ICO Drops - ICO News & Alerts
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Hong Kong crypto investment company Animoca Brands is planning to go public in New York.

https://www.ft.com/content/cebe6fb8-4aff-406e-8ece-ad131306f858
Yakovenko: “There should be a meta blockchain. Post data anywhere, Ethereum, celestia, Solana, and use a specific rule to merge data from all the chains into a single ordering. This would actually allow the meta chain to use cheapest currently available DA offer.

Simple way to do this would be for the tx to reference the latest block headers from the potential DA layers. So MetaTX posted to Solana would included the last observed block form eth and celestia. This would mean it is guaranteed to be ordered after eth and celestia txs.”

https://x.com/aeyakovenko/status/1921938656924737602
YZi Labs launches EASY Residence, its 10-week in-person program for top Web3, AI, and healthcare founders

YZi Labs will invest $500,000 in each accepted startup; this investment is divided into two parts:

1. $150,000 for 5% equity (plus other rights if applicable) in the form of a Simple Agreement for Future Equity (SAFE).
2. An additional $350,000 on an uncapped SAFE at your next round post Demo Day.

https://x.com/yzilabs/status/1922168564590772701
Aptos cofounder Mo Shaikh still owns ~98% of my APT tokens

https://x.com/moshaikhs/status/1921911934158324183
Wormhole was selected as the official interoperability partner for the newly launched VanEck Treasury Fund, via its partnership with Securitize

As the interoperability provider, Wormhole will power VBILL’s multichain accessibility across the Avalanche, BNB Chain, Ethereum, and Solana blockchains, as well as any additional chains added in the future.

https://wormhole.com/blog/securitize-announces-wormhole-as-official-interoperability-provider-for-vaneck-vbill
Binance has announced the 16th TGE on Binance  Wallet with Privasea (PRAI) via PancakeSwap

Subscription: May 14, 2025, from 10:00 to 12:00 UTC
Starting from this TGE, eligible users need to use Alpha Points to participate
Additional 40,000,000 PRAI for upcoming campaigns — details coming soon

https://x.com/BinanceWallet/status/1922279506146164772
👀Top Solana Memes by Price Bounce from April Dip

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Arbitrum plans to increase blockchain throughput by 100 times

https://blog.arbitrum.io/scaling-arbitrum-everywhere/
The crypto market is growing
BTC Dominance - 60.76%

Market Cap - $3.39T
BTC - $103,556.98 (+1.64%)
ETH - $2,641.64 (+8.75%)
XRP - $2.55 (+4.67%)
BNB - $660.35 (+2.68%)
SOL - $180.14 (+7.58%)
SUI - $3.97 (+3.13%)

https://dropstab.com
Thailand’s Finance Ministry plans to issue 5 billion baht (about $150 million) worth of a new digital investment token within two months

The so-called G-Token is a digital token used to raise funds from the public under the current budget borrowing plan, although it isn’t a debt instrument.

https://www.bloomberg.com/news/articles/2025-05-13/thailand-to-issue-150-milllion-in-government-investment-tokens
Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars

https://cointelegraph.com/news/coinbase-invests-in-canadian-stablecoin-issuer
Crypto and equities trading platform eToro announced today that its Nasdaq initial public offering saw "upsized" pricing of shares at $52 per share, reflecting stronger-than-expected demand.

The IPO is anticipated to raise approximately $310 million in capital for the company. With the IPO, eToro has a valuation of $4.2 billion.

https://www.theblock.co/post/354207/etoro-prices-nasdaq-debut-52-surpassing-expectations
Injective yesterday hit an ATH in user activity and transactions

https://x.com/injective/status/1922378383972880889
Succinct Launches Stage 2 of Prover Network Testnet

https://x.com/SuccinctLabs/status/1922347891114295575
Arbitrum has announced a $10 million investment into blockchain gaming through its newly formalised venture initiative, Arbitrum Gaming Ventures

The $10 million allocation is intended to support projects working on games, publishing platforms, and underlying infrastructure. The five selected recipients are Wildcard, Hyve Labs, T-Rex, Xai, and Proof of Play.

• Wildcard is developing a multiplayer game that combines third-person combat with spectator interaction. It is led by industry veterans with experience in mainstream game development.
• Hyve Labs is creating a gaming-specific rollup designed to allow cross-platform gameplay on social platforms and browsers.
• T-Rex is focused on consumer blockchain infrastructure, with operations concentrated in Southeast Asia.
• Xai is building a Layer 3 chain using Arbitrum Orbit, intended to connect traditional PC games to blockchain features.
• Proof of Play is an on-chain game studio best known for Pirate Nation. The company is led by the co-creator of FarmVille and backed by a16z.

https://nftplazas.com/arbitrum-commits-10-million-to-blockchain-gaming-projects/