“CEO Brian Armstrong said top banks are “leaning into this as an opportunity,” signaling Wall Street’s quiet embrace of crypto infrastructure.”, — write: www.coindesk.com
“The best banks are leaning into this as an opportunity,” Armstrong said during a discussion alongside BlackRock CEO Larry Fink. He did not name specific banks. “The ones who are fighting it are going to get left behind.”
The announcement suggests a quiet but growing embrace of crypto infrastructure by mainstream financial institutions, even as the broader market remains under tight regulatory scrutiny. Stablecoins — digital tokens backed by cash or cash-like assets — have become a central focus for banks exploring tokenized finance.
The joint appearance also covered broader themes. Fink, who once dismissed bitcoin BTC$92,948.65now sees it as a hedge in uncertain times. “You own bitcoin because you’re scared of your physical security. You own it because you’re scared of your financial security,” he said. For Fink, bitcoin is less about speculation and more about long-term protection from currency debasement and ballooning debt.
Armstrong also pressed for clearer rules from Washington. He said he hopes the US Senate will soon vote on a bill known as the CLARITY Act, which would establish legal definitions and responsibilities for crypto exchanges, token issuers and other players in the digital asset space.
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
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The companies plan to tokenize auto loans, with the first portfolios expected to be available by early 2026.
- ETHZilla said it bought 20% of Karus, an AI-driven auto loans platform, in a $10 million deal, marking its entry into the US asset-backed securities market.
- The companies plan to tokenize auto loans using blockchain, with the first portfolios expected to be available by early 2026.
- The partnership will also give ETHZilla access to Karus’s network of over 20,000 US car dealerships, banks and credit unions, and will integrate ETHZilla’s technology into its Ethereum-based infrastructure.
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