The Defiant
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DeFi and decentralized finance news and analysis
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Deals•Feb 20, 2026
Kraken Acquires Magna for Early Token Support
U.S.-based exchange Kraken announced the acquisition of token‑management platform Magna, with the deal closing on Friday. Terms were undisclosed, but Kraken co‑CEO Arjun Sethi said the purchase will enable early support for token issuers as the exchange readies for a potential IPO.
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Deals•Feb 18, 2026
Hyper Foundation Invests $1M HYPE in New DC DeFi Policy Center
Hyper Foundation announced a $1M HYPE grant to launch a new Washington, DC‑based policy center aimed at clarifying DeFi regulations. The Hyperliquid Policy Center will lobby policymakers to shape clearer rules for the decentralized finance ecosystem, underscoring the foundation’s commitment...
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Deals•Feb 16, 2026
Flying Tulip Announces Public Token Sale for Feb 16
DeFi protocol Flying Tulip, founded by Yearn Finance’s Andre Cronje, is set to launch its public token sale on Feb 16, with the token trading on Feb 23. The sale follows prior fundraising rounds that raised over $290 million, and prediction markets value...
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Deals•Feb 5, 2026
Tether Makes $100M Strategic Equity Investment in Anchorage Digital
Tether announced a $100 million strategic equity investment in Anchorage Digital on Feb 5, 2026, aiming to bolster secure, regulated crypto‑banking infrastructure. The deal underscores a partnership between the leading stablecoin issuer and the first federally chartered crypto bank in the U.S.
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News•Feb 2, 2026
Crypto Markets Edge Higher as Bitcoin, Ether Gain Despite Heavy Liquidations
Crypto markets rose on Monday after a stronger‑than‑expected U.S. manufacturing PMI boosted risk sentiment. Bitcoin climbed to about $78,338, up 2.1%, while Ether reached $2,338, gaining 1.5%. Total market cap hit $2.72 trillion, with 24‑hour volume around $223.3 billion, despite $729 million in...
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News•Feb 2, 2026
STABLE Hits All-Time High Ahead of Mainnet Upgrade
Stable, the Bitfinex‑backed Layer‑1 blockchain, saw its native token surge 43% this week, reaching an all‑time high of $0.03. The rally lifted its fully diluted valuation past $3 billion and market cap to $540 million, positioning it as the top stablechain by...
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News•Feb 2, 2026
Singapore Gulf Bank Adds Stablecoin Settlement for Institutional Clients
Singapore Gulf Bank (SGB) has upgraded its real‑time clearing network, SGB Net, to settle stablecoins alongside fiat currencies for institutional clients. The platform now supports USDC and USDT on Ethereum, Arbitrum and Solana, allowing corporate users to trade, mint, convert, hold...
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News•Jan 31, 2026
Infinex Token Launches at $300 Million Valuation
Infinex, the DeFi super‑app led by Synthetix founder Kain Warwick, launched its INX token with a $330 million fully‑diluted valuation, pricing initially at $0.033 before slipping to $0.021 as early investors took profits. The platform’s ICO closed on Jan. 10, raising $7.2 million...
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News•Jan 31, 2026
Polkadot Treasury Posts First OpenGov Profit as DOT Price Lags
Polkadot’s treasury posted its first net profit under the OpenGov model in Q4 2025, recording a gain of 1.6 million DOT despite a flat‑lined token price. Treasury outlays fell to $7.4 million, the lowest since the governance shift, with $2.5 million allocated to...
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News•Jan 30, 2026
Ink-Based Perp DEX Nado Airdrops Official NFT Collection
Nado, a perpetual derivatives DEX built on Ink’s Layer 2, airdropped its official "Templars of the Storm" NFT collection to early pre‑alpha users who opted for NFTs over Ink points. The floor price is 0.45 ETH (≈$1,200) and the collection has generated...
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News•Jan 30, 2026
Binance Plans to Buy $1 Billion of Bitcoin
Binance announced a plan to purchase $1 billion worth of Bitcoin within the next month, positioning the exchange as a major institutional buyer. The fund will be replenished if the post‑conversion Bitcoin holdings dip below $800 million, underscoring a floor‑price strategy. Binance...
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News•Jan 30, 2026
Bitwise Says Fusaka Improves Ethereum UX But Falls Short on Revenue Expectations
Bitwise has revised its outlook on the revenue impact of Ethereum’s Fusaka upgrade, acknowledging that the anticipated boost has not materialized. The upgrade introduced a minimum fee for blob data to stabilize L2 transaction costs, but Ethereum’s soaring throughput has...
