The company, which generated less than $10 million in revenue last year selling eyecare products, raised $134 million to bet entirely on the Sky protocol's governance token.

Institutional inflows into Bitcoin ETFs reached $93.1M last week as BlackRock and Fidelity made net purchases despite selective selling.

Cari Network is building a bank-governed tokenized deposit platform on ZKsync's Prividium stack, offering US regional lenders an onchain payments rail with stablecoin-like speed and transferability.

The deal values Abra at $750 million pre-money.

Strategy and Bitmine both announced fresh crypto buys today, while Metaplanet revealed its latest capital raise.

Day-one trading volume for ETHB on Nasdaq reached over $16.5 million.

The TradFi giant's iShares Staked Ethereum Trust ETF is its first yield-bearing exchange-traded product.

The initiative brings together a broad spectrum of well-known, global crypto firms and blockchain projects including Circle, Solana, Binance, Polygon, and Ava Labs.

While the bank has yet to confirm its plans, the move could mark a first step toward launching its own USD stablecoin.