Jack Ma-backed Yunfeng Financial Group has invested $44 million in Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) as part of its strategic reserve assets, according to an exchange filing Tuesday. 



<h2 class="wp-block-heading">Yunfeng Invests in Ethereum Infrastructure</h2>



The Hong Kong-listed company acquired 10,000 ETH tokens to support real-world asset tokenization activities.



Yunfeng stated the Ethereum investment would provide &#8220;key infrastructure support&#8221; for tokenization services and potential applications within its insurance operations. The move aligns with Hong Kong&#8217;s regulatory push to establish the city as a digital asset hub.



See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47466520/kevin-oleary-says-bitcoin-ethereum-are-true-gold-standards-reveals-they-make-up-90-of-his-crypto-holdings">Kevin O&#8217;Leary Says Bitcoin, Ethereum Are &#8216;True Gold Standards,&#8217; Reveals They Make Up 90% Of His Crypto Holdings</a>



<h2 class="wp-block-heading">Market Context and Institutional Adoption</h2>



The investment coincides with rising cryptocurrency prices, with Ethereum gaining 70% since last year and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) trading nearly 90% higher year-over-year. 



Wall Street strategist Tom Lee, Chairman of BitMine Immersion Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMNR#NASDAQ">BMNR</a>), has aggressively promoted Ethereum treasury strategies, comparing ETH to <a href="https://www.benzinga.com/markets/equities/25/08/47296830/tom-lee-calls-ethereum-a-1971-style-gold-moment-as-eth-hits-new-all-time-high-says-very-high-probability-of-flipping-bitcoin">the 1971 gold standard abandonmen</a>t.



BitMine leads Ethereum corporate adoption with $7.59 billion in ETH reserves, targeting 5% of the circulating supply. Treasury companies have acquired 2.6% of Ethereum&#8217;s supply since June, while Standard Chartered forecasts that ETH will reach $7,500 by year-end, <a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47332283/ethereum-to-hit-7500-by-end-of-2025-standard-chartered">driven by institutional accumulation</a>.



<h2 class="wp-block-heading">Company Performance and Ownership Structure</h2>



Hong Kong-headquartered Yunfeng generates most revenue from the insurance business, reporting HK$2.8 billion ($359 million) in revenue last year with HK$471 million ($60.35 million) net profit, according <a href="https://www.scmp.com/tech/blockchain/article/3324137/yunfeng-financial-invests-us44-million-ether-amid-hong-kongs-virtual-asset-push">to</a> the South China Morning Post. The company is 29.85% owned by Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) founder Jack Ma and 70.15% by Chairman Yu Feng.



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</ul>



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock

Alibaba's Jack Ma-Backed Firm Invests $44 Million In Ethereum For Strategic Reserve

Prominent investor Kevin O&#8217;Leary weighed his cryptocurrency convictions on Tuesday, revealing that Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) comprise nearly 90% of his digital asset holdings while calling them the &#8220;true gold standards&#8221; of crypto.



<h2 class="wp-block-heading">O&#8217;Leary&#8217;s Concentrated Crypto Strategy</h2>



&#8220;My two largest positions are Bitcoin and Ethereum, and together they capture almost 90% of the entire crypto market,&#8221; O&#8217;Leary wrote on X Tuesday. The &#8220;Shark Tank&#8221; investor, known as &#8220;Mr. Wonderful,&#8221; emphasized his yield-generation approach beyond simple holding strategies.



&#8220;Beyond that, I&#8217;ve built strategies to generate yield on top of my holdings, just like dividends or bond interest. That&#8217;s why I consider BTC and ETH the true gold standards of crypto,&#8221; O&#8217;Leary stated.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">My two largest positions are Bitcoin and Ethereum, and together they capture almost 90% of the entire crypto market. Beyond that, I've built strategies to generate yield on top of my holdings, just like dividends or bond interest. That's why I consider BTC and ETH the true gold… <a href="https://t.co/rIGLKpKVgT">pic.twitter.com/rIGLKpKVgT</a>&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1962971371522175438?ref_src=twsrc%5Etfw">September 2, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also: <a href="https://www.benzinga.com/markets/small-cap/25/09/47448603/genius-group-strikes-14-million-deal-to-build-bitcoin-powered-education-city-in-bali">Genius Group Strikes $14 Million Deal To Build Bitcoin-Powered Education City In Bali</a>



<h2 class="wp-block-heading">Market Performance Supports Conviction</h2>



Bitcoin traded at $111,119.12 Tuesday evening, gaining 1.66% amid renewed institutional interest. Ethereum showed modest weakness at $4,317.58, down 0.18%. The broader cryptocurrency market capitalization reached $3.82 trillion, up 1.34% over 24 hours.



Market sentiment shifted from &#8220;Neutral&#8221; to &#8220;Greed&#8221; according to the Crypto Fear &amp; Greed Index, driven partly by Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) purchasing approximately $450 million in Bitcoin. Bitcoin spot exchange-traded funds <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47464802/bitcoin-xrp-dogecoin-climb-as-greed-sentiment-returns-ethereum-trades-flat-analytics-firm-gives-its-take-on-deep-btc-correction">recorded $260 million in net inflows</a> as of Tuesday, according to SoSo Value.



<h2 class="wp-block-heading">Infrastructure Investment Focus</h2>



O&#8217;Leary has diversified his crypto exposure through <a href="https://www.benzinga.com/crypto/25/08/47406495/kevin-oleary-says-gen-zs-invest-in-bitcoin-ethereum-alongside-stocks-a-chance-he-never-had-early-in-his-investment-journey">infrastructure investments in companies</a> like Circle Internet Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>), Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>). 



The investor has noted generational shifts in crypto adoption, <a href="https://www.benzinga.com/crypto/25/08/47406495/kevin-oleary-says-gen-zs-invest-in-bitcoin-ethereum-alongside-stocks-a-chance-he-never-had-early-in-his-investment-journey">observing that Gen Z investors</a> now purchase Bitcoin and Ethereum alongside traditional stocks on platforms like Robinhood, treating digital assets &#8220;as having the same merit that a stock does, or a bond.&#8221;



<h2 class="wp-block-heading">Technical Outlook Remains Bullish</h2>



Despite Bitcoin trading <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47464802/bitcoin-xrp-dogecoin-climb-as-greed-sentiment-returns-ethereum-trades-flat-analytics-firm-gives-its-take-on-deep-btc-correction">approximately 12% below its $124,457 all-time high</a> reached in August, on-chain analytics firm CryptoQuant noted that typical bull market corrections range between 20% to 25%. The current pullback &#8220;is therefore not unusual and could continue without breaking the historical pattern,&#8221; the firm stated.



