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Project Overview
Stack is a safe and simple way for teens and parents to access digital assets and learn about Web 3.0. It allows users to take advantage of the tax and control benefits of a UTMA (Uniform Transfers to Minors Act) account, while providing teens with a secure trading environment designed specifically for them. Upon reaching the age of majority, the assets are transferred into the teen's name.
Decentralized AI Protocol Prime Intellect Completes $130 Million Series A Funding Round, Led by Radical Ventures
According to official news, Prime Intellect announced the completion of a $130 million Series A financing round, led by Radical Ventures with participation from NVIDIA, Intel Capital, Dell Capital, and existing investors. The company stated that it will utilize the funds to continue building its "Open Superintelligence Stack" to support users in training, deploying, and continuously optimizing their own models.
Circle Q1 Revenue Reaches $694 Million, USDC On-Chain Transaction Volume Up 263% Year-over-Year
Circle has released its financial results for the first quarter of fiscal year 2026. The data shows that as of the end of the first quarter, the circulating supply of USDC reached $77 billion, a year-over-year increase of 28%; on-chain transaction volume for USDC in the first quarter reached $21.5 trillion, up 263% year-over-year.The financial report indicates that Circle's total revenue and reserve income for the first quarter was $694 million, a 20% increase year-over-year; adjusted EBITDA was $151 million, up 24% year-over-year; net profit was $55 million, a 15% decrease year-over-year.Additionally, Circle disclosed that its ARC Token pre-sale raised $222 million, with a fully diluted valuation of $3 billion. Participants included institutions such as a16z crypto, BlackRock, and ARK Invest. The company also announced the launch of the "Agent Stack" infrastructure for AI agent scenarios, including products like Agent Wallets and Agent Marketplace, designed to support AI agent payments and commercial activities based on USDC.
Ethereum Layer 2 infrastructure Optimism partners with Dunamu, Toss, and DB Securities to expand into the Korean market
Ethereum Layer 2 infrastructure Optimism has officially announced a tripartite strategic collaboration, joining forces with Upbit operator Dunamu, fintech platform Toss, and DB Securities to comprehensively expand into the Korean market. On the cooperation front with Dunamu, both parties will upgrade the GIWA public chain based on the OP Stack and promote its global development. A three-month technical verification will be conducted with Toss to build a compliant Korean won digital financial infrastructure. Optimism and DB Securities are focusing on the STO and RWA sectors, planning to transform Jeju Island's smart agriculture, livestock assets, and Korean intellectual property into tokenized securities and real-world asset products. This will facilitate the phased on-chain commercialization of local physical assets, with the entire cooperation framework tailored to align with Korea's financial regulatory framework.
Korean fintech company Toss partners with Optimism to explore a Korean won stablecoin, will test OP Stack infrastructure
Odaily Planet Daily reported that Korean fintech company Toss has announced a partnership with Optimism and Sunnyside Labs to jointly explore a Korean won-pegged stablecoin.In the coming months, the three parties will conduct a Proof of Concept (PoC) test to evaluate the feasibility of building compliant blockchain-based digital financial infrastructure on OP Stack, providing technical verification for applications related to a Korean won stablecoin. (The Block)
Benchmark: Coinbase Is Transforming from a Crypto Broker to a "Full-Stack Exchange," Maintaining a $270 Price Target
Benchmark has maintained a "Buy" rating for Coinbase with a $270 price target, implying approximately 59.5% upside from its Tuesday closing price of $169.27. The firm noted that Coinbase's latest "System Update" indicates it is accelerating its transformation from a crypto trading platform into an "everything exchange" that bridges traditional finance and the on-chain economy.Analyst Mark Palmer stated that this product update covers tokenized stocks, stock and crypto options, pre-IPO perpetual contracts, prediction markets, AI-driven investment tools, agent payment infrastructure, and retail financial products, signaling the continuous expansion of its business boundaries.Key progress highlighted by Benchmark also includes: the U.S. CFTC's approval for it to operate as a regulated Futures Commission Merchant (FCM), global derivatives capabilities obtained through the acquisition of Deribit, and integrating crypto perpetuals and options into a compliant framework, thereby achieving cross-market liquidity consolidation.Furthermore, the company's strategic moves in the Base ecosystem, prediction markets, and AI agent payments are also seen as key signals of its evolution from "spot crypto trading" to a comprehensive on-chain financial infrastructure. (The Block)
Gemini Receives CFTC Derivatives Clearing Organization License, Accelerating Development of Full-Stack Compliant Derivatives Platform
According to The Block, Gemini’s Olympus division has officially received a Derivatives Clearing Organization (DCO) license from the U.S. Commodity Futures Trading Commission (CFTC), enabling it to serve as an internal clearing house for settlement, risk management, and collateral management—eliminating reliance on third-party clearing and potentially reducing operational costs. Combined with its previously obtained Designated Contract Market (DCM) license, Gemini now possesses full-stack, compliant capabilities across futures, options, perpetual contracts, and prediction markets. Gemini is currently pursuing a Futures Commission Merchant (FCM) license to complete its full suite of CFTC authorizations, positioning itself for direct competition with Kraken and Coinbase.
