Avalanche Treasury Co. began trading on Nasdaq on Thursday under the ticker AVAT after completing a $675 million merger with a crypto-focused SPAC, and the stock ended its first session down 38.1% at $1.85. The company said it plans to deploy capital across the Avalanche ecosystem and intends to buy more than $1 billion worth of AVAX over time.

Intercontinental Exchange (ICE), the parent of the New York Stock Exchange, has held several meetings with Hyperliquid as it assesses the onchain perpetual futures market, according to chair and CEO Jeffrey Sprecher. Speaking at a Bernstein conference on Wednesday, he said the talks were part of exploratory work and that ICE is pushing for a “level playing field” for 24/7 onchain derivatives activity.

President Donald Trump signed an executive order Tuesday directing the Federal Reserve to review whether fintech and crypto firms could gain direct access to Fed payment services, commonly known as master accounts. The order also asks the Fed to clarify whether the 12 Reserve Banks can independently approve or deny such access and to deliver a report to the president within 120 days.

BitGo Holdings said it brought in $3.8 billion of total revenue in the first quarter, a 112.6% increase year over year, in its first quarterly report since listing on the NYSE in January. The company reported a net loss of $60.7 million for Q1 versus a $25.7 million loss a year earlier, citing non-cash mark-to-market effects tied to its bitcoin treasury and higher IPO-related stock-based compensation.

Ark Invest bought about $5.5 million of Circle Internet Group stock across ARKK, ARKW and ARKF on Monday, totaling 41,904 shares. Circle closed up 15.91% at $131.76 the same day after reporting Q1 2026 results, including $694 million in revenue and $55 million in net income.

Australia is expected to outline proposed changes to capital gains tax discounts on Tuesday night's federal budget, which could affect cryptocurrency investors. The plan would replace the current 50% CGT discount for assets held longer than one year with an inflation-indexed approach, with a reported transition period running until mid-2027 for assets bought after budget night.

Polygon will activate the Giugliano hardfork on mainnet on April 8, targeting faster finality and new fee data fields. The Polygon Foundation said it is set for block 85,268,500 at about 2:00 p.m. UTC, and node operators need to update Bor to v2.7.0 or Erigon to v3.5.0 ahead of the activation.

Australia's parliament has passed the "Corporations Amendment (Digital Assets Framework) Bill 2025," which would require crypto exchanges and custody providers to hold an Australian Financial Services Licence. The Treasury introduced the bill in November 2025, and it passed the Senate on Wednesday, clearing both houses. The framework is expected to start 12 months after Royal Assent, with a transition period for businesses.

Nakamoto Inc. (Nasdaq: NAKA) said it sold about 284 BTC for $20 million in March at a price below its average acquisition cost. The firm plans to deploy the proceeds into its core businesses and to restore working capital after recent mergers. In 2025, it reported $166.2 million in fair-value losses on crypto holdings and a net loss of $52.2 million.