Valour Launches Eight New ETPs on Spotlight Stock Market: Valour has introduced SEK-denominated ETPs for Shiba Inu (SHIB), Pi (PI), Ondo (ONDO), Cronos (CRO), Mantle (MNT), VeChain (VET), Ethena (ENA), and Celestia (TIA), expanding its Nordic product suite.Broader Exposure to Leading Digital Assets: These new listings provide regulated, exchange-traded access across L1/L2 blockchains, real-world-asset infrastructure, modular data availability, and high-engagement ecosystem tokens—meeting growing investor de ...

Core Viewpoint - Spirit Blockchain Capital Inc. is actively addressing recent trading activities and early warning filings to maintain market integrity and transparency for its investors [2][3]. Group 1: Company Updates - Spirit Blockchain has contacted the Canadian Investment Regulatory Organisation (CIRO) to discuss recent trading activities in its shares, ensuring a fair marketplace for investors [2]. - An early warning report was filed by Gabriela Hunkeler on August 15, 2025, indicating her disposition of a portion of her shareholdings as part of personal estate planning, while she continues to hold a significant stake in the company [3]. - Hunkeler's ongoing involvement reflects her confidence in the company's long-term strategy and growth trajectory [3]. Group 2: Company Overview - Spirit Blockchain Capital Inc. is a public company based in Canada and Switzerland, listed on the Canadian Securities Exchange under the symbol "SPIR" [4]. - The company offers investors access to digital assets, tokenized securities, and blockchain infrastructure through its regulated subsidiaries and proprietary platform, SpiritLinQ [4].

Core Insights - Safety Shot, Inc. has formed a strategic alliance with the founding contributors of BONK, receiving an initial allocation of BONK tokens valued at approximately $25 million, while issuing Preferred Shares worth $35 million that are convertible into common stock [1][2][5] - The decision to focus on BONK as a core treasury asset is based on its advantages over competitors, including high-speed, low-cost transactions on the Solana blockchain, and a deflationary tokenomics model that enhances long-term value [3][4] - As of July 31, BONK has a market capitalization exceeding $2 billion, making it the fourth-largest memecoin globally, with over 980,000 on-chain holders, indicating significant adoption [4] Financial Position - Safety Shot has settled all outstanding debt and currently holds over $15 million in cash, positioning itself with a strong balance sheet ahead of the new strategy [2] - The partnership with BONK is expected to enhance Safety Shot's financial position, diversify its asset base, and create new avenues for shareholder value [5] Strategic Direction - The company aims to bridge traditional public markets with the digital asset ecosystem, focusing on acquiring revenue-generating assets within the DeFi space to build a robust treasury of digital assets [7] - The CEO of Safety Shot emphasized that this partnership marks the beginning of a broader corporate evolution, aiming to elevate the company's beverage brands [5]

Core Viewpoint - Liminatus Pharma, Inc. plans to strategically expand into the cryptocurrency sector by establishing a subsidiary focused on accumulating BNB Coin, with a target investment of up to $500 million for long-term value [1][2][4]. Company Strategy - The new subsidiary, "American BNB Strategy," will lead the digital asset investment initiatives, aiming to raise and deploy capital in phases [2][4]. - The investment strategy is characterized as a long-term value-driven approach rather than a short-term speculative initiative [4][5]. Rationale for Investment - BNB Coin was chosen due to its robust technology, global user base, and value-generating features such as Launchpool participation and staking models [5]. - The company believes that entering the digital asset space is essential for long-term growth and enhancing shareholder value while remaining committed to its core business of cancer therapeutics [3][6]. Operational Framework - Liminatus plans to utilize custody infrastructure from Ceffu, an entity within the BNB ecosystem, to ensure security and operational integrity in its digital asset investments [6]. - The company is currently engaged in a capital raise process with placement agent Digital Offering, pending regulatory clearance and market conditions [8]. Industry Impact - This initiative marks a rare move for a traditional biopharmaceutical company, potentially setting a precedent for how other Nasdaq-listed companies engage with the digital asset economy [7].

