prime

According to Arkham monitoring, in the past 2 hours, Grayscale has deposited a total of 8,697 ETH into Coinbase Prime, worth approximately 13.77 million USD.

According to BBX data, yesterday institutional funds showed a divergence in their perception of the bottom for Bitcoin, with the core dynamics as follows:BlackRock, Inc. (NYSE: $BLK) yesterday, related entities under the company deposited 2,700 BTC (approximately $169 million) and 52,956 ETH (approximately $88.17 million) into Coinbase Prime institutional custody accounts, totaling about $257 million; reports also indicated "possible additional deposits." This deposit occurred against the backdrop of BTC approaching the key technical support level of $59,000, leading to divergent market interpretations: the optimistic interpretation believes that BlackRock is actively accumulating at the extremely low fear index of 18, signaling institutional-level bottom investment; the cautious interpretation suggests this could be passive rebalancing due to IBIT redemptions or internal asset rebalancing, and does not necessarily represent new buying. Regardless of the intent, the scale of $257 million accounts for about 0.5% of IBIT's current approximately $48 billion to $50 billion AUM, which is relatively small, but as a signal of institutional behavior in an extremely fearful market environment, it holds significant emotional reference value.Hyperscale Data Inc (NYSE: $GPUS) recently disclosed its balance sheet showing that the company holds a total of approximately $94.8 million in cash, restricted cash, Bitcoin, and silver, equivalent to 100.42% of the company's total market value of common stock—meaning the physical assets held by the company fully cover the current total market value. The company holds a 10-year, $1.2 billion AI computing power master service agreement (MSA), providing 20 megawatts of AI computing capacity for its Michigan facility, allowing for the continuous accumulation of Bitcoin and precious metals through cash flow from this contract without incurring debt. This business model—locking in cash flow with AI computing contracts and continuously accumulating hard assets with zero leverage—has been referred to by analysts as "the de-leveraged digital asset reserve model against the Strategy," providing a stark contrast in the current market context where Strategy leverage models are under pressure.

According to BBX data, yesterday two leading publicly listed companies in the cryptocurrency sector completed key historical matters and strategic upgrades. The core updates are as follows:Hut 8 Corp. (Nasdaq: $HUT) officially disclosed on June 23 that the company agreed to pay investors $2.35 million in cash to settle a securities class action lawsuit arising from the merger with U.S. Bitcoin Corp (USBTC) in 2023. The case is being handled by the U.S. District Court for the Southern District of New York, with the plaintiffs being investors who held Hut 8 securities from February 13, 2023, to January 18, 2024. The core allegation is that the company significantly omitted disclosures regarding infrastructure issues at its King Mountain Texas Bitcoin mine (including energy limitations and network connectivity failures) during the merger process, constituting substantial misrepresentation to investors. The trigger for this case was a report released by short-selling firm J Capital Research on January 18, 2024, which questioned the company, leading to a single-day drop of over 23% in Hut 8's stock price. The $2.35 million settlement amount represents approximately 19.6% of the plaintiffs' estimated maximum recoverable damages of $12.08 million, exceeding the historical median settlement ratio for similar cases involving only Securities Act claims; the settlement is still subject to final court approval, and Hut 8 denies any wrongdoing or legal liability. This settlement eliminates the last significant historical legal uncertainty in the company's AI/HPC data center transformation narrative, allowing the valuation logic for the timely delivery of its River Bend ($7 billion contract) and Beacon Point ($9.8 billion contract) dual campuses within the year to unfold against a cleaner balance sheet backdrop.Galaxy Digital Inc. (Nasdaq: $GLXY) announced on June 23 a strategic investment in Digital Prime Technologies (a securities lending technology platform), with specific financial terms not disclosed. This investment builds on Galaxy's existing role as a participant in the Tokenet platform—Tokenet is developed in collaboration between Digital Prime Technologies and institutional securities lending infrastructure provider EquiLend, set to officially launch in May 2026, aiming to bring mature workflows, risk control mechanisms, and full lifecycle management systems from the institutional securities lending sector into the digital asset lending market. By upgrading from a platform participant to an equity investor, Galaxy directly ties the operation of the Tokenet platform to its own institutional lending and trading business, forming a triple synergy of "product + balance sheet + equity." This move is highly consistent with Galaxy's overall business strategy: based on the stable cash flow foundation provided by the CoreWeave 15-year AI data center lease (Phase 1 133MW delivered in April), it aims to deepen its institutional digital asset lending infrastructure layout, further reducing reliance on the single Beta of Bitcoin prices—on the same day, Galaxy was also listed in institutional research reports as one of the few cryptocurrency concept stocks capable of maintaining business resilience during Bitcoin price downturns, with its diversified layout seen as a core reason for being relatively decoupled from pure BTC price exposure.

