Coin360 weekly crypto news, cryptocurrency updates, market movement

Coin360 weekly crypto news

Coin360 Weekly Dispatch | Crypto Market Updates & Highlights | May 18 - May 24, 2025

<h2>Bitcoin and Ethereum ETFs See $1.05B in Combined Inflows, Highest Since January</h2>On May 22, 2025, U.S. spot&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> and&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a> ETFs recorded a combined net inflow of $1.05 billion, their highest since January. Bitcoin ETFs attracted $934.8 million, led by BlackRock's IBIT with $877.2 million, while Ethereum ETFs gained $110.5 million, with Grayscale's ETHE bringing in $43.7 million. This marks a seven-day positive streak for Bitcoin and a five-day streak for Ethereum. Bitcoin recently reached new all-time highs, briefly hitting $112,000, while Ethereum surged to $2,668. Analysts note strong institutional buying amidst a "risk-on" environment, with some caution regarding potential weekend volatility.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>BlackRock's IBIT Bitcoin ETF Soars to Top Five with $9B in 2025 Inflows</h2>BlackRock's U.S. spot bitcoin ETF, IBIT, has surged into the&nbsp;<a href="https://x.com/EricBalchunas/status/1925152281558737026">top five ETFs</a> by year-to-date flows, reaching nearly $9 billion in net inflows in 2025. After a remarkable $6.5 billion inflow spree in the past month, IBIT now ranks fourth in assets under management at $66.9 billion, behind VOO, VTI, and SPLG. Currently, IBIT's flow surpasses the SPDR Bloomberg 1-3 Month T-Bill ETF, which has $8.8 billion. Overall, U.S. spot bitcoin ETFs have generated $7.6 billion in cumulative inflows this year, rebounding from earlier market turmoil.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>JPMorgan to Launch Managed Bitcoin Fund, Outsourcing Custody to NYDIG</h2>JPMorgan Chase has announced it will allow customers to invest in Bitcoin through an actively managed fund, despite CEO Jamie Dimon's longstanding criticism of the cryptocurrency. Dimon, who has previously called Bitcoin a fraud, acknowledged customer demand for Bitcoin investments, leading to this new offering, set to launch this summer. Custody of Bitcoin will be outsourced to NYDIG. JPMorgan, with a&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> of $740 billion and over $4 trillion in managed assets, continues to invest in blockchain technology, executing its first transaction on a public blockchain recently, highlighting a complex relationship with digital assets.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Canary Capital Amends Solana ETF to Include SOL Staking, Renamed 'Canary Marinade Solana ETF'</h2>Canary Capital has amended its&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a> ETF filing, now named the 'Canary Marinade Solana ETF,' to include&nbsp;<a href="https://coin360.com/coin/solana-sol">SOL</a> staking through a partnership with Marinade Finance. This amendment comes as the SEC delays Solana ETF applications from 21Shares and Bitwise, with Canary's next decision deadline on August 17. Analysts predict an 82% chance of SEC approval for a Solana ETF in 2025, with a 90% likelihood from Bloomberg analysts. The SEC views Solana as a commodity, supported by its regulated&nbsp;<a href="https://coin360.com/glossary/futures-contracts">futures</a> market.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>VanEck to Launch Avalanche-Focused PurposeBuilt Fund Next Month</h2>VanEck is set to launch the VanEck PurposeBuilt fund next month, focusing exclusively on the&nbsp;<a href="https://coin360.com/coin/avalanche-avax">Avalanche</a> ecosystem. Managed by the Digital Assets Alpha Fund, it aims to support projects across various sectors, including gaming and AI, particularly after Token Generation Events. Portfolio manager Pranav Kanade emphasized Avalanche's favorable&nbsp;<a href="https://coin360.com/glossary/layer-1">Layer 1</a> architecture and robust business development as key reasons for the focus. The fund will also utilize any unused capital on-chain for liquidity solutions. Current fund size details are undisclosed, reflecting a broader trend of investment shifting towards builders beyond infrastructure offerings.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>a16z Leads $214M Funding Surge for Crypto Startups in One Week</h2>In one week, six crypto projects raised a total of $214 million, with a16z crypto leading significant investments. The largest fundraising came from&nbsp;<a href="https://coin360.com/coin/worldcoin-wld">Worldcoin</a>, which secured $135 million, followed by Slash with $41 million, and Catena Labs with $18 million. The total capital raised in 2025 has reached nearly $7.7 billion, an 87% increase from 2024, driven by favorable conditions including regulatory support and anticipated Federal Reserve interest rate cuts. The industry is projected to raise $18 billion this year, nearly double the averages of the previous two years, illustrating strong investor confidence in crypto startups.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>World Raises $135 Million in WLD Token Sale to Expand U.S. Presence and Enhance World ID Network</h2>World, previously known as Worldcoin, raised $135 million through a&nbsp;<a href="https://coin360.com/coin/worldcoin-wld">WLD</a> token sale, with participation from Andreessen Horowitz and Bain Capital Crypto. The funding aims to expand the World Network across the U.S. and enhance infrastructure for World IDs, which verify individual humanity using biometric data from iris scans. Over 26 million users have accessed the network, creating 12.5 million World IDs. World plans to launch in key U.S. cities, rewarding users with WLD tokens. The project, co-founded by Sam Altman of OpenAI, is positioned to become a self-sustaining protocol in the evolving AI landscape.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Theta Capital Secures $175M to Invest in Next-Gen Crypto Startups</h2><a href="https://coin360.com/coin/theta-theta">Theta</a> Capital recently raised $175 million for its new fund, Theta&nbsp;<a href="https://coin360.com/glossary/blockchain">Blockchain</a> Ventures IV, aimed at supporting specialized crypto venture capital firms that nurture early-stage blockchain startups. With nearly 20 years of experience managing $1.2 billion, the firm focuses on investing in crypto-native VCs to leverage their expertise in spotting innovative ideas. This funding comes as the crypto VC landscape rebounds, showcasing renewed investor confidence in decentralized finance and blockchain infrastructure. The raised capital is intended to empower startups that could revolutionize financial models, reinforcing Theta Capital's commitment to advancing the cryptocurrency ecosystem.This article has been refined and enhanced by ChatGPT.

