News
22 Jan 2026, 17:03
Superstate to build a compliant on-chain issuance layer after $82.5M raise

Superstate has raised $82.5 million in Series B funding to develop a full on-chain issuance layer for United States Securities and Exchange Commission-registered equities. Bain Capital Crypto and Distributed Global co-led the latest round, joined by a long list of strategic participants including Haun Ventures, Brevan Howard Digital, Galaxy Digital, ParaFi Capital, Bullish, 1kx, Road Capital, and Sentinel Global, Superstate said in Jan 22. X post . Following the latest round, Superstate’s total disclosed funding has now surpassed $100 million since its launch in 2023. “This year, tokenization will catalyse the transformation of capital markets,” Leshner said in a statement, adding that the company plans to use the fresh capital to expand its legal, engineering, and institutional finance teams. Superstate expands beyond tokenized treasuries Superstate currently manages over $1.23 billion in assets across two regulated investment products, namely the US Government Securities Fund and the Crypto Carry Fund. The company’s roadmap, however, stretches far beyond yield-bearing funds. Superstate is accelerating efforts to roll out an on-chain issuance layer purpose-built for SEC-registered equities. It plans to enhance both its transfer agent platform and “Opening Bell,” its flagship tokenized equity issuance platform, to handle larger workflows and distribution pipelines. As a registered transfer agent, Superstate manages real-time records of share ownership and automates settlement processes, enabling IPOs and secondary trading without traditional intermediaries by using blockchain rails. In late 2025, Superstate’s Opening Bell platform began supporting Direct Issuance Programs, allowing public companies to issue tokenized shares directly to investors. These shares carry the same governance and economic rights as traditional stocks but are delivered on-chain, with investors paying in stablecoins and receiving digital securities without the need for underwriters. Notably, Galaxy Digital and SharpLink have already tokenized their shares via Superstate’s infrastructure, while Solana-native firm Forward Industries became one of the first companies to issue registered equity directly on-chain using Opening Bell. Superstate is also collaborating with exchange partners like Backpack to enable secondary trading for these natively-issued assets. An increasingly competitive market Across the globe, market capitalisation of tokenized Treasury products has surged from under $200 million in early 2024 to nearly $7 billion by the end of 2025, a nearly 50x increase in under two years. Industry heavyweight BlackRock has been a key player, with its USD Institutional Digital Liquidity Fund (BUIDL) surpassing $2 billion in assets by offering daily on-chain yields from short-term government bonds. However, Superstate’s compliance-first approach and legal parity with traditional securities position it uniquely among infrastructure providers. The post Superstate to build a compliant on-chain issuance layer after $82.5M raise appeared first on Invezz
22 Jan 2026, 17:02
Superstate Raises $82.5 Million, Cashing in on Wall Street's Tokenization Bonanza

Crypto startup Superstate helps Wall Street firms bring assets on-chain—a trend that has exploded as traditional finance and crypto converge.
22 Jan 2026, 17:02
What’s Next for Zcash After Electric Coin Company Exodus and New CEO?

Analysts told Decrypt that though network activity for the privacy coin is far below its peak, offshoot projects show promise.
22 Jan 2026, 17:01
'PGA Tour Rise' Mobile Golf Game to Launch on Skale's Base Network

Blockchain game PGA Tour Rise is set to be one of the first major apps to launch on Skale’s new layer-3 network on Base.
22 Jan 2026, 17:00
Crypto’s Q4 Weakness Mirrors Pre-Rebound 2023: Analysts

