Inco completes $5 million strategic round of financing, dedicated to on-chain privacy technology
According to Inco's official news, Inco announced the completion of a strategic round of financing of US$5 million led by a16z crypto CSX and participated by Coinbase Ventures, bringing the total financing amount to US$10 million. Inco focuses on solving the privacy issues of blockchain and is committed to allowing users to perform operations such as salary payments and Texas Hold'em on the chain without disclosing sensitive information. At present, its first product "Inco Lightning" has been launched on the Base Sepolia test network.
ApeCoin has started NFT staking rewards on ApeChain
According to ApeCoin’s official news, NFT staking rewards are now available on ApeChain. Users need to go to the new website apechainstake.io to stake $APE to receive rewards. The participation process includes: unstaking $APE from the old site, cross-chaining assets to ApeChain, re-staking on the new platform, and managing Shadow delegations through Delegate.xyz. Staking on the old site will no longer generate rewards.
Moonshot Launches Trencher ($TRENCHER)
Moonshot announced the launch of Solana's new coin Trencher ($TRENCHER). Its current market value is approximately $2.7 million, and its 24-hour trading volume is $18.5 million. In addition, Moonshot also launched Nobody Sausage ($NOBODY) early this morning.
MagicBlock Completes $7.5 Million Seed Round, Led by Lightspeed Faction
MagicBlock, a Solana-based gaming company, announced the completion of a $7.5 million seed round of financing, aiming to build real-time, non-fragmented infrastructure for decentralized games and applications through Ephemeral Rollups technology native to Solana. This round of financing was led by Lightspeed Faction, and investors included Maven11, Delphi Digital, Robot Ventures, Mechanism Capital, Equilibrium and Pivot Global. The angel investor lineup includes Solana co-founders Anatoly Yakovenko, Mert Mumtaz and Tristan Yver. a16z participated in early investments, and the total financing amount has now reached $10.5 million. MagicBlock plans to expand the engineering team, promote the development of the Solana application ecosystem, and optimize its real-time execution architecture.
According to the official TrumpMeme X account, there was a misunderstanding about the rules for participating in the "Dinner with Trump" event. Officials clarified that you do not need to hold more than $300,000 in $TRUMP tokens to participate. Participation is based on time-weighted holdings registered and on Leaderboard, not block browser rankings. Initial unlock and daily unlock tokens will still be locked for an additional 90 days to ensure fairness in the competition.
El Salvador added 1 Bitcoin, bringing its total holdings to 6,157.18
According to data from the official website of the Ministry of Finance of El Salvador, the country increased its holdings of 1 bitcoin 7 hours ago. The current total bitcoin holdings are 6,157.18, with a total value of approximately US$578 million based on current prices.
ARK raises Bitcoin's 2030 bull market target price to $2.4 million
According to Bitcoin Magazine, ARK Invest has raised its target price for Bitcoin in the bull market scenario in 2030 from $1.5 million to $2.4 million, with an estimated annual growth rate of 72%. The forecast takes into account the 6.5% penetration rate of institutional investment in the global market portfolio, Bitcoin's replacement of 60% of gold's market value, emerging market safe-haven demand and the growth of on-chain financial services, and adjusts the model based on Bitcoin's "active supply". ARK pointed out that most valuation models do not reflect Bitcoin's scarcity and lost supply. According to the "Big Ideas 2025" report previously released by ARK Investment Management, ARK expects Bitcoin's price target by 2030 to be approximately $300,000 in a bear market scenario, approximately $710,000 in a baseline scenario, and approximately $1.5 million in a bull market scenario.
Deloitte report: Global real estate tokenization market may reach $4 trillion by 2035
According to a report by Deloitte Financial Services Center cited by CoinDesk, the global real estate tokenization market is expected to grow to $4 trillion by 2035, with a compound annual growth rate of 27%. This trend will reshape the private real estate market through on-chain loans, funds and land ownership. The report points out that despite its significant advantages in efficiency, settlement speed and investor coverage, asset custody, regulatory clarity and default handling remain key challenges.
Mantle (MNT) is included in the Coinbase asset roadmap
According to Coinbase Assets, Mantle (MNT) has been added to its asset roadmap, and future trading will be notified separately depending on market making support and technical readiness.
Coinbase adds ZORA to its asset roadmap
According to Coinbase Assets, ZORA (ZORA) has been added to its asset roadmap. Coinbase said that the launch of ZORA trading still depends on market making support and technical infrastructure preparation, and the specific launch time will be announced separately.
Cumberland deposited 2,261 BTC to CEX, worth over $200 million
According to The Data Nerd, Cumberland deposited 2,088 BTC (about $193.36 million) into Coinbase 2 hours ago, and 173 BTC (about $16.05 million) into Coinbase 20 minutes ago.
US SEC meets with Ondo Finance to discuss compliant issuance of tokenized securities
According to the meeting memorandum released by the U.S. Securities and Exchange Commission (SEC) Crypto Asset Task Force on April 24, Ondo Finance and representatives of Davis Polk & Wardwell LLP met with the U.S. Securities and Exchange Commission (SEC) Crypto Working Group to discuss the compliance path for issuing and selling tokenized U.S. securities. The meeting topics included key issues such as structural models for tokenized securities, registration and broker requirements, market structure regulations, financial crime compliance, and state corporate laws. Ondo Finance proposed seeking a regulatory sandbox or other form of regulatory exemption to advance the issuance of its tokenized asset products. The talks are intended to provide a clear regulatory framework for tokenized securities in the U.S. market.