Robot balances pastel ETF orb along crypto inflow channel

Robot balances pastel ETF orb along crypto inflow channel.webp

Crypto Funds Weekly Recap Marks Surge in ETF Flows and VC Bets

<h2>Revolut to Invest $1.1 Billion in France, Seeks Local Banking Licence</h2>Revolut Ltd, the UK-based fintech, plans to invest over €1 billion ($1.1 billion) in France over the next three years while seeking a local banking licence. This initiative aims to enhance its presence in Europe, especially as France now has the largest user base within the EU. Revolut will establish its Western European headquarters in Paris, creating at least 200 new jobs. Currently, the firm has 300 employees and 5 million users in France, targeting 10 million by 2026. Founded in 2015, it has 55 million global customers and reported $4.1 billion in revenue last year.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Bitcoin Suisse Secures In-Principle Approval to Expand Crypto Services in Abu Dhabi</h2><a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> Suisse (BTCS) has received in-principle approval from Abu Dhabi's Financial Services Regulatory Authority to operate in the Abu Dhabi Global Market through its subsidiary, BTCS Middle East Ltd. This approval enables BTCS to offer regulated crypto financial services, including trading of virtual assets and derivatives. The company, holding over $6 billion in digital assets and $2.6 billion in institutional staking, aims for full licensing to expand its services in the growing Middle Eastern financial center. BTCS seeks to replicate its Swiss success internationally, highlighting high demand for crypto services in the region.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Kraken Launches Europe's Largest Regulated Crypto Derivatives Offering from Cyprus</h2><a href="https://coin360.com/exchange/kraken">Kraken</a> has launched Europe’s largest regulated crypto derivatives offering, enhancing its market position in the region. Available to eligible clients in the European Economic Area (EEA), the suite includes liquid&nbsp;<a href="https://coin360.com/glossary/futures-contracts">futures</a> instruments—both&nbsp;<a href="https://coin360.com/glossary/understanding-crypto-perpetual-futures">perpetual</a> and fixed maturity contracts—compliant with MiFID II. This initiative is supported by a MiFID-regulated investment firm acquired by Kraken, providing institutional-grade infrastructure, strong local fiat support, and flexible collateral options. Shannon Kurtas, Kraken’s Head of Exchange, noted the importance of the launch in meeting increasing digital asset trading demand in Europe, with derivatives offered through the Cyprus-based Payward Europe Digital Solutions (CY).<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Crypto.com Secures MiFID License to Offer Crypto Derivatives in Europe</h2><a href="https://coin360.com/exchange/crypto_com">Crypto.com</a> has secured a MiFID license to offer cryptocurrency financial derivatives in the European Economic Area, enhancing its European presence after obtaining a MiCA license in January. The announcement highlights the company's strategy to expand offerings, with CEO Kris Marszalek emphasizing increased engagement for customers. This move follows Kraken's recent launch of regulated derivatives trading and reflects a growing interest in crypto derivatives, as seen by&nbsp;<a href="https://coin360.com/review/coinbase">Coinbase</a>’s acquisition of Deribit and&nbsp;<a href="https://coin360.com/exchange/table">Gemini</a>’s expansion efforts. Crypto.com has a history of acquisitions, including Fintek Securities and Watchdog Capital, solidifying its position in the evolving crypto market.This article has been refined and enhanced by ChatGPT.

