News linked to both this project and an event.
According to PrimeMinister.kz, during his visit to Hong Kong, Kazakh Deputy Prime Minister Kanat Bozumbayev met with Chief Executive John Lee to discuss expanding trade and economic cooperation as well as collaboration in financial technology innovation. The centerpiece of the visit was the “Alatau City China Roadshow” investment roundtable, which attracted participation from numerous leading Hong Kong-based investment funds, financial institutions, and technology enterprises. During the meeting, the Alatau City Administration signed six cooperation agreements and memoranda of understanding (MOUs) with multiple international enterprises, primarily covering the following areas: • ANT Digital Technologies, a subsidiary of Ant Group: exploring participation in Alatau City’s digital infrastructure development and deployment of advanced fintech solutions; • Solana Foundation: reaching agreement on collaboration in Web3 ecosystem development, blockchain talent cultivation, and support for tech startups; • Dasco Capital and Templewater: signing an MOU to jointly establish a private equity fund focused on investments in Kazakhstan and Central Asia, with Alatau City designated as a priority investment target. Additionally, the Kazakh delegation held meetings with senior executives from major Hong Kong investment and development firms, including Henderson Land Development, Far East Consortium, Sun Hung Kai Properties, and Boshi Fund. Alatau City is a new economic growth hub launched under the directive of Kazakh President Kassym-Jomart Tokayev. It operates under a special legal framework, drawing upon Hong Kong’s successful experience in investor protection and alignment with international regulatory standards.
Within 24 hours of SpaceX’s Nasdaq listing, the $SPCX token—issued by Backpack Securities—surpassed $35 million in trading volume, leading all tokenized stock trading volumes on Solana and exceeding the next $SPCX competitor’s volume by over five times. Its liquidity ranked second among all tokenized stocks. Armani Ferrante, CEO of Backpack, stated that liquidity is concentrated on Backpack’s tokenized stocks because it is the only solution enabling round-trip trading between Solana and Nasdaq, allowing purchases and sales via brokerage accounts and redemption of underlying securities. Backpack Securities, launched by Backpack, aims to integrate traditional and tokenized stock trading, fostering coexistence of real equities across brokerage and on-chain environments and supporting 7×24 real-time U.S. equity trading. The $SPCX token is pegged to actual SpaceX shares; users can deposit and withdraw on-chain shares into Backpack Securities and transfer them to U.S.-based brokerages such as IBKR.
According to Backpack’s official tweet, Backpack Securities announced on June 11 that the $SPCX token officially launched on Solana via SunriseDeFi following SpaceX’s Nasdaq listing. Users can trade stocks on the Backpack platform and freely transfer assets between traditional brokerages and Solana-based DeFi wallets through deposit and withdrawal operations.
Ondo Finance officially announced that SpaceX has officially launched on-chain, with its IPO token $SPCX now live on the Ondo Global Markets platform, supporting Solana, Ethereum, and BNB Chain. This marks the first time in history that the largest IPO to date has been tokenized on-chain on its listing day.
According to Odaily, Bybit Alpha and Byreal have now listed $SPCX for trading, with its current price on the Solana chain at $161. SPCX is an on-chain SpaceX token issued by Backpack and has been deployed to Solana.
Ondo Finance announced on X platform that SpaceX has completed the largest IPO in history, with its tokenized asset SPCXon launching on Ondo Global Markets on its first day of trading, supporting Solana, Ethereum, and BNB Chain.
: Bitget Wallet has issued a statement regarding the subscription for the SpaceX tokenized IPO, stating that due to unforeseen market factors, the tokenized IPO shares cannot be distributed to users. Bitget Wallet will issue a full refund in USDT tonight to the Solana address registered by users during subscription. The refund will cover the subscription principal and the 5% handling fee.Bitget Wallet also stated that it will continue to expand its tokenized IPO business in the future. The addresses of users who participated in this subscription will be automatically added to a whitelist, granting them priority subscription rights for future tokenized IPOs. In addition, as compensation, the platform will airdrop GetGas worth 10 USDT to each participating address, which can be used to offset Gas fees for stock trading in the coming month.
According to The Block, Ethena Labs will allocate $250 million to Securitize’s tokenized AAA-rated CLO fund STAC, which has already launched on Solana. STAC—launched by Securitize in partnership with BNY—invests in U.S. dollar-denominated AAA-rated collateralized loan obligations (CLOs) targeting the structured credit market.
Solana infrastructure company Helius has announced the acquisition of Light Protocol, whose team will refocus on developing privacy solutions for Solana.Founded in 2021, Light Protocol initially focused on zero-knowledge proof-based privacy tools for Solana before pivoting to co-develop ZK Compression with Helius. Launched in 2024, this solution aims to reduce on-chain data storage costs on Solana via zero-knowledge proofs, supporting large-scale consumer and enterprise applications.This acquisition will drive Light back to its original mission, combining its cryptographic expertise with Helius' infrastructure and distribution advantages to develop ZK privacy protocols for Solana, covering scenarios such as private payments and private DeFi. Helius plans to open up relevant privacy infrastructure to developers in the coming months.The transaction occurs against a backdrop of accelerating consolidation in the crypto industry and tightening fundraising conditions, while also echoing a renewed demand for on-chain privacy. Helius founder Mert Mumtaz stated that privacy will be as fundamental to blockchain scaling as HTTPS was to the internet.
