Anchorage Digital CEO Nathan McCauley revealed that as many as 20 financial institutions and large tech companies are waiting to issue their own stablecoins with the U.S.-regulated custody firm, indicating significant institutional interest in stablecoin issuance.
Cantor Fitzgerald contributed $10 million to the Crypto Fellowship PAC, which is led by Tether's head of government affairs and has disclosed $11 million in total funding. The committee spent $3 million on advertising through a firm co-founded by Tether US CEO Bo Hines.
Bitwise added ticker $BHYP and a 0.67% management fee in its latest amended S-1 filing for a Hyperliquid ETF. Multiple asset managers including Grayscale, 21Shares, and VanEck are competing to launch HYPE-linked ETFs.
Tokenization platform Midas secured $50 million in Series A funding to scale its institutional asset infrastructure. The company holds regulatory approval in Liechtenstein under the DLT framework enabling EU-wide passporting.
