News & Research

Matrixport, a digital assets financial services platform, announced on X that its investment arm, Matrixport Ventures, has allocated $3 million to tokenized gold via Matrixdock’s XAUm. The token is fully backed by 99.99% gold accredited by the London Bullion Market Association (LBMA) and is part of Matrixport’s strategy to support the digital evolution of real-world assets (RWAs).

A joint venture between Deutsche Bank’s asset management arm DWS, crypto market maker Flow Traders and digital asset firm Galaxy has secured an e-money institution (EMI) license from Germany’s Federal Financial Supervisory Authority (BaFin) to issue EURAU, the country’s first regulated euro-denominated stablecoin, according to CoinDesk. Issued under the EU's Markets in Crypto Assets (MiCA) framework, EURAU will be fully collateralized and provide institutional-grade transparency through proof-of-reserves and regulatory reporting.

A U.S. bankruptcy judge has ruled that the lawsuit filed by bankrupt crypto lender Celsius against Tether can move forward, rejecting key parts of Tether’s motion to dismiss, according to Cointelegraph. Celsius alleges Tether improperly liquidated over 39,500 BTC worth $4 billion during the crypto lender’s collapse in 2022, violating contract terms and U.S. bankruptcy law. The court found sufficient U.S. ties for jurisdiction, allowing key claims of breach of contract and fraudulent transfer to proceed.

An anonymous whale address beginning with 0x859e deposited 35 million H tokens ($2.7 million) to multiple exchanges roughly 12 hours ago, amid a 78% price surge in the past 24 hours, according to Lookonchain on X. Notably, Jump Trading — a strategic investor and market maker for H — had previously received 25 million H at launch and later transferred 8 million tokens to exchanges.

Crypto analyst @ahboyash reported on X that as of mid-2025, only three out of 56 venture capital (VC)-backed tokens listed this year — Kaito, Story Protocol and Walrus — have surpassed a fully diluted valuation (FDV) of $1 billion. While VCs typically invest $20–100 million at seed-stage valuations and face three-year lockups post-token generation event (TGE), many of these tokens are now trading below their last fundraising valuations, leaving investors underwater.

The supply of Bitcoin held on exchanges has fallen below 15% for the first time since 2018, Cointelegraph reported. Over-the-counter (OTC) balances have also fallen by 21% since January, constricting supply and putting upward pressure on the Bitcoin unit price.

Binance Exchange founder and former CEO Changpeng Zhao (CZ) revealed on X that he personally donated $10 million in BNB to Vitalik Buterin's open-source biotech efforts a few months ago. Zhao also mentioned recent donations to other charities, with results to be shared soon.

Tuttle Capital has submitted an amendment to the U.S. SEC to set July 16 as the effective date for its proposed 2x leveraged meme coin ETF, according to Bloomberg analyst Eric Balchunas on X. While the change doesn’t guarantee a launch, effective dates often coincide with ETF debuts. Tuttle initially filed for the ETF in January and has also adjusted dates for several other crypto-related funds.

The Boba Governance Foundation, which oversees the layer-2 blockchain solution Boba Network, has secured a $70 million investment from Awaken Foundation and LDA Capital to support its development and expansion, according to Decrypt. The funds will be used to improve core infrastructure, grow the developer ecosystem and advance AI-powered decentralized applications. The foundation also reached an agreement with the FTX Recovery Trust regarding BOBA tokens.

Public companies increased their Bitcoin (BTC) holdings by 18% in Q2, acquiring about 131,000 BTC, surpassing ETFs for the third consecutive quarter, according to CNBC. This trend reflects a push to follow the Strategy playbook in a more crypto-friendly regulatory environment under the Trump administration. While ETFs remain the largest collective holders of Bitcoin, companies are using BTC treasuries to boost shareholder value. Analysts expect this strategy to fade over time as Bitcoin adoption becomes more mainstream.