Galaxy Digital
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CLARITY Act’s odds slide to 10% as Trump hosts Coinbase, Ripple and Wall Street exchanges
The odds of the Digital Asset Market Clarity Act being signed into law have significantly decreased, with predictions now as low as 10%. This comes as President Donald Trump is set to host executives from major crypto exchanges like Coinbase and Ripple, alongside traditional Wall Street players and regulators, for a meeting on August 19th. The bill faces challenges due to disagreements over ethics, restrictions on government officials, and stablecoin rewards, with limited time remaining in the legislative calendar.
Israel’s Bank Leumi Plans 2027 Crypto Trading Launch — Powered Behind the Scenes by Galaxy
Bank Leumi, Israel's largest bank, plans to launch cryptocurrency trading for its customers in early 2027, allowing them to buy, hold, and sell Bitcoin, Ether, and Solana. The bank will leverage Galaxy Digital's infrastructure for execution and custody, while maintaining its own customer interface and relationship. This move positions Bank Leumi as the first Israeli bank to offer such services, aiming to provide a regulated banking front end for crypto access.
Wall Street’s staking pipeline narrows: BNY and BlackRock both lean on Galaxy
Major financial institutions like BNY Mellon and BlackRock are increasingly relying on a narrow set of infrastructure providers, such as Galaxy Digital, for institutional cryptocurrency staking services. This concentration, particularly for Ethereum and Solana, raises concerns about potential operational risks and coordinated policy influence, despite the separation of private keys and validator functions.
Five Public Companies Now Hold the Largest Corporate Solana Stashes
Several publicly traded companies are significantly increasing their holdings of Solana (SOL), with some now possessing over $1 billion in the cryptocurrency. Forward Industries leads this trend with over 7 million SOL tokens, indicating a broader corporate shift towards diversifying digital asset treasuries beyond Bitcoin and Ethereum.
