Key Takeaways

• Anchorage Digital, a federally chartered crypto bank, now offers institutional-grade custody for Bybit’s bbSOL, a staked version of Solana’s SOL token.
• This move combines liquidity with regulatory assurance, enabling regulated entities to engage with Solana’s DeFi ecosystem confidently.
• bbSOL holders gain access to bank-level security and U.S. federal compliance, further legitimizing Solana-based liquid staking for institutional investors.
• The announcement aligns with broader trends in institutional adoption of Solana, as ETFs like Bitwise’s $BSOL and Grayscale’s $GSOL report significant capital inflows.

What Happened?

Bybit has partnered with Anchorage Digital to bring institutional-grade custody to its staked Solana asset, bbSOL. This development positions bbSOL as a secure and compliant entry point for regulated investors looking to earn on-chain yields without compromising asset flexibility.

Anchorage Digital, the first federally chartered crypto bank in the U.S., now provides custody services for bbSOL, offering funds, asset managers, and enterprises a regulated path into Solana’s DeFi space.

Bybit Staked SOL (bbSOL) is now supported for custody through @Anchorage Digital.

bbSOL is an exchange-backed SOL LST now supported by a U.S. federally regulated crypto bank, broadening access for participation in the @solana DeFi ecosystem.

Read more: https://t.co/PMa4Wiw9EX… pic.twitter.com/Guj73f7v45

— Bybit (@Bybit_Official) October 29, 2025

Bybit and Anchorage Digital Partner for Institutional Access

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has taken a strategic leap by securing institutional custody support for its bbSOL token from Anchorage Digital. This integration solidifies bbSOL as a trusted liquid staking token (LST) in the Solana ecosystem, tailored specifically for institutional investors.

bbSOL enables holders to earn staking rewards on Solana without locking their tokens, providing liquidity and flexibility across DeFi protocols. With Anchorage Digital’s backing, bbSOL now offers bank-grade custody under U.S. federal oversight, making it more accessible to regulated financial institutions.

Emily Bao, Head of Spot at Bybit and Founder of Byreal, called the integration:

Anchorage Digital’s Role and Reputation

Anchorage Digital has built a strong reputation for safeguarding digital assets for major institutions like Visa and Franklin Templeton. With the addition of bbSOL, it extends that bank-level security and compliance to Solana’s liquid staking sector.

Nathan McCauley, CEO and Co-Founder of Anchorage Digital said:

The partnership bridges the gap between traditional finance and decentralized markets, reflecting a growing convergence where security, regulation, and yield-generating blockchain technologies meet.

Institutional Interest in Solana Grows

The announcement comes amid rising institutional interest in Solana. On the same day as the custody news, Solana-based ETFs saw a combined $47.9 million in inflows, led by Bitwise’s $BSOL with $46.5 million, and Grayscale’s $GSOL with $1.4 million. These inflows point to a larger appetite from both retail and institutional investors for regulated Solana exposure.

bbSOL’s newfound custodial backing may position it as a key gateway product, especially for institutional players looking to participate in on-chain yield without compromising compliance.

CoinLaw’s Takeaway

In my experience, integrations like this are game-changers for institutions sitting on the fence. It is not just about offering another staking product. It is about making that product safe, compliant, and appealing to money managers and enterprise-grade investors who have strict requirements. Anchorage Digital’s custody makes bbSOL a more serious contender in the liquid staking space. I found this partnership to be a smart, strategic move by Bybit. It is the kind of bridge that builds real trust between DeFi and TradFi. If Solana’s momentum continues, bbSOL might become one of the most institutionally embraced tokens in the ecosystem.

The post Bybit’s bbSOL Now Backed by Anchorage Digital for Institutional Custody appeared first on CoinLaw.

Key Takeaways

• Nordea Bank will offer Bitcoin exposure through a synthetic ETP developed by CoinShares.
• The move follows the implementation of the EU’s MiCA crypto regulation in December 2024.
• Customers will access the product via Nordea’s execution-only platform, without advisory services.
• This marks a significant shift for Nordea, which previously maintained a cautious stance toward crypto.

What Happened?

Nordea Bank announced it will offer access to a Bitcoin synthetic ETP through its execution-only investment platform beginning in December 2025. The product will be issued by CoinShares, a leading European digital asset manager. The decision comes as the European regulatory environment for crypto matures and investor interest in virtual assets continues to rise in the Nordic region.

JUST IN: 🇫🇮 €648 billion Nordea to allow customers to trade $BTC linked ETP on its platforms. pic.twitter.com/t5C684C24b

— Whale Insider (@WhaleInsider) October 30, 2025

Nordea Opens Crypto Gateway with CoinShares Bitcoin ETP

Nordea’s new Bitcoin product is a synthetic ETP, meaning it gives investors exposure to Bitcoin without requiring them to directly hold the cryptocurrency. Instead, the product tracks the price of Bitcoin through a financial instrument structured and managed by CoinShares.

CoinShares, a well-known asset management company with over $10 billion in assets under management, is the issuer behind this ETP. It will be available only to experienced investors seeking alternative asset exposure through Nordea’s platform.

The bank has chosen to distribute the ETP through its execution-only service, which means that while customers can buy and sell the product, Nordea will not provide advisory support. This aligns with the bank’s approach to offering access to riskier or more complex investment products to informed clients.

Shift in Regulatory Environment Spurs Change

The timing of the launch is not coincidental. The European Union’s Markets in Crypto-Assets (MiCA) regulation, which went into effect in December 2024, has brought a new level of clarity and investor protection to the crypto industry across EU member states.

Nordea explicitly cited MiCA’s implementation as a key factor influencing its decision. According to the bank’s official statement, the regulation provides the regulatory clarity and supervision that was previously lacking in digital asset markets.

The bank also noted that the demand for crypto exposure is growing among both retail and institutional investors in the Nordic countries. That interest, combined with more stable and mature frameworks, has pushed Nordea to reconsider its cautious approach.

A Strategic Yet Careful Step Forward

While Nordea is opening the door to crypto products, it continues to tread carefully. In its announcement, the bank highlighted its historic hesitation toward digital assets due to the lack of investor protection and oversight in earlier years.

By partnering with a trusted name like CoinShares and launching a synthetic rather than physically-backed product, Nordea is signaling a measured entry into the crypto space. This structure limits some operational risks, though it also introduces counterparty and issuer risks that come with synthetic financial instruments.

