Meta Platforms, the parent company of Facebook and Instagram, has voted overwhelmingly against a proposal to diversify its corporate treasury into Bitcoin.
This signals that Big Tech remains cautious about adopting the top cryptocurrencies despite rising corporate interest.
Meta Shuts Door on Bitcoin Treasury Move
According to documents shared on X, the shareholder motion received just 3.9 million votes in favor, while more than 4.9 billion opposed it. Another 8.9 million shares abstained, and 205 million were broker non-votes.
Meta Shareholders Vote on Bitcoin Treasury Move. Source: X/Phoenix
This vote follows the proposal of Ethan Peck, a Mata Shareholder, earlier this year.
However, Meta’s board rejected the proposal even before the vote, stating that the company already has robust treasury management practices.
The board maintained that there was no compelling reason to consider Bitcoin, though it did not entirely dismiss digital assets as a concept.
“While we are not opining on the merits of cryptocurrency investments compared to other assets, we believe the requested assessment is unnecessary given our existing processes to manage our corporate treasury,” Meta’s board stated.
Meanwhile, the vote ends months of speculation that Meta might follow in the footsteps of companies like Strategy, which has aggressively accumulated Bitcoin as a reserve asset.
“If a Meta or Microsoft adds BTC to its balance sheet, it will arguably have a bigger impact than all the smaller companies doing it. Kinda like when Tom Hanks got COVID, which made it feel real even though the cases had already been mounting,” Bloomberg ETF analyst Eric Balchunas explained.
Bitcoin Top 85 Corporate Holders. Source: Hodl15Capital.
As of May 2025, more than 85 public companies collectively hold over 804,000 BTC, according to Hodl15Capital. Strategy leads the pack with more than 580,000 BTC under its control.
On the high-power circuits of Formula 1, every millisecond marks the difference between victory and defeat, and every innovation is a battle for supremacy. This February, global digital asset trading platform Gate.io proudly announces its official partnership with Oracle Red Bull Racing in F1, a resonance of innovation between two distinct yet equally demanding arenas.
The partnership marks not only a significant milestone in Gate.io’s global branding strategy, but also coincides with the platform’s 12th anniversary. In celebration of this moment, Gate.io has unveiled its new Chinese name: “Damen” (大门, meaning “The Gate”), a symbol of connection between users and the future. At this pivotal moment, Gate.io Founder and CEO Dr. Han announced a new strategic vision: to build the “next-generation crypto exchange”, showing the company’s bold entry into the next era of the crypto industry with refreshed ambition.
“The Gate” Reimagined: Charting A Course Toward the Next-Gen Crypto Exchange
On the occasion of its 12th anniversary, Gate.io unveils its new Chinese brand name, 大门 (“The Gate”), representing both a starting point and an entrance to the future. The name reflects a vision of openness, diversity, and global integration. Under brand evolution, Gate.io embarks on its journey to evolve into the “next-generation crypto exchange.”
Over the past twelve years, Gate.io has used technology as the key and service as the bridge to open the gate to the crypto world for its users:
Over 3,800 cryptocurrencies listed, consistently leading industry innovation.
Ranked among the Top 3 globally in overall strength, with 24-hour spot trading volume placing Top 2 worldwide.
Built a full ecosystem covering trading, Web3 wallets, payments, venture investment, and incubation.
Platform token GT reached a peak of $25.960, placing its market cap among the global top 34.
The brand evolution not only encapsulates Gate.io’s past achievements, but also marks the beginning of a new phase, more expansive and full of possibilities. The positioning of “next-generation crypto exchange” underscores Gate.io’s deep insights and strategic vision into future industry trends. As one of the earliest exchanges in crypto space, Gate.io has amassed a wealth of experience over the past 12 years. Now, with the industry on the cusp of a new wave of growth, Gate.io is doubling down across key sectors including technology, security, ecosystem and brand building. The platform has unlocked a new growth curve, aiming to shape the future paradigm of the industry and deliver greater value to both users and the broader ecosystem.
Unleashing the Synergies of Security and Innovation to Drive Industry Transformation
Oracle Red Bull Racing dominates the tracks through cutting-edge innovation and rigorous safety. In blockchain space, Gate.io is equally renowned for balancing innovation with robust security. Now joining forces, two giants are unlocking synergies across industries, injecting fresh momentum into Gate.io’s journey to become the next-gen crypto exchange.
