Web3 8amCoffee

Stripe's Tempo blockchain raises $500 million and hires a prominent Ethereum developer, signaling a large-scale expansion of its Web3 ambitions. The capital injection strengthens the Stripe-linked network’s ability to build infrastructure and bring experienced Ethereum talent in-house. The move combines significant funding with a high-profile technical hire to accelerate development and deployment on the Tempo chain.

YouTube creator MrBeast files a trademark covering a cryptocurrency exchange and a payments service, indicating preparation for a branded entry into digital asset trading and transaction processing. The filing points to plans that span consumer-facing crypto trading functionality alongside payment capabilities, positioning the influencer’s brand for potential activity across both exchange operations and crypto payments.

Astra Nova raises $48.3 million to build out an entertainment ecosystem that blends Web3 and AI, with funding aimed at advancing platform development and content initiatives. The project targets experiences that integrate blockchain participation and AI-driven interactivity across gaming and media, seeking to scale tools, titles, and community features around its combined Web3-AI model.

Huobi founder Li Lin is set to lead a $1 billion Ether-focused treasury firm backed by prominent Asia-based crypto pioneers. The initiative centers on managing and deploying ETH at scale, aligning executive leadership with a mandate to handle treasury operations and capital allocation around the Ethereum asset. The move underscores continued institutional efforts to structure large ETH holdings.