💥💥💥Summary of new crypto 🗞️🗞️🗞️
1. Update on today's crypto news
- BIS (Bank for International Settlements) tests smart contracts through the Pine Project, in collaboration with central banks.
- Abu Dhabi National Investment Fund purchases $408M BlackRock Bitcoin ETF.
- Meliuz (Brazil) buys $28.4M Bitcoin – becoming the first company to hold BTC in its treasury.
- Fifth Third Bancorp studies the integration of stablecoin payments & crypto services.
- Basel Medical Group plans to buy $1B Bitcoin.
2. New Protocols & Products Launched
- BlackRock's sBUIDL launches the first direct DeFi protocol integration with Euler on Avalanche.
- The trading volume of stablecoins on Ethereum hits a new peak in April with $908 billion – thanks to funds from institutions, tech giants, and the Trump effect.
3. Application Updates
- 0x acquires rival Flood to expand its market share in the $2.3B DEX aggregator space.
- Aave surpasses $25B TVL – reaching an all-time high.
4. Fundraising
- Hedra successfully raises $32M in Series A round.
- XSY raises $5M in Pre-Series A round – launching a synthetic USD stablecoin on Avalanche.
- Giza receives $2.2M from a new funding round.
- TakerProtocol secures strategic funding from 071_labs.
- xpticket raises $6.2M seed round led by BlockchangeVC.
- TrendX receives $5.2M strategic funding – expands blockchain services.
