Tag: Launch

Solana ETF Set For ‘Imminent Launch,’ Analysts Say

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ETF provider REX Shares is on the verge of launching the first-ever Solana staking exchange-traded fund (ETF), following what analysts describe as a successful response to feedback from the US Securities and Exchange Commission (SEC). “Rex also filed an updated prospectus, which totally filled in. Add it all up, and it appears as though all systems go for imminent launch,” ETF analyst Eric Balchunas said in an X post on Friday. SEC “comfortable” with the unique ETF structure ETF Store president Nate Geraci said in an X post on the…

Coinbase to Launch First CFTC-Regulated Perpetual Crypto Futures in US

Key Notes The platform becomes America’s first major exchange providing regulated perpetual derivatives, eliminating the need for offshore trading risks. Initial contracts will feature nano Bitcoin at 0.01 BTC and nano Ether at 0.10 ETH, offering leveraged exposure with capital efficiency benefits. These 5-year structured contracts include hourly funding rates and twice-daily settlements, addressing the regulatory gap that previously forced US traders overseas. Coinbase is set to launch a suite of “US Perpetual-Style Futures” trading products on July 21, 2025. This move makes Coinbase the first major exchange to offer…

Morpho and Gelato launch simple loans using crypto as collateral

Users across several blockchains can now take non-custodial, crypto-backed loans in just days, the two firms claim. DeFi is racing to close the usability gap with traditional platforms. On Wednesday, June 25, Web3 cloud firm Gelato and Defi lending protocol Morpho announced the launch of embedded crypto-backed loans. According to the two firms, the platform would be as easy to use as a banking app. Today, in collaboration with @MorphoLabs, we’re introducing Embedded Crypto-Backed Loans. A new way for wallets, exchanges, and fintech applications to offer instant, non-custodial, and web2-like…

Animoca Brands’ Flagship Project Moca Network to Launch L1 for Digital Identity

Moca Network, the identity ecosystem of Web3 investment giant Animoca Brands, is planning to introduce a layer-1 blockchain that will allow Web3 projects to identify and verify users without needing to rely on centralized platforms. Moca Chain will enable user data to be verified by applications across any blockchain, similar to the way single sign-in platforms such as Okta and Google Sign-In operate in the Web2 environment. The testnet is expected to start operating in the third quarter with the mainnet following by year-end, the Moca Foundation said in a…

Aptos and Jump Crypto Launch Shelby, a Web3 Cloud Storage Platform

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Aptos Labs and Jump Crypto have introduced a cloud-based storage network tailored for Web3 and decentralized applications — a system its creators say rivals traditional cloud services. Unveiled on Tuesday, the network — called Shelby — is a globally distributed platform powered by Aptos’ high-throughput technology. It is chain-agnostic, offering compatibility with Ethereum, Solana and other major blockchains. Shelby is built for developers who need cloud-like speed and remote access for demanding use cases, including streaming video, artificial intelligence and decentralized physical infrastructure (DePIN) applications. Aptos Labs is the creator…

$90 Billion Fiserv Partners Circle, Solana to Launch FIUSD Stablecoin Platform

Key Notes Fortune 500 payment processor Fiserv collaborates with Circle and Paxos to create bank-friendly digital dollar infrastructure. FIUSD will integrate with PayPal’s PYUSD for cross-platform transactions, enhancing merchant and consumer payment options. The launch coincides with the GENIUS Act’s Senate passage, providing regulatory clarity for USD-pegged stablecoin issuers. Fiserv is entering the stablecoin space with its own digital dollar, FIUSD, backed by Solana and Circle Internet Group. The move signals a broader shift by traditional finance toward blockchain-powered payments. The Fortune 500 firm, which processes over 90 billion transactions…

Pump.fun’s Big Launch Put On Ice Over Legal Drama

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Pump.fun’s latest delay has rattled its backers. The Solana‐based memecoin launchpad was set to raise $1 billion at a $4 billion valuation on June 25. Now, the team says the sale will slip into mid‑July. There’s no clear reason for the hold‑up, and users are on edge. Investors who queued up months ago are left wondering if they’ll ever see a token in their wallets. Token Sale Pushed Into Mid‑July According to reports on June 20, Pump.fun first hinted at raising $1 billion at a $4 billion valuation. The sale was supposed to start on June 25.…

Parataxis seals $18m deal to launch Bitcoin treasury on KOSDAQ

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Following the lead of Strategy and Japan’s Metaplanet, Parataxis is bringing Wall Street’s Bitcoin treasury strategy to Korea with an $18 million takeover of Bridge Bio, signaling deeper institutional crypto penetration. In a press release on June 20, Parataxis Holdings LLC announced its acquisition of a controlling stake in Bridge Biotherapeutics for KRW 25 billion (about $18 million). The deal, pending shareholder approval, will see the biotech outfit rebranded as Parataxis Korea, a publicly traded, Bitcoin (BTC)-native treasury company listed on South Korea’s KOSDAQ exchange. Edward Chin, Parataxis’ founder, and…

X to Integrate Financial Services, Teases 2025 Launch of X Money App

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Elon Musk’s social media platform, X, will soon integrate various financial services, enabling users to make payments and investments directly within the app. In a recent interview with the Financial Times, X CEO Linda Yaccarino said the platform’s estimated 600 million users will eventually “be able to transact [their] whole life on the platform,” from sending money to managing investments. The company is also considering launching an X-branded credit or debit card, potentially later this year. X.com is estimated to have 611 million monthly active users as of 2025. Source:…

SPK Token Crashes Over 70% After Launch as Airdrop Recipients Trigger Selloff

Key Notes SPK lost over 70% in value within hours of its June 17 listing. Over 300 million tokens were sold quickly by airdrop recipients. Spark holds $8 billion in TVL but faces questions on tokenomics. SPK, the native token of Spark, plummeted over 70% within hours of its June 17 debut on exchanges such as Binance, KuCoin, Bybit, and Bitget. After opening near $0.177, the token fell sharply to around $0.050 as airdrop recipients rapidly offloaded holdings. The drop erased more than $120 million in market value and raised…