BTC Weekly: Week 11 (2025)
Key Events from 3/9/2025-3/15/2025
Deutsche Boerse, based in Germany, will launch cryptocurrency custody and settlement services for institutional clients through its Clearstream business starting next month, initially supporting Bitcoin and Ether, with plans to consider other coins later.(Reuters)
Spanish bank BBVA will launch Bitcoin and Ether trading and custody services in Spain for private clients via its mobile app, after receiving approval from the Spanish Securities and Exchange Commission. (Reuters)
The Singapore Exchange (SGX) plans to introduce Bitcoin perpetual futures in the second half of 2025, aimed at institutional and professional investors to enhance market access. (Bloomberg)
The Sunnyvale Public Safety Officers' Association has added Bitcoin to its investment strategy, seeking to achieve consistent growth and secure the enduring financial stability of its union's resources. (@SunnyvalePSOA)
Rumble, video-sharing platform, has made a $17.1 million Bitcoin purchase, adding 188 coins at $91,000 each, as part of its November 2024 treasury strategy to diversify into cryptocurrency. (@rumblevideo)
Summary
This week, cryptocurrency adoption grew across major institutions. In Germany, Deutsche Boerse will launch Bitcoin and Ether custody services for institutional clients. In Spain, BBVA will offer Bitcoin and Ether trading and custody to private clients via its app. In Singapore, the SGX plans to introduce Bitcoin perpetual futures for investors in 2025. Additionally, the Sunnyvale Public Safety Officers' Association added Bitcoin to its investment strategy, and Rumble invested $17.1 million in Bitcoin for its treasury.