Category: Blockchain

• The integration will support automated payments and onchain SGD-USD exchange.
• XSGD and XUSD have processed more than $18 billion in onchain transactions.
• StraitsX operates under MAS regulation and is exploring payments with Grab.

Singapore-based stablecoin issuer StraitsX plans to extend its Singapore dollar-backed XSGD and US dollar-backed XUSD to the Solana blockchain by early 2026.

The move reflects a broader push to place regulated stablecoins at the centre of high-speed blockchain settlement, particularly for payments, digital commerce, and emerging AI-driven use cases.

By tapping into Solana’s low-cost and high-throughput infrastructure, StraitsX aims to make SGD- and USD-denominated transactions more efficient across decentralised finance, institutional flows, and everyday payments.

The expansion also positions the company to meet rising demand for programmable money within interoperable, software-native environments.

Solana integration plans

The rollout was announced in collaboration with the Solana Foundation and detailed in a Tuesday blog post.

Once live, users will be able to settle transactions using XSGD and XUSD directly on Solana, taking advantage of faster settlement times and lower transaction fees.

StraitsX said the integration brings multiple financial functions together on a single blockchain, spanning centralised exchange support, decentralised liquidity pools, lending markets, and consumer payments.

The company views Solana as a suitable base layer to support complex payment flows that require speed and scalability without sacrificing reliability.

Demand from AI and commerce

StraitsX said the expansion is designed to support increasing usage from digital commerce platforms and AI-native applications.

Solana has seen growing adoption for x402-based payments, an interoperability standard that enables automated transactions between software agents.

Both XSGD and XUSD already support the x402 standard natively, and this capability will extend to Solana.

As a result, developers and institutions will be able to deploy automated payment use cases, including onchain foreign exchange between SGD and USD, automated market maker liquidity provisioning, lending protocols, and institutional-grade settlement processes.

Onchain volume and token data

XSGD is already live across multiple blockchains, including Ether, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera, and the XRP Ledger.

XUSD is currently available on Ethereum and BNB Smart Chain.

XSGD has a market capitalisation of $13 million with a circulating supply of 16.7 million tokens, while XUSD has a market capitalisation of $52 million.

Combined, the two stablecoins have processed more than $18 billion in onchain transaction volume, highlighting their growing role in cross-chain payments and settlement activity.

Regulation and Grab partnership

StraitsX operates as a licensed Major Payment Institution under the Monetary Authority of Singapore stablecoin framework.

Both XSGD and XUSD have been acknowledged by the MAS as compliant with the upcoming stablecoin regulatory framework, according to their white papers.

Separately, the company has moved to explore consumer-facing applications.

Last month, Grab signed an exploratory memorandum of understanding with StraitsX to develop a Web3-enabled settlement layer for Southeast Asia.

Subject to regulatory approval, the initiative would allow Grab users to hold and spend XSGD and XUSD directly within the app, integrating digital wallets, programmable payments, and stablecoin clearing into daily transactions.

• Enterprise and developers can now view Hedera’s full transaction history on Google BigQuery.
• They can track NFTs, DeFi trends, and tokenized assets across multiple platforms.
• HBAR price gained nearly 10% the past 24 hours.

As the cryptocurrency market hints at recoveries, Hedera Hashgraph has moved toward amplifying blockchain transparency.

According to today’s press release, the blockchain has joined Google BigQuery public datasets.

With this integration, developers, enterprises, and analysts can query Hedera’s complete transaction history, similar to major networks like Bitcoin, Ethereum, Avalanche, and Tron.

Hedera has been added to @GoogleCloud BigQuery public datasets, enabling highly scalable cross-chain data accessibility.

As we continue to onboard the world’s largest organizations – this provides core infrastructure for institutional-grade DeFi and enterprise applications 🧵 pic.twitter.com/OTJFerAd96

— Hedera Foundation (@HederaFndn) November 10, 2025

The official blog post highlighted:

With Hedera now part of BigQuery’s public datasets, users can perform cross-chain research and analytics at an unprecedented scale. The Hedera Foundation’s commitment to transparency and accessibility is further reinforced by this project, empowering developers and enterprises with critical blockchain insights.

With this move, users can now analyze blockchain activity without the need to handle their own infrastructure.

They can smoothly access query-ready data sets that highlight detailed insights into token activity, transaction volume, and network performance.

For instance, businesses can compare transaction speeds and costs between Hedera and other platforms.

