Morning Briefing | MetaMask to add tokenization capabilities for US stocks, ETFs, and commodities via Ondo; Trump unaware of $500 million investment in Abu Dhabi Wi-Fi.

Kraken's parent company reported adjusted revenue of $2.2 billion in 2025, a 33% year-over-year increase.

ChainCatcher reports that, according to CoinDesk, Payward, the parent company of cryptocurrency exchange Kraken, released its 2025 results, showing adjusted revenue of $2.2 billion, a 33% year-over-year increase. Trading revenue accounted for 47% of total revenue, with the remainder coming from non-trading businesses such as custody, payments, and financing.

Payward reported that by the end of the year, its trading volume had grown by 34% to $2 trillion; total assets on the platform reached $48.5 billion, a 12% increase; and the number of funded customer accounts grew by 50% to 5.7 million.

Russia's largest stock exchange plans to launch futures contracts for SOL, XRP, and TRX price indices.

MetaMask will add tokenization capabilities for US stocks, ETFs, and commodities through the Ondo platform.

According to ChainCatcher, citing Cointelegraph, starting Tuesday, eligible MetaMask users outside the United States will be able to access 200 tokenized U.S. stocks, ETFs, and commodities, such as gold and silver, via the Ethereum network.

This service allows users to acquire tokenized assets by exchanging Circle's USDC via MetaMask Swaps, converting stablecoins into Ondo Global Markets (GM) tokens, which are designed to track the value of their underlying assets at a 1:1 ratio.

JPMorgan report: Family offices favor AI investments, 89% have no involvement in cryptocurrencies.

According to ChainCatcher, citing Cointelegraph, JPMorgan Private Bank's latest "2026 Global Family Office Report" shows that artificial intelligence has become the dominant investment theme for the world's largest family offices, while cryptocurrencies continue to attract limited attention. The report surveyed 333 single-family offices from 30 countries, revealing that 65% of respondents listed AI-related investments as a current or future priority, while only 17% considered cryptocurrencies a key investment theme.

Data shows that 89% of family offices currently have no exposure to cryptocurrencies, with the global average crypto asset allocation at only 0.4%, and Bitcoin exposure even lower, averaging just 0.2%. In contrast, 37% of respondents plan to increase their allocation to private equity in the next 12 to 18 months. Notably, interest in cryptocurrencies is growing among family offices in Asia, with some institutions targeting an allocation of 5%.

Yi Lihua: ETH target price above $10,000, optimistic about a new bull market.

According to ChainCatcher, Yi Lihua posted on the X platform that as a bull in this cycle, he remains optimistic about the performance of the new bull market, predicting that ETH will reach more than $10,000 and BTC will exceed $200,000.

Yi Lihua stated that recent adjustments to some positions were merely for risk control, and his expectation for a future bull market remains unchanged. Regarding the liquidity shortage and platform manipulation issues caused by the 1011 incident, Yi Lihua believes the long-term trend of cryptocurrencies remains unchanged. Based on investment returns over the next three years, the current period is a good time to buy. Although volatility may cause investors to exit the market, a larger rebound is often followed.

Arbitrum Governance's official X account has been hacked.

Galaxy Digital reported a net loss of $241 million in 2025, while its data center business expanded to 1.6 gigawatts.

According to ChainCatcher, Galaxy Digital Inc. (NASDAQ/TSX: GLXY) today released its fourth quarter and full-year 2025 financial results. The company reported a net loss of $241 million, or -$0.61 per share, primarily due to declining digital asset prices and approximately $160 million in one-time costs. Despite this, the company's adjusted gross profit for the full year was $426 million, and adjusted EBITDA was $34 million.

As of the end of 2025, Galaxy's total equity outstanding reached $3 billion, with $2.6 billion in cash and stablecoin holdings. The company successfully completed its restructuring and listed on Nasdaq in 2025, while its Global Markets business achieved record trading volume and advisory fee revenue. The asset management platform had total assets of $12 billion, with net inflows of $2 billion throughout the year.

In its data center business, Galaxy signed an 800 MW long-term agreement with CoreWeave and received ERCOT approval to expand the total power capacity of its Helios data centers to 1.6 GW, with the first data hall expected to be delivered in the first quarter of 2026. The company also strengthened its financial position through a $325 million equity financing and a $1.3 billion note issuance.

Binance: Withdrawal issue has been identified and fixed.

According to ChainCatcher, Binance stated on its X platform that the withdrawal issue has been identified and resolved. Withdrawal services have now resumed and are being processed.

According to previous reports from ChainCatcher, Binance experienced a technical glitch in its withdrawal process and is currently undergoing emergency repairs.

Vitalik Buterin proposes a new creator token scheme, but experts question its viability, suggesting that DAO governance issues could render the plan ineffective.

According to ChainCatcher, Ethereum co-founder Vitalik Buterin recently proposed a creator token reform plan, arguing that the current problem lies not in incentivizing content creation, but in selecting high-quality content. He suggests that a curated DAO should decide which creators are important, with the token primarily serving as a prediction tool, allowing people to bet on which creators the DAO will select. Ultimately, the rise and fall of creators will not be determined by speculators, but by high-value content creators.

Experts hold differing opinions. Oxytocin, head of the Umia ecosystem, pointed out that while the scheme introduces some welfare creation through prediction markets, it still lacks a proper off-chain enforcement mechanism, failing to ensure long-term consistency among creators. Marcin Kazmierczak, co-founder of RedStone, believes that prediction markets not only create speculation but also informed discovery, incentivizing people to focus on quality rather than chasing attention metrics. Superset CEO Neil Staunton is skeptical, questioning whether a DAO can serve as an arbiter of creative quality and whether creative works should be tokenized at all.

