Canary Capital Files S-1 For a Spot TRUMP ETF
Digital asset manager Canary Capital, a key player in the crypto industry, has filed for approval to list an exchange-traded fund for the Trump memecoin.
Ripple, Circle Back Singapore’s Tazapay In Series B Round To Scale Cross-Border Payments
Singapore-based cross-border payments firm Tazapay has secured new funding from Ripple and Circle Ventures, positioning itself as a key bridge between traditional finance and stablecoin-powered transactions.
Metamask Adds Google And Apple Social Logins For Easier Wallet Access
MetaMask has introduced a new social login feature, allowing users to create and recover wallets using Google or Apple accounts. The feature, launched on Aug. 26, replaces the need for users to manually safeguard a 12-word Secret Recovery Phrase during wallet setup. Instead, users can sign in with a Google or Apple ID and set a unique password.
Rex Shares has filed with the U.S. Securities and Exchange Commission to launch the REX-Osprey BNB Staking ETF, which would allow investors to gain exposure to BNB while earning staking rewards. The proposed fund will use a C-corporation and a Cayman Islands subsidiary to custody and stake BNB. This structure ensures compliance while distributing staking rewards, typically 3-5% annualized yield on the BNB Chain, back to shareholders in the form of dividends.
Nasdaq-Listed Kindlymd Plans $5 Billion Equity Offering For Bitcoin Treasury Push
KindlyMD has filed a shelf registration to exercise an equity offering program of up to $5 billion to fund its bitcoin treasury and other corporate operations. The company said it plans to use net proceeds to support general corporate purposes, including the expansion of its bitcoin treasury.
YZi Labs Backs USD.AI Stablecoin – Yield-Bearing
YZi Labs has announced a strategic investment in USD.AI, a stablecoin protocol designed to bring infrastructure finance (InfraFi) on-chain by providing hardware-backed credit to AI operators. The move indicates YZi Labs’ growing commitment to supporting foundational infrastructure that addresses the massive capital needs of the artificial intelligence sector.
August 26: About Ethereum and Bitcoin ETFs
On August 26, Ethereum spot ETFs recorded $455 million in total net inflows, marking four consecutive days of inflows. Bitcoin spot ETFs saw $88.2 million in total net inflows, BlackRock ETF IBIT ranked first with a net inflow of $45.34 million.
Google Cloud Has Announced The Launch Of Its L1 Blockchain
Google Cloud has announced the launch of its L1 blockchain, GCUL, which simplifies cross-border payments and asset settlements through a distributed ledger. GCUL is currently in a private testnet phase and announced a partnership with CME earlier this year to pilot tokenized assets
Donald Trump Jr.’s VC Firm Bets On Polymarket
Donald Trump Jr.’s VC firm 1789 Capital invested tens of millions in Polymarket, and he joined its advisory board. Polymarket recently acquired QCEX for $112M to obtain a CFTC license and has closed investigations with the DOJ and CFTC. Trump Jr. previously served as a strategic advisor to rival Kalshi.
BOJ to Lend Government Bonds in Morning Spot Operation
BOJ Announces Morning Operation to Lend Government Debt on the Spot in a Bid to Ensure Smooth Market Functioning and Support Liquidity Conditions.
Trump Stresses Strong Economic Sanctions on Russia to Protect U.S. Interests and Enforce International Norms
Trump on Russia: We Have Implemented Strong Economic Sanctions to Apply Maximum Pressure, Safeguard U.S. Interests, Respond to Aggressive Actions, and Encourage Compliance with International Norms.
Sui partners with Alibaba Cloud
Sui has partnered with Alibaba Cloud to introduce an AI-powered coding assistant designed for Sui Move developers. This new tool aims to enhance the development process by providing support in English, Chinese, and Korean. The collaboration seeks to streamline coding tasks and improve efficiency for developers working within the Sui ecosystem.