智通财经APP获悉，申万宏源发布研报称，根据RWA.XYZ网站数据，截止到2025年7月16日，RWA链上 资产规模达到255.2亿美元，拥有310573名资产持有者，251名RWA发行商。RWA作为稳定币重要的使 用场景正在快速发展，相比于传统资产和一般加密资产，RWA有诸多优势。分应用场景上看，国债代 币化是RWA的一个重要场景，正随着区块链理财需求增加快速发展；房地产代币化投资方面，RealT和 Reinno都有着广泛的实践；此外，股票代币化实践方面，Robinhood的代币化股票产品的价格根据 NASDAQ提供的标的资产的实时价值动态调整。 申万宏源主要观点如下： 中国内地和中国香港也有RWA的相关探索 2024 年，朗新集团携手蚂蚁数科在香港完成国内首单新能源RWA融资，金额达1亿元人民币，标志着中 国新能源资产数字化迈出关键一步。中国内地方面，马陆葡萄RWA纪念币登录中国数字资产交易所， 该产品将马陆葡萄产业园的产出作为背书资产，实现了农业和数字经济的融合。 RWA，Real World Asset，是一种基于区块链的数字资产证券化投资项目 RWA通过将现实世界中的实物或者金融资产，利用区块链标签 ...

Core Insights - K Wave Media (KWM) has established a strategic partnership with Galaxy Digital, a leading digital asset investment firm, which will act as KWM's asset manager and strategic advisor [1] - The partnership aims to support KWM's Bitcoin treasury strategy and expand its institutional capital financing channels, highlighting the advantages of KWM's model that combines Korea's cultural influence with a long-term commitment to Bitcoin [1][2] - KWM has raised nearly $1 billion in institutional capital to support its strategic initiatives, marking a significant step towards becoming a Bitcoin-first public company [1][2] Group 1 - KWM recently acquired 88 Bitcoins, a number considered a symbol of wealth in Asian markets, and is actively expanding its Bitcoin reserves, making it one of the boldest Bitcoin strategies among publicly listed companies globally [2] - Galaxy Digital will provide guidance in areas such as the construction and execution of Bitcoin treasury purchases, risk management, and long-term coordination with institutional-level financial infrastructure [5] - The partnership signifies a new phase in KWM's development, redefining the meaning of being a public company in the Bitcoin and borderless capital era [3] Group 2 - KWM's strategy targets the Korean retail market, U.S. institutional investors, and the global cryptocurrency market, creating a strong multi-market flywheel effect [3] - The company is actively exploring more collaboration and acquisition opportunities to expand its treasury reserves and cultural influence [3]

Core Viewpoint - K Wave Media (KWM) has formed a strategic partnership with Galaxy Digital, which will act as an Asset Manager and Strategic Advisor, while also investing in KWM to support its Bitcoin treasury strategy and access to institutional capital [1][2]. Group 1: Partnership and Investment - Galaxy Digital's investment highlights the strength of KWM's business model, which integrates Korea's cultural influence with a commitment to Bitcoin as a corporate treasury asset [2]. - KWM has secured nearly $1 billion in institutional capital to bolster its strategic initiatives, indicating strong market confidence in its approach [2][3]. Group 2: Bitcoin Strategy - KWM has acquired 88 Bitcoin, symbolizing prosperity in Asian markets, and is actively scaling its reserves, positioning itself as a leader in Bitcoin strategies among public companies [3]. - The partnership with Galaxy will provide KWM with guidance on structuring Bitcoin treasury purchases, risk management, and aligning with institutional-grade financial infrastructure [6]. Group 3: Market Strategy - KWM's cross-border strategy targets Korean retail, U.S. institutions, and global crypto markets, creating a multi-market flywheel effect [4]. - The company is exploring additional partnerships and acquisitions to enhance its treasury position and cultural influence, marking a new phase in its evolution as a public company in the Bitcoin era [4].

