Dubai, United Arab Emirates, July 3rd, 2025, Chainwire
The Open Platform raises $28.5M in Series A equity funding round, showcasing investor confidence in TON’s ecosystem
- The equity round was led by Ribbit Capital, a leading fintech and crypto investor, with Pantera Capital also participating.
- The investment underscores strong confidence in The Open Platform’s continued development of the blockchain ecosystem in Telegram, being built on TON.
- The involvement of prominent investors and the raised capital will support the launch of TOP’s portfolio companies across the U.S., EU, and other key regions.
The Open Platform, the leading tech company developing TON-based innovations in Telegram, has announced the completion of its Series A and subsequent extension funding rounds, reaching a $1 billion valuation and becoming the first unicorn in the TON-based ecosystem in Telegram.
The Open Platform raised $28.5 million in an extended Series A funding round, led by Ribbit Capital, with Pantera Capital also participating. Including this latest raise and previous seed investments, The Open Platform has now secured over $70 million in total funding. These investments demonstrate the confidence that leading investors have in The Open Platform’s ability to spearhead the growth of the blockchain ecosystem in Telegram. This ecosystem is being built on TON Blockchain – a fully decentralized and highly scalable blockchain that is the exclusive blockchain partner of Telegram Messenger.
The current strategic focus of The Open Platform centers on geographical expansion. The involvement of prominent investors, along with the newly raised capital, will support the launch of TOP’s portfolio companies across the U.S., EU, and other key regions — in alignment with TON Foundation’s global vision. This expansion will involve significant investment in go-to-market strategies, regulatory licensing, compliance infrastructure, and security enhancements, all aimed at ensuring sustainable growth and long-term success in these new jurisdictions.
Andrew Rogozov, CEO and Founder of The Open Platform, said, “This investment supports our long-term strategy to scale the adoption of blockchain-based products by leveraging the power of Telegram as a distribution channel. By combining TON Blockchain with Telegram’s global reach, we’re building both the infrastructure and the consumer-facing apps needed to onboard a billion users to crypto.”
The Open Platform is driving the growth of the TON-based ecosystem within Telegram, building both core infrastructure and consumer-facing apps across finance, gaming, and entertainment. Products that The Open Platform has powered include Wallet in Telegram, a digital asset solution seamlessly embedded into Telegram’s interface; Tonkeeper, TON’s leading non-custodial crypto wallet; STON.fi, the leading swap dApp on TON and the developer of a liquidity aggregation protocol, Omniston; Getgems, TON’s foremost NFT marketplace; Tribute, a monetization platform for creators in Telegram; and Notcoin, a viral Tap-to-Earn game, along with many more products.
By integrating blockchain technology into everyday digital experience, The Open Platform is creating a seamless, scalable platform designed for a billion users, accelerating the mainstream adoption of crypto — expanding global access to financial services, and enabling a new generation of builders and developers to build the next wave of consumer dApps.
This latest investment from Ribbit Capital, which has previously provided early-stage investment to Coinbase, Nubank, and Revolut, amongst many others, and Pantera Capital, is a testament to the potential these investors see in the integration of blockchain technology into a messenger application with over a billion users.
Micky Malka, Founder of Ribbit Capital, said, “We back teams that reimagine how the world experiences money and technology. The Open Platform’s vision of building an intuitive and open platform that enables a robust digital ecosystem to form within Telegram — a platform used by hundreds of millions — opens a new frontier of opportunities for builders and users on a global scale.”
“We’re thrilled to back this exceptional team led by Andrew. The opportunity to support groundbreaking tech and financial products that reach 1 billion people is inspiring,” said Ryan Barney, Partner at Pantera Capital. ”We’re excited to collaborate with the TOP team and strengthen our commitment to TON and Telegram’s ecosystems.”
TON Blockchain has been the subject of increased institutional interest throughout this year. In March, TON Foundation announced that several leading investors, including Sequoia Capital, Ribbit Capital, Benchmark, Draper Associates, Kingsway, Vy Capital, Libertus Capital, CoinFund, SkyBridge, Hypersphere, and Karatage, have acquired and now hold $400 million worth of Toncoin, signaling growing interest in the TON-based ecosystem in Telegram.