Robot enters pastel MiFID gateway surrounded by licensing arches

Robot enters pastel MiFID gateway surrounded by licensing arches.webp

New Crypto Licenses Weekly Mark Big Wins for Kraken, Crypto.com, BTCS

<h2>American Tourist Claims $123K in Crypto Stolen by Fake Uber Driver in London</h2>Jacob Irwin-Cline, an American tourist, claims he was drugged by a fake Uber driver in London, leading to the theft of $123,000 in cryptocurrency, including bitcoin and&nbsp;<a href="https://coin360.com/coin/xrp-xrp">XRP</a>. After a night out, he was lured into a fraudulent ride, allegedly spiked with the sedative scopolamine, causing memory lapses. Upon returning to his hostel, he discovered his crypto wallets were emptied, traced to exchanges&nbsp;<a href="https://coin360.com/review/mexc">MEXC</a> and BTSE. Local police are investigating, but Irwin-Cline reports a “less than 1% chance” of recovery, noting the organized nature of the attack and lack of follow-up from authorities.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Binance Seeks Dismissal of FTX's $1.76 Billion Clawback Lawsuit</h2><a href="https://coin360.com/review/binance">Binance</a> has requested a Delaware court to dismiss&nbsp;<a href="https://coin360.com/coin/ftx-token-ftt">FTX</a>’s $1.76 billion clawback lawsuit, claiming the case is "legally deficient" and lacks jurisdiction. FTX's estate, which sued Binance in November 2024, alleges that misappropriated customer funds financed a 2021 equity deal and accuses Binance and its co-founder Changpeng Zhao of orchestrating a scheme to undermine FTX. Binance argues that FTX operated for over 16 months post-deal and that Zhao’s public statements were not false. The dispute is part of FTX's broader efforts to recover over $11 billion owed to creditors, with major bankruptcy disbursements set to begin on May 30.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Semler Scientific Holds $466M in Bitcoin Amid Investigation by Law Firm</h2>Semler Scientific, a Nasdaq-listed healthcare technology firm, currently holds $466 million worth of&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> after acquiring an additional $50 million this week. Despite facing an investigation from law firm Bragar Eagel &amp; Squire regarding potential violations of federal securities laws and business practices, Semler continues its Bitcoin investment strategy. The law firm has urged shareholders who have incurred losses to reach out. Semler's shares were trading at $44.20, down 1.6% in the last 24 hours, following a turbulent period tied to an ongoing inquiry by the U.S. Department of Justice into its reimbursement claims.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>UK Appeals Court Rejects $13.3B Class Action from BSV Investors Against Binance</h2>The UK Appeals Court dismissed the majority of a $13.3 billion class action against Binance from&nbsp;<a href="https://coin360.com/coin/bitcoin-sv-bsv">Bitcoin SV</a> (<a href="https://coin360.com/coin/bitcoin-sv-bsv">BSV</a>) investors, ruling that claims of BSV reaching Bitcoin-level value post-delisting were speculative. The court rejected the “loss of chance” claims, asserting investors had a duty to mitigate losses. While the lawsuit against Binance was narrowed, some smaller claims regarding investor losses due to access issues or selling at a loss may proceed. The ruling upheld a prior decision emphasizing the need for reasonable steps to reduce losses in a functioning market. BSV's value has fallen significantly since related court rulings.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Uniswap Dismisses Bancor's "Meritless" Patent Infringement Lawsuit as a Distraction</h2><a href="https://coin360.com/coin/uniswap-uni">Uniswap</a> Labs has dismissed&nbsp;<a href="https://coin360.com/coin/bancor-bnt">Bancor</a>'s patent infringement lawsuit, claiming it is “meritless” and a distraction amid the evolving crypto regulatory landscape. Bancor alleges Uniswap has misappropriated its constant product automated market maker (CPAMM) technology for over eight years. The public response has been largely negative towards Bancor, with accusations of being anti-<a href="https://coin360.com/glossary/decentralised-finance">DeFi</a> and criticism of its deviation from open-source principles. In contrast, some have scrutinized Uniswap for its use of intellectual property laws to restrict forks of its code. Uniswap CEO Hayden Adams described the lawsuit as possibly the “dumbest thing” he's encountered, dismissing its significance.