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October 19, 2025Crypto Daily logoCrypto Daily

Crypto Weekly Roundup: Trump Mulls CZ Pardon, Ripple To Buy 1B XRP Tokens, & More

This week in crypto saw considerable activity around digital asset ￰0￱ Labs announced plans to purchase $1 billion worth of XRP tokens for a digital asset treasury. Meanwhile, a Financial Times investigation revealed that the Trump family has made a profit of over $1 billion thanks to their crypto bet. Additionally, President Trump is also considering a presidential pardon for Binance founder Changpeng ￰1￱ Ripple Labs announced plans to launch a fundraising effort to purchase $1 billion worth of its XRP token to create a new digital asset ￰2￱ lab already holds 4.5 billion XRP tokens, and holds another 37 billion tokens in escrow. A Financial Times investigation has revealed that US President Donald Trump and his family have made a profit of over $1 billion through their cryptocurrency ￰3￱ asked about the figures, Eric Trump stated that the figures were probably higher.

a16z Crypto , the blockchain investment arm of venture capital firm Andreessen Horowitz, has announced a $50 million investment in Jito, a liquid staking protocol underpinning the Solana ￰4￱ investment values Jito at $800 million, with a16z receiving JTO tokens at a discounted ￰5￱ plans to launch a crypto custody service in 2026, marking the latest major bank to enter the digital asset services ￰6￱ to sources, the bank had been working on its crypto custody service for nearly three ￰7￱ Labs founder Guy Young has stated that the depegging event on Binance, which saw the value of the USDe token drop to $0.65, was an isolated event due to an internal issue on Binance, not because of the underlying collateral.

Web3 Brevis , an infrastructure provider powering smart, verifiable applications with zk proofs (ZKPs), has announced that its Pico Prism zkVM has achieved record proving coverage of 99.6% (below 12 seconds) and real-time proving coverage of 96.8% (below 10) for Ethereum blocks with a 45M gas ￰8￱ is a startup that enables anyone to invest in clean energy and earn rewards through tokenized ￰9￱ has built a real-world asset platform that allows investors to fund renewable energy projects in several locations, including Dubai and the ￰10￱ independent trade group has cited Naoris Protocol in its submission to the ￰11￱ and Exchange Commission (SEC).

The document is termed Post-Quantum Financial Infrastructure Framework (PQFIF) and was addressed to the ￰12￱ Assets Task ￰13￱ doing so, the trade group’s submission to the SEC acknowledges Naoris' role in safeguarding digital assets against the coming wave of quantum computing ￰14￱ , an immersive Web3 competitive gaming universe, has introduced the “Risk-Free Rush”, giving players a new way to enjoy casino-style thrills without the pitfalls of real-money ￰15￱ The United States Department of Justice has seized $15 billion worth of Bitcoin (BTC) from an individual leading a massive “pig butchering” operation based in ￰16￱ seizure is the largest forfeiture action in the DOJ’s ￰17￱ Japan’s Financial Services Agency (FSA) and the Securities and Exchange Surveillance Commission (SESC) are preparing a regulatory overhaul to ban insider trading in ￰18￱ government plans to authorize the SESC to investigate suspicious trades and recommend penalties and ￰19￱ Trump is reportedly considering pardoning Binance founder Changpeng Zhao .

A presidential pardon could restore Zhao’s standing in the cryptocurrency ￰20￱ former Binance CEO has served time and paid $4.3 billion in fines after a 2023 money-laundering conviction. Disclaimer: This article is provided for informational purposes ￰21￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice

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