The Trump Media & Technology Group (TMTG) is raising $2.5 billion from 50 institutional investors through stock sales and convertible bond issuance, with the raised funds intended to establish a Bitcoin reserve. Remixpoint, a Japanese firm, announced the purchase of 200 Bitcoins for 1 billion yen. Over 150,000 Ethereum validators (15% of the network) have supported increasing the gas limit to 60 million, up from the current 36 million. SharpLink Gaming plans to raise $425 million to buy ETH for its balance. Standard Chartered predicts Solana could reach $500 by 2029. Circle, the issuer of the USDC stablecoin, has filed for an IPO on the New York Stock Exchange. 21Shares has submitted an application for a SUI-ETF.

Crypto and Blockchain Funding and Growth Opportunities

The ongoing strategic investments, network upgrades, and institutional interest highlight a bullish outlook for cryptocurrencies like Bitcoin, Ethereum, and Solana. The rise in institutional involvement and product development such as ETFs and IPOs indicate increasing mainstream acceptance and potential for high returns in this sector.