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According to Fortune, cryptocurrency derivatives exchange Liquid has announced the completion of an $18 million Series A funding round, co-led by Neo and Left Lane Capital, with participation from Haun Ventures, K5 Global, SV Angel, AntiFund, and Sunflower Capital. This comes less than six months after its $7.6 million seed round, which was led by Paradigm.
Odaily Odaily News According to the latest weekly report from Gate Ventures, there are signs of a staged recovery at the macro level. While major stock indices showed divergent performance, the overall trend was upward, and market risk appetite has somewhat improved. Against this backdrop, the crypto market rebounded in tandem, with BTC rising by 6.6% and ETH by 4.7%. They also recorded net spot ETF inflows of approximately $823.7 million and $155 million respectively, indicating a strengthening return of capital. The total market capitalization increased by 5.2%, while the market cap excluding BTC and ETH grew by 2.6%, suggesting that upward momentum is beginning to spread to a broader range of assets, albeit at a relatively moderate pace.In terms of asset and sector dynamics, structural opportunities continue to emerge. The top 30 assets averaged a 4.2% increase. Meanwhile, advancements at the on-chain and industry levels are persisting, including ongoing developments in digital currency infrastructure and asset tokenization. Regarding investment and financing, 12 transactions were completed last week, with a total disclosed financing amount of approximately $54.89 million, representing a month-over-month increase of about 31%. Capital primarily flowed into DeFi and infrastructure sectors. Notably, JPYC secured $17.62 million in funding to advance the infrastructure development of its yen-backed stablecoin. 3F completed a $4 million seed funding round, with participants including Gate Ventures. Against the backdrop of a marginally improving macro environment, investment and financing activity has picked up, with capital still focusing on long-term application scenarios and foundational capability building amidst volatile conditions.
BIT has released a chart stating that the cumulative acquisition cost of Bitcoin currently held by Strategy (formerly MicroStrategy) is approximately $62 billion. Even though Bitcoin has been in a consolidation phase over the past two quarters, the company has continued to raise funds through capital markets and used the proceeds to increase its BTC holdings.Historically, the correlation between Strategy's stock price and Bitcoin's price has been relatively tight. During bull markets, Strategy's stock price is more sensitive to changes in Bitcoin's price, showing greater upward elasticity and often delivering more prominent relative performance. However, when market momentum weakens, the stock price can sometimes weaken earlier than Bitcoin.Currently, there is a certain divergence in the performance of Strategy and Bitcoin. If historical patterns still apply, such divergence is worth continuous attention. Should the two converge again in the future, it could imply an improvement in Strategy's relative performance compared to Bitcoin, but this change remains dependent on the overall market environment.
According to Chainwire, Nasdaq-listed Republic Power Group Limited (“RPGL”) announced a definitive agreement to acquire a 10% equity stake in NVC Partners Limited and enter into a technology services and platform cooperation agreement with NVTH Limited and its affiliate NVTHK Limited, officially entering the real-world asset (RWA) tokenization and blockchain infrastructure market. Under the agreement, RPGL will gain access to RWA tokenization systems, secondary trading infrastructure, and related technology development, support, and maintenance services. The company stated that this move will accelerate its expansion into institutional-grade digital finance and capital markets solutions, leveraging its customer base in Singapore, Hong Kong, and Southeast Asia to drive real-world application deployment.
Odaily OpenAI has recently fallen short of several internal growth targets. CFO Sarah Friar warned that if revenue growth fails to keep pace, the company may struggle to meet its approximately $600 billion computing procurement commitments in the future. The board has also begun reviewing plans to expand data center investments.Reports indicate that ChatGPT user growth, revenue targets, and subscription retention are all under pressure. Although OpenAI recently completed a $122 billion financing round, discussions within management continue regarding long-term capital expenditure and the timeline for an IPO. OpenAI has denied the existence of any major internal disagreements. (WSJ)
According to Bits.media, Russia’s Government Legislative Committee has approved a proposal by the Ministry of Finance to include cryptocurrency-related activities—including cryptocurrency exchanges—within the scope of personal income tax. The draft law proposes calculating transaction costs using the FIFO (First-In, First-Out) method and prohibits carrying forward losses from cryptocurrency transactions to future tax periods. Meanwhile, certain services and transactions would be exempt from value-added tax (VAT), including services provided by digital custodians and cryptocurrency exchange operators, as well as certain foreign digital rights transactions that do not involve physical delivery. For debt-type digital financial assets (e.g., tokenized bonds), the draft law establishes separate rules for profit tax calculation and permits loss carryforwards. Previously, Russia’s State Duma had approved the “Digital Currency and Digital Rights” bill at its first reading.
Bill Ackman's closed-end fund, Pershing Square USA (PSUS), and alternative asset management company Pershing Square (PS) are conducting an initial public offering, expected to raise a total of approximately $5 billion, at the lower end of the previously stated $10 billion target range. This amount includes a $2.8 billion private placement already disclosed to the U.S. Securities and Exchange Commission. Approximately 85% of this offering has been subscribed by institutional investors. Bookbuilding is scheduled to close at 4:00 PM New York time on Monday, with pricing on April 28. Pershing Square USA will charge a 2% management fee with no performance fee, while voting control of Pershing Square is held by Ackman and core management.
According to Bloomberg, a project under Hut 8 Corp. launched an investment-grade bond offering on April 27, with proceeds earmarked for constructing a data center affiliated with Google, a subsidiary of Alphabet. The guaranteed bonds issued will mature in 2042, with an initial yield priced at approximately 213 basis points above the benchmark rate.
