The Crypto Company Launches Multi-Asset Crypto Treasury with Bitcoin, Ethereum, XRP, and Avalanche

The Crypto Company (CRCW) has closed the initial phase of its digital asset treasury, which includes bitcoin, ethereum, XRP, and avalanche. CEO Ron Levy stated that the move is strategic, positioning the company for the next wave of blockchain adoption. The treasury is not about the size but rather about diversification and utility.

The U.S. Commodity Futures Trading Commission (CFTC) has launched its second "Crypto Sprint" initiative, aiming to refine regulatory approaches to spot crypto trading and align with the White House's digital asset policies. This effort comes amidst the agency's expanded oversight role in the cryptocurrency market, following recommendations from the President’s Working Group on Financial Markets [1].

The initiative seeks public feedback by October 20, emphasizing stakeholder collaboration for balanced regulatory frameworks. CFTC Acting Chair Caroline D. Pham underscored the importance of engaging with market participants to shape a balanced and effective regulatory environment for digital asset markets [4].

The second Crypto Sprint follows the CFTC's initial effort earlier this month, which focused on enabling the trading of spot crypto asset contracts on CFTC-registered futures exchanges. These steps come shortly after the White House released a 166-page report outlining policy recommendations for regulating crypto in the US [6]. The President’s Working Group made 18 recommendations to the CFTC, two of which directly concern the agency. These include providing clear guidance on how cryptocurrencies can be considered commodities and how decentralized finance firms can comply with registration requirements [7].

The CFTC aims to collaborate closely with the SEC to create a rulemaking process and use existing authorities to provide comprehensive regulatory clarity. This coordination is crucial as the agency faces mounting pressure to manage the rapid growth of the crypto sector amid internal challenges, including staff reductions and operational restructuring [10]. A White House official reiterated the administration’s commitment to positioning the US as a global leader in crypto innovation, despite these challenges [11].

Meanwhile, the CFTC remains in a transitional phase with only two active commissioners. Trump’s nominee for CFTC chair, Brian Quintenz, remains unconfirmed, highlighting the challenges in securing stable leadership for expanding crypto regulatory mandates [13]. Several crypto advocacy groups have called for the prompt confirmation of Quintenz’s appointment, arguing that a permanent chair is essential for the CFTC to fulfill its regulatory goals [14].

The second Crypto Sprint represents a strategic step in the US government’s broader effort to maintain regulatory clarity and investor protection in the fast-moving crypto sector. By engaging with the public, the CFTC aims to ensure that its regulatory strategies are both comprehensive and practical, addressing the unique characteristics of crypto markets while maintaining alignment with federal financial policy [17]. As the agency moves forward with this initiative, its ability to manage internal challenges will be as critical as its capacity to design effective regulatory frameworks [18].

References:
[1] Cointelegraph, [https://cointelegraph.com/news/cftc-launches-second-crypto-sprint-initiative-under-white-house-suggestions](https://cointelegraph.com/news/cftc-launches-second-crypto-sprint-initiative-under-white-house-suggestions)
[2] Mitrade, [https://www.mitrade.com/au/insights/news/live-news/article-3-1060187-20250822](https://www.mitrade.com/au/insights/news/live-news/article-3-1060187-20250822)
[3] CoinCentral, [https://coincentral.com/cftc-unveils-next-phase-of-crypto-sprint-to-support-u-s-digital-asset-strategy/](https://coincentral.com/cftc-unveils-next-phase-of-crypto-sprint-to-support-u-s-digital-asset-strategy/)
[4] Commodity Futures Trading Commission | CFTC, [https://www.cftc.gov/](https://www.cftc.gov/)
[5] Bloomberg, [https://www.bloomberg.com/news/features/2025-08-21/as-crypto-duties-loom-cftc-is-hit-by-staff-cuts-and-turmoil?srnd=phx-markets](https://www.bloomber.com/news/features/2025-08-21/as-crypto-duties-loom-cftc-is-hit-by-staff-cuts-and-turmoil?srnd=phx-markets)
[6] Omny.fm, [https://omny.fm/shows/listen-to-the-story/staff-cuts-and-turmoil-hit-the-cftc-while-the-crypto-it-oversees-booms](https://omny.fm/shows/listen-to-the-story/staff-cuts-and-turmoil-hit-the-cftc-while-the-crypto-it-oversees-booms)