Marcus Feld
Markets Correspondent
Frankfurt5 articles
Marcus tracks digital-asset market structure, ETF flows and listed crypto equities, with a focus on how spot products reprice the underlying assets.
marcus@cryptoxinsights.comAreas covered
- Market structure
- Listed crypto equities
- IPOs and public listings
- Corporate treasuries
Published under: Deals, Corporate Treasury, Markets.
How they work
Marcus builds his stories from exchange data, fund creation and redemption records and company filings, and avoids reporting price moves without a mechanism behind them.
Corrections to any story on this page go to corrections@cryptoxinsights.com. Our full standards are set out in the masthead.
Articles by Marcus Feld

Listed companies start adding ether to corporate treasuries
Fair-value accounting treatment and staking yield have made ether a viable corporate treasury allocation for a growing set of listed companies, following the bitcoin treasury playbook with different economics.

Michael Saylor's Strategy keeps expanding its bitcoin treasury in 2025
Strategy, formerly MicroStrategy, continued accumulating bitcoin through 2025, surpassing 555,000 BTC and returning to near-billion-dollar weekly purchases largely funded by stock sales.

Winklevoss-founded Gemini raises $425 million and pops on its Nasdaq debut
Gemini Space Station, the Winklevoss twins' crypto exchange, raised $425 million in its IPO priced at $28 and rallied on its Nasdaq debut, part of a wave of 2025 crypto listings.

Coinbase becomes the first cryptocurrency exchange to join the S&P 500
On 19 May 2025 Coinbase became the first crypto exchange added to the S&P 500, replacing Discover Financial and cementing digital assets' place in mainstream portfolios.

Mike Novogratz's Galaxy Digital debuts on the Nasdaq in a bumper week for crypto
Galaxy Digital moved its listing to the Nasdaq via a direct listing in May 2025, opening at $23.50, after a drawn-out SEC process, and positioned itself around crypto and AI infrastructure.