The Blockchain In Daily

A bull market still belongs to builders—ship, verify, iterate.

Prices (USD, inline):
BTC $115,935.00 🟢↑ | ETH $4,720.25 🟢↑ | SOL $242.23 🟢↑ | BNB $938.74 🟢↑ | XRP $3.17 🟢↑ | ADA $0.9458🟢↑ | AVAX $30.45 🟢↑ | DOGE $0.2929 🟢↑ | DOT $4.56 🟢↑

Quick Index ⚡️

🚀 Gemini pops on Nasdaq debut after $425M IPO; Winklevosses talk $1M BTC. (CoinDesk)
🏦 Figure’s IPO values the blockchain lender at ~$7.6B on strong first day. (Reuters)
🪙 Tether unveils “USAT” stablecoin for the U.S. market; taps Bo Hines to lead. (Reuters)
🛡️ “Crypto’s time has come”: SEC Chair outlines on-chain market agenda in Paris. (CoinDesk)
🟣 Solana rallies as Galaxy withdraws $700M+ SOL from exchanges for treasury play. (CoinDesk)
🏠 Christie’s International Real Estate launches U.S. premium crypto division. (Financial Times)

Markets

Gemini (ticker: GEMI) opened above its $28 IPO price and closed up ~14% on day one as the exchange made its public markets debut. The move signals renewed appetite for listed crypto plays after a quiet summer, while management’s long-horizon BTC call fed the risk-on mood into the close. According to CoinDesk, intraday highs topped $45 before settling back, and the deal raised $425 million.

Blockchain lender Figure also rode upbeat sentiment, pricing above range and finishing its first session with a valuation near $7.6 billion. The company leans on its Provenance blockchain to compress mortgage and HELOC workflows—an angle that’s resonating with investors hunting “real revenue” crypto infrastructure. Reuters noted the raise at ~$787.5 million with shares opening well over the offer.

Regulation

In a speech at the OECD in Paris, U.S. SEC Chair Paul Atkins said “crypto’s time has come,” sketching a path to modernize the U.S. securities rulebook for digital assets and expand the agency’s “Project Crypto.” The remarks emphasized on-chain market plumbing, global coordination, and clearer registration lanes—signaling timelines that matter for exchanges, token issuers and brokers. (Coverage via CoinDesk.)

Adoption

Tether announced “USAT,” a U.S.-focused stablecoin product, and named former congressman Bo Hines to spearhead a dedicated division for the American market. The firm framed the move as aligning with the new U.S. stablecoin regime, positioning to compete head-on for domestic payments and settlement share. (As reported by Reuters.)

In real estate, Christie’s International Real Estate Southern California launched the first dedicated U.S. premium crypto property division, aiming to make high-end closings with digital assets both compliant and turnkey. It’s a signal that luxury markets see enough qualified demand to justify specialized teams and workflows—an incremental step toward mainstreamed crypto payments. (Financial Times coverage.)

Tech & Innovation

Shibarium (Shiba Inu’s L2) suffered a flash-loan-enabled exploit in which an attacker amassed governance power via ~4.6M BONE, signed a fraudulent state and siphoned assets from the bridge. The team paused staking/unstaking, shifted funds to a 6-of-9 multisig hardware setup, and opened the door to a negotiated return while forensics continue. For operators, it’s another reminder to harden validator key management, bridge logic and emergency playbooks. (CoinDesk reporting.)

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