In the last week, there have been some major institutional moves in crypto, with Metaplanet planning an $880M Bitcoin buy, Grayscale and 21Shares filing for new crypto ETFs, and Numerai securing $500M from JPMorgan. The U.S. government is adopting blockchain for GDP reporting, while the CFTC opens a path for offshore exchanges to serve American users. Let’s find out more. 

Bitcoin

Metaplanet has unveiled plans to raise 130 billion yen (approximately $880 million) via an international share sale, with the bulk of the proceeds earmarked for expanding its Bitcoin reserves.

Technology

The US Commerce Department will begin publishing GDP figures on the blockchain, marking a significant step in the government’s adoption of distributed ledger technology.

Business

American Bitcoin, a Trump family-backed Bitcoin miner, is expected to begin trading on Nasdaq in September after locking in crypto and traditional investors to back an all-stock merger. 

Crypto asset manager 21Shares has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tied to the SEI token. 

The Clearing Company, founded by former Polymarket and Kalshi executives, has raised $15 million in seed funding led by Union Square Ventures with participation from Coinbase Ventures, Haun Ventures, and Variant.

Numerai has secured a $500 million commitment from JPMorgan Asset Management, underscoring growing institutional interest in AI-powered hedge funds and crypto-integrated investment strategies.

Grayscale Investments has submitted a registration statement to the SEC seeking ap

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Author: Amara Khatri