Author: John Smith

Nasdaq-listed Solmate Infrastructure, a Solana-focused treasury and infrastructure company, has raised about $11.4 million via a registered direct offering of Class B common stock. Summary Solmate is issuing 2,298,000 Class B shares at $4.97 each The registered direct offering is expected to raise roughly $11.4 million The deal is slated to close around May 27, 2026, subject to closing conditions According to Businesswire, Solmate Infrastructure is issuing a total of 2,298,000 shares of Class B common stock in a registered direct offering priced at $4.97 per share. The company expects to raise approximately $11.4 million in gross proceeds before fees and…

Asset tokenization platform Securitize is moving ahead with a SPAC merger on Nasdaq, aiming to accelerate its expansion beyond stablecoins into a broader universe of tokenized securities. Summary Securitize plans to go public via a merger with Nasdaq-listed SPAC Cantor Equity Partners II (CEPT) CEO Carlos Domingo says the company is already profitable in asset tokenization The firm wants to use its public listing to issue and trade more tokenized assets beyond stablecoins Securitize’s efforts to “tokenize the world” just took an added-value turn, with the company doubling down on efforts to assemble on-chain securities infrastructure operational at scale. The…

Zcash has emerged as the market’s primary breakout performer, logging a 15% single-day advance to trade at $660.21. Summary Zcash price surged 15% to $660 after the SEC officially closed its multi-year probe into the Zcash Foundation without penalties or enforcement action. Institutional accumulation accelerated as Multicoin Capital disclosed a long-term ZEC position, while Cypherpunk Technologies expanded holdings to 314,185 ZEC. ZEC confirmed a bullish flag breakout on rising volume, with CoinGlass data showing a 38% jump in open interest and over $14.2 million in short liquidations. Investor sentiment has rapidly pivoted from cautious accumulation to aggressive risk-on expansion, fueled…

Boerse Stuttgart Group’s Seturion has added Societe Generale, SG-FORGE and flatexDEGIRO to expand blockchain-based securities settlement across Europe. Summary Boerse Stuttgart’s Seturion added SocGen, SG-FORGE and flatexDEGIRO for blockchain-based securities settlement across Europe. SG-FORGE will provide EURCV and USDCV stablecoins for settlement under the new Seturion partnership. Related reports show European banks are racing to build MiCA-ready stablecoin and tokenization rails. The May 21 announcement said Seturion will provide settlement for tokenized securities transactions between the partners. The platform is part of Boerse Stuttgart Group and is designed as an open settlement network for banks, brokers and trading venues. Seturion…

IG plans to expand crypto trading across Europe through Bitpanda, as the London-listed trading group grows its digital asset offering beyond the U.K. Summary IG plans to expand crypto trading across Europe using Bitpanda’s liquidity, trading connectivity, and market data. IG reported £331.2 million in Q1 2026 revenue, with spot crypto contributing £2.4 million. Bitpanda holds MiCA licenses in Germany and Malta, supporting crypto services across the EU. IG’s European division will use Bitpanda’s infrastructure to offer digital asset access to investors in Europe, CoinDesk reported, citing an emailed statement. The setup will include liquidity, trading connectivity, and market data…

The U.S. Treasury has sanctioned two networks linked to the Sinaloa Cartel over allegations that they used cryptocurrency transactions to move fentanyl trafficking proceeds. Summary U.S. Treasury sanctioned two networks accused of helping the Sinaloa Cartel move fentanyl trafficking proceeds through cryptocurrency. Six Ethereum wallet addresses were added to the sanctions list, including one USDT-linked address that became active again in April after more than a year. Authorities in Brazil and the U.S. have continued targeting crypto-linked money laundering operations tied to organized crime groups across Latin America. According to the U.S. Department of the Treasury, the sanctions announced Wednesday…

Missouri has sued GPD Holdings LLC, the company behind CoinFlip, alleging the crypto ATM operator enabled scam transactions and used poorly disclosed fees. Summary Missouri sued CoinFlip, alleging crypto ATMs enabled scams against seniors and veterans. State seeks Missouri ban, restitution, and civil penalties of up to $1.826 million. Bitcoin Depot’s bankruptcy shows crypto ATM operators face mounting legal and regulatory pressure. Missouri Attorney General Catherine Hanaway filed the case against GPD Holdings LLC, doing business as CoinFlip, on May 21. Her office said the company allegedly “knowingly facilitating fraudulent transactions and profiting from them” through cryptocurrency kiosks across the…

GSX has settled over $350m on-chain while none of its committed $125m settlement liquidity has moved yet. Summary GSX co-founder Ryan Kirkley said zero of the committed $125m settlement liquidity has moved since the May 6 announcement. The firm has settled more than $350m on-chain, mostly through US dollar stablecoins. GSX is still forming the market maker entity that will deploy the committed liquidity. Global Settlement Network co-founder Ryan Kirkley said the company has settled over $350m on-chain, even as none of its newly committed $125 million in settlement liquidity has moved.The disclosure, made in a recorded interview, draws a…

Hester Peirce will leave the SEC in November 2026 to join Regent University School of Law as professor. Summary Regent University School of Law announced on May 19 that Hester Peirce will join as associate professor starting in November 2026. Peirce has led the SEC’s Crypto Task Force since January 2025 and served as commissioner since 2018, appointed by President Trump. She will teach securities regulation, financial markets, digital assets and public policy at Regent Law in Virginia Beach. Regent University School of Law announced on May 19 that Hester Peirce will join its faculty as associate professor starting in…

Bitcoin quantum exposure covers 1.92 million BTC, or 9.6% of total supply, Glassnode warned in a new report. Summary Glassnode classified 1.92 million BTC as structurally exposed to a quantum breakthrough because their output types reveal public keys by design. Satoshi Nakamoto’s coins represent about 1.1 million BTC of the structural risk, with another 620,000 BTC in other early Satoshi-era outputs. A broader 4.12 million BTC, or 20.6% of supply, is operationally exposed due to address reuse and key management practices at exchanges. Blockchain analytics firm Glassnode published a full analysis on May 20 classifying 1.92 million BTC, or 9.6%…