Corporate cryptocurrency treasuries are on the rise, with Nasdaq-listed Helius Medical Technologies launching a $500 million treasury reserve initiative focused on the Solana token. Standard Chartered’s venture arm also announced plans to raise $250 million for a digital asset investment fund set to launch in 2026. The US SEC issued new listing standards for spot crypto ETFs, approving Grayscale’s Digital Large Cap Fund as the first multi-asset crypto ETP in the US.
Nasdaq-listed Helius Medical Technologies has priced an oversubscribed PIPE offering at $6.88 per share, raising $500 million in equity and up to $750 million in warrants. The company plans to establish a crypto treasury strategy with Solana as the main asset and explore staking and lending opportunities within the Solana ecosystem.
Standard Chartered’s SC Ventures is preparing to launch a $250 million digital asset investment fund in 2026 backed by Middle East investors. The fund will focus on global investment opportunities in the financial services sector, following a trend of corporate treasury firms building long-term accumulation strategies in the crypto market.
Ethereum’s Fusaka upgrade is set for early December, with blob capacity expected to double after two hard forks in December and January 2026. The upgrade aims to scale the network and make it more efficient, with three public testnets scheduled before the mainnet launch. Blob capacity hard forks will increase transaction efficiency and reduce costs.
The Curve Finance DAO is voting on a $60 million proposal to create a credit line of crvUSD for Yield Basis. The proposal, introduced by founder Michael Egorov, would allow CRV holders to stake their tokens and receive veCRV in return, generating income for stakers. The proposal has received strong support in early voting. Curve Finance proposes credit line for creating pools with WBTC, cbBTC, and tBTC. Yield Basis allocates 25% of YB to liquidity providers using Curve technology. Source: Curve Finance.
Over 40% of Americans open to using DeFi if proposed legislation becomes law, survey finds. Ipsos poll of 1,321 US adults shows growing interest in cryptocurrency and frustration with traditional financial institutions. Source: Crypto lobby poll.
42% of survey respondents likely to try DeFi if laws are passed, with 84% interested in using it for online purchases. US Congress considering bills to regulate cryptocurrencies. Source: DeFi poll.
Top 100 cryptocurrencies mostly in green, with Aster token up over 600% and Immutable token up over 50%. Stay tuned for more DeFi updates next week. Source: DeFi market overview.
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Bitcoin prices hit a new all-time high of $63,000, driven by increased demand from institutional investors and retail traders alike. The cryptocurrency has surged over 100% this year, with market cap surpassing $1.1 trillion. Analysts predict further gains as adoption continues to grow.
Ethereum also reached a record high of $2,300, with its market cap exceeding $260 billion. The second-largest cryptocurrency has seen a 200% increase in price this year, outperforming Bitcoin. Experts attribute the rally to the upcoming network upgrade and increasing interest in decentralized finance (DeFi) applications.
Dogecoin, a meme cryptocurrency, saw a dramatic surge in price after a series of tweets from Elon Musk and other celebrities. Prices skyrocketed over 400% in a week, reaching an all-time high of $0.45. The sudden interest in Dogecoin has sparked debate about the role of social media influencers in cryptocurrency markets.: Nasdaq Firm Targets $500M SOL Reserve As Corporate Crypto Treasuries Boom