partners

Upbit's parent company Dunamu has signed a strategic partnership with Visa, and the two parties will collaborate on stablecoins and AI-based financial services. At the same time, the two companies are also exploring the integration of Open Standard's OUSD into future business models.This collaboration was announced just two days after Visa reached a partnership with South Korea's Shinhan Bank, also focusing on stablecoins and AI-related fields. Dunamu, as the operator of South Korea's major digital asset trading platform Upbit, aims to promote the application of stablecoins and the layout of intelligent financial products by partnering with the global payment giant.

According to Crunchbase, AI fraud prevention company Socure announced the completion of a $156 million strategic growth round financing, with the company's valuation reaching $5.2 billion. Summit Partners led the investment, with participation from Wells Fargo, Goldman Sachs Alternatives, Docusign, and others. Currently, its fraud prevention services are applied to companies such as cryptocurrency exchange Coinbase, stablecoin issuer Circle, digital bank Revolut, and Robinhood.In addition, the company also announced the acquisition of AI startup Fravity, aiming to leverage AI agents to conduct fraud, risk, and compliance investigations, with the specific acquisition amount not yet disclosed.

NVIDIA (NVDA.O) Chief Financial Officer stated that the company is a neutral partner for all sovereign AI clients and new AI cloud service providers.

According to TechCrunch, AI Agent development company Runable has completed a $21 million Series A funding round, led jointly by usquehanna Venture Capital and Nexus Venture Partners, with participation from Together Fund and Array VC.The AI Agent currently being developed by the company is capable of generating websites, applications, and presentations through natural language, and can also handle foundational tasks such as deployment and data analysis. The new funding will be used to optimize AI inference costs and integrate infrastructure, marketing, and distribution capabilities.

Indian enterprise voice AI startup Ringg announced that it has secured a $10 million investment from Peak XV Partners, as an extension of its Series A funding; the company had previously completed a $5.5 million Series A funding earlier this year, bringing the total funding to $15.5 million.Ringg initially started with text-to-speech technology and has now shifted to providing AI agent services for enterprises, with clients including Cred, Flipkart, Practo, Groww, and PolicyBazaar. Its voice AI has been integrated into approximately 1,200 clinics of Practo for patient appointments and post-visit follow-ups.

According to BBX data, yesterday global digital asset funds, compliant financial infrastructure, and institutional merger and acquisition transactions disclosed the latest official ledgers and capital flows. The core dynamics are as follows:Grayscale Zcash spot ETF officially listed on the NYSE Arca: Grayscale's Grayscale Zcash Trust has officially completed its conversion and is now trading as a spot ETF on the New York Stock Exchange Arca, with the stock code "ZCSH". A Grayscale spokesperson stated that the management fee for this ETF is 2.5%, and all income generated will be reinvested into the Zcash ecosystem to promote and enhance the infrastructure and broader development of this privacy network.tZERO and Sui reach strategic cooperation to connect compliant securities infrastructure in the US stock market: Leading blockchain financial infrastructure platform tZERO announced a strategic partnership with the public chain Sui. tZERO will provide full-process support for regulated digital asset securities trading within the Sui ecosystem, covering asset issuance, transfer agent, asset custody, secondary matching transactions, compliance review, and clearing and settlement, significantly expanding Sui's ability to access US domestic financial infrastructure that meets institutional standards.Crypto custodian Copper receives a $200 million potential acquisition offer, valuation down over 90% from peak: The UK-based veteran crypto custodian Copper, once valued at $2.5 billion, has recently attracted interest from new potential buyers, but the acquisition offers received so far are only about $200 million. This valuation not only has significantly decreased but is also far below the $500 million acquisition intention proposed by Cantor Fitzgerald a few months ago, reflecting the valuation pressure in the institutional custody sector amid the transition between bull and bear markets and regulatory reshuffling.RockawayX plans to raise $150 million for a new liquidity fund: Digital asset investment firm RockawayX, which manages approximately $2 billion in assets, announced that it is currently seeking to raise $150 million for its new "Liquidity Opportunity Fund." Previously, RockawayX successfully completed the full acquisition of the crypto hedge fund Relayer Capital, continuously expanding its layout in the secondary market and liquidity strategies.

Cisco and NVIDIA collaborate to expand secure artificial intelligence factories to embrace the era of rack-scale.

Tushar Jain, co-founder of Multicoin Capital, stated that despite the significant rise in BTC, STRC has not re-pegged due to its low dividend levels. STRC was promoted as a fixed income product but has experienced a significant drawdown of about 30%.Tushar Jain pointed out that if investors need to bear such a level of drawdown risk, the yield of STRC must be significantly increased to provide adequate compensation for the aforementioned risk.

According to businesswire, Bitcoin treasury company BSTR Holdings announced that it has reached an agreement with Cantor Equity Partners to terminate the business combination agreement signed by both parties on July 16, 2025.The reason for termination is that under the current market environment, the valuation of Bitcoin and publicly listed Bitcoin treasury companies continues to be under pressure, leading to a mismatch in the capital market, which restricts the amplifying effect of financing tools such as convertible bonds and perpetual preferred stocks in Bitcoin treasury strategies.BSTR stated that it will continue to promote institutional-level Bitcoin asset management business once the market environment stabilizes.

