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. ...

SoFi to bring back Bitcoin and ETH trading, rollout blockchain-based global remittances in latest crypto push
SoFi will reintroduce spot crypto trading and launch new crypto features after halting services in 2023 due to regulatory constraints....

Kalshi raising $185 million at $2 billion valuation in a Series C round led by Paradigm
The move comes on the heels of similar news from Polymarket, which is reportedly "nearing a deal" to raise $200 million at a $1 billion valuation....

Republic plans to tokenize shares of private companies like SpaceX and OpenAI: WSJ
Holders can buy between $50 to $5,000 worth of these digital assets, lower than the typical $10,000 minimum for private firms....

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