Trump-linked Miner American Bitcoin Eyes Nasdaq Debut In September

Trump-linked Miner American Bitcoin Eyes Nasdaq Debut In September

American Bitcoin, a miner partly owned by Donald Trump Jr. and Eric Trump, is preparing to go public on Nasdaq this September. The firm, majority-owned by Hut 8, is finalizing a merger with Gryphon Digital Mining to pave the way.

Launched in March, American Bitcoin aims to expand reserves by both mining and direct purchases of Bitcoin. It recently raised $220 million plus $10 million worth of Bitcoin from investors. The listing plan follows news of another Trump-linked crypto venture involving Trump Media and Crypto.com.

DeFi Development Corp Buys $77M In Solana, Expands Treasury

DeFi Development Corp boosted its Solana holdings with a $77 million purchase, acquiring 407,247 SOL at $188.98 each. This expands its balance to 1.83 million SOL worth about $371 million.

Funded by an equity raise, the deal marks a 29% increase from its prior position. The tokens will be staked across multiple validators, enhancing yield and integration with Solana. The move builds on its July milestone when it became the largest public holder of Solana, with further acquisitions expected given $40 million in remaining proceeds.

Nasdaq-listed Caliber Stock Soars 77% After Chainlink Treasury Move

Caliber, a Nasdaq-listed real estate asset manager, saw shares surge 77% after unveiling a Chainlink-focused digital asset treasury. The firm will allocate funds to acquire LINK tokens and has formed a crypto advisory board.

Despite Nasdaq notifying Caliber that it no longer meets listing equity requirements, investors welcomed the pivot. The company must submit a compliance plan within 45 days. With a $17.6 million equity deficit, success depends on raising funds. The Chainlink strategy could help restore compliance and preserve Caliber’s listing status.

Crypto Asset Manager 21Shares Files For SEI ETF, Expands Crypto ETF Race

Crypto asset manager company – 21Shares has filed with the US SEC to launch an exchange-traded fund tracking SEI, joining April’s similar application by Canary Capital. The ETF would use CF Benchmarks data across multiple exchanges and Coinbase Custody as custodian.

Launched in 2023, SEI powers a layer-1 blockchain designed for decentralized trading infrastructure. 21Shares is also weighing the option of staking SEI to boost returns, though legal risks are under review. If approved, the ETF would add to the limited roster of US spot crypto ETFs beyond Bitcoin and Ethereum.

Tether To Launch USDT On Bitcoin Via RGB & Lightning

Tether, issuer of the USDT stablecoin, plans to launch the token on Bitcoin using RGB, a protocol tied to the Lightning Network. RGB allows asset creation and transfer off-chain, cutting blockchain congestion while offering greater privacy through client-side validation.

The design improves on Omni, which slowed down when Bitcoin fees rose. Tether said the goal is faster, cheaper USDT transfers with added privacy. The move comes as the firm phases out smaller networks such as Omni, EOS, and Algorand by September 2025.

Chainlink & Pyth Chosen To Deliver U.S. Economic Data Onchain

Chainlink and Pyth have partnered with the U.S. Department of Commerce to publish official economic data on blockchain for the first time. Following the announcement, LINK rose 5% while PYTH soared nearly 50%.

Data from the Bureau of Economic Analysis, including GDP and PCE price index figures, will now be accessible through Chainlink feeds across 10 blockchains. Pyth will initially provide GDP data from the past five years. The initiative marks the first U.S. government-backed move to connect macroeconomic data directly to blockchain.

Luxxfolio Targets $73M Raise To Expand Litecoin Treasury

Canadian crypto infrastructure firm Luxxfolio has filed to raise up to $73 million as it doubles down on a Litecoin-focused treasury strategy. The move follows its pivot away from Bitcoin mining and the addition of Litecoin creator Charlie Lee to its advisory board.

CEO Tomek Antoniak called Litecoin “hard currency” and said scale is key to adoption. Luxxfolio aims to hold 1 million LTC by 2026. The firm has struggled financially, but hopes its treasury plan and infrastructure buildout will restore growth.

$4.5B In Tokens To Unlock Across Crypto In September

Crypto projects are set to release about $4.5 billion in vested tokens this September, according to Tokenomist. Roughly $1.17 billion will come from cliff unlocks, with the remaining $3.36 billion distributed via linear unlocks.

Large projects like Sui, Fasttoken, Aptos, and Arbitrum will see millions in tokens hitting the market. Sui leads with $153 million scheduled, followed by FTN with $90 million, Aptos with $50 million, and Arbitrum with $48 million. Analysts say cliff unlocks could trigger greater supply shocks.

CFTC To Let U.S. Users Trade Legally On Offshore Crypto Exchanges

The Commodity Futures Trading Commission has unveiled a framework allowing U.S. users legal access to offshore crypto exchanges. Acting Chair Caroline Pham said the move restores clarity after years of uncertainty and opens global markets under CFTC oversight.

Exchanges can now register as Foreign Boards of Trade, giving Americans regulated access. Pham described the step as part of the agency’s “crypto sprint,” aimed at expanding choice, liquidity, and investor protections. The Senate is expected to issue further guidance on the framework.

Romania To Raise Crypto & Stock Tax Rates From 2026

Romania plans to hike taxes on cryptocurrency and stock market gains starting next year, Profit.ro reported. The tax on crypto profits will rise from 10% to 16%, while capital gains on shares will also see steep increases.

For regulated stock transactions, long-term gains will be taxed at 3% instead of 1%, and short-term gains at 6% instead of 3%. Unregulated transfers and gold transactions will also rise to 16%. The new regime takes effect for income generated beginning in 2026.

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