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News•Jan 30, 2026
Story Protocol and OpenLedger Launch New Standard for Legal AI Training
Story Protocol and OpenLedger unveiled an on‑chain standard that lets AI systems legally use copyrighted material and automatically compensate rights holders. The framework registers intellectual property on Story Protocol, while OpenLedger enforces licensing terms and routes payments during AI training...
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News•Jan 29, 2026
Optimism Unveils OP Enterprise
Optimism and OP Labs CEO Jing Wang announced OP Enterprise, a new suite that lets enterprises launch native blockchains within the OP Stack. The service promises end‑to‑end deployment in 8‑12 weeks across three builder tiers, from simple OP Mainnet launches...
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News•Jan 29, 2026
SOL ETFs Outpace ETH’s Early Rollout, But BTC Still Dominates
U.S. spot Solana ETFs launched in October 2025 attracted roughly $750‑$766 million in early inflows, outpacing Ethereum’s debut but remaining far behind Bitcoin’s $12.1 billion first‑quarter surge. By December 2025 Solana ETFs held about $950 million, roughly 1.35 % of Solana’s market cap, while...
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News•Jan 29, 2026
Augur Reveals Lituus Oracle Infra to Fight Market Manipulation Across DeFi
Augur unveiled Lituus, an Ethereum-native oracle protocol designed to act as a shared, manipulation‑resistant truth layer for prediction markets and DeFi. The system leverages algorithmic forks and a migration‑based universe forking mechanism that forces attackers to purchase dominance twice, raising...
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News•Jan 29, 2026
1inch Team Vows Tokenomics Review After Token Hits All-Time Low
The 1inch decentralized exchange aggregator saw its native 1INCH token plunge about 20% to an all‑time low of $0.112 after early‑investor wallets dumped millions of dollars worth of tokens. The 1inch team publicly denied any sales from its own treasury...
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News•Jan 28, 2026
Base AI Agent Deployers Rally as CLAWD Surges
AI agent tokens on Base surged after Austin Griffith launched the CLAWD agent, a Claude‑based self‑regulated AI that can deploy smart contracts and run on‑chain experiments. CLAWD’s market cap briefly hit $40 million, propelling related tokens BANKR (+34%) and CLANKER (+24%)....
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News•Jan 28, 2026
Moonbirds Debuts BIRB Token on Solana at $200M FDV
Moonbirds, the Ethereum‑based NFT collection, launched its native BIRB token on Solana, seeing the price jump from $0.20 to $0.35 within hours and a 70% intraday gain. The token’s fully diluted valuation tops $300 million while market capitalization sits near $86 million....
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News•Jan 27, 2026
USDAI Gears Up for Token Launch and Airdrop
USDAI, a GPU‑backed stablecoin protocol, announced its native CHIP governance token will launch in Q1 2026 with an ICO and airdrop slated for April. The platform, which grew to $658 million total value locked after a November peak of $701 million, previously bootstrapped...
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News•Jan 27, 2026
PUMP Surges 15% as Memecoin Market Picks Up
Solana‑based launchpad pumpfun saw its native PUMP token rally 15% in the past 24 hours as memecoin activity resurges. Despite an 80% drop in overall trading volume from its peak, the protocol’s 100% revenue‑to‑buyback policy sparked renewed investor interest. On...
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News•Jan 27, 2026
Ethereum Ecosystem Grew in 2025 Even as ETH Price Lagged: Everstake
Everstake’s 2025 report shows that roughly 30% of Ethereum’s supply—about 36.5 million ETH—is now staked, marking a net increase of 1.8 million ETH over the year. Layer 2 networks pushed throughput past 300 TPS, while Layer 1 transactions rose 30% to 1.5‑1.6 million daily. Despite these...
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News•Jan 26, 2026
Zama’s Encrypted Ethereum Token Auction Draws $118M in Commitments
Zama, a fully homomorphic encryption startup, closed a $118.5 million encrypted token auction on Ethereum, marking the first such ICO on the network. The sealed‑bid Dutch auction attracted 11,103 unique bidders, oversubscribed by 218% and clearing at $0.05 per token. Zama’s...
