By Kapil Rajyaguru
Trump’s WLFI Launches ’Macro Strategy’ Fund for Bitcoin, Ether, Altcoins.
US President Donald Trump’s blockchain platform launched a strategic reserve fund to back the growth of some of the biggest cryptocurrencies. Trump’s World Liberty Financial (WLFI) decentralized finance platform unveiled the “Macro Strategy” fund for Bitcoin, Ether and other cryptocurrencies “at the forefront of reshaping global finance.”
The fund aims to “enhance stability” by diversifying the platform’s holdings across a “spectrum of tokenized assets” to ensure a “resilient financial system” and to invest in “emerging opportunities within the DeFi landscape.”
Crypto Platform Bitpanda Expands Services In UK With FCA Approval.
Austrian cryptocurrency platform Bitpanda is expanding its presence in the United Kingdom after securing regulatory approval from the Financial Conduct Authority (FCA).
Bitpanda was approved to offer more than 500 crypto assets in the UK, the firm said in an announcement on Feb. 12.
The approval also allows Bitpanda to provide UK investors with a variety of crypto services, including staking, savings plans and crypto indexes.
Goldman Sachs Boosts Ethereum ETF Holdings By 2,000%, Bitcoin ETFs To $1.5bn.
Investment bank Goldman Sachs increased its spot Ether exchange-traded fund (ETF) holdings by 2,000% in the fourth quarter of 2024, along with boosting its Bitcoin ETF stash to over $1.5 billion.
Goldman upped its Ether ETF exposure from $22 million to $476 million, split almost evenly between BlackRock’s iShares Ethereum Trust (ETHA) and the Fidelity Ethereum Fund (FETH), along with $6.3 million into the Grayscale Ethereum Trust ETF (ETHE), according to the company’s Feb. 11 Form 13F filing with the Securities and Exchange Commission.
Goldman also upped its Bitcoin ETF holdings by 114% to $1.52 billion. It purchased nearly $1.28 billion worth of shares in the iShares Bitcoin Trust (IBIT) — a 177% increase from Q3 — along with $288 million worth of shares in the Fidelity Wise Origin Bitcoin Fund (FBTC).
US And UK Decline To Sign International Agreement For Ethical AI.
The US and the UK have declined to sign the final statement of a French-hosted artificial intelligence summit that called for inclusive, ethical, and safe development of the technology.
The US vice president strongly criticized European AI regulations as massive and potentially stifling innovation while rejecting content moderation as “authoritarian censorship.”
Meanwhile, the British government indicated it had concerns about specific language in the agreement, noting that the approach differed significantly from its own AI safety summit held in 2023, according to Reuters.
Participants from over 100 countries, including government leaders, international organizations, academics and researchers, gathered in Paris on Feb. 10 and 11 at the AI Action Summit.
Crypto Custodian BitGo Mulls IPO In 2025.
Cryptocurrency custodian BitGo is mulling conducting an initial public offering (IPO) as soon as this year, according to a Feb. 11 Bloomberg report.
Bloomberg said Palo Alto-based BitGo is in talks with investment banks to advise on a potential IPO, which would happen in the second half of 2025, if at all. Deliberations are reportedly ongoing, and no final decision has been made.
BitGo provides regulated crypto custody, lending and infrastructure services to US institutions.
Stablecoin Supply Jumps by $17bn Since Beginning of 2025.
Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months.
The current rate of increase in the supply is roughly $541 million per day, according to the firm. Specific tokens that were analyzed include the big two USDT and USDC, which account for 86% of all stablecoin market capitalization, and smaller stablecoins such as Ethena’s USDE and Sky Protocol’s DAI.
A separate report by Ark Investment Management shows that transaction value of all stablecoins now eclipses that of traditional payment companies such as Visa, Mastercard, and American Express.
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