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Global Operation RapTor Seizes $200M in Cash and Crypto; 270 Arrested in Narcotics Bust</h2>Operation RapTor has led to the arrest of 270 suspects across 10 countries and the seizure of $200 million in cash and digital assets, marking the largest enforcement action under the DOJ's JCODE initiative. Authorities confiscated over two metric tons of drugs, including 144 kilograms of fentanyl-laced substances, primarily trafficked through darknet markets. Major traffickers behind Nemesis and Incognito Markets were charged for using crypto to sell opioids. The operation underscores the growing trend of crypto in the drug trade, with Chainalysis linking Mexican cartels to Chinese fentanyl suppliers, further indicating crypto's role in laundering trafficked proceeds.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Iowa Supreme Court Rules Bitcoin Depot Must Keep $28K Seized from Scam Victims</h2>The Iowa Supreme Court has ruled in favor of Bitcoin ATM operator Bitcoin Depot, reversing a lower court's decision to return $28,000 in seized cash to scam victims. The court determined the victims, coerced into making Bitcoin transactions, entered a valid contract with Bitcoin Depot, which warned users of potential scams. One victim's claim of duress was rejected due to the absence of evidence of prior knowledge by the company. The ruling emphasizes legal clarity for crypto transactions, even as Iowa's Attorney General alleges significant losses linked to scams involving Bitcoin Depot, which retains a transaction fee of 23%.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Hawk Tuah Girl Haliey Welch Claims FBI, SEC Clearance Amid HAWK Memecoin Collapse</h2>Haliey Welch, known as "Hawk Tuah Girl," claims she was cleared by the FBI and SEC regarding the failed HAWK memecoin. Despite previously promoting the token as compliant and fan-focused, she now states she didn’t understand cryptocurrency. The HAWK token's&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> plummeted from $491 million to under $100 million, with losses initially estimated at $1.2 million, later revised to $180,000. Welch's comments have drawn skepticism, as many commentators criticize her lack of knowledge before endorsing the project. Currently, HAWK's market cap stands at just $104,000, down 99% since its peak in December 2024.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>SEC Charges Unicoin for Misleading Investors with Inflated Fundraising Claims and False Asset Backing</h2>The U.S. Securities and Exchange Commission (SEC) has charged Unicoin, Inc. and its executives for misleading investors through inflated fundraising claims and false asset backing. The SEC alleges that Unicoin claimed to have raised $3 billion, while only about $110 million was actually secured, deceiving over 5,000 investors. The company also falsely asserted that its crypto token was secured by billions in real estate and misrepresented its SEC registration status. The SEC seeks legal remedies, including restrictions on future activities and civil penalties, while Unicoin’s CEO, Alex Konanykhin, denies the allegations, calling them “crudely fabricated.”<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>SafeMoon CEO Braden Karony Convicted of Fraud, Faces 45 Years in Prison</h2>Braden Karony, CEO of&nbsp;<a href="https://coin360.com/coin/safemoon-v2-sfm">SafeMoon</a>, was convicted of defrauding investors in a cryptocurrency scheme, facing up to 45 years in prison. A federal jury found him guilty on three counts, including securities fraud, after he and co-conspirators misappropriated the liquidity pool, assuring investors it was locked. SafeMoon, launched in 2021, peaked at an $8 billion market cap. Prosecutors allege Karony diverted millions for personal gains, amassing over $9 million in crypto assets, which funded luxury purchases. Co-conspirator Thomas Smith has pleaded guilty, while Kyle Nagy remains at large. Karony maintains his innocence, asserting he did not commit fraud.This article has been refined and enhanced by ChatGPT.