Also, they can track NFTs, DeFi trends, and tokenized assets.

Hedera advances blockchain accessibility through strategic alliances

The integration of HBAR statistics into Google BigQuery follows collaborative efforts between the Hedera Foundation, Hedera developers, Ariane Labs, and Hashgraph engineers.

The primary goal is to make Hedera data accessible and comparable with different blockchains to enhance transparency while enriching enterprise adoption.

Reliable, open, and queryable stats can help businesses integrate blockchain datasets into sectors like DeFi research, ESG tracking, supply chain management, and web3 development.

Moreover, the initiative leverages Google Cloud’s infrastructure to ensure that Hedera statistics are up-to-date and essential for different applications.

The team added:

By making historical Hedera data openly available, the opportunities for innovation, comparative blockchain research, and enterprise-grade analytics are more expansive than ever.

HBAR price analysis

Hedera’s native token trades at $0.1896 after gaining more than 9% the past 24 hours.

The 135% uptick in daily trading volume signals renewed buyer interest, suggesting more gains for the altcoin.

HBAR is trading above a key support barrier of $0.1888.

The current momentum can support surges to the initial resistance at $0.1972.

Overcoming this obstacle can support significant rallies in the near term.

Technical indicators suggest more gains for Hedera’s token.

The 4Hr Relative Strength Index of 63 signals buyer momentum.

Also, the Moving Average Convergence Divergence above the signal line with massive green histograms signals bullish momentum.

Further, HBAR boasts various catalysts that could support robust gains in the coming times.

For example, the approved spot Hedera exchange-traded fund opened the gates for institutions and traditional investor participation.

• Its treasury has surpassed $780M, comprising $713M in Toncoin and cash worth $67M.
• The milestone comes after a $558M private placement completed early this month.
• Verb aims to accumulate 5% of Toncoin’s circulating supply.

Institutional players dominate market trends with dib-buying activities after the current broad market decline.

NASDAQ-listed Verb Technology, which will soon rebrand to Ton Strategy Company, has revealed a key milestone that aligns its vision with the Telegram-based blockchain.

The livestreaming firm has disclosed that its treasury assets have surpassed $780 million, with the Open Network’s native token accounting for the most at $713 million.

JUST IN: 🇺🇸 Publicly traded Verb Technology buys $713,000,000 worth of $TON for its treasury. pic.twitter.com/6FzOWVAjDL

— Whale Insider (@WhaleInsider) August 21, 2025

It holds the remaining $67 million in cash.

The development has attracted attention as it follows Verb’s $558 million private placement early this month.

The fundraising drew crypto-oriented investors and over 110 institutions, confirming trust in Verb’s digital asset strategy and the Toncoin project.

Commenting on the milestone, Verb’s Executive Chairman Manuel Stotz stated:

Crossing $780 million in assets just days after our private placement reflects the conviction behind $TON. This is more than building a balance sheet; it’s about contributing to the security of TON blockchain – where participants can build, transact, and benefit directly from the underlying financial protocols.

Verb eyes 5% of Toncoin’s supply

Verb Technology plans to be the central player in the Open Network ecosystem.

It plans to acquire over 5% of Toncoin’s circulating supply (currently at 2.56 billion tokens).

That would make Verb a top participant in securing the TON blockchain.

Moreover, the company plans to add its Toncoin balance on a per-share basis over time, leveraging staking rewards, disciplined market activity, and cash flow reinvestment.

That would ensure Verb’s active participation in supporting the platform’s infrastructure while benefiting from maximized returns.

Stotz added:

By becoming the first and largest publicly traded treasury reserve of TON, VERN is not just holding TON on its balance sheet – we are helping to strengthen the economic foundation of the network itself.

TON and potential

Verb Technology isn’t zeroing in on a random digital asset.

Toncoin remains the first coin to receive support from a leading social site.

Dogecoin appears to have failed in its fight to become X’s (formerly Twitter) payment token.

Telegram, the leading messaging platform with around 1 billion active users per month, collaborated with the Ton Foundation to make Toncoin the sole asset powering its ecosystem.

The integration enriched the alt’s utility, now the backbone for payments, wallets, and emerging decentralized applications (dApps) within Telegram.

The use cases likely elevated TON’s institutional appeal.

Recently, Coinbase Ventures endorsed Toncoin as the ideal token for fueling cryptocurrency adoption.

