Everything web3, crypto, defi, degen
In brief Stablecoin fintech Rain has raised $58 million. The Visa-backed company, which issues cards, has raised a total of $88.5 million from big backers like Sapphire Ventures, Dragonfly, Galaxy Ventures, and Samsung Next. Stablecoins are a hot topic since President Donald Trump signed the GENIUS Act. Stablecoin-backed card company Rain, which partnered with Visa…
In brief M0 raised $40 million in Series B funding. The firm separates stablecoin reserve management from programmability. M0 is supporting the debut of MetaMask’s mUSD stablecoin. Switzerland-based stablecoin platform M0 raised $40 million in Series B funding, as it seeks to shake up the relationship between token issuers and blockchain developers, according to a…
In brief Webull has launched crypto trading for Australian users, with access to 240 digital assets and a 30 basis point spread through Coinbase Prime. Experts say Australian exchanges charge double the spreads of international peers for major cryptocurrencies like Bitcoin and Ethereum. The launch follows Webull’s Monday announcement of resuming U.S. crypto trading after…
In brief Blueprynt’s pilot program for “Know Your Issuer” tapped USDC and PYUSD. The solution is aimed at stifling counterfeit cryptocurrencies. The pilot comes amid new guidance for banks and safeguarding crypto. Bluprynt recently completed a pilot project aimed at stifling counterfeit cryptocurrencies, integrating a “Know Your Issuer” framework into stablecoins from Circle and PayPal,…
In brief Nasdaq-listed Kindly MD filed an automatic shelf registration for up to $5 billion. The move follows a $679 million Bitcoin purchase through its subsidiary. Analysts warn Bitcoin-focused treasuries may drain liquidity from altcoins. Nasdaq-listed healthcare firm Kindly MD filed an automatic shelf registration statement with the SEC on Tuesday, electing to distribute up…
In brief Polymarket unveiled an investment from 1789 Capital. Donald Trump Jr. serves as a partner at the venture capital firm and is joining the prediction market’s advisory board. The prediction market is trying to reenter the U.S. Donald Trump Jr. is joining Polymarket’s advisory board, the prediction market said in a press release on…
In brief Trump Media is working with Crypto.com to build a crypto treasury with $6.4 billion in backing. The treasury will be made up of Cronos (CRO). Trump Media’s Truth Social will also use CRO as a rewards and utility token. It’s the latest crypto-related business venture by one of President Trump’s companies. Trump Media…
In brief The Paris-based chipmaker aims to raise up to $200 million through ADS issuance. Funds will be directed toward expanding Bitcoin holdings under long-term plan. The company already holds more than 3,000 BTC, with a 100,000 target by 2030. Sequans Communications (NYSE: SQNS), a Paris-based semiconductor firm listed on the New York Stock Exchange,…
In brief Pantera may launch “Solana Co.” to hold Solana tokens as a corporate treasury asset. The effort would begin with a $500 million raise, followed by $750 million in warrants. A single entity could end up holding more Solana than all current public treasuries combined. Pantera Capital is reportedly seeking to raise up to…
In brief Ethereum treasury company ETHZilla has announced a $250 million stock buyback program. The firm’s stock is down by more than 50% over the last week, evaporating most of its recent gains. Ethereum recently hit a new all-time high price, breaking a record that stood since 2021. ETHZilla Corporation—a publicly traded Ethereum treasury firm…