On the innovation front:
Gate.io’s Pilot section has listed over 1,000 tokens, capturing multiple meme tokens with 10x+ gains.
MemeBox 2.0, a first-of-its-kind product, aggregates popular on-chain meme tokens directly to user accounts, offering a seamless and secure Web3 trading experience.
Gate Launchpool has become an industry-leading token mining platform, featuring over 140 projects and distributing over $14 million in airdrops and mining rewards.
GateChain continues to upgrade its core features, including DA (Data Availability), while expanding into Web3 applications like wallets, trading, asset management, NFTs, and memes—creating deep on-chain integration.
In terms of transparency and security:
Gate.io collaborates with U.S. audit firm Armanino LLP and adopts an open-source Merkle Tree solution for regular asset reserve disclosures.
As of January 2025, total reserves exceed $10 billion, ranking fourth globally. The reserve ratio stands at 128.58%, with $2.296 billion in excess reserves, well above the industry average.
Gate.io continues to invest in multi-layered security infrastructure, including cold wallet management, multi-signature protocols, real-time risk alerts, and round-the-clock global security teams.
Just as F1 demands both speed and precision, Gate.io never compromises on user asset safety while pushing for cutting-edge experiences. This ability to balance innovation and security enables Gate.io to remain a trendsetter in the crypto industry, building a solid foundation for its course towards the next-generation crypto exchange.
A Cross-Industry Leap: A Strategic Milestone in Globalization
In a world of increasingly fierce global competition, brand recognition and cultural resonance have become crucial frontiers for the crypto industry. F1, one of the world’s most watched and influential sports events, reaches hundreds of millions globally and is synonymous with premium, avant-garde, and international appeal. This partnership marks one of the first concrete steps in Gate.io’s vision to become the next-gen crypto exchange. By aligning with a word-class sports IP and tapping into its cultural resonance, Gate.io is redefining user perception, evolving from a tech platform into the global ambassador of digital lifestyle, further enhancing the platform’s international presence and brand value.
Through the platform of Formula 1, Gate.io not only expands its reach to high-value users worldwide, but also strengthens its brand attributes such as speed, innovation, security, and connectivity on a cultural level. It also signals the formation of a broader and more open global brand matrix. Backed by a strategy focused on compliance, globalization, and branding, Gate.io is confidently stepping into a more ambitious future.
Twelve Years Strong, the Future Is Here
Since its inception in 2013, Gate.io has remained true to its mission: to open the gateway to crypto assets for users around the world. Twelve years later, this gate connects tens of millions of users globally, becoming a vital force in the world’s crypto economy. Now, at this new 12-year milestone, Gate.io, under its new brand evolution, joins hands with Oracle Red Bull Racing to embark on a journey towards “the next-generation crypto exchange”, with greater conviction, openness, and infinite possibilities. The future belongs to those who remain steadfast in speed, and unwavering in securing innovation. The gate is open. A new era of crypto is here.
Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more details, please read the User Agreement.
Made in USA coins are drawing attention heading into the weekend, with five standout tokens leading the charge: EOS, ONDO, SUI, KAS, and EIGEN. EOS surged nearly 7% following a controversial $3 million purchase by World Liberty Financial, while ONDO remains a major RWA player despite short-term volatility.
SUI continues to ride momentum from its meme coin and DEX activity, and Kaspa (KAS) shows strong upside potential with a possible golden cross forming. Meanwhile, EigenLayer (EIGEN) is facing a sharp pullback but still holds bullish signals if support levels can hold.
EOS
EOS is up nearly 7% in the last 24 hours, sparked by World Liberty Financial’s surprise $3 million purchase of the token. The move has stirred controversy across the crypto community, especially given WLFI’s recent $125 million loss from allegedly selling ETH at a local bottom.
While some have raised concerns about potential market manipulation, there’s currently no hard evidence of foul play. EOS, which has spent much of the past year trading below $0.50, briefly surged over 9% following the news, reigniting interest in a project many considered dormant.
Technically, if bullish momentum persists, EOS could break above the key resistance level at $0.88. A clear breakout there may open the door for a run toward the psychological $1 mark.