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News•Jan 23, 2026
Tokenized Gold Capitalization Tops $4 Billion as Spot Approaches $5,000
Tokenized gold surpassed $4 billion in market value as spot gold neared $5,000 per ounce, marking a new high for on‑chain commodities. Tether Gold (XAUT) and Paxos Gold (PAXG) dominate the space, together holding about 86% of the market with $2.5 billion...
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News•Jan 22, 2026
RIVER Soars 40% After Justin Sun Backs DeFi Project
River, a DeFi protocol, announced an $8 million strategic investment from TRON founder Justin Sun, propelling its RIVER token to an all‑time high of $60.24—a 39% gain in 24 hours. The infusion backs River’s new chain‑abstraction stablecoin, satUSD, which will operate across...
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News•Jan 22, 2026
Bitcoin Struggles to Hold $90,000 Despite Stocks and Gold Rallying
Bitcoin slipped to $88,400 before stabilising around $89,500, failing to break the $90,000 barrier even as U.S. equities and gold posted fresh gains. Ethereum fell 2% to $2,950 despite BitMine Immersion’s $100 million purchase, pushing its treasury holdings above 3.5% of...
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News•Jan 22, 2026
Base Overtakes Ethereum, BNB Chain in DEX Volumes for the First Time
Base’s decentralized exchange activity surged to approximately $16.5 billion in the past week, overtaking Ethereum’s $13.0 billion and BNB Smart Chain’s $15.6 billion. The spike was driven primarily by Uniswap’s Base deployment, which alone generated $11.3 billion, and Aerodrome’s $2.94 billion. While Solana still leads...
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News•Jan 22, 2026
Stablecoins Could Reach 20% of Bank Deposits in Some Emerging Markets: S& P Global
S&P Global Ratings projects that foreign‑currency stablecoins could surge to $730 billion across 45 emerging‑market economies, up from roughly $70 billion today. In its most aggressive scenario, stablecoins would account for 10‑20% of bank deposits in the 15 countries where inflation erodes...
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News•Jan 22, 2026
Solana Seeker Token SKR Jumps 300% on First Day of Trading
Solana Mobile’s Seeker token (SKR) surged more than 300% in its first 24 hours of trading, reaching $0.049 and a market cap above $265 million. The airdrop, open to over 100,000 phone owners and 188 developers, distributes SKR through the device’s...
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News•Jan 21, 2026
Vitalik Backs Decentralized Social Media as Mask Network Takes Over Lens
Ethereum co‑founder Vitalik Buterin announced he will increase his activity on Lens in 2026, using the multi‑client Firefly to post across decentralized platforms. He highlighted Mask Network's new role as steward of Lens, aiming to shift the ecosystem toward consumer‑friendly...
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News•Jan 21, 2026
Prediction Markets Hit New TVL High as Polymarket Tops $330 Million
Crypto prediction markets broke a new TVL record, surpassing $550 million, according to DefiLlama data. Polymarket remains the dominant platform with roughly $330 million locked, while OPINION and Predict Fun trail at $155 million and $21.7 million respectively. Off‑chain player Kalshi led trading activity, generating...
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News•Jan 20, 2026
ME Token Slumps After Magic Eden Announces Buybacks, Staking Rewards
Magic Eden announced it will allocate 15% of its platform revenue to the ME token ecosystem, dividing the funds equally between token buybacks and monthly USDC payouts to stakers. The marketplace reported $24 million revenue in 2025, meaning roughly $3.6 million could...
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News•Jan 20, 2026
Most Crypto Holders Want to Pay with Bitcoin but Rarely Do, Survey Show
A GoMining survey of 5,700 crypto holders reveals that over half rarely spend Bitcoin, despite 80% supporting broader adoption. Limited merchant acceptance (49.6%) and high transaction fees (44.7%) are the top barriers, followed closely by price volatility. Users who do...
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News•Jan 19, 2026
GAS Tanks 90% After AI Dev ‘Steps Back’
The Gas Town (GAS) token crashed from a $60 million valuation to roughly $1.1 million within four days after its creator, Steve Yegge, publicly stepped back from the project. Yegge’s reversal, following a viral endorsement, sparked a rapid sell‑off that erased 98%...
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News•Jan 16, 2026
Bags Launchpad Activity Surges After GAS Token Soars 700%
Bags.fm, a Solana‑based token launchpad, saw explosive activity after the Gas Town token (GAS) surged 682% in 24 hours. Other new tokens such as RALPH, CMEM, VVM, TERRA and RedwoodJS posted gains ranging from 400% to over 80,000%. The platform...
