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The bond tokenization platform BlockInvest announced the completion of a €4 million strategic round of financing, with Italy's UniCredit participating and acquiring a 16% stake in the company.It is reported that BlockInvest will assist UniCredit in issuing Italy's first native digital mini-bond, as well as the first blockchain-based tokenized structured notes aimed at wealth management clients, and will build a system that combines digital ledger programmability with finance.

The cryptocurrency fintech company Superstate has launched a new fund operating system, FundOS. FundOS opens the underlying infrastructure used by Superstate's own funds to asset management companies, helping traditional private equity funds, public funds, and ETFs achieve on-chain deployment.Managers do not need to change the existing fund operation methods and can independently choose the supported chains, DeFi protocols, and whether to enable stablecoin subscriptions/redemptions. Currently, FundOS has provided technical support for USTB and USCC, with a total managed scale exceeding 1 billion dollars, and has been adopted by Invesco US.

The live prediction market and meme coin issuance platform Pumpcade announced the completion of a $5 million seed round financing, with participation from Jump Crypto and Foundation Capital.According to reports, Pumpcade is built on Solana and supports one-click creation of prediction markets in live streaming scenarios, integrated into the Pump.fun chat system. Previously, Pump.fun participated in its $1 million pre-seed financing.

Tether CEO Paolo Ardoino posted on X that Tether has frozen 3.29 million USDT in the hacker address of Rhea Finance.Paolo Ardoino specifically mentioned, "Tether takes this matter seriously," seemingly implying that Circle has not restricted the actions of hackers using USDC to transfer stolen funds in recent incidents such as Drift.

The cryptocurrency futures exchange KieDex announced the completion of a $3.5 million financing round, led by Marqel Capital.The company stated that this round of funding will be used to build the KieDex platform, creating a next-generation cryptocurrency futures exchange focused on fast, secure, and incentive-driven trading experiences. Supporting partners include Hidden Street Capital, Caviar, CSP DAO, Solulu Club, Rocket, TPC, Devmons, TATATU, and others.

According to CertiK monitoring, the DeFi protocol Rhea Finance was attacked, with attackers extracting at least $7.6 million in total.The attackers misled the oracle and validation layer to complete the attack by creating fake token contracts and injecting liquidity into newly created funding pools.

The UK's Financial Conduct Authority (FCA) has released the final draft of the crypto asset framework. This new regulation is set to bring most crypto activities under the regulation of the Financial Services and Markets Act by October 25, 2027.According to the proposal, any institution that holds customer crypto assets for more than 24 hours or has the ability to revoke customer permissions will be considered a regulated custodian and must hold a full safeguarding license. Validators and node operators that provide value-added features such as yield or reward reinvestment will lose their technical exemptions. In addition, stablecoin issuers within the UK must control the entire lifecycle from issuance to redemption. Relevant institutions must submit authorization applications between September 30, 2026, and February 28, 2027.

The Financial Conduct Authority (FCA) in the UK is seeking feedback on specific regulatory activities for digital assets under its cryptocurrency roadmap.This consultation covers how activities such as stablecoin issuance, trading platforms, custody, and staking will fall under regulatory oversight. The consultation will close on June 3, 2026, and cryptocurrency businesses can apply for FCA authorization starting September 30, 2026. The FCA stated that the consultation on the rules for the future cryptocurrency asset regime is largely complete, and a policy statement will be released this summer. Before the new legislative regime is implemented in 2027, cryptocurrency assets remain largely unregulated in the UK, except for financial promotions and financial crime purposes.

Bitfinex's official social media post stated that whales have accumulated over 270,000 bitcoins in 30 days, marking the largest buying frenzy since 2013. Additionally, the bitcoin balance on the trading platform is at its lowest point since December 2017.

HashKey Chain announced a strategic cooperation with the compliance brokerage infrastructure platform HabitTrade. The two parties will collaborate on the on-chain integration of quality assets and on-chain financial infrastructure, promoting the issuance and circulation of compliant assets.As the first tangible progress, HSKSwap has integrated the open-source securities tokenization protocol Stove Protocol under HabitTrade, supporting on-chain tokenized trading of assets including U.S. stocks.HashKey Chain stated that this cooperation will continuously introduce compliant assets backed by real assets, further improving the on-chain financial infrastructure. In the future, both parties will expand into more asset categories and explore cross-market circulation and on-chain financial application scenarios, promoting the integration of traditional capital markets and the on-chain ecosystem.

JPMorgan analysts have stated that negotiations for the U.S. "Cryptocurrency Market Structure Act" (i.e., the CLARITY Act) have entered the final stages, with both sides reaching compromises on a few remaining contentious points. The number of disputes has been reduced from over a dozen to 2-3 core issues, with discussions on stablecoin rewards being "in a good place." While banks express concerns about stablecoins offering similar yields to deposits, there is an overall bipartisan compromise trend. JPMorgan believes that "there is no perfect bill," and once passed, the bill will provide important regulatory clarity for the integration of digital assets into the U.S. financial system.The "Cryptocurrency Market Structure Act" is currently in advanced negotiations in the U.S. Senate, with Senate staff stating that the draft is "very close" to resolution, but the final text has not yet been released, nor has a formal vote been scheduled. The remaining major disagreements focus on stablecoin rewards, DeFi regulation, and token classification issues. Although optimism is rising, there is still a risk of delays due to the 2026 midterm elections, which could lead to a more uncertain political environment. If the bill is ultimately passed, it will delineate the regulatory authority between the SEC and CFTC, providing a long-term regulatory framework for stablecoins, DeFi, and the entire cryptocurrency industry.

