BTC $62,749.29 -3.17%
ETH $1,824.60 -5.09%
BNB $567.57 -2.67%
XRP $1.08 -2.95%
SOL $74.45 -3.76%
TRX $0.3217 -0.67%
DOGE $0.0714 -3.51%
ADA $0.1584 -3.53%
BCH $222.50 -0.58%
LINK $8.18 -3.99%
HYPE $59.32 -10.99%
AAVE $90.59 -5.79%
SUI $0.7322 -3.19%
XLM $0.1829 -2.91%
ZEC $534.46 -6.14%
BTC $62,749.29 -3.17%
ETH $1,824.60 -5.09%
BNB $567.57 -2.67%
XRP $1.08 -2.95%
SOL $74.45 -3.76%
TRX $0.3217 -0.67%
DOGE $0.0714 -3.51%
ADA $0.1584 -3.53%
BCH $222.50 -0.58%
LINK $8.18 -3.99%
HYPE $59.32 -10.99%
AAVE $90.59 -5.79%
SUI $0.7322 -3.19%
XLM $0.1829 -2.91%
ZEC $534.46 -6.14%

fun

All
Article
Flash

ORANGE JUICE raises $40 million to build a Bitcoin treasury, while South Korea's KB Financial Group establishes a 100 billion won fund for cryptocurrency and AI

According to BBX data, yesterday global traditional capital and financial consortiums intensively disclosed their latest strategies in digital asset treasury construction and Web3 ecosystem investment, with the core dynamics as follows:ORANGE JUICE launches a "real industry blood generation + coin hoarding" dual-wheel strategy: American capital company ORANGE JUICE officially announced the completion of a $40 million financing. The raised funds will be used to establish a holding company that integrates "long-term ownership, operational optimization, and Bitcoin reserves." The company plans to initially acquire stable and profitable American domestic enterprises with annual cash flows between $1 million and $10 million, and clearly stated that the business cash flows generated from these industries will be continuously reinvested for acquisitions or directly supplement its Bitcoin treasury.South Korea's KB Financial Group establishes a 100 billion won cryptocurrency special fund: South Korea's top financial giant KB Financial Group (KRX: 105560) announced the establishment of an AI and digital asset fund with a scale of 100 billion won (approximately $67.29 million). The fund is jointly funded by KB Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, and KB Life under the group, and managed by KB Investment, focusing on investments in early-stage South Korean cryptocurrency companies, AI models, data reasoning, and on-chain analysis and other underlying technology companies.

first_img Tiger Research: In the first half of 2026, cryptocurrency financing reached 13.3 billion USD, with the number of funding rounds down 78% from the peak in 2022

According to Tiger Research and RootData based on research of 9,416 investment transaction data from the first half of 2018 to 2026, the capital inflow in the cryptocurrency market reached $13.3 billion in the first half of 2026, which is basically on par with the total of $13.2 billion for the entire year of 2024. However, the number of financing rounds was only 435, a decrease of 78% from the peak of 1,978 rounds in 2022, indicating that market funds are accelerating towards a few large transactions.The report points out that the current cryptocurrency investment market is dominated by a few large crypto-native VCs focused on leading investments, as well as venture capital departments of exchanges with liquidity and marketing support, while medium-sized institutions are being rapidly squeezed out. In terms of financing structure, the number of seed round transactions decreased by 88% from 2022 to 81, while financing in Series A and later stages accounted for 75.2% of total investments, with Series A financing amounting to $745.8 million, exceeding the total amount of all seed round financing of $423.3 million during the same period.In terms of sectors, payments and stablecoins, centralized exchanges, and prediction markets have become the most concentrated areas of capital. The payments and stablecoins sector attracted $2.85 billion in funding in the first half of 2026, but about 84% of this was driven by mergers and acquisitions such as Mastercard's acquisition of BVNK and Payward's acquisition of Reap; the investment share in the CEX sector rose to 18.2%, while prediction markets rose to 17.5%. In contrast, the number of financing rounds in the gaming sector plummeted from 141 rounds in 2024 to only 5 rounds, a decrease of 96%. Additionally, traditional financial institutions participated in 54.5% of all investment transactions in the first half of 2026.It is reported that Tiger Research is an independent research institution established in 2022, covering the Asian digital asset market, with business operations in South Korea, Japan, China, and Indonesia, publishing institutional-level research content in five languages, with over 100,000 monthly readers and more than 200 institutional clients.

Circle had previously banned accounts of crypto funds supported by Tether, but later received an arbitration ruling in support

According to the Financial Times, based on the latest publicly available court documents, the stablecoin issuer Circle had banned the crypto fund Heka Funds, supported by Tether, at the end of 2023 due to suspicions that it was manipulating the market through large-scale arbitrage operations and helping Tether expand its market share. The documents show that during the Silicon Valley Bank (SVB) crisis in 2023, USDC briefly fell below the $1 peg. Heka continuously bought discounted USDC in large quantities and redeemed it for cash from Circle. Circle believed that Heka's redemption scale far exceeded that of other market participants and suspected that the related funds ultimately flowed to Tether to help expand its USDT market size.Arbitration documents also revealed that Tether had invested about $800 million in Heka, accounting for about 75% of the fund's assets, and waived the stablecoin minting fees. The arbitrator found that Heka did not truthfully disclose its supportive relationship with Tether and was aware that the related information would raise concerns for Circle. In 2024, Heka initiated arbitration due to its account being frozen, claiming approximately $49 million in lost profits. In February of this year, the arbitrator dismissed all of Heka's claims, determining that it had engaged in malicious behavior and ordered it to pay Circle about $166,000 in attorney and expert fees. Heka denied any market manipulation and stated that it had never been subject to regulatory investigation; Circle declined to comment, and Tether did not respond to media requests for comment.
app_icon
ChainCatcher Building the Web3 world with innovations.