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Alliance, formerly known as the DeFi Alliance, is the leading Web3 accelerator and founder community. It helps the top 1% of Web3 founders to start and grow their companies through a 9-week program led by experienced Web3 experts. The Alliance DAO community comprises of fellow founders, lawyers, auditors, liquidity providers, market makers, and more.

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South Korea Establishes AI Data Center Industry Alliance

According to Yonhap News Agency, the South Korean government and industry have established an AI Data Center (AIDC) alliance, planning to develop AI data centers into a next-generation export industry through public-private partnerships.

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RL1 Blockchain Network Launches Operations, Underlying Platform Processes Over €700 Million in Transactions in Three Years

Odaily Planet Daily: Ten European financial institutions have jointly launched Regulated Layer One (RL1), a network established as a European Cooperative in Luxembourg that has commenced operations, targeting regulated financial markets and tokenized assets. RL1 founding members include ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures, and Seturion. RL1 stated that each member holds equal decision-making power over the network's governance and development. This permissioned private network is built on infrastructure developed by German fintech company Secure Worldwide Interbank Asset Transfer (SWIAT), which has transferred ownership of the network to the cooperative. SWIAT stated that during its three-year production phase, the platform processed over 50 transactions with a total value exceeding €700 million. RL1's intended use cases include digital currencies, tokenized bonds, collateral, and blockchain-based settlement. RL1 will be led by former SWIAT Managing Director Henning Vollbehr. KfW and L-Bank will continue to support the initiative, and RL1 is in discussions with additional institutions such as NatWest regarding joining the network.

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Visa Reports $11.6 Billion in Third Fiscal Quarter Revenue, Discloses Stablecoin Platform and OpenUSD Plans

payment company Visa has announced its fiscal third-quarter 2025 revenue of $11.6 billion, a 14% year-over-year increase, driven by double-digit growth in payments volume, cross-border transaction volume, and processed transactions. The company stated that cross-border transaction volume grew 13% year-over-year, or 12% excluding intra-European transactions, while processed transactions increased by 10%. During the earnings call, Visa indicated it is investing in multiple layers of the stablecoin ecosystem, covering blockchain, issuance, wallets, infrastructure, orchestration, and applications. The company noted that during the quarter, it made progress in both the issuance and application layers. Visa has joined the OpenStandard Alliance, which plans to issue an OpenUSD stablecoin for global fund flows. Visa's stablecoin platform aims to support partners in settling with Visa using stablecoins, providing on-chain wallet-as-a-service infrastructure, and facilitating fund transfers between fiat currencies and stablecoins, initially starting with OpenUSD. The platform will also integrate with Pismo to support tokenized deposits for financial institutions and plans to add third-party tokenized deposit infrastructure providers in the future. Visa also stated that stablecoins and AI are complementary technologies, and that agentic commerce will expand its addressable market and drive future growth.

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Kraken Opens Jersey Mike's IPO Subscription and Tokenized Stock Application to Retail Investors

: Crypto exchange Kraken has opened subscription for Jersey Mike's planned IPO to retail investors. Eligible U.S. users can apply to subscribe to book-entry shares at the IPO price, while users in over 110 countries and regions can apply for tokenized stock JMKEx. JMKEx is backed 1:1 by the underlying stock and custodied with regulated institutions. Allocation results are determined by the IPO underwriters, and a successful allocation is not guaranteed; after the IPO completion, JMKEx will be tradable on Kraken and participating xStocks Alliance platforms 24 hours a day, 5 days a week. Kraken stated that the tokenized stock can be transferred between platforms participating in the xStocks Alliance, on-chained, and accessed via compatible decentralized finance applications. Jersey Mike's is a U.S. sandwich chain brand with over 3,300 stores. Its expected IPO price is between $21 and $25 per share, and it will be listed on the New York Stock Exchange under the ticker JMKE.

