Institutional activity picked up across several fronts this week: corporate Bitcoin accumulation, blockchain infrastructure acquisitions, and funding rounds targeting AI banking rails & onchain liquidity.

 🔎 Recent Updates & Developments

– SpaceX disclosed a $1.45B Bitcoin treasury in IPO filings, joining the largest corporate BTC holders

– Tether acquired SoftBank’s stake in Twenty One Capital, increasing control over 43,514 BTC

– Deloitte acquired Blocknative, adding gas prediction and mempool monitoring to its blockchain stack

– Blockchain.com confidentially filed for a U.S. IPO, joining the wave of crypto companies going public

– Variational raised $50M from Dragonfly, Bain Capital to bring TradFi liquidity onchain

– Polymarket partnered with Nasdaq Private Market to launch prediction markets for SpaceX, OpenAI and other private firms

– Catena Labs raised $30M from a16z Crypto to build banking infrastructure for AI agents