Strategy: By 2025, it had raised a total of $7.4 billion through digital lending, with $413 million already disbursed.

According to ChainCatcher, Strategy announced today that, for U.S. federal income tax purposes, 100% of the distributions made by the company to its preferred stock instruments during fiscal year 2025 will be recognized as tax-exempt capital returns, provided they do not exceed the tax base of the corresponding preferred stock instruments.

In 2025, Strategy completed five initial public offerings (IPOs) of perpetual preferred stock securities (“Digital Lending”), raising a total of $5.5 billion. Subsequently, the company raised an additional $1.9 billion for its Digital Lending instruments through its ATM (Offer-to-Market) program. To date, Strategy has paid out $413 million in distributions on these instruments, representing a weighted annualized dividend yield of approximately 9.6%.

Strategy stated that, for U.S. federal income tax purposes, the company currently has no accumulated retained earnings and does not expect to generate current E&P in the current year or for the foreseeable future. Based on the above assessment, Strategy anticipates that distributions from its preferred stock instruments will remain as capital returns for the foreseeable future (i.e., 10 years or more).

CZ responds to FUD: Binance has not sold $1 billion worth of Bitcoin; the SAFU fund will gradually buy Bitcoin over the next 30 days.

ChainCatcher reports that CZ responded by saying that he had seen some rather imaginative FUD (Fear, Uncertainty, and Uncertainty) statements over the past two days, and clarified them one by one:

Regarding a screenshot circulating on Polymarket that asks "Will someone throw something at CZ's face at a crypto event in 2026?", CZ stated that the event did not occur on Polymarket or any prediction market, and there was no such thing as a $7 million trading volume; the screenshot is fake.

Regarding the claim that "CZ has canceled the supercycle," CZ stated that this is an overinterpretation. He only said that he is "not as confident as before."

Regarding the rumor that "Binance sold $1 billion worth of Bitcoin," CZ clarified that it was Binance users who sold the Bitcoin, not Binance itself. Changes in Binance wallet balances typically only occur when users withdraw funds; many users retain their assets in Binance as their wallet after a transaction.

Furthermore, regarding the question of why the SAFU fund hasn't been seen buying BTC, CZ stated that Binance explicitly mentioned completing the conversion within 30 days. It's speculated that Binance's initial plan might have been to gradually complete the purchases within those 30 days, and then, near the end of the 30 days, transfer the funds to the corresponding addresses, either weekly or sequentially. It's impossible to see them buying through a DEX. Considering Bitcoin's market capitalization of approximately $1.7 trillion, whether buying $1 billion in batches over 30 days will boost market confidence is left for the market to judge.

Trump stated that he was unaware of Abu Dhabi's $500 million investment in World Liberty Financial.

According to ChainCatcher, citing Watcher.Guru, President Trump stated that he was unaware of Abu Dhabi's $500 million investment in World Liberty Financial, adding that "his sons are handling this and will be getting investments from other people."

According to previous reports from ChainCatcher, members of the UAE royal family secretly acquired a 49% stake in Trump's World Liberty Financial for $500 million.

Hong Hao: Silver's bottom may be between $75 and $80 per ounce, and gold's bottom may be below $5,000 per ounce.

Tom Lee: Crypto may be bottoming out, and the sell-off is gradually losing momentum.

According to ChainCatcher, Tom Lee stated in an interview with CNBC's "Squawk Box" on Monday that the sell-off in the crypto market may be gradually losing momentum. "All the conditions are in place, and cryptocurrencies may be bottoming out right now," Lee said, adding that he believes the fundamentals of the crypto industry remain strong, particularly highlighting the increasingly active Ethereum network. "If that's the case, crypto asset prices should subsequently rebound," Lee said.

As of press time, Ethereum has rebounded more than 10% from its earlier low of $2,157 today, and is currently priced at $2,383.

Argentine crypto scam suspect arrested while fleeing with $56 million in Bitcoin.

ChainCatcher reports that Venezuelan police have arrested Rosa María González, a suspect in the Generación Zoe scam, in San Cristóbal. The scam resulted in investors losing at least $120 million. Leonardo Cositorto, head of Generación Zoe, previously stated that Rosa María González absconded with 611 bitcoins, worth approximately $56 million at the time, after the project collapsed.

Investigations reveal that Generación Zoe's scheme, which attracted investors with promises of returns as high as 7.5%, was a Ponzi scheme. Rosa María González claimed her trading algorithm possessed quantum-safe properties and offered monthly returns of up to 70%. While on the run, she is suspected of orchestrating a new fraudulent project, promising a 5% monthly return on investments starting at $1,000. Currently, strained diplomatic relations between Argentina and Venezuela make the extradition process difficult.

GameStop CEO Hints at Possibly Selling Bitcoin to Fund Major Acquisition Plans

According to ChainCatcher, GameStop transferred all 4,710 of its bitcoins to Coinbase Prime in January, sparking speculation about a potential sell-off. The company had previously built a bitcoin holding of approximately $500 million, which has now been reduced to about $362.4 million. CEO Ryan Cohen stated in an interview with CNBC on Friday that the company is shifting towards a transformative acquisition strategy, calling it more attractive than bitcoin itself.

Cohen declined to disclose whether he would monetize the acquisition with Bitcoin, but emphasized that the acquisition plan would be transformative not only for GameStop but also for the entire capital market. Following the announcement, GameStop's stock price rose approximately 8.25% to $25.85.