Latest news with #Crypto.comExchange
Associated Press
02-06-2025
- Business
- Associated Press
BTCS Inc. Utilizes Crypto.com and Acquires 1,000 ETH, Expanding Ethereum Holdings to 13,500 ETH
Silver Spring, Maryland--(Newsfile Corp. - June 2, 2025) - BTCS Inc. (NASDAQ: BTCS) ('BTCS' or the 'Company'), a blockchain technology-focused company, today announced the acquisition of 1,000 Ether (ETH) for approximately $2.63 million. This acquisition was primarily acquired from Exchange, institutional-grade offering. As of June 2, 2025, BTCS holds approximately 13,500 ETH, up from 9,063 ETH at the end of Q1 2025-an increase of approximately 50%. 'Ethereum remains at the core of our blockchain infrastructure strategy,' said Charles Allen, Chief Executive Officer of BTCS. 'Our expanding ETH position is not simply a treasury play-it's a strategic byproduct of our NodeOps and high-growth Builder+ activities. We are focused on building highly scalable, revenue-generating infrastructure. This complementary approach not only delivers the benefits of a digital asset treasury strategy but also unlocks long-term growth potential that goes far beyond mere price appreciation. We believe this dynamic model is uniquely positioned to maximize shareholder value over time.' 'In line with our mission to maximize strategic value from every ETH purchase, " added Charles Allen, CEO of BTCS, " We have utilized institutional offering, the Exchange. By tapping into their deep liquidity and specialized execution capabilities, we are reducing slippage and optimizing capital deployment across our blockchain initiatives. This initiative complements our treasury and infrastructure strategy by ensuring every ETH acquisition is not only tactically sound but also cost-efficient, reinforcing our commitment to shareholder value.' The Exchange, established in 2019 and launched in the U.S. in 2024, is offered for advanced, VIP and institutional users, and provides users a technologically advanced crypto trading platform featuring deep global liquidity and ultra-low latency. The Exchange is the world's leading USD support exchange by spot market volume. The Exchange is a truly comprehensive offering — including spot trading, margin trading, derivatives, OTC trading, and more. 'The Exchange was purpose-built to offer institutional and advanced clients with the industry's premier cryptocurrency trading experience, with deep global liquidity and the leading tech stack,' said Eric Anziani, President and COO of 'We are proud to partner with BTCS in its cryptocurrency acquisition strategy and to serve them through their continued crypto reserve journey.' About BTCS: BTCS Inc. (NASDAQ: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting About Founded in 2016, is trusted by more than 140 million customers worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem. Learn more at Forward-Looking Statements: Certain statements in this press release constitute 'forward-looking statements' within the meaning of the federal securities laws, including statements regarding building highly scalable revenue generating infrastructure, the benefits of a digital asset treasury strategy, optimization from utilizing institutional offering, maximizing shareholder value, and driving long-term value for shareholders. Words such as 'may,' 'might,' 'will,' 'should,' 'believe,' 'expect,' 'anticipate,' 'estimate,' 'continue,' 'predict,' 'forecast,' 'project,' 'plan,' 'intend' or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation regulatory issues (including, but not limited to, potential SEC enforcement actions, regulatory changes, and state regulatory requirements), cybersecurity risks, technological challenges, market adoption risks, changes in blockchain protocols, continued volatility in the cryptocurrency markets, smart contract risks, and other risks inherent to blockchain technology and cryptocurrency operations, as well as risks set forth in the Company's filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events, or otherwise, except as required by law. For more information, follow us on: Twitter: LinkedIn: Facebook: Investor Relations: Charles Allen - CEO X (formerly Twitter): @Charles_BTCS Email: [email protected] [ This image cannot be displayed. Please visit the source: ] To view the source version of this press release, please visit
Business Wire
08-05-2025
- Business
- Business Wire
Crypto.com Exchange Joins Lynq, the Real-Time Yield-Bearing Settlement Network, as a Launch Partner
NEW YORK--(BUSINESS WIRE)--Lynq, the real-time, yield-bearing settlement network for digital assets, today announced that Exchange, the world's leading USD support exchange by spot market volume, has joined the network as a launch partner. The Exchange now becomes the first digital asset exchange to integrate with Lynq and will help accelerate adoption for Lynq, alongside other launch partners including B2C2, Galaxy (TSX: GLXY), and Wintermute. The Exchange, established in 2019 and launched in the U.S. in 2024, is offered for advanced, VIP and institutional users, and provides users a technologically advanced crypto trading platform featuring deep global liquidity and ultra-low latency. The Exchange is a truly comprehensive offering - including spot trading, margin trading, derivatives, OTC trading, and more. ' ranks among the world's leading cryptocurrency exchanges, and we are honored to have the Exchange join the consortium,' said Jerald David, President of Arca Labs and leader of the consortium. 'This partnership is a natural progression in our mission to deliver an efficient and scalable settlement solution that addresses the specific needs of institutional clients in the digital asset industry.' 'Joining Lynq aligns with commitment to driving innovation and fostering greater efficiency within the digital assets ecosystem,' said Eric Anzaini, President and COO at 'We believe that Lynq will offer significant benefits to the institutions we serve, and we are proud to be the first digital asset exchange to leverage this technology.' Through this integration, will allow its institutional clients to more seamlessly and efficiently fund their trading accounts and offramp to the settlement platform with one click. Additionally, will gain access to a network of digital asset market participants that enable real-time settlement and the ability to earn yield on assets on the platform. Lynq's Yield-in-Transit functionality maximizes capital efficiency and sets a new standard for institutional settlement. Lynq aims to address the unique challenges of digital asset settlement, including market fragmentation, counterparty risk, and evolving regulatory frameworks, while returning yield to institutional clients. Lynq operates within a legal framework that leverages tZERO's Broker-Dealer and Special Purpose Broker-Dealer licenses as well as Arca's Registered Investment Adviser and Delaware Trust. This innovative architecture, paired with Tassat's widely adopted, real-time blockchain infrastructure, provides clients with segregated account security, transparent proof of reserves, and broad ecosystem connectivity, all on a familiar and trusted platform. In addition to the launch partners, Lynq's consortium includes Arca Labs, Avalanche, Tassat Group, tZERO Group, and U.S. Bank. To learn more about Lynq and join the network, please visit About Lynq Lynq is a broker-dealer operated, real-time settlement utility powered by a tokenized treasury fund custodied at a special purpose broker-dealer. Developed by Arca Labs, Tassat, and tZERO Group, and supported by a syndicate of leading digital asset and tradfi institutions, Lynq offers clients a scalable and inclusive settlement service on a proven end-to-end platform. Built by the industry, for the industry, Lynq delivers yield and transparent proof of reserves within a bankruptcy-remote architecture that minimizes counterparty risk. Lynq's patent-pending Yield-in-Transit technology enables users to maximize earned interest even during settlement operations, driving unprecedented capital efficiency. Yield is calculated by the fund administrator, Ultimus Fund Solutions. For more information, please visit About Founded in 2016, is trusted by more than 140 million customers worldwide and is an industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. is committed to accelerating the adoption of cryptocurrency through innovation. Learn more at