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<li><a href="https://www.benzinga.com/news/politics/25/09/47465618/eric-trump-says-hes-not-saying-no-to-becoming-president-after-bitcoin-asia-speech-says-family-could-carry-on-trump-legacy">Eric Trump Says He&#8217;s &#8216;Not Saying No&#8217; To Becoming President After Bitcoin Asia Speech, Says Family Could Carry On Trump Legacy</a></li>
</ul>



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Kathy Hutchins / Shutterstock.com

Kevin O'Leary Says Bitcoin, Ethereum Are 'True Gold Standards,' Reveals They Make Up 90% Of His Crypto Holdings

The Securities and Exchange Commission and the Commodity Futures Trading Commission announced a joint initiative on Tuesday to streamline the trading process of cryptocurrency assets.



<h2 class="wp-block-heading">SEC, CFTC Team Up To Establish Clear Crypto Guidelines</h2>



The SEC&#8217;s&nbsp;Division of Trading and Markets&nbsp;and the CFTC&#8217;s&nbsp;Division of Market Oversight and&nbsp;Division of Clearing and Risk&nbsp;will work together to issue guidelines on&nbsp;the listing of leveraged, margined or financed spot retail commodity&nbsp;transactions on digital assets, according to a joint statement.



The agencies said they are acting on the recommendations shared by the <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46723859/trumps-advisors-just-laid-out-a-crypto-blueprint-heres-whats-in-it">President&#8217;s&nbsp;Working Group on Digital Asset&nbsp;Markets</a>, which called for cooperation between the CFTC and SEC to advance blockchain-based innovation and regulatory clarity in the U.S.



&#8220;This joint statement provides the Divisions' view that current law does not prohibit SEC- or CFTC-registered exchanges from facilitating trading of these spot crypto asset products,&#8221; the press release read.



The agencies said that they were prepared to address questions from market participants who might be preparing to submit necessary registrations, proposals or requests for appropriate relief.&nbsp;



See Also:&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47464437/coinbase-to-launch-futures-offering-combined-exposure-to-mag-7-stocks-bitcoin-and-ethereum-etfs">Coinbase To Launch Futures Offering Combined Exposure To &#8216;Mag 7&#8217; Stocks, Bitcoin And Ethereum ETFs</a>



<h2 class="wp-block-heading">Trump Administration&#8217;s Crypto-Friendly Stance</h2>



This initiative is a significant step in the direction of the <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46770711/sec-launches-project-crypto-heres-what-it-means-for-you">SEC&#8217;s Project Crypto</a>, which was launched with the aim of overhauling securities regulations to adapt to blockchain-based financial systems. 



The Federal government has increasingly taken a pro-cryptocurrency position since President Donald Trump took office, <a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47431899/us-eyes-blockchain-gdp-data-peter-thiel-backed-exchange-shuns-london-trump-family-token-emerges-solana-rally-looms-this-week-in-crypto">intending to make the U.S. the world&#8217;s &#8220;cryptocurrency capital</a>.&#8221;



Key cryptocurrency bills have gained momentum in recent months. The CLARITY Act, which proposes to&nbsp;<a href="https://www.benzinga.com/25/05/45213365/maxine-waters-to-obstruct-cryptocurrency-hearing-plans-shadow-hearing-instead" target="_blank" rel="noreferrer noopener">split cryptocurrency oversight</a>&nbsp;between the SEC and the CFTC, sailed through the lower chamber. Senior GOP senators released a discussion draft for a similar piece of legislation in July.



However, concerns over&nbsp;<a href="https://www.benzinga.com/crypto/25/09/47464992/elizabeth-warren-on-trump-familys-unrealized-5-billion-world-liberty-token-gains-corruption-plain-and-simple">Trump-backed ventures and a potential conflict of interest&nbsp;</a>have heightened scrutiny of the bills, with senior Democrat Sen.&nbsp;Elizabeth Warren&nbsp;(D-Mass.) among the most vocal opponents.



Read Next:&nbsp;



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47445221/trump-familys-wealth-jumps-5-billion-after-wlfi-cryptos-robust-trading-debut-in-open-market-report">Trump Family&#8217;s Wealth Jumps $5 Billion After WLFI Crypto&#8217;s Robust Trading Debut In Open Market: Report</a></li>
</ul>



Photo Courtesy: Volodymyr Maksymchuk on Shutterstock.com



Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Trump's Crypto Advisors Push SEC And CFTC To Unite And Streamline Digital Asset Regulation

Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) edged higher on Tuesday as it became the first meme coin to be listed on the leading cross-chain decentralized finance protocol, Folks Finance.



<h2 class="wp-block-heading">Cross-Chain Trading For SHIB</h2>



SHIB's official X handle confirmed that the coin will now be available for lending and borrowing on Folks Finance, letting holders earn yields or use their tokens as collateral across multiple blockchains.



The cross-chain functionality is enabled by Chainlink's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/link/usd">LINK</a>) Cross-Chain Interoperability Protocol — a standard that allows developers to build applications that can send tokens and messages across the blockchain.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is incredible. After turning <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> into a crosschain token with <a href="https://twitter.com/chainlink?ref_src=twsrc%5Etfw">@chainlink</a> CCIP, one of Chainlink&#39;s flagship projects has already adopted it.<a href="https://twitter.com/FolksFinance?ref_src=twsrc%5Etfw">@FolksFinance</a> has listed <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> in its crosschain lending markets, using CCIP to fix liquidity fragmentation. Incentives are live… <a href="https://t.co/gk1jq1M638">https://t.co/gk1jq1M638</a> <a href="https://t.co/4kLTy1n5w7">pic.twitter.com/4kLTy1n5w7</a>&mdash; Shib (@Shibtoken) <a href="https://twitter.com/Shibtoken/status/1962893891037733203?ref_src=twsrc%5Etfw">September 2, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Folks Finance also announced the listing, calling SHIB "the first memecoin with cross-chain lending markets.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">.<a href="https://twitter.com/Shibtoken?ref_src=twsrc%5Etfw">@Shibtoken</a> is now listed on Folks Finance. The first memecoin with crosschain lending markets, powered by <a href="https://twitter.com/chainlink?ref_src=twsrc%5Etfw">@chainlink</a> CCIP for interoperability. ➤ Deposit and borrow <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> on any chain ➤ One unified pool with deep liquidity ➤ Incentives live for depositors <a href="https://t.co/f5OoBR2Sxz">pic.twitter.com/f5OoBR2Sxz</a>&mdash; Folks Finance (@FolksFinance) <a href="https://twitter.com/FolksFinance/status/1962893445934063903?ref_src=twsrc%5Etfw">September 2, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47464437/coinbase-to-launch-futures-offering-combined-exposure-to-mag-7-stocks-bitcoin-and-ethereum-etfs">Coinbase To Launch Futures Offering Combined Exposure To &#8216;Mag 7&#8217; Stocks, Bitcoin And Ethereum ETFs</a>



