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Jony Dong
Jony Dong
ICYMI: Your U.S. session market snapshot from @TheBlockCo is here with major moves and emerging narratives. 🤝 Franklin Templeton and Kraken's parent company are exploring new onchain investment opportunities, signaling deeper institutional interest in real-world asset integration. 💰 Elliptic has raised $120M in Series D funding, with Deutsche Bank and Nasdaq doubling down on crypto analytics. Institutional conviction is only getting stronger. 🇵🇱 Polish lawmakers are debating crypto legislation, while the PiS party has filed a separate proposal to ban digital assets. Regulatory fractures are forming in Europe. 📈 Sky Ecosystem is leading a $13.5M round for Osero, a yield-bearing stablecoin startup. The race for sustainable yield protocols is accelerating. 🏦 Coinbase now offers Solana-backed loans via Morpho, with users able to borrow up to $100K. DeFi lending meets centralized access. ⚖️ The Bitcoin Fog appeal is testing the DOJ's theory that global crypto services fall under Washington D.C. jurisdiction. A pivotal case for legal precedent. 🔐 Ethereum Foundation has deployed support for Clear Signing, a crypto security solution aimed at reducing transaction risks. 📉 eToro's Q1 crypto revenue dropped to $2.15B from $3.5B year-over-year. Market cycles are hitting even the largest platforms. 🏛️ JPMorgan is launching a tokenized money market fund on Ethereum. Tokenization of traditional finance continues its march. 🗳️ The CFTC has backed Kalshi in its jurisdictional battle with Ohio over prediction markets. Regulatory clarity is being fought in courtrooms. 📊 Benchmark reaffirms a Buy rating on Coinbase despite a lackluster Q1 performance. Long-term conviction remains intact. 🚀 The first Hyperliquid ETF has launched, with Bloomberg's James Seyffart calling its debut day very solid. A new frontier for perpetual DEX exposure.

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