On August 21, the GATE ZONE fireside chat event took place in the Summer Bay area of Coinfest Asia, where Gate Head of Global Partnerships Jason Fung shared insights on the theme "Predicting the Biggest Market Opportunities." He discussed the competitive landscape of prediction markets, user-created markets, the Builder ecosystem, and future market opportunities. Jason Fung stated that as on-chain prediction markets continue to develop, industry competition will no longer focus solely on liquidity and trading volume. Instead, lowering the barriers to market creation, diversifying market types, and enabling more users to participate in market building will become important directions for the future development of prediction markets.Regarding the recent launch of the event contract Builder by Gate DexBuilder, Jason Fung mentioned that enabling users to create markets independently is an important step towards the openness of prediction markets. By lowering the barriers to creating and launching event markets, users can quickly build markets around popular events and explore more niche themes and potential demands, thereby driving the evolution of prediction markets from a product form dominated by a few platforms to a more open market ecosystem.Jason Fung believes that there are still many opportunities in prediction markets that have not been fully explored, and their application scope is expected to continue extending from popular fields such as politics, sports, crypto, AI, and entertainment. As more developers and entrepreneurs enter this space, the Builder ecosystem, market diversity, and user experience will become important driving forces for industry development, and on-chain event markets are expected to further expand from early user groups to a broader user market.

According to CoinDesk, Ripple announced a partnership with the lending platform Clearpool and the credit management institution Cicada Partners to launch a credit fund aimed at institutions, which will provide working capital loans to fintech and payment companies in the form of the RLUSD stablecoin on the XRP Ledger.Cicada is responsible for borrower screening, loan term setting, and credit risk monitoring; Clearpool is responsible for building and managing the loan pool infrastructure; Ripple participates as a limited partner, contributing funds and enjoying the same terms as other institutional investors.

Web3 asset data platform RootData has established a strategic partnership with Korea's leading cryptocurrency research institution, Tiger Research.According to the agreement, Tiger Research will fully adopt the API data interface provided by RootData to support its various industry research reports, market insights, and project analyses with underlying data. As a comprehensive data platform, RootData possesses a vast amount of project fundamentals, financing history, team backgrounds, and popularity index metrics. This collaboration will enable Tiger Research's research team to efficiently access structured, high-reliability datasets, significantly enhancing research efficiency and data breadth, thus producing more timely and in-depth analytical results.At the same time, RootData's network of data partners has further expanded, marking the validation of its data services in professional research scenarios. Currently, RootData has accumulated over 220 data partners, becoming one of the important structured data providers in the cryptocurrency industry.

Marvell Technology submitted documents to the U.S. SEC disclosing that the company has expanded its custom semiconductor collaboration with Google. The two parties signed a commercial agreement on July 29, covering AI inference accelerators, storage controllers, network interface controllers, memory interface controllers, and near-memory computing products related to the Google TPU ecosystem.As part of the collaboration, Marvell issued warrants to Google, allowing it to purchase up to approximately 58.97 million shares of the company's common stock at a price of $206.58 per share, with a total exercise value of about $12.2 billion. Approximately 1.36 million shares will vest over the first year, while the remaining shares will vest in batches based on Google's future revenue from custom product purchases (one batch for every $500 million in revenue), lasting until the fiscal year 2033, corresponding to a potential cumulative revenue cap of about $120 billion. Following the announcement, Marvell's stock price surged over 11%, while competitor Broadcom's stock price fell. Analysts believe this move strengthens Marvell's position in the custom chip sector for hyperscale cloud vendors.

According to PR Newswire, cryptocurrency institutional broker FalconX announced a $1 billion secured loan financing mechanism in collaboration with the stablecoin protocol Ethena. The two parties will utilize Ethena USDe reserve assets through a special purpose vehicle (SPV) to provide over-collateralized credit services to institutional clients.According to the announcement, this financing mechanism will connect Ethena's on-chain liquid assets with FalconX's institutional lending demand, driving on-chain capital into the traditional credit market. The loan assets will be held by qualified custodians, while FalconX will be responsible for asset origination, loan servicing, and collateral management.Ethena is the developer of the stablecoin protocol USDe. USDe maintains its dollar-pegged stability through crypto asset collateralization and hedging mechanisms, and has already partnered with several centralized exchanges and DeFi protocols. FalconX is a digital asset prime broker aimed at institutional investors, providing trading, financing, and liquidity services.

According to CoinDesk, Visa is seeking new stablecoin settlement and over-the-counter trading partners to replace BVNK, which was previously acquired by Mastercard. The related product request document shows that Visa hopes the partners will have cryptocurrency exchange licenses in the United States, Canada, the United Kingdom, and Singapore, and be able to support various stablecoin exchange and settlement services, including handling settlements for the Open USD stablecoin project driven by Stripe, Visa, and Mastercard.Previously, Visa launched the Visa Stablecoin platform, providing banks, fintech companies, and payment service providers with tools for accessing, storing, redeeming, and transferring stablecoins, initially supporting OUSD.

South Korean enterprise-level AI data infrastructure company GraphAI announced the completion of a $12 million Series A financing round, led by K2 Investment Partners, with participation from A-Ventures and Jiyu Investment, as well as previous participants in the Pre-A round, Quad Ventures, Kiwoom Investment, and We Ventures. To date, the company has raised a total of $14.7 million.GraphAI was founded in 2022 by Professor Min-Soo Kim from the KAIST School of Computing, with the goal of providing next-generation data infrastructure for enterprise AI applications by integrating the capabilities of graph databases, vector databases, and relational databases. Its Akasic platform offers an integrated solution covering enterprise data connectivity, collection, transformation, AI inference, and intelligent agent execution environments.

ChianCatcher news, Ethena announced a partnership with digital asset prime broker FalconX, becoming its institutional lending partner. As part of the collaboration, Ethena will include stablecoin lending arrangements as part of its institutional lending configuration, investing in FalconX through over-collateralization.FalconX can use this to expand its balance sheet, while Ethena benefits from FalconX's expertise in loan origination and secured lending, thus obtaining risk-adjusted terms superior to other channels.

AI code verification startup Blacksmith announced the completion of a $45 million Series B financing, led by Peak XV Partners, with follow-on investments from GV and Y Combinator, bringing the company's valuation to $550 million.