Toncoin price action

The alt trades at $3.30, reflecting the prevailing broad market declines.

Meanwhile, the minor 0.71% price increase signals a possible momentum shift as the community digests Verb’s updates.

TON could see brief gains in the near term, but the broad market outlook suggests short-lived gains.

Nonetheless, institutional interest positions Toncoin for impressive growth and price performance in the coming months and years.

• The platform halted the trading services during its IPO preparations.
• US traders can start accessing Webull from today, August 25.
• Customers can trade more than 50 tokens, with plans to add more instruments soon.

Webull Corp has reintroduced cryptocurrency trading services to its US customers, starting August 25, 2025.

Notably, the platform supported crypto trading until 2023.

However, regulatory uncertainty and IPO plans forced Webull Pay to become an independent entity.

According to today’s press release, the platform has relaunched trading services.

US users can now buy, sell, and trade digital coins like Bitcoin, Solana, and Ethereum.

JUST IN: 🇺🇸 Webull to allow U.S. customers to buy Bitcoin and crypto again.

They previously dropped the service due to regulatory concerns in 2023. pic.twitter.com/fr5YgsxzmG

— Bitcoin Archive (@BTC_Archive) August 25, 2025

For users, the crypto trading resumption feels like a homecoming and a new feature.

Webull CEO Anthony Denier commented on the crypto relaunch, stating:

Our Mission has always been to deliver a streamlined, user-centric investing experience. By integrating crypto trading into the Webull app, we are making it easier for customers to access and manage their entire portfolio, whether they’re trading stocks, options, or digital assets.

Building on Brazil’s comeback

The US reopening comes after Webull relaunched cryptocurrency trading services to users in Brazil in June.

The company used the Brazil comeback to highlight its intent to rejoin the fast-moving crypto industry.

Denier termed it an initial phase of a global push plan to offer clients advanced tools for long-term growth and investment management.

Shifting regulatory climate as a catalyst

Webull’s return to the United States’ cryptocurrency scene isn’t an accident.

The regulatory atmosphere in America has changed since Donald Trump’s victory.

Digital asset entities faced intensified scrutiny under the Biden administration.

Even Webull’s CEO declared that legal uncertainty surrounding crypto at the time partly delayed the firm’s IPO efforts.

However, everything changed since Trump’s inauguration in January.

He promised to make America the hub for digital currency undertakings.

Trump appointed Paul Atkins to replace anti-crypto Gary Gensler, who limited the sector’s growth with unclear policies.

Also, the latest GENIUS law made the US a lucrative nation for crypto activities.

Details of the launch

Webull users in the United States will access over 50 assets, including BTC, ETH, and SOL, at launch.

The platform plans to add more digital tokens and markets in the coming months.

For now, Webull’s over 24 million international customers can enjoy a one-stop venue for managing crypto holdings and traditional investments.

With that, individuals no longer have to depend on many platforms for their digital investments.

That aligns with Webull’s vision of becoming a one-stop shop, allowing investors to manage traditional and crypto assets.

For investors, the timing remains crucial.

Besides the softening regulatory climate in the US, Webull has relaunched amid bullish markets.

Cryptocurrencies have gained popularity in recent months, with most tokens outshining the financial landscape with significant rallies.

Webull Pay CEO Stephen Yip stated that rising crypto popularity fueled their service relaunch.

He said:

Cryptocurrencies have become an essential part of today’s diversified investment strategy. We are excited to again offer crypto trading through Webull to deliver a more unified and convenient experience that reflects how modern investors want to manage their portfolios.

Bitcoin trades at $112,000 after an over 75% increase in the past year. Analysts expect it to close 2025 above $150,000.

Also, Webull’s comeback coincides with the community bracing for a potential altcoin season, which could translate to significant gains for investors.

• Jupiter releases Lend in public beta with $2M in incentives and over 40 vaults.
• The addition introduces higher borrowing limits and simplified earnings with reduced liquidity risks.
• Native JUP has turned bullish following the announcement.

While most cryptocurrencies traded with unclear trajectories on Wednesday, Jupiter Exchange’s native token led the upside with a 6.99% uptick on its daily chart.

The altcoin turned green after the DeFi ecosystem confirmed the Jupiter Lend public beta launch.

Termed as “the most advanced money market on Solana,” the new functionality comes after weeks of development with Ethereum-based developer 0xFluid.

The beta launched with more than 40 vaults and over $2 million in incentives.

