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Trump Media & Technology Group has stated that it is considering spinning off its flagship social media platform, Truth Social, into a publicly traded company, a move that may prioritize its ambitions in the cryptocurrency space.The company announced on Friday that it is in discussions with energy fusion startup TAE Technologies and Texas Ventures Acquisition III regarding a potential deal that would control the Truth social media platform. This discussion builds on the merger agreement reached between Trump Media and TAE Technologies last December, which was valued at over $6 billion.Once the merger is completed, Truth Social may be spun off into a new publicly traded company called SpinCo, which would then merge with Texas Ventures III. Shares of SpinCo would also be distributed to shareholders of Trump Media. Trump Media & Technology Group is entering the cryptocurrency space in 2025, launching a fintech brand, Truth.Fi, to support its cryptocurrency products and services, and has also established a Bitcoin treasury in late September, holding over 11,500 Bitcoins.

According to Globenewswire, Trump Media Technology Group (TMTG) announced ongoing discussions with TAE Technologies and Texas Ventures Acquisition III Corp. regarding a potential transaction.Under the proposed plan, after the previously announced merger transaction between Trump Media Technology Group and TAE is completed, some businesses, including Truth Social, may be spun off into a new publicly traded company. After the transaction is completed, TAE's related businesses and some existing businesses and assets of Trump Media Technology Group will remain within the current publicly traded company entity.

According to Bloomberg, Malaysian digital infrastructure service provider Zetrix AI Bhd has secured approximately $40 million in equity financing from the World Bank's investment arm, International Finance Corp, to expand digital infrastructure in Malaysia, Southeast Asia, and other emerging markets.The two parties will collaborate through a subsidiary that plans to be listed on Nasdaq to advance projects, supporting the national digital identity system and blockchain service network in Malaysia, among others. Zetrix Managing Director TS Wong stated that its AI business unit, AI Foundation Lab, aims to complete its Nasdaq listing by the end of 2026.

According to official disclosures, CoinFund will spin off its liquidity strategy business into an independent company, which will focus on venture capital in the future. Seth Ginns and Chris Perkins will lead the new company, and after the transition is complete, they will no longer hold operational positions at CoinFund. Jake Brukhman, Alex Felix, and David Pakman will continue to lead CoinFund.CoinFund stated that as the crypto market continues to mature and expand in liquidity and private markets, this move will help the two types of investment strategies focus on their development separately, better serving LPs and Web3 entrepreneurs.According to RootData, CoinFund's first public investment occurred in August 2017, participating in the ICO fundraising of District0x. In 2025, it participated in 11 rounds of financing, with a historical total of 134 rounds, including projects like Monad, LayerZero, and Ether.Fi. In terms of fund size, CoinFund manages over $540 million in funds.

ChainCatcher message, according to official news, MEXC will be the first to launch Monad (MON), and is now launching a special MON pre-warm-up carnival. Complete tasks, spin the lucky wheel, and scratch to share in the $50,000 equivalent MON airdrop prize pool!Event time: October 17, 2025, 18:00 (UTC+8) -- November 6, 2025, 18:00 (UTC+8)

ChainCatcher message, according to official news, to celebrate the Mid-Autumn Festival, MEXC officially launches the Mid-Autumn Festival Lucky Spin event. Complete designated tasks to earn chances to spin the wheel and share a prize pool of $100,000 in popular tokens.Event time: September 29, 2025, 18:00 (UTC+8) -- October 9, 2025, 18:00 (UTC+8)

ChainCatcher news, according to Bloomberg, NVIDIA announced an investment of $683 million in a UK artificial intelligence infrastructure company, Nscale, which was spun off from a cryptocurrency miner in 2024.NVIDIA CEO Jensen Huang stated that the investment in Nscale, the AI division of cryptocurrency mining company Arkon Energy, is an important step in advancing AI infrastructure in the UK. Nscale was spun off from Arkon in May 2024, aiming to provide AI cloud services across Europe.

ChainCatcher news, according to market news, Faraday Future founder and global co-CEO Jia Yueting released a performance update, disclosing that the company has officially launched the spin-off plan for the cryptocurrency flywheel and will expedite the establishment of a second independent publicly listed Web3 company "CXC10," initially targeted to be controlled by Faraday Future. This spin-off plan has been approved by the board of directors.In addition, Faraday Future also disclosed that its crypto treasury C10 Treasury has currently completed an allocation of approximately $10 million in crypto assets.

