Solana Company (HSDT) activated resale rights for private investors on Monday following a $500 million dual-currency funding round. HSDT shares fell 22% intraday as trading volume surged to 4.6 million shares, reflecting market response to increased float.

Mainland Chinese regulators have paused stablecoin initiatives by Ant Group and JD.com in Hong Kong, according to a Financial Times report. The move aligns with Beijing's strict stance against private currency-like digital assets. It underscores efforts to maintain control over monetary policy and financial innovation within state-defined boundaries.

Zeta Network Group has completed a significant $231 million private placement funded through Bitcoin or SolvBTC tokens, positioning this transaction as a strategic move to enhance its balance sheet while embracing Bitcoin's fundamentals.

Two major crypto ETF providers have updated their offerings with staking capabilities and competitive fee structures, signaling a shift beyond simple price exposure in U.S. crypto investment products.