🔔 MARKET MOVING NEWS! (26/04/25)
1️⃣ DOGE Mining Firm Z Squared To Go Public Through Merger 🔍
Dogecoin mining firm ‘Z Squared’ is reportedly merging with biopharmaceutical company Coeptis Therapeutics. The goal of the merger is to create the largest publicly traded company with a primary focus of mining dogecoin and other cryptocurrencies like Litecoin. The boards of both companies have agreed to the merger, which is subject to closing conditions and both regulatory and shareholder approval. The transaction is expected to close in the third quarter of 2025. The combined entity will have 9,000 U.S.-based DOGE mining machines.
2️⃣ Payments Giant Stripe Building 'New Stablecoin Product,' Bypassing US, EU And UK ✨
Payments giant Stripe is reportedly building a new US dollar stablecoin product for clients based outside the United States, the United Kingdom and Europe. The product will be built using Bridge, the stablecoin services unit Stripe acquired in October 2024 for $1.1 billion. Stripe CEO Patrick Collison commented that the firm wanted to build this product for around a decade. Collison posted an invitation for companies interested in testing the product.
3️⃣ DeFi Development Company Files $1 Billion Shelf Offering With SEC ⚡️
The DeFi Development Company (DDC) has reportedly filed for a $1 billion shelf offering with the U.S. Securities and Exchange Commission. The filing notes that DDC could offer common stock, preferred stock, warrants, debt securities and other instruments as part of the offering. Notably, DDC is one of the latest publicly traded companies to buy and stake SOL as part of its corporate treasury strategy.
4️⃣ Ethereum Public Goods Funding Protocol Gitcoin Winding Down Its Software Division 👀
Ethereum public goods funding protocol Gitcoin is reportedly shutting down Gitcoin Labs - its primary software development unit. Gitcoin co-founder Kevin Owocki stated that the decision was made in part due to a “path to profitability” being unrealistic. Owocki also noted that the remaining funds with the company will go towards paying severance “to all whose employment is affected.”
Owocki stated,
The financial overhead of Grants Lab has outpaced its financial runway in the current environment. This decision was made in consultation with the top stewards of Gitcoin and lead of Grants Lab […] Gitcoin will continue, but with a leaner team aligned around a more focused Gitcoin Grants program and managing its portfolio of assets. And Gitcoin remains a vibrant, resilient community with many years of runway, and which is more than any one team or product.
5️⃣ Semler Scientific Buys Another $10M Worth Of BTC 💸
Nasdaq-listed healthcare company Semler Scientific has reportedly purchased 111 BTC (worth roughly $10 million) since Feb. 14. The purchases were made at an average price of roughly $90,000 per BTC. The latest buy brings its total holdings to roughly 3,300 BTC (worth approximately $300 million). Semler also highlighted that its Bitcoin purchases have earned stockholders a Bitcoin yield of 23.5% in the year to date.
6️⃣ Deloitte Predicts $4T Tokenized Real Estate On Blockchain By 2035 💰
According to a recent report published by The Deloitte Center for Financial Services, over $4 trillion worth of real estate could be tokenised on blockchain networks by 2035. At less than $300 billion worth of tokenised real estate in 2024, the report estimates a compound annual growth rate (CAGR) of more than 27%.
Commenting on the report, Plume Network co-founder Chris Yin stated,
Real estate itself is undergoing transformation. Post-pandemic work-from-home trends, climate risk, and digitization have reshaped property fundamentals. Office buildings are being repurposed into AI data centers, logistics hubs and energy-efficient residential communities. Investors want targeted access to these modern use cases, and tokenization enables programmable, customizable exposure to such evolving asset profiles.