The Bitcoin miner will use the proceeds to expand GPU capacity and data centers as it scales its high-performance computing business beyond mining.

Schwab will introduce direct trading in the two biggest cryptos through a dedicated account, its first move into spot trading as it expands its digital asset offerings.

The contracts mark Injective’s first entry into US-regulated derivatives markets and could help support a spot ETF following a filing from Canary Capital.

The product is designed to generate yield by participating in network validation, adding an income component to passive exposure.

London-based Legal & General Asset Management is the latest global asset manager to expand distribution across blockchain networks and trading models.