After weeks of testing, audits, and feedback, we’re launching with 40+ vaults and $2M+ in incentives from Jup, Fluid, and partners.

Jupiter Lend Public Beta is live 🥳

The most advanced money market on Solana has arrived, built with @0xfluid

After weeks of testing, audits, and feedback, we’re launching with 40+ vaults and $2m+ in incentives from Jup, Fluid, and partners.

Here’s what you need to know 🧵 pic.twitter.com/U3HfGyizcc

— Jupiter (🐱, 🐐) (@JupiterExchange) August 27, 2025

Jupiter Lend aims to transform how users borrow, lend, and maximize returns in the cryptocurrency world.

Simplified participation will likely enrich Jupiter’s DeFi landscape.

The exchange’s native token extended its daily recoveries after the announcement.

It has gained 6.99% on its 24-hour timeframe to press time’s $0.4980.

Built with proven expertise

The partnership has marked the first time two renowned DeFi teams from diverse ecosystems have converged to launch a blockchain protocol.

While Jupiter brought its Solana-native know-how, 0xFluid leverages its 7-year experience in building Ethereum-based money markets to provide an advanced liquidation and lending infrastructure.

Besides user benefits, the launch has attracted attention as it marked the first time two teams from different ecosystems have teamed up to launch a protocol that promises fairness for borrowers and simplicity for lenders.

Jupiter’s team highlighted:

For the first time, two top-tier DeFi teams from two different ecosystems are joining forces. Lend was built together with 0xFluid – a team that has spent 7 years perfecting money markets on Ethereum. We’ve worked together for months to build a Solana protocol that is simpler for lenders and better for borrowers.

Meanwhile, the platform opened Jupiter Lend to the public after months of collaborative development.

Multiple users participated in stress testing, whereas Offside Labs and Zeninth256 performed audits.

JUP’s new utility as a collateral asset

The new feature has enriched JUP’s use cases. The platform confirmed that users can deposit the native token as collateral.

That means individuals can borrow stablecoins like USDC against their JUP holdings while bolstering the ecosystem’s growth.

Such a move reflects the exchange’s emphasis on boosting the community token’s utility as the central asset for the blockchain.

JUP price outlook

The native coin soared nearly 7% over the past 24 hours to $0.4980.

JUP remains poised to extend its rally in the short term as upside sentiments surface.

Buyers are targeting price levels above $0.54.

However, improved trading volumes remain paramount to support sustained rallies.

Also, decisive momentum shifts in the broader market are crucial for JUP’s trajectory in the upcoming sessions.

• GCUL enters private testnet, aiming for 2026 commercial rollout.
• Python-based smart contracts enhance developer accessibility.
• Google-CME partnership tests 24/7 settlement for payments and collateral.

Google Cloud has officially stepped into the blockchain infrastructure space with its Layer-1 platform, Google Cloud Universal Ledger (GCUL), which entered a private testnet phase in late August 2025.

The move positions Google as an emerging competitor in the institutional blockchain market, offering neutral, high-performance distributed ledger technology designed for financial institutions and payment providers.

GCUL supports Python-based smart contracts, making it more accessible for developers and enabling sophisticated on-chain programmable logic.

What it means for financial services and blockchain adoption

Google’s GCUL is designed to serve as a neutral infrastructure layer, tackling a key challenge in existing blockchain ecosystems, where financial firms often hesitate to build on networks controlled by competitors.

For instance, stablecoin issuers like Tether typically avoid blockchains developed by rivals such as Circle, while payment providers like Adyen have been cautious about adopting Stripe’s blockchain solutions.

By maintaining neutrality, GCUL could drive broader institutional adoption, allowing any financial institution to develop blockchain applications without competitive conflicts.

The Google-CME Group partnership, announced publicly in March 2025, underpins GCUL’s early development and testing.

CME Group has completed initial integration and testing, focusing on using the blockchain to enable 24/7 settlement of collateral, margins, and fees, with the potential to reduce costs and improve liquidity.

Full testing with market participants and the commercial rollout of services are expected in 2026.

Google’s blockchain addresses the surging demand for stablecoin transactions and faster payment solutions.

According to a study cited by Google, stablecoin volumes tripled in 2024, reaching $5 trillion in organic transactions, while total volumes climbed to $30 trillion globally.

The report highlighted that fragmented payment systems continue to drive high costs and inefficiencies in cross-border trade, with potential global GDP losses projected at $2.8 trillion by 2030.

