Company Bit Digital Sets Forth Shareholder Gathering to Amplify Share Portfolio
The digital currency landscape continues to evolve, with several significant developments taking place in recent times.
The Depository Trust & Clearing Corporation (DTCC) has announced the listing of two new crypto spot Exchange Traded Funds (ETFs) - Fidelity's Wise Origin Bitcoin ETF and Canary's Bitcoin Trust. This move comes as the SEC has approved a universal listing standard for crypto spot ETFs, paving the way for more such listings in the future.
In other news, Bit Digital, a Nasdaq-listed company, has planned a shareholder meeting on September 10, 2025, to vote on increasing its authorized share capital from 340 million to 1 billion common shares, each valued at $0.01. The proposed share capital increase aims to raise funds potentially intended for Ethereum acquisitions, according to analyst speculations. However, as of July 26, 2025, there is no publicly available confirmation from Bit Digital executives or official documentation about the proposed shareholder meeting or a plan to direct new funds into ETH.
Elsewhere, Reflect has secured $3.75M funding to launch USDC+ on Solana. Meanwhile, Tetra Digital has secured $10M and plans to launch a Canadian stablecoin.
The crypto community is observing these developments, but there has been no comment from industry influencers or top executives about Ethereum or capital usage plans. On the regulatory front, the SEC has launched Project Crypto for unified crypto regulations, while Chainlink has joined Aethir's AI Unbundled Alliance to boost Web3 AI infrastructure.
In the world of partnerships, Underdog and Crypto.com have partnered for a U.S. sports prediction market, and BitMine has acquired 13 million OCTO shares in a $20 million deal.
Lastly, Titan has secured a $7 million seed round for its DEX aggregator, adding another layer of activity to the dynamic crypto sphere. Mayowa Adebajo, a seasoned freelance writer specializing in creating high-converting content across diverse industries, brings a deep understanding of audience engagement and storytelling to this evolving narrative.
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