ChainCatcher news, the encrypted trading platform Ourbit SuperCEX recently announced the launch of the "Lucky Roulette" event. Users can earn a chance to win a prize after completing designated contract or DEX trading tasks, with rewards including popular Launchpad tokens such as PUMP, LAUNCHCOIN, LIGHT, BONK, as well as USDT rewards. The single draw reward can be as high as 160,000 PUMP.At the same time, the platform has launched the "VIP Exclusive | Contract King Return Season" event, where contract trading users can receive contract experience coins by completing specified trading volumes and have the chance to draw real US cash rewards, with a single reward of up to 2000 USDT.In addition, Ourbit SuperCEX has officially launched XDAG trading and introduced a new coin listing event with a total prize pool of 800,000 XDAG. Users can participate in winning rewards through deposits and trading.Besides XDAG, the platform has also added support for multiple token spot trading, including LOOP (Workloop AI), MID (Midcurve), BERT, TAKE (OVERTAKE), MTP (Multiple Network), BALAJIS (balajis), TOWN (Alt.town), and BTR (Bitlayer). Users can now start trading on the platform.

ChainCatcher news, according to the Korea Herald, Korea's Mirae Asset Securities is considering spinning off its digital asset business into an independent company. The company's internal digital asset solutions team (formerly known as the "Digital Asset TF") may operate independently, primarily responsible for tokenized securities (STO) and virtual asset-related businesses.The spin-off plan stems from the current Capital Markets Act in Korea, which stipulates that financial investment companies cannot engage in businesses outside of financial services, while virtual assets are governed by the Virtual Asset User Protection Act. Notably, the company has completed its core technology layout in the tokenized securities field, including the independent development of blockchain, token issuance, and circulation mainnet, and is advancing integration with the Mobile Trading System (MTS).Mirae Asset Securities stated that it is currently in the preliminary review stage for measures such as business expansion and spin-off.

ChainCatcher news, according to The Block, one of South Korea's major cryptocurrency exchanges, Bithumb, has restarted its business split plan, aimed at refining and strengthening its various business segments while preparing for an initial public offering (IPO) this year.According to a statement released by Bithumb on Monday, the previously postponed split plan will take place on July 31, 2025. The newly split entity is named "Bithumb A," but its official English name has not yet been announced.

ChainCatcher news, Coinbase announced the acquisition of the on-chain advertising platform Spindl, aiming to rebuild the advertising technology stack on-chain to address the on-chain discovery issues faced by builders. Spindl was founded by Silicon Valley veteran Antonio Garcia-Martinez ("AGM"), an early member of the Facebook advertising team, responsible for launching Facebook's first keyword targeting, audience targeting, and Facebook's programmatic advertising exchange platform FBX.

ChainCatcher news, according to Bloomberg, Goldman Sachs is in talks with potential partners to spin off its digital asset platform into a new company, allowing large financial firms to create, trade, and settle financial instruments through blockchain technology.Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, stated in an interview that the bank is negotiating with several market participants regarding this plan while continuing to expand the platform's capabilities and develop new business use cases. McDermott mentioned that the plans for the new company are still in the early stages, but the long-term goal is to complete the spin-off within the next 12 to 18 months, pending regulatory approval.Additionally, McDermott indicated that Goldman Sachs is seeking to provide secondary market trading facilitation for private digital asset companies for its clients. He said this could make it easier for family offices and other liquidity-seeking clients to access funding while allowing buyers to benefit from discounts in the private market. He added that the bank is also looking to resume its Bitcoin-backed lending activities.

ChainCatcher news, The ETF Store President Nate Geraci posted on the X platform that once the Grayscale Bitcoin Mini Trust completes its separation from Grayscale GBTC, it will immediately become the sixth largest spot Bitcoin ETF by asset size, and the fee rate is the cheapest at only 15 bps, attracting liquidity worth noting.

ChainCatcher news, blockchain security company Chainalysis announced the results of Operation Spincaster, an initiative aimed at combating "authorized phishing" scams, which have resulted in $2.7 billion in cryptocurrency losses since May 2021.Chainalysis stated that Operation Spincaster is a global extension of the company's first operation with the Calgary Police Service in Canada in March 2024.The operation involved a series of actions conducted in six countries from April to June, involving 12 public sector agencies and 17 cryptocurrency exchanges. During these actions, Chainalysis identified over 7,000 leads related to criminal activity.From this information, Chainalysis was able to trace the flow of funds and use them to close accounts related to crime, seize funds, and build intelligence to better prevent potential scams. In one of the operations, participants were able to directly contact victims and warn them that they were under threat. Potential victims were able to revoke authorizations and prevent cryptocurrency losses worth hundreds of thousands of dollars.