ChainCatcher news, Hong Kong technology company StoneLink has officially signed a strategic cooperation memorandum of understanding (MOU) with Alibaba Cloud International in Singapore. In this collaboration, both parties will engage in in-depth cooperation in several cutting-edge technology fields, including digital technology solutions, artificial intelligence (AI) applications, and cloud infrastructure, to jointly expand their global market presence.It is reported that StoneLink is a comprehensive digital infrastructure and fintech service provider dedicated to offering global enterprises a one-stop digital technology solution that includes cloud services, AI applications, information systems, security compliance, and intelligent operations.StoneLink's partners also include HashKey Group, as well as two other licensed compliant financial platforms by the Hong Kong Securities and Futures Commission (SFC), next-generation AI content generation technology companies, various underlying technology platform enterprises, and leading institutions in the international media entertainment sector.

ChainCatcher news reports that, according to DL News, the two major stablecoin issuers in the cryptocurrency space, Ripple and Circle, have both applied for a national trust bank charter in the United States. If approved, this move will subject them to federal regulation and bring them closer to the core of the U.S. financial system. Obtaining the charter will place both companies under the supervision of the Office of the Comptroller of the Currency (OCC), requiring them to adhere to the same capital, liquidity, and risk standards as traditional banks.Chris Colson, a payments expert at the Atlanta Federal Reserve Bank, stated that this is significant for cryptocurrency, primarily because it indicates that stablecoins are truly entering the financial mainstream. Furthermore, obtaining a banking charter means that these two companies can act as federally regulated custodians, holding stablecoin reserves and potentially accessing the Federal Reserve's real-time payment system. He emphasized that "the actions of Circle and Ripple blur the lines between fintech and traditional banking," posing significant competition to existing banks.

ChainCatcher news, Hong Kong listed company Pioneer Pharma Biotechnology (00399) saw a significant increase in trading volume this morning, with a peak rise of nearly 240%, reaching a maximum price of 0.7 HKD, before retreating to around 0.34 HKD.Previously, the company announced plans to acquire 100% equity of the blockchain project Conflux to expand its presence in the blockchain field, with two founding members of Conflux currently serving as its executive directors.

ChainCatcher news, according to PRNewswire, 1RT Acquisition Corp. announced its intention to raise $150 million through an IPO after submitting an S-1 amendment to the U.S. Securities and Exchange Commission. According to the latest information disclosure, the company is expected to be listed on NASDAQ under the ticker symbol "ONCHU" on July 2 local time in the U.S.It is reported that 1RT Acquisition Corp. plans to merge, consolidate, exchange shares, acquire assets, purchase shares, restructure, or engage in similar business combinations with one or more companies to expand into areas such as cryptocurrency, blockchain, and fintech, including the acquisition of digital assets.

ChainCatcher news, the Hong Kong-listed company Delin Holdings announced that it has signed a memorandum of understanding with the RWA tokenized fintech company Asseto Fintech Limited. The two parties will cooperate to promote the application of compliant digital asset products and services, including stablecoins and decentralized finance (DeFi) integration.The cooperation also includes jointly launching a compliant multi-asset strategy fund, applying for stablecoin-related licenses, and exploring the possibility of tokenized fund shares as a source of stablecoin yield.

ChainCatcher message, Zhao Changpeng posted on platform X: "In addition to the investment from YZiLabs, a few months ago, I also donated $10 million worth of BNB to Vitalik in the form of BNB to support his 'open source' biotechnology project.Recently, I have also made private donations to several other charitable organizations and achieved good results. I will soon share some related outcomes. I am just doing my part. The best way to attract mission-driven talent is to have a strong belief myself. Like-minded people will naturally come together."

ChainCatcher news, according to Crowdfund Insider, Citibank has released two reports, "Investing in the Future" and "Real-Time Financial Systems," indicating that the global infrastructure investment demand will reach $58.6 trillion over the next 15 years. It calls for innovative financing models such as sovereign wealth funds and public-private partnerships (PPP) to fill the gap. The report states that current traditional financing models are constrained by budget deficits and need to attract institutional capital towards long-term yield areas such as renewable energy and digital infrastructure.The concurrently released "Real-Time Financial Systems" report reveals that Citibank's Citi Token Services, built using blockchain technology, has achieved 24/7 cross-border settlement, processing an amount equivalent to Germany's GDP on a daily basis. This solution utilizes smart contracts to optimize supply chain finance and trade settlement processes, with a network covering over 160 countries to provide real-time cash management services for businesses.The report cites Citibank DeFi strategist Alex Saunders, who believes that by 2025, crypto assets will continue to integrate into the mainstream financial system. Citibank emphasizes the need to collaborate with the government to address regulatory complexities and cybersecurity challenges to support the compliant development of real-time financial infrastructure.

ChainCatcher news, public information shows that the two founders of Conflux, Long Fan and Wu Ming, are both executive directors of the Hong Kong-listed company, Pioneer Pharmaceutical Biotechnology.Currently, Pioneer Pharmaceutical Biotechnology has a total market capitalization of HKD 371 million, approximately USD 47.26 million. The total market capitalization of Conflux (CFX) token is USD 393 million, ranking 138th in the cryptocurrency market capitalization list.ChainCatcher previously reported that the Hong Kong-listed company Pioneer Pharmaceutical Biotechnology Limited (00399) announced the signing of a memorandum of understanding, planning to acquire 100% equity of a target company, provided that the target company completes the acquisition of Conflux blockchain-related assets. The acquisition consideration will be paid in cash, company shares, or convertible bonds, with the specific amount to be determined.

