distribution

According to CoinDesk, Bitget CEO Gracy Chen told CoinDesk that Bitget is in talks with several large global financial institutions, including BlackRock, to help expand the distribution of digital asset products in Asia. Gracy Chen cited BlackRock, the world's largest asset management company, as an example, stating that it hopes to expand the distribution of tokenized ETFs in Asia and mentioned, "We maintain very close communication with BlackRock regarding distribution in the Asian market."A spokesperson for BlackRock responded that the company's cryptocurrency exchange-traded products (ETPs) have been launched in Asia and confirmed that it regularly collaborates with virtual asset service providers on different projects, but did not comment on specific expansion plans in the Asian market. According to an OECD report, as of June 2025, the trading volume of blockchain cryptocurrency assets in Asia is expected to grow by 69% year-on-year, the highest growth rate among all global regions.BlackRock manages assets totaling $11.6 trillion. At the 2026 Hong Kong Consensus conference, Nicholas Peach, head of BlackRock's Asia-Pacific iShares division, stated that Asian household wealth is approximately $108 trillion, and even if only 1% is allocated to cryptocurrency assets, it could lead to nearly $2 trillion in inflows. Bitget has 125 million registered users globally, with about half located in East Asia and Southeast Asia. Company data from Q1 2026 shows that 52% of users hold both cryptocurrencies and traditional stocks.

According to a research report published by RootData Research, the total trading volume of mainstream cryptocurrency exchanges in the TradFi sector surpassed $1.3 trillion in the first half of 2026, nearly a tenfold increase compared to the entire year of 2025, with TradFi derivatives accounting for over 98%, becoming the core engine driving the explosive growth of the sector.The exchange landscape is shifting from "unipolar concentration" to multipolar competition. Binance, while maintaining a leading position in the TradFi sector with a cumulative share of 68.3%, saw its monthly trading volume share decline from 78.8% at the beginning of the year to 58.2% in August. Meanwhile, second-tier exchanges such as OKX, Gate, and Hyperliquid are rapidly expanding, with market shares of 18.2%, 10.7%, and 9.9% respectively in August.In the core submarket of stock derivatives, entering August, Binance still dominated with an average daily trading volume of $14.927 billion; OKX established an advantage in trading costs with the industry's lowest spread of 0.0091%, achieving a comprehensive score tied for second with Gate. Gate has recently shown independent growth, recording four consecutive months of triple-digit month-on-month growth from May to August, and in mid-August, its ±2% weighted depth ranked first in the industry for 11 consecutive trading days. The competitive logic of the TradFi sector may be shifting from a battle for traffic to a competition across comprehensive dimensions such as position size, market depth, trading costs, and variety coverage.

The Slow Fog security team recently disclosed the discovery of a malicious GitHub repository impersonating the "Qwen 3.8 27B local quantitative model." The repository claims that the model file should exceed 16GB, while the actual downloaded content is only about 487KB, containing disguised files, a LuaJIT interpreter, and obfuscated Lua scripts. Slow Fog emphasizes that the official Qwen project has not been compromised.Slow Fog's analysis indicates that after the malicious program runs, it will collect host information, capture the screen, and send it to the attacker's C2 server; when the hard-coded server fails, it will also read backup C2 addresses from contracts on the Polygon chain, allowing the attacker to rotate infrastructure through on-chain transactions.Subsequent payloads can steal browser login information, cookies, history, email, WinSCP, Steam credentials, as well as files and extension data related to cryptocurrency wallets. Slow Fog also found that at least 23 GitHub repositories and 29 similar compressed packages used the same Lua delivery chain.

According to CoinDesk, the cryptocurrency platform Gemini, founded by the Winklevoss twins, announced that it has signed a letter of intent with Apex Fintech Solutions to distribute regulated crypto prediction market contracts to brokerage clients through Apex's futures commission merchant (FCM). Under the arrangement, the subsidiary Gemini Titan will become the exclusive regulated trading venue for distributing crypto event contracts via Apex FCM, with Gemini responsible for execution and clearing, allowing brokers using Apex to offer related products without having to build their own connections to the prediction market exchange.This collaboration builds on Gemini's efforts to advance regulated prediction market layouts. Gemini Titan received a CFTC-designated contract market license in December 2025, and Gemini Olympus obtained a derivatives clearing organization license in April 2025. The two parties already have a foundation for cooperation, as Gemini launched commission-free stock trading for some U.S. clients in July, with Apex Clearing Corporation serving as the custodian and clearing broker. The company expects to finalize details in the coming weeks.Gemini CEO Tyler Winklevoss stated that he believes prediction is the future of the market. The report also mentioned the overall growth in trading volume in prediction markets, as well as the prediction market-related Command Center AI feature previously launched by Gemini.

