Crypto never sleeps, and neither do the headlines. Every week, something new shakes the market, sparks debate, or opens up fresh opportunities. At StealthEX and CryptoDaily, we make it simple for you to stay on track. No jargon. Just the most important updates delivered in a way that makes sense. So grab a coffee, take a seat, and let’s dive into the latest stories shaping the crypto world. Ready? Here we go.
Metaplanet has announced plans to raise 130 billion yen, or around $880 million, through an international share sale. The Tokyo-based company will issue up to 555 million new shares, boosting its total from 722 million to nearly 1.27 billion. Pricing will be set between September 9 and 11, with settlement to follow shortly after.
Most of the proceeds—124 billion yen ($835 million)—will be directed toward buying Bitcoin within two months. Another 6.5 billion yen ($45 million) will support its “Bitcoin Income Business,” which generates profit through covered call options. The firm said the program already delivers consistent returns.
Metaplanet currently holds 18,991 BTC worth roughly $2.1 billion, making it one of the top corporate holders worldwide. The company’s strategy mirrors MicroStrategy’s accumulation playbook. With its “21 Million Plan” and “555 Million Plan,” Metaplanet is targeting 210,000 BTC by 2027.
This year, it added 775 BTC for $93 million and 103 BTC for $11.7 million, joining a group of public firms controlling more than 775,000 BTC in total.
Despite a 53% decline since June, Metaplanet’s stock is still up 445% in 2025. Its strong results recently earned it a place in both the FTSE Japan Index and FTSE All-World Index, boosting its international exposure.
The US Commerce Department will soon release GDP figures on the blockchain, marking a first in government data distribution. Commerce Secretary Howard Lutnick revealed the move during a cabinet meeting at the White House.
The initiative will begin with GDP but may expand to other economic indicators once systems are in place. Lutnick said blockchain’s transparency makes it ideal for sharing important data and ensuring equal access for the public.
The announcement follows President Trump’s January 2025 executive order urging agencies to embrace blockchain and digital assets. White House crypto adviser David Sacks worked closely with the Commerce Department on the plan.
The effort echoes earlier government experiments, including Elon Musk’s Department of Government Efficiency, which once considered placing spending records on-chain. While that project never launched, this new push picks up where it left off.
Globally, governments are experimenting with blockchain for public administration. Estonia integrated Guardtime’s system into healthcare records in 2016, while the EU’s EBSI project supports cross-border services. California’s DMV digitized car titles in 2024 on Avalanche’s blockchain, while Singapore and Australia ran trade pilots.
If the US expands beyond GDP to include inflation or consumption data, it could set a precedent for open, tamper-proof government reporting.
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American Bitcoin, a mining company partly owned by Donald Trump Jr. and Eric Trump, is preparing to list on Nasdaq in September. The firm is completing a merger with Gryphon Digital Mining, according to Asher Genoot, CEO of Hut 8, which holds an 80% stake. The combined entity will trade under the ticker ABTC.
The Trump brothers are expected to own 19% of the company after the merger. Genoot explained that merging with an existing firm provided better financing options than a direct IPO.
American Bitcoin has its eyes on international expansion. The company is exploring deals in Japan and Hong Kong, although Genoot stressed plans are still early. Investors such as Gemini founders Tyler and Cameron Winklevoss are already backing the venture.
The firm’s goal is to become the world’s largest and most efficient Bitcoin miner. Its strategy blends direct Bitcoin purchases with mining operations, adjusting based on which path delivers better returns at a given time.
Critics have pointed to possible conflicts of interest due to the Trump family’s close ties to crypto. Genoot responded that the company has no government involvement, while Eric Trump focuses on mining sites and treasury planning.
Crypto asset manager 21Shares has filed with the US SEC to launch an exchange-traded fund tied to the SEI token. The fund will track the CF SEI-Dollar Reference Rate, which aggregates pricing data across multiple exchanges to create a standardized benchmark.
The ETF will passively follow SEI’s spot price without leverage or derivatives. Coinbase Custody Trust Company has been chosen to secure the holdings.
SEI is the native token of the Sei Network, a Layer-1 blockchain built for fast decentralized trading platforms. Launched in 2023, Sei uses SEI tokens for gas, governance, and staking.
21Shares noted that staking could be added to the fund in the future but only after legal and tax reviews. Liquid staking options are also being considered.
Investors will be able to subscribe or redeem shares either in cash or directly with SEI tokens. Redemptions will return either tokens or cash equivalents depending on the chosen method.
The filing shows the sponsor has seeded the fund with an initial two shares worth $50 each. More seed capital is expected after SEC approval. If cleared, the ETF will trade under a new ticker symbol, giving traditional investors easy access to SEI.
The Clearing Company, a startup built by ex-Polymarket and Kalshi executives, has raised $15 million in seed funding led by Union Square Ventures. Coinbase Ventures, Haun Ventures, and Variant also joined the round.
The firm aims to create a fully on-chain, permissionless, and regulated prediction market. Unlike older platforms that often operated in regulatory uncertainty, this project is designed for compliance from the start.