About The Open Platform:
The Open Platform (TOP) is the leading tech company developing Web3 innovations in Telegram. TOP is fueling the Telegram economy through both foundational infrastructure and consumer-facing apps. By integrating blockchain technology into day-to-day digital experience, TOP is building a seamless, scalable platform designed for a billion users — accelerating the mass adoption of crypto.
For more information, users can visit: top.co
Stay connected on: LinkedIn | X | Telegram
Contact
Public Relations Manager
Anna Lebedeva
The Open Platform
a.lebedeva@top.team
Hong Kong, Hong Kong, July 3rd, 2025, Chainwire
Cooking.City, a recently introduced fair-launch platform, emphasizes ecosystem sustainability and long-term development. The project is backed by institutional investors including Jump and CMT Digital.
Today, Cooking.City fully launched, revealing its core mechanisms and points system to better align incentives between traders and developers while creating new ways to participate in on-chain launches.
Bringing Back Value Redistribution to Solana Fair Launches
Cooking.City is more than just another launchpad. It is a community-first platform focused on value redistribution instead of value extraction.
With Referral System, Cooking.City shares platform revenues with users. Referrers earn fee rebates and points based on their invitees’ trading activities. As the only launchpad which hasn’t launched its official token, Cooking.City aims to attract early users through highly-anticipated airdrops, encouraging interaction between traders and quality token launches.
Users can check the rules of rewards and point history on the dashboard every day. Top referrers and traders will receive significant reward multipliers to further amplify their future rewards.
Cooking Points: A Multi-Layered Incentive System
The Cooking Points system is now live. It rewards users who actively engage with the platform across multiple dimensions.
- Trading on Cooking.City: Higher trading volumes bring more points. And high market cap with healthy trading volume tokens are designated as Michelin Tokens, and trading them can offer bonus points multipliers.
- Referrals: Users can share referral codes and earn up to 10x points multipliers based on referred users’ trading activity.
- Social Quests: Liking, commenting, sharing official tweets, or using the #CookingCity tag unlocks additional point rewards.
Each user has a personal dashboard that updates daily. Points are retroactively calculated based on activity since launch and will be tied directly to future airdrop events.
Conviction Pool: A Capital-based Launch Feature to Signify Good Launch
Cooking.City’s Conviction Pool is a new mechanism that holds developers accountable and helps traders to tell quality launches from random ones.
- Developer Commitment: To opt in, developers can choose to deposit some SOL and set a price that signals their conviction in the token.
- Soft Price Protection: If the token graduates, the conviction pool will activate. If the price drops to a set level, users can swap their bought tokens into SOL from the conviction pool, acting like an insurance, establishing benchmarks for quality in the market. If the price does not fall below the set level, the developer can claim back the SOL from the conviction pool.
This design filters out low-effort launches, protects traders, and signals serious commitment from builders.
The Birthplace of Onchain Conviction
Cooking.City is creating a marketplace of convictions, allowing builders and investors to actualize and capture their faith through launches and trading. The launchpad is the first step towards its greater on-chain nation, effectively allowing more convicted projects to enter crypto through Cooking.City.
The team expects to diversify approaches of asset issuance and capital matchmaking through their evolving launch infrastructure and mechanisms.
About Cooking.City
Cooking.City is a pioneering platform designed to revolutionize token fair launches. By aligning values between builders, believers, and traders, Cooking.City creates new opportunities to reward quality launches and early support on token projects, encouraging builders and investors to grow together.
- Website: Cooking.City
- X: x.com/cookingcityHQ
- Gitbook: cooking-city.gitbook.io/docs/
Contact
Marketing team
marketing@cooking.city
Cayman Islands, Grand Cayman, July 2nd, 2025, Chainwire
Oasis Protocol Foundation Launches ROFL Mainnet: Verifiable OffChain Compute Framework Powering AI Applications
Positioned as the “Trustless AWS,” ROFL enables developers to build privacy-preserving consumer and finance applications by leveraging Trusted Execution Environments (TEEs)
Oasis Protocol Foundation, steward of the AI-focused and privacy-first Oasis Layer 1 blockchain, has announced the official mainnet launch of Runtime Offchain Logic (ROFL), a transformative new framework designed to enable developers to perform complex computations offchain while retaining blockchain-level trust, verification, and privacy.
