Happy Monday, everyone! 🚀 Let’s kick off the week with the top updates shaping institutional crypto investments.
Ether Machine to launch publicly with $1.6 B+ in Ether reserves: A special-purpose acquisition company (SPAC) merger involving Dynamix will form "The Ether Machine," holding over 400,000 $ETH and raising $1.6 billion. It’s poised to offer institutional exposure to Ethereum via Nasdaq under ticker ETHM, aiming for a Q4 2025 debut.
👉 https://t.co/0wTP1ShPTh
BitGo files confidentially for U.S. IPO amid custody boom: Crypto custodian BitGo submitted a confidential IPO filing, signalling strong institutional appetite for secure asset storage. With markets rebounding and stablecoin regulations maturing, this move follows robust capital influx, including Grayscale and Gemini's filings.
👉 https://t.co/NwALn8OI82
Standard Chartered rolls out direct crypto trading for institutional clients: Starting July 15, the bank enabled spot Bitcoin and Ether trading for corporates and asset managers. It’s the first major global bank to integrate crypto trading directly into its FX platforms—marking a milestone in banking integration.
👉 https://t.co/Uy2I8vjckA
💬 What’s your biggest takeaway from this week’s trends?
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