According to Cruncbase, financial compliance startup Spektr announced the completion of a $20 million Series A funding round, led by New Enterprise Associates, with participation from Northzone, Seedcamp, and PSV Tech, bringing the total funding to $26 million to date.The company primarily provides AI Agent-based compliance services to cryptocurrency wallet service providers, including Phantom, as well as traditional financial companies, including risk assessment and sanctions list monitoring.

Financial compliance startup Spektr announced the completion of a $20,000,000 Series A financing round, led by New Enterprise Associates, with participation from Northzone, Seedcamp, and PSV Tech, bringing the total funding to $26,000,000 to date.The company primarily provides AI Agent-based compliance services to cryptocurrency wallet service providers, including Phantom, as well as traditional financial companies, including risk assessment and sanctions list monitoring.

According to Tech in Asia, South Korean internet giant Naver plans to promote the IPO of its fintech subsidiary Naver Financial within five years after completing a share swap with Dunamu, the operator of the cryptocurrency exchange Upbit in which it holds shares. The transaction has been delayed due to an extended antitrust review period, and the specific timetable and structure will depend on market conditions and the regulatory environment. The proposed "Digital Asset Basic Law" in South Korea may change the transaction structure or timetable.On the same day the share swap contract was signed, both parties entered into a shareholder agreement, requiring the establishment of an IPO committee for Naver Financial within one year after the share swap is completed. If the IPO is not achieved within five years, the timeframe can be extended by another two years. Regulators are also discussing a proposal to limit the shareholding ratio of the major shareholders of the exchange to within 20%, which may lead to adjustments in the transaction terms.

According to Onchain Lens monitoring, Tether purchased 951.35 BTC (worth 70.47 million USD) from Bitfinex. They now hold 97,204 BTC (worth 7.28 billion USD).

On-chain lending platform Votre announced the completion of a $3.75 million seed round financing, led by a16z's crypto startup accelerator a16z CSX, with participation from MaC Venture Capital and a group of angel investors.The company currently operates a non-custodial cryptocurrency lending platform based on the Base Layer 2 network, helping cryptocurrency holders obtain liquidity without having to sell their assets. The new funds will be used to expand Votre's technological infrastructure and enhance the functionality of its lending platform.

According to on-chain analyst Yu Jin's monitoring, the Bitcoin reserve address of USDT issuer Tether withdrew 951 BTC ($70.47 million) from Bitfinex 15 minutes ago. This should be the BTC they purchased in the first quarter of this year. The BTC stored in this wallet was bought with 15% of the company's profits since 2023, and they often withdraw the BTC purchased in the previous quarter from Bitfinex a few days after each quarter ends.Currently, Tether's Bitcoin reserve address holds 97,141 BTC ($7.2 billion), making it the fifth largest BTC wallet. Based on the price when they withdrew from Bitfinex, the average purchase price of these BTC is approximately $51,312, currently yielding a profit of $2.175 billion.

According to Cointelegraph, the UK's Financial Conduct Authority (FCA) has announced that it is seeking industry feedback on guidance for the future regulatory framework for crypto assets in the UK, aimed at facilitating the implementation of a comprehensive regulatory framework that will take effect on October 25, 2027.According to the announcement, this consultation will last until June 3, 2026, and aims to help businesses understand the impact of the new regulations on their operations, providing compliance guidance for key areas such as stablecoin issuance, crypto trading, custody, and staking.The FCA stated that it hopes to establish a "competitive and sustainable" crypto market, allowing compliant institutions to better serve UK users. The FCA also disclosed that the application process for relevant crypto business licenses is expected to open in September 2026 and continue until February 2027.All institutions providing crypto asset services will need to obtain authorization under the Financial Services and Markets Act (FSMA) in the future, and previous registration under anti-money laundering frameworks will not automatically exempt them. This guidance consultation is seen as an important step in the UK's gradual improvement of its crypto regulatory system, marking an accelerated transition from partial regulation to a comprehensive licensing system.

According to Decrypt, the institutional-level quantitative AI trading platform AlphaNet announced the completion of a $10 million seed round financing, led by private equity firm Joffre Capital, with participation from Huashan Capital and an Asian quantitative trading consortium. This round of financing will support its transition from an invitation-only whitelist model to a public platform release.It is reported that AlphaNet was incubated by the Asian proprietary trading firm Tensor Investment and is positioned as an institutional-level "systematic alpha" trading platform, aiming to provide retail users with trading capabilities that were previously only available to institutions.