<h2 class="wp-block-heading">Shiba Inu&#8217;s Engagements With Chainlink</h2>



This isn't the first time Shiba Inu has utilized Chainlink's technology to expand its ecosystem.&nbsp;



Late last year, ecosystem tokens, such as SHIB, Doge Killer (LEASH), and Bone ShibaSwap (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONE</a>) adopted the Cross-Chain Interoperability Protocol standard, making them <a href="https://www.benzinga.com/24/12/42608825/shytoshi-kusama-says-huge-news-as-shiba-inu-partners-with-chainlink-to-boost-shibarium-ecosystem-tokens">available across twelve different blockchains</a>.



There was no significant surge in SHIB&#8217;s <a href="https://www.shibburn.com/">burn </a>rate in reaction to the development. According to the official tracker, only 71,685 SHIBs were removed from circulation in the last 24 hours, marking an increase of 2.63%.



Price Action: At the time of writing, SHIB was exchanging hands at $0.00001236, up 0.67% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the meme coin has plunged 41%.



At the last check, LINK was trading up 0.61% to $23.39.



Photo Courtesy: vlastas on Shutterstock.com



Read Next:&nbsp;



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47112380/eric-trump-says-the-trumps-didnt-have-a-choice-but-to-embrace-crypto-after-they-were-debanked">D</a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47447314/dogecoin-shiba-inu-go-sideways-again-will-they-ever-see-another-bull-run">ogecoin, Shiba Inu Go Sideways (Again): Will They Ever See Another Bull Run?</a></li>
</ul>

Shiba Inu Token Now Eligible For Cross-Chain Lending, Borrowing Supported By Chainlink

Sen.&nbsp;Elizabeth Warren&nbsp;(D-Mass.) criticized the Trump family&#8217;s financial gains from the World Liberty Financial (WLFI) token on Tuesday, labeling it as &#8220;corruption.&#8221;



<h2 class="wp-block-heading">WLFI&#8217;s Paper Gains Nothing But Corruption, Says Warren</h2>



The Democratic lawmaker took to X to express her disapproval of the Trump family&#8217;s reported $5 billion increase in paper fortune, following the trading debut of WLFI, the governance token of World Liberty Financial, a decentralized finance platform.



&#8220;It's corruption, plain and simple,&#8221; Warren said. 



The White House and the World Liberty Financial team didn&#8217;t immediately return Benzinga&#8217;s request for comment.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It's corruption, plain and simple. <a href="https://t.co/OLfpGpkTQR">pic.twitter.com/OLfpGpkTQR</a>&mdash; Elizabeth Warren (@SenWarren) <a href="https://twitter.com/SenWarren/status/1962998997251227752?ref_src=twsrc%5Etfw">September 2, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also:&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47430979/eric-trump-highlights-chinas-influence-on-crypto-industry-calls-it-a-hell-of-a-power-in-crypto">Eric Trump Highlights China&#8217;s Influence on Crypto Industry, Calls It a &#8216;Hell of a Power&#8217; in Crypto</a>



Warren has been a&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45399468/elizabeth-warren-calls-out-trump-linked-stablecoin-as-a-national-security-risk-hes-cashing-in-on-foreign-crypto-deals" target="_blank" rel="noreferrer noopener">persistent critic</a> of the <a href="https://www.benzinga.com/news/politics/25/07/46626113/elizabeth-warren-on-democrats-support-of-crypto-bills-long-bipartisan-tradition-of-helping-out-industry-instead-of-working-for-average-american">Trump family&#8217;s cryptocurrency ventures</a>, such as the&nbsp;Official Trump&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) meme coin and the dollar-pegged stablecoin, USD1. She argued that cryptocurrency bills, including the GENIUS Act and the CLARITY Act, failed to address this corruption.



<h2 class="wp-block-heading">WLFI Token Becomes Big Talking Point In Crypto</h2>



The WLFI token has been <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47440951/trump-family-backed-world-liberty-financial-token-crashes-after-initial-rise-on-first-trading-day">making headlines since its debut on Monday</a>. It began trading at $0.228 and climbed to a high of $0.46 within the next half hour. But the gains were quickly reversed, with the token now down 50% from its peak and 26% from its opening price.



The Trump family is deeply invested in the project, with President&nbsp;Donald Trump&nbsp;listed as Co-Founder Emeritus, while his sons,&nbsp;Eric Trump&nbsp;and&nbsp;Donald Trump Jr.,&nbsp;serve as co-founders. Entities linked to the family own nearly&nbsp;a quarter of all WLFI&nbsp;tokens.



The token&#8217;s trading debut reportedly <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47445221/trump-familys-wealth-jumps-5-billion-after-wlfi-cryptos-robust-trading-debut-in-open-market-report">boosted the Trump family&#8217;s wealth by $5 billion</a>, potentially making it their most valuable asset.



Price Action: At the time of writing, WLFI was exchanging hands at $0.2288, up 20.63% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. 



Read Next:&nbsp;



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47451889/how-one-trader-scored-250-million-from-the-trump-linked-world-liberty-financial-token">How One Trader Scored $250 Million From The Trump-Linked World Liberty Financial Token</a></li>
</ul>



Photo Courtesy: David Garcia on Shutterstock.com

Elizabeth Warren On Trump Family's Unrealized $5 Billion World Liberty Token Gains: 'Corruption, Plain and Simple'

Leading cryptocurrencies advanced on Tuesday as institutional investors pumped in millions.



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 10:15 p.m. ET)</th></tr></thead><tbody><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>+1.66%</td><td>$111,119.12</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>-0.18%</td><td>$4,317.58</td></tr><tr><td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+3.09%</td><td>$2.85</td></tr><tr><td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+5.98%</td><td>$211.51</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+1.67%</td><td>$0.2142</td></tr></tbody></table></figure>



<h2 class="wp-block-heading">&#8216;Greed&#8217; Sentiment Is Back</h2>



Bitcoin reached an intraday high of $111,782.28 in early trading hours and subsequently consolidated around that level.



