foresight

The Block announced the appointment of senior media and technology executive Steve Chung as CEO to drive the company's institutional expansion. At the same time, Foresight Ventures committed to an additional $10 million investment to support its next phase of development.Former CEO Larry Cermak will continue to serve as president, focusing on research and product operations. Steve Chung's career began at Goldman Sachs, where he served as Chief Growth Officer at Fox Corporation, Chief Digital Officer at Fox Television, CEO of CJ ENM America, and Chief Operating Officer at Azuki. He stated that he will leverage AI to enhance the depth, speed, and practicality of insights, transforming The Block into a global platform for digital asset investors and decision-makers.Foresight Ventures partner Zac Tsui stated that Steve's background in capital markets, media, and the crypto industry makes him the ideal leader to guide the company in becoming a global institutional platform.

ChainCatcher news, according to The Block, the crypto venture capital firm Foresight Ventures has officially launched a $50 million stablecoin infrastructure fund. It is said to be the industry's first specialized fund focused on the entire stablecoin value chain.The fund's investment scope will cover the upstream and downstream ecosystems of stablecoins, including stablecoin issuance, trading, compliance deposit and withdrawal channels, payment public chains, as well as innovative applications in cross-fields such as stablecoins and real-world assets (RWA), artificial intelligence (AI), and on-chain foreign exchange.

ChainCatcher news, according to Caizhong News, Yuanguang Software (002063) held an online investor relations event on July 14, 2025, to introduce the company's layout and development in the blockchain business. Since 2015, Yuanguang Software has begun to build blockchain-related capabilities, forming a product system centered on its self-developed "Blockchain Enterprise Application Service Platform."In terms of technology, Yuanguang Software has launched multiple products and solutions based on blockchain technology, including supply chain finance and electronic documents, which have been successfully applied in several power companies, accumulating industry experience. In addition, the Electric Benefit Chain and Financial Intelligence Chain projects participated by the company have won national management science awards, while the Livelihood Chain project won the second prize in the blockchain track of the Digital China Innovation Competition.In the future, Yuanguang Software plans to continue increasing its investment in blockchain business, focusing on industry and policy trends to enhance technological innovation and ecological collaboration capabilities. In the first quarter of 2025, the company achieved revenue of 417 million yuan and a net profit attributable to the parent company of 9.39 million yuan.

ChainCatcher news, according to People's Financial News, the listed company YuanGuang Software (stock code: 002063) stated on the interactive platform that the company's blockchain business has built a mature and stable platform technology system, and has accumulated rich practical results in scenarios and applications. The company's blockchain technology can be applied in the RWA field, providing reliable technical support in asset confirmation, circulation, traceability, and other aspects, but currently does not involve RWA business.

ChainCatcher news, according to official Morph news, the on-chain AI proxy fund bAI Fund has received a $1 million investment from Morph and Foresight Ventures.It is reported that bAI Fund is an on-chain proxy fund operating in a Trusted Execution Environment (TEE), integrating quantitative trading, investment, and marketing to create a diversified AI proxy ecosystem. The fund helps creators independently issue AI proxy tokens and promotes decentralized governance.

ChainCatcher news, the distributed intelligent component protocol Endless Web3 has announced the completion of a $110 million financing round. The main investors in this round include several institutions and well-known investors, led by Foresight Ventures.The financing is planned to accelerate the development of Endless's component-based development platform, AI Agent toolchain and ecosystem construction, as well as key aspects of project product research and development, ecosystem development support, long-term development reserves, market and strategic cooperation, etc., promoting Endless to become a super connector from Web2 to Web3, and between AI and Web3.Endless is a distributed intelligent component protocol aimed at lowering the threshold for Web2 applications to transition to Web3, providing developers with a one-stop Web3 application development platform, and offering users a Web2-level experience. Endless is built on a public chain that supports the Move language and integrates various AI large model capabilities and plugins, dedicated to becoming the best connector between AI and Crypto, allowing developers to build Crypto AI applications more simply and quickly.