GCUL aims to tackle these challenges by providing a transparent, low-latency transaction infrastructure.

What we know about GCUL’s technology and market position

Technically, GCUL features Python-based smart contracts, supporting flexible and widely adopted programming standards.

The platform is built not only to streamline payments but also to function as an infrastructure hub for capital markets, enabling native commercial bank money on-chain and supporting agentic payment capabilities.

Google plans to expand GCUL across its broader cloud ecosystem, granting access to a wide network of institutional partners and developers.

Compared with other emerging Layer-1 blockchain projects, such as Stripe’s Tempo and Circle’s Arc, Google emphasizes GCUL’s role as a neutral player in financial infrastructure.

While Stripe’s blockchain prioritizes payment app performance and Ethereum compatibility, and Circle’s platform focuses on stablecoin transactions, foreign exchange, and capital markets applications, GCUL is designed as a more open, less vertically integrated Layer-1 solution, enabling interoperability across competing institutions.

• The US Department of Commerce has published GDB on blockchain for the first time.
• It has selected Pyth Network as the oracle platform to verify and distribute economic data.
• PYTH saw a sharp price increase after the news.

The United States continues to establish itself as the international hub for blockchain and cryptocurrency undertakings.

In a groundbreaking move, the US Department of Commerce confirmed today that it will start publishing GDP (gross domestic product) data on blockchain, starting with last month’s figures.

The announcement catalyzed bullish sentiments across the cryptocurrency space, especially for the project that the government picked.

The US Department of Commerce has worked with nine blockchains and leading exchanges.

To ensure data accessibility and reliability, it chose Chainlink and Pyth Network.

Pyth Network is working with @CommerceGov to power the distribution of gross domestic product data onchain.

Chief Executive Officer of Douro Labs, @mdomcahill was the only person quoted in the White House exclusive press release with @Bloomberg to speak on how Pyth Network is… pic.twitter.com/3HfZ65ilIK

— Pyth Network 🔮 (@PythNetwork) August 28, 2025

Pyth Network at the center of historic move

The Department revealed that it published the official hash of its quarterly GDP data across nine networks: Bitcoin, Ethereum, Solana, Avalanche, Arbitrum, Tron, Polygon PoS, Optimism, Stellar, and Arbitrum One.

Also, it has worked with leading exchanges, including Coinbase, Kraken, and Gemini, to facilitate the latest release.

Furthermore, the US Department of Commerce tapped oracle providers Chainlink and Pyth Network to guarantee reliability and accuracy.

PYTH rallied immediately after the news as the community celebrated the project’s “validation moment.”

Pyth Network focuses on bringing real-time, high-quality data on-chain.

Thus, the announcement represented a watershed moment for the altcoin, as it anticipates lucrative use cases.

The government’s reliance on Pyth’s oracle service validates its infrastructure and status as a trusted player in the integration between decentralized networks and public institutions.

Government ratification fuels confidence

Howard Lutnick, US Secretary of Commerce, commented on the benefits of this move.

He perceives it as a part of the President’s strategy to make America the hub of blockchain. Lutnick said:

It’s only fitting that the Commerce Department and President Donald Trump, the crypto-President, publicly release economic statistical data on the blockchain. We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world.

The high-profile commendation has put the Pyth Network on the map as a trusted oracle protocol authorized by the government.

Officials confirmed that it will leverage oracles like Pyth to release other datasets, beyond GDP.

PYTH price outlook

The native coin exploded within minutes after the collaboration updates.

PYTH trades at $1891 after gaining around 62% from its daily low.

The staggering 2,400% uptick in trading volume signals massive interest in the altcoin.

Also, Pyth Network’s market capitalization has crossed the $1 billion mark for the first time since February 2025.

The US government endorsement positions PYTH for impressive performance in the coming months and years.

The development could bolster institutional demand from firms exploring blockchain to provide accurate and reliable data.

Prevailing sentiments suggest PYTH might have secured the needed catalyst to recover to its 2024 all-time highs above $1.

• The largest theft was $91.4 million from anonymous Bitcoin addresses.
• Other victims included Odin.fun ($7 million), BetterBank.io ($5 million), and CrediX Finance ($4.5 million).
• Weak audits, human error, and fast platform launches are driving security risks.

The digital asset industry faced another blow in August as hackers stole $163 million across 16 separate incidents, according to blockchain security firm PeckShield.