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News•Jan 15, 2026
Felix Protocol to Launch Spot Equities on HyperEVM
Felix Protocol announced a partnership with Ondo Finance to launch spot equities on HyperEVM, Hyperliquid’s Layer 1 blockchain. The initial rollout will list over 100 U.S. stocks, with a roadmap to exceed 1,000 equities in the coming months. By routing liquidity...
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News•Jan 15, 2026
Ondo Finance TVL Doubles to Over $2B in Less Than a Year
Ondo Finance’s total value locked (TVL) surpassed $2 billion this week, more than doubling its level from early March 2024. The surge is anchored by its tokenized U.S. Treasury fund, OUSG, which now holds over $820 million in short‑term Treasury bills. Ethereum...
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News•Jan 15, 2026
Inside Stripe’s Crypto Strategy with Privy CEO: Wallets as Global Financial Accounts and the End of Decentralization Dogmas
Stripe is deepening its crypto ambitions by integrating Privy, the developer‑focused embedded‑wallet platform it bought in June, into its stablecoin and blockchain initiatives. The company launched Stablecoin Financial Accounts that let users in over 100 countries send, receive and hold...
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News•Jan 14, 2026
CARDS Token Surges as Gacha Volume Hits All-Time High
Collector Crypt’s CARDS token surged 60% in the past week, driven by a record‑high gacha spin volume that generated nearly $20 million in user spend. The platform’s seven‑day revenue topped $1.87 million, the strongest since September, pushing the token’s fully‑diluted valuation to...
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News•Jan 14, 2026
Berachain Rallies 40% After Unveiling ‘Bera Builds Businesses’ Plan
Berachain’s native token BERA jumped 40% to $0.80 following the release of its year‑end update, which unveiled the “Bera Builds Businesses” initiative. The program commits the Berachain Foundation to incubate, acquire, or partner with applications that generate demand for BERA...
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News•Jan 13, 2026
Paxos’ Asset Base Grew 450% in 2025
Paxos reported a 450% surge in its total asset market cap during 2025, climbing from $1.2 billion in January to $6.8 billion by year‑end. The expansion was powered primarily by its PayPal‑backed stablecoin PYUSD, which jumped from $500 million to $3.6 billion, accounting for...
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News•Jan 13, 2026
Yield Suffers $3.7M Loss Due to ‘Unintended’ Stablecoin Swap
Yield Protocol (YO) incurred a $3.73 million loss on Jan 13 when a vault swap unintentionally converted roughly $3.84 million worth of stkGHO into just $122 000 USDC. The trade suffered extreme slippage, likely routed through a Uniswap v4 pool with complex hooks, but security...
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News•Jan 13, 2026
Euler’s Founding CEO Steps Down as Protocol Refocuses on Institutions
Euler Labs co‑founder Michael Bentley announced he will step down as CEO after nearly six years, shifting to an advisory and product‑focused role. Jonathan Han, formerly of The Tie, will assume the CEO position and steer the protocol toward institutional...
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News•Jan 12, 2026
Lighter Token Struggles as Farmers Transition to Alternative Exchanges
Lighter’s LIT token has slipped 15% on the day and 27% over the past week, just weeks after its token generation event. Daily trading volume has collapsed to $1.73 billion, pushing Lighter from market‑leading volumes to fifth place among perpetual DEXs....
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News•Jan 10, 2026
A16z Crypto Shares Three Crypto Predictions for 2026
Andreessen Horowitz’s crypto division unveiled its 2026 outlook, highlighting three transformative themes: AI‑augmented prediction markets, zero‑knowledge SNARK‑based virtual machines, and a novel concept called “staked media.” The firm argues these primitives will shift from niche experiments to core infrastructure for...
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News•Jan 10, 2026
Memecoin Market Cratered More Than 60% in 2025: Report
The memecoin market slumped over 60% in 2025, falling from $93.1 billion to $36.5 billion by early 2026, even as the broader crypto market topped $4 trillion. Trading volume collapsed from a $20 billion peak to roughly $3 billion, indicating the sector’s reliance on short‑term...
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News•Jan 9, 2026
Polygon Leads Altcoin Surge With 15% Rally
Polygon’s native token POL surged 15% in the past 24 hours, reaching $0.15 after CEO Marc Boiron outlined the Polygon Foundation’s 2026 Open Money Stack vision. The rally extends a 49% gain over the last two weeks, though the token...
