Tagged: solana

Societe Generale-FORGE to Launch Stablecoin on Ethereum and Solana Public Blockchains

Societe Generale-FORGE (SG-FORGE), the integrated subsidiary of Societe Generale Group dedicated to crypto assets, is to launch a new stablecoin, the USD CoinVertible, on both the Ethereum and Solana public blockchains (ticker code: USDCV). BNY, a global financial services company, will act as “reserve custodian, enabling… Read More

Ledger Expands Crypto Accessibility, Security with U.S. Card Launch, Solana Edition Flex, Tangem Vulnerability Fix

Ledger, a global company focused on cryptocurrency hardware wallets, has recently announced three significant updates that underscore its commitment to enhancing user experience, security, and community engagement in the crypto ecosystem. These developments include the expansion of the Crypto Life (CL) Card to the United… Read More

Regtech Sumsub and Solana Introduce On-Chain Identity Attestations

Regtech Sumsub have completed their first public integration of Sumsub ID at Solana Accelerate in New York. The demonstration highlighted how users can issue on-chain credentials, such as attestations, “via the new Solana Attestation Service (SAS), a built-in protocol from Layer 1 blockchain Solana, based… Read More

Kraken and Backed to Launch xStocks on Solana, Improving Access to Tokenized Equities

Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today announced a strategic partnership with Backed, the issuer of tokenized stocks, and the Solana Foundation to bring tokenized U.S. equities to investors worldwide. Announced at Solana Accelerate,… Read More

Chainlink CCIP Is Live on Solana, Enabling the Growth of Solana DeFi

Chainlink, the so-called “backbone” of blockchain, announced that Chainlink’s Cross-Chain Interopability Protocol (CCIP) is officially live on Solana Mainnet—the non-EVM chain to feature CCIP’s v1.6 upgrade. CCIP is the standard for cross-chain interoperability, “supporting 57+ blockchains and enabling the secure transfer of value and data… Read More

SOL Strategies Announces Staking Partnership with DigitalX

SOL Strategies Inc., a Canadian company dedicated to building critical infrastructure for the Solana blockchain ecosystem, announced a staking partnership with DigitalX Limited (ASX: DCC), a blockchain tech company and digital asset fund manager. Under the partnership, DigitalX will stake its Solana (SOL) holdings through… Read More

SOL Strategies Is Reportedly Considering Pathway to Tokenize Shares on Solana Blockchain

SOL Strategies Inc., a Canadian company building infrastructure for the Solana ecosystem, announced that it signed a non-binding memorandum of understanding (MoU) with Superstate, a technology firm focused on modernizing capital markets through blockchain infrastructure. Pursuant to the MoU, the company and Superstate will explore… Read More

Solana based DeFi Protocol Loopscale Hit with Security Breach Leading to Nearly $6M Loss

Lost in Space Robot

Loopscale, a so-called decentralized finance (DeFi) protocol operating on the Solana blockchain, fell victim to a significant security breach, resulting in a loss of approximately $5.8 million. This amount represents 12% of the platform’s total value locked (TVL), which stood at around $40 million prior… Read More

MagicBlock Secures $7.5 Million Seed Funding to Power Onchain Real-Time Apps

MagicBlock, a startup building fully on-chain real-time applications on the Solana blockchain, said it has raised $7.5 million in a Seed funding round led by Lightspeed Faction. The round was also backed by Maven11, Delphi Digital, Robot Ventures, Mechanism Capital, Equilibrium, Pivot Global, and angel… Read More

DeFi Development Company Files $1B Shelf Offering, Signals Deepening Solana (SOL) Ecosystem Focus

DeFi Development Company, recently rebranded from Janover and dubbed the “MSTR of Solana,” has submitted a $1 billion shelf offering to the U.S. Securities and Exchange Commission (SEC), according to a filing disclosed on Friday. This strategic move underscores the company’s growing alignment with the… Read More

Solana Backer RockawayX Raises $125m for Second Crypto Venture Fund

RockawayX, an early investor in Solana, has announced raising $125 million for its second early-stage crypto venture fund, closing the oversubscribed round in the first quarter of 2025. The global digital asset investment firm, which manages about $2 billion in assets, attributed the strong demand… Read More

Galaxy Digital Trades $106M in Ethereum for Solana Tokens, Signaling Shift in Digital Assets Allocation Strategy

Galaxy Digital (TSX: GLXY) recently traded $106 million worth of Ethereum (ETH) for Solana (SOL) tokens. According to blockchain analytics platform Lookonchain, this transaction unfolded over two weeks through Binance. The swap comes at a time when Ethereum faces significant challenges, including a historically low… Read More

DeFi News of the Week: Industry Reaction to RWAs, Solana ETFs and more

Another milestone for tokenized real-world assets, gold-backed assets surging, a Canadian Solana ETF approval, and increased acceptance of cryptocurrency payments are among the DeFi topics that caught the experts’ attention this week. Tokenized RWAs cross $20B threshold “The tokenized RWA market crossing $20 billion in… Read More

Execs Comment on Web3 News of the Week: ETH, AI Agents, Solana and Facebook/China?

From Meta’s collaboration with China to Ethereum’s falling value and AI agents, Web3 industry executives had plenty on their minds this week. How AI agents can help Web3 “DefAI-related tokens are some of the worst performers year-to-date with a 91% drop, while tokens in the… Read More

Solana Blockchain focused SOL Strategies Releases Latest Operational Update

SOL Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, released its March 2025 operational update. Leah Wald, CEO, stated: “March represented a significant month for SOL Strategies, marked by our strategic acquisition of Laine’s validator network… Read More

Crypto Market Q1 2025 Update: Bitcoin Holds Steady Despite Geopolitical and Economic Tensions

The cryptocurrency and blockchain sectors have witnessed considerable activity in early 2025, with significant financial moves, regulatory shifts under the Trump Administration, as well as technological advancements shaping the landscape. From Clanker’s $13 million earnings in just five months to the US Securities and Exchange… Read More

Fintech Platform Reap Announces Stablecoin Treasury Management, Primarily on Solana

Reap, a global financial technology provider, has announced a shift in its stablecoin treasury management, transitioning “primarily” to the Solana blockchain. This move aligns with the momentum around PayFi on Solana, which seeks to bridge real-world payments with “on-chain finance through blockchain technology.” By leveraging… Read More

Blockchain Execs Discuss Tokenization, the SEC’s Ripple Dismissal, Stablecoins

Blockchain industry executives share their thoughts on some issues of the week. High tokenization treasury totals suggest market defensiveness but obscure real-world asset opportunities. “News that tokenized treasuries have hit an all-time high of $4.6 billion, combined with Aave’s decision to abandon new tokens in… Read More

Sol Strategies Shares Update on Solana (SOL) Purchases

Sol Strategies Inc. (formerly Cypherpunk Holdings Inc.), a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, has made additional “strategic purchases of SOL as part of its ongoing growth initiatives.” During the week ending March 7, 2025, Sol Strategies… Read More

Solana (SOL) Blockchain Is Consistently Outperforming Ethereum (ETH) – Report

Coin Metrics noted that the Solana blockchain has emerged as a key player in the web3 and crypto ecosystem, due to its relatively high throughput, fairly low transaction costs, and a fast-growing ecosystem (although a lot of activity centers around speculative trading and meme coins)…. Read More

Send this to a friend