ChainCatcher news, Foresight Ventures has established a strategic office in New York at One World Trade Center, located on the 77th floor of the skyscraper.Alice Li, Head of North America and Investment Partner at Foresight Ventures, stated: "We are optimistic about the future of cryptocurrency in the U.S., especially as we expect the regulatory framework to become clearer, and a large number of developers to return to the region. This office is a tangible step towards empowering the next wave of innovators and shaping the future of the industry."

ChainCatcher news, Web3 wallet Bitget Wallet announced a partnership with Foresight Ventures to launch a Telegram mini-program support program, establishing a $20 million fund aimed at supporting innovative projects and tool development within the Telegram ecosystem, accelerating the development of the Telegram ecosystem. The program will focus on three areas: user guidance and education tool development, financial and security infrastructure construction, and the expansion of the mini-program ecosystem. Selected projects will receive comprehensive support, including technical guidance, operational support, and marketing resources, while also having the opportunity to gain listing support from Bitget Exchange and further investment from Foresight Ventures.As the first Web3 wallet to fully support and deeply engage with the Telegram/TON ecosystem, Bitget Wallet's recently launched Lite version of the multi-chain wallet for Telegram has surpassed 8 million users within two weeks. Additionally, its self-developed cross-chain development kit OmniConnect will assist Telegram mini-program projects in achieving multi-chain integration.

ChainCatcher news, the decentralized exchange BulbaSwap announced the completion of a $1.3 million seed round financing, led by Foresight Ventures, with participation from Morph Foundation, MEXC Ventures, and Kronos Research.According to RootData, BulbaSwap is a decentralized trading aggregator based on Morph, supported by a multi-source liquidity providing search engine that helps users find the best trading rates.BulbaSwap will launch a consumer-facing Telegram Bot, enabling users to achieve seamless cross-chain and trading mining functionalities on Telegram.

ChainCatcher news, according to The Block, Foresight Ventures announced a multi-million dollar strategic investment in the Layer1 blockchain Aptos.The funds will be used to accelerate product development, enhance liquidity, and support the development of Aptos' scalable and upgradeable Layer1 blockchain infrastructure.

ChainCatcher news, according to The Block, TON has received a $30 million strategic investment, with participation from Bitget and Foresight Ventures. This investment aims to strengthen the development of Telegram-based projects, focusing on click-to-earn games like Hamster Kombat and Notcoin. Bitget and Foresight stated that with this new investment, they plan to "engage more deeply in TON blockchain governance and future development plans." A statement said, "This investment will be allocated through the acquisition of TON tokens."

ChainCatcher news, Bitget and Foresight Ventures announced a strategic investment of $30 million in the TON blockchain. This investment aims to strengthen the development of Telegram-based projects, focusing on click-to-earn games like Hamster Kombat and Notcoin.Bitget and Foresight stated that with this new investment, they plan to "engage more deeply in the governance and future development plans of the TON blockchain." The statement said: "This investment will be allocated through the acquisition of TON tokens."

ChainCatcher news, according to Cointelegraph, Bitget announced a partnership with Foresight Ventures to establish a $20 million TON ecosystem fund aimed at supporting early projects based on the Open Network (TON) and promoting innovation and development within the TON ecosystem.The establishment of the TON ecosystem fund by Bitget is another significant initiative following the launch of the Telegram Signal Bot in May. The Bitget Wallet, as an on-chain extension of the Bitget ecosystem, has completed integration with the TON mainnet and has also added support for TON Connect, allowing users to connect to TON-related DApps. Additionally, Bitget Wallet has launched a Tap2Earn section, gathering various Tap2Earn projects within the TON ecosystem.According to Delphi Digital, the growth of the TON ecosystem is attributed to Telegram's massive user base of 900 million, which has led to the number of daily active addresses on TON surpassing that of Ethereum. As per Tether's official transparency page, the authorized issuance of USDT on the TON blockchain has grown to approximately $580 million, making it the sixth-largest public chain for USDT issuance after TRON, Ethereum, Solana, Avalanche, and Omni.