According to the official announcement, Coinbase has updated its asset listing roadmap, adding RE (RE) from the Ethereum ecosystem and Arcium (ARX) from the Solana ecosystem.
According to the official announcement, HTX has officially launched its “Margin User Rewards Program” and simultaneously kicked off the ninth edition of its Margin Trading Competition. From now until 20:00 (UTC+8) on June 15, users who register and complete KYC verification can participate to enjoy trading fee rebates, accelerated order execution, and exclusive benefits for newcomers—expressing HTX’s gratitude for users’ long-term support and trust. For new margin traders, HTX offers a “$1 Margin Opening” experience: users need only $1 USDT as initial capital to execute their first $10 USDT margin trade. The platform provides $9 USDT in interest-free borrowed funds, and HTX will compensate users for losses on their first trade—significantly lowering the barrier to entry for margin trading. Additionally, HTX has launched a Margin Trading Competition with a total prize pool of $20,000 USDT. During the event, users can receive up to 30% in trading fee rebates based on their margin trading volume. Notably, margin trading volume in designated cryptocurrencies—including BTC, ETH, SOL, DOGE, TRX, and XRP—is counted at triple weight toward the total volume, helping users seize market opportunities and unlock higher rebate tiers more quickly.
Bitget has launched a new edition of its Futures Super Pairs campaign, running until June 11 at 16:00 (UTC+8), with a total prize pool of $30,000 USDT. During the campaign, users can unlock mystery box rewards by trading the NEAR, WLD, TAO, H, and FET trading pairs and completing designated futures trading tasks. The mystery box prize pool includes popular tokens and multiple tiers of USDT trial vouchers, with a maximum reward of 5 SOL per draw. Additionally, all users ranking within the top 1,000 by trading volume—and whose cumulative trading volume reaches at least $10,000 USDT—will share a $20,000 USDT prize pool, with a maximum individual payout of $2,000 USDT. Full campaign rules are available on the official Bitget platform; users must click “Join Now” to register before participating.
According to Drift’s official announcement, the Drift Protocol released its latest recovery update on June 3, 2026. An independent forensic investigation conducted by cybersecurity firm Mandiant has confirmed that the prior attack against Drift was carried out by the North Korean threat group UNC6862, whose tactics closely align with those historically employed by North Korean state-sponsored hacking operations. On the rebuilding front, Drift announced the appointment of Noah Prince—former Engineering Lead of the Helium Protocol—as Protocol Lead, who will spearhead codebase hardening and platform security architecture redesign. Additionally, former members of the Gauntlet team have been brought on board to conduct margin engine reviews, optimize funding rates and market parameters, enhance liquidation mechanisms, and implement continuous risk monitoring. Drift plans to relaunch with “security-first” as its core principle, repositioning itself as Solana’s largest USDT-perpetuals exchange. With support from strategic partners including Tether, Drift will establish a dedicated recovery pool funded by platform revenues to compensate users for losses. Further details regarding the recovery mechanism and timeline will be disclosed progressively.
according to Bitcoin Magazine, Charles Schwab has launched 24/7 crypto futures trading services. The designated crypto futures products currently available for trading include those related to Bitcoin, ETH, Solana, and XRP.
According to an official announcement, Coinbase has added support for the ETH-INR and SOL-INR trading pairs for Indian users. These trading pairs will initially launch on Coinbase Exchange and will be progressively rolled out to Coinbase.com, the Coinbase App, and Coinbase Advanced.
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.
xStocks, a framework under Kraken parent company Payward, will launch services allowing users on Kraken and partner platforms to participate in US stock IPOs at the offering price. Users will receive on-chain tokenized shares with a 1:1 correspondence to the underlying stock, which will be held by regulated custodians.Users can submit non-binding subscription intentions via partner platforms weeks before the IPO. Payward aggregates demand, coordinates with the underwriting syndicate for share allocation, and completes pricing, allocation, and token issuance on the listing date. xStocks tokens will be tradable across multiple blockchains including Ethereum, Solana, and TON, and can be integrated with DeFi protocols. (The Block)
Bybit Alpha has launched $three trading. Data shows that $three’s market cap on Solana has surpassed $3 million, with a current price of $0.0031.
Gate 平台最新数据显示，其 ETH 挖矿（质押）产品总质押量已连续两日刷新历史纪录，已达 195,700 枚 ETH，参考年化收益率为 4.15%。用户质押 ETH 可获得等额 GTETH 资产，实现资产增值。该服务支持即时赎回，释放流动性并获取稳定收益。除 ETH 外，平台还提供多币种质押选项。截至发稿，参考年化收益率分别为：GUSD 3.00%、BTC 2.67%、SOL 8.50% 及 USDT 4.62%。
Mastercard is expanding its settlement network to support regulated stablecoins, planning to introduce stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the demand for real-time fund movement.According to the introduction, the new settlement framework will operate in parallel with the existing fiat settlement system, providing financial institutions with more flexible liquidity management solutions. The first supported stablecoins include Circle-issued USDC, Paxos-issued PYUSD, USDG and USDP, Ripple-issued RLUSD, and SoFiUSD.The related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)