Prediction markets let users bet on real-world outcomes, such as elections or sports. By aggregating bets, they generate probabilities often seen as crowd-driven forecasts.
Union Square Ventures’ participation continues its history of supporting Web3 pioneers like Coinbase and Uniswap. Coinbase’s investment suggests growing institutional belief that prediction markets could become mainstream.
The Clearing Company is led by Toni Gemayel, former head of growth at Polymarket and Kalshi. He is joined by a team of engineers and product leaders with proven experience in scaling trading systems.
The startup emphasizes simplicity and transparency. Its name reflects the importance of clearing trades and ensuring liquidity within the platform itself. Competitors like FanDuel and DraftKings are also entering the space, but the company believes regulatory focus and user-friendly design will set it apart.
Numerai has secured a $500 million commitment from JPMorgan Asset Management, signaling strong institutional belief in its AI-powered strategy. The fund uses crowdsourced models from thousands of data scientists who stake Numerai’s token, NMR, on their predictions.
Numerai rebounded from a 17% loss in 2023 with a 25% return in 2024. Founder Richard Craib said many investors wait until unconventional strategies prove themselves before committing.
NMR has rallied on the news, jumping 38% to $11.40 with trading volumes surging 880%, according to CoinMarketCap. Numerai also began token buybacks this year, including a $1 million purchase in July.
The fund, founded in 2015 and backed early by Paul Tudor Jones, has grown from $60 million in assets in 2021 to $450 million today. With JPMorgan’s allocation, assets under management could more than double.
Wall Street is increasingly turning to AI-driven strategies. JPMorgan has also been exploring digital assets through partnerships with Coinbase and stablecoin research.
For many in finance, Numerai represents the future of hedge funds: a mix of artificial intelligence, blockchain, and collective intelligence. JPMorgan’s investment underscores how these technologies are moving into the mainstream.
Grayscale has applied to the SEC to convert its existing Avalanche Trust into a spot ETF on Nasdaq. If approved, the Grayscale AVAX Trust ETF would trade under the ticker AVAX, making it easier for both retail and institutional investors to gain exposure.
The ETF would run on a system of share baskets, each consisting of 10,000 shares. Coinbase Custody will manage storage of tokens, while BNY Mellon will oversee administration.
Grayscale’s proposal allows up to 85% of holdings to be staked, pending regulatory approval, which could generate additional returns.
The application comes as Avalanche faces a difficult year. After peaking at $54.2 in December 2024, AVAX has fallen to $24.3, down 35% since January. This contrasts with Bitcoin and Ethereum, which have both risen about 70%.
VanEck is also pursuing an Avalanche ETF, with its filing already under SEC review. The regulator delayed a decision in July, showing caution around non-Bitcoin or Ethereum ETFs.
If Grayscale gains approval, it would mark another step in expanding US-listed crypto funds beyond the biggest two assets, potentially boosting AVAX adoption despite its price weakness.
Gemini has launched a credit card that pays out rewards in XRP, expanding the cryptocurrency’s role in daily spending. The card, issued by WebBank and running on the Mastercard network, went live on August 25.
Users earn 4% back in XRP on fuel, EV charging, and rideshare; 3% on dining; 2% on groceries; and 1% on all other purchases. Some retailers offer up to 10% back. Rewards are credited instantly to Gemini accounts, with no waiting periods.
The card is part of Mastercard’s World Elite program, which includes perks like fraud protection and travel discounts. Customers can keep rewards in XRP or swap them for other digital assets within Gemini.
Ripple partnered with Gemini on the rollout. Ripple CEO Brad Garlinghouse said the card reflects demand for simple ways to earn and spend crypto. Gemini co-founder Tyler Winklevoss revealed a special edition metal card aimed at the XRP community.
Alongside the card, Gemini added trading support for Ripple’s RLUSD stablecoin, enabling seamless swaps between XRP, RLUSD, and other tokens.
By combining crypto rewards with traditional card benefits, Gemini and Ripple hope to bridge the gap between everyday payments and digital assets.
The US Commodity Futures Trading Commission has issued new guidance that could allow overseas crypto exchanges to serve US traders legally. The advisory outlines how foreign platforms can register as FBOTs, provided their home regulators meet comparable standards.
This creates a pathway for major exchanges like Binance and Bybit to reenter the American market under defined rules. Acting CFTC Director Caroline Pham said the framework enhances liquidity while protecting US traders.
The move is expected to boost trading volume by reducing fragmentation. Analysts believe the new policy could strengthen liquidity for Bitcoin and Ethereum while giving domestic investors more options.
The timing aligns with the Trump administration’s push to make the US a leader in digital finance. It also follows years of uncertainty that drove many crypto firms offshore.
By requiring comparability reviews of foreign regulators, the CFTC aims to balance market openness with oversight. Industry participants say the clarity could restore confidence and attract innovation back to the US.
Global competitors such as Singapore and the EU have already introduced frameworks to lure crypto firms. With this guidance, the US signals it is ready to compete for leadership in digital assets again.
This article is not supposed to provide financial advice. Digital assets are risky. Be sure to do your own research and consult your financial advisor before investing.
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