KEYTAKEAWAYS
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DigiAsia adopts Bitcoin reserve strategy, allocating 50% of net profits to BTC purchases while exploring yield generation through institutional lending and staking.
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Jupiter integrates time.fun platform, enabling trading of time tokens through its liquidity aggregation engine to enhance Solana ecosystem functionality.
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SEC postpones Solana ETF decisions, requiring more time to evaluate regulatory classification of SOL as security or commodity before ruling.
CONTENT
DIGIASIA LAUNCHES BITCOIN RESERVE STRATEGY
DigiAsia Corp (Nasdaq: FAAS) announced that its board of directors has approved a Bitcoin (BTC) reserve strategy. Under this plan, the company will allocate 50% of its net profit to purchase BTC.
Additionally, DigiAsia plans to raise up to $100 million to build its BTC reserves and implement a crypto yield strategy.
The company has engaged with regulated partners to explore BTC yield generation and reserve management options, including institutional lending and staking.
Analysis:
DigiAsia operates as a fintech-as-a-service (FaaS) platform under a B2B2X model, focusing on emerging markets such as Southeast Asia, India, and the Middle East.
The BTC reserve strategy is a bold move aimed at diversifying assets and maximizing financial returns through investment and crypto yield mechanisms.
By committing half of its net profit, rather than using existing cash reserves (as MicroStrategy has done), DigiAsia takes a more measured and risk-aware approach.
This strategy allows the company to benefit from the potential long-term appreciation of Bitcoin while retaining capital for operations and growth.
JUPITER INTEGRATES TIME TOKENIZATION PLATFORM TIME.FUN
Jupiter announced on X (Twitter) that it has integrated time.fun, a time tokenization platform that allows users to buy and sell time with creators, influencers, and experts. All tokens from time.fun can now be traded instantly via Jupiter.
Analysis:
The integration enables time.fun tokens to be traded through Jupiter’s liquidity aggregation engine, improving both accessibility and real-time liquidity.
This significantly enhances the user experience for time.fun participants and further strengthens Jupiter’s role as a core infrastructure player within the Solana ecosystem.
U.S. SEC DELAYS DECISION ON SOLANA ETF APPLICATIONS
The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision regarding several spot Solana ETF proposals submitted by 21Shares, Bitwise, VanEck, and Canary Capital.
The agency stated it needs more time to assess the legal and policy implications. The delay does not indicate a likely approval or rejection.
Analysis:
The SEC requires additional time to examine concerns related to market manipulation risks and investor protection for Solana-based ETFs.
A key issue under review is whether Solana (SOL) should be classified as a security (subject to strict regulations under the Securities Exchange Act) or a commodity (like Bitcoin, which is more lightly regulated).
In their filings, VanEck and 21Shares argue that SOL should be considered a commodity, citing its decentralized structure and the Howey Test in an effort to steer clear of securities classification.