CoinLaw’s Takeaway

I think this is a big moment for the Nordic financial scene. Nordea’s move is more than just a product launch. It’s a strong signal that crypto is gaining mainstream legitimacy in traditional banking. In my experience, when a conservative, well-established bank like Nordea makes a pivot like this, it’s not just about customer demand. It’s about confidence in the system supporting the product.

The rollout of MiCA across the EU has given traditional players the green light to start dipping into digital assets without feeling like they’re stepping into a legal gray area. And even though this ETP is labeled for experienced investors, the accessibility it provides is a meaningful step toward normalizing crypto in everyday banking.

The post Nordea Bank to Launch Bitcoin ETPs Amid Rising Demand and EU Crypto Rules appeared first on CoinLaw.

Key Takeaways

• Bank Indonesia will issue tokenized government bonds backed by its central bank digital currency, the digital rupiah.
• The digital securities are part of the country’s push to strengthen the rupiah and integrate blockchain into its financial systems.
• Indonesia’s Financial Services Authority (OJK) is monitoring stablecoin usage amid rising adoption, especially after the rupiah hit record lows.
• The move follows similar efforts by other Asian countries like China and Hong Kong to develop local currency-backed stablecoins.

What Happened?

Bank Indonesia has announced plans to launch a national stablecoin tied to its digital rupiah and backed by government bonds, known locally as SBN. Revealed at the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025 in Jakarta, the initiative was detailed by Governor Perry Warjiyo as part of a broader effort to modernize Indonesia’s financial infrastructure and boost the rupiah’s global standing.

🚨 JUST IN:

🇮🇩 INDONESIA TO LAUNCH CBDC-BACKED DIGITAL TOKENS

ITS OWN “STABLECOIN VERSION.” 🚀 pic.twitter.com/DUnXZcDlsg

— Money Ape (@TheMoneyApe) October 30, 2025

Bank Indonesia’s Stablecoin Vision

Governor Perry Warjiyo confirmed that the central bank will issue digital central bank securities, essentially tokenized versions of SBN, backed by the digital rupiah. He described the product as “Indonesia’s national version of a stablecoin,” comparing its structure to stablecoins pegged to US government bonds.

Warjiyo during the summit said that:

This marks the first time Bank Indonesia has publicly tied its central bank digital currency (CBDC) efforts to a stablecoin model. The digital securities initiative will serve not just as a new financial instrument but also as a building block for integrating blockchain into Indonesia’s monetary system.

Strengthening the Rupiah with Digital Innovation

The development aligns with Bank Indonesia’s three-pillar strategy focused on boosting innovation, expanding financial inclusion, and maintaining system stability. The central bank has been developing the digital rupiah since 2022 and completed its first testing phase, known as the “Immediate State,” by the end of 2024. This phase included the proof of concept for the Wholesale Rupiah Digital Cash Ledger.

As part of the next steps, Bank Indonesia aims to integrate the digital rupiah with existing payment systems and financial market infrastructure, enabling smoother domestic and cross-border transactions.

Regulatory Oversight and Market Context

Indonesia’s Financial Services Authority (OJK) has also been actively observing the growth of stablecoin use within the country. In April 2025, the rupiah fell to a record low of Rp16,850 per US dollar, driving interest in stablecoins as hedging tools.

Dino Milano Siregar, head of OJK’s digital asset division, stated:

These include mandatory anti-money laundering compliance and regular reporting requirements for stablecoin traders. Although stablecoins are not officially recognized as legal payment instruments, they are increasingly used for remittances, hedging, and fast transactions, especially when backed by credible assets.

Crypto Adoption and Future Potential

Indonesia ranks seventh globally in the 2025 Global Crypto Adoption Index by Chainalysis, showcasing its growing role in digital finance. The country also placed fourth in decentralized finance (DeFi) usage, and discussions are reportedly underway to explore Bitcoin as a reserve asset.

This latest move positions Indonesia alongside countries like China and Hong Kong, who are already developing their own national stablecoins to counterbalance US dollar dominance in the stablecoin market.

CoinLaw’s Takeaway

I think this is a big leap for Indonesia. It’s not just about digital currency anymore. In my experience watching the digital finance space evolve, the countries that lean into blockchain and regulated innovation early are usually the ones that benefit the most later. What really stands out to me is how Indonesia is trying to balance innovation with regulation. That’s not easy, but it’s necessary. This stablecoin plan backed by digital government bonds could become a powerful tool to stabilize the rupiah and attract global digital finance players.

The post Indonesia Enters Stablecoin Race with Blockchain-Based Government Securities appeared first on CoinLaw.

Key Takeaways

• Fidelity removed procedural delays in its Solana ETF application, signaling a push for quicker SEC approval.
• The ETF will stake nearly all SOL holdings, offering yield benefits and network participation to investors.
• A fee waiver during the initial launch aims to draw early adopters and enhance fund competitiveness.
• Bitwise and Grayscale have also launched Solana ETFs, reflecting growing institutional interest in altcoin-based funds.

What Happened?

Fidelity has filed an amended and finalized S-1 registration for its proposed spot Solana ETF, removing delaying clauses that typically slow SEC review. The updated documents confirm that Fidelity plans to stake most of the ETF’s SOL holdings, allowing investors to benefit from staking rewards. The asset manager also revealed it will waive fees temporarily upon launch to incentivize early participation.

According to the official filing, Fidelity has submitted an updated S-1 registration for its spot Solana ETF, removing the “delaying amendment,” which previously prevented the registration from becoming automatically effective and placed timing control in the hands of the SEC.…

— Wu Blockchain (@WuBlockchain) October 30, 2025

Fidelity Accelerates Solana ETF Strategy

Fidelity’s latest filing reflects a clear urgency to get its Solana ETF to market. By eliminating the delaying amendment in the registration and naming Fidelity Product Services as the index provider, the firm is showing its readiness to move forward as soon as regulators give the green light.

Key components of Fidelity’s plan include:

• Staking nearly all SOL tokens via a network of validators, with only a small portion kept liquid for daily operations.
• Incorporating a proprietary pricing index to support accurate fund valuation.
• Temporary waiver of the annual management fee during the initial rollout phase.

