The price of the Ondo Finance token increased 12% over the last 24 hours to reach $1.13 on September 12, 2025. The rally follows massive hype, centering on tokenized US stocks and ETFs launched through Ondo Global Markets.

Surge is positioned as a leader in the booming real-world assets (RWA) sector, bringing it into the spotlight when facility partnerships grow and traders surpass their year-end price targets.

24 hours7d1Y

Discover: 9+ Best High Risk, High Reward Crypto Buy in 2025

Ondo Finance: The forefront of real-world assets

Ondo is once again proving his worth with the launch of his global market platform on September 3, 2025. In just nine days, the platform has surpassed $160 million on TVL, adding $30 million over the past 24 hours alone.

This explosive growth has bolstered Ondo as a #1 platform that tokenizes US stocks and ETFs, much slower than competitors like Xstocks ($62 million TVL).

(Source – dune.com)

The global market allows non-US investors to access over 100 US stocks and ETFs, including funds such as Apple, Nvidia, and QQQ.

This removes barriers such as high rates and geographical restrictions, opening the door for investors around the world to directly leverage US financial markets through blockchain technology.

(Source – app.ondo.finance)

Recent developments, such as the partnership between Ondo and Ledger, have made seamless trading and storage of these tokenized assets possible directly within Ledger Live. This move significantly improves the user’s experience while enhancing security through the original LEDGER’s independent hardware solution.

Ondo is also strategically expanding its ecosystem by acquiring companies such as Oasis Pro and launching the Ondo Catalyst Fund at Pantera Capital.

$ ondo With the launch of Ondo Global Markets, today we are making history

Over 100 tokenized stocks and ETFs will be live on Ethereum.

This allows you to rebuild and press RWAS $ ondo Heading towards a new high.

The next thing is pic.twitter.com/hcp5dc1k4e

– Our Cryptotalk (@ourcryptotalk) September 3, 2025

With the integration of BNB chains and Solana planned later this year, Ondo is expanding its scope across major ecosystems. Growing speculations about future revenue sharing dynamics, such as buybacks and burns, evolve it into cash flow generating assets, driving a highly bullish long-term growth narrative.

Discovered: 20+ Next Cryptocurrency Exploding in 2025

ONDO Finance Price Action and the momentum of the bullish crypto market

ondo ▲6.05%The recent surge in 2018 is supported not only by basics, but also by strong technical momentum and overall bullish sentiment in the crypto market as a whole. Over the past 24 hours, Ondo’s trading volume has skyrocketed to $500 million, indicating a flood of new participants entering the market.

(Source – coingecko.com)

Tokens have recently erupted from a downward bullish pattern supported by increased volume and new, fundamentally powerful features.

The next zone is the price mark of $1.10. This has been tested three times before. The more one resistance is tested, the weaker it becomes and eventually it will surge to the next one. That’s about $1.6, and even the $2.5 that traders want.

(Source – tradingView.com)

The overall crypto market also plays a major role in the Ondo Finance push at this price. As Bitcoin continues to maintain positive macroeconomic data on risk assets, it is expected to develop further on ONDO price.

Capital will turn into high-risk, high-reed assets. In particular, in the RWA story, players from agencies like Fidelity and JP Morgan have entered the space through partnerships with Ondo and others.

Emerging markets are also fostering adoption, especially after Ondo was added to Indonesia’s legal cryptography list on September 1st. As Asia leads crypto rates, Ondo can gain some significant liquidity that will raise prices even further.

Overall, the powerful ONDO trends can definitely shoot prices below $2.5 or even make them even higher.

Discovered: Top Solanamime Coins to Buy in 2025

For the latest market updates, please join us in the discrepancy in 99bitcoins news here

Key takeout

Why you can trust 99 Bitcoin?

Over 10 years

Founded in 2013, 99 Bitcoin team members have been experts in crypto since the early days of Bitcoin.

90 hours+

Weekly research

100k+

Monthly Readers

50+

Expert Contributors

2000+

Crypto project reviewed

Follow 99 Bitcoin on Google News Feed

Provide the latest updates, trends and insights directly to your fingertips. Subscribe now!

Subscribe now

The World Federation of Exchanges (WFE) has called on financial regulators to tighten oversight of tokenized stocks, warning that the products could expose investors to hidden risks and undermine trust in traditional markets.

Reuters reported on Aug. 25 that WFE warned that tokenized equities replicate the appearance of stocks without conferring the same rights or protections that shareholders typically receive.