ROFL bridges a critical gap in Web3: how to run intensive workloads, such as AI model training, inference, and data analysis, without sacrificing decentralization or trust. With ROFL, developers can execute resource-intensive operations off-chain within secure enclaves, then cryptographically verify and connect the results back to smart contracts on-chain, unlocking entirely new use cases across the AI and blockchain landscape.
“When we think about the future of our digital world, consumers will continue to value convenience and ease of use over anything,” said Jernej Kos, co-founder of Oasis Protocol Foundation. “Which is why it’s critical for developers to focus on building applications that already have privacy and transparency built into their infrastructure. ROFL is a production-ready platform that will serve as plug-and-play infrastructure for building the next wave of AI applications.”
Early Builders on ROFL Are Already Redefining What’s Possible
Two standout projects already building on ROFL underscore the platform’s versatility:
- Zeph, a privacy-first AI companion platform, utilizes ROFL to maintain user data confidentiality through trusted execution environments. In a space plagued by security concerns, a 2023 study in the Indian Journal of Psychological Medicine found 74% of companion apps posed “Critical” or “High” security risks. Zeph ensures sensitive data remains protected and verifiable.
- WT3, an autonomous AI agent for decentralized trading strategies, is leveraging ROFL to deliver fully private, trustless key management and trade execution. The project is funded with $100,000 in seed capital from the Oasis Protocol Foundation to accelerate development.
And the pipeline is just getting started. ROFL is designed to support a wide variety of future products, including game hosting, MCP servers, LLM oracles, price oracles, AI-powered chatbots, and more.
ROFL: A “Trustless AWS” for AI Applications
What sets ROFL apart is its integration with the Oasis TEE (Trusted Execution Environment) Cloud, a robust infrastructure offering developers a full end-to-end TEE-as-a-Service. This makes ROFL the “Trustless AWS” for AI applications, a white-label compute layer where developers can deploy powerful services with built-in privacy, trust, and scalability.
By combining blockchain’s integrity with the processing power of offchain computation, ROFL offers a breakthrough solution to two of today’s biggest tech challenges: the blockchain ecosystem’s limited application layer and AI’s pervasive trust issues.
Builders can start exploring how to leverage ROFL at the oasis.net/rofl-deck.
About Oasis Protocol Foundation
Oasis Protocol Foundation is a steward of Oasis Network, a Layer 1 blockchain platform focused on privacy, scalability, and versatility. It offers the first production-ready confidential EVM (Ethereum Virtual Machine), Sapphire, enabling privacy-preserving smart contracts and decentralized applications. The network is expanding its focus to include AI applications, positioning itself at the intersection of blockchain, privacy, and artificial intelligence.
Contact
Senior PR Manager
Wahaj Khan
Serotonin
wahaj@serotonin.co
Castries, Saint Lucia, July 2nd, 2025, Chainwire
PrimeXBT, a leading multi-asset broker, has launched its latest promotion, ‘Trade as VIP’, granting all newly registered users instant access to VIP 2 status for 30 days. As part of the platform’s tiered system, VIP levels reward traders with reduced fees, tighter spreads, and exclusive platform benefits. For a limited time, new users can experience these professional-grade conditions from the moment they join, without needing to meet any trading volume thresholds.
Running from July 1 to August 31, 2025, the campaign is designed to remove entry barriers for new traders by automatically upgrading every new account to VIP 2. On the Crypto Futures platform, this unlocks almost 70% reduction in taker fees, dropping from the standard 0.045% to just 0.015%. In the coming weeks, VIP 2 users will also benefit from up to 30% discounts on spreads across Forex and CFDs on Stocks, Commodities, Indices, and Crypto on PXTrader.