According to Decrypt, the decentralized AI training platform FLock.io announced a strategic partnership with Alibaba Cloud to develop vertical and general AI models based on Alibaba Cloud's large model Qwen and cloud computing infrastructure. In this cooperation, FLock.io will use Alibaba Cloud's infrastructure and products to create various AI models. In the future, both parties will leverage their respective technical expertise to explore research opportunities and application scenarios in the field of AI. In addition to technical integration, FLock.io will also work with Alibaba Cloud to promote joint research projects, leveraging the knowledge and resources of both parties to explore new applications of centralized and decentralized artificial intelligence. The market shows that the FLOCK token is currently trading at $0.08717, with a 24-hour increase of 47.9%.
CME Group announces plans to launch XRP futures on May 19, pending regulatory review
According to PR Newswire, CME Group announced today that it plans to launch XRP futures on May 19, pending regulatory review. Market participants will have the choice of trading micro contracts (2,500 XRP) and larger contracts (50,000 XRP). CME's XRP futures will be settled in cash and based on the Chicago Mercantile Exchange CF XRP-USD Reference Rate, which serves as a daily reference rate for the XRP USD price and is calculated at 4:00 pm London time every day. XRP futures will join the company's suite of crypto products, which includes Bitcoin and Ethereum futures and options, as well as the recently launched SOL futures.
According to CoinDesk, Polygon has officially launched the Agglayer Breakout program, which aims to support development projects based on the Agglayer and Polygon PoS ecosystems. The program will provide selected projects with Polygon Labs' technical support, funding and ecological resources. Successfully graduated projects must airdrop 5%-15% of their native tokens to POL stakers and integrate with the Agglayer network. Among the first batch of participating projects, the ZK-based identity framework Privado ID has completed incubation and plans to airdrop 5% of tokens; the ZK chain Miden, led by former Facebook blockchain team members, is about to graduate and will airdrop 10% of tokens; an undisclosed DeFi chain plans to airdrop 15% of tokens. POL stakers can participate in snapshots from next week to obtain airdrop qualifications.
Ether.fi transforms into a new DeFi bank and launches cash card in the United States
According to CoinDesk, the re-pledge protocol Ether.fi announced its plans to add banking services to make it a new DeFi bank. The platform application will integrate traditional banking services with cryptographic functions, supporting users to use fiat currency for daily financial operations such as bill payments and salary payments, while retaining its core re-pledge products-users can obtain liquid pledge tokens (LST) by staking ETH and obtain additional income in the DeFi ecosystem. Last September, Ether.fi announced the launch of its own Visa "cash" card, which will allow cardholders to use cryptocurrencies as collateral to consume fiat currencies. Previously, the product and pledge services were restricted due to regulatory requirements, but now they have been launched in the United States. Initially, the product will be launched in selected states and a series of partnerships have been established with local entities to ensure compliance with regulatory requirements.
Coinbase International will launch Initia perpetual contract trading
Coinbase International Station announced on the X platform that Coinbase International Station and Coinbase Advanced will add support for Initia perpetual contracts. The INIT-PERP market is expected to open at or after 23:00 on April 24, Beijing time.
Securitize Launches New Crypto Index Fund, Backed by $400 Million from Mantle
According to The Block, real-world asset tokenization company Securitize has partnered with Mantle to launch a new institutional crypto index fund, with Mantle pledging $400 million as the fund's cornerstone investment. The Mantle Index Four (MI4) fund aims to invest in top crypto assets, including BTC, ETH, SOL, and USD stablecoins, with the goal of becoming the "S&P 500 in the cryptocurrency space." Its configuration reflects market capitalization and risk, according to a press release. The fund aims to further increase returns by rebalancing the fund quarterly and integrating staking strategies such as Mantle's mETH and Bybit's bbSOL.
Binance Alpha adds Dolomite (DOLO)
According to the official page, Binance Alpha has added Dolomite (DOLO).
Solana’s Early Backer RockawayX Launches New $125 Million Fund
According to Forbes, Prague crypto venture capital firm RockawayX announced the completion of the fundraising of its second early-stage fund of $125 million. The fund was closed in the first quarter of this year and will mainly invest in Solana ecosystem startups. The institution, which invested in Solana, which has not yet landed, in 2018, currently manages assets of about $2 billion, has offices in Prague, Dubai and London, and two-thirds of its 45 employees are engineers. RockawayX CEO Victor Fischer said that two-thirds of the new fund will be used for seed round investments, and the rest will be allocated to liquid assets. Although the amount of crypto venture capital in the US market fell by 22% in the first quarter, RockawayX's fund return rate in 2021 has exceeded 5 times, mainly benefiting from early investments in Solana, market maker Wintermute and lending protocol Morpho Labs. The institution has invested in more than 15 Solana ecosystem projects and will jointly launch the accelerator center "Solana City" in Dubai with the Solana Foundation and development company Helius Labs on May 1.
