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Mavryk raises $8.9M & secures $3B in RWAs.
$MVRK L1 community sale is live!
📌 Mavryk is a next-gen Layer 1 blockchain redefining asset ownership, integrating RWA tokenization with advanced DeFi to unlock the full potential of global assets.
Mavryk secured a $3B real estate tokenization deal with MultiBank and MAG, bringing premium assets like the Ritz-Carlton onchain and tapping into MultiBank’s 2M users – a major boost for its network growth and DeFi potential.
Presale First Round: $0.10
ICO Page: https://ico.mavryk.org/
https://coinpedia.org/information/how-mavryk-beat-mantra-to-monster-3b-rwa-tokenization-deal/
✅ World's largest $3B RWA tokenization deal with MAG
✅ 2M users from MultiBank Group’s exchange
✅ $MVRK CEX listing confirmed + UniSwap/Aerodrome DEXs.
🔥20,000,000+ testnet transactions
🔥1,200,000+ wallets
#promo
Arbitrum has announced a $10 million investment into blockchain gaming through its newly formalised venture initiative, Arbitrum Gaming Ventures
The $10 million allocation is intended to support projects working on games, publishing platforms, and underlying infrastructure. The five selected recipients are Wildcard, Hyve Labs, T-Rex, Xai, and Proof of Play.
• Wildcard is developing a multiplayer game that combines third-person combat with spectator interaction. It is led by industry veterans with experience in mainstream game development.
• Hyve Labs is creating a gaming-specific rollup designed to allow cross-platform gameplay on social platforms and browsers.
• T-Rex is focused on consumer blockchain infrastructure, with operations concentrated in Southeast Asia.
• Xai is building a Layer 3 chain using Arbitrum Orbit, intended to connect traditional PC games to blockchain features.
• Proof of Play is an on-chain game studio best known for Pirate Nation. The company is led by the co-creator of FarmVille and backed by a16z.
https://nftplazas.com/arbitrum-commits-10-million-to-blockchain-gaming-projects/
Abstract Chain TGE is expected on Q4
https://x.com/lorenzo_onx/status/1922375096573857867
Crypto and equities trading platform eToro announced today that its Nasdaq initial public offering saw "upsized" pricing of shares at $52 per share, reflecting stronger-than-expected demand.
The IPO is anticipated to raise approximately $310 million in capital for the company. With the IPO, eToro has a valuation of $4.2 billion.
https://www.theblock.co/post/354207/etoro-prices-nasdaq-debut-52-surpassing-expectations
Thailand’s Finance Ministry plans to issue 5 billion baht (about $150 million) worth of a new digital investment token within two months
The so-called G-Token is a digital token used to raise funds from the public under the current budget borrowing plan, although it isn’t a debt instrument.
https://www.bloomberg.com/news/articles/2025-05-13/thailand-to-issue-150-milllion-in-government-investment-tokens
The crypto market is growing
BTC Dominance - 60.76%
Market Cap - $3.39T
BTC - $103,556.98 (+1.64%)
ETH - $2,641.64 (+8.75%)
XRP - $2.55 (+4.67%)
BNB - $660.35 (+2.68%)
SOL - $180.14 (+7.58%)
SUI - $3.97 (+3.13%)
https://dropstab.com
Arbitrum plans to increase blockchain throughput by 100 times
https://blog.arbitrum.io/scaling-arbitrum-everywhere/
Binance has announced the 16th TGE on Binance Wallet with Privasea (PRAI) via PancakeSwap
Subscription: May 14, 2025, from 10:00 to 12:00 UTC
Starting from this TGE, eligible users need to use Alpha Points to participate
Additional 40,000,000 PRAI for upcoming campaigns — details coming soon
https://x.com/BinanceWallet/status/1922279506146164772
Wormhole was selected as the official interoperability partner for the newly launched VanEck Treasury Fund, via its partnership with Securitize
As the interoperability provider, Wormhole will power VBILL’s multichain accessibility across the Avalanche, BNB Chain, Ethereum, and Solana blockchains, as well as any additional chains added in the future.
https://wormhole.com/blog/securitize-announces-wormhole-as-official-interoperability-provider-for-vaneck-vbill
Aptos cofounder Mo Shaikh still owns ~98% of my APT tokens
https://x.com/moshaikhs/status/1921911934158324183
curve.fi DNS might be hijacked. Don't interact.
