News Bytes – 5

Japan’s FSA to Approve First Yen-Denominated Stablecoin, JPYC, This Autumn

Japan’s FSA to Approve First Yen-Denominated Stablecoin, JPYC, This Autumn

Japan’s Financial Services Agency (FSA) is set to approve the issuance of the country’s first yen-denominated stablecoin, JPYC, this autumn, with the fintech firm JPYC based in Chiyoda, Tokyo, expected to be registered as a funds transfer service by the end of August. The stablecoin will be pegged at 1 JPYC = 1 JPY and […]

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Metaplanet Adds 775 Bitcoin, Total Holdings Reach 18,888 BTC

Metaplanet Adds 775 Bitcoin, Total Holdings Reach 18,888 BTC

Metaplanet Inc. (Tokyo Stock Exchange: 3350) announced the purchase of an additional 775 bitcoin at an average price of ¥17,720,023 per coin (totaling ¥13.733 billion), bringing its cumulative holdings to 18,888 bitcoin at an overall average cost of ¥15,041,118 (aggregate ¥284.097 billion). The company also reported its key performance indicators for its Bitcoin Treasury Operations:

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EV Startup Faraday Future Launches  Billion Crypto Strategy

EV Startup Faraday Future Launches $10 Billion Crypto Strategy

Faraday Future Intelligent Electric Inc. announced on August 17, 2025, the launch of its “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy, aiming to integrate artificial intelligence (AI)-driven electric vehicles (EVs) with Web3 technologies and cryptocurrency investments. The initiative includes the introduction of the C10 Index, a diversified crypto asset basket, and the C10 Treasury

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Gemini Exchange Files S-1 for Proposed Nasdaq IPO Under Ticker ‘GEMI’

Gemini Exchange Files S-1 for Proposed Nasdaq IPO Under Ticker ‘GEMI’

Gemini Space Station, Inc. (Gemini Exchange) filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) on August 15, 2025, for a proposed initial public offering (IPO) of its Class A common stock, with the number of shares and price range yet to be determined and subject to market conditions.

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Canary Capital’s McClurg Sees Bitcoin Soaring to 0K Before Inevitable Downturn

Canary Capital’s McClurg Sees Bitcoin Soaring to $150K Before Inevitable Downturn

Bitcoin could reach $150,000 before facing a bear market, Canary Capital CEO Steven McClurg said in a recent interview. The Canary CEO cited a confluence of sustained inflows into spot bitcoin exchange-traded funds (ETFs)—projected at over $1 billion weekly—a persistently dovish Federal Reserve outlook despite lingering inflation concerns, and accelerating institutional adoption that has driven

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Peter Thiel-Backed Bullish Exchange Successfully Debuts on the New York Stock Exchange

Peter Thiel-Backed Bullish Exchange Successfully Debuts on the New York Stock Exchange

Bullish, a cryptocurrency exchange backed by Peter Thiel, successfully debuted on the New York Stock Exchange on August 13, 2025, raising approximately $1.1 billion in its initial public offering (IPO). The company priced its shares at $37, above the expected range of $32 to $33, and opened at $90, representing a 143% increase. During trading,

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Falconx Expands Prime Connect With Copper Clearloop Integration

Falconx Expands Prime Connect With Copper Clearloop Integration

Falconx has announced the expansion of its Prime Connect product through an integration with Copper’s Clearloop network, enhancing off-exchange settlement capabilities for its Direct Market Access (DMA) clients trading on Bybit. This integration allows clients to custody their assets off-exchange while trading, thereby reducing counterparty risk associated with exchange-held funds. Falconx’s DMA offering provides a

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Transak Raises  Million From Tether and IDG Capital to Expand Stablecoin Payments Infrastructure

Transak Raises $16 Million From Tether and IDG Capital to Expand Stablecoin Payments Infrastructure

Transak, a fiat-to-crypto infrastructure provider, has raised $16 million in a strategic funding round led by Tether and IDG Capital to enhance its stablecoin payments infrastructure and expand operations into new markets. The funding round also saw participation from several investors, including Primal Capital, 1kx, and Protein Capital. With over $2 billion in processed transaction

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Nordic Exchange Safello Taps Bitgo to Strengthen Crypto Asset Custody Infrastructure

Nordic Exchange Safello Taps Bitgo to Strengthen Crypto Asset Custody Infrastructure

Safello has announced an agreement with Bitgo Europe GmbH to enhance its crypto custody infrastructure. This partnership will integrate Bitgo’s advanced custody solutions into Safello’s existing setup, utilizing a three-key multi-signature cold storage architecture combined with Multi-Party Computation with a Threshold Signature Scheme (MPC-TSS). This technology eliminates single points of failure by ensuring that private

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Fonte Capital Launches Bitcoin ETF on Astana International Exchange in Kazakhstan

Fonte Capital Launches Bitcoin ETF on Astana International Exchange in Kazakhstan

Kazakhstan-based Fonte Capital has announced the listing of the Fonte Bitcoin Exchange Traded Fund OEIC Plc on the Official List of the Astana International Exchange (AIX), under the ticker BETF, quoted in U.S. dollars. The launch will be celebrated during the official Ring the Bell ceremony at AIX. The BETF aims to accurately reflect bitcoin’s

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