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On August 24, stablecoin digital bank Fasset announced the completion of $68 million in funding led by Japan's SBI Group, bringing the company's valuation to $1 billion. Including the $51 million raised in May, Fasset has accumulated $119 million in funding this year. Co-founder and CEO Mohammad Raafi Hossain stated that the company's annualized transaction volume has exceeded $40 billion, covering 125 countries, with revenue growth of approximately six times year-on-year over the past year, and has achieved profitability for 12 consecutive months, although specific revenue and profit figures were not disclosed.

[Stablecoin Bank Fasset Secures $68 Million in Funding Led by Japan's SBI Group]On August 24, stablecoin digital bank Fasset announced the completion of $68 million in funding led by Japan's SBI Group, bringing the company's valuation to $1 billion. Including the $51 million raised in May, Fasset has accumulated $119 million in funding this year. Co-founder and CEO Mohammad Raafi Hossain stated that the company's annualized transaction volume has exceeded $40 billion, covering 125 countries, with revenue growth of approximately six times year-on-year over the past year, and has achieved profitability for 12 consecutive months, although specific revenue and profit figures were not disclosed.

Stablecoin Bank Fasset Secures $68 Million in Funding Led by Japan's SBI Group

On August 24, as Bitcoin prices surged, spot Bitcoin ETFs recorded their strongest weekly inflow in 10 months. Data shows that 13 funds listed in the U.S. attracted a net inflow of $1.92 billion, marking the highest record since October of last year. This influx coincided with a roughly 23% increase in Bitcoin prices last week, the largest weekly gain in over three years.

[Bitcoin ETF Sees $1.92 Billion Inflow Last Week, Largest in Nearly 10 Months]On August 24, as Bitcoin prices surged, spot Bitcoin ETFs recorded their strongest weekly inflow in 10 months. Data shows that 13 funds listed in the U.S. attracted a net inflow of $1.92 billion, marking the highest record since October of last year. This influx coincided with a roughly 23% increase in Bitcoin prices last week, the largest weekly gain in over three years.

Bitcoin ETF Sees $1.92 Billion Inflow Last Week, Largest in Nearly 10 Months

On August 24, stablecoin digital bank Fasset announced the completion of $68 million in funding led by Japan's SBI Group, bringing the company's valuation to $1 billion. Including the $51 million raised in May, Fasset has raised a total of $119 million this year. Fasset's co-founder and CEO Mohammad Raafi Hossain stated that the company's annual trading volume has exceeded $40 billion, covering 125 countries, with revenue growth of approximately six times year-on-year over the past year, and it has achieved profitability for 12 consecutive months, although specific revenue and profit figures were not disclosed.

[Stablecoin Bank Fasset Secures $68 Million Funding Led by Japan's SBI Group]On August 24, stablecoin digital bank Fasset announced the completion of $68 million in funding led by Japan's SBI Group, bringing the company's valuation to $1 billion. Including the $51 million raised in May, Fasset has raised a total of $119 million this year. Fasset's co-founder and CEO Mohammad Raafi Hossain stated that the company's annual trading volume has exceeded $40 billion, covering 125 countries, with revenue growth of approximately six times year-on-year over the past year, and it has achieved profitability for 12 consecutive months, although specific revenue and profit figures were not disclosed.

Stablecoin Bank Fasset Secures $68 Million Funding Led by Japan's SBI Group

On August 24, as Bitcoin prices surged, spot Bitcoin ETFs recorded their strongest weekly inflow in 10 months. Data shows that 13 funds listed in the U.S. attracted a net inflow of $1.92 billion, marking the highest level since October of last year. This influx coincided with a roughly 23% increase in Bitcoin prices last week, the largest weekly gain in over three years.

