Crypto.com CEO Acquires AI.com Domain for $70 Million

Kris Marszalek has acquired the AI.com domain for $70 million to launch an autonomous AI agent service. The platform is scheduled for a national debut during the Super Bowl.

Julia Sakovich By Julia Sakovich Updated 2 mins read
Crypto.com CEO Acquires AI.com Domain for $70 Million

Kris Marszalek, CEO of Crypto.com, has acquired the AI.com domain for a reported $70 million to launch an autonomous AI agent platform. The acquisition, which ranks as one of the largest domain-name transactions in history, precedes a national product launch scheduled for this Sunday. The service will be formally introduced through a Super Bowl advertisement, continuing Marszalek’s history of high-profile marketing campaigns to drive retail adoption within the digital asset and technology sectors.

The platform will offer users autonomous agents capable of managing digital workflows, scheduling, and personal tasks. While the base service will be accessible for free, a tiered subscription model will provide advanced processing capabilities and increased token limits. Marszalek stated that the long-term vision involves a decentralized network of agents, signaling a strategic integration between blockchain infrastructure and advanced artificial intelligence to accelerate the development of agentic capabilities.

This initiative follows similar moves by technology majors, including Microsoft, Google, and Nvidia, which have recently deployed agent-based AI solutions. The high valuation of the domain reflects the escalating competition for AI-related digital assets and branding. By combining agentic AI with decentralized networks, the project aims to capitalize on the growing institutional and retail interest in autonomous digital assistants while leveraging the established reach of the exchange’s brand.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News, Technology & Security

Analysts See 400% Upside for GEMI After Gemini Overseas Exit

Mizuho analysts say Gemini’s exit from overseas markets and workforce cuts could accelerate profitability and drive significant upside for GEMI shares.

Julia Sakovich By Julia Sakovich Updated 2 mins read
Analysts See 400% Upside for GEMI After Gemini Overseas Exit

Gemini Space Station (GEMI) is streamlining operations by exiting the UK, European Union, and Australian markets while reducing its global workforce by 25 percent. Mizuho analysts described the move as margin-accretive, noting that the exchange is pivoting away from high-cost geographic expansion toward jurisdictions with clearer regulatory frameworks. By narrowing its strategic scope to the US and Singapore, the firm intends to redeploy compliance and operational resources more efficiently.

The restructuring is expected to incur approximately $11 million in pre-tax charges during the first quarter of 2026. However, Mizuho expects operating leverage to improve by the second half of the year as these restructuring expenses roll off. The firm reiterated its Outperform rating and $26 price target for GEMI shares, which recently traded near historic lows. Analysts noted that achieving profitability has been a consistent point of investor scrutiny for the exchange since its public listing.

Beyond core trading, Gemini is focusing on growth in institutional custody and regulated prediction markets. The company recently received approval from the Commodity Futures Trading Commission to launch prediction services in the U.S., a sector Mizuho views as a key revenue stabilizer. While broader market sentiment remains divided between fintech and crypto-native platforms, Gemini’s strategic reset aims to defend and grow its market share through a more concentrated domestic footprint.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Markets & Trading, News, Regulation & Policy

Tether Assists Turkey in Seizing $544M Linked to Illegal Betting

Tether froze more than $500 million in USDT at the request of Turkish authorities investigating an illegal betting and money-laundering network.

Julia Sakovich By Julia Sakovich Updated 2 mins read
Tether Assists Turkey in Seizing $544M Linked to Illegal Betting

Tether has assisted Turkish authorities in seizing approximately $544 million in USDT tied to an illegal online betting and money-laundering network. CEO Paolo Ardoino confirmed the company’s involvement following an investigation by Istanbul prosecutors into Veysel Sahin, who is accused of operating unlawful platforms. The frozen assets represent a significant portion of the total $1 billion in assets recently seized by Turkish officials in related probes.

The intervention aligns with Tether’s broader strategy of institutional cooperation. The company reports assisting law enforcement in over 1,800 cases across 62 jurisdictions, resulting in the freezing of $3.4 billion in USDT to date. According to data from Elliptic, Tether and Circle have collectively blacklisted approximately 5,700 wallets by late 2025. This proactive stance comes as stablecoins face heightened scrutiny regarding their role in sanctions evasion and illicit financial flows.

Despite regulatory challenges, Tether’s market dominance continues to expand. The USDT market capitalization recently reached a record $187.3 billion, driven by increased network usage and active wallet growth. While competitors such as USDC and USDe have seen stagnated or declining volumes, Tether remains the primary liquidity provider for the digital asset ecosystem. This latest enforcement action underscores the balance the firm must maintain between market expansion and compliance with global legal frameworks.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

News, Regulation & Policy

Bitcoin Difficulty Sees Sharpest Drop since 2021

Bitcoin mining difficulty fell more than 11% in a single adjustment, marking its steepest decline since China’s 2021 mining crackdown.

