The maneuver highlights the pressure digital asset treasury stocks face, with many once-high-flying names now trading below the value of the crypto on their books.

Large tokens holders withdrew nearly 10 million tokens from Binance, one onchain analyst noted, signaling steady investor demand.

The crypto lender also crossed $100 million in annual recurring revenue, the firm reported.

The crypto investment firm now holds over 3.31 million ETH, moving closer to its goal of owning 5% of the token’s supply.

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The IBM Digital Asset Haven, developed with Dfns, aims to offer banks, governments and enterprises a full-stack platform for token custody, governance and compliance.

Tether plans to launch its U.S.-compliant stablecoin USAT in December, aiming for mass reach in the creator economy, CEO Paolo Ardoino said in a CoinDesk interview.

The offering, developed with non-custodial BTC lending startup Debifi, targets institutions and high-net worth borrowers who don't want to give up control of their assets.