Wallets linked to Bhutan’s state investment arm, Druk Holdings, are reportedly building a leveraged position in Ethereum (ETH), signaling increased institutional interest in the leading smart contract platform.

Best Asian Daily Information Website

Wallets linked to Bhutan’s state investment arm, Druk Holdings, are reportedly building a leveraged position in Ethereum (ETH), signaling increased institutional interest in the leading smart contract platform.

The XRP ETF surge triggers a market wave, with Bitcoin, Ethereum, and Solana trailing behind. Meanwhile, Thailand boosts crypto appeal by scrapping capital gains tax, sparking fresh investor interest.

Bhutan has boldly committed $970,000 worth of ETH through Figment, aiming to establish itself as a major player in Ethereum validation. This exciting step underscores the nation’s expanding role in the world of blockchain technology and decentralized finance

Bhutan has launched its digital ID system on the Ethereum blockchain, aiming to enhance security and transparency. The move marks a significant step in the kingdom’s digital transformation efforts.