The Office of the Comptroller of the Currency granted conditional approval on April 2 for Coinbase to establish Coinbase National Trust Company. The approval puts the exchange under a single federal standard for this business instead of separate state-by-state rules. Coinbase said the charter is limited to custody, not deposit-taking or lending.
The development puts institutional market access back in focus. The report notes that Ripple, Paxos, and Circle have also applied for similar charters this year, showing how quickly regulated custody structures are moving to the center of the crypto business. For larger investors, custody rules remain one of the key conditions tied to market entry.
Pepeto Presale Draws More Than $8 Million
While large-cap tokens stay in relatively tight ranges, the article says capital is also moving toward earlier-stage offerings. Pepeto has raised more than $8 million in its presale, with a stated token price of $0.0000001862 and 188% APY for staked holdings. The project says its contracts passed a SolidProof audit and that its tools are built around transfers across Ethereum, BNB Chain, and Solana, along with an AI-based contract risk scanner.
The source ties Pepeto’s model to exchange-token demand mechanics, arguing that token usage would come from swaps and cross-chain functions at the protocol level. It also says the project is nearing an exchange listing. Claims about potential 100x returns, though, are presented in the original article as analyst projections rather than confirmed outcomes.
Solana and BNB Show Limited Momentum
On market pricing, Solana is quoted near $80.94, down about 13% over one week according to CoinGecko. The report also says confidence was hit by a roughly $280 million exploit involving the Drift protocol. BNB, based on CoinMarketCap data cited in the article, was trading at $590 with a market capitalization above $80 billion. The piece says analysts are looking for a mid-April target of $665.
Set side by side, the article frames three trends at once: Coinbase gaining a federal trust pathway, major tokens showing muted or weaker price action, and presale fundraising attracting attention from buyers looking beyond established large-cap names.