The sentiment improved after leading cryptocurrency treasury company Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) disclosed it <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47449603/strategy-just-bought-another-4048-btc-how-far-can-corporate-bitcoin-holdings-go">purchased about $450 million</a> in BTC.&nbsp;



Additionally, Bitcoin spot exchange-traded funds recorded $260 million in net inflows as of Sept. 2, <a href="https://sosovalue.com/assets/etf/us-btc-spot">according </a>to SoSo Value.



Ethereum meandered in the $4,300 region for the most part, even as the coin&#8217;s trading volume popped 9% in the last 24 hours. XRP reclaimed $2.80, surging over 3% in the 24-hour period.



Over $267 million was liquidated from the cryptocurrency market in the last 24 hours, with short position traders bearing the brunt of the losses.



Bitcoin's open interest rose 1.46% in the last 24 hours. Over 60% of Binance traders with open BTC positions were long as of this writing.



The market sentiment flipped from "Neutral" to "Greed", according to the Crypto Fear &amp; Greed Index.



Top Gainers (24 Hours)



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 10:15 p.m. ET)</th></tr></thead><tbody><tr><td>Merlin Chain (MERL)&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+29.38%</td><td>$0.1556</td></tr><tr><td>TROLL (TROLL)&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+23.86%</td><td>$0.1715</td></tr><tr><td>Chintai (CHEX)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+22.72%</td><td>$0.1211 </td></tr></tbody></table></figure>



The global cryptocurrency market capitalization stood at $3.82 trillion, representing a 1.34% increase over the last 24 hours.



<h2 class="wp-block-heading">Stocks Fall, Bond Yields Pop</h2>



Stocks took a tumble on Tuesday. The Dow Jones Industrial Average fell 249.07 points, or 0.55% to close at 45,295.81. The S&amp;P 500 slipped 0.69% to finish at 6,415.54, while the tech-heavy Nasdaq Composite dropped 0.82% to close at 21,279.63.



The sell-offs followed <a href="https://www.benzinga.com/trading-ideas/movers/25/09/47456969/amazon-stock-is-sliding-tuesday-whats-going-on">a surge in bond yields</a>, with the benchmark 10-year Treasury note rising to 4.27% and the 30-year yield exceeding 4.9%.



Investors weighed the <a href="https://www.benzinga.com/markets/economic-data/25/08/47429232/trump-slams-highly-partisan-ruling-after-court-declares-his-tariffs-illegal-economists-say-decision-forces-congress-to-act-not-ban">latest ruling</a> by the U.S. Court of Appeals for the Federal Circuit, which struck down President Donald Trump&#8217;s tariffs.



<h2 class="wp-block-heading">Ongoing Bitcoin Correction Not A Concern</h2>



On-chain analytics firm CryptoQuant noted that Bitcoin has corrected about 12% from its all-time highs.



"On average, the most severe pullbacks have ranged between -20% and -25%," the research firm said. "This current move is therefore not unusual and could continue without breaking the historical pattern."



CryptoQuant added that such corrections are healthy in bull markets, serving to reset excess leverage in derivatives and cool down the overheated mood.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Are we in a Deep BTC Correction? "Bitcoin hasn't corrected more deeply than -28% during the current bull market&#8230; This current move is therefore not unusual and could continue without breaking the historical pattern." – By <a href="https://twitter.com/Darkfost_Coc?ref_src=twsrc%5Etfw">@Darkfost_Coc</a> <a href="https://t.co/Wn8zvCkU2O">pic.twitter.com/Wn8zvCkU2O</a>&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1962766786689966241?ref_src=twsrc%5Etfw">September 2, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Widely followed cryptocurrency analyst Michaël van de Poppe saw a smaller chance for Bitcoin's correction to continue heading into the Federal Reserve's policy meeting on Sept. 17, especially if the coin breaks through $112,000.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The past three years haven&#39;t shown a correction in September. The correction took place in August. In August, <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> corrected by nearly 10%. Yes, we could have a deeper correction and yes, I&#39;m heavily buying that one, but the closer we get to the FED meeting, the less of…&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1962954932371521581?ref_src=twsrc%5Etfw">September 2, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Photo Courtesy: Travis Wolfe on Shutterstock.com



Read Next:&nbsp;&nbsp;&nbsp;&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47440951/trump-family-backed-world-liberty-financial-token-crashes-after-initial-rise-on-first-trading-day">Trump Family-Backed World Liberty Financial Token Crashes After Initial Rise On First Trading Day</a></li>
</ul>

Bitcoin, XRP, Dogecoin Climb As 'Greed' Sentiment Returns; Ethereum Trades Flat — Analytics Firm Gives Its Take On 'Deep' BTC Correction

Brian Armstrong, CEO of&nbsp;Coinbase Global Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), announced on Tuesday the upcoming launch of&nbsp;a first-of-its-kind futures offering that&nbsp;provides exposure to&nbsp;top U.S. tech stocks and&nbsp;cryptocurrency simultaneously.



COIN stock is staying put for now.&nbsp;<a href="https://www.benzinga.com/quote/COIN" target="_blank" rel="noreferrer noopener">Track the latest developments here.</a>



<h2 class="wp-block-heading">Coinbase&#8217;s All-In-One Futures</h2>



Armstrong took to X on Tuesday to share the news. The new product, dubbed&nbsp;Mag7 + Crypto Equity Index&nbsp;Futures, will be a hybrid index, composed of &#8220;Magnificent 7&#8221; stocks, including Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Coinbase&#8217;s own shares, iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) and iShares Ethereum Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>).



Coinbase said the Index will follow an&nbsp;even-weighting methodology, with each of&nbsp;the 10 components representing 10%&nbsp;of the Index. It&nbsp;will be rebalanced quarterly to&nbsp;reflect market changes. The Mag7 + Crypto Equity Index Futures will be monthly, cash-settled contracts.



The product will be launched on Sept. 22. Armstrong stated that the company will introduce more such products as part of its &#8220;everything exchange&#8221; vision.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We're launching the first US futures that give exposure to the top US tech stocks and crypto at the same time. We&#39;ll launch more products like this as part of the everything exchange. Coming on September 22. <a href="https://t.co/iTLSt7a8kx">pic.twitter.com/iTLSt7a8kx</a>&mdash; Brian Armstrong (@brian_armstrong) <a href="https://twitter.com/brian_armstrong/status/1962948638469988739?ref_src=twsrc%5Etfw">September 2, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/09/47449603/strategy-just-bought-another-4048-btc-how-far-can-corporate-bitcoin-holdings-go" target="_blank" rel="noreferrer noopener">Strategy Just Bought Another 4,048 BTC—How Far Can Corporate Bitcoin Holdings Go?</a>



<h2 class="wp-block-heading">Coinbase&#8217;s Push Into Derivatives</h2>



The announcement comes on the heels of<a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47226939/brian-armstrong-hails-great-progress-as-coinbase-rolls-out-advanced-trading-for-popular-coins-solana-xrp"> Coinbase&#8217;s recent expansion</a> of its perpetual futures offering, adding XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) to its suite, which already consisted of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)



Price Action: Coinbase shares rose 0.31% in after-hours trading after closing 0.32% lower at $303.56&nbsp;during Tuesday's regular trading session, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. Year-to-date, the stock has gained 22.26%.