In addition to improved trading conditions, VIP 2 status also provides priority customer support, instant withdrawals, and higher withdrawal limits, enhancing the overall trading experience across both platforms.
According to PrimeXBT, the campaign delivers real value by giving new traders access to some of the best trading conditions in the industry. From day one, the broker empowers users to start stronger, trade smarter, and build early momentum, combining cost-efficiency with a professional-grade experience designed to support their trading journey.
PrimeXBT ranks among the lowest-cost options on the market, outperforming major platforms in fee efficiency. For example, a $1,000,000 Bitcoin trade under VIP 2 would generate $300 in savings compared to standard fees. These savings scale significantly with volume, helping both casual and active traders reduce trading costs without compromising execution quality.
With meaningful savings and access to top-tier tools and conditions, PrimeXBT is lowering the cost of entry while raising the standard of what new traders can expect. This campaign reinforces the broker’s ongoing commitment to making high-performance trading more accessible, empowering, and competitive for all.
To learn more, users can visit PrimeXBT.
About PrimeXBT
PrimeXBT is a global multi-asset broker trusted by over 1,000,000 traders in 150+ countries, offering a next-generation trading experience that bridges traditional and digital finance. Clients can trade CFDs on Stocks, Indices, Commodities and Crypto, as well as Crypto Futures and Forex. PrimeXBT also enables clients to buy and sell cryptocurrencies, store them in secure built-in wallets, and instantly exchange crypto to crypto or fiat to crypto, all within one integrated environment. Since 2018, PrimeXBT has made investing more accessible by lowering barriers to entry and providing secure, easy access to financial markets. This accessibility extends across its native web and mobile platforms, MetaTrader 5, and a variety of funding options in crypto, fiat, and local payment methods. Committed to putting clients first, PrimeXBT empowers traders of all levels with innovative tools and industry-leading conditions, delivering a better way to trade.
Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. Some services or products may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
Contact
PrimeXBT
pr@primexbt.com
Hong Kong, Hong Kong, July 2nd, 2025, Chainwire
AI-powered web3 platform CorgiAI has announced the launch of PAWS, a community-led initiative inviting the Cronos community to submit strategic proposals for improving the Cronos chain ecosystem. The campaign gives participants the opportunity to share their insights and recommendations for enhancing the Cronos ecosystem.
To maximize participation and proposal quality, PAWS will take the form of an incentivized program. During the course of the campaign from 2 – 16 July, the top 10 contributors will be selected based on proposal quality and impact. AI messenger Corgi President will evaluate submissions based on a range of criteria including innovation, feasibility, technical merit and potential ecosystem impact.
The event is designed to directly engage the community in the development of Cronos. Inviting Cronos users and builders to share their insights enables them to voice their ideas and have a say in the future direction of its growing ecosystem. Anyone who holds $CORGIAI can participate in the event, using their tokens to submit proposals here: https://corgiai.xyz/chat/ptw/
Gwyn, founder of CorgiAI said: “PAWS layers on an AI engine that listens to every community insight, scores each submission and surfaces the gems. It’s the simplest way to turn collective intelligence into concrete upgrades. Our Corgi President AI evaluates each proposal on merit, but the creativity comes from Cronos users themselves. Together we’re building a feedback loop where great ideas rise quickly and Cronos keeps setting the pace for user-centric chains”
“The Cronos network has improved greatly over the past year, aided by infra developments that have slashed gas fees by 10x and reduced block times by a corresponding amount to deliver sub-second performance. Now it’s time to match that technical progress with user-driven innovation — and that’s exactly what PAWS is here to unlock.”
The use of the Corgi President AI messenger allows for timely responses to proposals, keeping community members informed every step of the way. Not only does this system provide a forum for Cronos users to express their ideas, but it empowers Cronos developers and builders who can contribute their own ideas for improvements.
CorgiAI’s previous campaigns have attracted significant network-wide interest including “Who’s POTUS,” which tasked users with predicting the outcome of the US presidential election, and AI agent game Bark4Bonus. The PAWS campaign is open to $CORGIAI token-holders, who currently number around 50,000, and who have staked more than 10 billion tokens onchain.
