May, 2025

May, 2025

Cobie’s ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Cobie's Echo has launched Sonar, a new ICO platform, with Plasma as its first project, which is offering 10% of its XPL token supply....

Trump Media establishes corporate bitcoin treasury with $2.5 billion offering
The $2.5 billion offering is comprised of $1.5 billion in Trump Media common stock and $1 billion in convertible notes at a conversion price equal to a 35% premium....

Circle’s IPO targets $600 million raise at over $5 billion valuation after dismissing Coinbase, Ripple sale reports
Circle plans to offer 24 million shares of its Class A common stock at between $24 and $26, according to an updated SEC filing....

Michael Saylor calls onchain proof-of-reserves a ‘bad idea,’ rules it out for Strategy over security concerns
Saylor said onchain proof-of-reserves is a "bad idea" that poses security threats to Strategy and is meaningless without audited liabilities....

Standard Chartered sees Solana reaching $500 by 2029, but expects it to underperform Ethereum in the near term
Solana may lag Ethereum in the near term until new use cases beyond memecoins gain traction, according to Standard Chartered....

Cantor Fitzgerald Launches $2 Billion Bitcoin-Backed Lending Program, Completes First Loans to FalconX and Maple Finance
Cantor Fitzgerald LP has officially launched a $2 billion Bitcoin-backed lending program, marking its entry into crypto-backed financing...

Trump Media Confirms Multi-Billion Dollar Bitcoin Treasury
The U.S. president’s media company will be adopting Michael Saylor’s approach and issuing stocks and convertible notes to buy billions worth of Bitcoin....

21Shares Files First-Ever SUI ETF with Nasdaq Under Section 19(b)(2) 19b-4 Application for SEC Approval
21Shares has filed an application with Nasdaq to launch the first-ever SUI exchange-traded fund (ETF)...

Over 150,000 Ethereum Validators Support Raising Block Gas Limit From 36M to 60M Without Hard Fork
Over 150,000 Ethereum validators have signaled their support for increasing the block gas limit from 36 million to 60 million...

YZi Labs Invests in Avalon Labs, Backer of USDa Stablecoin and BTC-Collateralized Lending
YZi Labs has made a strategic investment in Avalon Labs, a Bitcoin-based on-chain capital markets platform...

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