Odaily Planet Daily reported that according to monitoring by on-chain analyst Yu Jin, an institutional address (suspected to be HashKey Capital) transferred 12,000 ETH (US$47.18 million) to OKX half an hour ago.

Odaily News According to the official announcement, BitMart will launch ZKWASM (ZKWASM) at 21:00 (ET8) on July 22, and the ZKWASM/USDT trading pair will be opened. Delphinus Lab is the core development team of ZKWASM. ZKWASM is the first open source virtual machine that supports zero-knowledge proof generation for WebAssembly (WASM). It supports verifiable off-chain computation and supports modular Rollup architecture. The ecosystem includes a zk-native Launchpad for deploying verifiable dApps and targets real-world use cases such as verifiable mini-games. ZKWASM has received support from top investors such as HashKey Capital, Mirana Ventures, and SevenX, and is positioned as the core zero-knowledge proof infrastructure layer for scalable, trustless Web3 applications.

Odaily News Web3 infrastructure developer Zypher Network has completed a US$7 million financing round, led by UOB Venture and Signum Capital, with participation from HashKey Capital, Hong Leong Group, Cogitent Ventures, Catcher VC, Hydrogenesis Labs, DWF Venture and other strategic investors. Zypher Network is a decentralized trust platform that provides verifiable autonomy for AI agents through zero-knowledge protocols and its dedicated Rollup infrastructure, Zytron.

Odaily News HashPower, an on-chain staking and yield protocol, announced the completion of a $4 million strategic financing round, with investors including HashKey Capital, FBG Capital, Hailstone Labs and DePIN X Capital. This round of financing will accelerate HashPower's vision: to expand global decentralized mining capabilities, optimize staking returns, and build digital assets and AI infrastructure with real-world application value through an on-chain, permissionless approach. This round of financing is based on the important achievements of HashPower in continuously expanding the ecological and technological foundation. Previously, HashPower has signed a memorandum of cooperation (MOU) worth US$60 million with a number of projects including Aethir, Multiple Network, XPIN Network, Planck Network, DI Foundation, Inferix, Bitcoin on Base and Automata Network. The parties will carry out in-depth cooperation in the fields of ecological growth, joint research and development, decentralized mining, computing power and AI infrastructure deployment. HashPower allows users to obtain mining and staking income from multiple high-quality projects without having to own hardware. By connecting real-world infrastructure with the DePIN + AI-driven token economic model, HashPower opens the door for users to participate in the PoS (Proof of Stake) mechanism and directly obtain tokenized computing power income on the chain. Currently, HashPower relies on its global distributed node network to provide users with stable staking income and infrastructure services through innovative, secure, and user-friendly platform protocols, accelerating the intelligent and inclusive development of decentralized finance.

Odaily News The Telegram Mini App game Catizen announced the completion of a new round of strategic investment, supported by the well-known blockchain game company Animoca Brands. Catizen, released by Pluto Entertainment, is one of the highest-grossing gaming projects in the Telegram-TON ecosystem. Its innovative Play for Airdrop model is highly consistent with TON's strategy of promoting game-token-DeFi user conversion, and has successfully helped more than 40 million new users access the Web3 world. The consumption of Catizen's native token CATI has also continued to rise, becoming an important indicator of ecological activity. The latest data shows that the total consumption of CATI has exceeded 30 million, a 3.5-fold increase from the fourth quarter of 2024. According to the trading platform Bybit, Catizen has more than 3.3 million on-chain users, and its game platform has a maximum daily consumption of more than 1 million CATI. Officials predict that as more games and application scenarios go online, the total consumption of CATI is expected to reach the target of 200 million. According to previous news, Pluto Entertainment has also received investment support from YZi Labs, HashKey Capital, Folius Ventures, The Open Platform and other institutions. Currently, Pluto Entertainment is accelerating its transformation to the Telegram x TON ecosystem, exploring new opportunities for the integration of globalization and encryption technology, and is committed to promoting the large-scale application of blockchain technology under the Mini App business model. Catizen stated that it will work with Animoca Brands, TON and global partners to continue to expand Web3 games and application scenarios, helping global users move towards an encrypted future.

