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Crypto

Anchorage Digital expands Tron TRX staking support for institutions

Anchorage Digital has added staking for Tron\'s native token TRX for institutional clients. Cointelegraph reported that institutions can stake TRX directly through Anchorage\'s custody platform or its self-custody wallet, Porto, without moving assets outside. Clients can keep their existing custody setup, participate in securing the Tron blockchain and receive protocol rewards. Anchorage Digital said the expansion reflects growing institutional demand for the Tron ecosystem.

Crypto

Ark Invest buys another 220,000 shares of Circle, bets more despite slowing USDC activity

Ark Invest, led by Cathie Wood, bought an additional 220,000 shares of Circle Internet Group through three actively managed exchange-traded funds, Cointelegraph reported. The purchase was worth about $13.9 million based on Circle’s NYSE closing price of $63.22. Ark’s total July purchases rose to 725,517 shares. Circle shares are down about 22 percent this year and about 76 percent from post-IPO highs. 10x Research cited slowing USDC activity as a risk.

Crypto

BitMine buys 27,801 more ether, Robinhood Chain impact draws attention

BitMine Immersion Technologies bought an additional $49 million worth of ether over the past week, lifting its total holdings to about 4.8 percent of circulating supply. Decrypt reported BitMine bought 27,801 ether, bringing total holdings to 5,770,038 ether. With ether trading around $1,780, its holdings were valued at about $10.1 billion. Tom Lee cited Robinhood’s Ethereum-based layer 2 network, Robinhood Chain, as a key driver.