ThreadFi Daily
Luxembourg’s sovereign wealth fund became the first in the Eurozone to invest in Bitcoin by allocating 1% ($7M) of its $730M portfolio into Bitcoin ETFs.
The move under a new mandate for alternative assets, reflects growing institutional confidence in digital markets.
The step may inspire similar actions from other European state funds and boosts Bitcoin’s profile as a legitimate macro asset.
MAJOR TECH AND INVESTMENTS MOVES
Coinbase, Mastercard Battle for $2B BVNK Prize
@Coinbase and
@Mastercard are in advanced talks to acquire stablecoin startup
@BVNKFinance for $1.5B–$2.5B with Coinbase currently favored to win.
A purchase would mark the largest stablecoin deal ever and signal stablecoins’ mainstream adoption.
BVNK powers global stablecoin payments and draws investment from top fintech players.
The talks reflect major financial incumbents’ push to compete in the booming stablecoin sector.
Square Makes Bitcoin Easy for Everyday Businesses
@Square debuted its fully integrated Bitcoin payments and wallet feature thus allowing four million U.S. merchants (except New York) to accept Bitcoin with zero fees until 2027, automatic conversion of up to 50% of sales into Bitcoin and instant settlement in
$BTC or USD.
The built in wallet enables buying, selling, and withdrawing Bitcoin, aiming to make crypto as easy as card payments.
Ripple Boosts Bahrain’s Blockchain With New Partnership
@Ripple has partnered with Bahrain
@FintechBay to advance blockchain innovation in the Gulf, focusing on pilot projects, fintech education and adoption of Ripple’s RLUSD stablecoin.
The move strengthens Bahrain’s status as a blockchain leader and aims to introduce digital asset custody and real world tokenization for local institutions, leveraging new regulatory frameworks and Ripple’s global infrastructure.
Silbert’s Bold Play: Crypto Meets Decentralized AI
Barry Silbert the founder of Digital Currency Group (DCG) launched Yuma Asset Management with a $10M seed to invest in crypto and AI projects especially decentralized AI via the
@Bittensor network.
Yuma will offer two funds that are modeled after major stock indexes, letting institutions back AI startups through
@Bittensor subnet tokens.
The move signals Silbert’s comeback and post FTX push for crypto AI convergence.
Falcon Finance Raises $10M, Turbocharges DeFi Stability
@FalconFinance secured a $10M strategic investment from M2 Capital and
@CypherCapital to expand its synthetic dollar protocol (USDf), advancing universal collateralization for DeFi.
With over $1.6B in USDf circulation, the protocol connects stablecoins to real world assets and DeFi markets, using on chain insurance and Chainlink’s verification for trust.
The funding will accelerate global and regulatory expansion.
IN THE OTHER WEB3 NEWS
Roger Ver, known as “Bitcoin Jesus,” reached a tentative deal with the US DOJ to pay $48M in overdue crypto taxes, which would drop fraud and tax evasion charges against him.
Arrested in Spain in 2024, Ver’s settlement follows President Trump’s clemency trend for crypto leaders and a softened regulatory stance highlighted by pardons and SEC case closures affecting
@Coinbase and
@Ripple.
AIRDROPS
Finally its here! Monad, a highly anticipated Ethereum and Solana competitor is preparing to launch its mainnet and has announced its airdrop eligibility checker date (14 October 2025 for its early community.
The new blockchain boasts high throughput and EVM compatibility and they are aiming to address the scalability limits of existing networks.
Excitement for the launch is building, with users speculating about eligibility and token rewards for early engagement.
MARKET PULSE
Fear and Greed Index: 64
Global Market Cap: $4.251 T
24hrs Volume: $204.50 B
SUMMARY
Today’s crypto markets saw Bitcoin dip, strong institutional Ethereum buys and notable token rallies, underscoring that volatility brings both risk and opportunity.
Not financial advice!
Just friends keeping you informed about the future of money.