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Brazil’s Mercado Bitcoin Bets on ‘Invisible Blockchain’ Approach to Build Financial Super App
The company plans on using blockchain technology behind the scenes while avoiding crypto-native terminology.

Crypto Perp DEX Mania May Quickly Fizzle Out, BitMEX CEO Says
A competitive battle has erupted in the perpetual decentralized exchange sector, with emerging platforms like Aster and Lighter significantly challenging Hyperliquid’s former dominance.

CoinRoutes Acquires QIS Risk For $5M to Bolster Institutional Crypto Trading Tools
The deal brings together CoinRoutes’ execution technology with QIS Risk’s portfolio and risk management tools.

Keel Debuts as Sky's Solana-Focused 'Star' With a $2.5B Roadmap to Boost RWAs and DeFi
The new protocol will channel USDS stablecoin reserves into Solana-based lending markets and real-world asset strategies.

From SPACs to Cash-Flow Buys: How DATs Are Plotting the Next Growth Phase
Strive's Semler buy, the first DAT-to-DAT deal, cements “Bitcoin per share” as the key metric while setting the stage for a broader wave of consolidation.

Tether and Circle Are ‘Printing Money’ but Competition Is Coming: Wormhole Co-Founder
Platforms like M^0 and Agora are addressing the issue by allowing stablecoin infrastructure to be built to route yield to applications or directly to end users.

Centrifuge Launches Tokenized S&P 500 Index Fund on Coinbase's Base Network
The SPXA offering is the first blockchain-based index fund licensed by the S&P Dow Jones Indices.

Securitize Expands to Sei, Debuting With Apollo’s $112M Tokenized Credit Fund
The fund is a feeder into Apollo's private credit strategy, which includes corporate lending and dislocated credit. It's open only to qualified investors.

Cloudburst Raises $7M Series A to Scale Off-Chain Crypto Intelligence Platform
The round was led by Borderless Capital with participation from Strategic Cyber Ventures, CoinFund, Coinbase Ventures, Bloccelerate VC and In-Q-Tel.

Crypto Exchange Kraken Sees Handful of Senior Execs Depart: Source
Four senior executives who work on the institutional side of business have recently left Kraken.

