a16z crypto, the digital assets arm of venture capital firm Andreessen Horowitz, has deepened its investment in EigenLayer with a new $70 million token acquisition, coinciding with the launch of the Ethereum restaking protocol’s developer platform, EigenCloud. On June 17,…

a16z backs EigenLayer with $70m token buy amid EigenCloud launch

Stablecoins are redefining global payments with unmatched speed and 
efficiency, as Ripple’s RLUSD gains traction amid soaring demand across 
volatile markets and underserved financial corridors. Ripple Names Stablecoins 
as Core to Fast, Low-Cost Payments in Volatile Markets Ripple published a 
report on July 25, examining the role of stablecoins and highlighting leading 
payment providers shaping […]

Ripple’s RLUSD Joins USDC and USDT in Leading Next-Gen Global Payment Systems

Kraken&#8217;s valuation pursuit and potential IPO could significantly impact the 
crypto market&#8217;s dynamics and investor confidence.
The post Kraken targets $15 billion valuation with new funding round before 
IPO appeared first on Crypto Briefing.

Kraken targets $15 billion valuation with new funding round before IPO

PayPal has officially rolled out its “Pay with Crypto” feature, allowing 
U.S.-based merchants to accept payments in over 100 cryptocurrencies. From 
Bitcoin and Ethereum to stablecoins like USDT, USDC, and XRP, the platform 
aims to streamline international commerce with lower fees and faster 
settlements. Related Reading: Bitcoin Long-Term Holders Begin Distribution: 
Mirroring Fall 2024 Cycle Merchants can now accept crypto payments from 
wallets like MetaMask, Coinbase, Kraken, and Binance, with all transactions 
instantly converted to either U.S. dollars or PayPal’s own stablecoin, PYUSD. 
This means businesses no longer need to manage wallets or worry about crypto 
price volatility. With a competitive transaction fee of just 0.99%, PayPal is 
in line to be a more affordable alternative to traditional credit card 
processing, which often exceeds 2%. Bridging Wallets and Reducing Barriers for 
Merchants According to PayPal CEO Alex Chriss, this move targets a $3 trillion 
crypto market and more than 650 million global crypto users. &#8220;We’re removing 
barriers for global growth,&#8221; Chriss said, emphasizing the feature’s ability to 
connect merchants with buyers worldwide. The system provides near-instant fund 
access and offers merchants up to 4% in annual rewards when they hold PYUSD 
balances within the platform. This built-in incentive adds an investment 
dimension to the tool, enhancing business profitability. The launch also 
aligns with the expansion of PayPal World, a global partnership unifying the 
world’s top digital wallets. BTC&#8217;s price trends to the upside on the daily 
chart following a re-test around critical support levels. Source: BTCUSD on 
Tradingview Crypto Momentum to Meet Real-World Utility The launch of “Pay with 
Crypto” marks another step in crypto’s mainstream adoption. With support for 
100+ tokens and direct integration with leading wallets, PayPal is simplifying 
what has long been a complex and expensive process: cross-border payments. As 
global regulatory adopts crypto, PayPal’s initiative may serve as a blueprint 
for how fintech companies can drive innovation while supporting small and mid- 
sized enterprises in the digital economy. Related Reading: Largest Publicly- 
Listed BNB Treasury To Launch In The US With $500 Million Raise Whether it&#8217;s a 
shopper in Guatemala buying from a seller in Oklahoma or a global brand 
expanding reach, crypto payments via PayPal are set to reimagine global 
e-commerce. Cover image from ChatGPT, BTCUSD chart from Tradingview

Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

Windtree Therapeutics has announced up to $520 million in new funding, with 
99% of proceeds earmarked for BNB acquisitions, signaling one of the most 
aggressive crypto treasury moves by a public biotech company. Biotech Firm 
Windtree Doubles Down on Crypto With New BNB Plan Windtree Therapeutics 
(NasdaqCM: WINT) is pivoting aggressively into digital assets, unveiling […]

Windtree Secures $520 Million to Expand BNB Treasury Strategy

The company plans to offer the most popular US stocks as ERC-20 tokens on the 
Ethereum network, enabling 24/5 trading and DeFi integration.