Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
Mega Matrix Inc. (MPU), a publicly traded holding company, has filed a $2 billion shelf registration with the SEC to establish a corporate treasury centered on ENA, the governance token of the Ethena protocol. This move aims to be the first of its kind for a publicly traded company. MPU’s strategy is to earn yield … Read more
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to approve the 21Shares Spot SUI ETF. According to a recent filing, the SEC is extending its review period and will now accept public comments on the proposed rule change, which would allow the ETF to be listed on Nasdaq. The final … Read more
A new wave of real-world asset (RWA) tokenization could be on the horizon, with Pokémon trading cards as the next major asset class to move onto the blockchain. According to Bitwise research analyst Danny Nelson, this could bring the massive $21.4 billion market to the blockchain, creating a “sticky” innovation that breaks into the mainstream. … Read more
The design software company Figma has revealed that it holds $91 million in Bitcoin, but its leadership is quick to clarify that this is a cautious, diversified investment rather than a major shift in strategy. During its second-quarter earnings call, CFO Praveer Melwani stated that the company’s Bitcoin position is held in an exchange-traded fund … Read more
Maple Finance, an asset management firm, has seen its yield-bearing stablecoin, SyrupUSDC, surpass a $1 billion market capitalization. This milestone, reached on Wednesday, September 3, reflects a significant increase in demand for institutional-grade yield within the decentralized finance (DeFi) space. According to Maple’s CEO, Sidney Powell, the surge in SyrupUSDC’s supply signals that institutional investors … Read more
A Dogecoin ETF could be the next major crypto fund to hit the market, according to a Thursday post by Bloomberg analyst Eric Balchunas. The ETF issuer REX Shares has filed an effective prospectus with the U.S. Securities and Exchange Commission (SEC) for a Dogecoin ETF, suggesting a potential launch under the Investment Company Act … Read more
Pump.fun, a well-known Solana-based platform for launching memecoins, has released a major update called Project Ascend that is revolutionizing its creator economy. The new system is designed to significantly increase payouts for creators and has already led to a massive surge in platform activity. Project Ascend introduces a dynamic fee model that gives creators a … Read more
Fireblocks, a key player in crypto infrastructure, has introduced the Fireblocks Network for Payments. This new platform is designed to make it easier for financial and crypto companies to move stablecoins between each other and develop stablecoin-based products. The network has already attracted over 40 participants, including major players like Stripe‘s recent acquisition, Bridge, and … Read more
The Russian Finance Ministry is looking to make cryptocurrency trading more accessible for average citizens by reducing the strict income and wealth requirements that currently limit who can participate. The proposal, announced by Financial Policy Director Alexey Yakovlev, seeks to lower the high financial bar for being an “especially qualified” investor. Currently, individuals need to … Read more
On September 5th, the U.S. Securities and Exchange Commission (SEC) announced proposed rule changes aimed at creating a “safe harbor” for cryptocurrency companies. This initiative, led by SEC Chair Paul Atkins, seeks to ease the regulatory burdens that crypto businesses currently face. The proposed framework specifically targets broker-dealer rules, offering more operational flexibility and reducing … Read more