The PAWS campaign will provide an efficient system for gathering community proposals and spotlighting ideas that have the potential to strengthen the Cronos network. This will help to improve the Cronos ecosystem, giving core developers an insight into areas for improvement and strengthening Cronos for the benefit of all users.
About CorgiAI
Corgi AI is the leading community memecoin on Cronos and a top 20 memecoin by market cap across all chains. Backed by Cronos Labs as part of the Cronos Accelerator Program, CorgiAI is creating a growing ecosystem of AI products powered by its native token that provides new opportunities for community engagement.
Learn more: https://corgiai.xyz/
Contact
Market Across
pr@marketacross.com
VIENNA, Austria, July 2, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the official launch of the Bybit.eu website, a dedicated platform designed exclusively for users in the European Economic Area (EEA). Operated by Bybit EU GmbH, a fully licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), the launch marks a major milestone in Bybit’s mission to provide secure, transparent, and fully compliant digital asset trading in Europe.
From its headquarters in Vienna, Austria, Bybit EU GmbH has passported its MiCAR license to “29 EEA” countries, offering more than 450 million Europeans access to regulated crypto services — all under a single trusted platform.
“Bybit.eu is our long-term commitment to Europe,” said Mazurka Zeng, Managing Director and CEO of Bybit EU GmbH. “Europe deserves a world-class crypto gateway that balances technology with robust regulatory standards. That’s exactly what Bybit EU delivers.”
Bybit.eu: Tailored for European users
Bybit.eu is purpose-built to meet MiCAR’s rigorous requirements for investor protection, operational transparency, and strong capital reserves. The platform offers:
- A brokerage platform with deep liquidity sourcing from multiple liquidity providers and advanced trading tools backed by Bybit’s global scale
- Localized user experience and customer service in major European languages
- 24/7 multilingual support, with live assistance in English, Polish, Portuguese, and Spanish — and upcoming rollouts in German, French, Italian, and Romanian
- VIP account management for high-volume traders, tailored to regional needs
With a user-centered approach, Bybit EU GmbH plans to expand its presence on the ground with new regional offices across France, Germany, Spain, and Italy, complementing its current hubs in Vienna (Bybit EU GmbH) and Amsterdam (Satos B.V.).
Designed for compliance building confidence
European users onboard through Bybit.eu, ensuring full alignment with MiCAR and the highest standards of regulatory adherence. Bybit EU GmbH operates with:
- Transparent operations and regular regulatory reporting
- Full compliance with EU anti-money laundering laws.
- Strict adherence to GDPR and data privacy regulations
Empowering Europe’s Crypto Future
Bybit is also investing in local communities, talent, and innovation. The company aims to serve as a trusted partner for blockchain developers, institutions, and retail users, helping Europe shape the future of digital finance.
“Our goal is to become a catalyst for crypto adoption in Europe,” said Mazurka Zeng.
#Bybit / #BybitEU / #MiCAR
About Bybit EU
Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA”*” except Malta) via the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products and more, in full compliance with European regulations for investor protection and market integrity.
Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR), authorized to offer the following services to residents of the European Economic Area (except Malta):
- providing custody and administration of crypto-assets on behalf of clients;
- exchange of crypto-assets for funds;
- exchange of crypto-assets for other crypto-assets;
- placing of crypto-assets; and
- providing transfer services for crypto-assets on behalf of clients.
Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice.
Media Contact: press@bybit.com
Sheridan, Sheridan, July 2nd, 2025, Chainwire
R0AR, a decentralized finance (DeFi) platform, has announced the listing of its native token, $1R0R, on the cryptocurrency exchange MEXC. This milestone marks a significant step in making $1R0R more accessible to traders worldwide, following its successful debut on BitMart just weeks ago.
The $1R0R token, built on the Ethereum ERC-20 network, powers R0AR’s unified ecosystem, which includes the R0AR Wallet, R0ARchain (a high-speed, low-cost Ethereum Layer 2), and the upcoming AI-driven R0ARacle. This listing on MEXC, known for its high liquidity and user-friendly platform, enables both new and seasoned investors to trade $1R0R with ease, unlocking opportunities for staking, farming, and advanced trading insights.