Julia Sakovich By Julia Sakovich Updated 1 min read
Bitcoin Difficulty Sees Sharpest Drop since 2021

Bitcoin’s network mining difficulty declined by approximately 11.16% in its latest adjustment, the steepest drop since China’s ban on crypto mining in 2021. The adjustment took effect at block 935,429, lowering difficulty to about 125.86 trillion and pushing average block times above the protocol’s 10-minute target.

The decline follows a period of reduced network hashrate driven by weaker Bitcoin prices and operational disruptions among miners. Data indicates difficulty may fall again later this month, reflecting continued strain across the mining sector as profitability tightens and participation fluctuates.

External factors also contributed to the contraction. Severe winter weather in the United States temporarily forced several large mining operations offline, while some miners shifted capacity toward artificial intelligence data centers and other high-performance computing uses. Together, these dynamics underscore the sensitivity of Bitcoin’s mining economics to market conditions, energy reliability, and evolving infrastructure priorities.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Bitcoin, Markets & Trading, News

Polymarket Shifts to Native USDC Settlement

Polymarket is partnering with Circle to migrate its settlement infrastructure from bridged USDC on Polygon to Circle-issued native USDC.

Julia Sakovich By Julia Sakovich Updated 1 min read
Polymarket Shifts to Native USDC Settlement

Prediction market platform Polymarket is transitioning its settlement infrastructure to Circle-issued native USDC, moving away from bridged USDC previously used on Polygon. The change will be implemented over the coming months, according to a joint announcement from Circle Internet Group and Polymarket.

Currently, Polymarket relies on bridged USDC, which represents tokens locked on another blockchain. By adopting native USDC issued directly by Circle’s regulated entities, the platform aims to reduce dependence on cross-chain bridges while improving capital efficiency and settlement reliability. Native USDC can be redeemed one-for-one for US dollars without intermediary mechanisms.

The shift comes as prediction markets expand and attract greater participation from both retail users and crypto-native firms. Polymarket’s move aligns with a broader industry trend toward regulated stablecoins as infrastructure providers seek to lower operational risk while supporting higher transaction volumes and institutional standards.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Altcoins, DeFi & FinTech, News

Tether Invests $100M in Anchorage Digital

Tether has made a $100 million equity investment in Anchorage Digital, deepening its partnership with the federally regulated US crypto bank.

Julia Sakovich By Julia Sakovich Updated 1 min read
Tether Invests $100M in Anchorage Digital

Tether has completed a $100 million strategic equity investment in Anchorage Digital, formalizing and expanding an existing partnership between the stablecoin issuer and the federally chartered US crypto bank. The investment was made through Tether Investments, the company’s El Salvador-based investment arm, according to a statement released Thursday.

The deal builds on prior collaboration between the firms, including Anchorage’s role in issuing USAt, a dollar-pegged stablecoin launched in January and designed to operate under the US federal payment stablecoin framework established by the GENIUS Act. Anchorage Digital, founded in 2017, provides custody, settlement, staking, and stablecoin issuance services to institutional clients.

The investment comes as Anchorage Digital is reported to be exploring a capital raise of $200 million to $400 million ahead of a potential initial public offering next year. For Tether, the move reflects continued deployment of capital following strong profitability and growing involvement across banking, payments, and digital asset infrastructure.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News

Gemini Exits UK, EU, Australia as It Cuts Workforce

Crypto exchange Gemini is withdrawing from the UK, EU, and Australia while cutting 25% of its staff to refocus on the US and prediction markets.

Julia Sakovich By Julia Sakovich Updated 1 min read
Gemini Exits UK, EU, Australia as It Cuts Workforce

Gemini, the US-based cryptocurrency exchange founded in 2015, announced it will exit operations in the United Kingdom, European Union, and Australia while reducing its workforce by 25%. The company said it plans to concentrate resources on the US, citing deeper capital markets and lower operational complexity.

Management attributed the decision to limited demand in overseas markets, rising regulatory and operational costs, and increasing use of artificial intelligence to automate work and boost engineering productivity. Gemini said maintaining a global footprint had stretched the organization and slowed execution during a difficult period for digital asset markets.

The exchange will prioritize the growth of Gemini Predictions, its prediction market platform launched in December 2025, which has attracted more than 10,000 users and $24 million in trading volume. The shift comes amid a broader crypto downturn and slowing regulatory progress in the US, reinforcing Gemini’s focus on fewer, higher-conviction business lines.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, Markets & Trading, News, Regulation & Policy

House Probe Targets WLFI after Reported UAE Stake

House investigators are probing World Liberty Financial over a reported $500 million UAE-linked stake and the role of its USD1 stablecoin in a Binance deal.