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News•Jan 8, 2026
White Whale Memecoin Surges Past $100 Million Valuation
White Whale memecoin surpassed a $100 million market‑capitalization, the first to do so in almost a year. The token rocketed 660% in the past two weeks and 40× over the last month after a community‑led takeover. Originally a joke about a...
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News•Jan 8, 2026
Bitcoin Extends Selloff as Investors Turn Cautious
Bitcoin traded near $91,000 on Jan. 8, slipping 1% in 24 hours but up 2.8% weekly, while Ether fell 1.9% daily yet rose 3.7% over the week. The total crypto market cap dipped to $3.18 trillion, down 1.1% in a day. Approximately...
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News•Jan 7, 2026
Wyoming Launches First U.S. State-Issued Stablecoin
Wyoming became the first U.S. state to launch its own dollar‑backed stablecoin, FRNT, on Wednesday. The token is issued by the Wyoming Stable Token Commission and is backed by U.S. dollar reserves and short‑term Treasury securities held in trust. Franklin...
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News•Jan 7, 2026
J.P. Morgan’s Deposit Token to Be Issued Natively on Canton Network
J.P. Morgan, Digital Asset and its Kinexys unit announced that JPM Coin (JPMD), a USD‑denominated deposit token backed by the bank’s deposits, will be issued natively on the privacy‑focused Canton Network. The rollout will occur in phases throughout 2026, allowing the...
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News•Jan 6, 2026
Kraken’s Ink Layer 2 Surpasses $500 Million in TVL
Kraken’s Ink, an Ethereum Layer 2 network, has surpassed $500 million in total value locked, climbing about 3% in a single day. The surge follows the October 2025 launch of Tydro, a white‑label Aave‑based lending protocol that now holds roughly $447 million in TVL....
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News•Jan 6, 2026
How Digital Asset Treasuries Went Mainstream in 2025
In 2025 digital‑asset treasuries (DATs) moved from niche experiments to mainstream corporate finance, with public companies treating Bitcoin, Ethereum and other tokens as core balance‑sheet assets. Strategy (formerly MicroStrategy) remained the dominant player, holding over $62 billion in Bitcoin, while newcomers...
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Deals•Dec 10, 2025
ETHZilla Takes 15% Stake in Zippy for $21M to Tokenize Manufactured Home Loans
Nasdaq‑listed ETHZilla Corporation announced a $21 million investment to acquire a 15 % fully‑diluted stake in Zippy, a digital platform for manufactured‑home loans. The deal includes cash and ETHZilla stock, and gives ETHZilla a board seat as the companies partner to tokenize...
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Deals•Dec 4, 2025
Galaxy Acquires Alluvial Finance to Boost Institutional Staking Infrastructure
Galaxy announced the acquisition of Alluvial Finance, aiming to expand its institutional liquid‑staking infrastructure. The deal will keep Liquid Collective under the oversight of its non‑profit foundation, signaling a strategic move into the crypto staking market.
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Deals•Dec 3, 2025
Ostium Labs Secures $24M Series A Funding Led by Jump Crypto and General Catalyst
Ostium Labs, a decentralized tokenized RWA exchange, announced a new Series A round raising $24 million, including a $20 million lead from Jump Crypto and General Catalyst. The round also saw participation from Coinbase Ventures, Wintermute Ventures, Crucible Capital and early users,...
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Deals•Dec 2, 2025
Sonnet BioTherapeutics Merges with Rorschach LLC to Form First HYPE Treasury Company
Sonnet BioTherapeutics announced a merger with Rorschach LLC, creating the inaugural major HYPE treasury company. The deal, valued at approximately $888 million, was approved and is expected to boost HYPE’s market presence.
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Deals•Nov 26, 2025
SpaceComputer Secures $10M Seed Funding to Build Secure Blockchain Compute Satellites
SpaceComputer announced a $10 million seed round to develop an orbital network for secure blockchain computing. The round was co‑led by Maven11 and Lattice, with participation from Superscrypt, the Arbitrum Foundation, Nascent, Offchain Labs, Hashkey, Chorus One and several individual investors.
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Deals•Nov 18, 2025
0xbow Secures $3.5M Seed Funding to Expand Privacy Pools
DeFi privacy platform 0xbow announced a $3.5 million seed round to grow its Privacy Pools technology. The round was led by Starbloom Capital and included investors such as Coinbase Ventures, BOOST VC and Status Research & Development GmbH. Funds will be used...