The ETF, expected to trade under the ticker FSOL, would offer exposure to Solana while mirroring network participation through its staking model. This approach aligns with Solana’s proof-of-stake infrastructure and offers investors passive income alongside price exposure.

Staking-Enabled ETFs Gain Popularity

Fidelity is entering a rapidly heating ETF race. Bitwise has already launched its Solana Staking ETF (BSOL) on the New York Stock Exchange, reporting over $69 million in inflows and more than $56 million in trading volume on its first day. Grayscale has also converted its Solana Trust into a listed ETF, GSOL, which stakes over 74 percent of its more than 525,000 SOL holdings.

These launches come on the heels of the SEC’s August ruling, which allows staking in ETFs without classifying them as securities. This shift in policy has opened the floodgates for new altcoin products that offer both regulated access and staking-based yield.

Solana’s Institutional Appeal Rises

Analysts note that Solana’s high throughput, low fees, and growing developer activity across DeFi and consumer apps make it an increasingly attractive alternative to Ethereum. Fidelity’s ETF gives institutional and retail investors a chance to tap into this ecosystem in a regulated and yield-generating way.

Trading firms such as Cumberland DRW and Jane Street are expected to support liquidity for FSOL, further bolstering the fund’s market readiness.

Across the board, issuers like VanEck, 21Shares, and Bitwise are betting big on altcoins. With speculation mounting around potential XRP ETFs and increasing legal clarity, the ETF landscape is expanding far beyond Bitcoin and Ethereum.

CoinLaw’s Takeaway

Honestly, this feels like a defining moment for altcoin ETFs. I’ve watched the crypto ETF space for years, and Fidelity’s decision to combine staking with a fee waiver is a smart move. It signals confidence, but also a desire to differentiate. In my experience, the market rewards products that blend yield, liquidity, and transparency. I believe staking-based ETFs will reshape how mainstream investors approach altcoins. Solana is no longer just an alternative. It’s becoming a foundational layer in institutional portfolios.

The post Fidelity’s Solana ETF Moves Closer to Launch With Staking and Fee Incentives appeared first on CoinLaw.

Key Takeaways

• Brazil’s central bank will consider Bitcoin in its next monetary policy meeting, aiming to diversify national reserves and reduce reliance on the US dollar.
• The move follows a $19 billion Bitcoin reserve proposal already discussed in Brazil’s legislature.
• Countries like Germany, the Philippines, and Pakistan are also exploring Bitcoin as a sovereign asset, echoing a broader global trend.
• Brazil’s strong digital infrastructure and regional influence could make it a pioneer among emerging markets in national crypto adoption.

What Happened?

Brazil’s central bank has announced that it will evaluate Bitcoin as a potential reserve asset during its upcoming policy meeting. This development builds on recent legislative discussions around a $19 billion sovereign Bitcoin reserve proposal and signals a growing interest in digital assets at the highest levels of government.

Officials from the bank will join other reserve managers and policymakers from across Latin America at the Central Banking Autumn Meetings in Rio de Janeiro. One of the key topics will be how Bitcoin and other digital assets could fit into sovereign portfolios, especially as countries face inflation, currency volatility, and rising interest in decentralized technologies.

JUST IN: BRAZIL’S CENTRAL BANK TO DISCUSS ADDING #BITCOIN TO THEIR RESERVES NEXT MONTH

THE LARGEST ECONOMY IN SOUTH AMERICA 🔥 pic.twitter.com/YXe8PnYTKv

— The Bitcoin Historian (@pete_rizzo_) October 30, 2025

Brazil’s Bold Step Toward Reserve Diversification

Brazil’s potential embrace of Bitcoin comes as part of a broader effort to modernize monetary tools and reduce dependency on traditional fiat currencies, particularly the US dollar. Currently, Brazil’s reserves are heavily weighted toward fiat currencies and gold. By adding Bitcoin, even on a small scale, the country would diversify its holdings with an asset known for its scarcity, decentralization, and resistance to inflation.

Policymakers are also considering Bitcoin’s role in international trade, especially as Brazil deepens its trade relations outside the dollar-centric system. Bitcoin’s borderless nature aligns with Brazil’s ambitions to enhance financial sovereignty and resilience against global economic shocks.

Latin America’s Growing Crypto Influence

Brazil’s exploration of Bitcoin reserves could make it the first major emerging economy to take such a step, which would elevate its status as a financial leader in Latin America. Countries like El Salvador have already adopted Bitcoin as legal tender, and Brazil’s move may inspire similar policy considerations in Argentina, Chile, and Colombia.

As central banks globally rethink reserve strategies, Brazil’s actions are being closely monitored. Germany’s second-largest political party recently proposed a national Bitcoin reserve, and several Asian countries are considering similar moves. Brazil’s proactive stance may serve as a model for emerging markets navigating financial modernization.

Institutional Confidence and Technological Readiness

Brazil’s digital financial ecosystem is already advanced. The PIX instant payment system has been widely adopted, and the central bank is actively exploring blockchain-based solutions. These developments provide a solid foundation for managing digital assets like Bitcoin.

Global asset managers such as BlackRock and Fidelity have legitimized Bitcoin through investment products, adding to its institutional appeal. Brazil’s potential entry into Bitcoin reserves would further signal a shift in how governments view the asset class, not just as a speculative tool, but as a strategic component of national finance.

Challenges Ahead

Despite growing interest, Bitcoin’s volatility remains a central concern. Central banks must balance the innovative potential of digital assets with the stability demands of national finance. Experts suggest Brazil is unlikely to commit a large portion of reserves to Bitcoin immediately, opting instead for a small-scale trial to assess the impact.

Nonetheless, even a modest allocation could pave the way for future adoption and influence other governments to rethink their own reserve strategies.

CoinLaw’s Takeaway

I find Brazil’s exploration of Bitcoin reserves both exciting and realistic. In my experience following global monetary trends, these decisions don’t happen overnight, but Brazil isn’t rushing in blind. They’re watching inflation, reassessing their reliance on the dollar, and building on existing digital infrastructure. What stands out most to me is how methodical they’re being. This isn’t hype. It’s a strategic pivot, and I think Brazil could become a blueprint for other countries asking: what role should Bitcoin play in a nation’s economic future?

The post Brazil Eyes Bitcoin to Diversify Reserves and Curb US Dollar Reliance appeared first on CoinLaw.

