A new class of Wall Street securities has grown from an experiment into a multibillion-dollar market in under two years, and a June 2026 research report from BitcoinTreasuries.net argues the expansion has just begun.

The report, produced in partnership with the DeFi protocol Apyx, tracks the rise of preferred shares issued by public companies and backed by their bitcoin holdings. Such shares now carry a combined market value of about $13 billion. That figure represents close to 1% of the $1.3 trillion global preferred market, a share the report’s authors expect to reach 3 to 5% by 2030 and as much as 10%, or $130 billion, beyond that horizon.

The instrument sits at the center…

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Standard Chartered has executed its first digital asset prime brokerage trades with LMAX Group, a milestone in the build-out of institutional market infrastructure for crypto. 

With this move, the bank became one of the first Global Systemically Important Banks (G-SIBs) to test a prime brokerage model for digital assets inside established risk, compliance and market frameworks.

The pilot covered spot Bitcoin (XBT/USD) with T+1 settlement through Standard Chartered’s UK branch. These were the bank’s first digital asset credit intermediation trades under a prime brokerage structure. 

The transactions ran on LMAX Digital, LMAX Group’s regulated institutional venue, with…

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Citigroup took a red pen to its crypto forecasts on Tuesday, cutting its 12-month price targets for bitcoin after the ETF flows that carried the market higher went into reverse.

The bank now sees bitcoin at $82,000 a year out, down from $112,000. It’s the second time Citi has trimmed those numbers in 2026. An earlier round of cuts had already pulled bitcoin down from $143,000. 

What changed most is how Citi thinks about Bitcoin ETFs. The bank had been penciling in $10 billion of net inflows over the coming year. It now expects zero. 

That is a big swing, and it reflects what has happened in the funds themselves: BTC ETFs have shed roughly $3.3 billion in 2026, and June…

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American Bitcoin Corp. (Nasdaq: ABTC), a Bitcoin accumulation platform focused on the buildout of America’s Bitcoin infrastructure backbone, has set the effective time of its 1-for-15 reverse stock split for 5:00 p.m. on July 2, 2026. 

The board fixed the ratio after shareholders granted their approval at the company’s 2026 annual meeting on June 22.

The common stock will begin trade on a reverse split-adjusted basis on The Nasdaq Capital Market under the same symbol, ABTC, at the market open on July 6.

What this means is that every 15 issued and outstanding shares of Class A common stock will reclassify into one share of Class A common stock, and every 15 issued and…

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America’s top securities regulators marked the nation’s 250th anniversary with a common theme: open markets, broader investor access, and a clear legal framework for digital assets.

SEC Commissioner Hester Peirce, in an interview on the Searching for Mana podcast, said she expects the Clarity Act to pass this summer. The bill has cleared the House and awaits Senate action. Peirce, a veteran of the Senate Banking Committee during the financial crisis, called it a large piece of legislation with many moving parts, and she praised the work of members in both chambers.

The Clarity Act would divide oversight of crypto between the SEC and the Commodity Futures Trading Commission…

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Taiwan’s Legislative Yuan approved the Virtual Asset Service Act in its third reading on Tuesday, the island’s first comprehensive framework for the crypto sector. Lawmakers sent the bill to President Lai Ching-te, who is expected to sign it into law within ten days.

The act establishes a licensing regime for all virtual asset service providers in Taiwan and hands broad oversight to the Financial Supervisory Commission (FSC). Under the law, crypto businesses must secure FSC approval before operating in Taiwan. The framework covers seven categories of providers, including exchanges, trading platforms, transfer firms, custodians, underwriters and lending services.

The…

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President Donald Trump holds more than $50 million in Bitcoin, stored in cold wallets, according to his 2025 annual financial disclosure released by the U.S. Office of Government Ethics. The filing is a detailed federal accounting of the president’s personal crypto position since he took office in January 2025.

In total, Trump reported generating more than $1 billion in crypto-related revenue last year, including $635 million in royalties from his memecoin venture and more than $500 million from token sales associated with World Liberty Financial.

The headline figure of over $50 million sits in a single line of the report. Under the entity CIC Digital LLC, an asset described…

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Anchorage Digital has announced an integration with Binance to bring off-exchange settlement to institutional crypto traders, giving clients access to the world’s largest crypto exchange by volume without surrendering custody of their assets.

The partnership, powered by Atlas — Anchorage Digital’s suite of settlement infrastructure — marks the first off-exchange settlement implementation within that platform. Under the arrangement, institutions can trade on Binance while their assets remain in segregated custody at Anchorage Digital Bank, the first federally chartered crypto bank in the United States.

The structure mirrors how institutional trading works in traditional…

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A coalition of more than 140 companies — among them Visa, Stripe, Mastercard, BlackRock, and Coinbase — announced today the formation of Open Standard and the launch of Open USD (OUSD), a new dollar-pegged stablecoin built to redistribute the economics of the $300 billion stablecoin market.

The project is led by Zach Abrams, co-founder of Bridge, the stablecoin infrastructure firm that Stripe acquired in 2024. 

“Existing stablecoins have great strengths,” Abrams said in a statement, “But to use them at scale, businesses need something that’s open, low-cost, high-throughput, broadly accessible, and aligned to their interests.”

The announcement sent Circle shares…

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