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Deals•Nov 10, 2025
Monad Announces $187 Million Public Token Sale on Coinbase Platform
Monad, a Layer‑1 blockchain, unveiled its tokenomics and announced a public sale of 7.5% of MON tokens on Coinbase’s new token‑sale platform, targeting a $187 million raise at a $2.5 billion valuation. The announcement sparked community backlash over allocation ratios but signals...
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Deals•Nov 7, 2025
Immunefi Announces $5M ICO on CoinList Ahead of 2026 Token Generation Event
Immunefi, the leading Web3 bug bounty firm, unveiled a public token sale on CoinList to raise $5 million, with the sale running Nov 12‑19. The offering will allocate 374 million IMU tokens at $0.01337 each, targeting a token generation event in February 2026. Proceeds...
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Deals•Oct 31, 2025
Securitize to Go Public via $1.25B SPAC Deal with Cantor Equity Partners II
Securitize announced it will become a publicly listed company through a business combination with SPAC Cantor Equity Partners II, valuing the combined entity at about $1.25 billion. The transaction is expected to list the new company on Nasdaq under the ticker...
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Deals•Oct 30, 2025
MegaETH ICO Set to Raise up to $50M as over $1B in Bids Compete for MEGA Tokens
MegaETH is closing its initial coin offering on 2025-10-30 with a $50 million cap, though more than $1 billion in commitments have been placed for MEGA token allocations. The sale is run via Sonar, allows token lockups for discounts, and...
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Deals•Oct 24, 2025
Ripple Completes $1.25B Acquisition of Hidden Road, Rebrands It as Ripple Prime
Ripple has completed its acquisition of global prime broker Hidden Road for $1.25 billion and rebranded the business as Ripple Prime. The deal expands Ripple into institutional prime brokerage and supports greater use of its stablecoin RLUSD and XRP in...
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Deals•Oct 24, 2025
Pumpfun Acquires Multichain Memecoin Trading Terminal Padre
Pumpfun has acquired Padre, a multichain memecoin trading terminal operating on Solana, Base, Ethereum, and BNB Smart Chain, expanding Pumpfun's memecoin trading stack and challenging trading bots. The deal was announced on 2025-10-24; no financial terms were disclosed.
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Deals•Oct 23, 2025
Aave Labs Acquires Stable Finance to Simplify Stablecoin Savings
Aave Labs has acquired San Francisco fintech startup Stable Finance, bringing founder Mario Baxter Cabrera and the full engineering team into Aave Labs to accelerate consumer-facing DeFi products and simplify stablecoin savings. The Stable app will be phased out as...
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Deals•Oct 23, 2025
Kalshi Raises $300M From Paradigm, Sequoia and Andreessen Horowitz
Kalshi raised $300 million from venture firms including Paradigm, Sequoia, and Andreessen Horowitz to support its crypto and on‑chain expansion. The funding backs Kalshi's push into on‑chain prediction markets and integrations such as its partnership with oracle RedStone.
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Deals•Oct 23, 2025
Hyperliquid Strategies Files S-1 to Raise up to $1B in Public Offering
Hyperliquid Strategies filed an S-1 prospectus on Oct 22, 2025 outlining plans to offer up to $1 billion in a public offering of 160 million shares to build a digital asset treasury. The filing signals the company's intent to go...
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Deals•Oct 22, 2025
DraftKings Acquires Railbird to Launch DraftKings Predictions
DraftKings announced the acquisition of Railbird as it prepares to launch a new prediction markets platform, DraftKings Predictions. Polymarket Clearing will serve as the designated clearinghouse for the product's backend infrastructure.
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Deals•Oct 22, 2025
Kinetiq Raised $1.75M From Hyperliquid‑ecosystem Investors
Kinetiq (the Kinetiq Foundation) raised $1.75 million from investors active within the Hyperliquid ecosystem, the Foundation revealed. The funding was disclosed alongside the launch of Kinetiq's KNTQ governance token and follows the protocol's rapid TVL growth since launching in July...
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Deals•Oct 21, 2025
Coinbase Acquires Echo for $375 Million to Expand On‑Chain Fundraising
Coinbase has acquired blockchain fundraising platform Echo in a cash-and-stock deal valued at approximately $375 million. The acquisition will integrate Echo’s Sonar public token sale platform into Coinbase’s on‑chain capital formation tools and bring Echo co‑founder Jordan “Cobie” Fish to...
