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According to a report by Jinse Finance, Block's Chief Financial Officer Amrita Ahuja stated on CNBC that Bitcoin has the potential to become an open protocol powering the internet, enabling funds to move efficiently at internet speed. She noted that the company has consistently invested in Bitcoin-related businesses over the years, including trading products, self-custody services, and mining initiatives, and will launch a new mining chip in the second half of this year to promote the widespread adoption of mining. Ahuja believes that Bitcoin is evolving from "digital gold" to a currency for everyday payments, with thousands of Square merchants already accepting BTC.

Foresight News reports that Ethereum-focused asset management firm Fundamental Global has announced it will rebrand as FG Nexus Inc. The company also revealed that it has filed a shelf registration statement with the U.S. Securities and Exchange Commission (SEC) for $5 billion, establishing one of the largest capital frameworks in the Ethereum digital asset management sector. The filing includes an “at-the-market” (ATM) prospectus, covering the issuance, offering, and sale of up to $4 billion in common stock, which may be issued and sold from time to time. This registration will provide FG Nexus with financial flexibility to pursue opportunistic financing.