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Grayscale Investments submitted a confidential draft registration statement to the SEC on July 14, signaling its intent to go public. The filing follows recent crypto IPO successes like Circle’s 500% stock increase.
According to a new report from Dune Analytics, over 85% of transactions now occur on Layer 2s, though Ethereum’s mainnet continues to settle the vast majority of all value transferred.
Sonnet BioTherapeutics, Inc. has agreed to merge with Rorschach I LLC to become Hyperliquid Strategies in a deal worth $888 million.