Global investment powerhouse Franklin Templeton, managing over $1.6 trillion in assets, has announced the expansion of its Benji Technology Platform to BNB Chain. The move strengthens the firm’s mission to bring traditional funds on-chain, enabling mutual fund shares to be represented by BENJI tokens across networks like Ethereum, Avalanche, Stellar, Polygon, and now BNB Chain.

Roger Bayston, head of digital assets at Franklin Templeton, emphasized that the integration reflects the company’s strategy to broaden investor access while prioritizing compliance and security. He highlighted that the collaboration with BNB Chain aims to unlock new opportunities in tokenized assets, offering enhanced features for both retail and institutional clients worldwide.

BNB Chain has become a growing hub for tokenized financial products, praised for its fast settlement, low transaction fees, and strong compliance tools. Sarah Song, BNB Chain’s Head of Business Development, noted that Franklin’s expansion underscores the network’s ability to support regulated, large-scale tokenized investments. Franklin Templeton’s blockchain journey began in 2021 with the launch of its OnChain U.S. Government Money Fund, now valued at over $730 million.

stBTC Launch: A New Bitcoin Yield Standard

Botanix Labs, a Bitcoin Layer Two with EVM capabilities, recently launched stBTC, a one-to-one backed bitcoin asset that redistributes transaction fees on the network to holders as yield. Users can stake bitcoin and earn additional bitcoin without inflationary token emissions, points programs or mandatory lockups.

Botanix, founded in 2023 at Harvard by Willem Schroé, operates as a Bitcoin Layer Two protocol or sidechain similar to the Liquid Network and Rootstock — but with some novel differences, including the use of more modern scripting tools in Bitcoin, the sharing of network fee revenue with stakeholders and a federation of 16 node…

Read more on BitcoinMagazine

Jiuzi Holdings is moving into the crypto space with a massive $1 billion investment policy. 

The company announced Wednesday that its board has formally approved a ‘Crypto Asset Investment Policy,’ authorizing up to $1 billion of cash reserves to be deployed into cryptocurrencies under a structured risk framework.

The company said the new policy comes with strict guardrails. The board has capped potential purchases at $1 billion and, at least initially, will limit allocations to Bitcoin and other crypto.

Any expansion into other digital assets would require additional board approval. The company also stressed it will not self-custody its holdings, instead relying on…

Read more on BitcoinMagazine

The Bitcoin price has been trapped in the same range since early July while equities, gold, real estate, and commodities like silver have all pushed to new highs. The question is why Bitcoin is lagging while nearly every other major asset is rallying.

Whale Activity Signals Bitcoin Price Distribution Pressure

On-chain data shows that whales holding more than one hundred bitcoin have recently begun transferring large amounts after years of inactivity. These movements have historically lined up with cycle tops or periods of heightened BTC volatility. This suggests that some of Bitcoin’s longest-term holders are realizing profits or rotating positions.

The current wave of transfers is…

Read more on BitcoinMagazine

Global crypto wealth is booming, with the number of cryptocurrency millionaires soaring 40% to 241,700 over the past year, according to Henley & Partners’ latest Crypto Wealth Report. Bitcoin was the standout, driving much of the growth with a 70% jump in BTC millionaires to 145,100, while the count of Bitcoin billionaires climbed to 17. The report notes that institutional adoption and heavy inflows into U.S.-based spot Bitcoin and Ether ETFs played a central role in fueling this surge.

The wider market reflected the same momentum, as total crypto valuations crossed $3.3 trillion by mid-2025. Ultra-wealthy Bitcoin holders, including centimillionaires with over $100 million, surged 63% to 254. Advisory firms, hedge funds, and private equity players also deepened exposure, with spot ETH ETF inflows quadrupling to $13.4 billion this year alone.

Crypto adoption hubs continue to shift, with the U.S., Singapore, and Hong Kong leading the way, alongside Switzerland and the UAE. Smaller nations like El Salvador and Uruguay are also gaining traction by pushing favorable policies for digital asset investors.

Report

Tether, the issuer of the world’s largest stablecoin, is preparing a massive fundraising round that could value the company at up to $500 billion, putting it in the same league as global giants like SpaceX and OpenAI. CEO Paolo Ardoino confirmed on X that the El Salvador-based company is evaluating a raise between $15 billion and $20 billion for a roughly 3% stake through a private placement.

The funds are intended to supercharge Tether’s expansion across multiple sectors, including stablecoins, artificial intelligence, commodity trading, energy, communications, and media. Ardoino said the capital would allow the company to “maximize scale by several orders of magnitude,” while Bloomberg reported the deal would involve new equity rather than existing investors cashing out. Talks, however, are still in early stages.

Tether has been strengthening its U.S. presence as pro-crypto sentiment rises, recently appointing a CEO for its U.S. business under the GENIUS Act. With USDT’s market cap surpassing $172 billion, the stablecoin continues to dominate over Circle’s USDC, worth about $74 billion.

Bloomberg

Tether Holdings SA, the issuer of the world’s largest stablecoin, is reportedly in talks with investors to raise as much as $20 billion in new capital, a deal that could propel the firm into the ranks of the world’s most valuable private companies.

According to people familiar with the discussions, Tether is seeking between $15 billion and $20 billion in exchange for roughly a 3% stake through a private placement. 

That would imply a valuation near $500 billion, putting the company in the same league as SpaceX and OpenAI. 

Talks remain in the early stages and details may shift before any deal closes, according to Bloomberg reporting.

Cantor Fitzgerald is said to be…

Read more on BitcoinMagazine

Brazil is about to see something new on its stock exchange: a company going public not for its products, but for its bitcoin. 

OranjeBTC, founded by former Bridgewater Associates executive Guilherme Gomes, will list on B3 in early October carrying 3,650 BTC on its balance sheet — worth more than $410 million.

That instantly puts Oranje in the global top tier of corporate bitcoin treasuries. By comparison, Brazilian fintech Méliuz, which followed Strategy’s model last year, holds just 650 BTC. Oranje is nearly six times larger out of the gate, according to Brazil Journal.

The firm is not shy about its intentions. “We are bringing to Latin America the first publicly…

Read more on BitcoinMagazine