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El Salvador 2027 General Election Opposition Candidate Emerges, Bukele's Bitcoin Strategy Faces Political Test

According to BeInCrypto, El Salvador's two major opposition parties have officially nominated candidates for the February 2027 presidential election: the Nationalist Republican Alliance (ARENA) nominated former legislator Maytee Iraheta, while the Farabundo Martí National Liberation Front (FMLN) nominated doctor and union leader Rafael Aguirre. Both candidates clearly oppose Bukele's Bitcoin strategy, characterizing it as a fiscal failure. However, Bukele's approval rating remains as high as 94%, and his New Ideas party has also completed nominations, holding a clear advantage for re-election. It is worth noting that El Salvador revoked Bitcoin's legal tender status in February 2025 after reaching a $1.4 billion loan agreement with the IMF, restoring the US dollar as the sole official currency, but the government still maintains the plan to purchase approximately 1 Bitcoin per day, with holdings reaching approximately 7,730 BTC as of July 27.

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Jensen Huang: Establish Open Security AI Alliance to Strengthen Cyber Defense Capabilities with Open Models

NVIDIA CEO Jensen Huang stated that attackers have begun using frontier AI, and defenders similarly need to establish a frontier AI ecosystem composed of the best open-source and closed-source models, and leverage the global community to enhance defense capabilities.

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Bitcoin Security Alliance Officially Established, Nine Major Institutions Pledge $15 Million Over Three Years

According to the official press release, Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets, Galaxy, and Strategy, nine leading financial institutions and Bitcoin companies, jointly announced the establishment of the Bitcoin Security Consortium on July 23, 2026. The members independently committed to contributing a total of $15 million over the next three years to support long-term security research for the Bitcoin network, with a focus on development work in the field of post-quantum cryptography. The consortium's daily affairs are coordinated on a voluntary basis by Brink Executive Director Mike Schmidt; it will not intervene in protocol development or specific change decisions and will regularly release Bitcoin security status reports to investors and the public.

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AI startup CuspAI completes nearly $500 million financing round and announces establishment of AI Material Foundry Alliance

According to Bloomberg, UK startup CuspAI, founded just two years ago, has raised nearly $500 million, with its core bet being the use of artificial intelligence to improve semiconductor production processes. On Monday, CuspAI announced the establishment of the "AI Materials Foundry," an alliance that brings together more than 48 tech companies, industrial companies, and research institutions, with members including NVIDIA, Meta, and Hyundai Motor Group.

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Circle's stock price fell from $260 to $62, and Heath Tarbert stated that the company will focus on long-term development

: In an interview this week, Circle President Heath Tarbert responded to questions about the stock price falling from $260 to $62, stating that the company is focusing on long-term development. If it can fulfill its mission of building a full-stack internet platform infrastructure, the stock price will ultimately reflect that value in the long run. Addressing the new competition posed by the Open USD Alliance, which consists of 140 companies including Visa, Stripe, Mastercard, and Google, Heath Tarbert noted that USDC, as a stablecoin natively supporting 34 blockchains, has built a network effect with a circulating supply of $73 billion that is extremely difficult to replicate. Discussing the difference in market position compared to Tether, he stated that USDC is the world's largest regulated stablecoin and boasts the highest real transaction volume.

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Taiwan's Largest Virtual Currency Merchant CoinThink Technology Money Laundering Case Sentencing Announced, Mastermind Sentenced to 22 Years

According to reports from Lianhe Zaobao, Taiwan's largest virtual currency merchant, Bixiang Technology, colluded with fraud groups to launder 2.3 billion New Taiwan Dollars (approximately 92.13 million Singapore Dollars). The Shilin District Court issued a first-instance verdict on July 16. The mastermind, company head Shi Qiren, who had a background in the Tiandao Alliance gang, was sentenced to 22 years in prison, and criminal proceeds exceeding 43.71 million New Taiwan Dollars were confiscated. It is reported that Shi Qiren was the head of the Taiwan region of the offshore virtual asset exchange CoinW (CoinWin). Since CoinW had not completed the anti-money laundering compliance registration with the Taiwan Financial Supervisory Commission, he acquired Bixiang Technology, which had passed the compliance declaration, as a shell company for 19.2 million New Taiwan Dollars in October 2023. Subsequently, 45 physical stores were opened across Taiwan to illegally sell Tether (USDT), collaborating with fraud groups to deceive the public through methods such as fake investments, fake friendships, and fake recruitment. Between January 2024 and April 2025, a total of 1,539 victims suffered losses, with the defrauded amount reaching 1.275 billion New Taiwan Dollars, and the overall money laundering amount exceeding 2.3 billion New Taiwan Dollars.

