Alan Marshall's company pivoted its treasury strategy from Amazon aggregation to Solana.
1 report, 1 independent
Updated Aug 13
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What happened
Alan Marshall's company pivoted its treasury strategy from Amazon aggregation to Solana.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A company involving BlackRock discussed how its treasury strategy, which includes Bitcoin, is being evaluated in the context of IPO filings with the SEC.Sub-event
Marshall's company shifts treasury focus from Amazon/Bitcoin to Solana for faster growth potential.1 source
Keep exploring
Part of
Capital is rotating from Bitcoin to Solana and Ethereum, driven by institutional interest and anticipation of ETF approvals.Also in this story
- Regulatory delays hinder US spot Ether ETF approval while US interest rates drive Bitcoin as a non-sovereign hedge.
- Institutions are rotating crypto holdings, with Intesa Sanpaolo reducing Bitcoin ETF stakes while increasing Ethereum ETF holdings.
- Armstrong noted that Bitcoin's function is shifting from speculative trading to digital gold, with both assets competing for the utility layer of crypto.
- A Phantom Wallet, used by meme coin traders, is leveraging Solana and Ethereum infrastructure, utilizing Hyperliquid for perpetual futures and tokenized stocks.
The entities involved
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Amazon
American multinational technology company
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Solana
Mexican cottage manufacturer of sporting cars
- Tokenized asset distribution is being enabled using blockchain technology, involving Solana, Ondo, Ethereum, and major companies like Nvidia and Tesla.
- Attackers are exploiting developer platforms and content sites to distribute malware and run phishing campaigns, leveraging GitHub, SourceForge, WordPress, and YouTube.
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Bitcoin
digital cash system and associated currency
Related events
Coverage
Newest first; wire copies grouped- TheStreetFormer Amazon aggregator turns to Solana, records $70K in daily rewards Former Amazon aggregator turns to Solana, records $70K in daily rewards originally appeared on TheStreet. Despite Bitcoin’s tow