However, if sentiment shifts and the rally fades, EOS could retest support at $0.663. A break below that would likely trigger further downside, potentially dragging the token back toward the $0.58 region.
Ondo Finance (ONDO)
Real-world asset (RWA) tokenization is gaining serious momentum. The sector reached an all-time high of $22.5 billion, up 5.87% in the last 30 days.
Private credit accounts for $13.1 billion of the total, highlighting growing institutional interest in bridging TradFi with blockchain infrastructure.
Amid this surge, ONDO has emerged as one of the largest players in the RWA space, despite its token price slipping over 3% in the past 24 hours. Still, ONDO is up 16.2% over the last month, reflecting sustained investor confidence in the narrative.
Looking ahead, if bullish sentiment returns, ONDO could test resistance at $1.04. A breakout above that level may push the price toward $1.20.
However, if the correction deepens, the token faces key support levels at $0.86 and $0.819.
Should the downtrend accelerate, ONDO may fall further to $0.73 or even $0.663, making short-term price action heavily dependent on whether the broader hype around RWA and Made in USA coins continues or fades.
SUI
SUI has been gaining traction in recent months thanks to its growing meme coin ecosystem and expanding DEX infrastructure.
While its DEX volume surged 36.7% over the past week, it recorded the smallest increase among the top eight chains and currently ranks sixth in total DEX volume.
Despite this, market interest remains strong, with SUI up 83% in the last 30 days—though it has cooled slightly, slipping 1.25% over the past week.
Technically, SUI’s EMA lines still indicate bullish momentum.
If buyers regain control, the token could test resistance at $3.89, and a breakout there may open the path toward $4.24.
On the downside, if SUI fails to hold support at $3.63, the next targets are $3.27 and potentially $2.92 in the event of further selling pressure.
Kaspa (KAS)
Kaspa (KAS) has delivered strong performance recently, climbing 18.5% in the last seven days and 56.7% over the past month. Its market cap now stands at $3.17 billion, even as 24-hour trading volume has dipped by 20% to $99.38 million.
EMA indicators suggest a potential golden cross formation, which could signal further upside. If momentum continues, KAS may test resistance at $0.155, and a successful breakout could push the price toward $0.188, making it one of the most interesting Made in USA coins for the weekend.
However, if the trend weakens, key support levels lie at $0.114 and $0.103. Losing those could trigger a deeper correction, with downside targets as low as $0.082.
Eigenlayer (EIGEN)
EigenLayer (EIGEN) has seen mixed price action this week—up 16% over the past seven days, but down 11% in the last 24 hours alone.
The recent drop pushed its price below $1.40 and dragged its market cap under the $400 million mark, signaling a potential cooldown after last week’s rally.
Despite the pullback, EIGEN’s EMA lines remain in a bullish formation. If the downtrend continues, the token may test key support at $1.22, with further downside possible toward $1.084 if that level fails.
However, if EigenLayer regains its prior momentum, it could retest resistance at $1.49, and a breakout there may pave the way for a move toward $1.63.
Trust Wallet surpassed 200 million downloads this year and ranked as the most downloaded wallet globally in March 2025. As more users look for direct control over their digital assets, the company is shifting its focus from simple storage to a broader set of tools for interacting with Web3.
In this interview, CEO Eowyn Chen discusses Trust Wallet’s product direction, the growing role of AI, and what it takes to design accessible tools without compromising on autonomy. She also reflects on her leadership approach and the long-term vision behind the company’s push toward user empowerment.
Eowyn Chen: Being a Web3 companion means showing up for users across every step of their journey—not just storing assets, but helping them safely explore, learn, and engage. The wallet is no longer just a tool; it’s the interface to the future economy. That means abstracting technical hurdles, offering helpful context when users need it, and keeping them protected along the way.
For us, it’s also about values—standing on the user’s side, upholding self-custody, and enabling freedom without compromise. Whether someone is making their first swap or interacting with an AI-powered dApp, the wallet should feel like a trusted guide, not a challenge to overcome.
BeInCrypto: Hitting 200 million downloads and topping March 2025’s global wallet charts is no small feat. What do you believe this milestone says about the direction of user behavior in Web3, and what signals are you paying the most attention to?
