Feed Items
Polygon Labs announced Sept. 12 that it is partnering with Dubai-based Cypher Capital to expand institutional access to POL, the native asset powering the Polygon blockchain, across the Middle East.
The initiative marks the first in a series of efforts to bring professional investors into direct engagement with Polygon’s infrastructure.
POL will be positioned as an institutional-grade asset...
The REX-Osprey Solana staking ETF (SSK) surpassed $200 million in cumulative flows for the first time on Sept. 11, amid Solana’s (SOL) strong price action.
Trading under ticker SSK, the fund struggled with adoption during its initial months, recording zero activity on four of six trading days through Aug. 8, according to Farside Investors data.
The pattern reflected broader institutional...
Prediction market Polymarket is pursuing new funding that could boost its valuation to $10 billion, as Business Insider reported on Sept. 12.
Two people with knowledge of the matter said the valuation discussions represent at least a threefold increase from the $1 billion Polymarket achieved in a funding round that closed this summer.
According to one source, at least one investor offered a term...
Gemini made a strong entrance on Wall Street on Sept. 12, with its stock price surging over 50% within the intial hours of their first day of trading on the Nasdaq.
The stock, listed under the symbol GEMI, opened at $28 per share and quickly advanced in the opening hours.
Prices briefly touched $40 before settling near $33 by midafternoon, leaving Gemini with a market capitalization of roughly $1...
Stablecoin issuer Circle appears set to deepen its role in decentralized finance by preparing a native launch of USD Coin (USDC) on Hyperliquid’s Layer 1 chain, HyperEVM.
On Sept. 12, blockchain researcher MLM Blockchain flagged test transactions involving USDC on HyperEVM’s mainnet, suggesting that a native deployment could roll out in the coming weeks.
Adding to speculation, the same wallet...
Decentralized derivatives exchange Hyperliquid has consistently outperformed traditional finance giants in terms of volume and net income.
DefiLlama data estimates Hyperliquid’s annualized net income at $1.24 billion as of Sept. 12, exceeding Nasdaq’s $1.12 billion net income for the entirety of 2024 by 11%.
The comparison positions the DeFi platform ahead of one of the world’s largest stock...
Tether has unveiled USAT, a new stablecoin product for the US market, according to a Sept. 12 statement.
Alongside the announcement, the company confirmed that Bo Hines will become the CEO-designate for the USAT stablecoin.
Hines described his appointment as an opportunity to reinforce America’s influence in global finance by launching a stablecoin rooted in transparency and compliance.
What is...
WisdomTree has unveiled a tokenized investment vehicle to bring private credit directly onto blockchain rails.
The WisdomTree Private Credit and Alternative Income Digital Fund (CRDT) launched Sept. 12 on Ethereum and Stellar blockchains. It will be available to investors through the company’s Prime and Connect platforms.
WisdomTree’s CRDT
According to the statement, the fund’s performance...
Polymarket has launched a new integration with Chainlink that upgrades how its prediction markets are priced and settled, according to a Sept. 12 statement shared with CryptoSlate.
The rollout connects Chainlink’s oracle infrastructure to Polymarket’s platform on Polygon mainnet, giving traders access to faster, tamper-resistant data feeds and automated settlement tools.
The system pairs...
Tokenized U.S. Treasuries on public blockchains hold $7.42 billion as of September 12, 2025, with large vehicles concentratedon Ethereum-linked issuance tracked by RWA.xyz.
Fidelity’s new OnChain share class adds another institutional line to that base. The Fidelity Treasury Digital Fund’s OnChain Class, recorded on Ethereum as the Fidelity Digital Interest Token, shows about $203.7 million...