News linked to both this project and an event.
Redotpay is preparing to confidentially submit an IPO application to the US Securities and Exchange Commission by the end of the year, targeting a valuation of at least $5 billion. The company is still in talks for a Pre-IPO funding round at a valuation of $4 billion to $5 billion. Public information shows that Redotpay currently has more than 9 million customers and annualized revenue exceeding $180 million. The company also raised $194 million in 2025, with backers including the venture capital arms of Coinbase and Circle.
Mochatrade has announced a cumulative total of $5.56 million in funding, with the seed round led by CoinFund and participation from Coinbase Ventures and others; its $690,000 pre-seed round received support from Y Combinator and Pioneer Fund. The platform targets traders in India, supports INR deposits via UPI, and allows users to go long or short with leverage on the stock prices of U.S. equities such as Nvidia, Tesla, and Apple without holding the actual shares or opening a U.S. securities account. The platform is currently in beta testing, with more than 20,000 people on its waitlist, and is expected to launch publicly in the coming weeks. The funding will be used for trading technology development and user growth, and the platform plans to launch U.S. stock options, more tradable assets, and social trading features in the future. There are currently no plans to issue a token.
Odaily report: The California Department of Financial Protection and Innovation (DFPI) has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) opposing its "Regulation Crypto Assets" proposal, stating that the plan could weaken investor protection and limit state government review of issuance projects. DFPI Commissioner KC Mohseni said California opposes federal regulators undermining state-level regulatory authority and protective measures.The proposal would allow eligible issuers to raise up to $5 million over four years through a startup exemption; another crypto fundraising exemption would allow issuers to raise up to $75 million within 12 months. Relevant issuances would need to disclose project details, risks, and other information necessary for investor assessment, and some fundraisings would also require submission of financial statements and ongoing reporting.Federal securities laws still preserve states' authority to investigate securities fraud, deceptive practices, and illegal broker or dealer activities. Blockchain payments company Ripple, crypto exchange Coinbase, and exchange operator Nasdaq all support adjusting the proposal; the DFPI said its scam tracker list added nearly 200 crypto-related scams, an increase of 30% from the previous year. (Bitcoin.com News)
the Monetary Authority of Singapore has announced the expansion of the BLOOM cross-border digital currency settlement initiative, with Bank Negara Malaysia and the Bank of Thailand joining as policy-making members. BLOOM is a public-private partnership initiative covering regulated stablecoins and tokenized deposits, with participants including Mastercard, Visa, Nium, Ripple, Circle, Coinbase, Airwallex, Maybank, Monee, Shopeepay, and the World Bank Group. The initiative will study the acceptance of different forms of currency, inter-institutional contracting, settlement, and system connectivity, and will implement identity verification and sanctions screening through programmable controls, with applications spanning payments, corporate treasury, and trade finance.
Alliance General Partner Imran recently posted on X, sharing his views on a16z crypto's shift toward frontier technology sectors. He noted that a16z provided early endorsement for the crypto industry when Chris Dixon led Coinbase's investment in 2013; Marc Andreessen's 2014 New York Times op-ed "Why Bitcoin Matters" was a key factor that prompted him to transition into the Bitcoin industry. At the time, very few institutions and funds were willing to publicly support crypto, and a16z and USV were the two that took on brand risk.Imran believes that the current development of AI infrastructure has benefited considerably from Bitcoin mining infrastructure and talent flowing from crypto to AI. Shifting toward frontier tech such as robotics, biology, AI, energy, and compute means that the talent and capabilities accumulated in the crypto industry over the past decade can be used to build the entire frontier tech sector. Citing data centers as an example, he noted that public and government resistance to data centers is growing, much like earlier resistance to crypto—yet today nearly all traditional financial institutions have embraced crypto to some extent.
According to The Block, Dataline, a decentralized data network for AI agents, has announced the closing of a $10.6 million seed round, co-led by Lattice and Samsung-backed Dispersion Capital, with participation from Symbolic Capital, Coinbase Ventures, Anagram, and Robinhood CEO Vlad Tenev. The round closed in April and utilized a SAFE with token warrants, though the valuation was not disclosed. Dataline plans to launch its token by the end of the year and conduct a public sale on Base via Uniswap’s Continuous Clearing Auction (CCA) mechanism, with specific details expected to be released next week. The team hopes to make this offering the largest Uniswap CCA on Base, but has not disclosed the total raise amount or the number of tokens being sold.
Dataline, a decentralized data network project for AI agents, has announced the completion of a $10.6 million seed round, with participation from Coinbase Ventures and Robinhood CEO Vlad Tenev. The project also plans to conduct a public token sale through Uniswap's auction platform, with specific details expected to be announced next week and the token planned for launch before the end of this year.
Ethereum Institutional has announced the appointment of David Duong as its US Lead, responsible for driving collaboration with US institutional investors and helping institutions deepen their participation in building the Ethereum ecosystem. David Duong previously served as Global Head of Investment Research at Coinbase, where he led crypto market research for the exchange's institutional clients, covering areas such as macroeconomic analysis, valuation models, and market structure. He also spent 17 years in sell-side macro strategy research at HSBC, Santander, and Deutsche Bank.