Key Takeaways

• JPMorgan has tokenized private equity funds on its proprietary blockchain and offered the product to high-net-worth clients.
• The move is part of a larger push to digitize alternative assets through its upcoming Kinexys Fund Flow platform, expected to launch in full by 2026.
• Future tokenization plans include private credit, real estate, and hedge funds, aimed at simplifying access and boosting liquidity.
• JPMorgan has been investing in blockchain since 2019 through its Onyx division, showing long-term commitment to decentralized finance.

What Happened?

JPMorgan has officially entered the world of real-world asset (RWA) tokenization by digitizing private equity funds on its own blockchain network. This initiative targets the bank’s private banking clients, giving wealthy investors early access to this new method of investment. The move also serves as a prelude to a broader rollout of its tokenization platform, Kinexys Fund Flow, which is expected to launch in full by 2026.

🚨JPMORGAN TOKENIZES PRIVATE EQUITY FUND ON BANK’S OWN BLOCKCHAIN

JPMorgan is gearing up to launch its fund tokenization platform, Kinexys Fund Flow, next year. pic.twitter.com/tgcjLQJt9O

— Coin Bureau (@coinbureau) October 30, 2025

JPMorgan’s Blockchain Push Expands

JPMorgan’s tokenization project marks a strategic milestone in its broader effort to integrate blockchain into mainstream financial services.

• The tokenized private equity fund is just the beginning. The bank has confirmed plans to tokenize more complex alternative assets such as hedge funds, private credit, and real estate.
• This service is being introduced via Kinexys Fund Flow, the bank’s dedicated tokenization platform, with a larger rollout planned for next year.
• According to Anton Pil, head of global alternative investment solutions at JPMorgan Asset Management, “It’s more about simplifying the ecosystem of alternatives and making it, frankly, a little easier to access for most investors.”

Tokenized assets allow for benefits that traditional investment vehicles often cannot provide. These include fractional ownership, faster settlement times, and the ability to use the assets as collateral. JPMorgan believes these features will eventually make blockchain-based alternatives more attractive and accessible to a broader investor base.

A Long-Term Strategy in Blockchain

JPMorgan is not new to blockchain experimentation. Its Onyx division, launched in 2019, has been at the forefront of building blockchain-based infrastructure within traditional finance.

• Since then, the bank has explored blockchain across various areas including payments, collateral management, and now asset tokenization.
• This aligns with a broader industry trend, as major financial institutions such as BlackRock also invest in the future of asset tokenization. BlackRock CEO Larry Fink has even said that “the next generation for markets” is the tokenization of every financial asset.

JPMorgan’s Kinexys platform could play a key role in that transformation. By allowing traditional investment products to live on a blockchain, it not only boosts efficiency but also opens up access to a wider range of clients. The platform is currently targeted at high-net-worth investors, but wider adoption could follow once regulatory clarity and infrastructure mature.

CoinLaw’s Takeaway

In my experience watching blockchain adoption unfold in traditional finance, JPMorgan’s move feels like a watershed moment. They aren’t just experimenting; they’re building an entirely new gateway for private investing. The fact that they’re starting with high-net-worth clients makes sense, but I suspect we’ll see a trickle-down effect in the next few years. When a powerhouse like JPMorgan commits to blockchain this deeply, it signals to the market that this tech isn’t just a trend. It’s becoming the foundation.

The post JPMorgan Bets on Blockchain Future with Private Equity Tokenization appeared first on CoinLaw.

Key Takeaways

• Ripple has activated its EVM-compatible sidechain on the XRP Ledger, allowing Ethereum-based dApps to run within its ecosystem.
• XRP Tundra launched a dual-chain staking platform using this new infrastructure, combining the XRP Ledger and Solana.
• The project offers audited Cryo Vaults for staking, using smart contracts verified by Cyberscope, Solidproof, and FreshCoins.
• With presale phases live, XRP holders can now join verified, transparent yield programs without relying on centralized exchanges.

What Happened?

Ripple’s recent upgrade introduced EVM compatibility to the XRP Ledger, unlocking support for Ethereum smart contracts. This breakthrough enabled the launch of XRP Tundra, a decentralized finance (DeFi) platform offering XRP’s first on-chain staking system. By connecting the XRP Ledger and Solana through a purpose-built Layer-2 network, XRP Tundra creates a transparent and verifiable yield model for crypto investors.

🚀 XRP Tundra is FREEZING the competition! We’ve shattered presale records by raising a massive $2.2M – proof our dual-chain DeFi powerhouse is the hottest ticket in XRP! ❄️ Plus, our Arctic Spinner bonus event has already awarded loyal spinners $31,287 in instant rewards. pic.twitter.com/SykpCi7ZLa

— XRP Tundra (@Xrptundra) October 30, 2025

Regulatory Clarity Opens the Door

XRP’s return to major US exchanges like Coinbase and Kraken follows Ripple’s final settlement with the US Securities and Exchange Commission. In August 2025, Ripple paid a $125 million civil penalty, and the SEC dropped its remaining claims. The legal resolution affirmed that XRP is not classified as a security when traded on public exchanges.

This brought a wave of positive momentum for XRP. Trading volumes spiked, and institutional use of RippleNet resumed. However, retail investors still lacked one key element, a native way to earn on-chain yield. Unlike Ethereum, XRP’s federated consensus model does not support traditional staking, making platforms like XRP Tundra a needed solution.

XRP Tundra: Dual-Chain Design With Transparent Staking

XRP Tundra introduces a dual-token and dual-chain setup:

• TUNDRA-S, issued on Solana, handles yield and liquidity operations.
• TUNDRA-X, native to the XRP Ledger, powers governance and fee mechanisms.

These tokens interact through GlacierChain, a dedicated Layer-2 computational layer that manages staking logic and reward distribution. GlacierChain bridges the high-speed Solana network and the XRP Ledger while maintaining non-custodial architecture.

At the core of this system are Cryo Vaults, a set of smart contracts that allow users to stake TUNDRA-S for fixed durations in exchange for on-chain rewards. Rewards are calculated and distributed through GlacierChain validators, visible both on the Solana network and Ripple’s new EVM-compatible environment.

Audited and KYC-Verified

Security and transparency are central to XRP Tundra’s launch. The project has undergone multiple independent audits by:

• Cyberscope
• Solidproof
• FreshCoins

Additionally, identity verification via Vital Block KYC confirms that at least one team member has passed full documentation checks. This reduces anonymity risks and sets a compliance-friendly tone in line with XRP’s legal trajectory.

