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ETH $1,898.76 -4.71%
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XRP $1.22 -4.99%
SOL $75.51 -6.07%
TRX $0.3351 -2.50%
DOGE $0.0941 -5.73%
ADA $0.2165 -5.57%
BCH $281.55 -2.80%
LINK $8.52 -5.09%
HYPE $68.92 -5.48%
AAVE $74.78 -6.06%
SUI $0.8252 -4.99%
XLM $0.2203 -10.00%
ZEC $612.13 +11.83%

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The robot AI data platform Mecka AI has completed a $60 million financing round, led by Framework Ventures

According to Fortune, the startup Mecka AI, which focuses on training data for robotic AI, announced the completion of a total financing of $60,000,000, including a $25,000,000 Series A round completed last November and a subsequent $35,000,000 follow-on financing. Both rounds were led by Framework Ventures, with participation from institutions such as Menlo Ventures, SV Angel, and Kindred Ventures.Mecka AI primarily collects human motion data through body sensors, iPhones, and custom hardware, including physical behavior data such as gestures and gait, to train robotic AI models.The company's founder and CEO, Josh Gao, stated that its core philosophy is to train robots using human behavior data rather than traditional teleoperation data, thereby enhancing the general capabilities of robots in the real world.It was introduced that Mecka AI was established in 2025 and currently has about 40 employees. The company claims that based on signed contracts, its annual recurring revenue (ARR Run Rate) is expected to reach $100,000,000, but it has not disclosed a specific client list.Vance Spencer, co-founder of Framework Ventures, stated that Mecka AI is one of the fastest-growing companies in the institution's portfolio.In the future, Mecka AI plans not only to provide training data but also to directly participate in the training and deployment of robotic models, promoting the commercialization of robots in real-world scenarios.

Ripple plans to initiate a $1 billion XRP treasury program

According to CoinDesk, Ripple is leading a financing plan of at least $1 billion, intending to establish a publicly traded treasury company focused on holding XRP through a special purpose acquisition company (SPAC).The report states that this entity will use the raised funds to continuously increase its holdings of XRP, and Ripple is also expected to inject some of its own XRP holdings into the treasury. The terms of the related transaction are still under discussion, and the final plan may be adjusted.If successfully implemented, this will become the largest known XRP treasury plan to date. Market analysts believe that this move will test institutional investors' acceptance of the XRP treasury model and whether the digital asset treasury company model can expand from Bitcoin to other mainstream crypto assets.Currently, the market capitalization of XRP is approximately $138 billion, making it one of the top-ranking crypto assets globally. Since the beginning of this year, XRP has seen a cumulative increase of about 13%.It is worth noting that as the crypto market has recently experienced increased volatility, the stock prices of some digital asset treasury companies have come under pressure, and the market has begun to pay attention to whether similar models are facing demand saturation. However, if this plan is ultimately implemented, it may bring a new source of institutional buying for XRP and further strengthen its narrative in the capital markets.

first_img Aave Labs has released an ARFC proposal aimed at establishing a unified standardized framework for the listing of technical assets

Aave Labs has released an ARFC proposal, suggesting the establishment of a standardized technical asset listing framework for Aave V3, V4, and Aave Horizon, setting unified technical requirements for asset listing, parameter expansion, and ongoing monitoring. The framework covers core areas such as ERC20 compatibility, oracles, permission control, minting and burning logic, pause and blacklist mechanisms, upgradability, exchange rates and yield mechanisms, token architecture, cross-chain bridge risks, audit and security history, and external dependencies. This framework does not replace market risk analysis and governance judgment but provides a technical qualification baseline.The framework aims to address "hidden risks" such as unlimited issuance, weak upgrade permissions, inconsistent bridging supply, opaque redemption paths, and reliance on off-chain custody. These issues may directly threaten the protocol's solvency, liquidation systems, and collateral parameter security. The framework particularly emphasizes additional scrutiny for cross-chain assets, yield-bearing assets, and off-chain dependent assets such as RWAs, including bridge structures, off-chain legal arrangements, custody mechanisms, and supply integrity. Assets with significant technical flaws may face reduced borrowing limits, restricted collateral parameters, delayed launches, or even recommendations to deny access to the protocol in the future.

LI.FI launches a full-stack execution engine LI.FI Intents based on an open intent framework

The cross-chain liquidity aggregation protocol LI.FI announced the launch of LI.FI Intents, a modular full-stack execution engine that competes for order execution through a network of specialized solvers, built on the reference contract of the Open Intents Framework.The Open Intents Framework is a public goods initiative led by the Ethereum Foundation, with contributions from over 30 teams including LI.FI, OpenZeppelin, Wonderland, Uniswap Labs, Hyperlane, and others. LI.FI Intents is a large-scale implementation of OIF in a production environment, providing stablecoin payments, access to real-world assets, and compliant on-chain liquidity for enterprises.LI.FI stated that historically, the intent stack has been too rigid, forcing all applications to adopt a single execution model. Teams had to build from scratch to solve multiple issues such as order expression, solver networks, cross-chain settlement, and fill validation. OIF empowers teams with the freedom to choose and customize through modular components, reducing the time to build intent applications from months to days.The Ethereum Foundation commented, "The Open Intents Framework is designed as a shared infrastructure for intents, a modular and open framework for the ecosystem to collaboratively build intent applications. This framework takes the next step: achieving large-scale adoption."
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