Odaily Report: Bonk Guy posted on X platform stating that he is long-term bullish on USELESS becoming the next-generation representative Meme coin similar to DOGE and PEPE, mainly based on the token's trading data performance. USELESS's trading volume on Coinbase has surpassed DOGE, its trading volume on European exchange Bitvavo is close to 3 times that of DOGE, and its trading volume on Kraken is also approaching DOGE.Meanwhile, Bonk Guy stated that apart from USELESS and DOGE, no other Meme coins appear among the top 50 crypto assets by trading volume on the aforementioned three exchanges. USELESS currently has a market cap of approximately $186 million, while DOGE has a market cap of approximately $13.4 billion, a difference of about 72x between the two. Bonk Guy believes that USELESS continues to demonstrate trading activity and liquidity approaching DOGE on multiple mainstream trading platforms, but there remains a significant valuation gap.
Odaily News: Network School has announced the completion of a new funding round led by Polychain Capital, with participation from Andreessen Horowitz (a16z), Coinbase, Balaji, and others. The specific amount of the funding was not disclosed, and the project is valued at $2 billion. Olaf Carlson-Wee, founder and CEO of Polychain Capital, announced the above information at the Network State conference.
据 Fortune 报道，专注于为普通投资者构建人工智能（AI）交易代理的初创公司 Catalyst 完成 3000 万 美元种子轮融资，红杉资本（Sequoia）领投，Jump Trading、PeakXV、Lux Capital、AntiFund、Coinbase 以及 Premji Invest 参投。
Odaily News: Coinbase plans to relaunch Coinbase Pro by the end of this year, supporting spot, futures, perpetual contracts, options, and equities trading, and has completed its integration with Deribit to create the Coinbase Global exchange. Within the coming weeks, eligible traders outside the United States will gain access to options trading, with options trading expected to go live; U.S. retail traders are expected to gain access later this year. U.S. institutional clients can trade Deribit options and perpetual futures through Coinbase Prime, and use custody, financing, and staking services on the same platform.
Jeeves has announced the completion of a $110 million equity financing round. The round was led by CoinFund, with participation from Andreessen Horowitz (a16z), Coinbase Ventures, AllianceBernstein, the Singapore Government Investment Corporation (GIC), and Y Combinator.
Odaily News: Jeeves Inc. has announced the completion of a $110 million Series C funding round, led by CoinFund, with participation from AllianceBernstein, Coinbase Ventures, and Andreessen Horowitz (a16z), among others. The company is a fintech firm and plans to use the funds to launch a stablecoin wallet and AI agents, as well as to provide instant payment services in more countries.
Odaily News: Trading firm Raven has announced the completion of a strategic funding round at a $90 million pre-money valuation, with Coinbase Ventures and CMCC Global participating. Founded in 2023, Raven initially provided liquidity for crypto trading and expanded into prediction markets in the second quarter of 2025.
Odaily reports: Aave founder and CEO Stani posted on X platform that his way of measuring Aave's potential market size is "addressable collateral" — the broader the range of assets that can serve as collateral, the greater the lending market space becomes.Stani stated that Aave initially started with crypto assets, then expanded into securities through Coinbase Tokenized Stocks and Horizon RWA, and in the future will also cover assets such as solar energy, batteries, GPUs, robots, and space infrastructure. He expressed his belief that this transformation will continue through 2050, and that Aave's goal is to accelerate this process by approximately 10 years by providing financing for the assets that will drive the "Age of Abundance."
Odaily reports: Prediction market and derivatives platform OG.com Markets has submitted a rule filing to the U.S. Commodity Futures Trading Commission (CFTC) seeking to launch cash-settled perpetual futures on individual stocks with no expiration date, tradable 5 days a week, 24 hours a day.OG.com recently spun off from cryptocurrency exchange Crypto.com to become an independent platform valued at $5 billion. Coinbase, Payward's Bitnomial exchange, and Kalshi have also applied to offer U.S. single-stock perpetual futures. (Cointelegraph)
Odaily News: AI agent startup Ema has completed a $77 million Series B funding round led by Creaegis, with existing investors Accel, Section 32, and Prosus also participating. To date, the company's total funding has reached $140 million, with its valuation more than tripling compared to its previous funding round in 2024. Ema was founded in 2023 by former Google and Coinbase executive Surojit Chatterjee and former Okta executive Souvik Sen. The company deploys technology called "AI employees," which are systems capable of coordinating multiple AI agents to help enterprises execute multi-step business processes within existing applications, rather than handling only a single task at a time. It is reported that most of the new funding will be used to expand market operations, as the company previously focused primarily on product development. (TechCrunch)
stablecoin infrastructure company Bastion has received conditional approval from the U.S. Office of the Comptroller of the Currency to apply to establish a national trust bank. Founded in 2023 by two former a16z crypto executives, Bastion provides white-label stablecoin issuance, reserve custody, customer wallets, and payment infrastructure for enterprises; its investors include Coinbase Ventures, Sony Innovation Fund, and Samsung Next, and its latest funding round last year raised $14.6 million.
According to Fortune, New York-based payments company Fin.com has announced the closing of a $20 million seed round, completed in August and led by Expa and Uber co-founder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, the founder of Figure, Mesh founder Bam Azizi, Second Sight Ventures, and Gulf and African sovereign and royal family offices. Founded by Bangladeshi founder Nabeel Alamgir and Pakistani founder Mustafa Dar, Fin.com aims to solve the "last mile" challenge of converting stablecoins into local bank accounts or digital wallets, providing white-label payment infrastructure to financial institutions, consumer platforms, and prediction markets. Its client platforms collectively serve over 800 million users. The company focuses on the South Asian, African, and Middle Eastern markets, and currently maintains offices in New York, Las Vegas, Dubai, Dhaka, Bangalore, and Lahore.