Tag: Plans

Solana Founder Shares Plans For New Perp DEX ‘Percolator’

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Solana Labs co-founder and CEO Anatoly Yakovenko is the latest crypto founder to announce plans for a decentralized exchange (DEX), following the success of Hyperliquid and Astar. On Monday, Yakovenko uploaded plans outlining a new sharded perpetual exchange protocol on the Solana blockchain, dubbed Percolator. A perpetual exchange is a decentralized trading protocol for perpetual futures contracts, which allows traders to speculate on cryptocurrency prices without an expiration date. Percolator will consist of two main onchain programs, including the Router program that manager collateral, portfolio margins and cross-slab routing and…

Bolivia’s New President Rodrigo Paz Plans Blockchain Reform

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Bolivian President-elect Rodrigo Paz plans to tackle corruption in his country’s government using blockchain technology. The Associated Press reported Monday that Paz defeated rival Jorge Quiroga 54.5% to 45.5% and is set to take office on Nov. 8. Paz won Sunday’s runoff on a centrist, pro-market message and inherits an economy strained by fuel shortages and a US dollar squeeze, according to the AP. Rodrigo Paz won Bolivia’s run-off presidential election on Sunday. Source: AP For crypto observers, Paz’s government plan includes two concrete proposals related to digital assets and…

Ripple-backed Evernorth plans US listing to raise over $1B and accumulate XRP

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Key Takeaways Evernorth, supported by Ripple, aims to raise over $1 billion through a Nasdaq IPO to establish a major XRP-focused public treasury. This move is positioned as a significant development for institutional adoption of XRP in treasury management. Share this article Evernorth, a Ripple-backed entity, plans to go public on Nasdaq to raise over $1 billion in expected proceeds, with the funds directed toward establishing a major public treasury focused on XRP. The listing represents a significant step in the institutional adoption of XRP for treasury management. Ripple Labs…

NYC Mayoral Candidate Andrew Cuomo Plans Crypto Capital

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Former New York governor Andrew Cuomo is reportedly betting big on crypto and AI as part of his bid to return as the city’s next mayor.  The New York City mayoral candidate plans to make NYC “the global hub of the future” by coordinating initiatives across the blockchain, AI and biotech industries and modernizing how the city integrates new technology, co-host of Crypto in America, Eleanor Terrett, said on Saturday. Part of this will also involve creating a new chief innovation officer position aimed at attracting more investments and jobs…

China Tech Giants Halt Hong Kong Stablecoin Plans Amid Beijing Concerns

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Chinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced concerns over privately controlled digital currencies. The companies were instructed by the People’s Bank of China (PBoC) and the Cyberspace Administration of China (CAC) to pause these initiatives, the Financial Times reported on Sunday, citing sources familiar with the matter. “The real regulatory concern is, who has the ultimate right of coinage — the central bank or any private companies on the market?” one source familiar with…

Alibaba-backed Ant Group and JD.com freeze stablecoin plans after Beijing intervenes: FT

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Key Takeaways Alibaba’s Ant Group and JD.com have stopped their stablecoin projects due to instructions from Beijing. These projects focused on yuan-based digital assets developed by major technology firms in China. Share this article Chinese tech giants, including Alibaba’s Ant Group and JD.com, have halted their stablecoin development projects following direct intervention from Beijing, according to the Financial Times. The suspension affects yuan-based digital asset initiatives that major Chinese technology firms had been developing amid ongoing regulatory scrutiny from the central government. Beijing recently directed brokerages and think tanks to…

OpenSea plans $SEA token launch in Q1 2026 with 50% supply for users and 50% revenue for buybacks

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Key Takeaways OpenSea will launch its native $SEA token in Q1 2026, allocating 50% to users and 50% of revenue to token buybacks. The $SEA token will support staking, community rewards, and is part of OpenSea’s expansion beyond NFTs into wider trading features. Share this article NFT marketplace OpenSea plans to launch its native token $SEA in Q1 2026, with half of the token supply allocated to community members and 50% of revenue at launch dedicated to token buybacks, said Devin Finzer, the platform’s co-founder, in an X post. The…

Ripple Labs plans $1 billion digital asset treasury to buy XRP: Report

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Key Takeaways Ripple Labs is spearheading a $1 billion fundraiser aimed at accumulating XRP tokens. The initiative is part of Ripple’s strategy to place XRP at the heart of global financial system transformation. Share this article Blockchain payments firm Ripple Labs is spearheading a $1 billion fundraising initiative to acquire XRP, the native token of its blockchain network, Bloomberg reported today. The company is said to be setting up a digital asset treasury to manage its XRP reserves. Funding for the treasury will come from a SPAC, a type of…

Eric Trump confirms real estate tokenization plans for World Liberty Financial: CoinDesk

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Key Takeaways Eric Trump confirms plans to tokenize luxury properties through blockchain. World Liberty Financial aims to open global real estate investment to retail users via fractional ownership. Share this article Eric Trump confirmed to CoinDesk that World Liberty Financial, a decentralized finance platform backed by the Trump family, plans to tokenize real estate assets to enable fractional ownership through blockchain technology. In a CoinDesk interview, Trump said the project aims to tokenize properties around the world, offering micro-shares in high-profile real estate directly to retail investors instead of seeking…

Citi plans 2026 launch for crypto custody service amid Wall Street’s digital push

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Key Takeaways Citi plans to introduce crypto custody services in 2026, reflecting increasing institutional interest. The bank is supporting stablecoin company BVNK to expand into tokenized and digital asset services. Share this article Citi plans to launch its crypto custody service in 2026 as the major US bank advances its digital asset strategy amid growing institutional adoption. Citi is developing real-time multi-asset solutions, including fiat-to-crypto ramps and reserve management, alongside advancing tokenized deposits. It is actively exploring the issuance of its own stablecoin and has backed stablecoin firm BVNK. Wall…