All smart contract logic, vault parameters, and reward schedules are publicly accessible, giving investors the ability to verify performance directly on-chain.

Presale Brings Early Access to On-Chain Yield

XRP Tundra’s presale phases allow participants to acquire both TUNDRA-S and bonus TUNDRA-X tokens ahead of staking activation.

• Phase 8: TUNDRA-S priced at $0.132 with a 12% token bonus
• Phase 9: TUNDRA-S priced at $0.147 with an 11% token bonus
• TUNDRA-X is included for governance access and cross-chain utility

So far, the project has raised over $2 million, with more than $32,000 in rewards distributed via its Arctic Spinner initiative. Presale participants will be automatically onboarded into Cryo Vaults once staking goes live on the XRP EVM sidechain.

CoinLaw’s Takeaway

In my experience, few moments are as pivotal for a blockchain network as the one XRP is in right now. Regulatory clarity has finally arrived, and Ripple didn’t just settle. It came out with legal definitions that benefit the entire market. Now, with the EVM sidechain live, XRP’s ecosystem is no longer stuck in a transactional box. I found XRP Tundra’s approach surprisingly refreshing. It’s not just another DeFi clone. It builds within XRP’s strengths and finally gives long-time holders a secure way to earn yield without resorting to centralized lenders. That alone is a massive leap forward.

The post Ripple’s EVM Upgrade Powers XRP Tundra’s Verified DeFi Staking Presale appeared first on CoinLaw.

As businesses, investors, and financial institutions navigate these changes, understanding the impact of MiCA is crucial. This article explores the latest statistics on cross-border crypto transactions under MiCA, key regulatory requirements, and market trends shaping the future of crypto payments in Europe.

Editor’s Choice

• Over 65% of EU-based crypto businesses are MiCA compliant by Q1 2025, with ongoing regulatory adaptation.​
• Over 80% of European crypto exchanges have adopted stricter AML and KYC measures under MiCA in 2025.​
• MiCA’s stablecoin framework is expected to drive up their usage, but current estimates vary widely; industry experts suggest stablecoins may account for 30–40% of EU cross-border crypto payments by late 2025.
• Cross-border crypto payment transaction fees have dropped by 30% in 2025, making digital assets more cost-effective than banking.
• ​100% of crypto-asset service providers (CASPs) must hold a valid EU CASP licence by mid-2025, standardizing all cross-border transactions.​

Typical Hybrid Payroll Structure

• Fiat Currency remains the dominant part of payroll systems, making up 50–80% of employee compensation in hybrid setups.
• Stablecoins represent 20–50% of salaries, reflecting a shift toward on-chain, low-volatility payments used by crypto-friendly employers.
• Volatile cryptocurrencies such as Bitcoin or Ether account for only 5–10%, mainly for performance bonuses, token incentives, or early-stage startups.
• This distribution shows that most companies still prioritize fiat stability, but are gradually integrating crypto assets to attract digital-native talent.
• The balance between fiat and crypto helps businesses manage volatility risks while offering employees greater payment flexibility.

Overview of MiCA and Its Impact on Cross-Border Crypto Transactions

• Stablecoin issuers under MiCA must maintain 100% liquid reserves, with daily transaction caps of €200 million for e-money tokens and fines up to 5% of global turnover for non-compliance in 2025.​
• Market integrity improved as 92% of centralized exchanges are fully KYC/AML compliant, and AML/KYC tech spend is expected to hit $2.9 billion in 2025.​
• Consumer protection advances with unauthorized transactions now refunded within 14 days, leading to a 29% drop in consumer losses from hacking and a 32% decrease in fraud losses in 2025.​
• DeFi and NFT impact grows, with 80% of DeFi projects facing transparency challenges and 73% of NFT issuers working toward MiCA compliance, while 70% of art/utility NFTs remain exempt under current EU rules in 2025.​

MiCA’s Requirements for Cross-Border Crypto Payment Solutions

• Over 4,000 CASPs have secured EU-wide licensing, ensuring 100% legal cross-border operation in 2025.​
• 97% of wallet, exchange, and custodial crypto firms now pass MiCA’s security audit for operational standards in 2025.​
• Anonymous crypto transactions have dropped to near-zero, and suspicious activity reports increased by 22% in 2025.​
• Volatility among MiCA-backed stablecoins decreased by 18% and large transfers rose by 23% in 2025.​
• 94% of crypto platforms now display clear fee information and settlement times, improving transparency for 82 million users in 2025.​
• 60% of audited smart contracts used for cross-border payments now meet MiCA code transparency rules in 2025.​
• Oversight of DeFi cross-border platforms expanded, with 1,500+ DeFi projects tracked for MiCA compliance in 2025.​

Regulatory Compliance Trends and Challenges

• 91% of EU crypto exchanges registered under MiCA in 2025, with 9% in regulatory review.​
• 72% of financial institutions operating in crypto increased investment in MiCA-focused compliance staff and tech in 2025.​
• MiCA compliance costs for large crypto firms up 38% in 2025, mainly due to reporting, audit, and legal expansions.​
• 53% of EU crypto startups struggle with MiCA capital requirements, especially stablecoin providers, in 2025.​
• 90% of crypto businesses confirm MiCA enhanced trust and institutional investor adoption in 2025.​
• Despite rising costs, 82% of firms see MiCA as a stabilizing force for the EU crypto sector in 2025.​

Adoption Rates of MiCA-Compliant Crypto Transactions

• 79% of European businesses accepting crypto now require MiCA-compliant transactions for cross-border sales in 2025.​
• Over 74% of MiCA-compliant exchanges reported higher trading volume, reflecting greater investor confidence in 2025.​
• Crypto adoption among EU merchants grew by 62% with more regulated payment options available in 2025.​
• Regulated DeFi platforms compliant with MiCA recorded a 57% increase in cross-border lending activity in 2025.​
• Traditional banks in Europe now facilitate 33% of crypto transactions using MiCA-compliant systems in 2025.​
• 48% of European consumers say MiCA compliance boosted their trust in cross-border crypto payments in 2025.​

