June, 2025

June, 2025

Pantera, Blockchange lead funding for privacy-focused Zama Confidential Blockchain Protocol at $1 billion valuation
Zama closed a $57 million Series B at a valuation of over $1 billion, according to a statement on Wednesday....

Invesco and Galaxy enter race for Solana ETF with new SEC filing
Investment management company Invesco and crypto-focused firm Galaxy Digital have joined the race for a Solana exchange-traded fund....

Bit Digital winds down Bitcoin mining operations, doubles down on Ethereum as latest ETH treasury play
Bit Digital will wind down BTC mining operations, sell stock & spin out its high-performance computing subsidiary to fund ETH purchases....

Privacy Pools adds stablecoin support for private Ethereum transfers
Privacy Pools, backed by Ethereum co-founder Vitalik Buterin, is adding support for stablecoins, according to an announcement on Wednesday....

FHFA directs Fannie Mae and Freddie Mac to explore cryptocurrency as an asset for mortgages
The Federal Housing Finance Agency's director ordered Fannie Mae and Freddie Mac to evaluate cryptocurrency as an asset for mortgages....

The Daily: BTC treasury companies having a weaker impact on price than ETFs, Tether sets sights on becoming the largest bitcoin miner, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Sky approves $1 billion allocation for Janus Henderson’s onchain fund using fresh-out-of-stealth Grove infrastructure
Grove is developed by Grove Labs, which is owned by the DeFi-focused financial advisory firm Steakhouse Financial. ...

Robinhood CEO Claims ‘Crypto Will Replace Traditional Finance’
Vlad Tenev is a renowned crypto bull and is doubling down on his stance that crypto is set to take over traditional financial markets....

Sei Soars 70% as Wallet Growth and On-Chain Activity Hit New Highs
SEI jumped more than 40% in a single day and is up 70% on the week as a surge in users and fresh ETF buzz appear to be drawing attention....

Institutional Inflows, Not Retail FOMO, Were Behind Bitcoin’s May Rally: Bybit
Bitcoin’s May surge to a record high was likely fueled by institutional capital rotation out of stablecoins, according to Bybit data....

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