Nigel Farage Faces Compliance Investigation for Failing to Disclose $6.7 Million Grant from Tether Shareholder
According to CoinDesk, Nigel Farage, leader of the UK’s Reform UK party, is facing a parliamentary standards inquiry after receiving an undisclosed £5 million (approximately $6.7 million) grant from cryptocurrency billionaire Christopher Harborne—prior to his election as a Member of Parliament in 2024. Harborne resides in Thailand and holds a 12% stake in stablecoin issuer Tether. Farage stated that the grant was intended to ensure his personal security—not for political activities. However, both the Conservative and Labour parties have accused him of violating House of Commons rules requiring MPs to register any income received within the 12 months preceding their election, and have referred the matter to the Parliamentary Commissioner for Standards. Reform UK countered that the payment constitutes a “personal unconditional gift,” exempt from disclosure requirements and unrelated to the election. The UK government announced in March this year that it would suspend political parties’ acceptance of cryptocurrency donations to guard against foreign interference. Previously, Christopher Harborne donated £9 million to Reform UK—the largest single political donation ever made by a living individual in the UK. This year, Ben Delo, co-founder of BitMEX, also donated £4 million to the party. Additionally, Farage himself holds a 6.31% stake in Stack BTC, a Bitcoin treasury company.
UK Liberal Democrats Call on FCA to Investigate Nigel Farage’s Conflict of Interest Involving Stack BTC
According to Cointelegraph, the UK’s Liberal Democrats have written to the Financial Conduct Authority (FCA) requesting an investigation into Nigel Farage—the leader of Reform UK—and his ties to the bitcoin company Stack BTC. The party questions whether Farage’s appearance in the company’s promotional video, while holding shares in Stack BTC, violates market rules and constitutes a conflict of interest. Stack BTC recently disclosed that it purchased 37 bitcoins—valued at approximately $2.7 million—as corporate reserves; Farage holds a 6.31% stake in Stack BTC through his media company. This incident comes as the UK government advances a proposal to ban cryptocurrency political donations, aiming to prevent external funding from interfering with elections. The FCA stated it will review the letter and respond accordingly.
Ethereum Layer 2 infrastructure Optimism partners with Dunamu, Toss, and DB Securities to expand into the Korean market
Ethereum Layer 2 infrastructure Optimism has officially announced a tripartite strategic collaboration, joining forces with Upbit operator Dunamu, fintech platform Toss, and DB Securities to comprehensively expand into the Korean market. On the cooperation front with Dunamu, both parties will upgrade the GIWA public chain based on the OP Stack and promote its global development. A three-month technical verification will be conducted with Toss to build a compliant Korean won digital financial infrastructure. Optimism and DB Securities are focusing on the STO and RWA sectors, planning to transform Jeju Island's smart agriculture, livestock assets, and Korean intellectual property into tokenized securities and real-world asset products. This will facilitate the phased on-chain commercialization of local physical assets, with the entire cooperation framework tailored to align with Korea's financial regulatory framework.
Ledger Launches Open-Source Toolkit Ledger Agent Stack, Enabling AI Agents to Interact with Crypto Wallets
hardware wallet company Ledger has launched the open-source toolkit Ledger Agent Stack, enabling AI agents to interact with crypto wallets by reading balances, preparing transactions, and suggesting actions, with all transactions requiring user approval on a Ledger hardware device. Ledger stated that this release is the first step in its AI roadmap, aiming to introduce hardware-based security mechanisms into AI-driven crypto applications and prevent autonomous agents from transferring funds or accessing sensitive credentials without human approval.
Starknet Unveils Privacy Development Stack, STRK20 Supports Developers Integrating Private Asset Functionality
Starknet announced the opening of its privacy development stack to developers, launching a privacy SDK and privacy wallet API, enabling apps, wallets, and protocols to integrate private balances, private transfers, and related DeFi interaction features based on STRK20.
B.AI Debuts Full-Stack AI Capabilities at WebX 2026 Tokyo Conference
Odaily, July 13 – At the WebX 2026 conference held in Tokyo, Japan, B.AI unveiled its latest platform progress to global developers and innovators, showcasing full-stack capabilities encompassing cutting-edge AI models, highly scalable APIs, and developer tools. B.AI has long been committed to lowering the barrier to entry for advanced AI technology. Through continuous iteration of its products and services, it empowers enterprises and individual developers to access and leverage cutting-edge intelligence conveniently and efficiently. Partners from all sectors are warmly invited to visit the B.AI booth for an in-depth look at the latest developments and to explore the innovation opportunities driven by AI together.
