✨ Catena Labs raises $18M to build the first AI-native financial institution

Big news from the intersection of AI and Web3: Catena Labs just secured $18 million to build a fully AI-native financial institution. The round was backed by leading VCs like Tribe Capital, Hack VC, and other top players in the AI and crypto space.

💎 Catena’s vision? A new kind of financial system where AI agents can make real-time decisions and interact with DeFi protocols — no humans needed. It's about making finance faster, smarter, and fully autonomous.

🔼As AI continues to reshape entire industries, Catena is positioning itself at the forefront of this shift — bringing the power of machine intelligence directly into the heart of digital finance.

This isn’t just another DeFi project. It’s a bold move toward the future of autonomous finance. Watch this space — Catena Labs is just getting started.

🤩 Circle files for IPO

Circle, the issuer of the USDC stablecoin, has officially filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE). The company plans to offer 24 million Class A shares priced between $24 and $26, potentially raising up to $624 million and reaching a fully diluted valuation of $6.7 billion.

IPO Structure:
⚫️Circle itself will offer 9.6 million new shares.
⚫️14.4 million shares will be sold by existing investors, including Accel and General Catalyst.
⚫️Underwriters will have a 30-day option to purchase an additional 3.6 million shares.

Key Details:
⚫️Ticker symbol: CRCL
⚫️Lead underwriters: J.P. Morgan, Citigroup, and Goldman Sachs
⚫️ARK Investment Management, led by Cathie Wood, has shown interest in purchasing up to $150 million worth of shares.

🔥 Circle manages USDC, the world’s second-largest stablecoin with a market cap exceeding $60 billion. The company previously attempted to go public via a SPAC deal in 2022, which was ultimately canceled.

This IPO marks a major milestone in the convergence of traditional finance and digital assets, reflecting renewed investor confidence in crypto infrastructure.

🌐 Hidden Road launches OTC digital asset dwaps for U.S. Institutional clients

On May 28, 2025, Hidden Road — recently acquired by Ripple for $1.25 billion — announced the launch of prime brokerage services for over-the-counter (OTC) digital asset swaps tailored specifically for institutional clients in the United States.

Key Highlights:
🟠Access to OTC swaps: U.S. institutional investors can now engage in settled OTC swaps on dozens of leading digital assets, including Bitcoin and Ethereum.
🟠Regulated platform: Services are offered through Hidden Road Partners CIV UK Ltd, which is regulated by the UK’s Financial Conduct Authority (FCA), ensuring high levels of trust and regulatory compliance.
🟠Additional services: The offering includes cross-margining and financing solutions designed to optimize collateral management and enhance trading efficiency in digital assets.

This move addresses the current lack of sophisticated financial products for institutional investors in the U.S. seeking advanced digital asset instruments. According to Michael Higgins, Hidden Road’s International CEO, the rollout of these services provides clients with broader access to solutions that were previously unavailable in the American market.

⭐️ Backed by Ripple, Hidden Road aims to significantly scale its operations, aspiring to become one of the largest non-bank prime brokers globally.

This launch marks a major step in building institutional-grade infrastructure for digital asset trading in the U.S., offering more mature and regulated solutions for professional market participants.

🪙 Ethereum to anchor global finance? Consensys CEO Joe Lubin thinks so.

During an interview on Rug Radio, Ethereum co-founder and Consensys CEO Joe Lubin shared a bold vision:

Ethereum could eventually surpass Bitcoin in value — not just price, but in utility and institutional relevance.

Key take aways:
🪙 Institutional interest: Consensys is in advanced talks with sovereign wealth funds and top-tier banks from a “very big country” to build out Ethereum-based financial infrastructure — both L1 and tailored L2s.
🪙 Strategic pivot: Unlike Bitcoin's “buy and hold” narrative, institutional players are looking to actively use ETH — via staking, restaking, and DeFi — turning it into a yield-bearing, programmable asset.
🪙 ETH as a treasury asset: Public company SharpLink (recently backed by Consensys with $425M) is building a treasury denominated in ETH — a groundbreaking move that could trigger a new wave of on-chain corporate finance.
🪙 Long-term positioning: Ethereum may not always dominate headlines like Solana or Bitcoin — but it’s quietly building the rails for the next generation of digital finance.

💡 According to Lubin, the convergence of trust, utility, and capital could push Ethereum to the forefront of the global financial system — not just as a tech platform, but as the most trusted programmable asset in the world.

—

🌍 With governments and financial giants now eyeing Ethereum for infrastructure, the narrative is shifting from speculation to systemic integration.

🇺🇸 Circle Raises $1.1B in Blockbuster IPO — Valued at Nearly $8B

Stablecoin issuer Circle, the company behind $USDC, has pulled off one of the largest crypto IPOs in recent years — raising $1.1 billion by selling 34 million shares at $31 each, well above the original $27–28 range.