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Nomura Securities: May Package Substrate Shipments Up 36% YoY to Hit Record High, Rubin Mass Production and HBM4 Technology Roadmap Become Focus

According to TechFlow Research, on July 14, 2026, Nomura Securities released a research report citing data from Japan's Ministry of Economy, Trade and Industry. Japan's packaging substrate shipment value in May reached 27.8 billion yen, a year-on-year increase of 36%, hitting a record high; shipment area increased by 10%, and the average price rose 23% to 1.356 million yen per square meter. The report pointed out that NVIDIA Rubin packaging demand will ramp up this summer (at latest by August), but the variable worth paying more attention to is that Rubin Ultra may shift from a four-die structure to a dual-module structure, as well as the large interposer integration challenges brought by HBM4 wiring upgrades. Intel released EMIB-T technology at ECTC, expected to complete mass production readiness in 2026, capable of integrating up to 12 HBM4 units under an interposer-less solution, with power supply voltage drop improved by 68-80% compared to EMIB; TSMC maintains its lead relying on 3DFabric Alliance and advantages in power delivery and heat dissipation. Nomura Securities believes that the core battlefield of the next-generation packaging competition lies in power delivery, heat dissipation, CPO, and 3D hybrid bonding, and excess returns in the packaging substrate industry will come from the ability to bind to customer technology roadmaps.

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Bybit Baskets Bot Alliance Now Live

Bybit’s Baskets Bot Center has been launched, allowing users to browse a curated selection of recommended portfolio strategies and configure a one-stop portfolio management setup with a single click.Whether users aim to diversify their crypto asset holdings through Crypto Baskets or enter the TradFi market with TradFi Baskets, the Baskets Bot Center makes it easier than ever to discover, deploy, and manage portfolio strategies.Baskets Bot Types:- Crypto Baskets: Build a diversified cryptocurrency portfolio with a single bot, enabling automated rebalancing across multiple crypto assets.- TradFi Baskets: Effortlessly enter traditional financial markets with automated portfolios covering stocks, indices, gold, forex, and more.No complex setup required—users simply select a strategy that matches their investment preferences to set up a bot with one click, making automated trading accessible.Additionally, Bybit is launching limited-time campaigns, trading challenges, and exclusive rewards designed specifically for Baskets Bot users.

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Open USD (OUSD) Alliance Sparks Controversy After Announcing Members; Samsung, Dunamu, and Other Korean Companies Claim No Formal Consultation

Open Standard announced the launch of the USD stablecoin Open USD (OUSD) and plans to go live within the year, stating that over 140 financial and payment-related institutions are participating, including Visa, Mastercard, BlackRock, Samsung Electronics, Dunamu, Hanwha, and others. However, several South Korean companies stated that they had not previously conducted formal negotiations with the issuer; some institutions only responded that they could evaluate after the project matures, but were subsequently listed as alliance members.

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Ethereum Institutional offers free Ethereum consulting for banks and asset management firms

Ethereum Institutional, a non-profit organization founded by several former Ethereum Foundation employees, launched in 2026. It aims to provide banks and asset management firms with a single point of contact for entering the Ethereum ecosystem, covering Ethereum, Layer 2 networks, and their application stack. Ethereum Institutional was founded by David Walsh, Marius Smith, and Matthew Dawson. It was initially incubated within the Ethereum Foundation before becoming an independent operation. The organization states it does not charge advisory or consulting fees and operates under a non-profit structure to avoid favoring specific vendors or products. Ethereum Institutional stated that it collaborates with Ethlabs, Etherealize, and the Enterprise Ethereum Alliance. Its role is to handle institutional needs and explain Ethereum's value proposition to banks, while Ethlabs focuses on translating those needs into technological products.