Core Insights - K Wave Media Inc. (NASDAQ: KWM) has announced a convertible bond agreement with Anson Funds, providing up to $500 million in financing, with at least 80% of net proceeds allocated for Bitcoin (BTC) purchases [1][4] - The company has completed its first purchase of 88 Bitcoins, symbolizing wealth and success in Asian culture, demonstrating its commitment to Bitcoin as a long-term investment [2] - K Wave Media aims to build a reserve of 10,000 Bitcoins while leveraging its existing Korean cultural content business to engage global fans through Bitcoin [2][7] Financing Details - The initial transaction involves the issuance of $15 million in senior secured convertible notes and warrants to Anson Investments Master Fund LP and Anson East Master Fund LP [1][4] - The total financing amount from this issuance can reach up to $500 million, contingent upon meeting additional closing conditions [4] - The notes will mature on July 3, 2027, and will not accrue interest under normal circumstances, but will incur a 12% annual interest rate in case of default [5] Conversion and Warrants - Holders of the notes can convert their principal and accrued interest into common stock at an initial conversion price of $4.40 per share [6] - The warrants grant holders the right to purchase up to 143,739,293 shares of common stock at an initial exercise price of $3.6616 per share, valid for five years from the issuance date [6] Company Overview - K Wave Media is pioneering a Bitcoin-based corporate treasury management model while expanding its business through the global influence of Korean entertainment [7] - The company is focused on strategic allocation of Bitcoin, original content, and consumer brand assets to redefine the value paradigm of culture-driven, investor-aligned public companies [7] Partner Overview - Anson Funds is a private alternative investment firm with experience in supporting transformative digital asset platforms and is an active institutional investor in the Bitcoin ecosystem [8]

Core Insights - Grayscale has launched the Grayscale Space and Time Trust, aimed at providing investors access to the SXT token, which is integral to the Space and Time network [1][6]. Group 1: Company Overview - Grayscale is the largest digital asset-focused investment platform globally, established in 2013, with a decade of experience in the digital economy [13]. - The company offers a range of investment products, including single asset, diversified, and thematic exposure to digital assets [13]. Group 2: Product Details - The Space and Time Trust allows eligible individual and institutional accredited investors to subscribe daily, functioning similarly to Grayscale's other single-asset investment trusts [7]. - The Trust is solely invested in the SXT token, which secures the network through staking and facilitates data processing payments [6][7]. Group 3: Technology and Market Position - Space and Time is a blockchain designed for verifiable, real-time database processing, catering to the needs of Web 3.0 and AI applications [2]. - It aims to combine the reliability of blockchain with the performance of traditional data platforms, addressing limitations of both [4]. - The technology is crucial for decentralized finance and AI, emphasizing the importance of verifiable data integrity and auditability [4][5].

Core Viewpoint - JZXN Holdings, Inc. is initiating a strategic investment in Bitcoin through the issuance of convertible notes, marking its entry into digital assets and demonstrating confidence in Bitcoin's long-term value [1][4]. Group 1: Investment Strategy - The board of directors has approved the issuance of convertible notes specifically for Bitcoin strategic reserves, with an initial purchase of 23.5 Bitcoins as part of the "Thousand Coins Plan" [1]. - The company plans to execute Bitcoin asset allocation progressively, with the initial acquisition being a core component of its strategy to acquire a total of one thousand Bitcoins [2]. - JZXN aims to optimize its asset portfolio and enhance risk resilience by incorporating Bitcoin, which is viewed as a flagship blockchain technology [2]. Group 2: Compliance and Market Dynamics - The convertible note offering is a strategic decision aligned with current market dynamics and corporate objectives, with strict compliance to relevant laws and regulations [3]. - The company acknowledges Bitcoin's substantial investment potential while committing to maintaining prudent investment discipline to safeguard capital [3]. Group 3: Leadership Perspective - The CEO of JZXN emphasized the understanding of Bitcoin's volatility and uncertainty, stating that the decision to invest is based on a long-term confidence in blockchain technology [4]. - This initiative is part of JZXN's broader strategy to diversify its asset structure and enhance profitability while exploring blockchain applications in other fields [4]. - JZXN positions Bitcoin as a foundational element of the digital asset ecosystem and a potential global strategic reserve asset, reaffirming its commitment to generating sustainable long-term value for shareholders [4].