Galaxy Digital Holdings Ltd. (NASDAQ: GLXY) has completed the first phase of its inaugural tokenized collateralized loan obligation (CLO). Referred to as the Galaxy CLO 2025-1, this financial product secured $75 million in commitments, leveraging the Avalanche blockchain to enhance operational efficiency and transparency in credit markets. The tokenized CLO represents Galaxy‘s entry into the CLO space, directly supporting its expanding lending activities.At the core of this deal is an anchor commitment of a ...

Polygon Labs, the firm behind the Ethereum scaling network Polygon, has laid off 60 staff after its acquisition of Coinme and Sequence for more than $250 million, a source familiar with the matter told CoinDesk. The layoffs came as the company is pivoting to a payment-focused blockchain, the source said, noting that the changes affected teams across the organization rather than any one function. The rumors of a new round of layoffs began swirling this week after several reports of a 30% workforce cut. A ...

As filed with the Securities and Exchange Commission on January 15, 2026. Registration No. 333-292217 (I.R.S. Employer Identification Number) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ––––––––––––––––––––––––––––––––––––––– AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ––––––––––––––––––––––––––––––––––––––– Proem Acquisition Corp I (Exact name of registrant as specified in its charter) ––––––––––––––––––––––––––––––––––––––– | Cayman Islan ...

‚A blockchain project should be utilising the blockchain with raised funds being stored in an auditable smart contract.‘Two employees who spoke with DL News indicate that they have not been paid. DL News could not independently verify this information.Liza Van Den Berg, who worked as an executive assistant to the CEO and managed payroll for BlockDAG, told DL News roughly 24 employees are still owed over $140,000 for their work in December.At least two football clubs have pulled out of sponsorship deals afte ...

Blockchain firm Polygon Labs (CRYPTO: POL) said on Tuesday it would buy crypto payments company Coinme and crypto infrastructure provider ​Sequence for $250 million to make its foray into the stablecoin-based payments market. At the time, Sandeep Nailwal, founder of the Polygon Foundation said in a press release, “We aspire Polygon to be the biggest stablecoin money movement avenue in the world."Stablecoins are digital tokens pegged to fiat currency, namely the dollar, and are increasingly being used as a p ...

Jarrett Boon, CEO of Bonk, Inc., added, "The arrival of TenX as a major holder and partner is a watershed moment. When another public company-fresh off a $29.9 million CAD financing-allocates significant capital to acquire ~220 billion BONK, it confirms what we have said all along: this asset is moving from the fringe to the balance sheets of regulated entities. We welcome TenX to the ecosystem and look forward to seeing their infrastructure expertise drive further utility." About TenX Protocols Inc. TenX ( ...

MANTRA, a popular layer-1 blockchain firm focused on real-world asset (RWA) tokenization, announced a company-wide restructuring on Jan. 14. This follows a turbulent year marked by a sharp market downturn and the collapse of its native token, OM, earlier in 2025. In a statement on X, MANTRA co-founder and CEO John Patrick Mullin said the restructuring will reduce headcount as part of a strategic reset. The decision is aimed at becoming leaner and more capital-efficient heading into 2026, he added. MAN ...

TL;DR: BNB Chain market capitalization grew by $9.2 billion over the last week. Native BNB token surged 5%, briefly testing major psychological price resistance levels. On-chain activity climbed significantly, though DEX market share lost ground to Ethereum. Things are heating up in the crypto market. Bitcoin (BTC) just hit its highest value in three months at over $96,000, core CPI came in lower than expectations, and fear has almost evaporated from the market. Several market cycle indicators ...

BNB Chain completed its “Short Block Interval Roadmap” on Jan. 14 with the successful activation of the Fermi hard fork. The milestone marks the transition from the Maxwell block time reduction of 0.75 seconds to a new 0.45-second production speed. This technical achievement brings the Ethereum-compatible environment closer to the physical limits of global block propagation. The upgrade focused on making the network faster in a predictable way as usage grows. By shortening the block interval, BNB Chain t ...

The Algorand Foundation said it will re-establish its headquarters in the United States, returning to Delaware from Singapore as part of a broader restructuring that includes the appointment of a new board of directors, the organization said in a press release Wednesday. The nonprofit, which supports development of the Algorand blockchain, said the move reflects a renewed emphasis on U.S. operations as it expands work on areas such as payments infrastructure, asset tokenization and other blockchain-based ...