Roundhill Magnificent Seven ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#BATS">MAGS</a>), which provides equal-weight exposure to the &#8220;Mag 7&#8221; stocks, closed 1.14% lower at $59.11 on Tuesday. Since 2025 began, the ETF has returned 8.62% on investments.



iShares Bitcoin ETF was up 0.33% after-hours, while iShares Ethereum ETF rose 1.30%.



As of this writing, COIN ranked high on Growth, an indicator of a stock's combined historical expansion in earnings and revenue across multiple periods. Visit&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>&nbsp;to compare it to the &#8220;Mag 7&#8221; tech giants and the cryptocurrency ETFs.



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="441" height="197" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/02211354/image-2-7.png" alt="" class="wp-image-1053650" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/02211354/image-2-7.png 441w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/02211354/image-2-7-300x134.png 300w" sizes="(max-width: 441px) 100vw, 441px" /></figure>



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://benzinga.com/crypto/cryptocurrency/25/09/47451889/how-one-trader-scored-250-million-from-the-trump-linked-world-liberty-financial-token" target="_blank" rel="noreferrer noopener">How One Trader Scored $250 Million From The Trump-Linked World Liberty Financial Token</a></li>
</ul>



Photo: Camilo Concha / Shutterstock.com



Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Coinbase To Launch Futures Offering Combined Exposure To 'Mag 7' Stocks, Bitcoin And Ethereum ETFs

Cryptocurrency markets are going sideways on Tuesday, with Bitcoin holding steady near $110,000.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td></tr><tr><td>Bitcoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$110,792.50</td></tr><tr><td>Ethereum</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$4,297.16</td></tr><tr><td>Solana</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$206.51</td></tr><tr><td>XRP</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.81</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.2118</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001235</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>Coinglass data shows 154,442 traders were liquidated in the past 24 hours for $435.54 million.           </li>



<li>In the past 24 hours, top gainers include Sky (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">SKY</a>), Pump. Fun (CRYPTO: PUMP) and Bitget Token (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BGB</a>). </li>
</ul>



Notable Developments:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47456072/somnia-launches-mainnet-somi-token-after-processing-10-billion-testnet-transactions">Somnia Launches Mainnet, $SOMI Token After Processing 10 Billion Testnet Transactions</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47454608/cleancore-raises-175000420-to-establish-official-dogecoin-treasury">CleanCore Raises $175,000,420 To Establish Official Dogecoin Treasury</a></li>



<li><a href="https://www.benzinga.com/markets/earnings/25/09/47442044/3-bitcoin-treasury-firms-show-improving-price-trends-strong-momentum-signals">3 Bitcoin Treasury Firms Show Improving Price Trends, Strong Momentum Signals</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47445311/bitget-transfers-440-million-bgb-to-morph-foundation-establishing-bgb-as-gas-and-governance-token-of-morph-chain">Bitget Transfers 440 Million BGB To Morph Foundation, Establishing BGB As Gas And Governance Token Of Morph Chain</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47449603/strategy-just-bought-another-4048-btc-how-far-can-corporate-bitcoin-holdings-go">Strategy Just Bought Another 4,048 BTC—How Far Can Corporate Bitcoin Holdings Go?</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47443137/eric-trump-backed-metaplanet-becomes-worlds-6th-largest-bitcoin-treasury-holding-with-20000-btc">Eric Trump-Backed Metaplanet Becomes World&#8217;s 6th Largest Bitcoin Treasury Holding With 20,000 BTC</a></li>
</ul>



Trader Notes: Glassnode data <a href="https://x.com/glassnode/status/1962927978146660486">shows</a> Bitcoin's pullback to $110,000 remains relatively mild compared to past cycles. Only about 9% of supply is in loss, with unrealized losses capped near 10%. 



By contrast, the last cycle bottom saw more than 25% of supply in loss with drawdowns of 23%, while full bear markets historically dragged 50%+ of supply into loss with as much as 78% drawdowns.



More Crypto Online noted that a dip below $109,210 would be the first technical signal of a potential local top. 



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>: A break below $109,210 would be the first indication that a local price top has formed. <a href="https://t.co/x66AIKPau2">pic.twitter.com/x66AIKPau2</a>&mdash; More Crypto Online (@Morecryptoonl) <a href="https://twitter.com/Morecryptoonl/status/1962933396134330445?ref_src=twsrc%5Etfw">September 2, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Coin Bureau's Nic Puckrin <a href="https://x.com/nicrypto/status/1962937411593236905">added</a> that Bitcoin is showing resilience, reclaiming December's highs and now retesting both May's peak and the 100-day MA, with $112,000 as the key resistance.



Michael van de Poppe described $112,000 as Bitcoin's "ultimate test," suggesting a clean breakout would confirm the bull market's full return, adding: "Good bounce back upwards!"



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Ultimate test coming up for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>. Breaking through this resistance at $112K and the bull is back in full swing. Good bounce back upwards! <a href="https://t.co/cfywajnTi5">pic.twitter.com/cfywajnTi5</a>&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1962913660378169802?ref_src=twsrc%5Etfw">September 2, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47446537/bitcoin-stuck-around-110000-is-105000-or-115000-next">Bitcoin Stuck Around $110,000: Is $105,000 Or $115,000 Next?</a></li>
</ul>



Image: Shutterstock

Bitcoin, XRP Steady While Ethereum, Dogecoin Slip

Somnia, a Layer 1 blockchain developed by Improbable and the Somnia Foundation, has launched its mainnet and introduced a native token (CRYPTO: SOMI).



The launch follows a six-month testnet phase that processed more than 10 billion transactions and onboarded over 118 million wallet addresses.



The blockchain is designed to support commercial-scale applications in sectors such as finance, gaming and social platforms.



During testing, Somnia set multiple industry records, including processing 1.9 billion transactions in a single day, the highest reported by an EVM-compatible blockchain.



At launch, the network will support over 70 active projects, including Variance, Maelstrom, ForU AI, Quills and Sparkball.



