Project Progress

A certain CEX's asset management department has launched tokenized shares of a Bitcoin yield fund in collaboration with Apex Group, targeting non-US investors and adopting the ERC-3643 standard to achieve automated compliance. Institutions are accelerating asset tokenization to improve efficiency and reduce costs.

Gate News reports that on March 21, Gala Games officially announced the launch of GalaChain's ecosystem expansion plan. Its decentralized exchange GalaSwap now supports bridging tokens from the Solana, TON, and Ethereum ecosystems onto the GalaChain network. According to the official statement, this move will enable cross-ecosystem asset access and interoperability, activate the community, and enhance the visibility of various project tokens.

Pi Network has released a new feature on its testnet. It has launched the first version of its Token Launchpad as a Pi App. This release was shared during Pi Day 2026. For now, it works with a test token, not real assets. The goal is simple. Pi wants users, called Pioneers, to learn how token launch

Renaiss Protocol completed a $30,000 community rewards airdrop on March 21 to reward users who participated in the Omega and RenaCrypt gacha machines. This event included 20 specific Pokémon cards and a $10,000 prize pool. Renaiss also distributed $17,000 in rewards through its collaboration with BNB Chain. The platform's total trading volume has exceeded $6 million, with over 223,800 registered users. The liquidity incentive mechanism, SuperLiquid Beta 2.0, is expected to be launched next week.

OpenLedger is adopting the ERC-4626 vault model to enhance automated capital management in DeFi, promoting interoperability and easing yield strategy development for users and developers. This approach aims to simplify access to yield-bearing products and reduce complexity for retail investors.

BTQ Technologies has launched the first working implementation of BIP 360 on its Bitcoin Quantum testnet. The update allows developers to test quantum-resistant bitcoin transactions in a live environment. Bitcoin Quantum Testnet Debuts BIP 360 Implementation BTQ Technologies has introduced Bitco

Circle Completes IPO, Jeremy Allaire Emphasizes Stablecoins Still in Early Stage, Targeting to Build Digital Dollar Network Infrastructure and Next-Generation Financial Platform. Editor's Note: In 2025, stablecoin issuer Circle completed its IPO, becoming one of the most closely watched listing cases in the crypto industry in recent years. As the issuer of USDC, Circle is attempting to promote stablecoins from a trading tool in the crypto market to a digital dollar infrastructure capable of circulating in networks. In "The David

Gate News, on March 21, Zhipu Z.ai global head Li Zixuan posted on the X platform stating: "Don't panic. GLM-5.1 will be open source." (Don't panic, GLM-5.1 will be open source.) The release date and specific details of the model have not yet been disclosed.

Gate News report: On March 21st, according to Onchain Lens monitoring, Ethereum treasury company Bitmine has staked 101,776 ETH, valued at $219.45 million. Bitmine has now cumulatively staked 3,142,291 ETH, valued at $6.75 billion.

Virtuals Protocol, partnering with t54 Labs, plans to launch AI agents on the XRP Ledger, enabling autonomous transactions. The crypto community is excited about this innovation, which could significantly enhance XRPL's capabilities in finance, despite some concerns about risks and oracle dependencies.

Tether's QVAC Fabric introduces the BitNet LoRA framework, enabling AI model training on consumer devices with reduced VRAM needs and improved performance. Users can fine-tune large models on smartphones, making AI development more accessible and efficient.

Evernorth Holdings filed for a Nasdaq listing via SPAC, targeting over $1B in proceeds. With hundreds of millions of XRP, it plans active management strategies and benefits from recent regulatory clarity classifying XRP as a digital commodity.

_Evernorth files SEC Form S-4 to go public on Nasdaq via SPAC merger, plans XRP treasury strategy, yield program, and blockchain validator support._ XRP treasury company Evernorth filed papers to go public in the United States. The company filed a Form S-4 with the US Securities and Exchange

The essay discusses the recent entry of large companies and ETFs into the tokenized securities market, highlighting growth driven by regulatory support and increasing institutional demand, with Ondo Global Markets managing over 250 tokenized instruments valued at nearly $2.6 billion.

Gate News reported that on March 20, Tether Chief Executive Officer Paolo Ardoino posted on X, stating that the team is optimizing the wallet user interface and inviting users to vote on the display format for small balances. For ultra-small balances below one cent, users can choose to display fractions precise to the cent, or select a more streamlined alternative display format. Paolo Ardoino encouraged users to participate in feedback to help the team decide on the final display effect.

Farcaster co-founder Dan Romero clarified five misconceptions about MPS, emphasizing its broad applicability, support for multiple cryptocurrencies and fiat currencies, and expansion to Bitcoin Lightning Network. MPS itself has no inherent fees, features simple design and can serve as a web standard, supports multiple payment modes, and ensures secure separation of communication and payment rails.

Gate News reports that on March 20, according to Caixin, Ant Group intends to list Ant International separately on the Hong Kong Stock Exchange. Ant International Vice President Shi Wenyi revealed that its digital payment and financial services platforms, Remitly and Antom (global merchant payment services), have integrated blockchain global settlement technology to achieve real-time fund arrival, effectively reducing funds in transit and improving capital turnover efficiency. Additionally, the platform has introduced an AI foreign exchange time series forecasting large model capable of high-precision predictions for future cash flows and foreign exchange exposure.

Gate News reports that the Spark protocol released data on March 20 showing first-quarter 2026 revenue reached $33 million, representing approximately 10% year-over-year growth. The protocol currently generates approximately $10 million in monthly revenue, primarily sourced from SLL, SparkLend, and Market Curation. A complete financial report will be released shortly.

DeFi protocol Neutrl has migrated to a new domain and switched DNS service providers, with smart contracts resuming normal operations. The official team ensures user fund safety, reminding users to stop accessing the original domain and to revoke authorizations for malicious addresses.