Key Highlights of the MEXC Listing:
- Trading Pair: $1R0R/USDT, offering seamless trading with high liquidity. https://www.mexc.com/exchange/1R0R_USDT?_from=search
- Availability: Trading is live as of June 27, 2025, with deposits and withdrawals fully supported.
- Accessibility: MEXC’s global reach, serving over 40 million users across 170+ countries, ensures $1R0R is available to a diverse audience.
- Community Focus: R0AR’s community-driven approach empowers users with institutional-grade tools without complexity, delivering privacy and control.
“This listing on MEXC is a game-changer for R0AR and our community,” said Dustin Hedrick, Co-Founder & CTO for R0AR. “By partnering with one of the world’s leading exchanges, we’re making DeFi smarter, safer, and more inclusive. We invite everyone to join the R0AR movement and trade $1R0R on MEXC today.”
MEXC’s reputation for rapid token listings and deep liquidity makes it an ideal platform for $1R0R’s global expansion. According to recent reports, MEXC leads the industry with over 461 spot listings and a trading volume exceeding $2 billion daily, ensuring robust market access for $1R0R.
Users Can Get Started: Signing up on MEXC, completing KYC, and starting trading $1R0R today at https://www.mexc.com/exchange/1R0R_USDT?_from=search.
What’s Next for R0AR
The MEXC & BitMart CEX listings are just the start. R0AR’s roadmap includes the following:
- Full Platform Launch: An all-in-one dashboard for staking, farming, and liquidity management. r0arplatform.io
- R0ARacle Activation: Real-time AI-powered market insights to rival institutional tools.
- Expanded Listings: More CEX & DEX partnerships to broaden access from current CEXs-MEXC, BitMart DEXs-Uniswap, Pancake, sushi, & balancer
- Innovations: NFT integrations and tokenized real-world assets (RWAs).
“We’re building the future of DeFi with our community,” Dustin Hedrick, Co-Founder & CTO. “This is your platform, your token, your moment.”
R0AR Platform: https://www.r0ar.io/platform.
How to use the r0ar Platform : https://www.youtube.com/playlist?list=PL9NGvnQ0OI2FM2VTtZrjqnxxgdKvz62F-
R0AR Homepage: https://www.r0ar.io/
Telegram: https://t.me/r0ar_community
About R0AR
R0AR is a trailblazing DeFi platform designed to make decentralized finance intuitive, secure, and powerful. With a unified ecosystem featuring the R0AR Wallet, R0ARchain, and the forthcoming R0ARacle, R0AR empowers users with seamless access to staking, farming, and advanced trading tools. Users can join the movement at r0ar.io.
About MEXC
Founded in 2018, MEXC is a global cryptocurrency exchange serving over 40 million users in 170+ countries. Known for its low fees, high liquidity, and frequent token listings, MEXC is committed to being “Your Easiest Way to Crypto.”
Contacts
Chief Technology Officer
Dustin Hedrick
r0ar
contact-us@r0ar.io
Chief Development Officer
Brandon Billings
r0ar
contact-us@r0ar.io
Austin,, Texas, United States, July 1st, 2025, Chainwire
Positioned to Be Debt-Free and Cash Flow Positive Heading Into 2026
Beeline Holdings, Inc. (Nasdaq: BLNE), the fast-growing digital mortgage platform redefining the path to homeownership, today announced it has raised $6.5 million in fresh capital the last week of June through a combination of its At-The-Market (ATM) and equity line of credit (ELOC) programs during the final week of June.
In parallel, the company aggressively reduced its debt by a total of $5.3 million during the first half of 2025—$1.3 million in Q1 and $4.0 million in Q2—bringing total debt owed to third parties down to just $2.3 million (not including its subsidiary’s mortgage warehousing line). The company ended the quarter with over $6 million in cash.
