COIN OF THE DAY $ETH #Ethereum #CRYPTO2025 #DYOR | Phoenix Group on Binance Square

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COIN OF THE DAY

$ETH  
#Ethereum  

#CRYPTO2025 #DYOR 

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GoQuant raises $4M in a Seed funding round #GoQuant secures $4M in a Seed funding round led by GSR, with participation from Copper co, Lombard Odier, Capital Union Bank, TYR Capital, and FRNT Financial. GoQuant is a digital asset trading infrastructure provider, delivering market data, trade execution, and portfolio/risk management systems. 👉 goquant.io/articles/goquant-raises-4m-in-seed-funding-led-by-gsr

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LATEST BINANCE LAUNCHPOOL PROJECTS Let's review the token metrics of the latest projects that were recently listed on Binance through the Binance Launchpool: #Nillion | Launchpool rewards: 35M $NIL #GUNZ | Launchpool rewards: 400M $GUN #WalletConnect | Launchpool rewards: 40M $WCT #Initia | Launchpool rewards: 30M $INIT #SpaceandTime | Launchpool rewards: 125M $SXT

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Arbitrum Gaming Ventures unveils initial $10M investment cohort #ArbitrumGamingVentures unveils initial $10M investment cohort as part of its larger 200M $ARB (approximately $66M) initiative to expand the Arbitrum gaming ecosystem. Initial cohort covers games development, publishing platforms, and infrastructure spanning AAA experiences, social and casual categories, and emerging distribution channels, and includes #Wildcard , #HyveLabs , #TRex , #Xai and #ProofofPlay. 👉 businesswire.com/news/home/20250508307878/en/Arbitrum-Gaming-Ventures-Reveals-%2410M-First-Investment-Cohort

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Coinbase unveils acquisition of Deribit for approximately $2.9 billion Coinbase acquired Deribit, the world's leading crypto options exchange, in a deal valued at around $2.9 billion, consisting of $700 million in cash and 11 million shares of Coinbase Class A common stock. The transaction is subject to regulatory approvals and customary closing conditions, with completion anticipated by year-end. With this acquisition, Deribit’s strong presence and professional client base will accelerate Coinbase's international growth strategy. 👉 coinbase.com/blog/coinbase-to-acquire-deribit-becoming-the-most-comprehensive-global-crypto-derivatives-platform

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Space and Time has been listed on multiple exchanges #SpaceandTime $SXT has been listed on Binance, Bybit, Gate, KuCoin, MEXC, Bitget, and other exchanges today, on May 8th, at 13:00 UTC. Current $SXT price is $0.17 Current market cap is $240.87M Current FDV is $860.25M Space and Time is the verifiable compute layer that scales zero-knowledge proofs on a decentralized data warehouse to deliver trustless data processing to smart contracts, LLMs, and enterprises.

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