Daily Report | Guoxiong Capital invests 200 million yuan to layout in the Web 3.0 and cryptocurrency asset fields; Linghang Pharmaceutical Biotechnology plans to acquire all shares of Conflux to enter the blockchain field
July 1 News OverviewOrganizer: Jerry, ChainCatcher
Important News:
- Binance Alpha has launched BUGSCOIN (BGSC)
- Guoxiong Capital: Invests 200 million yuan in Web3.0 and cryptocurrency asset sectors
- Pioneer Pharmaceutical Biotechnology plans to acquire all equity of Conflux to enter the blockchain field and expand diversified business
- Robinhood: Crypto tax service Crypto Lots has been rolled out to all users
- RootData: Total financing amount of 7.75 billion USD in the first half of 2025, showing characteristics such as changes in large financing concentration preferences
- Connecticut Governor officially signs Bitcoin reserve ban, prohibiting the acceptance, holding, or investment in digital assets
- Trump's second son hints at a possible presidential run
- Binance Alpha launches EGL1
"What important events occurred in the past 24 hours"
Binance Alpha has launched BUGSCOIN (BGSC)
Binance Alpha has now launched BUGSCOIN (BGSC).
Eligible users can claim an airdrop of 7,360 BGSC tokens using Binance Alpha points on the Alpha event page within 24 hours after trading begins.
The Binance Alpha airdrop will be conducted in two phases:
- Phase One (first 18 hours): Users with at least 210 Binance Alpha points can claim the airdrop.
- Phase Two (last 6 hours): Users with at least 170 Binance Alpha points can participate in the second phase airdrop, on a first-come, first-served basis, until the airdrop pool is exhausted or the airdrop event ends.
Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, or it will be considered a forfeiture.
Guoxiong Capital: Invests 200 million yuan in Web3.0 and cryptocurrency asset sectors
Guoxiong Capital Co., Ltd. announced today that it will fully enter the Web3.0 and cryptocurrency asset sectors. Chairman Yao Shangkun expressed optimism about the long-term strategic value of Bitcoin and crypto assets, believing that this field aligns with global financial development trends and holds significant growth potential. The company has been approved for a special budget of 200 million yuan for developing related businesses and investing in crypto assets over the next three years.
According to public information, Guoxiong Capital Co., Ltd. was established on September 24, 2019, and is headquartered in Huangdao District, Qingdao City, Shandong Province. It is a venture capital institution focused on high-tech industry investments. As of 2024, the company manages a fund size of 2.87 billion yuan, focusing on emerging fields such as artificial intelligence, blockchain, biomedicine, and new energy.
Hong Kong-listed Pioneer Pharmaceutical Biotechnology Co., Ltd. (00399) announced that it has signed a memorandum of understanding to acquire all equity of a target company, contingent upon the target company completing the acquisition of Conflux blockchain-related assets. The acquisition consideration will be paid in cash, company shares, or convertible bonds, with the specific amount to be determined. The memorandum of understanding is valid for 12 months, during which the seller is prohibited from negotiating with third parties regarding the target company's equity. This move aims to help Pioneer Pharmaceuticals expand its blockchain technology business, diversify its operations, and seek new profit growth points. The transaction will only be finalized after a formal agreement is signed.
Robinhood: Crypto tax service Crypto Lots has been rolled out to all users
Robinhood announced on the X platform that the crypto tax service Crypto Lots has been rolled out to all users (including those in the U.S. market). This service involves tax lots, allowing users to view and sell specific tax lots of cryptocurrency transactions, enabling users to strategically choose which lots to sell for easier crypto tax management. However, Robinhood clarified that the company does not provide tax advice, and users should consult tax professionals for specific questions.
According to statistics from Web3 asset data platform RootData, the crypto primary financing market completed a total financing amount of 7.75 billion USD in the first half of 2025, a year-on-year increase of 40.17% and a quarter-on-quarter increase of 77.75%. In March alone, 2.895 billion USD was raised, with Binance completing 2 billion USD in financing. Ignoring the impact of this financing, the average monthly financing amount in the first half of the year remained around 950 million USD, with an average financing amount of 12.419 million USD and a median of 5.425 million USD.
In terms of the number of financing events, there were a total of 463 financing events in the first half of the year, averaging 77 events per month, a year-on-year decrease of 49.72% and a quarter-on-quarter decrease of 26.27%. In terms of financing sectors, CeFi led with 2.719 billion USD, surpassing the previously popular infrastructure sector (1.87 billion USD).
Notably, merger and acquisition events reached 66, a 60.9% increase from 41 in the second half of 2024. Additionally, crypto-related publicly listed companies such as Circle and Sol Strategies raised a total of 2.233 billion USD. Both types of financing data set historical highs.
The most active institutions in the first half of the year were Coinbase Ventures, a16z, and Amber Group, each participating over 20 times. Following them were Animoca Brands, GSR, Selini Capital, 1kx, and Mirana Ventures. The most active angel investors were Raj Gokal, Sam Kazemian, and Balaji Srinivasan.
Overall, the financing amount in the crypto primary financing market in the first half of 2025 showed a significant increase, but the number of events continued to decline in recent years, reflecting characteristics such as large financing concentration, increased M&A activities, and changes in sector preferences, while more funds began to shift towards the more liquid secondary stock market.
Bitcoin Laws disclosed on the X platform that Connecticut Governor Ned Lamont has officially signed the state's "Bitcoin Reserve Ban." Connecticut is now prohibited from accepting, holding, or investing in digital assets.
Trump's second son hints at a possible presidential run
According to reports from The Guardian and AFP, Eric Trump, the second son of U.S. President Trump, recently hinted that he or other members of the Trump family might run for president after his father's second term in the White House ends.
The report states that 41-year-old Eric is the co-executive vice president of the Trump Organization. Since his father first took office in 2017, he has largely stayed away from politics, focusing on the operation of the family business.
However, in an interview with the Financial Times, he stated that if he decides to enter politics, "the political path will be very easy."
The official page shows that Binance Alpha has launched EGL1.
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Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of July 1, 19:50:
In the past 24 hours, the top five popular Ethereum tokens are: SOLX, TAP, FUSAKA, PPP, WLFI
In the past 24 hours, the top five popular Solana tokens are: PEPEGOLD, PISS, DADDYMONKE, ARIA, MeowCan
In the past 24 hours, the top five popular Base tokens are: SLAP, Purr, DJI, NEKO, VIRTUAL
Risk warning
Risk warning