“These moves mark a defining moment for Beeline,” said Nick Liuzza, CEO of Beeline. “We’ve faced a tough macro environment over the last few years, but we stayed disciplined, focused, and innovative. Now, with interest rates expected to trend lower, we’re in our strongest financial position ever—bolstered by new equity offerings and the momentum building within our SaaS arm, Beeline Labs.”
As of March 31, 2025, the company reported approximately $40 million in shareholders’ equity.
“We’re currently trading at just 30% of book value,” added Chris Moe, CFO of Beeline. “At some point, the market will reflect the fundamentals. But for now, our priority remains executing on the business—becoming debt-free and achieving positive cash flow.”
With inflation cooling and the Federal Reserve signaling potential rate cuts as early as Q3—fueled by political pressure and economic indicators—Beeline sees significant upside in both its mortgage origination engine and scalable SaaS infrastructure.
About Beeline Financial Holdings, Inc.
Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the lowering of interest rates, the potential for both of the company’s real estate business lines, and the market reflecting the company’s fundamentals . Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the possibility that estimates, projections and assumptions on which the forward-looking statements are based prove to be incorrect, including the continued strength of the U.S. economy, reduced inflation rates, the future of U.S. tariff policy, and the success of the company’s home equity program. See also the Risk Factors contained in our Form 10-K filed April 15, 2025 and other filings with the Securities and Exchange Commission. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Investor Relations – Contact
Media – Contact
Contact
IBN
www.InvestorBrandNetwork.com
Editor@InvestorBrandNetwork.com
Grand Cayman, Cayman Islands, July 1st, 2025, Chainwire
Boba Governance Foundation today announced a significant milestone with a $70 million capital commitment secured from Awaken Foundation and LDA Capital to fund the continued development and ecosystem expansion of Boba Network, the leading Layer-2 blockchain for AI-powered decentralized applications (dApps), enabled by its unique HybridCompute technology. The Foundation also announced an agreement with FTX Recovery Trust regarding the BOBA tokens held by the Trust.
The $70 million capital infusion will serve as a catalyst for Boba Network’s ambitious growth plans. The funding will be strategically allocated to bolster the network’s core infrastructure, expand its developer ecosystem, and foster the creation of innovative decentralized applications (dApps) on the platform, with a particular focus on enabling AI-powered dApps.
“This funding will accelerate the development of the Boba Network ecosystem, attract top-tier talent, and drive the widespread adoption of Boba Network as a premier Layer-2 solution for AI-powered dApps. We are excited to collaborate with Boba Network partners to shape the future of the AI-powered, decentralized web,” said Alan Chiu, CEO of Enya Labs, a core contributor to Boba Network.”
“This substantial capital commitment from Awaken Foundation and LDA Capital is a testament to the transformative potential of Boba Network,” said David Acutt, director of Boba Governance Foundation.
Awaken Foundation, a key advocate for decentralized infrastructure and digital sovereignty, sees Boba Network as a critical component in the next phase of Web3 evolution.
“We are thrilled to support the Boba Governance Foundation in its pursuit of open innovation,”said Nattaphol Vimolchalao, Director at Awaken Foundation. “Boba’s ability to connect smart contracts with off-chain computation—especially AI—unlocks enormous potential across industries.”
LDA Capital, known for backing high-growth tech ventures and digital asset ecosystems, echoed that sentiment.
“Boba Network is building essential infrastructure for the future of decentralized computation,” said Warren Baker, Managing Partner at LDA Capital. “We believe Boba will play a pivotal role in scaling the next generation of intelligent dApps, and we’re proud to support their mission as they push the boundaries of what’s possible in blockchain technology.”
The strategic partnership with Awaken Foundation and LDA Capital goes far beyond financial support. It represents a powerful alignment of vision, expertise, and global reach. Leveraging deep industry knowledge, business development capabilities, and an extensive network of strategic partners, both firms are uniquely positioned to accelerate Boba Network’s growth. This collaboration is set to strengthen Boba’s leadership in blockchain innovation and drive its next phase of global expansion. In addition, LDA Capital offers differentiated value through LDA Velocity, its institutional-grade liquidity and market-making platform that supports healthy, scalable token ecosystems across global exchanges.
