Digital assets are gaining ground in corporate finance strategies, as more publicly traded companies embrace cryptocurrencies for treasury diversification.
The latest example comes from Nasdaq-listed Aurora Mobile, which has greenlit crypto allocations as part of its long-term asset management plan.
The Shenzhen-based company announced it will allocate up to 20% of its cash and equivalents — across both itself and its subsidiaries — into a mix of digital assets. Its initial focus includes Bitcoin, Ethereum, Solana, and SUI, with room to expand into other tokens.
The company said the move is designed to enhance portfolio diversification while gaining exposure to a sector that operates independently of traditional markets. Chairman Weidong Luo highlighted the decision as a step toward embracing financial innovation and staying aligned with the evolution of global digital finance.
Meanwhile, another Chinese firm, Nano Labs, revealed it has signed a $500 million convertible note deal to acquire Binance Coin (BNB), continuing the trend of companies integrating crypto into their capital strategies.
With institutional interest in digital assets intensifying, more firms in Asia appear to be shifting from observation to action — using crypto not just as a speculative bet, but as a strategic asset for treasury growth.
Ripple has been dealt another legal blow after a federal judge rejected its attempt to ease court-imposed restrictions and penalties stemming from its long-standing battle with the U.S. Securities and Exchange Commission (SEC).
Stablecoins are failing where it matters most, says the Bank for International Settlements (BIS), which sharply criticized the asset class in its latest annual report.
Barclays has announced it will prohibit the use of its credit cards for cryptocurrency purchases starting June 27, marking a significant shift in its stance on digital assets.
A new report from CoinShares reveals that while wealthy investors are embracing digital assets more than ever, they’re also questioning whether their financial advisors are prepared for this shift.