The company expanded its ETH treasury while Chairman Tom Lee pointed to Robinhood Chain's rapid growth on Ethereum.
- BitMine increased its Ethereum treasury to 5.77 million ETH, or 4.8% of the token's circulating supply.
- Nearly five million ETH are staked, with the company also holding bitcoin, cash and equity investments.
- Tom Lee said Robinhood Chain's early trading activity highlights Ethereum's growing utility.
Newsletters
- 1 Palantir's Europe head warns the region is 'missing the boat' on AI just as it did with the internet 6 hours ago
- 2 Tom Lee sees $2 trillion wealth transfer fueling crypto demand as Bitmine buys more ether 7 hours ago
- 3 Tokenized catastrophe bonds target the disaster-insurance gap 7 hours ago
- 4 Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link 10 hours ago
- 5 Ledger claims CryptoBilis cases are limited as up to $93 million is traced, $10 million frozen 10 hours ago
- 6 Bitcoin falls below $83,000 as dollar strength keeps markets on edge 11 hours ago
- 7 Global financial watchdog calls for cross-border information sharing, planning for stablecoin crisis 11 hours ago
- 8 South Korea just got its first traditional bank loans backed by bitcoin 11 hours ago
- 9 SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI 12 hours ago
- 10 Altcoins rally on thin trading as bitcoin holds below $83,500 12 hours ago
Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters :
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Bitcoin falls below $83,000 as dollar strength keeps markets on edge
Altcoins rally on thin trading as bitcoin holds below $83,500
U.S. inflation, Ethereum upgrade talks: Crypto Week Ahead
Palantir's Europe head warns the region is 'missing the boat' on AI just as it did with the internet
Tom Lee sees $2 trillion wealth transfer fueling crypto demand as Bitmine buys more ether
Tokenized catastrophe bonds target the disaster-insurance gap
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