Bitwise’s take on the final months of 2025 reads like a careful, hopeful note rather than a loud market call. Momentum on the chains rose even as prices stalled, and that gap is exactly what has traders talking. Some think it marks a bottom. Others say it’s too soon to be sure. Related Reading: Trove’s New Token Craters 95%, Sparking Investor Revolt Crypto: On-Chain Activity Surges According to Bitwise, Ethereum activity and layer-two transactions climbed to new highs, and decentralized trading grew markedly. Stablecoin supplies also swelled, with the total market cap passing the $300 billion mark in Q4. Reports note that decentralized exchange volumes at times matched or exceeded those of major centralized venues. These are hard numbers. They are signs that real use and liquidity are expanding under the surface. The latest Bitwise Crypto Market Review just dropped—and it’s the most important one we’ve ever published. Why? Because it shows a tension in crypto markets that has historically signaled a bear-market bottom (see Q1 2023). Receipts: During Q4 2025… – ETH’s price fell 29% …… — Bitwise (@BitwiseInvest) January 21, 2026 Why Prices Have Lagged Bitwise’s chief investment officer, Matt Hougan, compared this setup to early 2023 when prices trailed rising fundamentals before a significant rebound took hold over the following two years. The comparison makes sense on paper. Price can be stubborn. Market psychology often lags behind on-chain realities, and traders sometimes wait for a clearer macro story before committing capital. Fundstrat’s Tom Lee offers a counterpoint, saying the year could be bumpy until late, with tariffs and political tensions weighing on risk appetite. That view keeps many investors cautious. Crypto, Stablecoins And DeFi At The Center According to market data, flows into stablecoins accelerated, and fund inflows to crypto firms outpaced several other sectors in the stock market. DeFi use was no longer a niche metric; it was central to the Q4 narrative. “That’s the type of divergence you get at the bottom of bear markets, when sentiment is down but fundamentals are up,” Hougan said. Some infrastructure firms reported rising revenues. At the same time, trading volumes remained muted compared with the peaks seen earlier, which helps explain the mismatch between on-chain strength and sideways price action. Related Reading: Bitcoin’s Sharp Reversal Leaves Over $800 Million Liquidated In 1 Day Why This Might Matter For 2026 Bitwise highlighted 10 broad indicators it sees as health signs for the market, ranging from transaction counts to custody and fee trends. Progress on regulatory clarity was also flagged. Reports say the Clarity Act could change how stablecoins are treated in the US, and a new US Federal Reserve chair could shift policy in ways that matter for risk assets. Bitwise sees Q4 as a quiet period where things were improving behind the scenes, even if prices didn’t show it. The firm says this kind of gap between price and activity has happened before big rebounds. It doesn’t mean a rally will happen right away, but the market could be setting itself up for a stronger year ahead. Featured image from Unsplash, chart from TradingView
22 Jan 2026, 17:00
Ethereum Price Analysis: ETH Drops to $3,100 as Market Cap Drops 15% Over 6 Months

Ether is in a recession stage. The asset has since slowed down following a good beginning in 2025 as capital shifts towards less expensive tokens with better upside propositions. This change is something that traders are keeping a keen eye because the greater market is gearing towards the next cycle. Ethereum (ETH) Ethereum is traded at approximately $3,100 as of a market cap of approximately 375B. The asset is still the foundation of smart contract infrastructure, but its size is no longer a technology of explosive growth. The big cap postures are the focus of institutional and long-term investors who seek a steady posture rather than thriving multiples. ETH encounters strength in the areas of approximately $3,450 and $3,620. This area has shunned a number of attempts to reclaim bullish energy. Analysts feel that ETH can revive to the 4,000 level at the peak market periods, and the forward return profile is not that high. Such projections suggest a range of 1.3x to 1.8x growth in 2026-2027. This is good in the long run, but not very competitive in the eyes of long term investors who require greater upside on their investment. Mutuum Finance (MUTM) Mutuum Finance (MUTM) is a new project that is developing a decentralized lending protocol. Users will be in a position to provide assets and earn yield or post collateral to borrow without selling long-term holdings. This invites traders in bull markets as they seek to have liquidity to switch out into new investments as they remain exposed to core. Based on the official X-announcement of the project , the V1 protocol is currently preparing to be deployed to testnet before being staged to mainnet in 2026. V1 is considered to be the key catalyst since it brings usage data. Upon its birth, borrowing, lending, repayment and liquidation events will be starting to influence the models of valuation. Presale Data, Participation and Analyst Outlook MUTM is structured presale and Phase 7 is active at a token price of $0.04. Over 18,800 holders have positioned and more than $19.8M was raised. The pre-sale commenced in early 2025 and the token has jumped over 300 percent compared to the first phase. The announced initial price is $0.06 that puts existing players in predetermined positive ground. Mutuum Finance also launched a 24-hour leaderboard that earns the best daily purchaser $500 in MUTM. This has boosted daily participation particularly by new wallets that enter the distribution stage. Several analysts of the lifecycle behavior in new crypto track the opinion that MUTM will get to $0.28 to $0.36 in its first utility cycle. This is a 7x increase in Phase 7 pricing, in case of expected usage increases. Stablecoins, Oracles and Security Infrastructure Once the protocol is live, stablecoins should be a significant factor. Borrowers usually want to repay in stable units as they do not have to pay fluctuating costs of repayment. This is like the lending process in conventional finance and encourages repetitive borrowing. The basis of collateral pricing will be on oracle integration. Chainlink feeds will be utilized by Mutuum Finance with fallback sources to assist with correct liquidation triggers. Lending markets require the accuracy of oracles. In case of volatility and liquidation fails, protocol solvency is degraded. This has been done in terms of security in more than one way. The project underwent a complete code audit on Halborn Security. CertiK scored the MUTM token 90 out of 100 in its token scan and there is a bug bounty of $50,000 that will be paid to find vulnerabilities before mainnet. All these elements of infrastructure make the distinction between MUTM and speculative meme tokens and place it as a utility-focused new top crypto asset in 2026. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance

















































