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Animoca Joins Stablecoin Race in Hong Kong

Animoca Joins Stablecoin Race in Hong Kong

Aug-8-2025

Animoca collaborates with major firms to launch Anchorpoint Financial
New firm applies for Hong Kong stablecoin issuer license
Follows Hong Kong’s new Stablecoins Ordinance effective August 1

Hong Kong’s evolving digital asset landscape is attracting serious players. Animoca Brands, in partnership with Standard Chartered Bank and HKT, has announced the formation of Anchorpoint Financial Limited, a new joint venture aiming to become a licensed Hong Kong stablecoin issuer.

The launch of Anchorpoint comes right after the implementation of the Stablecoins Ordinance on August 1, signaling a fresh regulatory framework for stablecoin issuance in the region. The timing reflects strategic planning by the three partners to capitalize on Hong Kong’s new approach to crypto regulation.

Who Is Behind Anchorpoint Financial?
Animoca Brands, well-known in the blockchain gaming and metaverse sectors, is stepping into the fintech space with this new move. Teaming up with Standard Chartered Bank, a global banking giant, and HKT, Hong Kong’s leading telecom company, brings credibility, infrastructure, and institutional backing to the project.

Together, the trio brings a unique mix of crypto innovation, financial compliance expertise, and technical infrastructure. This partnership aims to create a stablecoin that aligns with Hong Kong’s monetary and regulatory standards, while offering value in both local and international digital finance.

Why the Stablecoins Ordinance Matters
The Stablecoins Ordinance, effective August 1, introduces a licensing regime for stablecoin issuers in Hong Kong. It’s designed to ensure that issuers are well-governed, capitalized, and transparent. For companies like Anchorpoint Financial, obtaining this license would be a major step in operating legally and gaining public trust in Hong Kong’s maturing crypto market.

With regulatory clarity finally in place, Hong Kong is becoming a promising hub for compliant and secure stablecoin operations. Anchorpoint’s early application suggests it wants to be among the first to benefit from this new regime.

Parataxis Holdings to Buy $640M in Bitcoin

Parataxis Holdings to Buy $640M in Bitcoin

Aug-7-2025

Parataxis Holdings commits $640M for Bitcoin purchases
Bitcoin to be added to company’s treasury reserves
A strong signal of growing institutional BTC adoption

In a bold move reflecting growing institutional interest in cryptocurrency, asset manager Parataxis Holdings has revealed plans to purchase up to $640 million worth of Bitcoin for its corporate treasury. The announcement positions Parataxis among a rising number of firms choosing Bitcoin over traditional reserve assets like fiat or bonds.

The company did not provide a specific timeline for the purchases, but emphasized that the funds will be deployed gradually, depending on market conditions and strategic considerations. This step signifies a strong vote of confidence in Bitcoin’s long-term value and store-of-value potential.

Why This Move Matters for the Crypto Market
This substantial commitment from a traditional asset management firm reflects a larger trend: institutional investors increasingly view Bitcoin as a legitimate and strategic asset. With inflationary pressures and global economic uncertainties, Bitcoin’s fixed supply and decentralized nature make it an attractive hedge.

Parataxis Holdings’ decision mirrors the likes of MicroStrategy and Tesla, who also allocated significant portions of their balance sheets to Bitcoin. Moves like these not only bring legitimacy to the crypto space but also reduce overall market volatility by strengthening long-term holding behavior.

Market analysts suggest that if more institutions follow suit, Bitcoin’s market cap could see accelerated growth in the coming years. The Parataxis move is especially noteworthy due to its scale, marking one of the larger treasury allocations in the crypto world to date.

A Bullish Signal for Bitcoin Enthusiasts
For Bitcoin supporters, this announcement is another bullish indicator. It shows that even during times of market consolidation, there is continued trust and interest in Bitcoin as a long-term asset.

As more corporations embrace digital assets, the line between traditional finance and crypto continues to blur. Parataxis Holdings’ $640 million plan sends a clear message: Bitcoin is not just a speculative asset anymore—it’s becoming a cornerstone in modern financial strategies.

