Arbitrum-based derivatives venue Variational raises $50 million Series A led by Dragonfly

Variational is positioning itself as a retail-friendly brokerage via its in-development Omni app, which will offer "zero-fee" trading....
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Tether buys SoftBank’s stake in Bitcoin company Twenty One Capital
Tether acquired SoftBank's 26% stake in Bitcoin treasury company Twenty One Capital, expanding its control over the publicly traded Bitcoin holder. The move consolidates ownership as Twenty One Capital pivots beyond pure treasury operations into lending, mining, and capital markets services. XXI shares rose 4% on the news, though remain down 37% since December listing.

Catena Labs lands $30 million Series A, files for national trust bank charter to underpin agentic finance
Catena Labs raised $30 million in Series A funding to develop infrastructure enabling AI agents to conduct financial transactions safely. The startup filed for a national trust bank charter, positioning itself as foundational middleware for "agentic finance." This move signals institutional crypto's shift toward autonomous agent ecosystems, potentially reshaping how decentralized finance operates at scale.

Vitalik Buterin outlines Ethereum's privacy measures. Here is what it means for the network and ETH
Ethereum co-founder Vitalik Buterin outlined three privacy upgrades—account abstraction, FOCIL, and keyed nonces—designed to make private transactions native to the network rather than relying on third-party tools. These measures aim to prevent transaction censorship, hide wallet queries from node providers, and stop onchain transaction linking. The changes signal Ethereum's push toward institutional adoption by addressing privacy concerns critical for widespread blockchain use.