According to monitoring by Catcher Predict, in the "Leadership Change Before 2027" event on the prediction market Polymarket, the "Yes" option for the sub-market "Starmer - Prime Minister of the UK" has experienced significant fluctuations, rising from 28.5% an hour ago to the current 43.5% (a fluctuation of 15%). Please note the impact of relevant breaking news.

Bitget released its transparency report for May 2026. The data shows that the total asset scale of its IPO Prime product line has surpassed $110.8 million. Among them, the preSPAX linked to SpaceX is valued at $85.8 million, and the preOPAI linked to OpenAI is close to $25 million, indicating a growing market demand for exposure to tokenized private equity.To support the compliant development of the RWA ecosystem, Bitget launched the RWA licensed protocol Reality in May. The tokenized stocks (rTokens) it issues are strictly anchored 1:1 to the underlying U.S. stocks, with assets custodied by the FINRA-registered, SIPC-protected U.S. brokerage Alpaca, and real-time reserve proof provided through independent third-party audits.The report also disclosed that Bitget AI users surpassed 1 million in May, with monthly trading volume exceeding $1.2 billion. In terms of compliance layout, Bitget completed key regulatory registration in Mexico, further strengthening its position in the core Latin American market. With the improvement of its core product line, Bitget is accelerating the deep integration of tokenized assets, AI investments, and crypto infrastructure under the UEX framework.

According to Arkham monitoring, Grayscale deposited a total of 19,548 ETH into Coinbase Prime in the last hour, approximately worth 32 million dollars.

According to Arkham monitoring, the address holding the seized funds from the FTX / Alameda bankruptcy case, managed by the U.S. government, transferred out 98,589.87 LINK tokens, worth approximately $769,000, which have been transferred to Coinbase Prime.

According to monitoring by Lookonchain, Forward Industries deposited 455,784 SOL (31.87 million USD) into Coinbase Prime after a month of silence. Since launching the Solana treasury strategy in September 2025, the company has spent approximately 1.59 billion USD to acquire 6.83 million SOL at an average price of 232.08 USD, and its current holdings are worth only 458.6 million USD.

Lookonchain posted on platform X that Michael Saylor's Strategy has just deposited 411.48 BTC into Coinbase Prime, worth 30.3 million dollars; on Polymarket, the probability of MicroStrategy selling BTC before December 31, 2026, has now reached 84%.

According to Arkham monitoring, Grayscale deposited a total of 1,530.704 bitcoins, approximately 112 million USD, into Coinbase Prime in the last hour.

According to Arkham monitoring, the U.S. government transferred 319 ETH, 643,000 DAI, and 290,000 USDT from the seized funds of FTX Alameda to Coinbase Prime.

According to Decrypt, financial services company Swan Bitcoin has been sued by the PCT Litigation Trust for allegedly using insider information to avoid significant losses during the collapse of Prime Trust in 2023, seeking to recover nearly $1 billion in crypto assets. The lawsuit claims that Swan had knowledge of non-public information on the eve of Prime Trust's bankruptcy and transferred fiat and crypto assets from Prime, avoiding catastrophic losses. The assets that Swan was able to transfer are valued at nearly $1 billion at current prices, including 11,992 bitcoins (approximately $917 million), $22.4 million, $5 million in stablecoins, and 91,444 XRP.The lawsuit also points out that a "senior executive" of Prime Trust simultaneously served as a paid external consultant for Swan, providing a channel for obtaining insider information. A representative for Swan stated that client assets are held in trust accounts managed by a trust company and should not be pursued by general unsecured creditors.

