TradFi firms expand crypto access despite downturn
Bitcoin (CRYPTO:BTC) and other digital assets are gaining support from major financial institutions despite weaker market conditions.

Crypto journalist for Grafa, with nearly 10 years of experience covering blockchain, Web3, and NFT gaming trends. MBA & Economics grad.
Bitcoin (CRYPTO:BTC) and other digital assets are gaining support from major financial institutions despite weaker market conditions.
The a2 Milk Company (ASX:A2M) announced full-year revenue of NZ$1.97 billion, representing a 12.4% increase.
PowerCompute (NASDAQ:PWCM) reported second-quarter revenue of $2.12 million, up 9.8% year over year, as Bitcoin production increased to 27.9 BTC.
Beneficient (NASDAQ:BENF) reported fiscal Q1 2027 GAAP revenue of $12.2 million and an operating loss of $0.4 million as expenses declined sharply.
LanzaTech (NASDAQ:LNZA) reported Q2 revenue of $9 million, down 1%, while operating expenses fell 67% to $11.7 million.
Spire Global (NYSE:SPIR) received a $3.7 million NOAA contract to provide satellite weather data from September 18 through December 1, 2026.
Brent crude futures rose 1.64% to $88.50 a barrel on Friday, while West Texas Intermediate crude climbed 1.92% to $82.81 as renewed U.S.-Iran tensions raised supply concerns.