According to PR Newswire, Bitmine, the treasury company of Ethereum, announced that its board has approved a cash dividend plan for the A Series perpetual preferred stock BMNP for 17 subsequent distributions within the year, including the record dates, payment dates, and the amount of dividends per share for each period.It is reported that BMNP holders will receive cash dividends according to the terms of the preferred stock, with the distribution period covering from August to December 2026. The amount for each distribution is mostly $0.1847 per share, with some periods at $0.1583, and the final distribution at the end of the year reaching up to $0.2639 per share, with the related dividends to be paid in cash.

HashKey has become the authorized distributor of the Anchorpoint Hong Kong Dollar stablecoin HKDAP, launched beta testing, and completed the first minting and redemption transaction.

According to CoinDesk, Fidelity plans to add ETH staking functionality and a quarterly cash distribution mechanism for its spot Ethereum ETF—Fidelity Ethereum Fund (FETH). FETH currently has a net asset size of approximately $898 million, and under normal circumstances, up to 100% of the held ETH can be staked.According to the arrangement, Fidelity will retain 85% of the staking rewards, with the remaining 15% distributed to the fund sponsors, custodians, and node operators (including Blockdaemon, Figment, and Galaxy). The net staking rewards will be prioritized to cover the fund's operating expenses, with the remaining portion distributed to investors in cash on a quarterly basis. This move is driven by the safe harbor announcement issued by the IRS in November 2025, which allows eligible crypto trusts to stake without losing their grantor trust tax status.

Circle founder and CEO Jeremy Allaire stated during tonight's earnings call: "Our agreement with Coinbase has been renewed under the existing terms, ensuring that USDC continues to play a central role in all of Coinbase's product offerings.At the same time, we look forward to expanding our USDC network through distribution agreements with strategically aligned partners."

Analysts say that Samsung is accelerating its layout of digital asset infrastructure, planning to provide native stablecoin functionality to approximately 800 million Galaxy smartphones through Samsung Wallet, which is expected to become an important distribution channel for stablecoins like USDC. It is reported that Samsung announced at the Galaxy Unpacked 2026 event that it will integrate stablecoin-related features into future devices, including savings and payment accounts linked to fiat currencies. Currently, Samsung Wallet covers 61 countries, with nearly 19 million users in South Korea.Joseph Goh, head of the Asia-Pacific region for crypto investment bank Areta, stated that the core bottleneck for the widespread adoption of stablecoins is not liquidity, but user accessibility. "Distribution channels are the scarce asset, and Samsung has a large number of user entry points." He believes this move could propel Samsung to become a major distributor of stablecoins like USDC. This is not Samsung's first foray into the crypto space. The company launched a digital asset wallet through the Knox security module back in 2019, supporting users in storing assets like Bitcoin and Ethereum, and connecting to Ledger hardware wallets. Additionally, Samsung is strengthening its digital asset infrastructure layout. Samsung SDS CEO Lee Joon-hee previously stated that the company’s investment in Dunamu, the operator of South Korea's largest crypto exchange Upbit, is an important strategic layout for entering the digital asset infrastructure field, including stablecoins and AI payments. In May of this year, Samsung Securities, Samsung SDS, and Samsung Card agreed to acquire approximately 4% of Dunamu, Upbit's parent company, for about $408 million. Analysts believe that Samsung Wallet is responsible for providing user distribution entry points, while infrastructure layouts like Dunamu are responsible for underlying transactions and asset services, suggesting that Samsung may be building a complete ecosystem covering stablecoins, payments, and digital asset services.

The FTX bankruptcy asset management team will initiate the fifth round of creditor fund distribution, expected to distribute approximately $900 million to eligible creditors. So far, the FTX bankruptcy asset management team has distributed nearly $10 billion to creditors.

According to the official announcement, the Gate Direct IPO Phase II project Jersey Mike's (JMKE) has completed the stock allocation and distribution, with a final subscription price of $23 per share. The stocks successfully allocated to interested subscribers have been 100% distributed to users' stock accounts; the USDT and GUSD that were not successfully subscribed have been returned to users' spot accounts. Currently, Jersey Mike's (JMKE) is listed on Gate.

