NEXBRIDGE, a Salvador-based digital asset issuer, raised $8M in Series A funding led by Fulgur Ventures to expand its Bitcoin Liquid Network ecosystem. They previously launched USTBL, a U.S. Treasury-backed digital asset, & plan to launch NEXPLACE trading platform in H2 2025.
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Ant Group denies reports of a partnership with Circle to integrate its stablecoins into Antβs global network. A spokesperson called initial Bloomberg-reported coverage βinaccurate.β No plans are currently in development.
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Ethereum Foundation is restructuring to focus on enterprise, developers, apps, & founder support! π New teams β Digital Studio, Strategic Events, Ethereum Everywhere & EcoDev Automation β will drive adoption & network resilience. Expect more policy work, partnerships & funding too. #Ethereum
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Circle is bringing USDC & CCTP V2 to Sei Network! π This adds compliant stablecoin functionality & easier cross-chain transfers to the Layer-1 blockchain. CCTP V2 boosts liquidity & interoperability. #USDC #SeiNetwork #CCTP
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K Wave Media, a Korean entertainment firm, raised $1B via convertible bonds & equity financing. π They plan to invest β₯80% in Bitcoin, already buying 88 BTC with a target of 10,000! #Bitcoin #KWave #investment
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GameSquare (GAME) bought $5M in Ethereum (ETH) β about 1,818 ETH at $2,749/ETH! π This is part of a $100M treasury strategy aiming for 8-14% DeFi returns via Medici & Dialectic. More ETH purchases & potential buybacks planned. #ETH #DeFi #GameSquare
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KULR Technology has increased its Bitcoin holdings to 1021 BTC after a recent purchase of 90 BTC at an average price of $108,884, representing a $10 million investment, according to a post by CEO Michael Mo on X. The companyβs total investment in Bitcoin now totals $100 million.
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U.S. initial jobless claims for the week ending July 5th came in at 227,000, below the expected 235,000. The previous weekβs figure was revised down slightly from 233,000 to 232,000.
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Agora, a stablecoin startup, raised $50M in Series A led by Paradigm! π They offer white-label stablecoin services (AUSD) for yield sharing & cross-chain liquidity. Funds will fuel global expansion, RWA integration, & cross-border payments. π
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YZi Labs (formerly Binance Labs) invested in Aspecta, a blockchain platform boosting liquidity for illiquid assets like pre-TGE shares & RWAs. Aspecta uses AI-powered IDs for standardized verification. Funding will expand partnerships & asset integration. #blockchain #RWA #DeFi
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