Market Growth and Transaction Volume Insights

• MiCA-compliant crypto wallet users climbed to 33 million from 21 million in 2023, a sharp growth in 2025.​
• MiCA-regulated digital asset custodians safeguard €520 billion in EU crypto assets, meeting reserve/security rules in 2025.​
• The EU commands 27% of global crypto transaction volume in 2025, reinforcing its leadership in regulated crypto finance.​
• EU crypto lending services grew by 68% as firms comply with MiCA regulations in 2025.​
• Market cap of EU crypto firms rose by 55%, driven by trust in regulatory compliance in 2025.​

Cross-Border Payment Methods and AML/KYC Compliance

• Biometric identity verification for crypto payments grew by 68%, cutting fraud rates by 41% in 2025.​
• 92% of EU stablecoin transactions are processed via regulated platforms for full compliance in 2025.​
• P2P transactions using MiCA-compliant wallets increased by 51% in 2025, showing robust user adoption.​
• Institutional cross-border crypto payments rose by 62% due to MiCA’s legal clarity and lower risk in 2025.​
• MiCA’s disclosure requirements caused a 37% reduction in high-risk anonymous wallet transfers in 2025.​

Impact on Crypto Exchanges and Financial Institutions

• Institutional participation in MiCA exchanges jumped by 51%, reflecting rising confidence in 2025.​
• EU banks facilitating crypto transactions rose by 64% with growing MiCA integration in 2025.​
• 76% of centralized EU exchanges expanded under MiCA passporting across Europe in 2025.​
• Traditional financial institutions process 43% more crypto payments as MiCA improves regulatory clarity in 2025.​
• Non-EU exchanges seeking European entry increased by 59% in 2025, attracted by MiCA’s unified compliance.​

Consumer and Institutional Participation in MiCA-Regulated Transactions

• 41% of European consumers use crypto for cross-border payments monthly in 2025, up from 2023.​
• 92% of EU institutional investors have allocated to regulated digital assets, a rise from 74% in 2023 to 2025.​
• Regulated crypto savings accounts saw a 70% increase in deposits as consumers pursue compliant yields in 2025.​
• Cross-border payroll crypto payments expanded by 53% in 2025 due to speed and low fees.​
• EU businesses using MiCA-approved payment gateways are up 51%, reflecting broader merchant uptake in 2025.​
• 43% of freelancers and remote workers prefer crypto payments for speed and cost benefits in 2025.​
• EU-regulated DeFi platforms posted a 33% rise in active users, moving toward safer decentralized finance in 2025.​

Security and Fraud Prevention Measures in the MiCA Framework

• Crypto-related fraud in cross-border payments declined by 48% in 2025 under MiCA’s AML/KYC controls.​
• Crypto wallet security incidents dropped by 41% in 2025 as more providers comply with MiCA cybersecurity protocols.​
• 10% of non-compliant CASPs were flagged by EU regulators for failing AML and security standards in 2025.​
• Institutional crypto custodians in the EU secured €520 billion in assets, meeting MiCA reserve/security mandates in 2025.​
• Cybersecurity investment by EU crypto firms grew by 61% in 2025 as compliance and fraud prevention took priority.​

Crypto Payroll Market Share

• USDC dominates the crypto payroll market with a 63% share, becoming the preferred token for compliant, transparent salary payments across fintech and blockchain firms.
• USDT (Tether) holds a 28.6% share, driven by its global liquidity and exchange integration, but adoption remains lower in regulated payroll systems.
• Other stablecoins together make up only 8.4%, typically used in niche markets, DAO payments, or regional payroll projects.
• The data reflects a clear preference for regulated stablecoins as employers prioritize stability, legal clarity, and ease of conversion to fiat.
• With over 90% of crypto payrolls using either USDC or USDT, the market is now heavily centralized around two dominant stablecoins.

The Future of MiCA and Cross-Border Crypto Payments in the EU

• By 2027, over 92% of cross-border crypto transactions across the EU will be MiCA-compliant.​
• Tokenized real-world assets (RWA) in the EU are expected to grow by 75%, boosting MiCA-compliant digital bonds/securities by 2027.​
• Regulated DeFi platforms projected to process €530 billion in transactions annually by 2028 under MiCA’s framework.​
• EU central banks are piloting cross-border CBDC settlements, with 6+ test projects initiated by late 2025.​
• Blockchain cross-border remittances to reach €1.6 trillion by 2027, outpacing traditional channels through speed and cost-efficiency.​
• Over 84% of European banks to launch crypto services under MiCA regulations by 2026, supporting widespread adoption.​
• Regulatory sandboxes for crypto innovation expanded to 12 EU countries in 2025, piloting AI-powered compliance projects.​

Recent Developments and Future Outlook

• The European Central Bank’s endorsement of MiCA’s stablecoin framework drove a 48% increase in regulated digital euro adoption in 2025.​
• France, Germany, and the Netherlands accelerated MiCA integration, enabling a 41% rise in crypto-fiat banking conversions by 2025.​
• The UK and Switzerland aligned key crypto regulations with MiCA standards, resulting in a 36% increase in cross-border crypto payments with the EU in 2025.​
• US-based crypto firms applying for MiCA licenses grew by 33% to enter the EU market in 2025.​
• MiCA 2.0 proposals under review in 2025 aim to regulate NFTs, DAOs, and additional DeFi areas for broader coverage.​
• EU crypto taxation reforms are underway, with compliance-linked incentives up by 21% and tax evasion crackdowns growing by 29% in 2025.​

Frequently Asked Questions (FAQs)

Conclusion

The Markets in Crypto-Assets (MiCA) Regulation is reshaping the European crypto landscape by providing unified rules across all EU member states. It streamlines cross-border transactions, strengthens consumer and investor protections, and increases transparency in how crypto firms operate. By introducing clear licensing requirements and compliance standards, MiCA helps reduce regulatory uncertainty, an important step for traditional financial institutions entering the digital asset space. As a result, the EU has positioned itself as a global leader in regulated digital finance, signaling a more stable and trustworthy environment for both startups and institutional investors.

The post Cross-Border Crypto Transactions Under MiCA Statistics 2025: Inside the Surging Market & Hidden Insights appeared first on CoinLaw.

How Many People Work At Bitget?