Unlike conventional shares, tokenized versions allow investors to gain synthetic exposure to a company’s performance without holding legal ownership.

The WFE said this marketing approach risks confusing retail investors, who may assume they hold voting or dividend rights when they do not. If these products fail, the group cautioned, the reputational fallout could extend to listed companies, damaging broader market integrity.

The WFE urged regulators to expand securities laws to cover tokenized assets to prevent such outcomes. It recommended clarifying rules around ownership and custody while restricting the promotion of these instruments as “stock equivalents.”

The industry body outlined its concerns about the fast-growing sector in a letter to the US Securities and Exchange Commission, the European Securities and Markets Authority (ESMA), and the International Organization of Securities Commissions (IOSCO).

Tokenized stock rises

The WFE’s intervention comes when tokenized equities are gaining momentum across both crypto-native and mainstream platforms.

Over the past months, prominent crypto trading platforms like Robinhood, Kraken, and Gemini have rolled out tokenized versions of U.S.-traded stocks, offering retail users new ways to gain exposure outside traditional brokerage channels.

That rapid surge in adoption has attracted significant bullish forecasts, with Binance Research estimating that the sector could reach a $1.3 trillion market capitalization if just 1% of global equities moved onto blockchains.

Despite this bullish forecast, tokenized stocks remain a fraction of that potential. Data from RWA.xyz shows the sector holding about $360 million in market capitalization, making it one of the smaller segments of real-world asset tokenization.

Nonetheless, its proponents point to the rising demand from retail and institutional investors as evidence that the market could scale quickly once regulatory clarity arrives.

Mentioned in this article

Author

Hongji Feng

Author

Hongji Feng

About Author

Hongji is a reporter who covers crypto, finance, and tech. He graduated from Northwestern University’s Medill School of Journalism with a Bachelor’s and a Master’s. He has previously interned at HTX,…

Share

Last updated: 

August 24, 2025

The market for tokenized real-world assets (RWA) could expand to $16 trillion by 2030, according to the 2025 Skynet RWA Security Report.

The report said tokenized U.S. Treasuries have already grown rapidly, and are projected to reach $4.2 billion this year, with short-term government bonds accounting for most of the activity.

Institutional Interest in Tokenization

The report noted that traditional financial institutions and blockchain-native firms are driving adoption, using RWA products for both yield opportunities and liquidity management.

Skynet said major banks and asset managers are exploring tokenization as a way to digitize assets ranging from debt instruments to commodities. The report pointed to growing use cases in private credit, trade finance, and money market funds.

“This convergence of traditional finance (TradFi) and decentralized finance (DeFi) presents opportunities for improved efficiency, transparency, and accessibility,” the report stated.

It also noted that platforms in Hong Kong, Singapore, and the United States are setting regulatory frameworks that could accelerate institutional entry.

Challenges for RWA Growth

Despite the growth potential, the report outlined structural hurdles for the sector, including limited secondary market liquidity, varying legal treatment across jurisdictions, and the need for standardized risk controls.

Cybersecurity and smart contract vulnerabilities were also noted, with Skynet stressing that “use of regulated, qualified custodians with robust security infrastructure, such as federally chartered crypto banks or firms licensed by reputable authorities, is a critical factor.”

The report projected that infrastructure investments and regulatory clarity would be required to meet the forecast $16 trillion market size by the end of the decade.

“The powerful combination of reliable real-world yields with blockchain’s native liquidity and composability is drawing in both retail and institutional capital,” the report said.

While the tokenization of real-world assets is gaining traction in capital markets, many retail investors still lack direct access to these products. Bridging this gap may require regulated intermediaries and simplified on-ramps that align with existing investor protections.

Frequently Asked Questions (FAQs)

Crypto analyst KrissPax has made a case for why the Dogecoin price could still reach the psychological $1 level based on the 4-year cycle. Analysts like Kevin Capital have also declared that DOGE’s best move is still ahead. 

Why The Dogecoin Price Can Still Reach $1

In an X post, KrissPax alluded to the 4-year cycle to prove why the Dogecoin price can still reach $1. He stated that meme coin has throughout its history shown patterns that reinforce these cycles of crypto trading. The analyst added that from bear markets to bull runs and blow-off tops, DOGE has repeated these movements, which indicate that a parabolic rally is going to happen this fall. 