Infrastructure partners include Google Cloud, LayerZero, Sequence and Ankr.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47451889/how-one-trader-scored-250-million-from-the-trump-linked-world-liberty-financial-token">How One Trader Scored $250 Million From The Trump-Linked World Liberty Financial Token</a>



Somnia has also onboarded 60 validators to its ecosystem.



The $SOMI token will facilitate transaction fees, validator rewards and ecosystem incentives, with governance functions planned for the future.



A $10 million grant program and the Dream Catalyst accelerator have been announced to encourage development across gaming, DeFi, AI and SocialFi applications.



Somnia's team said the blockchain can achieve over one million transactions per second with sub-second finality and low transaction fees. 



The foundation will also support adoption through hackathons and pilot programs to showcase real-world use cases.



Backed by $270 million in committed investment from Improbable, MSquared and the Somnia Foundation, the network positions itself as infrastructure for digital economies.



The mainnet and token went live on Sept. 2, 2025.



Read Next: • <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47449603/strategy-just-bought-another-4048-btc-how-far-can-corporate-bitcoin-holdings-go">Strategy Just Bought Another 4,048 BTC—How Far Can Corporate Bitcoin Holdings Go?</a>



Photo: Shutterstock

Somnia Launches Mainnet, $SOMI Token After Processing 10 Billion Testnet Transactions

Wall Street stumbled on Tuesday, with broad losses by midday in New York as investors turned risk-off amid mounting concerns over lofty valuations, <a href="https://www.benzinga.com/markets/economic-data/25/08/47397599/copper-gold-ratio-plunges-to-2020-lows-crisis-looms">seasonal headwinds and fiscal strains.</a>



<ul class="wp-block-list">
<li>VIXY ETF is spiking. <a href="https://www.benzinga.com/quote/VIXY">Check live prices here. </a></li>
</ul>



The CBOE Volatility Index (VIX) — Wall Street's "fear gauge" — surged nearly 20% to 19.2, marking its third consecutive advance.



Major equity benchmarks retreated, led by the Nasdaq 100, which slid 1.7%. The S&amp;P 500 fell 1.4% in its first session of September — historically its weakest month of the year. The Dow lost more than 500 points or 1.1%.



Chipmakers bore the brunt of the sell-off. NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) dropped 3.6%, heading for a fourth straight day of losses, the longest skid since March. Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) sank 5%, while ASML Holding NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) and Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) each lost about 3%.



Fresh economic data added to the gloom. The ISM Manufacturing PMI showed a sixth consecutive month of contraction, highlighting how tariffs, intended to shield the domestic industry, are instead driving up costs and delaying investment.



Safe-haven demand remained strong. Gold hit fresh record highs above $3,500 an ounce, while silver extended its surge past $40. In energy markets, crude oil jumped 2.6% to $65.65 after reports of renewed Ukrainian strikes on Russian oil facilities.



Bond markets also came under pressure. Long-dated yields climbed across advanced economies, with 30-year U.S. Treasuries up five basis points to 4.97% — hovering just below the closely watched 5% mark.



Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) managed to escape the broader sell-off and rose 1.6% to above $110,000.



<h2 class="wp-block-heading">Tuesday&#8217;s Performance In Major U.S. Indices ETFs</h2>



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Major Indices</td><td>Price</td><td>Chg %</td></tr><tr><td>Dow Jones</td><td>45,038.89</td><td>-1.1%</td></tr><tr><td>Russell 2000</td><td>2,334.30</td><td>-1.3%</td></tr><tr><td>S&amp;P 500</td><td>6,370.68</td><td>-1.4%</td></tr><tr><td>Nasdaq 100</td><td>23,025.76</td><td>-1.7%</td></tr></tbody></table><figcaption class="wp-element-caption">Updated by 12:25 p.m. ET</figcaption></figure>



According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:



<ul class="wp-block-list">
<li>The&nbsp;Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) slipped 1.5% to $584.49.</li>



<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) fell 1.1% to $451.04.</li>



<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;sunk 1.7% to $560.</li>



<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 1.3% to $232.05.</li>



<li>The&nbsp;Consumer Staples&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) outperformed, down 0.3%; the&nbsp;Technology&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) lagged, down 2%.</li>
</ul>



<h2 class="wp-block-heading">Stocks On The Move Tuesday</h2>



<h3 class="wp-block-heading">S&amp;P 500&#8217;s Top 5 Gainers</h3>



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><thead><tr><th>Stock Name</th><th>% Chg</th></tr></thead><tbody><tr><td>Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>)</td><td>+6.45%</td></tr><tr><td>Biogen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIIB#NASDAQ">BIIB</a>)</td><td>+3.84%</td></tr><tr><td>Ralph Lauren Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RL#NYSE">RL</a>)</td><td>+3.36%</td></tr><tr><td>Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>)</td><td>+3.05%</td></tr><tr><td>Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td><td>+2.59%</td></tr></tbody></table></figure>



<h3 class="wp-block-heading">S&amp;P 500&#8217;s Worst 5 Losers</h3>



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><thead><tr><th>Stock Name</th><th>% Chg</th></tr></thead><tbody><tr><td>TransDigm Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>)</td><td>-7.50%</td></tr><tr><td>Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>)</td><td>-6.97%</td></tr><tr><td>Kraft Heinz Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>)</td><td>-6.96%</td></tr><tr><td>Albemarle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>)</td><td>-6.45%</td></tr><tr><td>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>)</td><td>-6.30%</td></tr></tbody></table></figure>



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<li><a href="https://www.benzinga.com/markets/market-summary/25/09/47438659/sp500-september-seasonality-worst-stocks">Why Traders Fear September: 10 S&amp;P 500 Stocks To Watch As Weak Seasonality Kicks In</a></li>
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Photo: Shutterstock

VIX Jumps 20% As Stocks Slump, Gold Tops Record Highs: What's Moving Markets Tuesday?

CleanCore Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZONE#NYSE">ZONE</a>) on Tuesday announced a $175,000,420 private placement to build the first official Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) Treasury, established in <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44708344/21shares-launches-dogecoin-fund-backed-by-dogecoin-foundation">partnership with the Dogecoin Foundation</a> and the House of Doge. 



The <a href="https://www.globenewswire.com/news-release/2025/09/02/3142693/0/en/CleanCore-Solutions-NYSE-ZONE-Announces-175-000-420-Private-Placement-to-Build-the-Official-Dogecoin-Treasury-Founded-by-the-Dogecoin-Foundation-and-the-House-of-Doge-Inc.html">deal</a>, consisting of 175,000,420 pre-funded warrants priced at $1.00 each, is expected to close on Sep. 4.