Key Areas of Investment
- Infrastructure Enhancement: The funding will be used to strengthen Boba Network’s infrastructure, ensuring high throughput, low latency, and robust security for users and developers.
- Ecosystem Expansion: A portion of the capital will be dedicated to expanding the Boba Network ecosystem by attracting developers, projects, and users through grants and educational initiatives.
- dApp Development: The funding will support the creation of innovative dApps on Boba Network, with a strong emphasis on AI-powered dApps, ranging from decentralized finance (DeFi) protocols to real-world assets (RWA) applications.
- Community Engagement: Boba Governance Foundation will continue to foster a vibrant and engaged community by providing resources, support, and opportunities for collaboration.
Resolution with FTX Recovery Trust
In addition, Boba Governance Foundation has executed an agreement with FTX Recovery Trust whereby all the BOBA tokens held by the Trust have been transferred to the Foundation. FTX Recovery Trust, in addition to other consideration and mutual release of claims, received the right to purchase up to approximately 29.4M BOBA tokens from Boba Governance Foundation at $0.09 per token within the next 18 months.
“This agreement represents a momentous milestone for Boba Network, as it removes a major source of uncertainty over the BOBA token and strengthens the Foundation’s ability to support the continued development of Boba Network and its ecosystem,” said Acutt.
About Boba Governance Foundation
Boba Governance Foundation is a non-profit organization dedicated to the advancement and growth of Boba Network. It supports the development of the network’s technology, fosters community engagement, and promotes the adoption of Boba Network across various industries. Boba Network is the leading Layer-2 blockchain for AI-powered decentralized applications (dApps), enabled by its unique HybridCompute technology.
About Awaken Foundation
Awaken Foundation is a private investment firm founded by seasoned crypto, venture capital, and public market investors. The firm seeks to invest in established blockchain protocols to help further develop its technology. Awaken provides strategic capital, accelerated business development, and engineered exits for protocols that Awaken believes have a promising future in the modern economy.
Users can visit awakenfoundation.xyz for more info.
About LDA Capital
LDA Capital is a global alternative investment group with expertise in cross-border transactions worldwide. The team has collectively executed over 350 transactions in both the public and private middle markets across 43 countries with aggregate transaction values of over USD $11 billion. LDA’s investment activities across Web3 include 27+ transactions totaling $400m+ in capital commitments.
Users can learn more at ldacap.com
Contact
press contact
press@boba.network
New York, NY, USA, July 1st, 2025, Chainwire
The largest prediction market on Base, limitless.exchange, today announces the closure of $4M in fresh funding in a strategic round and welcomes Arthur Hayes as an advisor alongside an investment from his family office, Maelstrom.
The funding follows a prior $3M pre-seed round led by 1confirmation, and comes after the team found breakout demand for short term prices markets on assets like BTC, which are similar in nature to 0DTE options but a much easier way to trade and feature even shorter dated expiries such as hourly, racking up over $250M in volume soon after launch.
This brings Limitless’ total funding raised to $7M, backed by Coinbase Ventures, 1confirmation, Maelstrom, Collider, Node Capital, Paper Ventures, Public Works, Punk DAO, and WAGMI Ventures, as well as individual investors via the Base Ecosystem Fund group on Echo.
In preparation for an upcoming TGE, the team today launched a points program targeted at prediction market enthusiasts who can get skin in the game by using the product, providing liquidity, and referring their friends to join the platform.
Limitless seems likely to become the first major prediction market platform to launch a token and distribute an airdrop to its early customers, marking a notable opportunity for retail traders.
The team also just introduced a new mobile-first trading experience that enables people around the world to seamlessly wager on their favorite assets’ performance in the next hour or day.
“The future of trading is easy, fast, and powered by an army of token holders. We’re excited to bring this vision to reality,” said CJ Hetherington, CEO at Limitless Labs.
About Limitless
Limitless is the largest prediction market on Base with over $250M bet on unique contracts that allow users to wager on the performance of their favorite assets in the next minutes, hour or day – a net new, easy way to trade for casual users.
Contact
CEO
CJ Hetherington
Limitless Labs
cj@limitless.network