Related Reading

In line with this, KrissPax remarked that the Dogecoin price could reach $1 if it follows the white upward sloping resistance, which he highlighted on his accompanying chart. Furthermore, he stated that if DOGE follows the blue arc from 2017, which supports the theory that the gains will be less each cycle with a larger market cap, then it could reach as high as $2 this cycle. 

The Dogecoin price is currently enjoying another uptrend after dropping below the psychological $0.2 level during the last market correction. DOGE is up over 17% in the last seven days and is now looking to reclaim its previous local high of around $0.26. Crypto analyst Ali Martinez has predicted that it would happen soon. 

In an X post, Martinez said that the Dogecoin price is targeting $0.27 as it forms a bullish flag on the hourly chart. Crypto analyst Trader Tardigrade also highlighted a bull flag breakout for DOGE on the 4-hour chart and stated that the meme coin is now targeting $0.295.

Like KrissPax, Trader Tardigrade also indicated that the meme coin could reach the $1 price level at some point. He revealed that the Dogecoin price had confirmed a bullish crossover on the daily chart. The analyst further remarked that a decent surge could occur at this point. His accompanying chart showed that $1 was the target. 

The Best Is Yet To Come For DOGE

In an X post, crypto analyst Kevin Capital indicated that the best is yet to come for the Dogecoin price. He stated that all monthly momentum, strength, and sentiment indicators on DOGE show that investors have not yet seen what the foremost meme coin is capable of. He noted that this is similar to many other altcoins. 

Related Reading

Kevin Capital further remarked that if all stays steady with the macro and the Bitcoin price holds up, then the Dogecoin price’s biggest move is likely still ahead. The Fed is expected to cut rates in September, which is a positive for DOGE, as it could inject more liquidity into the meme coin. 

At the time of writing, the Dogecoin price is trading at around $0.2362, up over 2% in the last 24 hours, according to data from CoinMarketCap.

Featured image from Getty Images, chart from Tradingview.com

This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here.

Earlier this month, Bitcoin won over 170%, from around $45,000 to over $123,000 from its starting monthly price.

Related readings

Based on reports from City, the bank has laid out three scenarios where prices could land by 2025. These range from a minimum of $64,000 to a herd of bulls in a weak market, $199,000, if everything is done right.

ETF Flow will be the central stage with Bitcoin up trends

According to Citi Analysts, the Spot Bitcoin ETF explains more than 40% of recent price fluctuations. Since its debut, US ETFs have won around $54.6 billion worth of Bitcoin.

Its purchasing power helped boost BTC from around $45,000 to $123,000 in just a few months. The bank’s basic incident expects an additional $15 billion inflow of ETFs this year. At the ratio they modeled (the price of $4 per dollar for flow), we add about $63,000 to the value of Bitcoin.

bitcoin Bitcoin could surge to $199K by the end of the year, City says

Citigroup has released a new forecast to project Bitcoin by the end of 2025 in its base case scenario. The bullish case estimates a potential rise of $199,000, but the bearish outlook is… pic.twitter.com/3kp1o8ogsn

– The Tradesman (@the_tradesman1) July 26, 2025

User growth drives network effects

Based on trading desks and on-chain metric figures, Citi expects an active Bitcoin user to rise by 20% over the next year. Adoption jumps will support a price intensity of around $75,000 on its own.

The idea is simple. This means that more users have more hands trading with Bitcoin. That activity tends to cause prices to suddenly drop. Still, such predictions rest on the assumption that new users will stick around, rather than flipping the coin, instead of getting quick profits.

Macroeconomic factors reduce forecasts slightly

Citi’s model cuts the price to around $3,200, taking into account the decline in stock and gold performance. This adjustment reflects the view that Bitcoin will not be completely separated from the broader risky assets when stocks and metals markets struggle.

At the same time, the growing regulatory approval and the deeper link between crypto and traditional finance should provide some support.

ETF demand could raise Bitcoin by $63,000

In the base case scenario, Citi adds $63,000 from the ETF flow to $75,000 from the user growth and subtracts $3,200 due to macro headwinds.

That mathematics lands a price of around $135,000 in 2025. That figure is above the recent $123,000 peak, exceeding $12,000. City suggests that, at least in the basic case, it is not a runaway rally, but is seeing more rise.

Related readings

A $199,000 bull case remains on the table

If ETFs go well beyond $15 billion and user growth exceeds 20%, Bitcoin could rise to $199,000 under City’s bull case.

