Crypto Biz: Bitcoin’s corporate moment, ICE’s bold bet, Tether’s expanding footprint

Big Tech companies are currently viewing Bitcoin as a significant balance sheet asset, reflecting the digital asset's new all-time high of over $126,000. This surge has prompted corporate treasury strategies akin to that of institutional investor Michael Saylor's Strategy, now reportedly holding Bitcoin reserves nearing $80 billion, rivaling cash reserves of major firms like Amazon and Google. Meanwhile, the Intercontinental Exchange (ICE) has invested $2 billion in Polymarket, a decentralized prediction platform valued at around $9 billion, indicating a growing intersection between traditional finance and blockchain technologies. Additionally, Tether has gained attention as Rezolve AI acquired Smartpay, highlighting the increasing importance of stablecoins in global payments, particularly in regions with unstable currencies. Lastly, Plume Network has secured registration as a transfer agent with the SEC, marking a significant step for RWA tokenization on blockchain while promoting transparency in asset management.

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