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Parataxis Holdings, a U.S.-based institutional digital asset manager, is set to go public through a merger with SilverBox Corp IV (NYSE: SBXD), a special purpose acquisition company (SPAC), in a deal aimed at raising up to $640 million to fund a Bitcoin treasury strategy.The newly formed entity, Pubco, will list on the New York Stock Exchange under the ticker “PRTX.”
World Liberty Financial (WLFI) is preparing to introduce an innovative loyalty program exclusively for USD1 stablecoin holders, aiming to incentivize adoption within its ecosystem. The project plans to collaborate with selected partners from the crypto exchange sector to roll out the rewards program, which will operate through a points-based system.
- 14:51Pyth Network partners with Kalshi to provide real-time prediction market dataJinse Finance reported, according to an official announcement, that Pyth Network has established a partnership with the US-regulated event trading platform Kalshi to introduce prediction market data to more than 100 blockchain networks. This collaboration enables regulated event data to circulate on-chain at scale for the first time, providing developers and institutions with real-time event probability data services in fields such as politics, economics, and sports.
- 14:38The US Dollar Index (DXY) has risen over 0.5% intraday and is now at 99.33.According to ChainCatcher, citing Golden Ten Data, the US Dollar Index (DXY) has risen more than 0.5% intraday and is now quoted at 99.33.
- 14:32Cryptocurrency weekly fundraising hits a new record of $3.5 billionJinse Finance reported that last week, cryptocurrency financing reached a historic high, with 28 rounds of fundraising raising a record $3.5 billion. Data released by Cryptorank on Monday showed that from October 6 to 12, weekly financing reached its highest point ever, surpassing all previous peaks, including nearly $3 billion raised from July 28 to August 3. Previously, financing had remained below $1 billion for seven consecutive weeks, marking a significant recovery in investor confidence. According to Cryptorank data, blockchain services dominated last week's fundraising activities. Of the 28 rounds recorded from October 6 to 12, 12 were for blockchain service providers, making it the most active sector. Pantera Capital was the most active investor last week, participating in four deals: two involving blockchain services, and the others involving CeFi and social enterprises.