Circle Agent Stack Open Source, Supports Multi-Framework AI Agent Integration with Wallets and USDC Payments
According to Circle's (@circle) official announcement, Circle Agent Stack is now open source, enabling developers to add wallets, USDC payments, and on-chain operation capabilities to AI agents. It currently supports the following mainstream frameworks: OpenAI Agents SDK, Claude AI Agent SDK, LangChain, Mastra, Vercel AI SDK, and Google AI ADK. Developers can directly clone the example code to get started quickly, and the project is hosted on GitHub. This move is regarded by the industry as a significant advancement in AI agent payment layer infrastructure, expected to accelerate the large-scale adoption of Agentic AI.
Decentralized AI Protocol Prime Intellect Completes $130 Million Series A Funding Round, Led by Radical Ventures
According to official news, Prime Intellect announced the completion of a $130 million Series A financing round, led by Radical Ventures with participation from NVIDIA, Intel Capital, Dell Capital, and existing investors. The company stated that it will utilize the funds to continue building its "Open Superintelligence Stack" to support users in training, deploying, and continuously optimizing their own models.
Related news
Ethereum Layer 2 infrastructure Optimism partners with Dunamu, Toss, and DB Securities to expand into the Korean market
Ethereum Layer 2 infrastructure Optimism has officially announced a tripartite strategic collaboration, joining forces with Upbit operator Dunamu, fintech platform Toss, and DB Securities to comprehensively expand into the Korean market. On the cooperation front with Dunamu, both parties will upgrade the GIWA public chain based on the OP Stack and promote its global development. A three-month technical verification will be conducted with Toss to build a compliant Korean won digital financial infrastructure. Optimism and DB Securities are focusing on the STO and RWA sectors, planning to transform Jeju Island's smart agriculture, livestock assets, and Korean intellectual property into tokenized securities and real-world asset products. This will facilitate the phased on-chain commercialization of local physical assets, with the entire cooperation framework tailored to align with Korea's financial regulatory framework.
Ledger Launches Open-Source Toolkit Ledger Agent Stack, Enabling AI Agents to Interact with Crypto Wallets
hardware wallet company Ledger has launched the open-source toolkit Ledger Agent Stack, enabling AI agents to interact with crypto wallets by reading balances, preparing transactions, and suggesting actions, with all transactions requiring user approval on a Ledger hardware device. Ledger stated that this release is the first step in its AI roadmap, aiming to introduce hardware-based security mechanisms into AI-driven crypto applications and prevent autonomous agents from transferring funds or accessing sensitive credentials without human approval.
Starknet Unveils Privacy Development Stack, STRK20 Supports Developers Integrating Private Asset Functionality
Starknet announced the opening of its privacy development stack to developers, launching a privacy SDK and privacy wallet API, enabling apps, wallets, and protocols to integrate private balances, private transfers, and related DeFi interaction features based on STRK20.
B.AI Debuts Full-Stack AI Capabilities at WebX 2026 Tokyo Conference
Odaily, July 13 – At the WebX 2026 conference held in Tokyo, Japan, B.AI unveiled its latest platform progress to global developers and innovators, showcasing full-stack capabilities encompassing cutting-edge AI models, highly scalable APIs, and developer tools. B.AI has long been committed to lowering the barrier to entry for advanced AI technology. Through continuous iteration of its products and services, it empowers enterprises and individual developers to access and leverage cutting-edge intelligence conveniently and efficiently. Partners from all sectors are warmly invited to visit the B.AI booth for an in-depth look at the latest developments and to explore the innovation opportunities driven by AI together.
Circle Agent Stack Open Source, Supports Multi-Framework AI Agent Integration with Wallets and USDC Payments
According to Circle's (@circle) official announcement, Circle Agent Stack is now open source, enabling developers to add wallets, USDC payments, and on-chain operation capabilities to AI agents. It currently supports the following mainstream frameworks: OpenAI Agents SDK, Claude AI Agent SDK, LangChain, Mastra, Vercel AI SDK, and Google AI ADK. Developers can directly clone the example code to get started quickly, and the project is hosted on GitHub. This move is regarded by the industry as a significant advancement in AI agent payment layer infrastructure, expected to accelerate the large-scale adoption of Agentic AI.
PayPal Deepens Partnership with Polygon, PYUSD Stablecoin Achieves Native Issuance
According to The Block, PayPal announced that the PYUSD stablecoin will be natively issued on the Polygon network and integrated into Polygon's Open Money Stack, enabling businesses to use PYUSD for cross-border payment settlements more conveniently. Currently, the total stablecoin settlement volume on the Polygon network has exceeded $2.6 trillion, with both Revolut and Stripe using the network.