🟢 Key Details:

Final valuation: ~$8 billion (fully diluted)

Shares debut on NYSE under the ticker $CRCL

Led by J.P. Morgan, Goldman Sachs, Citigroup

25x oversubscribed, per Bloomberg

🔥 This level of demand signals massive institutional interest in stablecoin-backed infrastructure — not just speculative crypto bets.

🌐 USDC is the second-largest stablecoin with over $61B in circulation, making Circle one of the most important players in the tokenized dollar economy.

📈 The IPO also reflects shifting U.S. regulatory sentiment under Trump’s administration, which has promised lighter crypto regulation — paving the way for more crypto-native companies to go public.

This is more than just a listing — it’s a landmark moment for stablecoins entering traditional finance at scale.

#Circle #CRCL #IPO #USDC #Stablecoins #CryptoFinance #TradFi #Blockchain

🚀 Gemini Files for Confidential IPO
Crypto exchange Gemini, founded by the Winklevoss twins, has confidentially submitted a draft registration (Form S-1) to the U.S. SEC for a proposed initial public offering of its Class A common stock.

📄 The number of shares and price range haven’t been disclosed yet.

⏳ The IPO is expected to take place after the SEC review, subject to market conditions.

🌐 This move positions Gemini as the next major crypto-native company eyeing public markets — following in the footsteps of Coinbase and Circle.

As institutional demand rises for compliant digital asset infrastructure, all eyes are now on Gemini.

🚨 Tether at $515B? CEO drops jaw-dropping IPO estimate

Tether CEO Paolo Ardoino claims that if the company were to go public today, its valuation would hit $515 billion — enough to rank it as the 19th largest company in the world.

🏦 That puts Tether ahead of giants like Costco and Coca-Cola in market cap terms.

🧠 Ardoino calls this estimate “somewhat conservative” — suggesting the real number could be even higher.

🔋 Tether, the issuer of USDT, currently dominates the stablecoin market with over $110B in circulation, generating massive cash flows from its U.S. Treasury holdings.

This bold statement hints at the untapped equity value behind crypto’s most controversial — and profitable — infrastructure company.

As stablecoins go institutional, Tether’s scale is starting to look more like BlackRock than a crypto startup.

⏺TRON EYES U.S. IPO VIA REVERSE MERGER

According to a recent report from Crypto Briefing, Justin Sun’s TRON Foundation is exploring a reverse merger with a publicly listed U.S. company — a strategic shortcut to an IPO in American markets.

🔁 A reverse merger allows a private company to become publicly traded by acquiring or merging with an existing public shell company — bypassing the longer traditional IPO process.

💬 While TRON hasn’t officially confirmed the move, insiders claim discussions are active and ongoing. Sun has previously hinted at taking TRON public, particularly in jurisdictions with regulatory clarity.

🌍 This potential move could mark a significant milestone in TRON’s transition from blockchain infrastructure project to mainstream financial entity — aligning with a broader trend of Web3-native companies entering public markets.

⚙️ As tokenization and crypto infrastructure gain traction, public listings like this could bring new legitimacy and capital to the sector.

🟢RWA sector up 260% in H1 2025 — now over $23B
#RWA #DeFi #BlackRock #Solana #crypto

Real-world assets are exploding on-chain. In just six months, the RWA market has surged +260%, crossing the $23B mark, according to Binance Research’s June 2025 report.

Why it matters?
Institutions are here — and they’re building.

🚀 BlackRock’s BUIDL fund grew from $649M → $2.9B in 2025.
📈 It just made its first DeFi move, integrating with Euler Finance.
🌐 Protocols like Centrifuge and Securitize are launching tokenized funds on Solana, plugged into Solana-native DeFi like Kamino.

This isn’t vapor. It’s real capital moving into programmable infrastructure.

RWAs are reshaping on-chain finance — from speculative loops to sustainable yield.
This is the shift from “crypto casino” → to global digital capital markets.

And this is only halftime.

💥 CRCL STOCK: +540% SINCE IPO
#CRCL #USDC #stablecoins #crypto 🇺🇸

Circle — the issuer of $USDC — is on fire.
Since going public on June 5, CRCL has soared +540%.

📈 From $31 to over $160 per share
💵$1.1B IPO → now worth over $8B
🌐 USDC: the 2nd-largest stablecoin in the world

This is what happens when real crypto infrastructure meets public markets.

Circle’s explosive performance is a signal:
💡 Institutions want regulated, dollar-pegged rails
💡 Capital is rotating into yield-bearing stability
💡 The stablecoin wars are heating up

And if you think it’s too late —
it probably means it’s just getting started.