According to Decrypt, Bitcoin treasury company Strategy purchased only 3,273 BTC last week—down approximately 91% from the previous week’s acquisition of 34,164 BTC for $2.54 billion. Analysts attribute this slowdown in buying pace to cooling market sentiment surrounding Strategy’s perpetual preferred shares (STRC). STRC had previously driven Strategy to execute its largest BTC purchase in nearly 16 months, fueled by an 11.5% monthly dividend. However, since the ex-dividend date on April 14, STRC’s price has persistently traded below its $100 target range, prompting Strategy to issue 1.4 million common shares for fundraising last week. Notably, Michael Saylor has announced plans to adjust STRC’s dividend distribution frequency to biweekly, aiming to mitigate cyclical fluctuations in the company’s BTC acquisition rhythm.
Solana Company, a SOL treasury firm, completed a private placement, issuing 3,076,922 Class A common shares at $2.60 per share, raising approximately $8 million (approximately $7.9 million net). Mirae Asset led the round, with HashKey Capital participating. The company plans to use the proceeds to increase its SOL holdings and for general corporate purposes.
According to official announcements, Web3 research firm Four Pillars has completed its Series A funding round, with participation from Pantera Capital and Further. The specific funding amount has not yet been disclosed.
following the rsETH incident on April 18, Aave has initiated a rescue plan called DeFi United. Led by Aave founder Stani Kulechov, the initiative calls on the community to donate ETH through a public fundraising campaign.The latest data shows that DeFi United has raised over 100,000 ETH, valued at more than $232 million, with over 85,000 addresses participating.
According to traders, DeepSeek’s recent open fundraising initiative is primarily driven by severe talent attrition. Several core researchers have successively departed, joining ByteDance, Tencent, Xiaomi, and autonomous driving company Yunruilink. Meanwhile, competitors Zhipu AI and MiniMax have already listed on the Hong Kong Stock Exchange, and Moonshot raised funding in three consecutive rounds during the first quarter of this year, with its valuation more than quadrupling since the end of last year.
Fu Peng, Chief Economist of Xinhuo Group, posted on X stating that commodity ETFs are essentially regulatory-compliant products packaging the business model of “holding commodities long-term and generating rental income continuously.” Fund companies focus not on the commodity market’s outlook but rather on the asset’s ability to generate “rent” consistently. Since BitMEX launched the world’s first BTC perpetual contract and introduced the funding rate mechanism on May 13, 2016, long-term BTC holders have been able to earn rental income through hedging operations—transforming BTC from a pure faith-based speculative asset into a “rental asset” with stable positive cash flow logic. The costs paid by retail participants when trading derivatives constitute the foundation for large-position holders’ risk-free hedging rental income. This income is then packaged into ETF-like products sold to liquidity providers (LPs), whose raised capital is subsequently used to purchase Bitcoin—creating a virtuous cycle that reduces volatility and reinforces BTC’s income-generating attributes.
According to CoinDesk, SpaceX is expected to go public in June and could surpass Saudi Aramco’s $29 billion IPO in 2019 to become the largest IPO in history. Meanwhile, OpenAI and Anthropic are also planning to go public in the second half of this year. Collectively, these three companies are projected to raise over $240 billion—potentially marking a pivotal turning point for liquidity in the crypto market. Market analysts believe these mega-IPOs could significantly drain liquidity from risk assets, with the crypto market sitting in the same funding pool. As mainstream crypto assets such as Bitcoin and Ethereum have closely tracked the Nasdaq and U.S. equity risk sentiment in recent years, a large-scale shift of capital toward subscribing to tech giants’ IPOs may weaken buying support for BTC, ETH, and altcoins.
Robin Markets announced on Twitter that it has completed a $475,000 seed funding round led by Fabric VC, with co-leads including Animoca Brands, ATKA Incubator, John Lilic, and Stefan D. George. Additional participants include Hilbert Capital, Layer Zero, Gnosis, and other institutional and angel investors. Robin Markets has also launched its V1 staking product to the public. Robin Markets is a DeFi platform focused on yield generation from Polymarket positions, with its core product enabling users to earn yield on their Polymarket holdings.
According to GlobeNewswire, Fere AI, an AI-powered digital asset trading agent platform, has announced the completion of a $1.3 million funding round led by Ethereal Ventures, with participation from Galaxy Vision Hill and Kosmos Ventures. The platform supports cross-chain networks including Ethereum, Solana, and Base, enabling users to describe their trading objectives in natural language—AI agents then execute the trades. The new funds will be used to accelerate platform feature development and optimize trading execution strategies.
On April 17, South Africa’s National Treasury released the Draft Capital Flow Management Regulations (2026) for public consultation. The draft proposes incorporating crypto assets into the foreign exchange control framework to address associated risks and strengthen oversight of emerging financial instruments. It also aims to align the foreign exchange control framework with recommendations from the OECD and the FATF on combating money laundering, terrorist financing, and illicit financial flows, further clarifying exemptions, licensing requirements, and conditions of application, while imposing administrative penalties for violations.
according to official sources, the overall fundraise scale for Gate's first Pre-IPO project, SpaceX (SPCX), has reached nearly $395 million. Simultaneously, users who stake in the GUSD pool can also enjoy an annualized return of approximately 2.90%, further enhancing capital utilization efficiency.In terms of pricing, the SPCX IPO subscription price was $590, while the current pre-market quote has risen to $600.99.
Decentralized computing platform VORAN has announced the successful completion of a $3 million seed funding round. Participating investors include IBC Group, CGV, All In Club, Harbor Digital Ventures, and several seasoned Web3 industry veterans. VORAN aims to deliver scalable decentralized computing services globally. According to official statements, the funds raised will be primarily used to accelerate the development and iteration of platform applications, as well as further expand its underlying infrastructure.