OpenPayd has completed its integration of MSB USA Inc. and obtained money transmitter licenses in 43 US states, accelerating its North American expansion. The company plans to list on Nasdaq via a merger with Titan Acquisition Corp in Q4 2026, at a valuation of approximately $1.1 billion. It already holds an EU MiCA authorization, with annualized recurring revenue exceeding $96 million and annualized transaction volume surpassing $300 billion. Its infrastructure supports fiat and stablecoin settlement, serving over 1,200 clients including Kraken and OKX.

Based on the latest data from crypto analytics firm SoSoValue, Bitcoin spot exchange-traded funds (ETFs) experienced a combined net outflow of $202 million during the trading day on August 28 (U.S. Eastern Time). Among the tracked products, Morgan Stanley's MSBT ETF recorded the strongest net inflow of $9.3385 million for the day, pushing its historical cumulative net inflow to $490 million. On the opposite end, Ark Invest and 21Shares' ARKB ETF saw the highest net outflow of $115 million, with its cumulative net inflow since inception now standing at $1.319 billion. As of the time of writing, the total net asset value of all Bitcoin spot ETFs was $97.593 billion, according to SoSoValue. The ETF net asset ratio, which measures the proportion of Bitcoin's total market capitalization represented by these funds, stood at 6.28%. Furthermore, the historical cumulative net inflow across the entire category has reached $54.631 billion. These figures provide a snapshot of capital flows within the Bitcoin spot ETF market, showing that while there was an overall net outflow, certain funds continued to attract significant inflows. Notably, the performance gap between MSBT and ARKB highlights the divergent investor preferences in the current market environment.

At Bitcoin Asia, Binance founder Changpeng Zhao, better known as CZ, laid out his view of what would define a true “Bitcoin Century” over the next 25 years. He said Bitcoin reaching $1 million would be an important milestone and added that he believes it could happen sooner than many expect. Still, he argued that price is not the main point. For Zhao, the bigger test is whether Bitcoin becomes widely used for payments and is broadly held in pensions, funds and national reserves. The conversation ranged across regulation, tokenized assets, sovereign crypto reserves, stablecoins and the intersection of AI with digital assets. Zhao said governments first need workable crypto regulatory frameworks, then should think about reserve strategies and bringing their own currencies on-chain through stablecoins. He pointed to activity in the United Arab Emirates, the United States, Japan, Hong Kong, Pakistan, Kazakhstan and Kyrgyzstan, while noting that progress varies widely by jurisdiction. On AI, Zhao said machine-driven commerce will use crypto, likely starting with stablecoins before expanding to Bitcoin and other assets. He also argued that AI trading will probably arrive before AI payments, because automated trading rewards speed and direct execution more immediately than consumer payment flows do.

Arkham data shows that Morgan Stanley increased its Bitcoin position by about 100.297 BTC roughly six hours ago through its spot Bitcoin exchange-traded fund, MSBT. The purchase was valued at $7.9 million. Following the latest addition, the firm’s total Bitcoin holdings rose above 7,000 BTC for the first time and now stand at 7,096 BTC. Based on the figures cited in the update, the position is worth more than $573 million. The move marks another increase in Morgan Stanley’s Bitcoin exposure and was reported by Odaily.

Arkham monitoring data shows that Morgan Stanley added to its Bitcoin position through its spot Bitcoin exchange-traded fund, MSBT. The purchase was valued at $7.9 million and amounted to about 100.297 BTC. Following the increase, the firm’s total Bitcoin holdings rose to 7,096 BTC, marking the first time the position has moved above 7,000 BTC. Based on the figures cited in the update, the holdings are worth more than $573 million. The report was cited by ChainCatcher, which attributed the wallet tracking information to Arkham.

Techub News says stablecoin infrastructure company Crossmint has expanded its regulatory footprint into Canada. The company has registered with the Bank of Canada as a payment service provider under the Retail Payment Activities Act (RPAA), and it has also registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a money services business (MSB). Crossmint said the move is aimed at expanding its regulated stablecoin rails.

Morgan Stanley has increased its Bitcoin exposure for a second consecutive day, according to Odaily. The firm used its spot Bitcoin exchange-traded fund, MSBT, to buy about 320.951 BTC at a cost of $21.91 million. Following the latest purchase, Morgan Stanley's total Bitcoin holdings rose to 6,995 BTC. Based on the figures provided in the report, the position is valued at about $515 million. The update points to continued accumulation by the bank over the past two days, with the latest transaction disclosed as part of its ETF-based Bitcoin exposure.

On Aug. 21, BlockBeats reported, citing Onchain Lens, that Morgan Stanley’s MSBT Bitcoin ETF withdrew 146.15 BTC from Coinbase Prime. The amount was valued at about $11 million in the report. No further details were provided.