Robot uncovers pastel SafeMoon evidence in crypto vault 

Robot uncovers pastel SafeMoon evidence in crypto vault.webp

This Week’s Legal Shockwaves Feature $200M Seizure, CEO Conviction, Lawsuits

<h2>Senate Advances GENIUS Act with 66-32 Vote, Sparking Bipartisan Support for Crypto Regulation</h2>The Senate recently voted 66-32 to advance the GENIUS Act, marking a significant bipartisan achievement with support from 16 Democrats who previously opposed it. Crypto advocates, including Bitwise CIO Matt Hougan, celebrated this vote, viewing it as a pivotal moment for U.S. dollar stability and crypto regulation, surpassing even the approval of spot bitcoin ETFs earlier this year. Hougan predicts the bill will pass this summer and trigger a long-term market rally, anticipating gains for&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a>,&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a>, and major&nbsp;<a href="https://coin360.com/glossary/decentralised-finance">DeFi</a> tokens like&nbsp;<a href="https://coin360.com/coin/uniswap-uni">Uniswap</a> and&nbsp;<a href="https://coin360.com/coin/aave-aave">Aave</a>, as the legislation is expected to promote broader adoption and investment in cryptocurrencies.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Texas Lawmakers Pass Bill for Strategic Bitcoin Reserve; Gov. Abbott Expected to Sign</h2>Texas lawmakers have passed Senate Bill 21, allowing for the creation of a strategic&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> reserve, and Governor Greg Abbott is expected to sign it soon. The Texas&nbsp;<a href="https://coin360.com/glossary/blockchain">Blockchain</a> Council's President, Lee Bratcher, anticipates an initial investment of "tens of millions of dollars" in Bitcoin, which he deems modest for Texas's economy. If signed, Texas will become the third state with a Bitcoin reserve, following New Hampshire and Arizona. The bill aligns with broader trends, including President Trump's recent executive order on establishing a Strategic Bitcoin Reserve. Bitcoin recently reached an all-time high of approximately $109,400.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>UK Implements New Crypto Regulations Effective January 2026, Aligning with US Standards</h2>The UK government will enforce new crypto regulations starting January 1, 2026, requiring all crypto firms to collect and report extensive user and transaction data, including addresses and national insurance numbers, to HMRC. Non-compliance may result in fines of up to £300 per user, escalating for firms with large user bases. This move aligns the UK with US regulations, treating crypto assets as securities, diverging from the EU's MiCA framework. Finance Minister Rachel Reeves emphasized that these measures aim to enhance tax compliance, protect consumers, and position the UK as a leading hub for fintech innovation by the end of 2025.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Hong Kong Passes Stablecoin Bill, Establishing Licensing for Fiat-Backed Issuers by End of 2025</h2>Hong Kong's Legislative Council has passed the&nbsp;<a href="https://coin360.com/glossary/stablecoin">Stablecoin</a> Bill, introducing a licensing regime for fiat-backed stablecoin issuers. Institutions can begin applying for compliance with the Hong Kong Monetary Authority by the end of 2025. The law stipulates that&nbsp;<a href="https://coin360.com/glossary/stablecoin">stablecoins</a> must be backed by legal tender, promoting innovation while ensuring investor protections. This regulatory framework is designed to position Hong Kong competitively in the global stablecoin market, offering clear guidelines for issuance and oversight. Through this initiative, Hong Kong aims to facilitate the growth of the digital currency ecosystem while safeguarding market integrity and consumer interests.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Russia Proposes Bill to Classify Bitcoin and Digital Currencies as Seizable Property</h2>Russia's Ministry of Justice has proposed a bill to classify digital currencies, such as Bitcoin, as property that can be seized during criminal investigations. This legislation aims to improve the confiscation process by allowing law enforcement to seize physical devices holding access to digital currencies and to block transactions through court orders. Deputy Minister Vadim Fedorov emphasized the need to close legal loopholes hindering law enforcement's ability to manage crypto assets in crimes. The bill also calls for expert involvement to ensure the secure handling of these assets, and it is set for a first reading in the State Duma.This article has been refined and enhanced by ChatGPT.

