ICE Backs Polymarket With $2B as CleanCore Builds 710M-DOGE Treasury

BNY Mellon Explores Tokenized Payments, ICE Backs Polymarket With $2B, SharpLink’s $900M ETH Gains, CleanCore’s 710M DOGE Treasury, CEA’s $663M BNB Bet

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Polymarket
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Because Bitcoin
Because Bitcoin

Because Bitcoin

October 7, 2025

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SharpLink Gaming’s Ether Holdings Near $4 Billion, Unrealized Profits Top $900 Million

SharpLink Gaming’s Ethereum portfolio has surged in value, with unrealized gains surpassing $900 million as Ether climbed nearly 4.5% to around $4,736. The company holds approximately 838,730 ETH, worth $3.93 billion, representing 0.69% of the total ETH supply.

Since beginning its accumulation strategy on June 2, SharpLink has positioned itself among the largest corporate ETH holders, alongside BitMine Immersion Tech and The Ether Machine. The firm emphasized its strong balance sheet, noting that with 839,000 ETH and no debt, it remains well-positioned to deliver shareholder value. Corporate treasuries and ETFs now hold over 10% of the total Ether supply, underscoring growing institutional demand for the asset.

BNY Mellon Explores Tokenized Deposits to Enable Blockchain-Based Payments

The Bank of New York Mellon, the world’s largest custodian with $55.8 trillion in assets under custody, is exploring tokenized deposits that would enable clients to make payments over blockchain networks. The initiative, led by Treasury Services executive Carl Slabicki, is part of a broader modernization effort spanning instant and cross-border payments.

Tokenized deposits represent digital claims on commercial bank money, allowing near-instant, 24/7 settlement compared to traditional banking systems. BNY Mellon’s move follows similar initiatives by JPMorgan and HSBC, as major financial institutions race to integrate onchain settlement. The bank has also partnered with Goldman Sachs to maintain tokenized records of money market fund ownership, highlighting its growing push into blockchain infrastructure.

ICE Invests $2 Billion in Polymarket, Valuing the Crypto Prediction Platform at $9 Billion

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has invested $2 billion in Polymarket, a leading blockchain-based prediction market. The deal values Polymarket at $9 billion post-money and marks a major convergence between traditional finance and the crypto sector.

The move comes as Polymarket prepares for a potential U.S. relaunch following regulatory relief from the Commodity Futures Trading Commission (CFTC) and its $112 million acquisition of the U.S.-licensed exchange QCEX. The company, once under investigation by U.S. authorities, has undergone significant leadership changes and recently appointed Donald Trump Jr. to its advisory board.

CleanCore’s Official Dogecoin Treasury Surpasses 710 Million DOGE With $20 Million in Unrealized Gains

CleanCore Solutions (NYSE American: ZONE) announced that its Official Dogecoin Treasury, backed by the Dogecoin Foundation and executed through its new corporate arm House of Doge, has accumulated over 710 million DOGE since its launch on September 5, 2025. The holdings represent more than $20 million in unrealized gains, with additional liquidity available to continue acquisitions via Bitstamp by Robinhood.

The company raised approximately $175 million through a private placement to fund the initiative, targeting a milestone of 1 billion DOGE. CleanCore said the Treasury aims to drive long-term market capitalization and net asset value growth, aligning with broader efforts to expand Dogecoin’s real-world utility as both a transactional currency and reserve asset.

Through its partnership with House of Doge, CleanCore plans to advance professional treasury governance and explore yield-bearing opportunities, positioning Dogecoin for sustainable adoption and ecosystem development.

CEA Industries Expands BNB Holdings to 480,000 Tokens Worth $663 Million, Targets 1% of Total Supply

CEA Industries (Nasdaq: BNC) disclosed that it now holds 480,000 BNB, bringing its combined crypto and cash reserves to $663 million as it advances toward its goal of owning 1% of the token’s total supply by year-end. The company reported an average acquisition price of $860 per BNB, equating to $585.5 million in token value and $77.5 million in unencumbered cash.

The update follows a $500 million private placement this summer that funded the firm’s BNB accumulation strategy. CEA has added roughly 91,000 BNB since early September, accelerating purchases during October’s market rally. With BNB recently hitting new all-time highs above $1,320 and surging 30% over the past week, CEA’s BNC stock has also gained momentum, rising nearly 8% in pre-market trading on Tuesday.

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