.png){kind=logo}
IBM launches Digital Asset Haven for Bitcoin custody and tokenized payments, targeting the $10 trillion tokenization economy.
ETHZilla sells $40 million in ETH to finance a $250 million share-buyback program, while Metaplanet locks a $500 million BTC-backed loan.
Bitcoin ETFs record $149 million inflows; Grayscale introduces a Solana staking trust, deepening institutional exposure to DeFi.
The crypto market witnessed major developments today, highlighting the trend of gradual adoption. From IBM’s entry into crypto to the introduction of Grayscale’s Solana trust, the sector is seeing large corporates and investment houses increase their blockchain presence while crypto treasuries continue reshaping capital strategies.
The tech giant IBM officially launched Digital Asset Haven, its first dedicated platform for Bitcoin custody, payments, and settlement services, on October 27, 2025.
The product is targeting US institutions, corporates, and government entities, and it aims to offer secure digital asset operations through IBM’s existing infrastructure.
The system, designed in collaboration with the wallet-security firm Dfns, will be available by Q4 2025 as a SaaS solution on IBM LinuxONE and Z systems.
The platform promises enterprise-grade compliance and cryptographic protection, a growing need as tokenization markets are projected to exceed $10 trillion by 2030.
According to SoSoValue data, Bitcoin spot ETFs recorded a $149.3 million net inflow on October 27, registering a third consecutive day of positive flows.
The largest inflow came from ARK Invest and 21Shares’ ARKB ETF with $76.4 million, taking its cumulative inflows to $2.19 billion.
BlackRock’s IBIT ETF followed with $65.27 million, lifting its lifetime inflows to an impressive $65.37 billion.
Collectively, Bitcoin spot ETFs now manage $155.89 billion in assets, equal to 6.83% of Bitcoin’s total market capitalization.
Also Read: How Bitcoin Options Open Interest Can Boost Crypto Payroll Integration?
Ethereum treasury firm ETHZilla sold approximately $40 million worth of ETH from its reserves to finance a share-buyback program, purchasing roughly 600,000 shares for $12 million.
The Nasdaq-listed company stated the move is designed to narrow the discount between its stock price and net asset value (NAV) by reducing the total share float.
CEO McAndrew Rudisill emphasized that repurchasing at a discount to NAV increases per-share asset value while discouraging share lending.
ETHZilla’s shares surged 14.5% on Monday to $20.65, and climbed another 14% after hours. The company still holds around $400 million in ETH and continues its $250 million repurchase plan approved in August, scheduled through June 2026.
Also Read: Is Ethereum Breakout Above $3,800 Genuine or a Bull Trap?
Japan's Metaplanet Inc. expanded its weight as a corporate Bitcoin holder by securing a ¥75 billion ($500 million) BTC-backed credit facility to enhance capital efficiency and support buyback initiatives.
The borrowing facility enables the organization to pledge its Bitcoin assets as collateral for loans, just as the US Treasury adopter, MicroStrategy, does.
Following the announcement, Metaplanet’s stock rose 2.25% to JPY 499, though analysts cautioned that Bitcoin price volatility could affect collateral ratios and liquidity conditions if markets turn lower.
Grayscale Investments introduced the Grayscale Solana Trust (GSOL), now the largest publicly traded Solana fund in the US. The trust integrates staking capabilities, enabling investors to earn network rewards directly through regulated brokerage accounts.
CEO Peter Mintzberg said Grayscale aims to “bring first-mover innovation” by merging staking yield with traditional investment access.
The fund’s debut follows surging institutional interest in Solana, whose market capitalization has surpassed $110 billion. Despite short-term price fluctuations, SOL trades above $200, marginally up by 0.42% in the last 24 hours.
Health-tech firm Prenetics Global raised $48 million in an oversubscribed equity round to strengthen its Bitcoin-treasury strategy and scale its wellness brand IM8, co-founded with football star David Beckham.
Investors included Kraken, Exodus, GPTX by Jihan Wu, DL Holdings, and American Ventures, along with athlete Aryna Sabalenka and Hong Kong billionaire Adrian Cheng.
Prenetics’ goal is to reach $1 billion in annual revenue and $1 billion in Bitcoin holdings within five years, said CEO Danny Yeung.
Its treasury now holds 275 BTC ($31 million) with total liquidity near $131 million following the raise.
1. What is IBM’s Digital Asset Haven?
It’s IBM’s new SaaS custody and settlement platform for institutions, offering secure Bitcoin and tokenized-asset management, targeting a $10 trillion market.
2. Why did ETHZilla sell $40 million in Ethereum?
To fund a $250 million buyback initiative aimed at closing its NAV discount and enhancing per-share asset value.
3. How does Metaplanet’s $500 million BTC credit line work?
The firm can borrow against its Bitcoin holdings to boost liquidity and fund buybacks without issuing new equity.
4. How much did Bitcoin ETFs attract this week?
They saw $149.3 million in net inflows, marking a third straight day of institutional accumulation.
5. What other major developments occurred today?
Grayscale launched the first US Solana trust with staking access, and Prenetics raised $48 million to grow its Bitcoin treasury strategy.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