🇺🇸 OKX EXPLORES U.S. IPO AFTER DOJ SETTLEMENT

Leading global crypto exchange OKX is considering a U.S. IPO, according to BeInCrypto, following its April relaunch in the American market and a $500 M settlement with the DOJ earlier this year.

📈 The push for public listing comes as OKX establishes new U.S. HQ in San Jose and appoints ex-Morgan Stanley exec Roshan Robert as U.S. CEO—signaling a shift toward compliance and institutional strategy.

📈 The news already sparked a ~5% rally in OKB token—barely in sync with a broader market dip, showing investor confidence.

🖥 OKX is joining the wave of crypto platforms deploying to U.S. public markets—alongside Circle, Gemini, and Bullish —leveraging favorable regulation and rising institutional appetite.

🔑 LEDGER LAUNCHES PHYSICAL RECOVERY KEY

Ledger just dropped a hardware-level solution for wallet recovery — the Ledger Recovery Key.
It’s a physical device that helps users restore access to their wallets, without relying solely on seed phrases.

🧩 The key works by encrypting your recovery phrase and splitting it into 3 shards, held by Ledger, Coincover, and EscrowTech. Only 2 out of 3 are needed to recover your assets.

🧾Identity verification is required — a KYC-style process integrated into the device.

💬 While Ledger says this improves security for non-technical users, critics warn it could increase reliance on third parties — and reopens debates around firmware trust.

⚖️ Convenience meets control — but not without tradeoffs.

⚡️ KRAK: KRAKEN’S ANSWER TO VENMO — A FINTECH REVOLUTION FOR BILLIONS

Kraken-owned Axevil Capital just dropped Krak, a global finance super‑app built on crypto rails — on a mission to disrupt traditional P2P payments and fix financial inclusion at scale.

🌍 The Problem:
• 1.4 billion adults are unbanked
• Cross‑border transfers cost 6%+ and take up to 5 days
• Many banks still run on legacy COBOL systems from the 1970s

🚀 What Krak Delivers:

1️⃣ Instant P2P transfers in 160+ countries via Kraktags (like PayID) — no messy account numbers
2️⃣ One wallet for 300+ assets — fiat, crypto, stablecoins
3️⃣ Yield up to 4.1% APR on USDG + 10% APR staking — no lockup
4️⃣ Physical & virtual cards for global crypto spending
5️⃣ Collateralized lending — no credit checks, no paperwork

Kraken’s strategy? No user fees. Krak is a mass onboarding funnel, funneling millions into Kraken’s flagship exchange ahead of IPO.

✔️ Investor Take:

Kraken is evolving into the first global crypto‑native fintech super‑app, tackling financial access for billions. This is a massive addressable market — and Krak could power its next growth phase.

🇺🇸 RIPPLE FILES FOR US BANK CHARTER & FED MASTER ACCOUNT

• Ripple has applied to the Office of the Comptroller of the Currency (OCC) for a national bank charter, aiming to bring its RLUSD stablecoin under full federal oversight — alongside existing NY banking regulation.

• Ripple’s subsidiary, Standard Custody & Trust, also submitted for a Federal Reserve Master Account — enabling direct custody of reserves and 24/7 minting/redemption of RLUSD.

• CEO Brad Garlinghouse says dual oversight sets “a new benchmark for trust in the stablecoin market”.

• XRP reacted positively, climbing ~3% after the announcement.

🔑 Why it matters for MMPro investors:
This cements Ripple’s path from a crypto app to a fully regulated infrastructure provider — making RLUSD and XRP more institutional-friendly, and aligning with the wave of stablecoin firms heading toward federal charters.

🇺🇸 SEC CHAIR PAUL ATKINS BACKS TOKENIZATION AS MARKET INNOVATION

🟢 In a major regulatory pivot, SEC Chair Paul Atkins now calls tokenization an “innovation” that should be encouraged and advanced, moving away from “regulation through enforcement” .
🟢 Atkins highlighted tokenization’s benefits: real‑time compliance, automated transparency, and streamlined capital formation.
🟢 The SEC is now working on clear rules for issuance, custody, and trading of on‑chain assets—moving from vague edicts to structured frameworks.
🟢 Tokenization could unlock 24/7 settlement, fractional ownership, and wider retail access to private markets — transforming capital markets infrastructure.

✅Why this matters for MMPro Trust:
Regulatory clarity = institutional on‑chain rails. We’re now closer than ever to compliant tokenized securities, bridging TradFi and Web3.

🇺🇸 Ripple chooses BNY Mellon to custody RLUSD reserves

Ripple just tapped Bank of New York Mellon — America’s oldest bank and a $50T asset manager — to safeguard reserves for its new stablecoin RLUSD (Ripple USD).

🟢 RLUSD is Ripple’s dollar-backed stablecoin, set to challenge USDC and USDT. With institutional-grade custody from BNY, it sends a clear signal: Ripple is playing for keeps.