Robot plays glowing GENIUS Act in pastel chess hall [GENIUS]

Robot plays glowing GENIUS Act in pastel chess hall [GENIUS].webp

This Week’s Global Policy Recap: GENIUS Act Clears Senate With 66 Votes

<h2>Hilbert Group Targets Institutional-Grade Crypto Expansion Through Syntetika Phases</h2>Hilbert Group AB, a Nasdaq-listed digital investment firm, has&nbsp;<a href="https://hilbert.group/en/hilbert-group-publishes-syntetika-roadmap/">released</a> the roadmap for&nbsp;<a href="https://syntetika.io/">Syntetika</a>, its new tokenization and trading platform developed in collaboration with Galactica.com. The roadmap, structured across three key phases, outlines Syntetika’s vision to become a regulatory-compliant venue for trading tokenized real-world assets, including pre-IPO shares, alongside native crypto assets.&nbsp;<figure class="image"><img alt="syntetika-roadmap-250516_11zon.webp" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/syntetika_roadmap_250516_11zon_f42f4c1784.webp"></figure><h3>Phase 1: Foundation &amp; Protocol Launch (May – July 2025)</h3>This initial stage lays the technical and regulatory groundwork for Syntetika, preparing the platform for strategic growth and institutional engagement.<ul><li>Integrates Galactica’s zero-knowledge KYC (zkKYC) to ensure tokens can trade on decentralized exchanges while remaining compliant.</li><li>Kicks off the first tranche of the SYNT token sale, focused on onboarding VCs and strategic institutional partners.</li><li>Begins institutional onboarding for the&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> yield token.</li><li>Targets up to&nbsp;$200 million in&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a> deposits for the platform’s initial yield vaults.</li></ul><h3>Phase 2: Liquidity &amp; Token Generation Event (August – September 2025)</h3>This phase marks the launch of the Syntetika platform and token tradability, unlocking broader access to liquidity and crypto trading.<ul><li>Launches both the Syntetika platform and its native token SYNT on mainnet.</li><li>Conducts the Token Generation Event (TGE), unlocking pre-launch token allocations for trading.</li><li>Lists SYNT on centralized exchanges.</li><li>Opens BTC yield vaults to the public.</li><li>Starts distributing SYNT incentives via a permissionless liquidity program.</li></ul><h3>Phase 3: Ecosystem Expansion (October – December 2025)</h3>The final phase scales Syntetika’s product offerings and asset support to establish a broad, tokenized trading ecosystem.<ul><li>Adds tokenized pre-IPO stocks and real-world equities to the platform.</li><li>Expands yield products to cover assets like&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a>,&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a>, and&nbsp;<a href="https://coin360.com/coin/xrp-xrp">Ripple</a>.</li><li>Establishes Syntetika as a multi-asset platform with diverse tokenized investment options tied to the&nbsp;<a href="https://coin360.com/">crypto price</a> index and broader coin&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> trends.</li></ul>Hilbert Group CEO Barnali Biswal emphasized the project's broader impact, stating, “With Syntetika, we are redefining secure, compliant tokenized trading. Together with Galactica, our institutional-grade platform will drive the democratization of global market access.” The roadmap underscores a growing institutional appetite for blockchain-based financial infrastructure, reflecting a broader trend of digital asset platforms aligning with regulatory frameworks to capture larger portions of the coin market cap.This article has been refined and enhanced by ChatGPT.

Syntetika Unveils Roadmap for Tokenized Asset Trading Platform with $200M Bitcoin Yield Vault Goal

Hilbert Group Targets Institutional-Grade Crypto Expansion Through Syntetika Phases

Phase 1: Foundation & Protocol Launch (May – July 2025)

Phase 2: Liquidity & Token Generation Event (August – September 2025)

Phase 3: Ecosystem Expansion (October – December 2025)

Latest News @Coin360

Coin360 Weekly Dispatch | Crypto Market Updates & Highlights | May 18 - May 24, 2025

Crypto Funds Weekly Recap Marks Surge in ETF Flows and VC Bets

New Crypto Licenses Weekly Mark Big Wins for Kraken, Crypto.com, BTCS

This Week’s Legal Shockwaves Feature $200M Seizure, CEO Conviction, Lawsuits

This Week’s Global Policy Recap: GENIUS Act Clears Senate With 66 Votes