Project Progress

Gate News Report: On March 20th, traditional financial institutions are accelerating their layout in the blockchain sector. JPMorgan has recently advanced its deposit token business, focusing on tokenized US dollar applications within regulatory compliance frameworks. Meanwhile, cryptocurrency project Pepeto is about to be listed on multiple exchanges.

Gate News reported that on March 20, Base Build announced that to simplify the process of building applications on Base, it will gradually phase out OnchainKit, the Base chain toolkit. Users still using these legacy tools will have 60 days to migrate to alternative solutions.

Myriad platform announced the completion of seed round financing on March 20, with participating institutions including MoonPay Ventures and others, and individual investors including Tom Lee. Following the financing, Myriad Season 3 went live, event contracts migrated to BNB Chain, the liquidity model was upgraded, and multiple new features were added.

Matrixport has rebranded to BIT, expanding its services in digital finance, including custody and trading. Users' accounts remain unaffected. The company manages over $6 billion in assets and operates in seven countries with multiple licenses.

WLFI has launched the AgentPay SDK, specifically designed for AI agent systems to autonomously manage funds and execute transactions on EVM-compatible blockchains without human intervention. This open-source payment framework aims to enhance the compliance and security of financial infrastructure, while repositioning USD1 as a settlement asset for AI-native transactions. This move demonstrates the cryptocurrency industry's trend toward transformation into an AI-driven agent economy.

Amundi launches SAFO tokenized fund, combining Ethereum, Stellar, and Chainlink, focusing on corporate liquidity and collateral management. The fund starts with $100 million in capital, offering multiple currencies, and emphasizing real-time settlement and transparency. As the RWA market expands rapidly, Amundi's move marks tokenized finance gradually becoming mainstream, with enterprises incorporating blockchain into financial operations.

Gate News report: On March 20, Ondo Finance announced that it has launched over 60 new tokenized stocks, covering 8 sectors including AI, oil, data, space, biotechnology, defense, quantum, and China exposure. Currently, Ondo Global Markets is available on Ethereum, Solana, and BNB

Pi Network announced the launch of its Pi Launchpad testnet, focusing on token user acquisition and product utility. The three core design principles are: tokens serve user acquisition purposes, rewards flow into liquidity pools, and projects must have executable products. The platform enables project teams to promote innovation, while pioneer users can participate in testing and earn tokens, creating positive feedback. This design helps build a healthy decentralized exchange ecosystem and avoid speculative token issues.

AI programming tool Cursor releases third-generation programming model Composer 2, with significantly improved performance and reduced costs. Standard version pricing drops 86%, outperforming the previous generation model in multiple benchmarks. Composer 2 is designed specifically for Cursor and does not offer a standalone API. Anysphere's valuation reaches $29.3 billion.

PEPE co-founder announced on March 20 the launch of a new project that will provide token holders with an income source based on exchange fee revenue model. Despite Shiba Inu's launch of Shibarium and integration of DeFi features, it has failed to stabilize token value, demonstrating that even with utility tools, Meme tokens' long-term value remains unstable. The specific name and mechanics of the new project have not yet been disclosed.

EtherFi announced a $25 million investment in Plume's real-world asset protocol Nest, a move aimed at introducing stable yields and reducing dependence on crypto market volatility. The nBASIS vault deployed in this round integrates strategies including crypto basis trading, staking rewards, and government securities returns, allowing users to streamline participation in high-yield operations. As the RWA market expands rapidly, its tokenized total value has grown to $27 billion, primarily driven by U.S. Treasury securities.

Gate News: On March 20, Jupiter announced that it has launched Pre-IPO stock token trading functionality, allowing users to purchase stock tokens of popular unlisted companies such as OpenAI and Anthropic. Related orders will be executed by PreStocks.

The Pump.fun platform on Solana has become the largest DEX by 24-hour trading volume, reaching $1.77 billion, surpassing Uniswap and PancakeSwap. Revenue remains strong, with over 1.92 billion dollars in total revenue driven by memecoin trading and significant token buybacks, yet the price stabilizes at $0.0018, indicating investor caution.

BTQ Technologies has accelerated BIP 360 from a mere proposal to the testnet stage to advance Bitcoin’s quantum resiliency. The threat of quantum computing to Bitcoin’s (BTC) cryptography has become all too real. Cybersecurity experts and cryptographers hotly debate its arrival. Still, one thing’s

Gate News: On March 19, Sui blockchain launched Hashi, a Bitcoin DeFi protocol. The protocol offers a smart contract-based trustless model that allows retail and institutional users to earn yields and conduct lending operations using Bitcoin, aiming to unlock the utility of BTC.

Gate News reports that on March 19, Web3 wallet application TopNod announced that its global user count has exceeded 1 million, reaching this milestone 170 days after its launch. Additionally, TopNod revealed that it will soon undergo the next phase of product upgrades. The official statement from TopNod said that 1 million users is just the starting point, and the company's core mission is to break down the barriers to using Web3 by transforming complex underlying blockchain technology into real value that all users can experience seamlessly.

Anchorage Digital expanded its Atlas network on March 19, introducing cryptocurrency collateral management features that support nearly 600 participants, aiming to simplify the lending process and reduce risks. Atlas is now a 24/7 regulated system that manages the settlement of credit arrangements. Several institutions have already adopted the platform, reflecting regulatory trends in crypto banking.

In brief Shares rose more than 7% after hours following results showing services revenue overtook trading for the first time amid aggressive cost cutting measures in the form of job layoffs. Gemini highlighted early traction in its newly launched prediction markets business after securing a

Gate News Report: On March 19, Meta announced that it will maintain continued operations of its Horizon Worlds platform, reversing its previous decision to shut down the platform. This policy reversal was driven by strong user opposition, with many users expressing their desire to continue using the virtual reality platform for gaming. Horizon Worlds will remain open to users, who can retain their virtual experiences and communities.