SEC submits crypto guidance to White House; ICE backs OKX at $25B valuation

The SEC has submitted interpretive guidance to the White House on how existing securities laws could apply to cryptocurrencies, The Block reports. Intercontinental Exchange, parent of the New York Stock Exchange, invested in crypto exchange OKX at a $25 billion valuation as part of a push to move traditional securities onto blockchain-based trading rails. Bitcoin ETF inflows exceeded $1 billion over three days as analysts revived a "safe haven" narrative, while Solana-focused firm SOL Strategies reported February growth in its validator and staking operations, with shares rising over 20%. Other developments included Core Scientific securing a $500 million financing facility from Morgan Stanley, Crossover Markets raising $31 million in a Series B at a $200 million valuation, and American Bitcoin expanding its treasury to roughly 6,500 BTC.