1⃣ Ether Machine secures $654M in ETH
Ether Machine received 150,000 ETH (≈ $654M) from Ethereum advocate Jeffrey Berns, who also joined its board. The company now holds more than 495,000 ETH (≈ $2.16B) and has $367M set aside for further acquisitions ahead of its expected Nasdaq debut.
2⃣ Gemini files for IPO
The Winklevoss twins’ exchange Gemini has officially filed for a Nasdaq listing under the ticker GEMI. It plans to raise up to $317M through the sale of 16.67M shares, targeting a total valuation of around $2.2B.
3⃣ WLFI token launch stirs markets
World Liberty Financial’s token, WLFI, started trading this week. The price jumped above $0.30 before slipping to the $0.21–0.24 range. The Trump family’s locked stake of 22.5B tokens is currently worth around $5B on paper. A recent 47M token burn was also announced to support price stability.
4⃣ Liberland’s crypto diplomacy
The self-proclaimed micronation Liberland, led by Justin Sun, has stepped up its efforts to gain recognition on the global stage, including outreach to the U.S. political establishment.
✨ Fun Fact of the Week
During WLFI’s launch week, Eric Trump amused crypto fans in Tokyo by jokingly wrestling a sumo champion at a promotional event — a cultural twist that lit up social media alongside the token’s rollercoaster debut.
🚀 Stay tuned with NordFX for more updates on the fast-moving world of crypto!
🌐 Crypto News of the Week 📅 27 August - 3 September 2025 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
Also read: Make-it Capital Edition #51
