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Strive Adds 1,110 BTC for $81.5M, Holding Tops 21,356; ASST Up 11%

Strive, the Nasdaq-listed firm known for a corporate Bitcoin treasury program, bought 1,110 Bitcoin for roughly $81.5 million in the week of Aug. 17–Aug. 21, according to a filing with the US Securities and Exchange Commission. The purchases brought its total holdings to 21,356 BTC. In the same filing, Strive said it paid an average of $73,409 per Bitcoin (including fees and expenses) for the tranche acquired during that period. Cash and cash equivalents increased by $17.1 million to $171.9 million, while its Class A shares outstanding rose by 3.65 million to 79.89 million. Key takeaways Strive added 1,110 BTC between Aug. 17 and Aug. 21, lifting total holdings to 21,356 BTC. The company’s average purchase price was $73,409 per BTC (with fees/expenses), versus Bitcoin trading near the $79,000 level on Monday. Strive’s latest buying strengthens its position among public corporate Bitcoin holders, moving it into the top tier tracked by BitcoinTreasuries.NET. Strive also reported ...
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Ripple Payments Adopted by Korean Bank as Pakistan Issues Crypto Licenses

Crypto policy and payments developments across Asia are moving in multiple directions at once: some regulators are tightening rules for digital asset firms, while banks and institutions pursue faster rails for cross-border settlement. Meanwhile, exchange licensing and tokenized finance continue to expand in jurisdictions that are still calibrating how to oversee crypto. Below is a consolidated look at the week’s key developments—from South Korea and Japan to Pakistan, the UAE, and beyond—focusing on what changed, why it matters, and what to watch next. Key takeaways South Korea’s Jeonbuk Bank partnered with Ripple to use a blockchain-based cross-border payments system for business customers. South Korean lawmakers proposed expanding FIU powers so the Financial Intelligence Unit can investigate suspected violations by unregistered crypto firms. Japan granted Laser Digital authorization as a crypto asset exchange service provider under the Payment Services Act, marking the first su...
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Coinbase Tokenized Stocks Launch on Base Using Chainlink Price Feeds

Coinbase has launched tokenized shares on its Base network, bringing a new set of regulated “tokenized equity” assets into DeFi. The move went live on Base alongside an integration from Chainlink, which will supply the pricing data needed for decentralized applications to use the tokens for functions such as lending, trading, and structured products. Chainlink Data Feeds for Coinbase’s tokenized stocks are designed to provide continuous pricing for major U.S. equities, including Nvidia, Apple, Meta, and Alphabet. For DeFi platforms, reliable price inputs are a practical prerequisite—without them, mechanisms like collateral valuation or automated market-making can become unstable or overly manual. Key takeaways Coinbase tokenized stocks launched on Base with Chainlink Data Feeds to support DeFi integrations. Chainlink will continuously price tokens tied to underlying Coinbase-supplied equity multipliers that account for dividends and corporate actions. Each B20 token on Base repre...
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Coinbase-Linked Advocacy Group Backs Candidates for US Midterms

Stand With Crypto, the pro-crypto advocacy group launched by Coinbase in 2023, has endorsed 32 candidates for the 2026 US House elections, positioning the slate as part of a broader campaign to influence federal digital-asset policy ahead of the midterms. In a notice released on Monday, the organization said its endorsements target lawmakers it describes as “proven digital asset policy champions,” with an emphasis on competitive districts where it believes its influence can most directly affect outcomes. Stand With Crypto also framed crypto voters as an increasingly dependable voting bloc during close races. Key takeaways Stand With Crypto is backing 32 House candidates for the 2026 midterms based on their digital asset policy positions. The group says it will focus resources on winnable, competitive races where its advocacy is most likely to sway results. Stand With Crypto executive director Mason Lynaugh argues crypto voters could “swing” congressional outcomes as candidates lo...
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Bernstein Flags New USDC Growth Cycle, Sets $140 Price Target for Circle

Circle is drawing fresh investor attention as analysts at Bernstein argue that USDC is entering a new expansion phase—one that could translate into meaningful momentum for the stablecoin issuer over the next year. In a research note published Monday, the firm pointed to a sharp pickup in USDC supply growth and an improvement in the stablecoin’s role within dollar-backed payments. Bernstein said USDC is showing signs of what it called “digital dollar reflation” after its supply rose by roughly $2 billion in seven days, reversing a six-month stretch of stagnant or declining growth. The brokerage reiterated an Outperform rating on Circle and a $140 price target, implying about 60% upside from current levels. Circle shares have risen roughly 40% over the past month. Key takeaways Bernstein cited a roughly $2 billion USDC supply increase over seven days , calling it “digital dollar reflation.” The firm maintained a $140 price target on Circle and an Outperform rating, expecting a...
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Bitget CEO Says It’s Waiting for Bitcoin’s $50K, Not Chasing Rally

Bitget CEO Gracy Chen says she does not view Bitcoin’s recent surge toward the $79,000 area as proof the bear market is finished. In an interview on Trade Secrets, Chen argued that downside could still be ahead and indicated she is prepared to keep a large portion of her own portfolio in stablecoins while waiting for a better entry level. Chen said she would personally look to buy Bitcoin again if the market drops by more than $25,000 from current levels—pinning that “buyback” zone around $50,000. She also cautioned that she does not have special insight into Bitcoin’s next move, while acknowledging that traders can still debate where the year ends. Key takeaways Bitget CEO Gracy Chen is keeping a significant share of her portfolio in stablecoins while monitoring for a possible deeper pullback. Chen’s personal Bitcoin re-entry level centers around roughly $50,000, rather than assuming the rally marks a lasting floor. She does not expect her timing to be perfect and explicitly avo...
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Coinbase Tokenized Stocks Launch on Base With Chainlink Feeds

Coinbase has expanded its experiment with tokenized equities by launching tokenized US stocks on Base, bringing additional real-world asset options into Ethereum-compatible DeFi. The rollout also includes an integration with Chainlink Data Feeds designed to supply ongoing price data so decentralized applications can value and use the tokens reliably. As tokenized stocks continue to attract liquidity and new holders, the Coinbase–Base move underscores a growing push to make regulated, share-backed assets more usable onchain—whether for lending, trading, or structured products. Key takeaways Coinbase’s tokenized US stocks started trading on Base, with Chainlink Data Feeds providing continuous pricing for DeFi integrations. The feeds are designed to reflect underlying stock prices while applying a Coinbase multiplier that accounts for dividends and corporate actions. Tokens are issued as B20 tokens on Base and are available to non-US users in eligible jurisdictions. Each B20 token...
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