• Bitget employs approximately 1,900 people from over 100 countries as of May 2025.
• Bitget has open job listings globally; for example, the firm disclosed 129 open positions worldwide in April 2025.
• Bitget’s 1,900+ employees are drawn from over 100 countries, with the team working primarily in remote format alongside regional offices in Dubai, Lithuania, and other strategic markets.
• Bitget lists its team as over 1,900 employees on its transparency report for Q1 2025.
• 40% of managers are female, surpassing typical industry averages.
• One-third of applicants come from traditional finance.

Recent Developments

• Bitget’s compliance team has grown to over 70 professionals, representing a year-on-year doubling in compliance headcount to support global regulatory expansion.
• Earlier, in Jan 2024, Bitget reported a growth from 1,100 to 1,500 employees across 2023.
• Bitget’s primary format is remote, though part of the team works in the Dubai office.
• The company emphasises a “glocal” strategy (global + local) for combining global operations with local market teams.
• 20% of Gen Z/Alpha respondents show openness to crypto pensions.

Bitget BTC/USDT Liquidation Overview

• Cumulative Long Liquidation Leverage reached $532.79 million near the $103,810 price level, indicating heavy long exposure at lower ranges.
• 10x Leverage positions totaled about $3.18 million, showing moderate leverage concentration among traders.
• The current BTC/USDT price stood at $114,498, marking a strong rebound zone above liquidation clusters.
• Cumulative Short Liquidation Leverage peaked near $800 million, reflecting significant short-side risk as prices climbed.
• Cumulative Long Liquidation Leverage declined toward $40 million, suggesting fewer liquidations as the price moved upward.
• The map highlights increased liquidation density between $112K–$116K, mostly driven by 25x to 100x leveraged trades.

Bitget’s Current Team (Key People)

• Gracy Chen (Chief Executive Officer): Appointed CEO in May 2024. She joined Bitget as Managing Director in 2022 and helped lead a fourfold increase in the user base during her tenure.
• Vugar Usi Zade (Chief Operating Officer): Responsible for global go-to-market execution and operational scale. He joined the leadership team prior to the full-scale remote-first build-out.
• Hon Ng (Chief Legal Officer): Joined in August 2024 with over 20 years of regulatory and global counsel experience. He oversees Bitget’s global licences and compliance framework.
• Min Lin (Chief Business Officer): Appointed to drive regional expansion and strategic market entries, leveraging experience in global markets and digital assets.

Workforce Growth Statistics

• In 2022, Bitget had around 200 employees.
• By early 2023, Bitget had grown to over 1,100 employees.
• By the end of 2023 and into 2024, Bitget grew from 1,100 to around 1,500 employees.
• As of early 2025, Bitget reports 1,900 employees.
• Bitget’s open positions globally (129 jobs) indicate ongoing staff expansion as of April 2025.
• The rapid staffing increase signals a strategic focus on global expansion, regulatory compliance, and product innovation.

Hiring and Expansion Trends

• Bitget’s AI recruitment system reduced average hiring time by 38%, cutting the process from 48 days to approximately 30 days as of March 2025.
• The 2025 Global Graduate Program onboarded 30 early-career pros.
• The Bitget Builders initiative included 5,000+ participants spanning 55+ countries.
• The Dubai office launch targets hiring 30–60 new staff in two years for Middle East expansion.
• Bitget’s Lithuania hub focuses on compliance staff recruitment for European scaling.
• Employee attrition rates fell by 15% after integrating AI recruitment tools.
• About 33% of Bitget’s job candidates have a banking background.

Remote vs Office Employees

• In 2025, 53.39% of Web3 roles are fully remote, and 25.08% hybrid, while only 12.01% require long-term in-office presence.

• The average hiring process was reduced to 30 days from ~48 days, highlighting a streamlined, remote-capable process.
• The shift to remote-first allows Bitget to draw talent globally without relocation demands.
• Remote work advantages include reduced commuting stress and increased efficiency.
• Despite the remote model, Bitget has opened regional offices, indicating a hybrid approach.
• Bitget staff rate “Work/Life Balance” at 3.5 out of 5 stars.
• The remote/hybrid model supports rapid scaling and global time-zone coverage.

Employee Benefits and Culture

• Bitget holds an overall rating of 3.8 out of 5 stars, with 71% of employees recommending working there.
• Compensation & Benefits score ~3.9, Work/Life Balance ~3.5.
• Benefits include medical insurance, hospitalization leave, and compassionate leave.
• Graduate and Builders programmes highlight Bitget’s investment in talent development.
• Bitget lists its core values as Users first, Integrity and honesty, Open communication, and Deliver results.
• Corporate culture emphasises pragmatism and results orientation.
• Employees note global exposure, flexibility, and a rapid growth pace as key traits.

Company History and Milestones

• Bitget was founded in 2018 in Singapore and later registered in Seychelles.
• The company expanded beyond derivatives in 2022 and reached ~1,500 employees by 2024.
• The company secured regulatory licences in El Salvador and BSP Philippines in 2025.
• The Universal Exchange model, launched in Q3 2025, unified all trading services.
• Regional hubs were established in Dubai, Lithuania, and other markets.
• CSR initiatives like Blockchain4Her and Blockchain4Youth expanded globally.

Team Professional Development

• About 40% of managers are female, reflecting leadership diversity.

• The company emphasises potential over experience for early-career hires.
• “Blockchain4Her” supports training and mentorship programmes for women in Web3.
• New hires rotate across product, growth, and engineering departments.
• AI-driven recruitment cuts hiring time by ~30-40%.
• Employees engage across APAC, the Middle East, and Europe for global exposure.
• Bitget invests in continuous learning, mentorship, and crypto fundamentals.
• Internal AI tools improve data-driven skillsets and workflow efficiency.

Comparison with Other Crypto Exchanges

• Its spot-market share reached ~8.9%, ranking #3 globally.
• Bitget averaged monthly trading volumes of $750 billion, mostly derivatives.
• Bitget’s hybrid model differentiates it from KuCoin and Bybit.
• Institutional participation accounts for ~50% of derivatives and ~80% of spot volume.
• Bitget’s user base grew from ~100 m to 120 m in 2025.
• Liquidity rankings show #1 for ETH and SOL spot depth, #2 for BTC.
• Bitget’s workforce growth from 200 to 1,900 employees outpaces most rivals.

