Web3 8amCoffee

Chainlink partners with SBI Group to advance the development and deployment of tokenized assets and stablecoins within Japan. The collaboration targets expansion of infrastructure and services to support digital asset tokenization and stablecoin use in Japanese markets.

Grayscale files regulatory paperwork to convert its Avalanche Trust into an exchange-traded fund. The move aims to provide investors with ETF-style exposure to Avalanche through Grayscale's product lineup.

A medical device firm pivots part of its treasury to the Solana blockchain and outlines a $400 million treasury plan, triggering a sharp rise in its stock price. The company frames the Solana move as central to its treasury strategy and investor communications.

DeepSeek releases version 3.1 and emerges as a stronger open-source contender against OpenAI's recent comeback. The update positions DeepSeek as a notable option in the open-source model landscape.

AUSTRAC orders a formal audit of Binance Australia in response to anti-money-laundering concerns. The regulator requires a review of the exchange’s AML compliance and related controls. The action marks a clear escalation in oversight of a major crypto platform operating in Australia and underscores heightened regulatory attention on firms within the web3 and crypto sector.