Weekly Market Highlights - BNB Chain Launches US$100M Liquidity Incentive for CEX Listings
28 March 2025
Macro/TradFi
Strategy has acquired 6,911 bitcoin for ~US$584.1M at ~$84,529 per bitcoin.
Metaplanet has bought an additional 150 bitcoin at JPY12,570,173 (approx. US$83,596) per bitcoin.
BlackRock is launching a Bitcoin exchange-traded product in Europe.
BlackRock has expanded its tokenized treasury fund, BUIDL, to the Solana blockchain.
CME Group has announced a partnership with Google Cloud to explore tokenization using Google Cloud’s Universal Ledger.
GameStop has announced its plans to adopt Bitcoin as a treasury reserve asset.
Crypto
L1/L2:
BNB Chain has launched a US$100M Liquidity Incentive for CEX Listings. Rewards will be distributed on a first-come, first-served basis to projects that meet the criteria.
Ethereum’s Pectra upgrade has been deployed on the Hoodi testnet, bringing it one step closer to mainnet deployment.
Berachain, an EVM-based Layer 1 blockchain, has launched its proof-of-liquidity system.
DeFi:
The dYdX Community has launched the dYdX Buyback Program. 25% of net protocol fees will be allocated to monthly buybacks, systematically acquiring $DYDX from the open market.
Others:
The Dogecoin Foundation, through its newly established corporate arm, has created an "Official Dogecoin Reserve". 10 million DOGE has been purchased (~US$1.8M).
World Network is discussing with Visa to integrate card features into its self-custody crypto wallet.
Latest Binance Research Publications
Check out our latest publications:
Where Are Our Airdrops Going?
The Future of Bitcoin #4: DeFi
Sustainable Tokenomics: Questions Every Founder Should Think About
That’s a wrap!
Binance Research
About Binance Research: Binance Research is the research arm of Binance, the world's leading cryptocurrency exchange. The team is committed to delivering objective, independent, and comprehensive analysis and aims to be the thought leader in the crypto space.$XRP $BTC