Must-Follow Next Week｜Polymarket to Announce Major News Next Monday; Backpack TGE on March 23 (3.23-3.29)

marsbitPublished on 2026-03-22Last updated on 2026-03-22

Abstract

The following is a summary of key events scheduled for the week of March 23-29, 2026. **March 23:** * **Polymarket** is set to announce major news, speculated to be related to a token launch or funding round. * **Backpack** will conduct its Token Generation Event (TGE). * The U.S. SEC may begin processing **Morgan Stanley's Bitcoin ETF** application. * Cboe plans to launch the **BITVX** volatility index, based on iShares Bitcoin Trust (IBIT) options. * **NilChain** will cease operations; NIL token holders must migrate to Ethereum. * **Binance** will list the PAYPUSDT stock perpetual contract. **March 25:** * The U.S. House Financial Services Committee will hold a hearing on **tokenization**. * **Metaplanet** will hold its annual shareholders meeting. **March 26:** * A proposal to distribute ~70 million **USDS** to Sky Agents may be executed. * U.S. weekly initial jobless claims data will be released. **March 27:** * Federal Reserve Vice Chair **Jefferson** is scheduled to speak. * **Bithumb** will delist Neiro (NEIRO). **March 28:** * **Linea** will update its Terms of Service to prepare for the launch of its Yield Boost feature. **Other Events (Date TBD):** * Elon Musk announced that **X Platform** will release a major open-source update to its AI algorithm next week. * **Starknet** will launch the **STRK20** testnet next week, with a mainnet release planned for late April. STRK20 aims to provide token-level privacy for assets on the netwo...

Key Events for Next Week

March 23

Polymarket to announce major news next Monday, potentially related to token launch or funding;

Backpack TGE on March 23;

US SEC may start processing Morgan Stanley Bitcoin ETF application as early as around March 23;

March 25

Crypto journalist: US House Financial Services Committee plans to hold a hearing on tokenization next Wednesday;

Metaplanet to hold shareholders meeting on March 25;

Other (Specific time TBD)

Musk: X Platform to launch major AI algorithm update and open source next week;

From March 23 to March 29, more industry events to watch for.

March 23

Polymarket to Announce Major News Next Monday, Potentially Related to Token Launch or Funding

Odaily Planet Daily News: Polymarket team member Mustafa posted on X Platform that major news will be announced next Monday. As the post included a coin symbol, the community speculates it could be significant news related to funding or a token launch.

Previously, according to The Wall Street Journal, prediction market platforms Kalshi and Polymarket are reportedly in talks with potential investors for a new funding round, targeting valuations of around $20 billion each. Recently, Kalshi completed a new funding round of over $1 billion, valuing the company at $22 billion, double its $11 billion valuation from the previous round in December last year. Insiders revealed that this round was led by Coatue Management, and Kalshi's current annualized revenue is $1.5 billion.

Backpack TGE on March 23

Odaily Planet Daily News: Backpack announced on X Platform that its TGE will be on March 23.

US SEC May Start Processing Morgan Stanley Bitcoin ETF Application as Early as Around March 23

Odaily Planet Daily News: Bloomberg ETF analyst James Seyffart stated that the US SEC might start processing Morgan Stanley's Bitcoin ETF application as early as around March 23.

Cboe Plans to Launch BITVX Volatility Index Based on IBIT Options on March 23

Odaily Planet Daily News: The Chicago Board Options Exchange (Cboe) plans to launch the Cboe IBIT Volatility Index (BITVX) on March 23. This index will introduce Cboe's VIX index methodology to the Bitcoin market, further expanding the company's volatility index product line. BITVX aims to measure the market's expected 30-day volatility for Bitcoin, with data sourced from options prices of BlackRock's iShares Bitcoin Trust ETF (IBIT). It is calculated and managed by Cboe Global Indices using the same method as the CBOE Volatility Index (VIX), deriving implied volatility from option prices rather than relying on historical returns.

NilChain to Cease Operations on March 23, Advises Holders to Migrate NIL to Ethereum

Odaily Planet Daily News: Nillion posted on X Platform that NilChain will cease operations on March 23. If users hold NIL on Cosmos, they must migrate it to Ethereum immediately. After operations cease, standard transfers will not be possible.

Binance to List PAYPUSDT Stock Perpetual Contract on March 23, 2026

Odaily Planet Daily News: According to an official announcement, Binance Futures will list the PAYPUSDT stock perpetual contract on March 23, 2026, at 14:30 (UTC). This contract tracks the price of PayPay Corporation ordinary shares (Nasdaq: PAYP) and is settled in USDT, supporting up to 10x leverage.

