BTC $78,734.73 -0.56%
ETH $2,499.86 +0.25%
BNB $753.49 +1.82%
XRP $1.44 +3.05%
SOL $104.26 +0.35%
TRX $0.3389 +1.52%
DOGE $0.0906 +0.80%
ADA $0.2252 +2.11%
BCH $258.12 -0.90%
LINK $12.71 -0.69%
HYPE $84.36 -0.91%
AAVE $130.13 -1.56%
SUI $0.8240 +0.37%
XLM $0.1902 +0.01%
ZEC $1,180.84 +1.87%
BTC $78,734.73 -0.56%
ETH $2,499.86 +0.25%
BNB $753.49 +1.82%
XRP $1.44 +3.05%
SOL $104.26 +0.35%
TRX $0.3389 +1.52%
DOGE $0.0906 +0.80%
ADA $0.2252 +2.11%
BCH $258.12 -0.90%
LINK $12.71 -0.69%
HYPE $84.36 -0.91%
AAVE $130.13 -1.56%
SUI $0.8240 +0.37%
XLM $0.1902 +0.01%
ZEC $1,180.84 +1.87%

bal

All
Article
Flash

Data: YZi Labs ranked as the second largest active family office globally in August, participating in 10 financing rounds with a total scale of 42.1 million USD

According to the disclosure by Family Office New Intelligence, data service provider FINTRX tracking shows that in August, family offices participated in a total of 109 transactions, with the total disclosed financing amount reaching 16.9 billion USD. Among these, follow-on financing rounds, where family offices continued to invest in companies they already hold, accounted for 27% of the transaction count. This indicates that, compared to continuing to invest in existing projects, family offices are more active in seeking and investing in new projects. The most active institution in August was a16z Perennial.a16z Perennial was established in 2022 and is a joint family office under the venture capital firm Andreessen Horowitz, providing wealth management and investment services for its core partners Marc Andreessen and Ben Horowitz, as well as the entrepreneurs they support. As of the end of 2025, a16z Perennial manages approximately 2.74 billion USD in regulated assets. In August, a16z Perennial participated in a total of 17 transactions, ranking first; the total disclosed scale of the related financing rounds reached approximately 10.45 billion USD.Ranking second is YZi Labs, founded by Binance founder Changpeng Zhao. YZi Labs manages over 10 billion USD in assets globally, with investment coverage including Web3, artificial intelligence, and healthcare, and invests in startups at various stages of development. In August, YZi Labs participated in 10 transactions, second only to a16z Perennial; however, the total scale of the financing rounds involved in these transactions was 42.1 million USD, largely appearing in large financing rounds of several hundred million or even several billion USD.It should be noted that the amounts mentioned above refer to the total financing scale of all investors in the related financing rounds, rather than the actual investment amount of the family offices themselves. Due to the strong privacy of family office investments, it is usually difficult to obtain the specific investment amount of a single family office in each transaction.

Uniswap founder Hayden: Correlated trading pairs will drive AMM into the global financial market

Uniswap founder Hayden posted on the X platform, stating that correlated trading pairs are forming. The top five tokenized SPY trading pairs by trading volume serve as "bridge" trading pairs connecting other common underlying trading pairs, primarily linking to tokenized stocks with higher correlations. This type of market is characterized by globalization, programmability, low costs, and 24/7 operation.Hayden stated that he has been working on the forefront of DeFi for 9 years and believes that AMM has enormous potential. After years of evolution and development, the path for AMM to achieve global dominance is becoming increasingly clear. Tokenization has changed the existence of markets, market makers, and the objects of market trading. Since its launch, Uniswap has been operating autonomously, with a cumulative trading volume exceeding $4.6 trillion, and has increased the share of spot trading volume on decentralized exchanges from less than 1% to over 20%.As AMMs like Uniswap continue to evolve, their liquidity has formed a pattern that most financial markets have yet to notice: correlated trading pairs. AMMs have found a product-market fit in long-tail markets, as most assets previously could not attract the attention of professional market makers. DeFi and AMM have lowered the barriers to market making, opening the market to more participants. Liquidity will concentrate in the places with the lowest risk, rather than being forced to remain in places constrained by traditional infrastructure.

first_img Bybit appointed Sean Ballard as the head of derivatives and institutional business

Cryptocurrency exchange Bybit announced the appointment of Sean Ballard as the Head of Derivatives and Institutional Business. Ballard will play a key role in strengthening trading infrastructure, risk frameworks, and institutional capabilities, with responsibilities covering trading risk and exchange technology.Ballard has over 25 years of experience in global financial markets, encompassing derivatives, high-frequency trading, trading risk, market structure, and exchange technology. Before joining Bybit, he worked at Jump Trading, where he led the company's high-frequency futures trading operations in the United States, Europe, the Middle East, Africa, and Latin America, managing portfolios and collaborating with global exchanges and regulators on market structure, trading performance, and infrastructure. During his time at Jump Trading, he also served as a senior trader on the Jump Crypto team, managing centralized exchange trading and driving strategic partnerships related to ecosystem growth.At Bybit, Ballard will enhance the institutional trading experience through market infrastructure, risk management, and product development. Bybit Institutional has introduced professional services such as bank tripartite arrangements over the past year, allowing institutions to manage counterparty risk through regulated custody while retaining full trading authority; the market maker gateway has reduced latency for high-frequency and quantitative clients from 4 milliseconds to 1.5 milliseconds. Starting July 2026, Finloop's AAA-rated USD money market fund FUIDL will be available as trading collateral on Bybit.
app_icon
ChainCatcher Building the Web3 world with innovations.