Crypto VC firm Dragonfly Capital closes its fourth fund at $650 million—exceeding its $500M target.
Stripe's stablecoin firm Bridge receives conditional OCC approval for a national trust bank charter, enabling stablecoin issuance, custody, and reserve management under federal oversight.
Market Updates
Elemental Royalty Corporation (ELE), a public gold royalty firm, announces its first dividend policy (US$0.12 annual per share, paid quarterly) and becomes the first such company to let qualifying shareholders elect to receive payouts in Tether's tokenized gold, XAUT, instead of cash.
Agant registers with the U.K. FCA under anti-money laundering rules, clearing the path for launching its fully backed GBP stablecoin GBPA targeted at institutional payments and tokenized assets.
U.S. CFTC appoints 35 members to its new Innovation Advisory Committee, including Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse, to advise on crypto and financial innovation.
Bitcoin tumbled toward $65,000–$66,000, nearing last week's lows, as AI fears drove a tech sector sell-off (Nasdaq -2%, software ETF -3%) and triggered sharp plunges in precious metals (gold -3%, silver -10%).
Market Updates
Aave Labs proposes the "Aave Will Win" framework to redirect 100% of revenue from Aave-branded products to the Aave DAO treasury.