News linked to both this project and an event.
Polaris has announced the completion of a $1 million angel round, with participation from institutions including the Ethereum Foundation, Fusion (under IPOR), Altitude, Liquity, LI.FI, as well as more than 30 founders and contributors such as Daily Gwei founder Anthony Sassano. The project is a permissionless on-chain yield protocol whose core product is the interest-bearing reserve asset pETH, alongside USDp and GOLDp, designed to provide native yield for any on-chain asset.
: Lily Liu posted on the X platform, stating that capital, assets, and ownership are migrating toward 24/7 internet infrastructure, forming a long-term "token supercycle." Tokenization is not just about moving assets onto the chain—it also transforms the assets themselves, enabling value to be issued, held, financed, and traded in a market that never closes. She noted that stablecoins have proven capital can flow globally on-chain, financial institutions are pushing assets onto the chain, blockchain infrastructure is beginning to meet the speed and cost demands of real economic activity, and AI economic agents require programmable money. When these factors converge, any form of value with clear ownership could be tokenized, gaining broader access to distribution, financing, and trading channels.Over the past year, RWA trading volume on Solana has reached hundreds of billions of dollars, covering tokenized U.S. Treasuries, equities, and private credit. During the same period, stablecoin transfer volume exceeded $4.7 trillion. Liu stated that tokenization can also enable more investors to overcome geographic, minimum investment, and accreditation barriers, while allowing held assets to be used as collateral or generate yield. Although the current on-chain market size remains far below traditional markets, the related infrastructure could eventually reach 5.5 billion internet users globally.
According to Crowdfund Insider, the Ethena Foundation has announced a series of adjustments to mitigate selling pressure from early investor unlocks. The foundation has completed over-the-counter buybacks of the remaining locked ENA tokens held by certain large seed round investors and agreed with major investors to terminate their remaining vesting schedules early. Starting October 5, no investor tokens will remain subject to lock-up, while team tokens will maintain their original lock-up and vesting terms.
Odaily News, stablecoin protocol Ethena has announced four ecosystem updates, including buying back some locked tokens from early investors, adjusting the relationship between tokens and equity, launching a revenue buyback mechanism, and canceling VC monthly unlocks.The Ethena Foundation stated that it has completed buybacks of locked ENA tokens from certain large seed round investors who had sold ENA over the past nine months.At the same time, the Ethena Foundation has entered into a master framework agreement with Ethena Labs, transferring the intellectual property and value generated by the protocol to the Foundation, governed by ENA token holders, ensuring that protocol value growth does not result in residual cash flows flowing to Labs equity investors.In addition, an Ethena governance proposal has been launched to enable a "fee switch" that would use net income generated from various business lines under the Ethena brand for programmatic buybacks of ENA tokens. The proposal has been approved by the Risk Committee.Ethena also announced the cancellation of monthly unlock arrangements for future VC investors, eliminating market concerns about sustained sell pressure by releasing unvested tokens; team tokens will still follow the original lock-up and vesting schedule. These adjustments are aimed at further strengthening the binding relationship between ENA tokens and protocol value.
This funding round is supported by MH Ventures, Amber Group, ArkStream Capital, 0G Foundation, Kirin Capital, CatcherVC and New Oak International.
SpaceX early investor and XPRIZE Foundation founder Peter Diamandis stated that SpaceX has the potential to become the world's first company with a market capitalization of $10 trillion.During an interview on CNBC's "Squawk on the Street," Diamandis said that the market has yet to find the right way to value SpaceX, and that the company's space transportation, satellite internet, and future space economy initiatives could generate long-term growth far exceeding that of traditional enterprises.He pointed out that SpaceX's core value comes not only from its reusable rocket business, but also from Starlink satellite internet, future lunar and Mars exploration programs, and the new economic ecosystem being built around space infrastructure.Previously, SpaceX had already become one of the highest-valued private tech companies globally. As the company expands from rocket launches into satellite communications and deep-space exploration, investors are trying to reassess its long-term commercial potential.Diamandis believes that traditional valuation models struggle to measure the value of a platform company like SpaceX, which operates across aerospace, communications, and future infrastructure simultaneously, so the market may be underestimating its future growth potential. (CNBC)
On-chain data shows that the Worldcoin Foundation sold approximately 217.4 million WLD tokens to institutions such as Pantera Capital, raising approximately $52.5 million. Based on the transaction amount, the transaction price was approximately $0.24, representing a discount of approximately 36% compared to the market price, and the relevant tokens are subject to a one-year lock-up period.
the World Foundation has announced the completion of a $52.5 million fundraising through a strategic sale of WLD tokens. The round was led by Pantera Capital, with participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto, and others. The World Foundation is the non-profit organization behind the World protocol. The WLD tokens sold in this round will be locked for one year and are intended for use within the World Network, and do not represent any investment rights, profits, or return entitlements.
Ethereum non-profit research and development organization Ethlabs released an FAQ stating that current funding commitments can support the team's operations for the next 2 to 3 years, and will continue to pursue subsequent fundraising, with the community funding round still open.
Range, a stablecoin compliance startup, announced the completion of an $8.3 million Series A funding round, with participation from TX Ventures, SixThirty, Maven 11 Capital, Onigiri Capital, and others. The project's total funding to date has reached $11 million.Range provides a unified platform for companies operating both stablecoins and fiat currencies. Its core products include Unify, a real-time ledger system, and Protect, an on-chain transaction screening tool. Its clients include Circle, Solana Foundation, Stellar, Squads, and Jupiter, among others. The funds from this round will be used to expand the Unify and Protect products, grow the engineering and business development teams, and increase integrations and network coverage. (The Block)
According to WebWire, Jia, a financial operating system targeting small businesses in emerging markets, has announced the completion of a $3 million seed funding round. Investors include Coinbase Ventures, the Stellar Development Foundation, and A100x, with follow-on investments from TCG and Hashed Emergent. Following this round, Jia’s total funding has reached $7.3 million.
