Major financial institutions like HSBC and BNP Paribas are reshaping crypto in 2025, moving towards blockchain utility. The Canton Foundation, with backers like Goldman Sachs, is driving institutional adoption. Billion-dollar shelf registrations and IPO plans show a rush to accumulate digital assets. Tokenized gold enters US IRAs, offering tax-advantaged exposure to gold onchain. Mega Matrix aims for a $2 billion Ethena treasury, focusing on ENA governance tokens. Gemini plans an IPO with a $3 billion valuation, reflecting growing institutional interest in crypto listings. Trading activity on Gemini exchange is rising ahead of the IPO.

Read more at Cointelegraph: HSBC, BNP Join Canton; Gemini Eyes $3B IPO