Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Collector Crypt launched a digital system on Solana where people can buy NFT packs linked to real graded Pokémon cards. Buyers can either keep the NFT or claim the actual card, bringing together digital collecting and physical items.
Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
Pumpfun will launch its PUMP token on 12 July, aiming to raise $600 million by selling 15% of its supply across its own site and Gate.com. Despite the hype, the platform’s revenue and user activity have dropped sharply, while rival LetsBonk is gaining ground.
North Korea-linked hackers stole $3.2 million in crypto from Solana wallets and moved the funds to Ethereum. They laundered nearly $2 million using Tornado Cash, with over $1 million still sitting in an Ethereum wallet.
Invesco and Galaxy filed for a Solana ETF, aiming to give investors regulated access to the SOL token. Another filing proposes a new ETF mixing memecoins and NFTs from the Pudgy Penguins collection, marking a first of its kind in the market.
Sol Strategies, a Canadian crypto investment firm, has applied to list on Nasdaq after heavily investing in Solana tokens and staking operations. Despite a recent $3.5 million loss, the company aims to raise more capital and grow its presence in the US market.
The SEC has asked Solana ETF issuers to quickly update their filings, speeding up the approval process with decisions possible within weeks. This includes allowing staking features, which could boost investor interest and confidence in Solana.
Dubai’s VARA has signed an MoU with the Solana Foundation to advance blockchain innovation and talent development. Despite this, SOL remains over 2% down in the past 24 hours and below its January peak although it saw a slight uptick during the recent Bitcoin-led market pullback.
The SEC raised legal concerns about new Ethereum and Solana ETFs that include staking rewards, saying they may not qualify under current investment rules. REX and Osprey must address these issues before the funds can launch.
Swedish film Watch the Skies will debut in the US with AI-driven English dubbing. Director Victor Danelle believes the technology will expand the film’s reach, though the use of AI in dubbing, via TrueSync’s Flawless technology, has raised concerns about its impact on the film industry.
The Sandbox has partnered with Jurassic World to bring a digital dinosaur sanctuary to its metaverse, offering immersive experiences and virtual land for players. Fans can explore the park, collect dinosaurs, and even buy virtual land starting in April 2025.
Russian Central Bank Governor Elvira Nabiullina reaffirms her push to ban crypto settlements, while industry leaders urge Moscow to respond to US Bitcoin reserve plans.
The SEC, led by Hester Peirce, is considering exempting certain NFT fundraising projects from securities laws, such as "Stoner Cats" and "Flyfish Club." This shift in policy could allow NFTs with access-based utility to avoid heavy regulation, while those with investment-like features may still face scrutiny.
Paralysed since 2016, Noland Arbaugh can now control a computer with his thoughts via a Neuralink chip. As the first human recipient in January 2024, he joined a six-year study. After a repair, Noland regained the ability to play games and increased his independence.
In the UK, more young people are turning to cryptocurrencies instead of stocks, leading to concerns about the long-term impact on the economy. Lisa Gordon from Cavendish Investment Bank suggests taxing crypto transactions to encourage investment in traditional equities and support the economy.
AB DAO has announced that AB will officially be listed on Gate.io,
Trump Media has partnered with Crypto.com to launch ETFs featuring digital assets and US securities. Crypto.com will act as the broker, supporting the initiative alongside World Liberty Financial's crypto strategy. But is this another overreach?
The T3 Financial Crime Unit froze $9 million from the $1.4 billion stolen in the Bybit hack, believed to be carried out by North Korean hackers. for information leading to asset recovery.
House of Doge’s 10M DOGE purchase boosts mainstream adoption, making Dogecoin a faster payment option. The Official Dogecoin Reserve will serve as a liquidity pool for global merchants. Bullish indicators suggest a potential 16% price surge.