: Web3 fintech startup Jia announced the completion of a $3 million seed funding round, with participation from Coinbase Ventures, Stellar Development Foundation, A100x Ventures, TCG, and Hashed Emergent.To date, Jia's total cumulative funding has reached $7.3 million. Jia currently operates multiple decentralized lending pools and introduces liquidity through networks including Base, Stellar, Arbitrum, and Polygon, while utilizing stablecoins for cross-border settlements to reduce remittance costs and settlement times.The new funds will be used to expand features such as corporate bank accounts and cash flow management.
the Avalanche Foundation has announced the formation of an independent review committee to evaluate research proposals submitted under its "Call For Research Program" and provide up to $50,000 in funding for original academic research on the economics of decentralized networks. The committee comprises members from Ava Labs, the Avalanche Foundation, and external scholars specializing in economics, finance, and decentralized network design, aiming to select projects with long-term research value based on strict academic standards.The program covers two main research areas: crypto asset pricing and valuation, as well as validator economics and network security mechanism design. Evaluation criteria include research relevance, methodological rigor, innovation, feasibility, and the background of the research team.Emin Gün Sirer stated that Avalanche has been built on a foundation of academic research from the very beginning, and this program aims to continue that tradition while advancing the understanding and application of core economic issues related to decentralized networks. Committee members also include renowned scholars such as Campbell Harvey, Fahad Saleh, and Agostino Capponi, along with key members such as the Investment Director and Chief Economist of the Avalanche Foundation.
According to The Block, Foundation, a Bitcoin hardware wallet manufacturer, has raised $6.4 million in funding. The round was led by Fulgur Ventures, with participation from Arche Capital. The company plans to accelerate its expansion from Bitcoin self-custody wallets into identity authentication, multi-factor authentication (MFA), and AI agent authorization. Following this round, Foundation’s total funding has reached $16.5 million. Meanwhile, Foundation has announced the full commercial launch of its flagship device, the Passport Prime, and opened its KeyOS platform SDK to developers. The device integrates a Bitcoin hardware wallet, FIDO security key, 2FA storage, secure vault, and 50 GB of encrypted storage.
TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has announced a $100 million USD1 token liquidity program—a strategic initiative designed to bring institutional-grade and cross-chain yield opportunities to a broader user base via World Liberty Financial’s USD1 stablecoin and institutional yield strategies. Previously, TownSquare collaborated with the World Liberty Financial DeFi team to integrate the USD1 token onto Monad, a high-performance EVM-compatible chain, and received official incentives from the Monad Foundation. The team stated that this new liquidity program marks TownSquare’s continued commitment to expanding DeFi’s real-world applicability and delivering institutional strategy yields to more assets. Currently, the project’s official website has launched its cross-chain lending functionality, while its yield vault product is listed as “Coming Soon.” According to official information, the project has previously completed a funding round backed by Monad, a16z, Aptos, Solana Bonk, and other U.S. and European angel investors and VCs. The founding team includes alumni from Coinbase, Meta, Accenture, and market-making firms. Details about the project’s next funding round have not yet been disclosed.
AI automation workflow startup Tessera Labs has announced a $60 million funding round led by a16z, with participation from Foundation Capital, Myriad Venture Partners, Osage University Partners, and others. The company primarily leverages AI to automate enterprise SAP and ERP migration and modernization processes. Its AI-native platform can compress enterprise transformation project timelines from years to weeks and reduce costs by more than half. (TechfundingNews)
the Avalanche Foundation has announced the launch of its Research Grant Program (Call For Research Proposals), open to academic researchers worldwide with individual grants of up to $50,000. The program focuses on research related to Avalanche network economics, with emphasis on two core areas: first, crypto asset pricing and valuation, concentrating on how native assets of PoS public chains accrue value, including token issuance mechanisms, monetary policy, network adoption rates, and their relationship with long-term value; second, validator economics and network security, with key topics including optimal staking ratios, validator reward models, validator set health, and non-inflationary reward mechanisms.
Odaily reports, Reppo, a decentralized prediction market network, announced that its Reppo Foundation has secured a $20 million strategic investment commitment from Bolts Capital. The funds will be used to support the next phase of development and ecosystem expansion of the Reppo protocol, as well as to leverage prediction markets to address training data bottlenecks.Reppo stated that its core concept is to use a prediction market mechanism to transform human judgment into a verifiable, incentive-constrained data source, thereby solving the current challenge of acquiring high-quality data for AI training. By building decentralized data networks (Datanets), the project supports the processing of multimodal data, including text, images, audio, and video, providing support for model training, evaluation, and fine-tuning. (Chainwire)
According to official announcements, Pumpcade—a live-stream prediction market and meme coin issuance platform—has secured $5 million in seed funding. Investors include Jump Crypto and Foundation Capital. Pumpcade is a Solana-based platform for instant meme coin creation and trading, integrated into the Pump.fun chat system and enabling one-click prediction market creation during live streams. Earlier, on April 2, Pump.fun led a $1 million pre-seed round for Pumpcade.
DeFi protocol Splyce Finance has completed a strategic funding round, with investors including the Sui Foundation, Stellar Foundation, Solana Foundation, Lucid Drakes, Sarson Funds, and Kin Capital. The specific funding amount has not yet been disclosed.