The most influential crypto events of 2025 included sweeping regulatory moves, ecosystem expansion and the rise of new onchain trends. Bitcoin’s rise past $100,000 in 2025 marked a shift from speculative trading to long-term institutional adoption. Banks and governments began viewing BTC as a strategic reserve asset. The GENIUS Act established a unified US framework for payment stablecoins, mandating 1:1 reserve backing, stricter issuer qualifications and stronger consumer protections. Real-world asset tokenization surpassed $30 billion onchain, driven by tokenized US Treasurys and private credit. Firms such as BlackRock, JPMorgan and Apollo integrated RWAs into DeFi markets. Read more
The registration statement was made public about four months after the asset manager had filed confidentially for an initial public offering. Grayscale Investments, an asset management company specializing in digital asset investments, has filed a registration statement as part of the process for going public on US markets. In a Thursday filing with the US Securities and Exchange Commission, Grayscale said it intended to list shares of its Class A common stock on the New York Stock Exchange under the ticker symbol GRAY. The Form S-1 filing was part of the process for the asset management company to go public, but it was not yet effective. Based on the SEC’s record of approvals, it could take anywhere from weeks to months before the registration statement becomes effective and the company prepares to list its shares. Read more