Eowyn Chen: This milestone shows that users are increasingly prioritizing autonomy, access, and ownership. Self-custody is no longer just for early adopters—it’s becoming a mainstream expectation.
We’re also seeing strong demand for tools that make Web3 simpler without sacrificing control. That means onboarding must improve, cross-chain interactions must feel seamless, and safety must be embedded into the experience.
At a deeper level, we’re tracking signals beyond just volume: retention, confidence, and the kinds of real-world problems users are trying to solve with Web3 tools. Our job is to listen closely and build with intention, not just scale for growth’s sake.
Eowyn Chen: It’s a fine balance, but an essential one. The ethos of self-custody means putting users in control—but that shouldn’t mean putting them through unnecessary friction. We’re working to abstract away pain points like gas fees, key management, and confusing transaction flows, while still keeping users informed and empowered. Our approach is to blend technical standards (like account abstraction) with intuitive UX and even AI-driven assistance. The goal is to make the complexity feel seamless—so users don’t need to think about what’s under the hood, only that it works, and they’re in control.
BeInCrypto: You’ve spoken about Trust Wallet evolving into something like the “Revolut of Web3.” What does that analogy look like in practice—and how do onramps, token discovery, and scam protection play into that larger ambition?
Eowyn Chen: Think of it as combining the polish and ease of a Web2 fintech app with the freedom and transparency of Web3.
In practice, this means enabling users to move smoothly across experiences: accessing crypto with fiat, discovering real on-chain opportunities, engaging with dApps, and avoiding threats like scams or fake tokens. It’s about building a unified experience where everything—from token discovery to protection to exploration—feels cohesive and trusted.
We’re not trying to replace banks or exchanges, but to offer a self-custody alternative that feels just as seamless and far more empowering.
BeInCrypto: TWT utility is growing beyond governance into a more integrated part of the user journey. What role do you see it playing in strengthening user retention, trust, and community participation in 2025 and beyond?
Eowyn Chen: We’re focused on aligning TWT utility with meaningful user value. That includes areas like supporting gas fees, boosting staking rewards, or unlocking loyalty and referral benefits.
The more TWT becomes part of the everyday user experience—without compromising security or sovereignty—the more it can help strengthen long-term engagement. It’s not about short-term incentives, but creating mechanisms that reward participation, build trust, and reinforce community ownership over time.
BeInCrypto: With AI-powered assistance becoming part of Trust Wallet’s interface, how do you balance the value of helpful automation with the responsibility of preserving user agency and privacy?
Eowyn Chen: We believe AI can enhance self-custody, not replace it. The key is giving users smarter context, not taking decisions out of their hands. Whether it’s flagging a suspicious address, summarizing a transaction, or helping someone troubleshoot an issue, AI should feel like a co-pilot—not a black box.
Privacy is non-negotiable, so we’re building AI in ways that don’t compromise control or expose sensitive data. The vision is a wallet that knows you well enough to help, but respects your boundaries. It’s about trust, transparency, and user-first design at every layer.
BeInCrypto: You’ve led Trust Wallet through volatile markets and deep technical shifts. What has shaped your leadership style most—and how do you keep your team aligned with a long-term mission when the industry often rewards short-term hype?
Eowyn Chen: Resilience, clarity, and values. This industry moves fast, but we’ve seen time and again that chasing hype doesn’t build lasting trust.
What grounds me is staying close to our users and our mission: to empower people with ownership, access, and opportunity. I try to lead with transparency—sharing both our ambitions and our challenges—and to create space for builders to experiment without losing sight of why we’re here.
The best ideas often come from people who deeply care, so part of leadership is protecting that space while still moving decisively.
BeInCrypto: Looking ahead, what would success look like for Trust Wallet not just in terms of users or revenue, but in terms of reshaping how people interact with digital value every day?
Eowyn Chen: A big part of success means users don’t even have to think about the word “Web3”—they just do what they need to do, confidently and securely. Whether it’s sending money to family, collecting rewards, securely storing their crypto assets, or interacting with a digital ID, their wallet handles it naturally.
We want to help make self-custody the default experience—not just for crypto, but for digital value in all forms.
If we’ve done our job right, users will feel more empowered, more connected, and more in control of their digital lives—not just because of Trust Wallet, but because of what it enabled them to do.