According to the official announcement, the Bitget IPO Prime Phase 2 project preOPAI has now completed allocation, and spot trading will begin today at 22:00 (UTC+8). For more details, please refer to the Bitget official platform.

According to the official page, since the Bitget IPO Prime Phase 2 project preOPAI opened for subscription on May 12 at 16:00 (UTC+8), the total number of participants has reached 5,098, with a total investment amount of 106,146,536 USD, currently oversubscribed by about 5 times. This round of subscription will close today at 16:00 (UTC+8), for more details please refer to the Bitget official platform.

According to Yu Jin monitoring, KULR Technology, a Bitcoin treasury company, transferred 300 BTC (worth approximately $24.36 million) to Coinbase Prime 2 hours ago.The company announced that starting from December 2024, it would allocate 90% of its surplus cash to BTC, accumulating a total reserve of 1,021 BTC (worth approximately $101 million) by January 2025, with an average price of $98,923. Based on current prices, its BTC book loss is approximately $18.25 million.

According to the official announcement, the Bitget IPO Prime Phase II project preOPAI is now open for subscription, with the investment period ending on May 15 at 16:00 (UTC+8). The token distribution phase will take place from May 15 at 16:00 to 20:00 (UTC+8); spot trading will begin on May 15 at 22:00 (UTC+8). Project details are as follows:• OpenAI implied valuation: $898.21 billion• Total subscription amount for IPO Prime: 29,082• Total subscription value: $21,084,450• Subscription price: 1 preOPAI = $725• Investment currencies: USDT or USDGO• Total investment pool cap: $300,000,000• Individual investment range: $100 - $600,000• Distribution schedule: 30% released on May 15, 30% released on June 15, 40% released on July 15

According to the official announcement, the asset for the second phase of Bitget IPO Prime is preOPAI, a digital token issued on the Solana chain by the regulated issuer Republic, aimed at mirroring the economic performance of OpenAI post-IPO on a 1:1 basis. As a leading consumer-level AI provider globally, OpenAI's official data shows that it has approximately 900 million weekly active users. Its most recent financing round reached $122 billion, with investors including Microsoft, NVIDIA, Amazon, and SoftBank.Bitget IPO Prime adopts a subscription model, allowing users to obtain corresponding subscription quotas based on their account levels. After the token distribution is completed, users can trade in the upcoming spot market; they can also exchange for stock tokens or USDT based on the market price of the underlying company's stock, as entrusted by the issuer to Bitget, after the lock-up period of the preOPAI underlying debt asset ends.IPO Prime Details:• Implied valuation of OpenAI: $898.21 billion• Total subscription amount for IPO Prime: 29,082• Total subscription value: $21,084,450• Subscription price: 1 preOPAI = $725• Investment currencies: USDT or USDGO• Total upper limit of investment pool: $300,000,000• Individual investment range: $100 - $600,000• Investment period: May 12, 16:00 to May 15, 16:00 (UTC+8)• Distribution time: May 15, 16:00 to 20:00 (UTC+8)• Spot trading time: May 15, 22:00 (UTC+8)• Distribution schedule: 30% released on May 15, 30% released on June 15, 40% released on July 15

According to crypto analyst Murphy, Bitget's second phase of IPO Prime will be announced tonight at 18:00.On-chain data shows that preOPAI was minted on May 7 by Republic on the Solana chain, with the first batch of 29,082 tokens entering the project team's custody account. The top-level instruction is Mint_securities, and the calling program is 4X79YR...zMJwr3 (Republic's access token issuance program), with only the final step of distribution remaining before officially launching on Bitget IPO Prime.Based on the on-chain minting data and the previous preSPAX, which was a collaboration between Bitget and Republic, the second phase of IPO Prime is highly likely to be related to an OpenAI project.