BBX News: Yesterday, there were significant differences in the allocation paths of encrypted assets among global listed companies
- BTC Core Position Reinforcement: Matador Technologies (TSXV: MTTK) used the first batch of funds under a $100 million financing to purchase 92 BTC for $9.5 million, doubling its position to 175 BTC, highlighting the confidence of traditional capital in Bitcoin.
Strategic Extreme Transformation: Leap Therapeutics (NASDAQ: LPTX) has officially changed its name to Cypherpunk Technologies and adopted a new stock code CYPH. Investing $50 million to purchase over 200000 ZECs and transforming into a single treasury company focused on privacy assets, with support from Winklevoss Capital.
Infrastructure Forward looking Layout: Yuneng Holdings (HKEX: 00442) plans to invest HKD 100 million to acquire equity in Hong Kong licensed trading platform VAX, paving the way for future physical asset tokenization (RWA) strategies.
Institutions are deeply involved in the cryptocurrency market through three distinct paths: increasing core assets, betting on segmented tracks, and laying out compliant infrastructure.
Source: bbx.com