Crypto Finance
SharpLink reported $10.8 million in Q3 revenue, an 1,100% year-over-year increase, with net income jumping to $104.3 million thanks to an aggressive Ethereum-focused treasury strategy. The quarter marks a dramatic turnaround from a $885,000 net loss a year earlier.
Republic obtained a $100M zero-interest financing facility to acquire ETH and scale staking services. The move highlights growing institutional appetite for using ETH as a treasury asset and income generator, but it also raises questions about concentration, liquidity and operational risk.
JPMorgan Chase is planning to offer loans backed by cryptocurrencies like Bitcoin and Ethereum possibly by 2026, joining other major banks embracing digital assets. This move reflects growing adoption of crypto-friendly financial products supported by evolving regulations.
Ethereum celebrates 10 years with record ETF inflows led by BlackRock and Fidelity, hitting all-time highs in open interest and bullish price forecasts. Key industry players highlight Ethereum's secure architecture, while innovative crosschain solutions and expanding crypto adoption (including by institutions like BBVA) drive momentum. Bitlet.app's flexible crypto installment purchase option is ideal for investors looking to enter this dynamic market.
Standard Chartered has become the first major global bank to offer direct spot trading in bitcoin and ether against the US dollar, targeting institutional clients. This marks a significant step in integrating cryptocurrencies into mainstream finance.