Chung Daily Note - 2025/5/16
Happy Friday! The weekend is near! Finish strong and celebrate your progress! 🚀
💡@arbusai will relaunch its $ARBUS Genesis Sale with @virtuals_io on May 17 (42,000 $VIRTUAL open market buys and token airdrops for veVIRTUAL stakers)
Some highlights from today's note
🔸Abu Dhabi's Sovereign Fund invests $408M in BlackRock’s spot Bitcoin ETF
🔸Basel Medical Group plans to acquire $1B in Bitcoin
🔸@infinex launches Yaprun with a ~$6M rewards pool to incentivize Yappers and users across the Kaito ecosystem
Read More Below 👇
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📰 News
• Abu Dhabi's Sovereign Fund invests $408M in BlackRock’s spot Bitcoin ETF
• Meliuz buys $28.4M in Bitcoin, becoming Brazil’s first BTC treasury firm
• Fifth Third Bancorp explores crypto services, including stablecoin payments and crypto purchases
• Basel Medical Group plans to acquire $1B in Bitcoin
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📖 Good Reads
• @FireblocksHQ - State of Stablecoins 2025
• @Shoalresearch - @fragmetric: Unlocking Composable Restaking with Solana’s Token-2022 Standard
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🎉 New Protocols
• @taocan_bot
• @SpyIncGame
• @lumefiapp
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💰 Crypto Fundraising
• @TakerProtocol (NFT) - $TBD Strategic investment from @071_labs
• @xpticket (Blockchain Service) - 6.2m Seed led by @BlockchangeVC
• @TrendX_official (Blockchain Service) - 5.2m Strategic
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💵 Airdrops
• @infinex launches Yaprun with a ~$6M rewards pool to incentivize Yappers and users across the Kaito ecosystem
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💡 Videos & Podcasts
• @rektdiomedes - The 12 Best Crypto + Macro Videos
• @BanklessHQ - Weekly Rollup: Markets Are EXPLODING - Here’s Why! ETH Surge, U.S. China Deal & What’s Next
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😇 Opportunity
@Lombard_Finance stakes 5,000+ BTC with @babylonlabs_io to boost LBTC yields, now featuring the Sentora DeFi Vault targeting 6% APY on LBTC/wBTC—paid in LBTC—via Sentora’s institutional-grade risk engine
That's all!
