MetaMask’s mUSD Is Live: The First Wallet-Native Stablecoin Aims at DeFi — and Daily Spending
MetaMask unveils mUSD, a wallet-native stablecoin issued by Bridge and built on M0. Live on Ethereum and Linea with in-wallet on-ramp, swaps, bridging and payments plans via MetaMask Card.
Pakistan Opens Licensing Doors to Global Crypto Firms, Offering Regulated Access to 40 Million Users
Pakistan has opened its crypto market to the world, inviting licensed global exchanges to operate under new regulations. With 40 million users and $300 billion in annual trading volume, the country is aiming to transform from a grey market into a regulated South Asia crypto hub.
Gemini IPO Pops in Nasdaq Debut, Raising $425M and Testing Investor Appetite for Crypto Stocks
Gemini’s listing priced at $28 and raised a capped $425M, with GEMI debuting on Nasdaq on Sept 12, 2025. The IPO was 20x oversubscribed and set aside up to 30% for retail. Here’s what the demand, valuation, and next catalysts mean for investors.
Figure IPO Surges on Nasdaq as Wall Street Backs Blockchain Lending
Figure Technologies surged more than 20% in its Nasdaq debut, reaching a $7 billion valuation and signaling growing Wall Street appetite for blockchain lending.
U.S. Treasury’s Mixer Rule Nears Final Stage Despite Friendlier White House Crypto Stance
The U.S. Treasury is preparing to finalize its mixer rule, a regulation first proposed in 2023. Despite a friendlier White House stance, the rule remains unchanged and could have major implications for crypto privacy and compliance.
Invisible ModStealer Malware Spreads Through Fake Job Ads to Drain Crypto Wallets
A new undetectable malware named ModStealer is spreading through fake job ads to steal crypto from browser-based wallets across Windows, Mac, and Linux.
MicroStrategy Misses S&P 500 Inclusion as Investors Question Bitcoin Treasury Risks
Strategy, formerly MicroStrategy, was excluded from the S&P 500 while Robinhood joined. The committee’s decision underscores skepticism toward bitcoin-heavy balance sheets, with JPMorgan warning the snub could deter other corporates from adopting similar treasury strategies. Investors now face fresh questions about MSTR’s role as a bitcoin proxy.
Kyrgyzstan Approves Sweeping Crypto Law: Stablecoins, Tokenized Assets, State Reserve, and Mining
Kyrgyzstan has enacted a comprehensive crypto law legalizing stablecoins, tokenized assets, and VASP licensing, while authorizing state mining and a sovereign crypto reserve. The framework sets capital rules for exchanges and positions the country as a Central Asian test case for digital reserves.
Sol Strategies’ Nasdaq Debut: A Hybrid Solana Treasury and Validator Play
Sol Strategies’ Nasdaq listing puts STKE stock on the Global Select Market with a $94M Solana treasury and a validator business. This hybrid model offers equity exposure to Solana plus staking-driven income, sharpening focus on premiums/discounts to NAV and the pace of Solana’s institutional adoption.
Ether Machine adds $654M in ETH as Berns joins board ahead of Nasdaq debut
Ether Machine raised 150,000 ETH ($654M) from Jeffrey Berns, who will join the board, and is aiming for a Q4 2025 Nasdaq listing. The company expects to list with a 495,362 ETH treasury and $367.1M cash, positioning itself as an active ETH vehicle that uses staking and financing to scale holdings.