Julia Sakovich By Julia Sakovich Updated 1 min read
House Probe Targets WLFI after Reported UAE Stake

US House investigators have launched a probe into World Liberty Financial, a crypto venture linked to former President Donald Trump, following reports that an Abu Dhabi-connected entity agreed to acquire a 49% stake in the firm for $500 million ahead of the 2025 inauguration. The inquiry is being led by Rep. Ro Khanna, who has requested detailed ownership, governance, and payment records.

The investigation centers on potential conflicts of interest and national security considerations, including whether portions of the reported investment flowed to Trump family entities. Lawmakers are also seeking documentation related to Aryam Investment 1, the Emirati-linked vehicle cited in press reports, as well as internal communications and capitalization records.

A key focus is World Liberty’s USD1 stablecoin, which was used in a $2 billion transaction tied to Binance. Investigators are examining how the token was selected, what revenue it generated, and whether company personnel were involved in discussions preceding regulatory actions involving the exchange.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Altcoins, DeFi & FinTech, Markets & Trading, News

BitMine Faces $7B Unrealized Loss as Ethereum Slides Below $2,100

A sharp decline in Ethereum prices has pushed BitMine Immersion Technologies into roughly $7 billion in unrealized losses, testing its Ethereum-focused treasury strategy.

Julia Sakovich By Julia Sakovich Updated 1 min read
BitMine Faces $7B Unrealized Loss as Ethereum Slides Below $2,100

BitMine Immersion Technologies is facing significant balance sheet pressure after Ethereum slid below $2,100, leaving the company with an estimated $7 billion unrealized loss. As of February 5, ether traded near $2,092, putting BitMine’s holdings of roughly 4.3 million ETH about 45% below their estimated acquisition cost. The move marks one of the largest paper losses tied to a single-asset corporate crypto strategy.

The company pivoted last year from Bitcoin mining to an Ethereum-first treasury approach, accumulating ETH at average prices estimated between $3,800 and $3,900. With Ethereum now more than 50% below its August 2025 peak, BitMine’s portfolio has declined sharply from prior valuations, reflecting broader weakness across digital asset markets.

Market pressure has extended to equities, with BitMine shares falling alongside ether. Analysts note that the drawdown highlights the financial risks of concentrated crypto treasury strategies during periods of heightened volatility and tighter liquidity, particularly as macro uncertainty continues to weigh on risk assets.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Ethereum, News

CFTC Withdraws Proposal to Ban Prediction Markets

The CFTC has formally withdrawn a Biden-era proposal that sought to prohibit sports and political prediction markets, signaling a regulatory shift toward event-based derivatives.

Julia Sakovich By Julia Sakovich Updated 1 min read
CFTC Withdraws Proposal to Ban Prediction Markets

The US Commodity Futures Trading Commission has withdrawn a 2024 proposal that aimed to ban political and sports-related prediction markets, reversing a key regulatory effort from the Biden administration. The agency also rescinded a staff advisory that had warned firms about litigation risks tied to offering event contracts.

CFTC Chair Michael Selig said the earlier proposal reflected an attempt at merit-based regulation that went beyond the commission’s statutory mandate. By formally abandoning the framework, the agency confirmed it will not pursue final rules based on categorizing prediction markets as gaming activities. Instead, the CFTC plans to develop new rulemaking grounded in the Commodity Exchange Act and aligned with congressional intent.

The move provides regulatory clarity for platforms offering event contracts, including federally regulated venues. However, state-level legal challenges remain a key risk, with jurisdictions such as Nevada continuing to argue that certain prediction markets resemble unlicensed gambling.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, Markets & Trading, News, Regulation & Policy

Bitcoin Falls Below $71,000 as Tech Selloff Deepens

Bitcoin fell below $71,000 during Asian trading as a global selloff in technology stocks intensified risk aversion across markets.

Julia Sakovich By Julia Sakovich Updated 1 min read
Bitcoin Falls Below $71,000 as Tech Selloff Deepens

Bitcoin slipped below $71,000 during Asian hours on February 5, extending losses as a global selloff in technology stocks weighed on risk assets. The cryptocurrency fell as much as 7.5% over 24 hours, briefly touching lows near $70,700 before stabilizing, according to market data.

The decline followed sharp losses in Asian and US equities, particularly among technology shares exposed to artificial intelligence investment themes. Investors have grown cautious amid signs of slowing earnings growth, stretched valuations, and concerns that AI spending may be nearing a peak. Weakness in Asian markets was compounded by earlier losses in the Nasdaq, reinforcing a broader risk-off shift.

Bitcoin’s move mirrored declines across other high-volatility assets, including sharp drops in silver and gold. Market participants noted that thin liquidity and elevated macro uncertainty have amplified price swings, underscoring bitcoin’s continued behavior as a high-beta asset rather than a defensive hedge in periods of equity market stress.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Bitcoin, News

Hong Kong Tokenization Could Double Fund Industry, BCG Says

Hong Kong could significantly expand its asset management sector by adopting tokenized fund infrastructure, according to a new BCG-led whitepaper.

