{"id":486423,"date":"2025-06-23T19:55:03","date_gmt":"2025-06-23T18:55:03","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=486423"},"modified":"2025-06-23T23:11:54","modified_gmt":"2025-06-23T22:11:54","slug":"texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/","title":{"rendered":"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund"},"content":{"rendered":"

Texas Governor Greg Abbott<\/span> signed<\/a><\/strong> the \u201cBitcoin Reserve Bill\u201d SB 21 into law on June 21, allowing the state to invest an unlimited amount of money from the state\u2019s fund into Bitcoin (BTC<\/a>).<\/span><\/p>\n

SB 21 creates the Texas Strategic Bitcoin Reserve and lets the Comptroller buy BTC so long as the asset's market cap exceeds $500 billion, a threshold that only Bitcoin currently meets.<\/span><\/p>\n

$2.2B allocation<\/h2>\n

With the proposal signed into law, Texas became the third state in the US with an official Bitcoin reserve, joining New Hampshire and Arizona.\u00a0<\/span><\/p>\n

Nothing in the statute caps allocations, meaning lawmakers could appropriate the full balance of the Economic Stabilization Fund. The ESF closed fiscal 2024 with $21 billion in cash and investments, according to the Comptroller\u2019s annual cash report and supplemental ESF fact sheet.<\/span><\/p>\n

If legislators route the maximum, Texas alone could become the largest public-sector Bitcoin holder in the US. <\/span>The state could funnel up to $2.1 billion in Bitcoin if it decides to allocate up to 10% of its budget in BTC, as Arizona had intended to with its failed bill.<\/span><\/p>\n

Together with New Hampshire, the total state allocations could reach nearly $2.2 billion.<\/span><\/p>\n

Governor Kelly Ayotte<\/span> signed House Bill 302 on May 6<\/a><\/strong>, authorizing the treasurer to place any digital asset that has a market capitalization above $500 billion into a strategic reserve.<\/span><\/p>\n

The statute caps holdings at 5% of the state\u2019s Revenue Stabilization Reserve Account. New Hampshire\u2019s latest bond-offering documents list an account of $292.5 million for fiscal 2023, with the BTC investment ceiling representing about $14.6 million.<\/span><\/p>\n

Arizona bill fails<\/strong><\/h2>\n

Arizona\u2019s Bitcoin and Digital Asset Reserve Fund<\/span> became law on May 7<\/a><\/strong> via House Bill 2749. The measure directs unclaimed or seized digital assets to a state-run wallet, which can be staked or utilized in airdrops, with the proceeds returning to the fund.<\/span><\/p>\n

However, there is no report to date on the amount of crypto seized by Arizona.<\/span><\/p>\n

The SB 1373 failed on May 12 after Hobbs\u2019 veto. The proposal would permit the treasurer to deploy up to 10% of the Budget Stabilization Fund (BSF) into BTC once enacted.<\/span><\/p>\n

Legislative budget writers project the BSF at roughly $1.5 billion for fiscal 2025, implying a prospective Bitcoin allocation near $150 million.\u00a0<\/span><\/p>\n

