According to reports, a listed company recently completed a targeted placement of approximately $67.3 million and used the net proceeds to purchase about 19,683 Ether. After this transaction, the company's total holdings of Ether have reached approximately 120,306.
The target of this directed issuance is institutional investors, demonstrating the company's confidence in the future development prospects of Ethereum. By increasing its holdings of a large amount of Ethereum, the company seems to be actively positioning itself in the cryptocurrency market, especially optimistic about the long-term value of Ethereum.
This move may reflect that some listed companies are starting to view cryptocurrencies as an asset allocation option. As the cryptocurrency market continues to evolve and mature, more traditional financial institutions and publicly listed companies may consider investing a portion of their funds into this emerging field.
However, investors should also be aware of the high volatility and potential risks of the cryptocurrency market. The company's large-scale accumulation of Ethereum indicates a commitment to it.

Web3 Investment New Paradigm: Opportunities and Challenges of Incubation Investment
Recently, there has been a significant shift in the Web3 investment sector. With Du Jun announcing the suspension of the ABCDE fund and the launch of a new incubation brand, Vernal, we are witnessing a move from traditional primary investments to incubation businesses. This change not only reflects adjustments in individual investment strategies but also signals a major transformation in the entire Web3 investment model.
In the past few years, the model of venture capital in cryptocurrency was relatively simple: invest in projects, wait for them to go live, and exit for profit. However, in the current market environment, exit channels are blocked and valuation systems have collapsed, leading many investment institutions to realize that merely acting as financial investors may not be sustainable. As a result, some capital has begun to adopt new strategies, no longer simply betting on project growth, but rather directly participating in them, integrating resources, capabilities, and networks to help projects develop from scratch.
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XAUt Rises Rapidly: New Opportunities for Gold Stablecoins
The global economic turmoil caused by the COVID-19 pandemic has provided a rapid growth opportunity for Tether's gold stablecoin XAUt. Since its launch at the end of January this year, XAUt's market capitalization has risen to approximately 86 million USD, with a daily trading volume exceeding 110,000 USD, and it is currently listed on 5 trading platforms.
Each XAUt corresponds to one ounce of physical gold. The increasing demand for hedging against risks has driven the growth of XAUt. Investors can conveniently gain exposure to gold through XAUt without paying custody fees and can redeem it for physical gold. XAUt also offers high divisibility and the advantage of 24-hour trading.
Currently, XAUt trading is mainly concentrated on three platforms: Delta Ex, FTX, and Bitfinex, primarily focusing on derivatives. Several exchanges plan to launch more XAUt-related products, such as perpetual contracts and futures.

[Chain News] On July 19, it was reported that World Liberty Financial announced that its governance token WLFI would begin trading within six to eight weeks starting from July 18, thereby completing community authorization for on-chain transfers and Secondary Market access. According to the announcement, the team will use this time to finalize "strategic adjustments", such as listing on exchanges and phased unlocking plans, aimed at expanding participant engagement.
On July 17, it was reported that the "WLFI Token Transfer Proposal" has been voted through.

Hong Kong's Web3 innovation leads a new chapter in global finance
On the occasion of the 28th anniversary of Hong Kong's return, an event focused on Hong Kong Web3 and global financial innovation practices was successfully held. The event, themed "Pearl of the Orient: The Future of Digital Chains: Empowering Global Finance with New Dimensions of Hong Kong Web3," brought together industry experts to discuss the opportunities and challenges of bringing real-world assets (RWA) on-chain.
RWA promotes the digital transformation of finance in Hong Kong
The Chief Strategy Officer of a trading platform analyzes from a macro perspective, pointing out that the implementation of stablecoin regulations in the United States and Hong Kong has triggered a wave of traditional finance and Chinese brokerage firms entering the virtual asset space, reflecting the trend of compliance and institutionalization of virtual assets. The United States is strategically positioned as "on-chain digital colonialism," reinforcing the dollar's hegemony through the distribution of stablecoins and U.S. Treasury bonds; Hong Kong is positioned as "on-chain trade port," leveraging the advantages of the "one country, two systems" to serve as a window for attracting foreign investment into mainland assets, exploring non-U.S. dollar clearing and settlement solutions. Stablecoins and R

The Arbitrum community decided to launch a long-term incentive pilot program through voting, allocating 45.815 million ARB for ecological incentives. Of this, 45 million is for project incentives, and 815,000 is for subsidizing participating individuals. This program has been improved based on the previous short-term incentive plan, aiming to attract high-quality projects and users, and promote ecological development.

According to 【币界】 news, as the dominance of Bitcoin (BTC.D) rises, funds are flowing out of alts, and the altcoin season that the market originally anticipated may be temporarily shelved.

On July 19, according to data platform monitoring, yesterday REX-Osprey SOL Spot ETF had a net inflow of 11.4 million USD, with a total net inflow of 92.8 million USD.