🌞🌞🌞 Summer mode still activated 🌞🌞🌞

Your summer newsletters will be a bit lighter than usual - just enough alpha to keep you sharp, without interrupting your aperitifs.

🏎️ The U.S. Goes Full Throttle on Crypto… with Trump at the Wheel

Under President Donald Trump’s direct push, Washington is rolling out the red carpet for the crypto industry. On July 18, Trump signed the GENIUS Act - the first federal framework for U.S. dollar-backed stablecoins - making his intentions crystal clear: “Crypto makes the dollar look good. Crypto is good for the dollar, the nation.”

This law marks a turning point: the U.S. now sees stablecoins as a strategic tool for global dollarization, boosting U.S. Treasury sales and cementing the greenback’s dominance in the global monetary system. Companies are already gearing up to launch their own public and private stablecoins.

💰 But Trump isn’t stopping there. According to the Financial Times, he’s preparing an Executive Order to open America’s $8 trillion 401(k) retirement market to crypto, gold, and private equity - an unprecedented move to mainstream alternative investments in Americans’ portfolios.

🧑🏿‍⚖️ Meanwhile, Congress is advancing the Digital Asset Market Clarity Act (CLARITY Act), which will finally clarify the respective roles of the SEC and CFTC, distinguish “digital commodities” from securities, and establish a full regulatory framework for digital assets. The bill, already passed by the House, heads to the Senate after the August recess - potentially ending years of industry lobbying.

🔹 Bottom line: Washington is setting the stage for mass crypto adoption, with Trump positioning himself as the architect of an America where blockchain, stablecoins, and Bitcoin are embedded in the financial system… and in the power of the dollar.

✅ US Crypto Progress: Key Strategic Moves

1. PNC Bank Partners with Coinbase
$PNC ( ▲ 1.04% ) Bank- the U.S. seventh‑largest bank- has struck a major partnership with Coinbase’s crypto‑as‑a‑service platform. This move will allow PNC’s retail and institutional clients to buy, hold, and sell cryptocurrencies directly through their banking interface, while PNC in turn will extend selected banking services to Coinbase. It's a powerful signal of traditional finance embracing crypto under a friendlier regulatory regime.+

2. Polymarket Acquires QCX, Returns to U.S. Market
Polymarket, a leading crypto-powered prediction platform, has acquired QCX - a CFTC licensed derivatives exchange and clearinghouse - for $112 million, paving the way for its legal re‑entry into the U.S. New investigations by the DOJ and CFTC have been dropped, allowing Polymarket to relaunch for American users under full regulatory compliance.

3. TON Wallet Goes Live in the U.S. via Telegram
Telegram has rolled out its self‑custodial TON Wallet to its 87 million U.S. users, enabling seamless crypto transfers, staking, swaps, and even zero-fee USDT purchases - all without leaving the app. Native blockchain integration makes blockchain access intuitive and frictionless.

📣 BLOCKWEALTH NEWS 📣

📊 BIAMON FUTURES

Our Biamon Futures strategy has been available in copy trading mode since early July, and we’re delighted with the smooth integration of the API connection platform. 87% of copied trades were executed at the exact same price regardless of volume, and when there was any slippage, it averaged only 0.005%. That’s very encouraging.

What’s even more encouraging is the strategy’s performance: in July, it fully lived up to expectations, delivering a gross return of 90.12%, which translates to 45.06% net of fees.

📑 ACTIVELY MANAGED CERTIFICATE

Those interested in participating in our strategy can contact us to explore a regulated investment solution via an Actively Managed Certificate (AMC) in collaboration with our partner Asset Management Switzerland AG (a FINMA-regulated asset management company).

Our first AMC will not be exclusively dedicated to Biamon Futures but will instead combine Trendynamic, Biamon, and Alpine Yield. We will keep you updated.

OUR STRATEGIES IN JULY

🆙 TrenDynamic

We held a 50% BTC exposure across the portfolio in May and June. On the 2nd of July, our signals flagged an entry opportunity (entry price 108,610), so we moved back to a full 100% BTC position. This let us benefit from July’s rally, albeit with slightly less punch than BTC itself. Performance for July came in at 7.15%.

📈 B/Partners

Market-neutral strategies have remained underwhelming throughout 2025. Market-making is still our top performance engine, with a handful of arbitrage plays grinding out additional gains. To bolster diversification, we introduced two new strategies to the allocation, allowing the portfolio to post a 0.67% return in July.

🏧 Alpine Yield

In today’s lean-yield DeFi landscape, snagging anything above the risk-free 5% on tokenised T-Bills is no longer a “set-and-forget” affair, it’s a technical ascent that demands crampons, rope and an experienced guide. The most lucrative bootstrapping programmes (restaking points, fresh L2 liquidity drives, split-yield markets on Pendle, real-world-asset tranches) open their doors only to teams who can stitch together dozens of protocols, juggle cross-chain bridges, and neutralise smart-contract and oracle risk on the fly. That level of connectivity and on-chain fluency is exactly what powers our Alpine Yield strategy: an actively managed, multi-venue workflow that rotates capital into the highest-conviction campaigns before the crowd arrives, continuously recycles collateral, and harvests incentive streams in real time, all with the single-minded goal of delivering a target 17.50% p.a. net yield. In July, the strategy returned 0,76%.

🚀 BiamonFutures

The strategy outperformed our initial expectations. We were understandably nervous during this first month of copy-trading trials, yet everything played out exactly as designed. Averaging around 20 trades per week, we continue to capture asymmetric returns, while drawdowns remain capped below 30% per position, evidence of a disciplined risk-management framework. That said, don’t grow too accustomed to results like these; markets can turn brutally chaotic, and a set-up like ours is inherently sensitive to spikes in volatility. Even so, the risk-to-reward trade-off remains firmly in our favour.

*B/Partners is a multi-managers strategy that includes funds whose performances are calculated with a 15-day delay from the closing date. The results published in February reflect those of January. There will always be a one-month lag.