🗞️News Summary 28/5 🗞️
- Trump Media ($DJT) prepares to raise 2.5 billion USD to invest in Bitcoin and build a BTC reserve fund.
- SharpLink successfully raised 425 million USD led by Consensys, while applying a treasury holding strategy using $ETH.
- Strive by Vivek Ramaswamy raised 750 million USD to continue purchasing Bitcoin.
- Circle, the major player in the stablecoin sector, has officially filed for an IPO on the NYSE, with the stock code CRCL.
- Cantor Fitzgerald launched a 2 billion USD lending product backed by Bitcoin, in partnership with FalconX and Maple Finance, promoting connections between traditional financial institutions and crypto.
- Solana is now integrated on the MetaMask Extension, allowing users to manage Solana assets and interact with applications on-chain directly from the desktop plugin. This is the first time MetaMask has supported non-EVM since its launch in 2016.
- Alpaca Finance announced its closure after 4 years of operation, shutting down all products after a long period of holding on, culminating in the event where Binance delisted the ALPACA token last April.
- Sui Network announced a 10 million USD investment to improve ecosystem security after the 223 million USD exploit targeting the DEX Cetus Protocol.