This was a jump from July’s $142 million, showing how attacks are becoming more frequent and technically advanced.

The largest theft was $91.4 million from multiple anonymous Bitcoin addresses, underlining the vulnerability of individual investors as well as institutions.

Beyond the immediate financial loss, these incidents raise questions about the security of centralised platforms and the long-term impact on investor trust in the wider crypto market, which continues to expand globally.

$54 million BtcTurk hack highlights exchange weaknesses

One of the biggest cases in August was the breach of BtcTurk, Turkey’s leading crypto exchange, which lost $54 million.

This incident was particularly notable because the same platform had already been hit in June 2024 for another $54 million, bringing its total annual losses above $100 million.

BtcTurk confirmed that unauthorised access had been detected, affected wallets were frozen, and investigations with local authorities were underway.

The repeat nature of the attack highlights how centralised exchanges remain a high-value target, with security defences proving inadequate against persistent attackers.

Other platforms lost $17 million in separate cases

While BtcTurk dominated headlines, smaller but still damaging attacks hit other platforms. Odin.fun lost $7 million, BetterBank.io suffered $5 million in losses, and CrediX Finance was drained of $4.5 million.

These examples show how cybercriminals are not only targeting major exchanges but also smaller platforms, often exploiting weak security audits or untested systems.

The cumulative effect of these breaches demonstrates how no level of the crypto ecosystem is safe from exploitation, whether through technical loopholes or basic operational oversights.

Human error and lack of audits fuel rising attacks

PeckShield’s data shows that the crypto sector’s rapid growth is directly linked to the rising number of hacks. New platforms and protocols are often launched quickly without thorough security reviews, giving attackers multiple entry points.

Alongside structural weaknesses, human error continues to play a major role. Users failing to enable two-factor authentication, relying on weak passwords, or falling victim to phishing scams leave both exchanges and personal wallets open to compromise.

The combination of technical flaws and behavioural lapses is creating an environment where cybercrime thrives, forcing exchanges and investors to reconsider their defences.

Regulatory authorities in multiple jurisdictions have noted these trends, pointing to the need for stricter compliance checks.

Bitcoin dips as investor confidence weakens

The impact of these hacks has extended into the wider market. Bitcoin (BTC) slipped 0.29% in the past 24 hours to trade at $108,361.50, with a market capitalisation of $2.15 trillion.

Analysts warn that repeated breaches could slow mainstream adoption, as every incident erodes investor confidence and strengthens the case for stricter regulations to protect consumers and stabilise trading activity.

• The firm will become AVAX One and focus on accumulating Avalanche tokens.
• AgriFORCE aims to become the first publicly listed AVAX-centred entity.
• Institutional interest signals confidence in Avalanche’s future.

Nasdaq-listed AgriFORCE Growing System has announced a historic pivot into the blockchain sector.

According to Monday’s press release, the firm will change its name to AVAX One and raise roughly $550 million to fund Avalanche accumulation.

🔥 NEW | AgriForce Growing Systems ( $AGRI ) will be the first publicly traded company on Nasdaq focused on #Avalanche and will develop a $550 million financing strategy

Big move for $AVAX! pic.twitter.com/qFBmcxbX5k

— PRIME 𝕏 (@primenews_en) September 22, 2025

AVAX One plans to hold Avalanche tokens worth over $700 million, becoming the first publicly listed company dedicated to purchasing AVAX.

The move has gained attention as it marks AgriFORCE’s significant departure from the agriculture sector.

It reflects the firm’s confidence in blockchain as a disruptive force across various industries.

Commenting on this new development, AgriFORCE’s CEO Jolie Khan says:

For the first time, our company provides public market investors with a professionally-managed vehicle to invest directly in this transformation. Our mission is to maximize our ownership of this foundational technology, AVAX, on a per-share basis, delivering direct value to our shareholders as this new economy grows.

Avalanche grabs institutional interest

The Layer 1 has gained traction as a top platform for institutions interested in blockchain.

Avalanche boasts security with over $6.2 billion in staked assets.

Also, leading firms such as Apollo, JPMorgan Chase, and KKR are already using the AVAX network to launch custom blockchain solutions and tokenized products.

Avalanche boasts faster transaction speeds, low costs, and high scalability, features that are crucial for RWA tokenization and DeFi.

Such perks have increased the blockchain’s institutional appeal.