The transaction, supported by over 80 institutional and crypto-native investors including Pantera, GSR, FalconX, and Borderless, will make Dogecoin the company's primary treasury reserve asset. 



Proceeds will be used to acquire DOGE, advancing a strategy to institutionalize the cryptocurrency and accelerate adoption.



Alex Spiro was named Chairman of the Board of Directors of CleanCore as part of the agreement. 



Timothy Stebbing, Director at the Dogecoin Foundation and CTO of the House of Doge, will join the board, alongside Marco Margiotta, CEO of the House of Doge, who will serve as CleanCore's Chief Investment Officer.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47451889/how-one-trader-scored-250-million-from-the-trump-linked-world-liberty-financial-token">How One Trader Scored $250 Million From The Trump-Linked World Liberty Financial Token</a>



"This new treasury vehicle is a fundamental step toward bringing institutional adoption to Dogecoin," said Stebbing. 



He added that Dogecoin's foundation-backed strategy, combined with future ETF products supported by 21Shares, could position the asset as a serious contender for payments and tokenization.



CleanCore said the treasury strategy will explore staking-like rewards, yield opportunities, and integration with payment providers. 



The company emphasized that Dogecoin will anchor its balance sheet, while also serving as the foundation for new commercialization and institutional finance products.



"This is a watershed moment for both CleanCore and the broader Dogecoin community," said Clayton Adams, CEO of CleanCore. "By anchoring our treasury with Dogecoin, we're proving how public companies can adopt bold change."



The Dogecoin Treasury aims to transform DOGE from a meme-origin cryptocurrency into an institutional-grade asset positioned for payments, retail use, and broader financial adoption.



Read Next: 



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47449603/strategy-just-bought-another-4048-btc-how-far-can-corporate-bitcoin-holdings-go">Strategy Just Bought Another 4,048 BTC—How Far Can Corporate Bitcoin Holdings Go?</a></li>
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Image: Shutterstock

CleanCore Raises $175,000,420 To Establish Official Dogecoin Treasury

XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) is holding key support levels amid fresh ETF filings, heavy whale activity and growing optimism <a href="https://www.benzinga.com/money/ripple-xrp-price-prediction">over regulatory approval.</a>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td><td>Market Cap</td><td>7-Day Trend</td></tr><tr><td>XRP</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.77</td><td>$165 billion</td><td>-4.7%</td></tr><tr><td>Bitcoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$109,006.91</td><td>$2.17 trillion</td><td>-1%</td></tr><tr><td>Ethereum</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$4,293.12</td><td>$518.09 billion</td><td>-4.2%</td></tr></tbody></table></figure>



Trader Notes: Crypto chart analyst Ali Martinez highlighted that XRP has triggered back-to-back TD Sequential buy signals, pointing to a potential rebound. 



He <a href="https://x.com/ali_charts/status/1962425946603970711">mapped</a> out a bullish roadmap: hold $2.70, reclaim $2.90, and open the path toward $3.70.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">TD Sequential flashes back-to-back buy signals on <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a>. Rebound setup in play! <a href="https://t.co/nN8q4TD27c">pic.twitter.com/nN8q4TD27c</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1962570398111015033?ref_src=twsrc%5Etfw">September 1, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



CrediBULL Crypto <a href="https://x.com/CredibleCrypto/status/1962676008701612473">noted</a> that while XRP needs community momentum, the bigger catalyst could come from a Bitcoin reversal. 



Analyst Cryptoinsightuk <a href="https://x.com/Cryptoinsightuk/status/1962415603832017094">added</a> that XRP has already flushed liquidity below support, putting it structurally ahead of peers like Bitcoin, Ethereum, and Dogecoin.



Statistics: Ripple unlocked 1 billion XRP from escrow across three transactions: 500M XRP ($1.4 billion), 300 million XRP ($830.2 million), and 200 million XRP ($553 million). 



Additionally, Whale Alert <a href="https://x.com/whale_alert">tracked</a> massive transfers between wallets, including 236.98 million, 230.8 million, and 257.1 million XRP in separate moves.



Community News: Amplify Investments has <a href="https://www.sec.gov/Archives/edgar/data/1633061/000121390025082397/ea0255127-01_485apos.htm?utm_">filed</a> with the SEC for the first XRP-based "option income" ETF, designed to generate returns via a covered call strategy while holding at least 80% XRP-linked instruments. 



The other 20% would be invested in U.S. liquidity and risk management treasuries, cash, or equivalents. 



Amplify intends to list it on the Cboe BZX Exchange.



ETF specialist Nate Geraci <a href="https://x.com/NateGeraci/status/1962681694181290304">emphasized</a> that while Polymarket odds stand at 87% for XRP ETF approval in 2025, he personally believes it's closer to 100%.



Read Next:



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47445282/bitcoin-steadies-at-110000-as-xrp-stalls-and-ethereum-dogecoin-slip">Bitcoin Steadies At $110,000 As XRP Stalls And Ethereum, Dogecoin Slip</a></li>
</ul>



Image: Shutterstock

XRP Hovers Below $3: When Is The Big Breakout Coming?

A pseudonymous crypto trader known as Techno Revenant has secured another outsized payday, realizing about $250 million from the launch of World Liberty Financial (CRYPTO: WLFI), a DeFi token linked to <a href="https://www.benzinga.com/news/25/08/47335391/trump-media-and-crypto-com-form-cro-treasury-company-in-105-million-token-deal">U.S. President Donald Trump's family.</a>



What Happened: Blockchain <a href="https://x.com/mlmabc/status/1962562091744915610?s=46">data </a>shows the trader invested $15 million in WLFI during its token sale last year, securing 1% of the total supply, <a href="https://www.coindesk.com/business/2025/09/02/crypto-trader-scores-usd250m-payday-as-trump-linked-wlfi-hits-open-market">according</a> to Coindesk.



That allocation was distributed on Monday and valued at roughly $250 million as the token began trading.



The nine-digit haul follows a $38 million gain the same trader made last week on derivatives platform HyperLiquid (CRYPTO: HYPE), capitalizing on volatility in Plasma (CRYPTO: XPL) as futures open interest fell by $130 million.



Speaking with Benzinga, Techno Revenant dismissed speculation about their identity after chain analysis attempts linked their wallet activity to another online persona. 



"Some people think I&#8217;m <a href="https://x.com/moonmanifest47?utm_source=chatgpt.com">MoonManifest47</a> because of chainalysis that is highly speculative. However, it&#8217;s entirely possible there are multiple people controlling various wallets. The beauty of crypto," they said.



When asked how they identify opportunities in unpredictable markets like WLFI and XPL, the trader emphasized patience and liquidity. 



