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Project Overview
Edge is a novel Synchronous Orderbook Liquidity layer that unifies cross-chain liquidity in DeFi. Liquidity from supported Edge chains is fused together, aggregated at the Vertex sequencer level and settled locally on-chain to the origin base layer of a cross-chain Vertex instance.
AI Data Analysis Platform Polysights Raises $1.5 Million in Pre-Seed Funding, with YZi Labs Among Participants
Polymarket-backed AI data analysis platform Polysights announced the completion of a $1.5 million Pre-Seed funding round, with participation from YZi Labs, Maven11, Varys Capital, Contribution Capital, and Edge Ventures. The platform is currently in its Beta stage, and the new funds will support its use of AI technology to detect wallet clustering behavior, abnormal market fluctuations, and potential insider trading signs, providing data analysis support for traders, research institutions, and institutional investors (CNBC).
Datavault AI to Raise $2 Billion to Expand GPU Edge Computing Network
According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.
Bernstein: CLARITY Act Yield Compromise to Strengthen Circle's Competitive Edge
Odaily. Bernstein stated in its latest research report that the newly reached compromise on stablecoin yields under the U.S. CLARITY Act is structurally beneficial for Circle and the USDC ecosystem.The report notes that the current version of the bill prohibits stablecoin issuers from paying interest to passive holders that is "economically equivalent" to bank deposits, but allows reward mechanisms tied to actual transaction, payment, and usage activities to continue. Bernstein believes this means Circle's current model, which relies on partners like Coinbase to provide USDC reward programs, will gain regulatory recognition, while also limiting the industry's ability to compete for market share through high yields.Bernstein points out that the bill effectively reinforces the positioning of stablecoins as "payment tools" rather than "deposit substitutes," helping to protect Circle's current business model that relies on reserve income. The firm maintains an "Outperform" rating for Circle with a $190 target price.Data shows that the total global supply of dollar-pegged stablecoins has surpassed $300 billion, with USDT and USDC collectively accounting for approximately 97% of the market share. Bernstein notes that USDC's share in on-chain payments and wallet transfers is steadily increasing, and its share of payments in the AI Agent payment protocol x402 has exceeded 99%.Additionally, Bernstein mentioned that Circle's ARC chain has cumulatively completed 244 million testnet transactions. The ARC token pre-sale previously raised $222 million, with investors including a16z crypto, Apollo Funds, ARK Invest, and BlackRock.However, the report also points out that the CLARITY Act still needs to complete multiple legislative procedures before it takes effect, including a 60-vote threshold in the full Senate and coordination with the House version. Polymarket currently estimates its probability of passage by 2026 at approximately 62%. (The Block)
Digital asset financial services firm Tok-Edge will launch a crypto hedge fund and raise $100 million
Digital asset financial services firm Tok-Edge announced the launch of a cryptocurrency hedge fund targeting institutional investors, with a $100 million first-close target for 2026. Tok-Edge had previously operated in “stealth mode.” The fund’s long-term objective is to build a compliant crypto-asset allocation infrastructure for institutional investors. Its initial size stands at $21 million, backed by veteran traditional finance investor Marcus Meijer and his investment consortium, which intends to serve as the cornerstone investor with a $10 million commitment.
Malaysia Revises Civil Servant Asset Rules: Raises Shareholding Limits and Includes Digital Assets in Regulatory Framework
According to The Edge Malaysia, Malaysia has announced a comprehensive revision of its civil servants’ stockholding and asset declaration system. Per the latest notice issued by the Malaysian Public Service Department, civil servants may invest in shares of companies registered in Malaysia; however, their shareholding must not exceed 5% of the company’s paid-up capital or RM300,000 in total value—whichever is lower. Compared to the previous cap of RM100,000, the new limit represents a significant increase. At the same time, the revised rules introduce a cumulative shareholding cap. Notably, digital assets are included in the regulatory framework for the first time, with an explicit emphasis on transparency and accountability in civil servants’ investment activities—to keep pace with evolving financial markets and investment instruments.