Conversely, if the macro conditions are suddenly sour, it can drop to $64,000. Globally, the ETF currently holds around 1.48 million btc, worth more than $170 billion. This is 7% of the total supply.

That level of institutional support is unprecedented. It shifts the fate of Bitcoin towards the big money stream rather than pure retail hype.

Pexels featured images, TradingView charts

Bitcoin reaching a $1 million valuation, once a fringe projection, has gained analytical grounding across financial models tied to supply shocks, institutional adoption, and long-term capital migration.

While that price remains far from guaranteed, recent analyses have raised the probability of a seven-figure print within the next decade, anchored around the post-2028 halving window and contingent on macroeconomic alignment.

The next halving, expected around April 2028 at block 1,050,000, will cut Bitcoin’s emission rate to 1.5625 BTC per block. Historically, each halving has preceded a cycle peak by roughly 12 to 18 months, placing the likely upside window between April 2029 and October 2029.

While such supply reductions alone do not dictate price, they historically provide a backdrop for reflexive demand behavior. That timing also places the next parabolic phase in line with key institutional forecasts.

TradFi analyst and Bitcoin convert, Fred Krueger, recently shared a post exploring AI predictions across the most powerful LLM models. The dates ranged from 2029 to 2033 but provided little context as to why or how the price would be obtained.

“If you had to guess an exact date of when Bitcoin will first reach $1 million, when would it be? You have to give one date.”

ChatGPT: October 26, 2029
Claude: March 15, 2032
Grok4: July 23, 2030
Grok3: December 15, 2032
Gemini: December 31, 2033

Modeling Bitcoin’s rise to $1 million

Per ARK Invest’s Big Ideas 2025 report, base-case modeling suggests Bitcoin could reach $710,000 by 2030, with a bull scenario targeting $1.5 million. These projections assume global BTC ownership remains under 3% of liquid net worth, stressing how incremental institutional and sovereign adoption could drive price multiples without requiring mass retail participation. In that framing, a $1 million mark becomes a midpoint scenario rather than an outlier.

Other approaches introduce caution. A quantile-based statistical model published in January 2025 assigns only a 5% probability to Bitcoin hitting $1 million before 2034, placing more weight on a slower trajectory. Its baseline projection sees $300,000 in 2029, aligning with past compounding but discounting reflexive accelerants. This divergence reflects the enduring uncertainty around exponential asset returns in maturing markets.

Still, reflexive narratives continue to shape trader behavior. Figures like Samson Mow, known for advocating a $1 million price tag next cycle, have kept that target alive in public discourse, reinforcing psychological milestones around round numbers. While such narratives lack fundamental backing, they create synchrony in behavior during bull phases, amplifying moves that might otherwise have remained muted.

Macro variables remain a wildcard. Real-rate regimes, regulatory stances, and yield alternatives introduce both headwinds and catalysts. Bitcoin has previously appreciated tenfold even under tightening conditions, but prolonged high-yield environments or aggressive legal restrictions could delay parabolic phases or mute cycles altogether.

So, when do we get a $1 million Bitcoin?

Synthesizing across models and timing analyses, the most defensible window for a potential $1 million print spans mid-2029 to mid-2030.

One illustrative marker, October 31, 2029, the 21st anniversary of Bitcoin’s white paper, sits 18 months post-halving and within ARK’s trajectory, offering symbolic and statistical convergence. While the chance of hitting that exact day is minimal (estimated at 0.3%), the date provides a narrative anchor for the current cycle thesis.

The long-term probability of Bitcoin ever reaching $1 million sits near 60% based on CryptoSlate modeling, reflecting a more-likely-than-not outcome if halving forces, institutional adoption, and macro tailwinds converge. Hitting that level before 2030, however, has a more modest likelihood, closer to 25%, assuming no major setbacks in market structure or external shocks.

Conversely, delay risks remain non-trivial. Regulatory shifts, technical vulnerabilities, or prolonged economic stagnation could suppress upside or permanently limit Bitcoin’s role as a global store of value. On the other hand, accelerated ETF inflows, sovereign reserve adoption, or fiat credibility crises could compress the timeline into the 2027–2028 range.

While the path remains highly contingent, the framing has matured. Yet, historically conservative in making Bitcoin projections, TradFi estimates now average out to a Bitcoin price of around $917,000 next cycle.

Once viewed as extreme speculation, the $1 million target now occupies a structured place in forward-looking financial modeling, underlining how long-term positioning in digital assets is increasingly governed by probabilistic analysis rather than pure sentiment.

