Featured News

1.SharpLink Gaming Deposits 2993 ETH into Coinbase Prime, Worth About $7.28 Million

2.Dinari Subsidiary Becomes the First in the U.S. to Offer Tokenized Stock Service Platform

3.Coinbase to Launch U.S.-Based Perpetual Contracts on July 21

4.White House Digital Asset Policy Advisor: U.S. is Working on Building Infrastructure for a Strategic Bitcoin Reserve

5.Coinbase Stock Price Reaches Highest Level Since 2021 Listing

Articles & Threads

1. "Silicon Valley vs. Washington, Polymarket and Kalshi Fight for Survival"

Recently, Kalshi announced the completion of a $185 million Series C funding round led by Paradigm, valuing the company at $2 billion; at the same time, Polymarket is preparing to close a round of nearly $200 million in funding, surpassing a $10 billion valuation. News of funding in the prediction platform space frequently surfaces, inevitably leading people to think about the competition and tension between platforms, a showdown over the future of information pricing rights that is quietly unfolding.

2. "Moving to Wyoming, Can Kraken Take the Baton from Circle to Create the Next Billion-Dollar IPO?"

After Circle went public, everything started to accelerate. On June 5, Circle was first listed on the NYSE. In less than three weeks, its stock price surged nearly tenfold, which can be seen as the most symbolic event in the crypto industry in the past five years. Capital finally re-acknowledged the financial nature of "crypto," especially for those companies that have both a compliance path and a clear growth logic. In fact, back in March of this year, Kraken had already disclosed its listing plans to the public, but it was only after Circle's successful listing that everything was revalued by the market. Recently, the crypto exchange platform founded in 2011 and headquartered in San Francisco announced that it would officially relocate its headquarters to Cheyenne, Wyoming. The reason is the state's clarity and openness in digital asset policies, which will help Kraken establish a public-market-oriented compliance tone and strategic positioning. This is not just a geographical migration but also signifies that Kraken is transitioning from a "participant in the decentralized narrative" to a "builder of the institutional financial system."

Major Funding News

YZi Labs Announces Investment in Decentralized Entertainment Platform MEET48

On June 26, according to official sources, YZi Labs announced its investment in MEET48, a decentralized entertainment platform from the BNB Chain MVB (Most Valuable Builder) accelerator, aimed at addressing challenges in fan interaction through a token-driven solution. This round of funding will accelerate MEET48's development and further enrich its Web3 fan experience through virtual concerts, idol training games, and real-world events.

Founded in 2022, MEET48 combines the idol economy with blockchain technology to empower fan communities and build deeply engaging interactive scenarios between the virtual and real worlds. The project aims to create a "fan universe" governed by the community, decentralized driving, where fans are not just spectators but participants and decision-makers.

By introducing the IDOL token for voting and reward mechanisms, fans have a greater sense of participation and control in the idol's growth journey. The platform integrates functions such as a virtual concert platform, idol training system, real-world events, and decentralized governance. The goal is to use Web3 tools to address pain points in the traditional entertainment industry, such as "passive fan participation" and "artists' lack of autonomy," achieving a win-win-win new ecosystem for fans, idols, and platforms.

Market Data

Daily overall market funding heat (reflected by funding rates) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocking

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