Asset Management and Custody Banks

Grayscale CoinDesk Crypto 5 ETF

< 1B

1B - 5B

5B - 10B

10B - 50B

50B - 100B

100B - 500B

500B - 1T

≥ 1T

Market Value

Total Assets

< 100M

100M - 500M

500M - 1B

≥ 100B

Revenue

0 - 50M

50M - 100M

≥ 10B

Profits

< 0%

0% - 5%

5% - 10%

10 - 15%

15% - 20%

20 - 25%

25% - 30%

>= 30%

ROE(TTM)

= 0%

0% - 1%

1% - 3%

3% - 5%

5% - 8%

8% - 10%

>= 10%

Dividend Yield

0% - 10%

10% - 15%

20% - 30%

30% - 40%

40% - 50%

>= 50%

Net Profit Margin

0 - 0.05

0.05 - 0.1

0.1 - 0.2

0.2 - 0.4

0.4 - 0.6

0.6 - 0.8

0.8 - 1

>= 1

Asset Turnover

< 1.5

1.5 - 2

2 - 3

3 - 5

5 - 10

10 - 15

15 - 20

>= 20

Equity Multiplier

< 10%

10% - 30%

30% - 50%

50% - 70%

70 - 80%

80% - 90%

90% - 95%

>= 95%

Debt Ratio

Venus Concept

Jeffs Brands

Jaguar Health

TNL Mediagene

Baiya

Locafy

ImmunityBio

Painreform

Bristol-Myers Squibb Company

NeoVolta

GBTC

ETHE

Episode 53 of The Crypto Beat features Tim Copeland, Andrew Keys of The Ether Machine, and Guilherme Gomes of OranjeBTC discussing the rise of digital asset treasury companies (DATs). They explore how DATs aim to outperform crypto ETFs through active management strategies, while addressing risks related to execution, NAV premiums, and sustainability. Key topics include DeFi strategies, market access, regulatory concerns, and the impact of market cap decline. The episode also touches on Bitcoin vs Ethereum asset profiles and insider trading probes.

The Block

Grayscale Bitcoin Trust BTC - ETF

Grayscale Ethereum Staking ETF

The state of digital asset treasury companies with The Ether Machine and OranjeBTC

Fogo has recently introduced its Layer 1 mainnet utilizing SVM technology, integrating Wormhole and offering 40ms block times tailored for DeFi traders. The FOGO token is currently trading at $0.037 amidst fluctuations accompanying the launch.

Unusual Whales

Fogo Mainnet launches featuring Wormhole Bridge; FOGO token plunges 9% to $0.037 amidst volatility. Block times set at 40ms.

The convergence between banks and crypto firms is rapidly increasing as yield-bearing stablecoins, ETF filings, and tokenized markets push the limits of financial regulation. This trend is reflected in the growing numbers of partnerships and collaborations between traditional financial institutions and crypto companies.

JPMorgan Chase

JPMorgan concerned as banks and crypto firms merge, with stablecoins yielding interest rates and ETF filings on the rise.

CRCL

Banks and crypto firms are converging fast, as yield-bearing stablecoins, ETF filings and tokenized markets test the boundaries of financial regulation. source:

CoinLive

Circle

Crypto’s bank-like turn puts JPMorgan on edge

The XRP Ledger (XRPL) ecosystem is undergoing a structural shift in early 2026, moving well beyond its historical role as a fast payment network. New decentralized finance (DeFi) applications, institutional-grade lending tools, and deeper liquidity infrastructure are transforming XRPL into a broader financial platform. source:

XRP Ledger DeFi Expands Beyond Payments as Institutional Use Grows

AOMR

The new policy will allow borrowers to use Bitcoin, Ether, crypto ETFs and US dollar-backed stablecoins for asset verification and income estimates without liquidation. source:

Angel Oak Mortgage REIT

US lender Newrez to accept crypto holdings in mortgage approval

How a meme-driven narrative around AI agents is evolving into a more substantive onchain experiment. source:

C3.AI

The Second Coming of the AI Meta: “This Time Is Different?”

The Stellar (XLM) Community Fund has launched Version 7.0, introducing AI-powered prescreening, verified referral incentives, and faster funding tracks for Web3 developers. These updates aim to improve the funding process, offering quicker responses and rewards for referrals, demonstrating Stellar's commitment to supporting developers and fostering innovation within the community.

Stellar (XLM) SCF 7.0 improves grant system with AI screening, refs rewards for developers.

The Cardano Foundation has launched Reeve, a blockchain-based transparency layer designed to enhance trust in financial reporting. This platform records financial events on the Cardano blockchain, offering auditors and regulators tamper-proof evidence. Reeve integrates with corporate financial systems, enabling continuous data-driven controls through cryptographic verification. The foundation has already implemented Reeve in its operations, ensuring transparent and verifiable financial datasets by recording transactions on-chain and integrating with ERP systems.

Cardano Foundation Launches Blockchain-Based Transparency Layer Reeve

XRP Ledger returned only 562 million XRP in payments volume in the last 24 hours, which is certainly not matching up with ETF flows. source:

'Only' 562,000,000 XRP in 24 Hours: Key Metric Barely Breathing

Regulated stablecoins now offer instant global money transfers with interest payments through crypto platforms, potentially replacing traditional checking accounts.

Banks face customer exodus threat to stablecoins

New plugins available in the Claude Code marketplace allow vibe coders to access smart contract auditing skills. source:

Claude AI plugins can now vibe code smart contracts

Nic Carter, co-founder of Castle Island Ventures, criticized platforms like Kaito for generating low-quality content due to incentivized posting and AI. He noted a shift in the crypto community's focus from grassroots competition to institutional narratives, making it harder for retail investors to participate. Additionally, X's design hampers creators' ability to reach niche audiences. Carter supports X's decision to revoke API access to the InfoFi application to combat spam.

The father of smart contracts: supports X revoking access permissions to InfoFi application APIs; Kaito and other incentive-based content platforms generate a large amount of low-quality content.

CyrilXBT posted on X. TAO is currently consolidating after successfully reclaiming its demand zone. The structure appears robust, characterized by higher lows and controlled pullbacks. As long as the price remains above the support level, the breakout zone is considered valid. This phase is seen as constructive digestion rather than a sign of weakness.

TAO Consolidates After Reclaiming Demand Zone

Ethereum tests $3. 3K support after bullish breakout as staking hits all-time high and new wallet activity rises across the network. source:

Ethereum Hits Staking Highs as ETH Price Targets $4K Zone

Grayscale CoinDesk Crypto 5 ETF(GDLC.US)

The state of digital asset treasury companies with The Ether Machine and OranjeBTC

Fogo Mainnet launches featuring Wormhole Bridge; FOGO token plunges 9% to $0.037 amidst volatility. Block times set at 40ms.

JPMorgan concerned as banks and crypto firms merge, with stablecoins yielding interest rates and ETF filings on the rise.

Crypto’s bank-like turn puts JPMorgan on edge

XRP Ledger DeFi Expands Beyond Payments as Institutional Use Grows