Julia Sakovich By Julia Sakovich Updated 1 min read
Hong Kong Tokenization Could Double Fund Industry, BCG Says

Hong Kong could potentially double the size of its asset management industry by adopting token-based financial infrastructure, according to a new whitepaper from Boston Consulting Group, Aptos Labs, and Hang Seng Bank. The findings are based on a pilot conducted under Phase 2 of the Hong Kong Monetary Authority’s Project e-HKD+, which tested tokenized fund operations and digital money use cases.

The report concluded that tokenized finance is both technically viable and commercially attractive, citing benefits such as reduced operational costs, lower counterparty risk, and continuous liquidity through 24/7 trading and settlement. Survey data showed strong investor interest, with a majority of retail participants indicating a willingness to increase fund allocations if tokenized products offered faster settlement and round-the-clock access.

BCG said broader adoption will depend on regulatory alignment, scalable infrastructure, and new business models that meet institutional standards. The report emphasized coordinated execution between regulators, banks, and technology providers to transition tokenization from pilot programs to core financial infrastructure.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News, Regulation & Policy

Polymarket and Kalshi Escalate Rivalry with Grocery Giveaways

Prediction market leaders Polymarket and Kalshi are using grocery giveaways in New York as competition intensifies amid surging trading volumes.

Julia Sakovich By Julia Sakovich Updated 1 min read
Polymarket and Kalshi Escalate Rivalry with Grocery Giveaways

Prediction market platforms Polymarket and Kalshi are escalating competition by offering free groceries in New York City, highlighting the intensifying rivalry in a rapidly expanding market. Kalshi distributed $50 grocery credits to more than 1,000 people in Manhattan on February 3, while Polymarket announced plans to open a free grocery store next week.

The promotions come as both platforms dominate prediction market activity, with combined daily trading volumes now consistently exceeding $400 million, roughly four times higher than a year ago. Kalshi generated $263.5 million in fee revenue in 2025, while both companies have reached multibillion-dollar valuations following high-profile media integrations and partnerships.

The grocery initiatives also underscore the growing visibility of prediction markets beyond crypto-native audiences. As platforms compete for mainstream adoption and regulatory legitimacy, marketing efforts are increasingly mirroring traditional financial services branding rather than speculative betting culture.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, Markets & Trading, News

Bitcoin ETF Assets Fall Below $100 Billion

US spot Bitcoin ETFs slipped below $100 billion in assets after $272 million in daily outflows, extending year-to-date losses amid market volatility.

Julia Sakovich By Julia Sakovich Updated 1 min read
Bitcoin ETF Assets Fall Below $100 Billion

Assets under management in US spot Bitcoin exchange-traded funds fell below $100 billion on February 3 after recording $272 million in net outflows, according to market data. The decline marks the first time ETF assets have dropped under that level since April 2025, following a peak near $168 billion in October.

The renewed outflows came amid a broader crypto market sell-off, with Bitcoin trading below $74,000 and global crypto market capitalization falling sharply over the past week. Despite a brief rebound in ETF inflows earlier in the week, cumulative year-to-date outflows are now approaching $1.3 billion.

While Bitcoin ETFs continue to see pressure, funds tracking altcoins such as Ether, XRP, and Solana recorded modest inflows. Market participants note that most institutional ETF holders remain long-term oriented, though some see growing interest in direct onchain trading rather than securitized ETF exposure.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Bitcoin, Markets & Trading, News

Bitwise Moves Into Staking with Chorus One Deal

Bitwise is set to acquire staking provider Chorus One, signaling growing institutional demand for onchain yield as Ethereum staking reaches record levels.

Julia Sakovich By Julia Sakovich Updated 1 min read
Bitwise Moves Into Staking with Chorus One Deal

Bitwise Asset Management is reportedly acquiring crypto staking firm Chorus One, expanding its footprint beyond asset management into yield-generating blockchain services. Chorus One operates institutional staking infrastructure across multiple networks and currently manages about $2.2 billion in staked assets, according to company data. Financial terms of the transaction were not disclosed.

The deal comes as Ethereum staking activity accelerates. More than 4 million ETH are waiting to enter the validator queue, pushing estimated activation times beyond 70 days. Roughly 37 million ETH, representing over 30% of total supply, is now locked in staking, highlighting sustained demand despite reduced liquidity.

Institutional interest in staking-linked products is also rising. Asset managers, including Morgan Stanley and Grayscale, are integrating staking into regulated exchange-traded products. Bitwise’s move reflects a broader shift among crypto firms to pair asset exposure with yield as competition intensifies across digital asset markets.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News