[Bitcoin ETF Sees $1.92 Billion Inflow Last Week, Highest in Nearly 10 Months]On August 24, as Bitcoin prices surged, spot Bitcoin ETFs recorded their strongest weekly inflow in 10 months. Data shows that 13 funds listed in the U.S. attracted a net inflow of $1.92 billion, marking the highest level since October of last year. This influx coincided with a roughly 23% increase in Bitcoin prices last week, the largest weekly gain in over three years.

Bitcoin ETF Sees $1.92 Billion Inflow Last Week, Highest in Nearly 10 Months

On August 24, according to HTX market data, quality DeFi tokens represented by SPK and MORPHO led the rise in the cryptocurrency secondary market today. Specifically, SPK increased by over 26% in one day, with a weekly gain of 44.8%; MORPHO rose by 20.84%, currently priced at $2.751; AAVE increased by 16.76%, currently at $144.07; PENDLE saw a rise of 14.34%, currently priced at $1.847; ENA increased by 13.64%, currently at $0.1685, with a weekly gain of 96%. Additionally, ETHFI, LDO, and MET all rose by over 10%.

[Market Indicator: Quality DeFi Tokens Surge, SPK and MORPHO Rise Over 20% in One Day]On August 24, according to HTX market data, quality DeFi tokens represented by SPK and MORPHO led the rise in the cryptocurrency secondary market today. Specifically, SPK increased by over 26% in one day, with a weekly gain of 44.8%; MORPHO rose by 20.84%, currently priced at $2.751; AAVE increased by 16.76%, currently at $144.07; PENDLE saw a rise of 14.34%, currently priced at $1.847; ENA increased by 13.64%, currently at $0.1685, with a weekly gain of 96%. Additionally, ETHFI, LDO, and MET all rose by over 10%.

Market Indicator: Quality DeFi Tokens Surge, SPK and MORPHO Rise Over 20% in One Day

According to The Information, Nvidia is discussing participation in a new funding round for Perplexity, which specializes in AI search and agents. The new round is expected to be valued at over $30 billion, with financing reaching several billion dollars. This represents at least a 50% increase compared to the $20 billion valuation in September 2025. Perplexity's annual revenue has surged from less than $250 million at the beginning of the year to over $750 million now, up from $500 million in April. Perplexity Computer is one of the key sources of this growth. Nvidia had previously considered another approach: spending billions for partial technology licensing from Perplexity and poaching some employees. However, negotiations later shifted to a standard equity investment. The reason for this change in strategy is still unclear. Just last week, Nvidia employed a 'licensing + poaching' strategy with Poolside, paying $6 billion for model development software licenses while planning to recruit over 100 employees and additionally invest $1 billion. Perplexity had also been discussing a similar arrangement but has now opted to become a direct shareholder.

[Nvidia Considered Billions for Perplexity Technology, Now Plans to Invest at $30 Billion Valuation]According to The Information, Nvidia is discussing participation in a new funding round for Perplexity, which specializes in AI search and agents. The new round is expected to be valued at over $30 billion, with financing reaching several billion dollars. This represents at least a 50% increase compared to the $20 billion valuation in September 2025. Perplexity's annual revenue has surged from less than $250 million at the beginning of the year to over $750 million now, up from $500 million in April. Perplexity Computer is one of the key sources of this growth. Nvidia had previously considered another approach: spending billions for partial technology licensing from Perplexity and poaching some employees. However, negotiations later shifted to a standard equity investment. The reason for this change in strategy is still unclear. Just last week, Nvidia employed a 'licensing + poaching' strategy with Poolside, paying $6 billion for model development software licenses while planning to recruit over 100 employees and additionally invest $1 billion. Perplexity had also been discussing a similar arrangement but has now opted to become a direct shareholder.