March 24

None

March 25

Crypto Journalist: US House Financial Services Committee Plans Hearing on Tokenization Next Wednesday

Odaily Planet Daily News: Crypto journalist Eleanor Terrett posted on X Platform that the US House Financial Services Committee plans to hold a hearing on tokenization next Wednesday at 10:00 (Eastern Time). Blockchain Association CEO Summer Mersinger will attend as an invited witness.

Metaplanet to Hold Shareholders Meeting on March 25

Odaily Planet Daily News: According to a Metaplanet announcement, the company's 27th Regular General Meeting of Shareholders will be held on Wednesday, March 25, 2026, at 10:00 AM at "Pia Arena MM" in Yokohama City. The meeting agenda will be announced separately once finalized. The shareholder eligibility record is December 31, 2025.

March 26

Sky Proposes Allocation of ~70 Million USDS, If Approved, Funds Transfer to be Executed on March 26

Odaily Planet Daily News: Sky has proposed allocating approximately 70 million USDS to the remaining Sky Agents from the launch phase. If the proposal is approved, all fund transfers will be scheduled for the execution vote on March 26.

US to Release Initial Jobless Claims for the Week Ending March 21 on March 26

Odaily Planet Daily News: The US will release the Initial Jobless Claims for the week ending March 21 on March 26.

March 27

Fed Vice Chair Jefferson to Speak on March 27

Odaily Planet Daily News: On March 27 (Friday) at 7:00, Fed Vice Chair Jefferson will deliver a speech.

Bithumb to Delist Neiro (NEIRO) on March 27

Odaily Planet Daily News: Bithumb will delist Neiro (NEIRO) on March 27. The withdrawal channel will close on April 27.

March 28

Linea to Update Terms of Service on March 28 in Preparation for Yield Boost Launch

Odaily Planet Daily News: Linea announced it will update its Terms of Service, with the new terms effective March 28, 2026. This adjustment aims to prepare for the upcoming launch of Linea Yield Boost, transitioning Linea from a short-term token incentive model to generating yield at the protocol level using cross-chain capital. In the future, most ETH bridged to Linea will be staked on the Ethereum mainnet via Lido V3 at the bridge layer to achieve underlying automatic yield generation. Users' cross-chain operation experience will remain unchanged, but bridged ETH will continuously generate staking rewards in the background.

March 29

None

Other (Specific time TBD)

Musk: X Platform to Launch Major AI Algorithm Update and Open Source Next Week

Odaily Planet Daily News: Musk stated that the X Platform will release a major AI algorithm update next week and plans to open source it simultaneously. (Cointelegraph)

Starknet: STRK20 Testnet to Launch Next Week, Mainnet Planned for End of April

Odaily Planet Daily News: Ethereum Layer 2 network Starknet announced on X Platform that the STRK20 testnet will launch next week, with the mainnet planned for the end of April. STRK20 is designed to support the issuance of privacy stablecoins and other privacy assets while meeting compliance requirements. It aims to provide token-level privacy for assets on Starknet, keeping transaction amounts and account balances confidential while remaining compatible with DeFi applications.

Related Questions

QWhat major announcement is Polymarket expected to make on Monday, and what are the community speculations?

APolymarket is expected to announce major news on Monday, which the community speculates could be related to a token launch or funding, as hinted by the coin symbol in their social media post.

QWhen is Backpack's Token Generation Event (TGE) scheduled, and what platform announced it?

ABackpack's Token Generation Event (TGE) is scheduled for March 23, as announced by Backpack on the X platform.

QWhat is the focus of the U.S. House Financial Services Committee hearing scheduled for March 25, and who is one of the key witnesses?

AThe U.S. House Financial Services Committee hearing on March 25 will focus on tokenization, and Blockchain Association CEO Summer Mersinger is one of the invited witnesses.

QWhat AI-related update did Elon Musk announce for the X platform, and what is the plan for its release?

AElon Musk announced that the X platform will release a major AI algorithm update next week and plans to open-source it simultaneously.

QWhat is the purpose of the STRK20 testnet launch by Starknet, and when is the mainnet planned?

AThe STRK20 testnet by Starknet, launching next week, is designed to support private stablecoins and other private assets while ensuring compliance, with the mainnet planned for the end of April.

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