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On July 27th, major developments continued in traditional finance and institutional cryptocurrency adoption. Payward purchased the wallet business of Magic Labs, Securitize broadened its compliance services by registering as an SEC investment advisor, and TRON began offering futures contracts through Bitnomial in the U.S.
MoonPay expanded its use of stablecoins through a partnership with Tempo, and AMINA Bank was looking for additional investment. Meanwhile, U.S. exchange-traded funds (ETFs) holding Bitcoin and Ethereum saw some selling pressure one day after experiencing consistent buying. Despite this, both cryptocurrencies still showed overall positive net inflows over the last week.
Payward to acquire Magic Labs’ wallet business
Kraken’s parent company, Payward, has agreed to buy Magic Labs’ wallet technology business. Magic Labs provides the tools that allow companies to easily add cryptocurrency wallets to their apps and services, and their platform currently supports over 60 million wallets. It has also processed more than $10 billion in stablecoin transactions and serves over 200,000 developers.
This acquisition adds built-in, self-custody wallet technology to Payward Services, growing its business platform for crypto trading, asset storage, tokenized investments, and ways to buy and sell crypto. These built-in wallets are increasingly important for financial companies wanting to offer users control of their crypto without the hassle of managing separate wallet apps. This deal makes Payward’s complete financial service offering even stronger and shows a trend of companies combining forces in the crypto infrastructure space.
Securitize becomes SEC-registered investment adviser
As a researcher following Securitize, I’ve learned they’ve received SEC registration for Securitize Capital LLC as an investment adviser. This is a significant step, as it builds on their already regulated platform – they already operate a broker-dealer, transfer agent, and alternative trading system. Essentially, this new registration allows them to better serve institutional investors and asset managers who are creating investment products using blockchain technology.
Tokenized securities are now being used not just for initial sales, but also for managing investments and developing strategies for institutional investors. This new registration allows Securitize to offer another service that meets regulatory requirements, as more traditional investment firms look into using blockchain technology for their products while staying within the rules.
TRON secures U.S. futures listing through Bitnomial
As a crypto investor, I was excited to hear that TRON is getting listed on Bitnomial, a fully regulated US exchange. This means people in the States – both individual traders and bigger institutions – will finally have a safe and legitimate way to trade TRX futures contracts. It’s great news because it opens up TRX to a wider audience while keeping things compliant with regulations, which is always a plus for long-term growth.
More and more traditional investors are gaining access to digital assets like TRON through regulated futures contracts – not just Bitcoin and Ethereum. This new listing helps TRON become better known in established U.S. financial markets and encourages the growth of institutional trading in crypto derivatives.
MoonPay and Tempo expand stablecoin payment infrastructure
MoonPay and Tempo have teamed up to make it easier to use USDC.e and PathUSD. This integration allows users to seamlessly buy crypto with traditional money through MoonPay’s services and virtual accounts. Tempo has also added MoonPay’s technology directly into its platform, letting users quickly and easily convert between dollars and stablecoins. This collaboration improves the payment systems for developers building applications with stablecoins, and it allows MoonPay to offer more than just initial crypto purchases – now including payment processing and settlement services.
AMINA Bank explores strategic funding options
Amina, a Swiss bank specializing in digital assets, is in talks with Cantor Fitzgerald about potential funding to help it grow. While an eventual public listing is possible, the bank’s main focus right now is securing new capital. It won’t be growing through a merger with a digital asset treasury company. This interest from investors shows that regulated digital asset banks are gaining traction as more institutions need secure and compliant services for holding, trading, and lending digital assets. The new funding would allow Amina to expand internationally and offer more services to institutional clients.
Spot Bitcoin and Ethereum ETFs see sharp daily outflows
On July 27th, U.S. Bitcoin ETFs experienced a combined outflow of 3,824 BTC (around $246.7 million), with BlackRock’s IBIT ETF leading the way by losing 3,307 BTC. Ethereum ETFs also saw net outflows totaling 43,284 ETH (approximately $83.2 million), largely due to a decline of 28,369 ETH from BlackRock’s ETHA ETF.
Here’s an update on Bitcoin and Ethereum ETFs as of July 27th:
Bitcoin ETFs saw a net outflow of $246.68 million (3,824 BTC) in the last day, but have seen a net inflow of $16.65 million (253 BTC) over the past week.
Ethereum ETFs experienced a net outflow of $83.23 million (43,284 ETH) in the last day, but a net inflow of $88.82 million (46,190 ETH) over the past week.
— Lookonchain (@lookonchain) July 27, 2026
Even though prices dipped recently, both Bitcoin and Ethereum ETFs still showed gains over the last week.
2026-07-27 22:46