Norwegian deep-sea mining firm Green Minerals AS revealed plans this Wednesday to allocate 【$1.2 billion】 to Bitcoin holdings, marking the latest corporate embrace of cryptocurrency treasuries. The move follows similar billion-dollar Bitcoin acquisitions by Tether/Bitfinex-backed Twenty One Capital and Anthony Pompliano's newly launched ProCap BTC.
——This isn't just about diversification—— noted a company spokesperson, ——We're integrating blockchain across our operations——. The trend reflects growing institutional confidence, with public companies now holding over 【$68 billion】 in Bitcoin according to BitcoinTreasuries.NET data.
As Bitcoin adoption grows, stablecoins are emerging as crypto's regulatory frontier. The U.S. Senate recently advanced the GENIUS Act while South Korea's central bank pushes banks to issue won-pegged alternatives. ——Yield-bearing stablecoins will disrupt traditional banking—— predicts CoinFund's David Pakman, whose firm just backed an 【$18 million】 DeFi yield platform.
Interestingly, South Korea's approach contrasts with U.S. bank lobby concerns. Deputy Governor Ryoo Sangdai emphasized ——safety nets—— for consumer protection as eight major banks prepare won stablecoin launches. The $239 billion stablecoin market remains 99% dollar-dominated, creating opportunities for currency diversification.
Beyond Bitcoin, Coral Capital executives are raising 【$100 million】 for a BNB-focused treasury through Build & Build Corporation. The planned Nasdaq listing signals maturing crypto investment vehicles, though some analysts question concentrating on a single exchange token.
Remarkably, these developments coincide with Norway's unconventional Bitcoin move. ——Deep-sea mining and crypto might seem unrelated—— observed one industry insider, ——until you consider their shared frontier mentality——.
With CoinFund's Pakman calling yield-bearing stablecoins "inevitable," traditional finance faces mounting pressure. The sector's growth — up 【47%】 year-to-date per RWA.xyz — suggests banks must adapt or risk disintermediation. As regulatory frameworks solidify globally, 2025 may become the year crypto reshaped corporate treasuries and monetary alternatives alike.
——We're witnessing monetary evolution in real time—— concluded a Seoul-based fintech analyst, ——and the institutions leading this change aren't who we expected——.