Market maker GSR increased Bitcoin's weight in its Core3 model portfolio on August 5 as cryptocurrency markets experienced significant declines, with Solana falling over 40% year-to-date and the overall portfolio down 57.8% annually. The adjustment comes as cryptocurrencies fail to keep pace with global equities hitting record highs.
Crypto payment platform MoonPay has added Discover Network as its third major U.S. card network, alongside Visa and Mastercard. The integration allows eligible Discover Network cards to be used for cryptocurrency purchases and sales through MoonPay, while MoonPay said U.S. cardholders can buy thousands of supported tokens, including Bitcoin, Ethereum, XRP, and Solana.
Morgan Stanley Wealth Management announced a partnership with Galaxy Digital allowing eligible high-net-worth clients to lend Bitcoin, Ethereum, or Solana as collateral in exchange for shares of spot crypto exchange-traded products.
Zurich-based Sygnum Bank has connected its regulated cryptocurrency services directly to BancaStato's online banking system, enabling the Swiss cantonal bank's clients in Ticino to buy, hold, and sell digital assets including Bitcoin, Ethereum, Litecoin, and Solana through their existing banking interface.
Interactive Brokers has launched crypto trading for eligible retail investors in the European Economic Area, offering 11 cryptocurrencies including Bitcoin, Ethereum, Solana, and XRP alongside traditional assets in a single account.