The $550 million bet

The firm plans a massive capital raise led by Hivemine Capital and participation from more than 50 investors, including Cypher Capital, Republic Digital, Kraken, Digital Currency Group, ParaFi, and Galaxy Digital.

The raise will include $250 million in equity-linked financing and $300 million PIPE (subject to stakeholder approval).

Hivemind Capital founder Matt Zhang said the firm plans a short- and long-term approach:

Our near-term active strategy will focus on disciplined asset accumulation and, in the long run, acquiring and onboarding cash-flowing fintech businesses onto the Avalanche network. This creates a powerful growth flywheel and sustained NAV premium that differentiates ourselves from all other digital asset treasury companies and ETFs.

AVAX One will use the raised capital to support its goal of owning AVAX worth more than $700 million.

AVAX price outlook

Avalanche’s native token maintained a bearish outlook today.

It is trading at $31.43 after losing over 4% of its value in the past 24 hours.

AVAX remains bullish after gaining 10% and 20% in the past week and month.

The altcoin trades within the key breakout level between $30 and $31.

Reclaiming $36 could support short-term rallies to $42 and flip AVAX’s near-term trajectory to bullish.

However, losing the foothold at $28 might postpone the imminent rally.

Broad market sentiments will determine Avalanche’s price actions in the coming sessions.

Meanwhile, emerging institutional interest positions the AVAX project for massive growth in the coming times.

• Linea token LINEA has jumped by over 14% to reach highs of $0.029 amid major SWIFT news.
• Reports say SWIFT and bank partners including PNB Paribas and BNY are set to test blockchain messaging system.
• SWIFT has selected Linea for the pilot.

LINEA, the native token of the Ethereum Layer 2 network Linea, has surged by 14% in the past 24 hours, with a sharp spike coming on the back of a major SWIFT announcement.

The token reached intraday highs of $0.029 as news emerged that the interbank messaging platform has selected Linea for testing its system on the blockchain. Gains saw LINEA outpace many altcoins that struggled amid broader crypto price turmoil.

SWIFT to test messaging system on Linea blockchain

SWIFT, the Society for Worldwide Interbank Financial Telecommunication, which facilitates secure messaging for over 11,000 financial institutions across more than 200 countries, is embarking on a transformative experiment.

According to exclusive insights from The Big Whale, SWIFT has partnered with Consensys-developed Linea, an Ethereum Layer 2 solution, to explore migrating its core messaging system onto the blockchain.

Gregory Raymond, co-founder of The Big Whale, shared the news on X.

🟥 Exclusive @TheBigWhale_

SWIFT chooses Linea for blockchain testing

According to information gathered with @BukovskiBuko3, SWIFT and several major global banks (including BNP Paribas and BNY) have chosen @LineaBuild, the Ethereum layer 2 developed by @Consensys, to experiment… pic.twitter.com/EaWLg1IfKp

— Grégory Raymond 🐳 (@gregory_raymond) September 26, 2025

The collaboration will also involve global banking giants, with over 10 banks including BNP Paribas and BNY.

SWIFT is also set to team up with over a dozen institutions on the project, said The Big Whale, with many of these already engaged in the initiative’s proof-of-concept phase.

According to a well-placed source, the project, though still in development, could herald a significant technological overhaul of the international interbank payments industry.

Why the layer 2 blockchain Linea?

Linea’s appeal lies in its emphasis on privacy, enabled by advanced cryptographic proofs.

The banks see this as aligning with the regulatory and security demands of the banking sector.

Linea offers an enterprise-grade infrastructure platform for global finance.

Per details on its website, the network already supports financial institutions like Mastercard, Visa and JP Morgan.

The Consensys-backed platform is designed for blockchain solutions, including tokenization, trading, payments, and onchain settlement.

It allows for integration with decentralized finance protocols, custodians, and real-world asset tokenization platforms.

LINEA price spikes amid news

SWIFT’s plans and The Big Whale’s report on the development triggered a notable market reaction from the LINEA community.

As the token soared over 14%, the price increase was accompanied with a 6% increase in daily trading volume to $353 million.

The gains saw Linea join the likes of Subsquid, Solv Protocol and Lombard in outpacing the top coins.

Linea price reached its all-time high of $0.04657 on September 10, 2025.

The uptick could, therefore, see bulls attempt to retest this level.

Holders and stakeholders will closely monitor the progress of SWIFT’s pilot as it unfolds.