For reference, at $1 million per BTC, Bitcoin would have a market cap around $20 trillion. According to Companiesmarketcap, the current market cap of gold is $23 trillion, Bitcoin is $2.3 trillion, Silver is $2.2 trillion, and the world’s largest company is $4 trillion, with a total global market cap of $126 trillion.

Mentioned in this article

Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

Share

Last updated: 

July 11, 2025

XRP has surged 8% to $2.58 in a decisive breakout move that broke through key resistance levels near $3.00, marking its strongest rally since the broad cryptocurrency market began its parabolic highs.

The surge comes as Bitcoin reaches new all-time highs above $118,400 and Ethereum breaks through $3,000 for the first time in 2025, creating perfect storm conditions for XRP’s long-awaited explosion.

XRP Breakout Lays Foundation For a Favorable Rally

The breakout occurred at 21:00 on July 10, with XRP jumping from $2.50 to $2.56 on a massive volume of 219.30 million, representing an increase of 168% above the 24-hour average of 81.85 million.

Fresh support formed at $2.53 with consolidation above $2.54 confirming trend continuation.

This breakout came at a time when whale wallets holding over 1 million XRP now account for 47.32 billion tokens.

Additionally, market sentiment around XRP improved following Ripple’s RLUSD stablecoin surpassing $500 million in market capitalization earlier this week.

Traders are increasingly pricing in favorable regulatory outcomes for Ripple in the U.S. and Asia-Pacific jurisdictions, with optimism fueled by elevated whale activity, which is drawing renewed institutional participation.

Analysts believe XRP could hit new all-time highs if it maintains prices above $2.34, with initial targets around $2.65 before potentially reaching the $4-6 range.

They further argued that XRP can move independently from broader altcoin trends, reacting either less or more strongly to overall market movements based on its unique fundamentals.

Historical Rally Patterns Signal Explosive Potential

XRP’s historical performance during bull markets reveals extraordinary potential for parabolic moves, with previous rallies generating returns ranging from 400% to 60,000%.

The 2017 spring rally saw XRP surge from $0.006 to $0.37, representing a 60x gain in just two months, followed by the legendary 2017-2018 rally from $0.23 to $3.84, delivering 16x gains in a matter of weeks.

The total gain from early 2017 to the peak reached an extraordinary 800 times.

The 2020-2021 rally delivered nearly 10x gains from $0.20 to $1.96, while the 2023-2024 Q4 rally generated 4x returns, climbing from $0.56 to $2.20 in two months.

The current 2025 performance shows XRP trading between $1.80 and $3.29, with the asset remaining approximately 40% below its all-time high of $3.84, set in January 2018.

Historically, XRP has been one of the most explosive performers during crypto bull markets, followed by sharp corrections and extended periods of consolidation.

Moreover, several XRP ETF applications remain under review by the SEC, providing additional positive signals for potential growth.

Technical Analysis Confirms Bullish Breakout Structure

XRP broke out of a descending wedge pattern above $2.30, representing a bullish continuation signal confirmed by massive volume of 219.30 million during the breakout phase.

The technical structure establishes fresh support at $2.53, with validation above $2.54 affirming the continuation of the uptrend toward the $2.70-$2.90 resistance zones.

Weekly chart analysis reveals that XRP is breaking out of a massive, multi-year consolidation pattern that has been building since the 2018 peak, around $3.30.

The ascending triangular formations across multiple cycles establish higher lows at progressively elevated levels, with Fibonacci extension targets suggesting $9.631 as the next major objective.

Furthermore, Elliott Wave analysis suggests that XRP has completed a complex WXY correction and is now initiating a new five-wave impulse sequence.

The current structure suggests that wave 1 concluded around recent highs, with XRP now in a wave 2 corrective pullback before the more powerful wave 3 phase begins.

The $3.8 target represents approximately 50% upside and would coincide with breaking above the previous 2018 cycle high.

Critical support sits at $1.80, with analysis invalidation below this level; however, current momentum favors continued appreciation.

Based on technical patterns and historical rally comparisons, XRP appears to be positioned for continued appreciation, initially targeting $3.8, with the potential for an extension to the $4-6 range if institutional adoption accelerates.

Long-term projections toward $9.631 remain viable if XRP maintains current momentum and successfully holds breakout levels.