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Deals•Oct 20, 2025
Greenlane Raises $110M Private Placement to Fund BERA DAT with Polychain Lead
Greenlane Holdings announced a $110 million private placement to fund its new BERA digital asset treasury (DAT), led by Polychain Capital and including institutional/crypto investors such as Blockchain.com, Kraken, North Rock Digital, CitizenX and dao5, supported by the Berachain Foundation....
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Deals•Oct 20, 2025
Turtle Raises $5.5M to Expand Programmable DeFi Liquidity Infrastructure
On‑chain liquidity distribution protocol Turtle raised $5.5 million, bringing total funding to $11.7 million. The capital will fund engineering hires, product infrastructure, and cross‑chain integrations; investors include GSR, FalconX, Anchorage VC and founders from Polygon, 1inch and Gnosis.
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Deals•Oct 19, 2025
Kalshi Raises $300M in Growth-Stage Financing as Prediction Markets Go Mainstream
Kalshi secured $300 million in financing as it positions itself as a regulated, institutional prediction market; the raise accompanies broader investor interest in the space as incumbents and exchanges eye the market.
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Deals•Oct 17, 2025
Stripe-Backed Tempo Raises $500M Series A at $5B Valuation
Tempo, a payments-focused blockchain developed by Stripe and Paradigm, raised $500 million in a Series A round led by Thrive Capital and Greenoaks, valuing the company at $5 billion. Additional participants included Sequoia, Ribbit Capital, and SV Angel; Stripe and...
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Deals•Oct 16, 2025
Ventuals Raises $38M in HYPE Deposits Within 30 Minutes to Fund HIP-3 Markets
Ventuals launched a HYPE liquid staking vault to fund its HIP-3 permissionless derivatives market, collecting roughly $38 million (just over 1 million HYPE) within the first 30 minutes and reaching 1.29 million HYPE by time of reporting. The launch included...
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Deals•Oct 10, 2025
Umbra Completes Oversubscribed ICO, Caps Raise at $3M After $150M+ Commitments
Privacy protocol Umbra concluded its ICO on 2025-10-10, pricing UMBRA at $0.30 and capping the raise at $3 million (roughly $8.55M FDV) after more than $150M in commitments. The token launched on secondary markets trading ~5x ICO price; the sale...
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Deals•Oct 8, 2025
Plume to Acquire Dinero to Add Liquid Staking and Compliance Infrastructure
Plume announced plans to acquire Dinero to integrate liquid staking products and compliance infrastructure into Plume’s real-world asset blockchain. The acquisition aims to strengthen Plume’s DeFi capabilities and compliance features for tokenized assets.
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Deals•Oct 7, 2025
Intercontinental Exchange Invests $2 Billion in Polymarket
Intercontinental Exchange (ICE) made a $2 billion investment in decentralized prediction market platform Polymarket, signaling major corporate backing for the sector. The investment was highlighted amid record trading volumes across prediction markets and increased mainstream partnerships.
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Deals•Oct 7, 2025
ICE Invests $2B in Polymarket to Expand Into Prediction Markets
Intercontinental Exchange (ICE) has invested $2 billion in Polymarket in a strategic corporate funding round, making ICE a global distributor of Polymarket data and supporting Polymarket's expansion into prediction markets. The partnership positions ICE to distribute Polymarket's data while providing...
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Deals•Oct 3, 2025
Orange Cap Games Acquires Moonbirds Ahead of BIRB Token Launch
Moonbirds, the NFT collection, was acquired by Orange Cap Games and is set to launch its BIRB token on Solana amid a surge in trading volume. The article notes the collection’s trading volume rose over 1,000% in 90 days and...
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Deals•Oct 2, 2025
Avalanche Treasury Co. To Merge with Mountain Lake Acquisition in $675M Deal
Avalanche Treasury Co. announced a planned $675 million merger with SPAC Mountain Lake Acquisition. The transaction includes $460 million in assets and a discounted purchase of AVAX tokens from the Avalanche Foundation, effectively bringing Avalanche Treasury public via the SPAC...
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Deals•Oct 1, 2025
IHC Backs ADI Chain to Launch Dirham-Backed Stablecoin
Abu Dhabi-based conglomerate IHC has backed ADI Chain, an L2 blockchain project building a dirham-backed stablecoin to onboard the region’s financial system onto blockchain. The backing is a corporate investment to support ADI Chain’s development and stablecoin launch; financial terms...
The Defiant