As a result, if a similar bill is approved in Arizona, the investment amount in Bitcoin would be boosted to over $2.3 billion.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Texas Governor Greg Abbott signed the \u201cBitcoin Reserve Bill\u201d SB 21 into law on June 21, allowing the state to invest an unlimited amount of money from the state\u2019s fund into Bitcoin (BTC). SB 21 creates the Texas Strategic Bitcoin Reserve and lets the Comptroller buy BTC so long as the asset’s market cap exceeds […]<\/p>\n","protected":false},"author":1511,"featured_media":486392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,1,77968,79915,11],"tags":[],"post_folder":[],"acf":[],"yoast_head":"\nTexas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund<\/title>\n<meta name=\"description\" content=\"The Bitcoin treasuries amount could grow further if Arizona reports how much in seized crypto it has in its coffers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund\" \/>\n<meta property=\"og:description\" content=\"The Bitcoin treasuries amount could grow further if Arizona reports how much in seized crypto it has in its coffers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-23T18:55:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-23T22:11:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/06\/texas-bitcoin-reserve-bill.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gino Matos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gino Matos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/#person\",\"name\":\"Gino Matos\",\"url\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg\",\"caption\":\"Gino Matos\"},\"jobTitle\":\"Reporter\",\"description\":\"Gino Matos is a seasoned crypto journalist and law graduate covering Brazil\u2019s blockchain ecosystem and DeFi developments.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/pelicamatos\",\"https:\/\/www.linkedin.com\/in\/ginomatos\",\"https:\/\/muckrack.com\/gino-matos\"]},\"headline\":\"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund\",\"datePublished\":\"2025-06-23T18:55:03+00:00\",\"dateModified\":\"2025-06-23T22:11:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/\"},\"wordCount\":393,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Adoption\",\"Crypto\",\"Featured\",\"Legislation\",\"Regulation\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/\",\"url\":\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/\",\"name\":\"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2025-06-23T18:55:03+00:00\",\"dateModified\":\"2025-06-23T22:11:54+00:00\",\"description\":\"The Bitcoin treasuries amount could grow further if Arizona reports how much in seized crypto it has in its coffers.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/f03754c9e579651795caf77a2b00c49c\",\"name\":\"Gino Matos\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg\",\"caption\":\"Gino Matos\"},\"description\":\"Gino Matos is a law school graduate and a seasoned journalist with six years of experience in the crypto industry. His expertise primarily focuses on the Brazilian blockchain ecosystem and developments in decentralized finance (DeFi).\",\"url\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund","description":"The Bitcoin treasuries amount could grow further if Arizona reports how much in seized crypto it has in its coffers.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/","og_locale":"en_US","og_type":"article","og_title":"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund","og_description":"The Bitcoin treasuries amount could grow further if Arizona reports how much in seized crypto it has in its coffers.","og_url":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/","og_site_name":"CryptoSlate","article_published_time":"2025-06-23T18:55:03+00:00","article_modified_time":"2025-06-23T22:11:54+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/06\/texas-bitcoin-reserve-bill.jpeg","type":"image\/jpeg"}],"author":"Gino Matos","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Gino Matos","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/gino-matos\/#person","name":"Gino Matos","url":"https:\/\/cryptoslate.com\/author\/gino-matos\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/gino-matos\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/gino-matos\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg","caption":"Gino Matos"},"jobTitle":"Reporter","description":"Gino Matos is a seasoned crypto journalist and law graduate covering Brazil\u2019s blockchain ecosystem and DeFi developments.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/pelicamatos","https:\/\/www.linkedin.com\/in\/ginomatos","https:\/\/muckrack.com\/gino-matos"]},"headline":"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund","datePublished":"2025-06-23T18:55:03+00:00","dateModified":"2025-06-23T22:11:54+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/"},"wordCount":393,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Adoption","Crypto","Featured","Legislation","Regulation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/#respond"]}],"copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/","url":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/","name":"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2025-06-23T18:55:03+00:00","dateModified":"2025-06-23T22:11:54+00:00","description":"The Bitcoin treasuries amount could grow further if Arizona reports how much in seized crypto it has in its coffers.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/f03754c9e579651795caf77a2b00c49c","name":"Gino Matos","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg","caption":"Gino Matos"},"description":"Gino Matos is a law school graduate and a seasoned journalist with six years of experience in the crypto industry. His expertise primarily focuses on the Brazilian blockchain ecosystem and developments in decentralized finance (DeFi).","url":"https:\/\/cryptoslate.com\/author\/gino-matos\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/486423"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1511"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=486423"}],"version-history":[{"count":4,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/486423\/revisions"}],"predecessor-version":[{"id":486456,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/486423\/revisions\/486456"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/486392"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=486423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=486423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=486423"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=486423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}