Nvidia Considered Billions for Perplexity Technology, Now Plans to Invest at $30 Billion Valuation

According to a report from The Information, Nvidia is discussing participation in a new funding round for Perplexity, which specializes in AI search and agents. The new round is expected to be valued at over $30 billion, with funding reaching several billion dollars. This represents at least a 50% increase from the $20 billion valuation in September 2025. Perplexity's annualized revenue has risen from less than $250 million at the beginning of the year to over $750 million now, up from $500 million in April. Perplexity Computer is one of the key sources of this growth. Nvidia had previously considered another approach: spending billions to acquire partial technology licenses from Perplexity and poaching some employees. The negotiations later shifted to a standard equity investment, though the reasons for this change are currently unclear. Just last week, Nvidia used a similar 'license + poaching' strategy with Poolside, paying $6 billion for model development software licenses while planning to recruit over 100 employees and additionally invest $1 billion. Perplexity had also been discussing a similar arrangement but has now opted for direct equity investment.

[Nvidia Considered Billions for Perplexity Technology, Now Plans to Invest at $30 Billion Valuation]According to a report from The Information, Nvidia is discussing participation in a new funding round for Perplexity, which specializes in AI search and agents. The new round is expected to be valued at over $30 billion, with funding reaching several billion dollars. This represents at least a 50% increase from the $20 billion valuation in September 2025. Perplexity's annualized revenue has risen from less than $250 million at the beginning of the year to over $750 million now, up from $500 million in April. Perplexity Computer is one of the key sources of this growth. Nvidia had previously considered another approach: spending billions to acquire partial technology licenses from Perplexity and poaching some employees. The negotiations later shifted to a standard equity investment, though the reasons for this change are currently unclear. Just last week, Nvidia used a similar 'license + poaching' strategy with Poolside, paying $6 billion for model development software licenses while planning to recruit over 100 employees and additionally invest $1 billion. Perplexity had also been discussing a similar arrangement but has now opted for direct equity investment.

On August 24, stablecoin digital bank Fasset announced the completion of a $68 million funding round led by Japan's SBI Group, bringing the company's valuation to $1 billion. Including the $51 million raised in May, Fasset has accumulated $119 million in funding this year. Co-founder and CEO Mohammad Raafi Hossain stated that the company's annualized transaction volume has exceeded $40 billion, covering 125 countries, with revenue growth of approximately six times year-over-year in the past year, and it has achieved profitability for 12 consecutive months, although specific revenue and profit figures were not disclosed. (CoinDesk)

[Stablecoin Digital Bank Fasset Raises $68 Million at $1 Billion Valuation, Led by Japan's SBI Group]On August 24, stablecoin digital bank Fasset announced the completion of a $68 million funding round led by Japan's SBI Group, bringing the company's valuation to $1 billion. Including the $51 million raised in May, Fasset has accumulated $119 million in funding this year. Co-founder and CEO Mohammad Raafi Hossain stated that the company's annualized transaction volume has exceeded $40 billion, covering 125 countries, with revenue growth of approximately six times year-over-year in the past year, and it has achieved profitability for 12 consecutive months, although specific revenue and profit figures were not disclosed. (CoinDesk)

Stablecoin Digital Bank Fasset Raises $68 Million at $1 Billion Valuation, Led by Japan's SBI Group

On August 24, Bloomberg reported that SoftBank plans to issue a record $6.3 billion in retail bonds in Japan to help finance its substantial investment commitment to OpenAI.

[SoftBank Plans to Issue $6.3 Billion Retail Bonds to Fund OpenAI Investment Commitment]On August 24, Bloomberg reported that SoftBank plans to issue a record $6.3 billion in retail bonds in Japan to help finance its substantial investment commitment to OpenAI.

SoftBank Plans to Issue $6.3 Billion Retail Bonds to Fund OpenAI Investment Commitment

HTX data monitoring shows that ETH has broken through 1900 USDT, currently reported at 1902.34 USDT, with a 24H increase of 1.03%.

【ETH breaks through 1900 USDT】HTX data monitoring shows that ETH has broken through 1900 USDT, currently reported at 1902.34 USDT, with a 24H increase of 1.03%.

ETH breaks through 1900 USDT

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