Odaily News HashKey Capital announced the launch of Asia's first XRP tracking fund, with Ripple as its early investor. Market participants have been looking forward to a spot XRP exchange-traded fund since U.S. President Donald Trump began his second term in January. Standard Chartered Bank expects the XRP ETF to be approved in the third quarter, which could attract up to $8 billion in inflows in the first year and 12 months. At least seven companies are vying to launch a spot XRP ETF. The U.S. Securities and Exchange Commission must respond to Grayscale's spot XRP ETF application by May 22. (TheBlock)

Odaily News According to HashKey Capital member Rui and ArkStream Capital Founding Partner Ye Su’s revelations on X, the cryptocurrency project MANTRA (OM) is a “ground-pushing OTC plate” with an OTC scale of US$500 million. It operates in a cycle of “new OTC tokens taking over old OTC selling plates” until the last unlocked chips “OTC does not move” explode. According to reports, in 2023, when the OM token FDV fell to $20 million and was almost abandoned, a Middle Eastern capital intervened in the acquisition under the matchmaking of an intermediary, retaining only the position of CEO. The Middle Eastern capital owns a large number of physical assets such as luxury homes and resorts, and then packaged OM into a physical asset tokenization (RWAfi) project. Ye Su said that under a high degree of control, OM achieved Binance's highest increase in 2024, achieving a 200-fold growth. The team is still promoting the "OTC" business recently.

Odaily News HashKey Capital announced that it has officially obtained the first type of license issued by the Securities and Futures Commission, and will be able to provide introducing brokerage services to retail and professional investors, and sell and distribute various funds and structured products, including virtual asset-related funds and structured products. The newly added products and services are mainly divided into three categories, including providing introducing brokerage services to different markets, introducing traditional financial (TradFi) customers to crypto asset exchanges, and also assisting crypto-native customers to connect to traditional brokers. Under this model, HashKey Capital will not custody any customer assets. (Hong Kong Economic Journal)

Odaily News FastLane Labs announced that it has completed a US$6 million financing round, led by Figment Capital and DBA, with participation from Coinbase Ventures, Robot Ventures, Hashkey Capital, CHORUS ONE and others. According to previous news, in May 2023, FastLane Labs, the developer of Polygon ecosystem MEV solution FastLane, announced the completion of a US$2.3 million seed round of financing, led by Multicoin Capital, with participation from Polygon Ventures, Shima Capital, Delphi Ventures, Everstake Ventures, a41 Ventures and Symbolic Capital, the venture capital fund of Polygon co-founder Sandeep Nailwal. It is reported that the FastLane protocol focuses on creating income for validators, improving the efficiency of algorithmic traders, and minimizing redundant transactions on the network of network participants without the need to install or manage custom software on verification nodes.

Odaily News On March 2, 2025, US time, Trump announced the establishment of a "Crypto Strategic Reserve" and planned to include BTC, ETH, XRP, SOL and ADA in the reserve. In the Top 20 index fund launched by HashKey Capital in February, the currencies mentioned by Trump accounted for about 90% of the holdings. After the announcement of the news, the fund's highest increase once reached 8.2%, showing a high degree of compatibility with the new US policy. HashKey Capital's Top20 Index Fund focuses on investing in the top 20 tokens by market capitalization, of which BTC/ETH/SOL/XRP/ADA account for about 90% of the five potential US strategic reserve tokens. Market analysts pointed out that HashKey 20 can actually be regarded as a "US Crypto Strategic Reserve" theme fund, representing all known components of the reserve, and is one of the effective tools for investors to lay out this theme in advance. As the White House cryptocurrency summit on March 7 approaches, more policy details are expected to be released, which may trigger a new round of market volatility. Investors should pay close attention to price consolidation after the summit, which may provide a good opportunity to enter the market.