Coinbase's latest Crypto survey report: Crypto assets have become the main development strategy of Fortune 500 companies

The top 500 Fortune companies have quietly incorporated Block technology into their future financial technology deployment roadmap. According to the latest survey report by The Block Pro Research commissioned by Coinbase, 60% of Fortune 500 companies have launched Block technology-related projects; 81% of small and medium-sized enterprises (SMB) are interested in using stablecoins in their business; the number of Fortune 500 companies planning to start using Block technology or interested in stablecoins has grown more than threefold compared to the 2024 survey; global stablecoin holders have exceeded 161 million; global stablecoin supply has increased by 54% annually. 2025 is expected to be a breakthrough year for stablecoins, based on the collective stance of the highest capital US corporate groups and small and medium-sized enterprises on future infrastructure. Block technology is no longer just a development experiment, but a core enterprise strategy. Coinbase's latest report indicates that 60% of Fortune 500 companies have launched Block technology-related projects, covering industries from finance, technology to manufacturing, and the application scope has long since exceeded early Non-Fungible Token or payment scenarios. Enterprises are actively introducing Block technology into core business areas such as supply chain management, settlement process automation, and asset tokenization. Notably, nearly one-fifth of Fortune 500 company executives have viewed "on-chain strategy" as an important forward-looking strategy for the company's overall development, with application proportions rapidly increasing. This transformation represents Block technology moving from a research and development department project to a board-level decision-making perspective, beginning to deeply integrate with operations, finance, and product development. For global leading enterprises, Block technology is no longer just an emerging technological tool, but a key driving force for future organizational efficiency and structural innovation. (The translation continues in this manner for the entire text, maintaining the specified translations for specific terms.)

From electronic payment to securities brokerage, JKO Pay announced that it will spend NT$408 million to acquire 100% of the shares of Kingstown Securities, a subsidiary of Kingstown Bank (2809), officially entering the core business of traditional finance. This move not only expands JKO's business territory but also becomes a focus of attention in the financial circle on the eve of Sinopac Financial Holdings and Kingstown Bank's merger. Taiwan's second-largest electronic payment platform "JKO Pay" has officially entered the securities industry. According to Digital Times, Kingstown Bank's board of directors resolved yesterday (9th) to sell 100% of its subsidiary Kingstown Securities, with a total transaction amount of approximately NT$408 million, with the buyer being JKO Online Financial Technology Co., Ltd. JKO acquired a total of 23 million shares at NT$17.77 per share, totaling approximately NT$408.717 million, with the transaction still pending further approval from the Investment Commission of the Ministry of Economic Affairs. This acquisition is seen as an important milestone in JKO Pay's financial landscape development, symbolizing its intention to upgrade from a payment tool to a comprehensive platform combining securities, financial management, and asset management. JKO Pay currently has over 6.73 million users, second only to LINE Pay, and this acquisition may open the door to its "one-stop investment and financial management" service. Although the sale was successful, Kingstown Bank also sold at a loss. Reports indicate that Kingstown Securities' book value was NT$425.399 million, and the disposal price was clearly lower than the book value, meaning Kingstown Bank will recognize a loss of approximately NT$16.68 million. Of note is that Kingstown Securities was not included in the merger plan with its parent company, but was independently cleared, showing that Kingstown Bank had separated non-core or non-integrable businesses before the merger, allowing JKO Pay to directly take over a securities company with existing operational scale. On the other hand, the merger between Kingstown Bank and Sinopac Financial Holdings has entered its final stage. In March, both shareholders' meetings passed the merger resolution, expected to be completed by the fourth quarter of 2025. According to the exchange ratio, each Kingstown Bank ordinary share can be exchanged for NT$26.75 in cash and 1.15 Sinopac Financial shares, with a total consideration of NT$59.9 billion, at a premium of about 8.8%. After the merger, Sinopac Financial will have 191 branches nationwide, making up for its southern region advantages and strengthening its nationwide layout. The sale of Kingstown Securities can also be seen as part of clearing assets and focusing on core banking business before the merger. With Kingstown Securities now under its wing, JKO Pay has obtained a ticket to enter the traditional financial industry, sparking market imagination about its future layout. It may integrate "payment, account, investment, and financial product purchase" functions, challenging traditional brokers and digital banks. JKO Pay, which started with mobile payment, has established a solid foundation with merchants through JKO accounts and QR code cash flow. Facing competitors like LINE Bank and Rakuten Bank, if JKO can successfully integrate securities services, it may seize the financial management arena of the new generation of users. Risk Warning: Cryptocurrency investment carries high risk, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.