July, 2025

July, 2025

Bitfinex-backed Layer 1 Plasma raises $373 million in 10-day token sale
The funding is more than seven times the amount the project sought to raise, as it sets out to provide free USDT transfers....

Bernstein flags yield and liquidity risks as Ethereum treasuries form new ETH demand pillar
Bernstein says a new wave of ETH treasury companies is creating demand, but risk management is central to the strategy's success....

US SEC delays decision on Trump’s Truth Social bitcoin ETF
The SEC is pushing back its decision on whether to approve an exchange-traded fund issued by Truth Social....

Specialty finance company Mill City announces $450 million offering to establish corporate Sui treasury
Sui is a Layer 1 blockchain developed by Mysten Labs that uses the bespoke Move programming language....

Solana treasury company Upexi enters into $500 million line of credit agreement to fund additional SOL token buys
Upexi can now sell up to $500 million of its common stock to fund general corporate expenses and SOL token purchases....

Nasdaq-listed vape stock surges 600% after 10X Capital and YZi Labs lead $500 million offering to establish BNB treasury
The upsized PIPE offering has the potential to deliver up to $1.25 billion of gross proceeds for CEA Industries and 10X Capital....

Interactive Brokers mulls stablecoin launch: Reuters
Interactive Brokers, founded in 1978, is reportedly considering launching a stablecoin to support 24/7 funding for brokerage accounts....

Bitcoin miner MARA closes upsized $950 million note sale to buy more BTC and fund debt repurchases
MARA Holdings raised $940.5 million in net proceeds to restructure previously issued debt securities and finance additional bitcoin purchases....

PayPal uses PYUSD stablecoin to enable payments in over 100 cryptocurrencies
The move marks PayPal's latest expansion into the crypto industry and a notable internal deployment of its PYUSD stablecoin....

Arbitrum Foundation plans to allocate $14 million in ARB to subsidize security audits for network projects
The initiative is set to distribute 30 million ARB tokens over 12 months, following the approval of a proposal by ArbitrumDAO....

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