PANews reported on November 14th that, according to GlobeNewswire, Tron Inc. (Nasdaq:TRON) announced its third-quarter financial results ending September 30, 2025, reporting a net profit of $12.174 million, a turnaround from a loss in the same period last year, with shareholders' equity exceeding $239 million. The company's assets include cash, cash equivalents, and a significant amount of TRX and sTRX. During the quarter, it also received an additional $110 million TRX investment from its largest shareholder, further strengthening its balance sheet. Management stated that a robust cost structure and strategic investments in high-growth digital assets drove the improved performance.PANews reported on November 14th that, according to GlobeNewswire, Tron Inc. (Nasdaq:TRON) announced its third-quarter financial results ending September 30, 2025, reporting a net profit of $12.174 million, a turnaround from a loss in the same period last year, with shareholders' equity exceeding $239 million. The company's assets include cash, cash equivalents, and a significant amount of TRX and sTRX. During the quarter, it also received an additional $110 million TRX investment from its largest shareholder, further strengthening its balance sheet. Management stated that a robust cost structure and strategic investments in high-growth digital assets drove the improved performance.

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more