ChainCatcher news, according to official sources, fintech startup AllScale has announced the completion of a $1.5 million funding round aimed at accelerating the development of its compliance stablecoin solutions for small and medium-sized enterprises, including invoicing, social e-commerce, and payroll services. This round of financing was participated in by institutions such as DraperDragon, Amber Group, Y2Z Capital, KuCoin Ventures, Oak Grove Ventures, Blockbooster, and Movemaker. AllScale is also a member of the Hong Kong Cyberport Incubation Program.AllScale (allscale.io) focuses on bridging the last mile of enterprise-level stablecoin payments, helping businesses to comply, securely, and easily use stablecoins for collection, sales, payroll, and other needs. Currently, the global stablecoin ecosystem is rapidly developing, with the issuance, payment channels, anti-money laundering, and fund flow processes gradually maturing. However, for enterprises, there are still high learning thresholds, high usage costs, high transaction risks, and difficulties in compliance and financial record-keeping. AIIScale focuses on connecting the underlying service providers for each link, providing a one-stop end-to-end tool for enterprise stablecoin scenarios, significantly reducing the difficulty for traditional small and medium-sized enterprises in using stablecoins.

ChainCatcher news, Hong Kong-listed company Pioneer Pharma Biotechnology Limited (00399) announced the signing of a memorandum of understanding, planning to acquire 100% equity of a target company, provided that the target company completes the acquisition of Conflux blockchain-related assets. The acquisition consideration will be paid in cash, company shares, or convertible bonds, with the specific amount to be determined. The memorandum of understanding is valid for 12 months, during which the seller shall not negotiate with third parties regarding the equity of the target company. This move aims to help Pioneer Pharma expand its blockchain technology business, achieve business diversification, and seek new profit growth points. The transaction is subject to the signing of a formal agreement before it can be finalized.

ChainCatcher news, according to Jin10 data reports, Ant Group's technology arm has opened four self-developed technologies for the Hong Kong market------Layer2 network, large model development tools, "Blockchain + IoT" trusted architecture, and institutional-level Web3 wallet technology, providing full-stack technical services for building a global digital asset innovation center in Hong Kong. Previously, Ant Group's technology arm joined the Hong Kong Monetary Authority's Ensemble sandbox as a core member and announced that its overseas headquarters will be located in Hong Kong.

ChainCatcher news, according to Tonghuashun reports, the secretary of the chairman of the listed technology company Qitian Technology stated in response to the question "Does the company have plans to participate in the application for the first batch of stablecoin licenses in Hong Kong" that "the company currently has no plans to participate in the application for the first batch of stablecoin licenses in Hong Kong."

ChainCatcher news, Saxo Bank analyst Charu Chanana said in a report that as concerns over geopolitical and trade tensions ease, demand for U.S. stocks is rising.She stated that the likelihood of the Federal Reserve cutting interest rates in the coming months is increasing, which is also driving the stock market up. Many sectors are outperforming the market, indicating that this is no longer just a story about tech stocks. The S&P 500 index has risen over 4% in June.

ChainCatcher news, the Hong Kong-listed company Yisou Technology opened high in the morning, once reaching a high of 7 HKD, currently reported at 5.88 HKD, with an increase of 68.97%.The Hong Kong Stock Exchange announced that the company has signed a 10-year framework cooperation agreement with a Hong Kong technology company to collaborate on projects such as real-world asset (RWA) tokenization products and other digital assets. It is reported that the cooperating technology company is one of the suppliers of Huawei Cloud solutions. In addition, Yisou Technology has also signed a letter of intent with the partner to invest no more than 3 billion HKD to seek acquisition targets for building data centers.

ChainCatcher news, Vietnam is actively promoting the establishment of a centralized cryptocurrency exchange (CEX) under national regulation. In March 2025, a national seminar will be held in Hanoi, where the Ministry of Finance, the State Bank, the Ministry of Public Security, blockchain experts, and the Vietnam Blockchain Association (VBA) will jointly discuss the "Sandbox Mechanism Resolution Draft," which is expected to be released in early April, paving the way for the trial operation of the exchange.Techcom Securities (TCBS) has proposed a pilot project for trading tokenized securities on the trading platform. Its parent company, Techcombank, has stated that it will actively participate in the platform's technology development and is prepared for deployment after regulatory implementation.According to the plan, the "Cryptocurrency Sandbox Mechanism Draft" along with the "Digital Technology Law" and the "International Financial Center Law" will be submitted to the Vietnamese National Assembly for review in May. Among them, the "Digital Technology Law" was passed by the National Assembly at the end of June and will officially take effect on January 1, 2026, clearly defining the legal status of "cryptocurrency" and "tokenized assets" for the first time.Currently, TCBS has launched a cryptocurrency market section on its online securities platform, allowing investors to view real-time price trends of over 100 mainstream cryptocurrencies, including BTC, ETH, XRP, BNB, and DOGE, marking the accelerated integration and development of Vietnam's fintech infrastructure.