https://x.com/CurveFinance/status/1922069785795342654
Hong Kong crypto investment company Animoca Brands is planning to go public in New York.
https://www.ft.com/content/cebe6fb8-4aff-406e-8ece-ad131306f858
Radiant DAO community releases a proposal to "compensate for losses caused by unlimited authorization vulnerabilities"
https://community.radiant.capital/t/feedback-104-survey-remediation-of-unlimited-allowance-exploit-losses/2222
TRUMP Top Holders Dinner
Participants are selected, all TRUMP holders will receive NFTs.
https://x.com/GetTrumpMemes/status/1922004163980100077
The crypto market correction
BTC Dominance - 61.61%
Market Cap - $3.29T
BTC - $102,229.55 (-1.68%)
ETH - $2,438.76 (-3.12%)
XRP - $2.45 (+2.26%)
BNB - $645.52 (-1.69%)
SOL - $168.54 (-4.16%)
SUI - $3.87 (-6.35%)
https://dropstab.com
Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners
https://cointelegraph.com/news/tether-459-million-bitcoin-twenty-one-capital
Succinct Launches Stage 2 of Prover Network Testnet
https://x.com/SuccinctLabs/status/1922347891114295575
Injective yesterday hit an ATH in user activity and transactions
https://x.com/injective/status/1922378383972880889
Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars
https://cointelegraph.com/news/coinbase-invests-in-canadian-stablecoin-issuer
Crypto.com Reportedly Obtains Restricted Dealer Registration in Canada
https://www.crowdfundinsider.com/2025/05/239540-crypto-com-reportedly-obtains-restricted-dealer-registration-in-canada/
Securitize announced its first integration with BNB Chain to bring tokenized real-world assets to the blockchain
https://securitize.io/learn/press/Securitize-Brings-Tokenized-Real-World-Assets-to-BNB-Chain
👀Top Solana Memes by Price Bounce from April Dip
👉 DropsTab
Native USDC is now live on Sonic
https://x.com/circle/status/1922275647810052601
The HyperNode Network is live
https://docs.icn.global/icn-participation/stake-and-earn
YZi Labs launches EASY Residence, its 10-week in-person program for top Web3, AI, and healthcare founders
YZi Labs will invest $500,000 in each accepted startup; this investment is divided into two parts:
1. $150,000 for 5% equity (plus other rights if applicable) in the form of a Simple Agreement for Future Equity (SAFE).
2. An additional $350,000 on an uncapped SAFE at your next round post Demo Day.
https://x.com/yzilabs/status/1922168564590772701
Yakovenko: “There should be a meta blockchain. Post data anywhere, Ethereum, celestia, Solana, and use a specific rule to merge data from all the chains into a single ordering. This would actually allow the meta chain to use cheapest currently available DA offer.
Simple way to do this would be for the tx to reference the latest block headers from the potential DA layers. So MetaTX posted to Solana would included the last observed block form eth and celestia. This would mean it is guaranteed to be ordered after eth and celestia txs.”
https://x.com/aeyakovenko/status/1921938656924737602
Dubai Finance signs MoU with Crypto.com to enable cryptocurrency payments for government fees in pioneering global move
https://mediaoffice.ae/en/news/2025/may/12-05/dubai-finance-signs-mou-with-cryptocom
New York Mayor Calls on Crypto Companies to Develop Business in the City, Announces First Crypto Summit
At a press conference on May 12, he invited crypto companies to open offices in the metropolis and announced Crypto Summit NYC, which will take place next week.
https://www.coindesk.com/policy/2025/05/12/new-york-mayor-eric-adams-to-crypto-industry-come-build-an-empire-in-nyc
Coinbase to join S&P 500
Coinbase will replace Discover Financial Services in the S&P 500 effective prior to the opening of trading on Monday, May 19.
S&P 500 constituent Capital One Financial Corp. is acquiring Discover Financial Services in a deal expected to be completed soon, pending final closing conditions.
https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20250512-1478052/1478052_dfs5.pdf
Charles Hoskinson says Cardano wants to be the first blockchain with a privacy stablecoin
https://www.dlnews.com/articles/defi/cardano-founder-says-he-wants-to-create-a-privacy-stablecoin/