📊 The partnership comes as RLUSD surpasses $500M in supply, and Ripple continues its regulatory push — applying for a master Fed account and a banking license.

This marks yet another convergence point between legacy finance and blockchain-native infrastructure.

💡 If you were planning to invest in Ripple pre-IPO, submit your request at mmprotrust.com

✴️ Circle & Ant Group bring USDC to China

Ant Group, the fintech giant behind Alipay, is partnering with Circle to integrate USDC stablecoin into its global blockchain platform via Ant International.

🌍 What this means:
– Potential access to over 1.4 billion users
– On-chain infrastructure for cross-border payments and trade
– A major leap in USDC adoption across Asia

⚡️ Ant’s blockchain already processes over $1 trillion annually — and now USDC is entering that stream.

This partnership puts Circle at the center of the stablecoin-powered financial future in the East.

👉 If you’ve been looking to invest in this company, submit your request at mmprotrust.com

🇺🇸 FBI DROPS PROBE INTO KRAKEN FOUNDER — DEVICES RETURNED

Nearly two years after the FBI raided his LA home over a dispute unrelated to Kraken, Jesse Powell’s case has been closed. The Justice Department has returned all seized laptops and phones.

🔍What happened:
– The raid stemmed from allegations around a non-profit dispute, not crypto
– DOJ confirmed no charges will be filed
– Devices reportedly contain evidence supporting Powell’s claims

👨‍⚖️ Powell said the raid caused personal and professional damage — but now vows to press his civil lawsuit, stating the return “proves my case”.

✅Final takeaway: Kraken’s co-founder is cleared, Kraken’s operations remain unaffected. This is a major win for crypto leadership and due process.

💡 If you were planning to invest in Ripple pre-IPO, submit your request at mmprotrust.com

🇺🇸 COINBASE GENERATED $300M FROM USDC IN H1 2025 — JPMORGAN

According to JPMorgan, Coinbase earned $300 million in the first half of 2025 from its partnership with Circle and the growing integration of USDC — more than Circle itself earned during the same period.

🔍Key highlights:
– High-margin profits (20–25%) from distributing and holding USDC
– ~$13B in USDC reserves brought ~$125M in yield alone
– Circle pays up to 60% of its revenue to distribution partners — Coinbase is the primary one

📈 JPMorgan estimates that Coinbase’s USDC-linked business could deliver $55–60B in value to shareholders over time.

🟢 Takeaway for investors:
Coinbase is no longer just an exchange — it’s becoming a critical infrastructure layer for the stablecoin economy.

💡If you are interested in similar projects you can check them out on mmprotrust.com

🚀 KRAKEN HITS $15B VALUATION AHEAD OF IPO
#Kraken #Crypto #Exchanges #IPO

🔥The exchange is gearing up to raise $500M at a $15B valuation — paving the way for a 2026 IPO.

📊Highlights:
🟢$472M in Q1 2025 revenue (+19% YoY)
🟢$1.37B daily trading volume across 1,100+ pairs
🟢MiCA license secured in the EU
🟢Krak P2P app launching globally
🟢Acquired NinjaTrader for $1.5B

⚖️Regulatory green light:
🧑‍⚖️ SEC dropped its lawsuit in March — clearing the runway for public listing

Investor Takeaway:
Kraken isn’t just preparing for IPO — it’s transforming into a full-stack crypto-fintech infrastructure play. And the market’s finally catching up.

📩 Interested in early access?
Submit your request at mmprotrust.com

🚀FIGMA BREAKS RECORDS: BIGGEST PURE SAAS IPO IN HISTORY

Remember when Adobe tried to acquire Figma for $20B in 2022? The deal got blocked — and it turned out to be the best thing that ever happened to Figma.

💵After pocketing a $1B breakup fee, Figma just IPO’d at a $68B valuation — up 250% on day one. That’s officially the largest pure-play SaaS IPO ever, beating Snowflake ($50.6B) and Atlassian ($52.7B).

💼 VCs won big:
– Index Ventures (~12%) = $8B
– Greylock (~11%) = $7.6B
– Sequoia, Kleiner Perkins = $6B+ each

📊Business metrics:
– Revenue: $749M (+46% YoY)
– Net Income: $45M
– Margin: 91%
– Rule of 40: 🔥 77% (best in class)
– 13M active users, 95% of Fortune 500 onboard

Figma’s IPO sets the tone for late-stage tech: Kraken, Stripe, Klarna, Databricks and Revolut — you’re on deck.

⚡️Takeaway: A failed M&A can be a $68B blessing. And Figma just raised the bar for SaaS multiples — 55x ARR and counting.

✍️Interested in early access?
Submit your request at mmprotrust.com