Project Progress

Glacis Labs closed a $6.8 million seed funding round in March led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN, Protein Capital, and Techni Ventures. The startup has unveiled ZeroDelta, its multichain clearing platform, which matches, nets, and

Ondo Finance launched tokenized stocks backed by The Depository Trust Company infrastructure on July 16, marking the first use of DTC Tokenized Entitlements in tokenized securities. The ONDO token surged past $0.38 following the announcement, its first notable price movement in weeks. The launch

On July 16, Ondo Finance launched tokenized stocks backed by DTC Tokenized Entitlements, and the ONDO token surged past $0.38. The first two assets using this model are Circle's publicly listed stock (CRCL) and the SPDR S&P 500 ETF Trust (SPY), represented onchain as CRCLon and SPYon. Both tokens ar

Polygon Labs CEO Marc Boiron announced layoffs on Thursday as the firm moves to complete its acquisition of Coinme, transitioning from a blockchain foundation into a blockchain-enabled payments company. The layoffs are part of finalizing the Coinme acquisition, which will integrate that team into Po

According to CEO Marc Boiron via Foresight News, Polygon Labs laid off part of its staff on July 16 to integrate the Coinme acquisition team as part of a broader reorganization aimed at profitability by 2027. The

According to ChainCatcher, Ledger has launched Ledger Agent Stack, an open-source toolkit that enables AI agents to interact with crypto wallets by reading balances, preparing transactions, and suggesting operations. All transactions require user approval on Ledger hardware devices. The company

According to Globenewswire, in June, Nasdaq-listed TON Strategy Company (TONX) announced it has completed the divestiture of inherited traditional social commerce and software operations, including MARKET.live proxy and live shopping services and LyveCom social commerce software business. The

According to Morning Minute, Jesse Pollak, Coinbase executive running Base blockchain, handed the Base consumer app to trader Cobie today and acknowledged his 2024-2025 strategy betting on onchain social growth was incorrect. Pollak admitted that the social ecosystem he championed—including

According to ChainCatcher, Galaxy Digital announced the launch of Galaxy Curator, an institutional-grade vault management service built on the decentralized lending protocol Morpho. The product is available to over 2,400 institutional clients through Fireblocks Earn, enabling them to earn

According to Foresight News, Baillie Gifford recently launched Baillie Gifford Asset Enhancement Yield (BAGEY), a tokenized fund, in Hong Kong. The fund is natively issued on public blockchain infrastructure, with tokens representing investor fund shares and blockchain serving as the official

According to PANews, Cardano-based derivatives trading protocol DeltaDeFi announced today that it is suspending operations effective immediately due to insufficient operating funds. Development and routine maintenance work will also be halted during the

Maczo, a crypto gaming platform, opened provably fair verification tools, source code repositories and browser-based verification methods for its in-house games on July 16, 2026. The platform published verification resources covering 31 Maczo Originals and Lucky Spin, enabling players to

Base will refocus on trading, payments and AI agents after moving away from its earlier social push, according to founder Jesse Pollak. The strategic shift for Coinbase's Layer 2 network aims to concentrate on financial infrastructure rather than consumer social applications. Pollak said Base's soci

According to founder Jesse Pollak, Base is refocusing on trading, payments and AI agents after moving away from its social push. Pollak said Base's social experiments had "disintegrated completely," marking a strategic shift for Coinbase's Layer 2 network away from consumer social applications

According to Foresight News, Arrow Finance, a DeFi protocol in the Robinhood ecosystem, launched CDP Alpha v0.1, enabling users to use USDG, WETH, and tokenized stocks as collateral for borrowing. The protocol currently operates

VeChain launched VeWorld.ai on July 16, 2026, a no-code AI agent marketplace that enables users to build, list, and monetize AI agents without technical expertise. The platform is accessible at no cost, with no fees to build, list, or test a first agent. VeWorld.ai extends the VeWorld ecosystem, VeC

According to MPost, VeChain officially launched VeWorld.ai on July 16, a free no-code AI agent marketplace that enables anyone to build, list, and monetize AI agents without technical expertise. The platform offers no fees to build, list, or test a first agent. Users can register via social login or

According to PANews and vlad fun's official statement on July 16, the token launch platform vlad fun on Robinhood Chain has suspended operations due to serious internal integrity issues involving team members discovered during platform rollout. The team stated it has paused its website for a

According to a press release on July 15, Nasdaq-listed Hyperion DeFi entered an agreement with Skew Technologies to deploy 500,000 Hyperliquid (HYPE) tokens to support institutional perpetual futures markets on Hyperliquid's HIP-3 permissionless listings. Under the agreement, Hyperion will receive a