TREE NEWS reports: BitGo has agreed to acquire NYDIG’s institutional trading business in a $42.5 million cash-and-stock deal, adding derivatives, structured products, and capital markets capabilities. The move allows NYDIG to focus on its power and data-center operations.
TREE NEWS update: Serenity criticizes Sivers Photonics for focusing too much on the Swedish market, arguing that US investors would better appreciate its growth potential and order economics. The firm highlights that US analysts would focus on wafer capacity, revenue implications, and partnerships, while local concerns bog down management. Serenity warns that continued Swedish focus will trap Sivers’ valuation.
TREE NEWS update: Nvidia reported Q2 FY2027 revenue of $96.2B, up 106% YoY, with data center revenue up 117% to $89B, but the market’s focus has shifted to the Rubin platform ramp, margin compression, and the exclusion of China data center revenue from guidance. The company guides Q3 revenue around $108B, with non-GAAP gross margin expected to decline to ~74% due to rising memory and component costs.
TREE NEWS reports: Analysts say Kevin Warsh’s comments have revived the possibility of a September rate hike, but the outcome hinges on upcoming nonfarm payroll and CPI data. Markets are pricing in mixed signals, with the Fed’s next move still uncertain.
TREE NEWS update: US spot Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending a nine-day inflow streak, with ARK 21Shares leading the outflows. Total fund assets fell back below $100 billion as Bitcoin’s price dipped below $78,000.
TREE NEWS reports: Chinese chipmaker ChangXin Memory Technologies (CXMT) has filed a lawsuit against the US Department of Defense to be removed from a blacklist, arguing its chips are for civilian use. The company claims its reputation and business have suffered since being listed in January 2025. The DoD declined to comment on the pending litigation.
TREE NEWS reports: Bitcoin spot ETFs recorded a net outflow of $202 million yesterday, breaking a nine-day streak of net inflows. This marks a notable shift in investor sentiment for the newly launched funds.
TREE NEWS reports: Iren has completed a $2.4 billion debt financing to procure Nvidia GPUs. The move underscores the growing demand for AI infrastructure, though it does not directly involve crypto or tokenization.
TREE NEWS update: Goldman Sachs disclosed an $88.1 million position in a Solana ETF, making it the largest public holder. This marks a significant institutional adoption of Solana-based investment products.
TREE NEWS update: Evernorth, the company managing XRP treasury assets, has received SEC clearance, advancing its plan to list on Nasdaq pending a shareholder vote. The firm’s XRP holdings are currently valued below its original purchase price, reflecting market volatility.
TREE NEWS reports: BitcoinTreasuries.NET reported that Strategy’s MSTR recorded over $3 billion in daily trading volume, surpassing Walmart’s by 136%. This highlights the significant trading activity in Bitcoin treasury companies.
TREE NEWS reports: Charles Schwab is reportedly planning to offer trading in Solana, Avalanche, and Chainlink to its clients, marking a significant expansion of crypto services by a major traditional brokerage. This move underscores the growing institutional adoption of digital assets.
TREE NEWS update: Charles Schwab is expanding its crypto trading platform to include Solana, Avalanche, and Chainlink, though no launch date has been announced. This move broadens the brokerage’s digital asset offerings beyond the two largest cryptocurrencies.
TREE NEWS reports: Strategy, led by Michael Saylor, pioneered the Bitcoin treasury playbook by accumulating BTC on its balance sheet. The company’s stock now serves as a leveraged proxy for Bitcoin, with its value closely tied to the cryptocurrency’s price movements.
TREE NEWS update: IREN’s AI cloud revenue surpassed Bitcoin mining revenue for the first time, but the company’s shares declined as costs for converting data centers to AI services increased. The shift highlights the growing convergence of crypto mining and AI infrastructure.
TREE NEWS reports: Elon Musk is reportedly considering a donation of at least $100 million to Republican causes, and House Speaker Mike Johnson plans to meet with him. This political news has no direct connection to RWA tokenization or crypto markets.
TREE NEWS update: Bitwise’s Solana ETF (BSOL) became the first Solana ETF to surpass $1 billion in assets, driven by $138 million of inflows over 10 days. BSOL captured nearly 80% of cumulative flows among six tracked products, signaling strong institutional demand for Solana exposure.
TREE NEWS update: Bitcoin’s rebound to $80,000 lifts crypto stocks as Circle, Strategy, and Solana show how capital markets, stablecoins, and onchain growth drive crypto’s recovery. The article highlights the convergence of traditional finance and crypto through stablecoin and capital market activities.
TREE NEWS update: Eric Balchunas reports that the Bitwise Solana ETF has surpassed $1 billion in assets under management, marking a significant milestone for Solana-based investment products. This growth reflects increasing institutional interest in crypto ETFs beyond Bitcoin and Ethereum.
TREE NEWS update: US spot Ether ETFs recorded a net inflow of $225.8 million in a single day, the highest in ten months, signaling renewed institutional interest in crypto assets. This surge follows a broader market recovery and positive regulatory sentiment toward digital assets.
Daily briefs, flash news and in-depth research from the TREE NEWS desk — free, straight to your inbox.