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Industrial Tech Giant Siemens Adopts IoT Blockchains From Minima

Siemens, Europe’s largest industrial technology company, is working with distributor ledgers for the internet of things (IoT) builder Minima, to embed blockchains into the German giant’s devices across the automotive, robotics and energy sectors.
Minima is working with Siemens Cre8Ventures division, an initiative to accelerate industrial transformation by collaborating with startups in the fields of AI, digital twins, cybersecurity, and more, the companies said in a press release on Tuesday.
A gradual evolution of computing capabilities towards the edges of networks has seen a greater need for security and data integrity to be embedded within these edge devices at scale, which is where IoT-level blockchains are useful
It’s an interesting shift since blockchain technology might have originally been thought of as the antithesis of large enterprises, in terms of being decentralized and removing all sorts of intermediaries, said Minima CEO Hugo Feiler.
“But as power goes to the edge on these devices, then even large enterprise clients need to make sure that there’s resilience through that,” Feiler said in an interview. “And so the ability for these large enterprise companies to run a decentralized system is mission critical for them as well. So, decentralization is not just cutting them out as middlemen, it’s also enabling them to get further out into the world to deliver the service.”
Minima announced late last year it was working with semiconductor giant ARM to develop a microchip with a decentralized ledger embedded in it. The partnership with Siemens, which followed on from Minima’s Arm deal, will further the sovereignty goals of the EU Chips Act, introduced in 2022 to reduce reliance on foreign chip manufacturers, Minima said.
“Minima enables IoT equipment to run a full node, so they can independently participate in a blockchain network without relying on external servers or centralised intermediaries, eliminating all central points of failure and ensuring fully decentralised security, data integrity, and trustless verification. Our collaboration brings groundbreaking AI capabilities, data integrity, and decentralised trust mechanisms to the Siemens Cre8Ventures Digital Twin Marketplace,” a Siemens representative said in a statement.
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Blockchain Firm Crossmint Used by Adidas, Red Bull Raises $23.6M in Funding

Crossmint, a blockchain infrastructure firm helping companies build on-chain applications, has raised $23.6 million in funding.
The company, which has over 40,000 users, aims to simplify blockchain adoption by enabling firms to integrate wallets, tokenization, and payments with minimal code, according to a statement on Tuesday. Crossmint users, including big brands Adidas and Red Bull, use the platform to transition their operations on-chain.
Crossmint is also building a framework for artificial intelligence-driven commerce, providing wallets and payment APIs for AI agents.
«AI agents are reshaping commerce. Soon, they will autonomously manage tasks like grocery shopping or personal styling,» said Alfonso Gomez-Jordana, co-founder of Crossmint. «Traditional payment systems weren’t designed for AI agents—but blockchain is.»
Ribbit Capital led the investment round with additional participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction, Crossmint announced on Tuesday.
Disclaimer: This article, or parts of it, was generated with assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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Multicoin’s Samani Explains Why SOL ETF Could Trounce ETH’s

Solana doesn’t yet have an exchange-traded fund, but one of the asset’s biggest backers is betting the Wall Street-friendly vehicle could come in 2025 — and believes it’s well-positioned to trounce Ethereum’s various similar products.
Multicoin Capital’s Kyle Samani — a major investor in SOL and countless subordinate protocols — has been publicly pressing the Securities and Exchange Commission (SEC) to look favorably upon a SOL ETF. His bullish pronouncements therefore might come as little surprise.
But onstage Tuesday at Blockworks’ Digital Asset Summit in New York City, Samani explained his view why Solana is better placed to appeal to traditional investors than Ethereum did. It’s all about the money: the fees being generated on-chain, compared to the value of the asset’s totality.
«A lot of the reason why the ETH ETF didn’t have a super strong reception was a lot of investors looked at ETH and said ‘show me the fees,’ Samani said.
By his telling, they didn’t find much proof to justify investing at its high prices.
Stock traders often look at a company’s price to earnings ratio in deciding whether it’s over or undervalued; in other words, when to invest. Crypto doesn’t have such a clean metric, but blockchains still have revenue and tokens that can be mushed together for similar effect.
Samani believes Solana’s theoretical P/E ratio is much healthier from an investing standpoint than Ethereum’s. His onstage math placed Solana as trading at 30 to 50 times its P/E whereas Ethereum is trading closer to 1,000 times.
Solana’s P/E ratio is «much more in line with high-growth tech stocks,» Samani said.
If the logic plays out then traditional investors might be expected to believe Solana has more upside than Ethereum, and invest accordingly.
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Crypto Regulatory Clarity Top Catalyst for Industry Growth: Coinbase & EYP Survey

Crypto market regulatory clarity was cited as the top catalyst for growth in the digital asset industry, according to a survey by crypto exchange Coinbase (COIN) and consulting firm EY-Parthenon (EYP).
Coinbase and EY Parthenon surveyed 352 institutional investors between Jan. 13 and Jan. 24 this year.
86% of those surveyed said they had exposure to digital assets or planned to make allocations in 2025, and 84% said they had increased allocations to crypto and crypto-related products in 2024.
59% of respondents said they planned to allocate more than 5% of their assets under management (AUM) to cryptocurrencies in 2025.
An improving regulatory backdrop under Donald Trump’s new administration is viewed as a large tailwind for the digital asset industry. The President has promised to make the U.S. the «crypto capital of the world.»
Altcoins are also becoming increasingly popular amongst institutional investors, according to the survey. 73% of respondents said they held tokens other than bitcoin (BTC) and ether (ETH), led by hedge funds at 80%.
About half of those surveyed said they leverage stablecoins, with yield generation, transactions, and foreign exchange cited as the main use cases.
60% of investors said they preferred to gain exposure to crypto via registered vehicles such as exchange-traded products (ETPs).
The survey focused on decision makers in the U.S. and Europe, with some participation from investors worldwide.
Read more: U.S. Crypto Investors Are Still Piling Into Memecoins Despite the Huge Risks: Kraken
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