USDC Leads Stablecoin Surge as On-Chain Volume Hits $1.5 Trillion in July

USDC Leads Stablecoin Surge as On-Chain Volume Hits $1.5 Trillion in July

Aug-6-2025

USDC Outpaces USDT and DAI in DeFi
DeFi TVL and Ethereum Drive Activity
Emerging Stablecoins and Market Expansion
Regulatory Clarity Boosts Confidence

The decentralized finance (DeFi) ecosystem witnessed a remarkable resurgence in July 2025 as stablecoin on-chain settlements reached an all-time high of $1.5 trillion, according to new data from analytics firm Sentora (formerly IntoTheBlock).

This milestone surpasses previous monthly highs of $1.44 trillion in April and $1.39 trillion in May, indicating a strong upward trend in on-chain financial activity. At the start of 2025, stablecoin settlements stood at just $950 billion, marking a significant increase in on-chain utility.

With nearly $200 billion already settled in August's first five days, the momentum seems poised to continue into the coming months.

USDC Outpaces USDT and DAI in DeFi
USDC, issued by Circle, continues to dominate on-chain stablecoin transactions in 2025. According to Sentora, it contributes between 40% to 48% of all stablecoin activity in DeFi.

Meanwhile, Tether’s USDT typically captures 20% to 27%, and DAI ranges from 17% to 33%. Together, these three account for over 90% of on-chain stablecoin volume.

Notably, USDT has seen a 123% increase in supply on the Aave protocol this year, now close to $7.5 billion. However, it still maintains the largest supply among stablecoins with a market cap of $164.70 billion and 61.41% dominance.

In comparison, USDC has a circulating supply of $63.85 billion, reflecting steady but more measured growth.

DeFi TVL and Ethereum Drive Activity
DeFi’s Total Value Locked (TVL) has reached $137.33 billion, increasing by 3% in just 24 hours, per DefiLlama. Sentora adds that DeFi protocols have collectively hit a three-year high of $179 billion.

This surge is fueled by growing inflows into liquid staking platforms and Ethereum’s steady climb toward $4,000.

Emerging Stablecoins and Market Expansion
New entrants like Ethena’s USDe and Sky Dollar (USDS) are gaining traction. USDe now has a market cap of $9.517 billion, while USDS follows at $4.87 billion.

Notably, Falcon USD (USDf) has surged over 102% in one month, from $552 million to $1.09 billion. The total stablecoin market cap has reached $268.20 billion, up by $13.2 billion over the past month and doubling year-over-year.

Regulatory Clarity Boosts Confidence
Recent regulatory updates in the U.S. are further legitimizing stablecoins. The SEC has categorized fully backed redeemable USD stablecoins as cash equivalents, making them more compatible with traditional finance systems.
The newly enacted GENIUS Act has also laid foundational law for fiat-backed digital assets, signaling increased support from lawmakers and institutional players alike.
As stablecoin use accelerates, USDC’s dominance in DeFi showcases its rising preference as a digital dollar, even as USDT maintains its lead in overall supply.

BlackRock Accumulates $375 Million in Ethereum ETF

BlackRock Accumulates $375 Million in Ethereum ETF

Aug-5-2025

BlackRock purchases $375 million worth of Ethereum, now holding 2.5% of its supply.
This investment contradicts reports of large Ethereum outflows from their spot ETF.
Institutional buying often leads to positive Ethereum market trends.

BlackRock reportedly acquired $375 million worth of Ethereum this week, cementing its position with approximately 2.5% of Ethereum's circulating supply, contradicting claims of significant outflows.

This acquisition highlights BlackRock's continued confidence in Ethereum, potentially bolstering ETH's market position amid contrasting reports of large outflows.

