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Crypto & Blockchain · Week of Oct 26, 2026

Traditional finance moves onchain: the week in crypto releases

Traditional finance firms moved further onchain, from S&P Global's OpenZeppelin deal to PrimeRevenue's trade finance assets on Solana.

· Times Beats newsroom

Several releases this week came from traditional finance and infrastructure firms extending into blockchain markets. S&P Global completed its acquisition of OpenZeppelin, which it describes as the security standard for onchain finance. PrimeRevenue said it is bringing trade finance assets to Solana, starting with its Electronic Time Drafts. EDX Markets and Apex Fintech Solutions announced a strategic relationship to support digital markets expansion.

On the holdings and results side, Bitmine Immersion Technologies reported ETH holdings of 6,051,933 tokens and total crypto, cash and marketable securities of $15 billion. Its chairman, Thomas Lee, described recent crypto pullbacks as comparatively shallow. In Hong Kong, Bitfire Group reported Q3 digital assets under management of US$221 million, up 60.1%.

  1. S&P Global

    S&P Global Completes Acquisition of OpenZeppelin

    S&P Global says it has completed its acquisition of OpenZeppelin, a transaction first announced on September 17, 2026. The company says the deal complements its risk assessment capabilities, adding an onchain security business to a major ratings and data provider.

  2. Bitmine Immersion Technologies, Inc.

    Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.05 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $15 Billion

    Bitmine Immersion Technologies says that as of October 25, 2026 it held 6,051,933 ETH, 215 BTC, $514 million in cash and marketable securities, and stakes in Beast Industries and Eightco Holdings, totaling $15 billion. The company says its ETH holdings equal 4.95% of ETH supply, and Chairman Thomas Lee said ETH has fallen 13% from its recent peak while US semiconductors fell 20% over the same timeframe.

  3. EDX Markets

    Apex Fintech Solutions Partners with EDX Markets to Support Digital Markets Expansion

    EDX Markets, which combines an institutional-only trading venue with a central clearinghouse, announced a strategic relationship with Apex Fintech Solutions. The companies say the partnership is intended to support digital markets expansion.

  4. PrimeRevenue

    PrimeRevenue Brings Trade Finance Assets to Solana, Expanding Access to On-Chain Capital Markets

    PrimeRevenue says it is bringing trade finance assets to Solana, starting with its Electronic Time Drafts. The company describes this as its first step in bringing traditional trade finance onto the blockchain and expanding access to on-chain capital markets.

  5. Bitfire Group

    Bitfire Group Reports Q3 Digital Assets Under Management of US$221 Million, Up 60.1%

    Bitfire Group, formerly Sinohope Technology Holdings, reported Q3 digital assets under management of US$221 million, up 60.1%. The company says crypto-asset trading volume rose 362.2% to US$342 million and its client base grew 31.4% to 1,058.

This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Times Beats reporting.