We are excited to work with our partners at XStocks to announce our strategic partnership with BNB Chain, one of the world’s leading blockchain ecosystems. Through this partnership, BNB Chain will join the rapidly growing Xstocks Alliance, further accelerating on-chain access to US stocks tokenized for users around the world.

Over the next few weeks, we will allow Xstocks to be deposited and withdrawn from the platform by eligible clients via the BNB chain.

As part of the collaboration, Backed will deploy XStocks (the industry standard for tokenized stocks) as BEP-20 tokens in the BNB chain, providing users with seamless access to the tokenized representation of US list stocks and ETFs.

This includes assets such as AAPLX, TSLAX, SPYX, NVDAX. By expanding to the BNB chain, Xstocks will continue its mission to meet users where they are.

The BNB chain was selected for the alliance because of its high performance, low transaction fees and status as one of the largest blockchain ecosystems due to its on-chain activity. With around $10 billion in TVL and one of the most active Web3 user communities, it provides a strong foundation for tokenized asset recruitment.

Along with the backed BNB chain, we remain committed to democratizing our investments by enabling exposure to the US market 24/7 at any time around the world.

Arjun Sethi, Kraken Co-Ceo“The response to XStocks has become increasingly clear. The future of capital markets is chain-neutral, configurable and designed by multi-chine.”

“By expanding into the BNB chain, we reinforce our core belief that tokenized stocks are not just a digital wrapper of traditional assets, but also a fundamental upgrade to the financial system itself. These devices act as programmable settlement primitives and act as a combination of atomic payments, real-time global transferability, on-chain lending, derivatives and structured products.”

“In a world that will inevitably become multichine, it is important that assets such as stocks can move fluidly across ecosystems, protocols and liquidity layers without being gated by jurisdictions or legacy custody rails. Capital has always been the beginning of the stock market, which is not permitted, transparent and built for the Internet.”

Backed co-founder Adam Levy“XStocks is built as a neutral, public asset class, and expansion into the BNB chain is an important step to make them the standard for tokenized stocks. Our goal is to bring traditional funds to the blockchain rail by not only improving access, but enabling true complexity. Liquidity, it is a natural partner to advance that vision.”

Sarah S, head of business development at BNB chain, said“Tokenization of real-world assets in the BNB chain is a meaningful step towards making global finance more accessible and transparent. Our collaboration with Kraken and Bucked reflects our commitment to chain BNB chain’s high quality financial products and linking traditional markets with distributed finance for users around the world.”

The addition of the BNB chain marks another important milestone for XStocks, expanding the alliance into one of the world’s largest and most active blockchain ecosystems. Recently, Kraken launched more than 60 tokenized US stocks for users in 185 countries, which were backed up as Solana’s SPL-Tokens. This strategic partnership marks the next stage in mainstream tokenized stocks that solidify the lead role of XStocks at the forefront of this rapidly evolving digital asset situation.

The CEO of Bitcoin hoarder Metaplanet says the company is looking to accumulate so much BTC that it will become impossible for others to catch up in the future.

Speaking to the Financial Times, Simon Gerovich says the firm is taking advantage of Bitcoin’s “gold rush” moment by plotting a long-term strategy to build one of the world’s largest BTC treasuries before pivoting into other investment opportunities.

Says Gerovich,

“We think of it as a Bitcoin gold rush… We need to accumulate as much bitcoin as we can to get to a point where we’ve reached escape velocity, and it just makes it very difficult for others to catch up.

Then we have phase two, when Bitcoin, like securities or government bonds, can be deposited with banks and then they’ll provide very attractive financing against that asset. We’ll get cash that we can use to buy profitable businesses, cash-flowing businesses.”

Metaplanet previously announced that its goal was to own at least 210,000 BTC by the end of 2027.

The company’s BTC holdings recently surpassed Coinbase, the largest crypto exchange in the world, which has been in operation since Bitcoin was below $30.

According to BitcoinTreasuries.net, Metaplanet holds 15,555 BTC, making it the fifth-biggest Bitcoin treasury in the world. Hitting the 210,000 mark would make it the second biggest in the world, just behind Michael Saylor’s Strategy.

Gerovich says the company is still in the “really, really early” stages of its plan, which he says could transition to a strategy that uses Bitcoin as collateral to borrow and buy cash-flowing assets like profitable businesses.

“Four to six years is probably phase one in this Bitcoin accumulation phase, and then beyond that it becomes incrementally more difficult.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney