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.
Senators demand SEC rigorously vet crypto ETFs over transparency, manipulation concerns.
Crypto upstart 5thScape woos XRP investors with 1,000% presale gains amid VR/AR pivot.
Memecoin presale mania births overnight millionaires, fueling Solana's renaissance and polarizing debates.
IMF demands crypto capital gains taxes in exchange for Pakistan bailout funding.
Bakkt stock jumps as leadership transition aims to capitalize on custody firm's turnaround.
Avalanche memecoin Sender's implosion amid suspicious fund movements reignites exit scam fears.
BlackRock's $100M tokenized Ethereum fund paves institutional DeFi path amid regulatory vetting.
Genesis Global, a bankrupt crypto lender, agrees to a $21 million penalty tied to Gemini Earn, settling SEC charges of securities law violations.
The UK's FCA aims to recover $8 million for supervising stablecoins and crypto, part of a broader regulatory agenda.
Starknet has adjusted its airdrop schedule for eligible Immutable X users and pooled Ether stakers, resolving technical issues and allowing users to claim their STRK tokens in April. However, the process has faced criticism and challenges, impacting the price of STRK.