Bernstein: CLARITY Act Yield Compromise to Strengthen Circle's Competitive Edge
Odaily. Bernstein stated in its latest research report that the newly reached compromise on stablecoin yields under the U.S. CLARITY Act is structurally beneficial for Circle and the USDC ecosystem.The report notes that the current version of the bill prohibits stablecoin issuers from paying interest to passive holders that is "economically equivalent" to bank deposits, but allows reward mechanisms tied to actual transaction, payment, and usage activities to continue. Bernstein believes this means Circle's current model, which relies on partners like Coinbase to provide USDC reward programs, will gain regulatory recognition, while also limiting the industry's ability to compete for market share through high yields.Bernstein points out that the bill effectively reinforces the positioning of stablecoins as "payment tools" rather than "deposit substitutes," helping to protect Circle's current business model that relies on reserve income. The firm maintains an "Outperform" rating for Circle with a $190 target price.Data shows that the total global supply of dollar-pegged stablecoins has surpassed $300 billion, with USDT and USDC collectively accounting for approximately 97% of the market share. Bernstein notes that USDC's share in on-chain payments and wallet transfers is steadily increasing, and its share of payments in the AI Agent payment protocol x402 has exceeded 99%.Additionally, Bernstein mentioned that Circle's ARC chain has cumulatively completed 244 million testnet transactions. The ARC token pre-sale previously raised $222 million, with investors including a16z crypto, Apollo Funds, ARK Invest, and BlackRock.However, the report also points out that the CLARITY Act still needs to complete multiple legislative procedures before it takes effect, including a 60-vote threshold in the full Senate and coordination with the House version. Polymarket currently estimates its probability of passage by 2026 at approximately 62%. (The Block)
Digital asset financial services firm Tok-Edge will launch a crypto hedge fund and raise $100 million
Digital asset financial services firm Tok-Edge announced the launch of a cryptocurrency hedge fund targeting institutional investors, with a $100 million first-close target for 2026. Tok-Edge had previously operated in “stealth mode.” The fund’s long-term objective is to build a compliant crypto-asset allocation infrastructure for institutional investors. Its initial size stands at $21 million, backed by veteran traditional finance investor Marcus Meijer and his investment consortium, which intends to serve as the cornerstone investor with a $10 million commitment.
ByteDance Launches Seed STEM Scientist Program, Inviting 100 Scholars to Empower Scientific Research with AI
ByteDance has officially launched the Seed STEM Scientist Program, planning to invite 100 outstanding scholars in cutting-edge scientific fields for industry-academia-research collaboration, leveraging artificial intelligence technology to accelerate exploration and breakthroughs across various scientific domains. The program is led by ByteDance's Seed Edge research team, offering sufficient computing resources and competitive compensation, with two participation roles available: Scientist Advisor and Doctoral Intern. The initial project cycle is approximately 6 months, with the work location set in Beijing's Haidian District. The talent application channel remains open until September 30, 2026. (IT Home)
Jensen Huang's personally worn and signed leather jacket sold for $960,000, 16 times the highest estimate
According to reports from Radio Television Hong Kong citing Sotheby's, a Tom Ford black leather jacket worn and signed by Nvidia CEO Jensen Huang sold for $960,000 at a charity auction in New York, 16 times the pre-auction high estimate of $60,000. The lot was previously estimated at $40,000 to $60,000. Sotheby's records indicate that Huang wore this leather jacket while attending Hon Hai Technology Day on October 18, 2023. PSA confirmed its provenance through on-site photos, and the inner signature was authenticated by James Spence Authentication. The auction was initiated by Long Journey Ventures, and the proceeds will be donated to the non-profit organization Edge Institute to support grants and residency programs for young innovators.
韩国拟设"未来应对基金"，利用半导体税收红利推动增长与均衡发展
据 The Edge Malaysia 报道，韩国总统幕僚长姜勋植于 7月 5 日表示，李在明政府计划利用半导体热潮带来的额外税收收入设立"未来应对基金"，用于支持三大超级项目（半导体、物理 AI、数据中心）、培育新增长动能、应对"K 型"经济极化，并为 20至 30 岁年轻群体提供住房、创业及就业支持。三星电子、SK 海力士及政府机构计划为上述项目投入数千亿美元，旨在强化韩国在芯片与 AI 领域的全球竞争力，并推动首都圈以外地区的均衡发展。
AI Data Analysis Platform Polysights Raises $1.5 Million in Pre-Seed Funding, with YZi Labs Among Participants
Polymarket-backed AI data analysis platform Polysights announced the completion of a $1.5 million Pre-Seed funding round, with participation from YZi Labs, Maven11, Varys Capital, Contribution Capital, and Edge Ventures. The platform is currently in its Beta stage, and the new funds will support its use of AI technology to detect wallet clustering behavior, abnormal market fluctuations, and potential insider trading signs, providing data analysis support for traders, research institutions, and institutional investors (CNBC).
