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.
Bank of America is actively developing a stablecoin offering, CEO Brian Moynihan revealed during a post-earnings conference call on Wednesday.
PayPal has expanded its stablecoin, PayPal USD (PYUSD), to the Arbitrum network, marking a key step in its strategy to integrate with faster, more cost-efficient blockchain infrastructure.
Citigroup is evaluating the potential launch of its own U.S. dollar-backed stablecoin, signaling a growing shift in sentiment among traditional financial institutions toward digital assets.
JPMorgan Chase CEO Jamie Dimon remains skeptical of stablecoins—but says ignoring them isn’t an option for the world’s most powerful bank.