Nasdaq-Listed Firm Shifts Focus to Crypto After Leadership OverhaulDeFi Development Corp — formerly known as Janover — has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC), announcing its intention to raise over $1 billion to invest in Solana (SOL) and cover general corporate expenses.The move signals a major strategic pivot by the Nasdaq-listed company, which transitioned from a real estate financing platform to a crypto-focused enterprise following a leadership change earlier this month.Solana Treasury Strategy Echoes Bitcoin Treasury ModelsAccording to the SEC filing, DeFi Development plans to use proceeds from the offering to purchase Solana tokens, aiming to accumulate a substantial on-chain treasury reserve. The company cited staking rewards and potential price appreciation as the primary motivations behind the investment strategy, although it also cautioned that volatility could result in significant valuation fluctuations."Solana does not pay interest, but staking rewards can be earned," the filing states. "The ability to generate a return... will depend on whether there is appreciation in the value of Solana."The firm’s board approved the Solana treasury policy on April 4, authorizing long-term accumulation and the establishment of Solana validators to stake treasury assets. Parker White, DeFi Development’s Chief Investment Officer and former Kraken executive, currently operates a Solana validator managing $75 million in delegated stake.The model closely mirrors the public-market treasury approach made famous by Strategy (formerly MicroStrategy), which has amassed more than 538,200 Bitcoin as of April 2025.Regulatory Risks Highlighted in SEC FilingDespite its ambitious plans, DeFi Development acknowledged significant regulatory risks tied to crypto asset investments. The company warned that unclear regulatory frameworks could impact the price of Solana and the market value of its common stock.One key concern outlined in the filing is the possibility that Solana could be reclassified as a security under U.S. law, potentially subjecting the firm to investment company regulations under the Investment Company Act of 1940."We may be subject to regulatory developments related to crypto assets, which could adversely affect our business, financial condition, and results of operations," the filing noted.Share Price Impact and Industry ReactionDeFi Development’s crypto-focused pivot has had a positive short-term impact on its share price. Following the company’s April 22 announcement that it had added $11.5 million worth of Solana to its treasury, its stock price rose by over 12%.Industry figures have praised the move. Chris Chung, founder of Solana-based platform Titan, described it as "groundbreaking" and suggested more traditional businesses may follow suit as digital assets become more widely adopted in mainstream finance, according to Cointelegraph.

SEC's third crypto roundtable explores changes in crypto asset custody regulations and potential shifts towards crypto-friendly policies. source: https://coincu.com/334442-sec-crypto-custody-roundtable-2

XRP Becomes Third Major Digital Asset to Be Listed on the Chicago Mercantile ExchangeThe Chicago Mercantile Exchange (CME) has announced plans to launch XRP futures contracts, positioning XRP alongside Bitcoin (BTC) and Ether (ETH) as one of the few digital assets with futures offerings on a major U.S. derivatives platform, according to a report by TechFlow.The move is viewed as a significant milestone for the cryptocurrency industry, as it signals growing institutional acceptance of utility tokens beyond Bitcoin and Ethereum.Industry Reactions and Potential ImplicationsRipple CEO Brad Garlinghouse described the development as a "watershed moment," stating that the addition of XRP futures on CME validates XRP’s status as a mature investment asset and will enhance its liquidity and market stability.Analysts suggest that the launch could pave the way for XRP-linked ETFs or structured investment products, particularly in light of broader industry efforts to introduce diversified crypto-backed financial instruments.“Listing XRP futures on CME marks a new chapter, where utility tokens are increasingly recognized by global financial institutions,” one analyst commented.The introduction of XRP futures could also lead to greater hedging capabilities for institutional investors, improved price discovery, and increased trading volume across spot and derivatives markets.XRP’s Growing InstitutionalisationXRP’s addition to CME’s product lineup comes after years of legal and regulatory scrutiny surrounding its classification. The listing may further solidify XRP’s role within the evolving landscape of compliant digital asset products available to institutional investors.It remains unclear exactly when trading will commence, with CME expected to provide further operational details in the coming weeks. 

On Apr 26, 2025, 13:45 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 94,000 USDT and is now trading at 93,988.992188 USDT, with a narrowed 0.52% decrease in 24 hours.

OKX market data shows that BTC fell below 94,000 USDT and is now at 93,976.4 USDT, a 24-hour drop of 0.51%. (This newsletter is generated with the assistance of AI)

According to BlockBeats, European Central Bank Governing Council member Simkus has indicated that the possibility of two additional interest rate cuts this year cannot be ruled out. This statement comes amid ongoing discussions about the economic strategies needed to address current financial challenges in the Eurozone.

Odaily Planet Daily News: ECB board member Simkus said that the possibility of two more rate cuts this year cannot be ruled out. (Jinshi)

According to Odaily, Jack Mallers, the founder of Strike, has announced that his new Bitcoin company, Twenty One, will disclose its proof of reserves. This move aims to enhance transparency and trust within the cryptocurrency industry. source: https://www.binance.com/en/square/post/23439471218514?utm_source=BinanceNewsRSS

According to Odaily, Jack Mallers, the founder of Strike, has announced that his new Bitcoin company, Twenty One, will disclose its proof of reserves. This move aims to enhance transparency and trust within the cryptocurrency industry.

Ukraine’s financial system collapsed into chaos Saturday as major banks, payment services, and digital platforms across the country crashed at once, according to Bloomberg. People across Ukraine said they couldn’t swipe cards at retail stores, hop on public transport, or pay for taxi rides. Mobile payment apps like Apple Pay were also dead, leaving thousands […] source: https://www.cryptopolitan.com/ukraine-hit-by-banking-and-payment-outages/

With the recovery of the cryptocurrency market and the in-depth integration of Web3 technology, the entertainment industry is ushering in a decentralized revolution.

On the eve of the U.S. Securities and Exchange Commission (SEC) digital asset roundtable, Korea IT Times, a well-known Korean technology media, published an article.

On April 24, Fidelity said on X that “the supply of Bitcoin on exchanges is declining due to purchases by public companies.

Golden Finance launches the 2671th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

This is not only a product innovation, but also a reshuffle of the power structure of the crypto market, user behavior paths and value distribution methods.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

The crypto bubble is similar to the early A-share market, which has skyrocketed due to hype and capital influx, but it is unsustainable. We need to return to common sense and look at innovation and valuation rationally in order to participate in future development in a healthy way.

BTC, Crypto Market, Bitcoin's Key Decision Moment: Will There Be a Pullback or a Soar? Golden Finance, Is Now the "Best Hit Point" for Going Long on Cryptocurrencies?

As Ethereum launches its underlying improvement plan, some long-term investors are significantly reducing their ETH holdings.

DeFi, beyond incentives: How to build a lasting DeFi ecosystem Golden Finance, eight ways DeFi projects attract and retain users.