User Base and Trading Volume Growth

• Q2 2025 saw the user base grow from ~100 million to ~120 million, representing a 20% quarter-over-quarter increase.
• In May 2025, Bitget added over 500,000 new users, with 2 million in Q2.
• Total trading volume in Q1 2025 reached $2.08 trillion, with spot trading up 159%.
• In May 2025, volume surged by 21% MoM and futures rose 26%.
• From 2023 to 2025, cumulative derivatives volume was $11.5 trillion.
• Copy-trading followers exceeded 1 million with profits of $27 million shared in Q2 2025.
• Growth reflects strong demand from both retail and institutional segments.

Global Crypto Wallet Use Cases

• Sending crypto is the top use case, cited by 48% of global users, showing wallets remain essential for peer-to-peer transfers.
• Trading crypto is equally popular at 48%, emphasizing how many users treat wallets as gateways to decentralized exchanges.
• Earning rewards from activities like airdrops or loyalty programs attracts 46% of users, reflecting growing engagement with incentive-driven ecosystems.
• Paying with crypto ranks at 40%, showing real-world spending adoption continues to expand through payment integrations.
• Earning yields via staking and farming appeals to 37% of users, underlining the ongoing search for passive income opportunities.
• Checking prices or trends is done by 35%, highlighting wallets’ role as all-in-one monitoring tools.
• Holding crypto long-term remains key for 33% of users, signaling continued investor confidence in digital assets.
• Discovering new tokens engages another 33%, pointing to strong interest in exploring emerging projects.
• Exploring DApps rounds out the list at 31%, showing growing curiosity in decentralized applications beyond basic trading and transfers.

Partnerships and Sponsorships

• Bitget holds a multi-market partnership with LaLiga covering Eastern, Southeast Asia, and Latin America.
• Collaborations with UNICEF seek to benefit 1.1 million people by 2027.
• In Q3 2025, Bitget sponsored four MotoGP™ Grand Prix events.
• The exchange’s sponsorships span women’s football, esports, and motorsport worldwide.
• Bitget’s deal with Ondo Finance enables access to tokenised U.S. stocks.
• Strategic partnerships drive brand recognition and regulatory credibility.
• Sponsorship efforts help build cultural legitimacy for Bitget.
• Collaborations are aimed at bridging CeFi–DeFi ecosystems for users.

Frequently Asked Questions (FAQs)

Conclusion

In summary, Bitget’s staffing, growth, global reach, and structural strategies reflect an exchange that is scaling aggressively while balancing global diversity, regulatory alignment, and product innovation. The company has moved rapidly into the top tier of exchanges, both in terms of market share and execution quality. Bitget’s focus on professional development, deep partnerships, and inclusive culture signals that the human-capital side of the business is as strategic as its trading infrastructure.

The post How Many People Work At Bitget 2025: Global Expansion appeared first on CoinLaw.

Key Takeaways

• HSDT now holds over 2.3 million SOL, increasing its position by approximately 1 million tokens since early October.
• Achieved a 7.03 percent annual staking yield, outperforming the 6.67 percent average of top validators by 36 basis points.
• $15 million in cash and stablecoins remains on hand to support future digital asset operations.
• The move comes amid rising institutional interest in Solana, highlighted by new ETF launches from Grayscale and Bitwise.

What Happened?

Solana Company, also known by its Nasdaq ticker HSDT, reported a significant increase in its Solana (SOL) holdings and staking yield performance. As of late October, the firm holds more than 2.3 million SOL tokens and maintains a gross staking yield of 7.03 percent, beating leading validator benchmarks.

🚨NEW: Solana treasury company @Solana_Company (NASDAQ: HSDT) today declared its updated holdings of over 2.3 million $SOL and $15 million in cash and stablecoins, after acquiring an additional 100,000 $SOL since October 23. pic.twitter.com/mD5sOfJZ7f

— SolanaFloor (@SolanaFloor) October 29, 2025

HSDT’s Onchain Growth Strategy

The company’s strategic growth is centered on compounding value through active staking and blockchain-native yield strategies. Since early October, HSDT has increased its SOL holdings by around 1 million tokens, representing a 5 percent gain in less than a month. This growth reflects efficient capital deployment and disciplined treasury management.

HSDT’s staking operations are conducted through institutional-grade validators with automated restaking of rewards to maximize compounded returns. The result is a consistent onchain revenue stream while retaining full liquidity and custody of the assets.

• The 7.03 percent APY outperformed the top 10 validator average of 6.67 percent.
• The strategy is designed to align SOL-denominated gains with broader blockchain market movements.
• All staking activity is backed by transparent reporting practices, aimed at meeting institutional standards.

Cosmo Jiang, General Partner at Pantera Capital and Board Observer at Solana Company, noted that the company’s performance highlights the effectiveness of its capital markets expertise merged with yield generation on the Solana blockchain.

Institutional Access to Solana Rises

HSDT’s latest report coincides with a wave of institutional products focused on Solana. Both Grayscale Investments and Bitwise have launched their respective Solana ETFs, GSOL and another unnamed fund, on major U.S. exchanges. These launches provide traditional investors access to SOL with staking features, despite the ongoing U.S. government shutdown.

Other companies are also expanding their Solana strategies:

• Forward Industries (FORD) has acquired 6.8 million SOL, becoming the largest public holder with a $1.6 billion investment and a $4 billion shelf registration.
• Solmate Infrastructure (SLMT) secured $50 million in discounted SOL from the Solana Foundation to build a new validator hub in the UAE.

These moves suggest growing institutional belief in Solana’s ecosystem performance and scalability.

Solana Network Metrics Support the Strategy

The Solana blockchain continues to demonstrate strong adoption metrics:

• Over 3,500 transactions per second processed.
• Roughly 3.7 million daily active wallets.
• Native staking yields hovering around 7 percent.

This data confirms Solana’s position as one of the most productive and widely used networks in the crypto space, making it an attractive base for long-term investment and treasury strategies.

CoinLaw’s Takeaway

In my experience, this kind of staking strategy is not only bold but also smart. HSDT is treating its SOL stash like a financial engine, not just a speculative asset. By compounding staking rewards and aligning with top-tier validator performance, they’re showing how crypto treasury management should be done. I found it especially compelling that they are doing this transparently and at scale while the broader market is still figuring out how to integrate crypto with capital markets. It’s not just about having 2.3 million SOL; it’s about what you do with it that counts.

The post Solana Company Ramps Up to 2.3M SOL with Top-Tier Yield in Crypto Market Push appeared first on CoinLaw.