According to the official announcement, Bitget has completed the dividend distribution for 63 US stocks and ETFs, including rMU (Micron Technology), rQQQ (Nasdaq 100 Index ETF), and rTSM (TSMC). Bitget has proportionally settled USDT dividends to users holding the relevant stocks at the snapshot time, with the entire process handled automatically, requiring no action from users. This dividend distribution covers multiple asset categories, including technology, semiconductors, communications, and index ETFs.Users can check the specific details by going to the APP "Assets" - "Financial Records" - "Spot" - "Others" - "Dividends" or on the Web "Asset Overview" - "Spot Orders" - "Fund Flow" - "Others" - "Dividends". The final amount and time of receipt are subject to the actual amount received on the platform and the display on the page.

FTX announced that the fifth round of bankruptcy distributions will begin on July 31, distributing approximately $900 million to eligible creditors. Only claim holders of categories 5A, 5B, 6A, 6B, and category 7 who complete claim verification, KYC verification, tax form submission, and sanctions screening by the deadline of June 16, and successfully onboard with BitGo, Kraken, or Payoneer, are eligible for the distribution. Funds will be credited within one to three business days starting from July 31.Currently, creditors from 45 jurisdictions are excluded due to the lack of available distribution service providers, including China, Russia, Ukraine, Cuba, Iran, and others. FTX stated that the coverage of service providers may change, but even if it opens in the future, payments on July 31 cannot be retroactively applied. FTX warned that creditors who do not successfully complete onboarding within six months from July 31 may lose their right to the distribution for that claim.As of now, the cumulative distribution ratios announced by FTX are 105% for categories 5A and 5B, 103% for categories 6A and 6B, and 120% for category 7, but these percentages are based on the claim amounts approved by the court rather than the current market value.

According to the official announcement from Gate, Gate has completed the cash dividend distribution for 84 U.S. stock targets including Alibaba (BABA), Intuit (INTU), Thermo Fisher Scientific (TMO), and American Tower (AMT), and has proportionally distributed the equivalent amount in USDT to eligible users' spot accounts, with no action required from users.This dividend distribution covers multiple categories including technology and semiconductors, financial services, energy, consumer goods, healthcare, industrial manufacturing, real estate REITs, utilities, materials manufacturing, and strategic ETFs. Users can check the dividend details in the APP under [TradFi] - [Stocks] - [Trading] - [History] - [Funds Flow] or on the Web under [Stocks] - [Funds Flow]. The final amount and timing of the funds received will be based on the actual receipt situation.

Solana Mobile announced the launch of the Seeker Summer Round 1 SKR token distribution event. Eligible participants can now check and claim their allocation through the Seed Vault Wallet.It is reported that this round of SKR distribution is divided into three tiers based on participation level:Level 3 users: 3000 SKRLevel 2 users: 2000 SKRLevel 1 users: 1000 SKRAmong them, some highly active Level 3 participants will also receive additional reward allocations.Users can claim SKR by following these steps: open the Seeker device, enter the Seed Vault Wallet, click on the Activity Tracking page, select "Check Available Allocations," and complete the claim. The official announcement states that the claiming window will last for 30 days.After claiming, users can stake SKR to earn rewards, or they can directly stake it to Guardians in the Seed Vault Wallet, or participate in staking through the SKR Staking web interface.

FTX Recovery Trust and FTX announced that the next round of fund distribution will start on July 31, allocating approximately $900 million to convenience and non-convenience claimants in the restructuring plan. Eligible creditors can receive funds through BitGo, Kraken, or Payoneer accounts within 1 to 3 business days.This round of distribution is the fifth round of repayments to creditors by FTX. According to the FTX restructuring plan, convenience claims under $50,000 will receive 120% repayment, while other claims will receive distributions of 103% to 105%. Since FTX filed for bankruptcy in November 2022, FTX Recovery Trust has distributed approximately $10 billion. Former FTX CEO Sam "SBF" Bankman-Fried was sentenced to 25 years in prison in 2024, and his conviction and sentencing appeal were dismissed last month.

Digital asset management company CoinShares stated that Open USD directly challenges Circle by generating revenue from the distribution of stablecoin reserves to partners, undermining the distribution economic model of USDC.Open USD consists of over 140 companies, including BlackRock, Coinbase, Mastercard, Stripe, and Visa. The stablecoin is expected to launch in the second half of 2026. CoinShares noted that despite the competitive pressure posed by Open USD, the existing liquidity and integration foundation of USDC may be difficult for new entrants to replicate.

Galaxy Digital's research director Alex Thorn stated that a large amount of long-dormant BTC will be reactivated and transferred on-chain during 2024 and 2025, with the scale only second to that of 2017.He pointed out that the current phase of "Great Distribution" brought about by the awakening of old BTC is basically coming to an end, and it is expected that the amount of BTC awakened in 2026 will be less than half of that in 2025.