Datavault AI to Raise $2 Billion to Expand GPU Edge Computing Network
According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.
Bybit Launches SOXL, DRAM, and CBRS Perpetual Contracts with Zero Maker Fees for a Limited Time to Get an Early Edge in Three Hot Sectors
According to the official announcement, Bybit has today launched perpetual contracts for three new assets: the Direxion Daily Semiconductor Bull 3x Shares ETF (SOXLUSDT), the Roundhill Memory ETF (DRAMUSDT), and Cerebras Systems (CBRSUSDT). These contracts cover popular sectors including leveraged ETFs, semiconductor memory, and AI chips. All are USDT-margin based, support both long and short positions, and remain tradable even during related market holidays. Users can also enjoy a limited-time fee discount: from now until 10:00 UTC on May 31, 2026, maker fees are 0%, and taker fees are reduced by 50%. With exposure across multiple high-potential sectors, now is the ideal time to enter at these low fees.
Related news
ByteDance Launches Seed STEM Scientist Program, Inviting 100 Scholars to Empower Scientific Research with AI
ByteDance has officially launched the Seed STEM Scientist Program, planning to invite 100 outstanding scholars in cutting-edge scientific fields for industry-academia-research collaboration, leveraging artificial intelligence technology to accelerate exploration and breakthroughs across various scientific domains. The program is led by ByteDance's Seed Edge research team, offering sufficient computing resources and competitive compensation, with two participation roles available: Scientist Advisor and Doctoral Intern. The initial project cycle is approximately 6 months, with the work location set in Beijing's Haidian District. The talent application channel remains open until September 30, 2026. (IT Home)
Jensen Huang's personally worn and signed leather jacket sold for $960,000, 16 times the highest estimate
According to reports from Radio Television Hong Kong citing Sotheby's, a Tom Ford black leather jacket worn and signed by Nvidia CEO Jensen Huang sold for $960,000 at a charity auction in New York, 16 times the pre-auction high estimate of $60,000. The lot was previously estimated at $40,000 to $60,000. Sotheby's records indicate that Huang wore this leather jacket while attending Hon Hai Technology Day on October 18, 2023. PSA confirmed its provenance through on-site photos, and the inner signature was authenticated by James Spence Authentication. The auction was initiated by Long Journey Ventures, and the proceeds will be donated to the non-profit organization Edge Institute to support grants and residency programs for young innovators.
韩国拟设"未来应对基金"，利用半导体税收红利推动增长与均衡发展
据 The Edge Malaysia 报道，韩国总统幕僚长姜勋植于 7月 5 日表示，李在明政府计划利用半导体热潮带来的额外税收收入设立"未来应对基金"，用于支持三大超级项目（半导体、物理 AI、数据中心）、培育新增长动能、应对"K 型"经济极化，并为 20至 30 岁年轻群体提供住房、创业及就业支持。三星电子、SK 海力士及政府机构计划为上述项目投入数千亿美元，旨在强化韩国在芯片与 AI 领域的全球竞争力，并推动首都圈以外地区的均衡发展。
AI Data Analysis Platform Polysights Raises $1.5 Million in Pre-Seed Funding, with YZi Labs Among Participants
Polymarket-backed AI data analysis platform Polysights announced the completion of a $1.5 million Pre-Seed funding round, with participation from YZi Labs, Maven11, Varys Capital, Contribution Capital, and Edge Ventures. The platform is currently in its Beta stage, and the new funds will support its use of AI technology to detect wallet clustering behavior, abnormal market fluctuations, and potential insider trading signs, providing data analysis support for traders, research institutions, and institutional investors (CNBC).
Malaysia Revises Civil Servant Asset Rules: Raises Shareholding Limits and Includes Digital Assets in Regulatory Framework
According to The Edge Malaysia, Malaysia has announced a comprehensive revision of its civil servants’ stockholding and asset declaration system. Per the latest notice issued by the Malaysian Public Service Department, civil servants may invest in shares of companies registered in Malaysia; however, their shareholding must not exceed 5% of the company’s paid-up capital or RM300,000 in total value—whichever is lower. Compared to the previous cap of RM100,000, the new limit represents a significant increase. At the same time, the revised rules introduce a cumulative shareholding cap. Notably, digital assets are included in the regulatory framework for the first time, with an explicit emphasis on transparency and accountability in civil servants’ investment activities—to keep pace with evolving financial markets and investment instruments.
Datavault AI to Raise $2 Billion to Expand GPU Edge Computing Network
According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.