From Cointelegraph.

June 27, 2025 4:00:00 PM:

The race to accumulate Bitcoin is gaining momentum, with corporations and private companies joining in. Norwegian deep-sea mining firm Green Minerals AS plans to buy $1.2 billion worth of BTC, highlighting growing institutional interest. A new venture by Anthony Pompliano aims to build a billion-dollar Bitcoin treasury, showcasing the trend.

As Bitcoin accumulation grows, stablecoins are driving crypto adoption. The US is close to passing stablecoin legislation, South Korea is developing won-backed stablecoins, and yield-bearing stablecoins are on the rise. This week’s Crypto Biz explores the surge in Bitcoin treasuries and the impact of stablecoins on the market.

Crypto hedge fund execs are raising $100 million to invest in Binance’s BNB token, showing interest in digital asset stockpiles beyond Bitcoin treasuries. The BNB treasury will be managed by Build & Build Corporation, which plans to list on the Nasdaq. This move highlights the diversification in the crypto market.

CoinFund has backed DeFi protocol Veda in an $18 million raise to support the expansion of its vault platform. The platform allows issuers to create yield-bearing stable assets, which CoinFund’s managing partner believes are the future of onchain wealth. Despite concerns from the US banking lobby, yield-bearing stablecoins are seen as inevitable.

Read more at Cointelegraph: Corporations Accelerate Bitcoin Treasuries as Stablecoin Adoption Surges