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Nearly 100 Catholic leaders oppose Clarity Act, warning it may weaken safeguards against illicit finance and human trafficking

Nearly 100 Catholic leaders representing church groups across the United States have sent a letter to Senate Majority Leader John Thune and Democratic Leader Chuck Schumer, opposing certain provisions of the cryptocurrency market structure bill, the "Clarity Act," currently under discussion. They argue that it could weaken regulatory capabilities to combat illegal financial activities related to human trafficking.The Alliance to End Human Trafficking, supported by Catholic organizations, stated that a specific clause in the bill could make it more difficult for regulators to oversee illicit financial flows linked to human trafficking and other crimes.The letter states that the Catholic Church has long advocated that economic systems and markets should ultimately serve people, especially the poor, the vulnerable, and those most susceptible to exploitation. The organization stated that while it recognizes the potential of emerging financial technologies and supports responsible innovation, innovation should not come at the expense of human dignity and public accountability.

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Avalanche Launches Payment Ecosystem Alliance, with 28 Organizations Already Onboard

Avalanche announced the launch of the Avalanche Payments Collective, with 28 organizations already joining the coalition to build payment infrastructure on the Avalanche network. The coalition aims to integrate multiple domains, including settlement, stablecoins, capital infrastructure, foreign exchange, asset management, compliance, and global payments. Members include Franklin Templeton, VanEck, WisdomTree, Paxos, Kraken, Anchorage Digital, Ethena, and the Wyoming Stablecoin Committee.

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Alliance Co-founder: A team of former Anthropic employees has been assembled, currently developing a project at the intersection of Crypto, AI, and Trading

Imran Khan, co-founder of Alliance, posted on X: "There is a project team within Alliance composed of former Anthropic team members, exploring a very interesting niche focused on the intersection of cryptocurrency, trading, and AI. The potential and market size of this direction are much larger than they appear on the surface. We will share more details soon, so stay tuned."

Binance will cease support for 23 stock trading pairs today.

According to the official announcement, following recent reviews, Binance will delist the following stocks on June 5, 2026, at 19:00 (UTC+8): AllianceBernstein (AB), Alliance Resource Partners (ARLP), Black Stone Minerals (BSM), CrossAmerica Partners (CAPL), Cheniere Energy Partners (CQP), Delek Logistics Partners (DKL), Dorchester Minerals (DMLP), Enterprise Products Partners (EPD), Energy Transfer (ET), Genesis Energy (GEL), Global Partners (GLP), Icahn Enterprises (IEP), Martin Midstream Partners (MMLP), MPLX (MPLX), NGL Energy Partners (NGL), Natural Resource Partners (NRP), Plains All American Pipeline (PAA), Sub

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Kraken to Open U.S. IPO Offering Price Subscription to Global Retail Investors via xStocks

According to The Block, Payward—the parent company of Kraken—announced that it will open up access to IPO offering-price subscriptions for U.S. publicly traded companies to Kraken users and select partner platform users via the xStocks framework in the coming weeks. Users may submit non-binding subscription indications prior to listing; Payward will aggregate demand and coordinate with underwriting syndicates to allocate tokenized shares at the offering price on the listing day. These stock tokens are fully backed 1:1 by the underlying equities held in custody by regulated entities and are tradable across blockchains including Ethereum, Solana, and TON. Payward stated that it plans to expand into additional markets and onboard more partners to the xStocks Alliance in the future.

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KRW Stablecoin Alliance Accelerates Formation Amid Intensive Partnerships Between Banks and Fintech Giants

According to Yonhap News Agency, despite the absence of finalized legislation on the Korean won (KRW) stablecoin, major South Korean banks and fintech companies have accelerated efforts to form alliances. KB Kookmin Bank plans to collaborate with Toss, with KB taking the lead in issuance and Toss handling circulation; Shinhan Financial Group continues its collaboration with Samsung Financial; Woori Bank and NH Nonghyup Financial Group are currently considering Kakao’s partnership proposal; Hana Bank has already invested 1 trillion KRW in Dunamu and is jointly building South Korea’s largest stablecoin ecosystem with Naver. Meanwhile, the Bank of Korea is advancing the “Han River Project,” a pilot program for tokenized deposits. If this project launches rapidly, it could fuel claims that KRW stablecoins are unnecessary, further delaying related legislative progress.

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