Regulators allow $700 million worth of Bitcoin to be in circulation, and institutions bet on the stability of Bitcoin

ASST has been approved by regulatory authorities to merge with Strive to acquire more than $700 million in Bitcoin. The merger aims to strengthen institutional-level cryptocurrency custody and trading services, reflecting the growing institutional confidence in Bitcoin as an asset class. The combined entity will operate under a unified governance structure, focusing on compliance, risk management and long-term investment rather than short-term speculation.