazurka Zeng emphasized their commitment to secure and compliant digital asset trading. Nasdaq’s platform offers real-time monitoring of billions of transactions, aligning crypto markets with traditional finance standards to protect investors and maintain market integrity.

The Trump family-backed American Bitcoin mining company is poised to go public in September, following a merger with Gryphon Digital Mining. Founders Eric Trump and Donald Trump Jr., along with major investor Hut 8, will hold 98% of the new company. Trading will begin on Nasdaq under the ticker ABTC. The company plans to expand internationally by acquiring crypto assets in Asia. This move highlights the Trump family’s growing footprint in the cryptocurrency space.

Eleven years ago, Hal Finney, a legendary cypherpunk and the first person to receive a Bitcoin transaction, passed away on August 28, 2014. He was a key figure in developing Bitcoin and advancing cryptography. Despite battling ALS for years, Finney remained a hopeful visionary for digital privacy and blockchain technology. His pioneering contributions continue to inspire the crypto community and shape the future of decentralized finance.

The Smarter Web Company has added 45 more Bitcoin to its treasury, increasing its total holdings to 2,440 BTC. This move is part of the company’s long-term “10-Year Plan” to integrate Bitcoin as a key asset in its financial strategy. Since going public in April 2025, the company has steadily accumulated Bitcoin, viewing it as a store of value and a way to diversify its reserves. Their commitment highlights growing corporate confidence in Bitcoin’s future.

Canary Capital has filed an S-1 registration statement with the U.S. Securities and Exchange Commission to launch a Trump Coin ETF. This fund aims to offer investors exposure to cryptocurrencies linked to the U.S., including Trump-branded digital assets. The ETF will be part of Canary’s broader strategy to focus on American-made crypto projects, trading under the ticker “MRCA” once approved.

Tron has officially integrated with deBridge, enabling fast and secure cross-chain asset transfers. This integration connects Tron’s large user base to over 25 blockchain networks, supporting seamless movement of tokens like ETH, USDC, and SOL. deBridge’s zero-TVL architecture ensures native asset transfers with no wrapped tokens or slippage risks, providing real-time execution and strong security. This move strengthens Tron’s position in the growing multi-chain ecosystem, boosting its appeal for developers and users seeking quick, reliable blockchain interoperability.