Recent reports indicate BlackRock has purchased $375 million worth of Ethereum, countering claims of large outflows from its spot Ethereum ETF. This action significantly increases their holdings, now comprising about 2.5% of Ethereum’s circulating supply. “BLACKROCK BOUGHT $375M OF ETH THIS WEEK. THEY CURRENTLY HOLD 2.46% OF THE ETH SUPPLY WORTH $11.32B”

BlackRock, the world’s largest asset manager, has made substantial investments in Ethereum through its spot ETF. Lookonchain reports on recent blockchain transactions and analysis. This purchase contradicts recent reports of large-scale outflows, underlining a strategic shift toward accumulating more Ethereum.

The purchase is seen as a bullish indicator for Ethereum, potentially stabilizing the market. Influential figures on platforms like Twitter have discussed these developments, viewing the accumulation as a positive macroeconomic sign for ETH pricing trends.

By acquiring more Ethereum, BlackRock reinforces its position in the cryptocurrency sector. This action supports Ethereum's market value, reflecting ongoing confidence in digital assets. Current market data supports these strategic inflows rather than speculative outflows.
Continual investment in Ethereum by BlackRock may inspire similar strategies among other institutional investors. Such accumulations are likely reinforcing Ethereum’s position as a leading digital asset in both institutional portfolios and decentralized finance ecosystems.

Historical trends show institutional buys often precede price increases for Ethereum. BlackRock’s strategy aligns with such trends, suggesting further positive impacts on ETH markets. No regulatory issues currently arise concerning these asset increases, as per verified sources.

Strategy Surpasses Financial Giants with Bitcoin-Driven Record Earnings

Strategy Surpasses Financial Giants with Bitcoin-Driven Record Earnings

Aug-4-2025

Strategy (formerly known as MicroStrategy) distinguished itself with a net income of $10.02 billion for the second quarter of 2025. This achievement surpasses the $3.7 billion net income reported by Goldman Sachs and the $6.8 billion net income reported by Bank of America during the same period. A significant portion of this impressive figure was derived from Bitcoin investments.

Historic Increase in Financial Results
Under the leadership of CEO Michael Saylor, the company’s growth largely stemmed from an increase in Bitcoin holdings. As of June 2025, Strategy announced it holds a total of 628,791 Bitcoins. The total cost of these Bitcoins is reported to be $46.07 billion, yielding approximately a 25% return since the beginning of the year. The company aims to further enhance its profits by the end of the year.

Strategy has set a goal for an annual return of 30% from its Bitcoin investments for the coming year. To facilitate this expansion, the company plans to issue new shares worth $4.2 billion, intended to expand investments and cover operational expenses.

Bitwise CIO Matt Hougan noted, “Strategy’s income this quarter is nearly triple that of Goldman Sachs.”

Metaplanet’s Strategic Moves in Bitcoin Investments
Japan-based company Metaplanet is also making strategic moves in the crypto market. The company aims to acquire 210,000 Bitcoins by 2027 and plans to raise $3.6 billion to achieve this target. Metaplanet intends to execute this capital increase through perpetual preferred shares, with dividends of up to 6% annually.

Although Metaplanet claims that these plans form an innovative Bitcoin-focused financing strategy, no specific timeline has been provided. Additionally, it remains uncertain whether the capital increase plans will be definitively implemented.

Metaplanet stated, “While the financing strategy is innovative, this issuance is not confirmed, and its progression is uncertain.”

Volatility in the Bitcoin Market
On the market front, there has been a decline of over 6% in Bitcoin prices over the past week. Bitcoin is currently trading at $114,406. This volatility could influence the feasibility of the large-scale plans undertaken by both Strategy and Metaplanet, prompting close monitoring of market dynamics.

Experts point out that despite the sharp price movements in the crypto asset market, major companies are aggressively increasing their Bitcoin investments. Investors are debating the long-term market impacts of these large-scale strategic moves.

Meanwhile, it’s emphasized that the substantial income and profits of these companies are significantly dependent on Bitcoin. Both Strategy and Metaplanet are directly affected by fluctuations in Bitcoin prices. In the future, the general trajectory of the crypto market is expected to continue influencing the financial results of these companies.