⏰What happened in Crypto in the last ~24h:
- $SRK, $ESP Lited on Upbit spot
- $ESP, $GPS Listed on Bithumb spot
- $ETH Ethereum Foundation stakes 70,000 ETH to fund future operations with yield
- $ONDO Binance relaunches tokenized stocks through strategic partnership with Ondo Finance
- $FTT Trump White House rules out pardon for SBF despite ongoing clemency campaign
- Meta plans 2026 stablecoin relaunch integrated with WhatsApp and Instagram payments
- Bitwise acquires Chorus One to expand staking services across 30+ PoS chains
- WisdomTree launches 24/7 instant settlement for tokenized money market fund shares
- RedotPay weighs $1 billion US IPO to expand global crypto payment services
- Trump administration weighs requiring banks to collect customer citizenship information
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$SRK , ESP - Upbit listed Seeker (SKR) and Espresso (ESP) in KRW, BTC, and USDT markets on February 24, 2026. SKR powers Solana's open mobile ecosystem, while ESP provides decentralized sequencing for Ethereum Layer 2 rollups. Both assets launched with initial trading restrictions on buy orders and price limits to ensure market stability.
$ESP, $GPS - Bithumb listed GoPlus (GPS) and Espresso (ESP) on its KRW market on February 24, 2026. GPS is a Web3 security layer on the Base network, while ESP provides decentralized sequencing for Ethereum L2 rollups. Both tokens are used for ecosystem utilities including staking and service fee payments.
$ETH - The Ethereum Foundation staked 70,000 ETH to generate sustainable yield for its future research and development operations. This strategic shift aims to reduce the need for direct ETH sales, ensuring long-term financial stability for the ecosystem. The move marks a transition toward using network rewards as a primary funding mechanism for the Foundation's treasury.
$ONDO - Binance is relaunching tokenized stock trading through a strategic partnership with RWA protocol Ondo Finance. The collaboration leverages Ondo’s infrastructure to offer on-chain exposure to major traditional equities for eligible users. This move marks Binance's return to the tokenized asset market with a renewed focus on regulatory compliance.
$FTT - The White House confirmed that President Trump will not pardon Sam Bankman-Fried, ending speculation about a potential sentence reduction. Despite an intense clemency campaign by SBF’s supporters, the administration is prioritizing strict accountability for the $8 billion FTX collapse. This decision ensures SBF will continue serving his 25-year prison sentence without executive intervention.
Meta is planning to relaunch its stablecoin project in the second half of 2026 for global payments. The initiative aims to integrate digital currency within WhatsApp and Instagram while adhering to new regulatory standards. This move marks Mark Zuckerberg's second major crypto attempt following the cancellation of Libra/Diem.
Bitwise acquired Chorus One to bolster its institutional staking capabilities across 30+ PoS networks.
The deal allows the asset manager to integrate professional staking rewards directly into its suite of investment products. This acquisition highlights a strategic move to control the infrastructure behind institutional crypto "total return" strategies.
WisdomTree launched 24/7 trading and instant settlement for its tokenized money market fund shares on WisdomTree Prime. The feature allows users to convert fund shares to cash or use them for transactions immediately, even outside traditional banking hours. This initiative enhances the utility of tokenized real-world assets (RWA) by providing constant liquidity and capital efficiency.
Hong Kong-based RedotPay is exploring a U.S. IPO with a potential valuation of $1 billion. The firm specializes in crypto-linked debit cards and infrastructure for stablecoin-based payments. This move reflects the rising institutional interest in digital asset payment solutions globally.
The Trump administration is weighing a new requirement for banks to collect and report the citizenship status of their customers. Proponents argue the rule would enhance national security and financial oversight, while critics cite privacy and discrimination concerns. This policy could significantly alter KYC protocols and impact banking access for millions of immigrants in the U.S.
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