News linked to both this project and an event.
According to Crypto Briefing, Nik Storonsky, CEO of Revolut—the largest fintech company in Europe—told David Rubenstein in a recent interview that the company’s IPO is still at least “two years away,” meaning it would not go public before 2028 at the earliest. Prior to its IPO, Revolut will continue offering liquidity to employees and early investors via secondary share sales; a new round of such transactions is reportedly slated for 2026. The company’s latest valuation stands at $75 billion. Meanwhile, Revolut is actively expanding into the U.S. market and has completed its second application for a U.S. banking charter. If approved, it would gain direct access to the Federal Reserve’s payment systems and be able to offer loans and credit cards to U.S. customers.
According to The Block, the cryptocurrency venture capital sector is undergoing a structural shift. Investors now broadly require startups to demonstrate real users and revenue before committing capital—marking the end of the era when early-stage fundraising was easy. Token-based exit strategies have become significantly less reliable; low-liquidity, high-valuation token launches continue to underperform the broader market, prompting investors to revert to traditional equity-oriented thinking. Meanwhile, the rise of the AI sector has siphoned off substantial LP capital and entrepreneurial talent, further intensifying fundraising challenges for crypto VCs. Nonetheless, several investors note that reduced competition, more rational valuations, and an improving regulatory environment point to 2026–2027 as the strongest investment years since 2018. Future capital will focus on areas with clear business models—including stablecoins, payments, tokenization, real-world assets (RWAs), and financial infrastructure—while the boundaries between crypto VCs and traditional VCs accelerate toward convergence.
According to an official announcement from Curve Finance, due to a hacker attack on the rsETH LayerZero infrastructure, Curve Finance has suspended its LayerZero infrastructure for security reasons, pending further investigation into the root cause before resuming operations. This suspension affects the following: cross-chain bridging of CRV tokens from BNB Chain, Sonic, Avalanche, Fantom, Etherlink, and Kava (chains using native bridges remain unaffected), as well as the crvUSD fast bridge functionality (the L2 slow bridge remains fully operational). Meanwhile, KelpDAO is also reported to have suffered a vulnerability exploit involving approximately $291 million; the exact extent of losses is still under investigation.
Odaily News: Polish Prime Minister Donald Tusk stated that a cryptocurrency company linked to "Russian mafia and intelligence agencies" is funding political opponents and influencing domestic crypto regulatory legislation. During a parliamentary vote on Friday, Tusk pointed out that some Polish politicians are obstructing crypto regulatory legislation to serve a company named Zondacrypto, which is alleged to provide "financial support" to political figures and has ties to Russia.Tusk further claimed that the company sponsored the CPAC (Conservative Political Action Conference) event held in Poland last year, during which former U.S. Secretary of Homeland Security Kristi Noem publicly supported President Karol Nawrocki's campaign.Tusk bluntly stated that the company's funding sources not only involve "funds related to the Russian mafia (Bratva)" but may also be connected to Russian intelligence agencies.Meanwhile, President Nawrocki won the election last June, with his camp receiving support from former U.S. President Donald Trump. The President's Office responded that it is not opposed to crypto regulation itself but opposes the "flawed regulatory model" proposed by the government.This controversy arises amidst the political tug-of-war in Poland over the crypto regulatory bill. The bill aims to align with the EU's MiCA (Markets in Crypto-Assets Regulation) framework. However, the President previously vetoed the relevant bill and blocked parliament from overriding the veto in December, stalling the regulatory process. (The Block)
According to Tech in Asia, Naver plans to pursue an IPO for its subsidiary Naver Financial within five years after completing a share swap transaction with Dunamu—the operator of South Korea’s Upbit cryptocurrency exchange. Per the shareholders’ agreement signed by both parties, an IPO committee must be established within one year following the completion of the transaction; if the IPO is not completed within five years, the deadline may be extended up to seven years. The specific timing and structure of the IPO have yet to be determined and will depend on market conditions and regulatory developments. Notably, South Korea’s proposed Digital Asset Basic Act could impact the transaction structure, and regulators are also discussing a rule that would cap the maximum shareholding ratio for major shareholders of cryptocurrency exchanges at 20%. Meanwhile, Dunamu’s operating profit for 2025 declined 26.7% year-on-year to KRW 869.3 billion (approximately USD 591 million), primarily due to a slowdown in cryptocurrency trading volume.
According to FinanceFeeds, Morgan Stanley stated that real-world asset tokenization has become the “next major step” for its global business and is now a strategic priority in its initiative to upgrade traditional financial infrastructure using blockchain. The firm plans to integrate traditional and digital assets within regulated environments, advance near real-time on-chain settlement, and launch an institutional digital wallet in the second half of 2026—supporting tokenized traditional investment products as well as crypto assets such as Bitcoin, Ethereum, and Solana. Meanwhile, Morgan Stanley is also advancing the development of a tokenized private equity secondary market and building both on-chain and off-chain settlement processes.
According to Cointelegraph, Tarek Mansour, CEO of prediction market platform Kalshi, stated that Kalshi will launch a “Parent Portal,” allowing parents to submit identification information to verify whether their children are impersonating them to circumvent the platform’s age restrictions. Kalshi will also add selfie verification to accounts, using facial recognition technology to determine whether the user matches the registered identity. The report notes that Kalshi is currently under scrutiny at both the state and federal levels in the U.S. over sports event contracts and wagers related to military operations. Meanwhile, Kalshi has argued in court that it falls exclusively under the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC), and related state-level lawsuits remain ongoing.
According to Cointelegraph, Denis Beau, First Deputy Governor of the Bank of France, stated at the EUROFI High-Level Seminar that the Bank of France is advocating for the European Union to strengthen payment restrictions under the Markets in Crypto-Assets Regulation (MiCA) on non-euro stablecoins—particularly U.S. dollar–pegged stablecoins. Beau noted that existing regulatory measures may be insufficient to address the risks posed by widespread stablecoin adoption. Meanwhile, on April 7, the French National Assembly passed an anti-fraud bill that would require annual reporting of self-custodied crypto wallets with a value exceeding €5,000; however, the bill has not yet completed the legislative process.