Everything Blockchain Inc. is allocating $10 million to a multi-token treasury consisting of Solana, Ripple, Sui, Bittensor, and Hyperliquid.
The company aims to earn up to $1 million annually in staking rewards and share a portion of those rewards with shareholders, creating a 'crypto dividend'.
EBZT is focused on bridging traditional finance and decentralized finance and aims to provide regular investors with access to yield-generating crypto assets.
The company is also involved in backing enterprise adoption of blockchain technology through its various divisions.
EBZT CEO highlighted the importance of timing as institutional money flows into blockchain networks.
The company hopes to lead a wave of crypto treasury innovation and capitalize on the growing staking market.
Lion Group Holding Ltd. secured a $600 million funding facility to build a crypto asset treasury focusing on Hyperliquid, Solana, and Sui.
Hyperliquid, despite recent price dips, remains a significant player in the DeFi sector and is attracting attention.
DeFi Development Corp, a Nasdaq-listed company, has accumulated over 621,000 SOL, indicating growing interest in Solana.
XRP is seeing institutional players adding over $1 billion worth of XRP to their treasuries, signaling a potential institutional era for the token.
Analysts project XRP could reach $10 as it currently trades around $2.17.