____________________ Aperture AC As filed with the U.S. Securities and Exchange Commission on November 17, 2025. Registration No. 333-[ ] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (Exact name of registrant as specified in its charter) ____________________ Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer ...

Core Insights - Venture capital investors are continuing to invest heavily in crypto startups despite recent market downturns, with expectations of increased backing in 2026 [1][3] - The total funding for crypto companies in 2025 has reached $22 billion, doubling the total from 2024, with projections of $25 billion for the year [2][3] - Ripple Labs raised $500 million in a strategic funding round, tripling its valuation to $40 billion, indicating strong institutional interest in the crypto sector [6][7] Investment Trends - Investors are focusing on companies with real revenue, solid unit economics, and effective risk controls, particularly in blockchain infrastructure and real-world assets [1] - A quieter Q4 is anticipated as investors conduct due diligence, with larger allocations expected in late Q4 2025 to Q1 2026 if market conditions stabilize [2] - Regulatory developments in the US are expected to boost investor confidence and lead to a resurgence in funding by mid-2026 [4] Notable Funding Events - In the first week of November, 12 crypto companies raised over $666 million, showcasing ongoing investor interest [2] - Ripple Labs' recent funding round was backed by major financial institutions, highlighting a broader trend of financial entities entering the crypto space due to new stablecoin regulations [6][7]

RT BSCN (@BSCNews)🚨 $500M BOOST FOR @RIPPLE!Fortress, Citadel, Pantera & Galaxy back Ripple at a $40B valuation — as the firm expands from payments to full blockchain infrastructure. Details 👇https://t.co/O4eljvNGCC ...

RT BSCN (@BSCNews)🚨 $500M BOOST FOR @RIPPLE!Fortress, Citadel, Pantera & Galaxy back Ripple at a $40B valuation — as the firm expands from payments to full blockchain infrastructure. Details 👇https://t.co/O4eljvNGCC ...

🚨 $500M BOOST FOR @RIPPLE!Fortress, Citadel, Pantera & Galaxy back Ripple at a $40B valuation — as the firm expands from payments to full blockchain infrastructure. Details 👇https://t.co/O4eljvNGCC ...

Core Insights - Consensys, the blockchain software company known for the MetaMask wallet, is planning to go public and has selected JPMorgan Chase and Goldman Sachs as lead underwriters for its initial public offering [1] - This potential listing would represent a significant public debut for a company focused on building Ethereum infrastructure, which is the second-largest blockchain globally [1] Company Overview - Founded by Ethereum co-founder Joseph Lubin, Consensys develops tools that facilitate user and developer interaction with Ethereum applications [3] - MetaMask, its most recognized product, is a digital wallet utilized by millions for storing cryptocurrency, managing tokens, and connecting to decentralized applications via a browser [3] Recent Developments - Consensys supports SharpLink, an Ethereum treasury management firm that recently announced plans to invest $200 million of its holdings into on-chain yield strategies [4] - The funds will be allocated on Linea, a Layer 2 network developed by Consensys aimed at enhancing the speed and cost-effectiveness of Ethereum transactions [4] Market Context - If Consensys proceeds with its public offering, it would join several other crypto-native companies that have listed on U.S. exchanges this year, following a period of cautious investor sentiment and regulatory uncertainty [5]

Core Insights - Circle has launched the public testnet for its Layer 1 blockchain network, 'Arc,' which aims to create an open and efficient global economic system on the internet [2][3] - The project has received significant backing from over 100 global firms, including major financial institutions and technology companies [1][6] Group 1: Arc Testnet Overview - The Arc testnet allows for experimentation with new functions in a secure environment, supporting various financial applications such as lending, capital markets, foreign exchange, and global payments [4][6] - Arc utilizes USDC as its native gas token, providing predictable fees and an economically efficient cost structure, addressing the high and volatile fees associated with public chains like Ethereum [3][2] Group 2: Institutional Participation - Major Wall Street firms involved in the Arc project include BNY Mellon, Intercontinental Exchange (ICE), State Street, BlackRock, Deutsche Bank, Goldman Sachs, HSBC, and Standard Chartered [6] - Technology and payment giants such as AWS, Mastercard, and Visa are also participating, along with leading cryptocurrency exchanges like Coinbase, Kraken, and Robinhood [6] Group 3: Future Plans - Circle's long-term plan includes transitioning Arc to a decentralized governance system, expanding validator participation to establish a community-centric operational structure [7]

Group 1 - Brera Holdings PLC has rebranded as Solmate Infrastructure, shifting its focus to the Solana ecosystem and blockchain infrastructure [1] - The company announced plans to acquire Solana-based projects and businesses, aiming to enhance its staking operations [1] - Solmate has selected a data center in the UAE to host its first Solana validator [1] Group 2 - Following the rebranding news, SLMT shares surged by 46% during early U.S. market hours on October 23, trading around $12.44 [2] - The stock outperformed other crypto stocks such as Circle, Robinhood, and Coinbase [2] Group 3 - Solmate purchased $50 million worth of Solana tokens from the Solana Foundation at a 15% discount, indicating strong investor confidence in the network's potential [3] - The stock rally precedes the Solana Breakpoint 2025 event scheduled for December 11-13, where new products and expansion plans will be unveiled [3] Group 4 - Solmate announced a Waiver and Consent agreement with investors holding over 50% of the company's registrable securities, signaling reduced risk and stronger investor confidence [4] - An SEC filing revealed an extension of the deadline for submitting a resale registration statement to 60 days after the closing date of the Registration Rights Agreement [5] - The extension was approved by a majority of security holders, providing the company with regulatory flexibility [5] Group 5 - Brera Holdings PLC is known for its multi-club ownership strategy in professional football, operating clubs across Europe, Africa, and South America [6]

🚨JUST IN: @YZILABS MAKES FOLLOW-ON INVESTMENT IN @ETHSIGN TO ADVANCE NATIONAL BLOCKCHAIN INFRASTRUCTURE ON @BNBCHAIN ...

Core Insights - AMINA Bank AG is the first regulated financial institution globally to offer staking access to POL, the native token of the Polygon ecosystem, enabling institutional clients to stake under a regulated framework with yields of up to 15% [1][4] Group 1: AMINA Bank's Offerings - AMINA Bank is expanding its custody and trading services for POL, highlighting the increasing institutional interest in blockchain infrastructure within compliant structures [2] - The bank's institutional staking service includes standard KYC, AML, and governance controls, ensuring a compliant setup for clients [3] Group 2: Partnership with Polygon Foundation - Through its partnership with the Polygon Foundation, AMINA Bank combines a base staking reward of approximately 4-5% with additional boosts, resulting in total yields of up to 15% for institutional clients [4] - This partnership aims to provide institutional clients with regulated access to blockchain, rewarding them for contributing to the stability and security of a significant blockchain network [4] Group 3: Impact on Polygon - The development enhances Polygon's credibility among enterprises and DeFi builders, as it supports nearly USD 3 billion in stablecoin capitalization and facilitates micro-payments with sub-5-second settlement times and ultra-low fees [5] - Polygon has surpassed USD 1 billion in tokenized real-world assets and hosts institutional constructs like BlackRock's BUIDL Fund, expanding its institutional on-ramp [6] Group 4: Institutional Participation - The initiative signifies a shift in institutional behavior, where institutions are not merely purchasing tokens but actively participating in significant networks [7] - Polygon supports enterprise projects such as Nike's .SWOOSH and Stripe's global payment processing, indicating its broader applicability beyond finance [7]