enterprise

Sygnum warns that excessive accumulation of Bitcoin by enterprises may affect its status as a central bank reserve currency

According to ChainCatcher news, The Block reported that digital asset bank Sygnum released a report indicating that companies like Strategy (formerly MicroStrategy) are continuously increasing their Bitcoin holdings through leverage, which may undermine Bitcoin's suitability as a central bank reserve asset. Data shows that Strategy currently holds 582,000 Bitcoins, accounting for 2.8% of the total supply, with an unrealized gain of approximately $22 billion.The report suggests that excessive concentration of Bitcoin holdings by companies could lead to decreased liquidity and increased price volatility, thereby affecting central banks' willingness to allocate. Currently, 144 companies worldwide have established Bitcoin reserves, of which 114 are publicly traded companies. Bernstein estimates that the scale of this sector could grow by $33 billion over the next five years.Sygnum specifically pointed out that some companies are increasing their Bitcoin holdings through leveraged tools such as bond issuance, and their operational models have deviated from traditional corporate financial strategies. If the market turns bearish, it could trigger a wave of selling and exacerbate price declines. Currently, countries like the United States and the Czech Republic have begun exploring the inclusion of Bitcoin in national reserves, but Sygnum believes that excessive accumulation by companies may delay this process.
16분 전

Safe established a subsidiary, Safe Labs, to develop an enterprise-level self-custody wallet solution for Ethereum

ChainCatcher news, according to Cointelegraph, digital asset self-custody service provider Safe (formerly Gnosis Safe) has announced the establishment of a wholly-owned subsidiary, Safe Labs, focused on the development of enterprise-grade self-custody solutions based on Safe Smart Accounts and smart contract wallet technology. The subsidiary is led by former Chief Product Officer Rahul Rumalla, who has over 15 years of engineering and product management experience and previously founded Web3 startups Paperchain and Otterspace.It has been disclosed that Safe currently has a managed asset scale of $60 billion, supporting 4% of Ethereum on-chain transactions and holding about 10% of the Ethereum Virtual Machine smart account market share. The new product adopts a modular smart contract wallet architecture, supporting institutional needs such as multi-signature management, but most on-chain interactions still rely on the "blind signing" operations of hardware wallets.Safe co-founder Lukas Schor emphasized that the development of Web3 must ensure users have absolute control over their digital sovereignty. At the time of this initiative's announcement, Bybit was exposed to industry risks due to a $1.4 billion hack incident caused by a blind signing vulnerability in February, and Ledger CEO Pascal Gauthier pointed out that "blind signing is equivalent to signing a blank check online."

Roam launches enterprise eSIM with a customizable management backend to assist Web3 teams in cross-border collaboration

ChainCatcher news, Roam officially launches the enterprise version of eSIM, providing a complete set of seamless, efficient, and flexible global data connectivity solutions for various teams, especially for Web3 conference practitioners. Compared to traditional international roaming packages, Roam's enterprise eSIM not only saves over 80% in cost expenditures but also offers a unified enterprise management account, supporting backend custom member access. Managers can monitor data usage in real-time and set spending limits, effectively managing budgets and controlling costs. Flexible payment methods include traditional credit cards and cryptocurrencies, with exclusive discounts for payments made with $ROAM. The enterprise eSIM allows users to activate in over 180 countries with one click, no need to change SIM cards, connect upon arrival, completely eliminating high roaming fees and issues like data expiration or wastage, and flexibly adapting to various work scenarios.Roam's enterprise eSIM is a global, low-threshold, and highly flexible digital mobile communication solution tailored for international teams, addressing comprehensive issues in the industry such as remote collaboration, global mobility, cost control, and privacy protection. It is the ideal choice for Web3 project teams, cross-border content creators, and technology developers engaged in multinational collaboration.
2025-04-18

Galaxy Report: ETH Dominates Enterprise Blockchain Adoption with Use Cases like NFT and RWA Tokenization

ChainCatcher news, according to Bitcoin.com, based on a report by Galaxy Digital's Vice President of Research Christine Kim, over 50 traditional companies, including financial institutions like Deutsche Bank and Paypal, as well as brands like Louis Vuitton and Adidas, are developing cryptocurrency-specific applications on Ethereum and its L2 networks, focusing on non-speculative use cases such as RWA tokenization, NFTs, Web3 gaming, and scalable infrastructure.The report states that Ethereum is leading in RWA tokenization, with the value of managed assets nearly 10 times that of Stellar. Among 20 financial institutions building crypto infrastructure, 13 are issuing RWA, including BlackRock's BUIDL. Stablecoins are also thriving on Ethereum, with Paypal's PYUSD and Robinhood's USDG driving a 70% supply surge in 2024, while Ethereum holds over 50% of the $400 billion stablecoin market.Investment in scalable infrastructure emphasizes enterprise adoption. Deutsche Bank is developing a compliant financial solution on Ethereum L2 with ZKSync, while Sony's L2 project Soneium targets gaming and entertainment. These projects highlight Ethereum's role as a customizable foundation for enterprise-grade blockchain.Additionally, the centralized roadmap for Ethereum L2 balances scalability and security, attracting institutions seeking effective on-chain solutions. Regulatory tailwinds, including the SEC's focus on tokenization and collaborations like Stripe's $1 billion acquisition of stablecoin platform Bridge, indicate increasing mainstream adoption.Galaxy's report concludes that Ethereum remains the preferred chain for finance-focused crypto services, with RWA and stablecoins expected to expand by 2025. Kim noted, "As the most decentralized, widely covered, and longest-running general-purpose blockchain, Ethereum serves as a gateway for many institutions to incubate and launch finance-focused crypto services and products."
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