"Patiently wait for the big obvious trades that have sufficient liquidity to size in with 8 figs. XPL seemed obvious because it attracted a lot of liquidity — and don't fight The Paolo," Techno Revenant explained.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47445311/bitget-transfers-440-million-bgb-to-morph-foundation-establishing-bgb-as-gas-and-governance-token-of-morph-chain">Bitget Transfers 440 Million BGB To Morph Foundation, Establishing BGB As Gas And Governance Token Of Morph Chain</a>



Why It Matters: WLFI's debut was marked by sharp volatility, spiking to $0.40 before retreating to $0.25, with more than $5 billion in trading volume on launch day.



While Techno Revenant profited, others faced setbacks as hackers exploited Ethereum's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) recent Pectra upgrade through a phishing scheme described as a "classic EIP-7702 exploit."



On managing security in such high-stakes environments, the trader pointed to established best practices. 



"Study Jameson Lopp's Bitcoin security page," they advised, linking to <a href="https://lopp.net/bitcoin-information/security.html?utm_source=chatgpt.com">lopp.net</a>, a widely cited resource on wallet safety and threat mitigation.



Read Next: 



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47419382/everything-blockchain-inc-joins-flares-xrpfi-standard-for-treasury-yield">Everything Blockchain Inc. Joins Flare&#8217;s XRPFi Standard For Treasury Yield</a></li>
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Image: Shutterstock

How One Trader Scored $250 Million From The Trump-Linked World Liberty Financial Token

Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) disclosed it has acquired 4,048 Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) for approximately $449.3 million, paying an <a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47217901/is-strategy-becoming-a-risk-to-the-bitcoin-bull-market">average of $110,981 per coin</a>.



What Happened: The <a href="https://x.com/Strategy/status/1962849198144893425">purchases</a>, made between Aug. 26 and Sep. 1, raise the company's total Bitcoin holdings to 636,505 BTC, acquired at an aggregate cost of $46.95 billion, or $73,765 per Bitcoin.



The company also reported that it has achieved a Bitcoin yield of 25.7% year-to-date, underlining the scale of its treasury strategy. 



Strategy's latest purchase further cements its position as the largest corporate holder of Bitcoin globally.



The acquisition was funded through proceeds from at-the-market offerings of preferred stock and common stock. 



According to the filing, 220,000 shares of preferred and over 1.2 million shares of common stock were sold during the reporting period, raising $471.8 million in net proceeds.



Strategy's Bitcoin dashboard shows its consistent accumulation strategy remains intact despite market volatility. 



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47446537/bitcoin-stuck-around-110000-is-105000-or-115000-next">Bitcoin Stuck Around $110,000: Is $105,000 Or $115,000 Next?</a>



Why It Matters: The accumulation comes as other corporate and institutional holders also expand their reserves.



Metaplanet Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MTPLF#OTC">MTPLF</a>), often called "Japan's MicroStrategy," approved an $884 million capital raise on Monday and disclosed the purchase of 1,009 BTC for $112.2 million, bringing its holdings to 20,000 BTC.



Tesla holds 11,509 BTC, while Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) controls 11,776 BTC, worth around $1.35 billion.



Bitcoin miner CleanSpark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) owns 12,608 BTC, valued at $1.45 billion at current prices. 



These figures underscore how treasury strategies for corporations in diverse sectors now include significant Bitcoin allocations.



By contrast, Strategy's total 636,505 BTC represents approximately 3% of the Bitcoin supply, underscoring its dominance in corporate holdings.



Read Next: 



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47445311/bitget-transfers-440-million-bgb-to-morph-foundation-establishing-bgb-as-gas-and-governance-token-of-morph-chain">Bitget Transfers 440 Million BGB To Morph Foundation, Establishing BGB As Gas And Governance Token Of Morph Chain</a></li>
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Image: Shutterstock

Strategy Just Bought Another 4,048 BTC—How Far Can Corporate Bitcoin Holdings Go?

Genius Group Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNS#NYSE">GNS</a>), an AI- and Bitcoin-focused education company, signed a $14 million <a target="_blank" href="https://www.benzinga.com/pressreleases/25/09/g47445983/genius-group-and-nuanu-sign-14-million-share-purchase-joint-venture-agreement-launching-genius-cit" rel="noreferrer noopener">share purchase and joint venture agreement</a> with Nuanu Creative City to create Genius City in Bali.



The initiative, cleared by both boards and pending final closing, is positioned as a global prototype for a post-Singularity learning community that blends artificial intelligence, tokenized assets, and human connection.



The Genius City model integrates schools, camps, and accelerators for all ages, alongside cultural festivals, retreats, and workshops. It is built around the &#8220;ABCs of the future&#8221;: AI, Bitcoin (CRYPTO: BTC/USD), and community.



Also Read: <a target="_blank" href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47278995/nayib-bukele-led-el-salvador-is-now-seeing-hundreds-of-students-graduate-with-bitcoin-diplomas" rel="noreferrer noopener">Nayib Bukele-Led El Salvador Is Now Seeing Hundreds Of Students Graduate With Bitcoin Diplomas</a>



Genius Group will hold a 51% stake in Nuanu&#8217;s ProEd Education system and majority ownership in its co-working, retreat, and entrepreneurship facilities. The company is investing $7.1 million and projects $20 million in annual revenue and $6 million in profits within four years.



Nuanu Creative City spans 44 hectares in Bali and features more than 30 projects related to education, culture, wellness, and sustainability. Its attractions include Aurora Park, Luna Beach Club, and landmark art installations, which draw over 4,000 visitors daily.



&#8220;We are excited to take the next step in launching our Genius City model in partnership with Nuanu,&#8221; said Roger James Hamilton, CEO of Genius Group. Lev Kroll, CEO of Nuanu, said the partnership reflects a shared goal of using technology to enhance, not replace, human connections.



The launch supports Genius Group&#8217;s broader digital asset strategy. Earlier this year, the company explained <a target="_blank" href="https://www.benzinga.com/crypto/25/07/46221685/why-genius-group-is-aggressively-stockpiling-bitcoin" rel="noreferrer noopener">why Genius Group</a> is aggressively stockpiling Bitcoin, calling it central to its education and community model.



The company will present its Genius City and Genius School plans at the Genius Future Summit, scheduled for Oct. 2-3, 2025, in Bali.



Investors can also look to the ProShares Bitcoin Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITO#NYSE">BITO</a>) and the Global X Artificial Intelligence &amp; Technology ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NASDAQ">AIQ</a>).



Price Action: At last check Tuesday, GNS shares were trading lower by 1.69% to $0.8700.



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