Celestia Foundation secures $100M, boosting valuation to $155M. Top investors like Bain Capital Crypto back the round. $TIA token surges 13% post-announcement, highlighting confidence in Celestia’s innovative modular network.
Grayscale XRP Trust offers a secure way for traditional investors to gain XRP exposure without using crypto exchanges, but is limited to accredited investors with higher costs and a one-year holding period. Long-term value and accessibility are key factors to watch.
40 blockchain projects raised $198.15M from Sept 14-21, 2024. Top recipients: The Open Network ($30M), Drift Protocol ($25M), Helius ($21.75M). Major investors include Bitget, Foresight Ventures, Multicoin Capital, and Foundation Capital.
SEC greenlights $BLK’s iShares Bitcoin Trust for options trading. This move is expected to boost institutional Bitcoin adoption and market volatility. Experts call it a major milestone for the cryptocurrency market, predicting more regulatory endorsements soon.
SEC approves options trading for BlackRock’s $IBIT Bitcoin ETF. This milestone highlights growing acceptance of crypto products in traditional finance and could drive mainstream adoption and new investment strategies. @BlackRock
Fal.ai secures $23M in funding from a16z, Kindred Ventures, and others to advance generative AI for media. The platform, used by over 500,000 developers, generates 50M media files daily, highlighting strong market demand and community engagement.
SBI Holdings, a @Ripple partner, joins BIS’s Project Agora with seven central banks to enhance cross-border payments via tokenization and smart contracts. Speculation arises about integrating $XRP technology, as XRP price rises by 2%.
The U.S., Indonesia, and Turkey together account for 32.95% of global interest in RWA tokenization. Ondo Finance leads U.S. traffic, while future market projections range from $1.3 trillion to $30 trillion by 2030.
RWA market cap hits $12B in 2024, doubling from last year. Key sectors: tokenized bonds ($2.2B), private lending ($8.3B TVL), commodities, stocks, and real estate. Emerging trends: tokenized air rights, carbon credits, and art.
Binance adds Hamster Kombat ($HMSTR) to Launchpool, with farming from Sept 19-25, 2024. 3% of 100B supply distributed: 85% to $BNB holders, 15% to $FDUSD holders. Trading starts Sept 26, 2024, in multiple pairs.
State Street plans to launch a Bitcoin ETF, as investor confidence grows. U.S. Bitcoin ETFs have seen net inflows surpass $17.1 billion YTD, with outflows shrinking to less than 1% of AUM. $STT $BTC
Solana Radar Hackathon offers $4M in funding opportunities from Sept 2 to Oct 8, 2024, with a $600K prize pool. Top 15 teams can access $250K in startup funding, including special awards. Join now to innovate in blockchain technology.
Huma Finance raises $38M to enhance its PayFi platform, including $10M in equity and $28M in real-world assets. Key investors: Distributed Global, Hashkey Capital, and Stellar Development Foundation. Funds to expand on Solana and Stellar Soroban networks.
$DRiP secures $8 million in seed funding from @CoinbaseVentures, @NFX, and Progression Fund. Funds will develop a mobile app and advanced tools for NFT creators on Solana. Over 550 creators have distributed 170M collectibles to 2M unique addresses.
