REX-Osprey to Launch First U.S. XRP ETF as Nvidia Faces China Antitrust Probe

China Regulator Says Nvidia Breached Antitrust Law in Mellanox Deal, Faces Fines on $17 Billion China Revenue

China’s antitrust regulator said a preliminary probe found Nvidia violated anti-monopoly law, tied partly to conditions from its 2020 Mellanox acquisition. The investigation, seen as retaliation for U.S. chip curbs, could expose Nvidia to fines of up to 10% of annual sales. China generated $17 billion in revenue for Nvidia last year, making the case significant as U.S.-China tensions over AI chip access intensify. Nvidia’s shares dropped 2% in pre-market trading following the announcement.

Polkadot DAO Passes Supply Cap at 2.1 Billion DOT, Ending Unlimited Issuance and Signaling Greater Scarcity

Polkadot DAO approved Referendum 1710 to cap DOT supply at 2.1 billion, replacing its unlimited issuance model that minted 120 million tokens annually. The new framework introduces a two-year inflation schedule, lowering long-term emissions and increasing token scarcity. By 2040, DOT supply is projected at 1.91 billion under the cap versus 3.4 billion without it. Despite the move, DOT slipped 2.2% to $4.32 in the past 24 hours, though it remains up nearly 10% over the week with a $6.6 billion market cap.

London Stock Exchange Launches Blockchain Platform to Tokenize Private Funds, Marks Shift Toward Onchain Finance

London Stock Exchange launched a blockchain platform, Digital Markets Infrastructure, to let private funds issue and settle tokenized assets while staying within regulations. Bermuda-based MembersCap already used the system for its tokenized MCM Fund 1. The rollout is part of a broader move toward tokenized finance as major firms adopt onchain technology to streamline issuance, trading, and settlement, with the real-world asset sector projected to reach $30 trillion by 2034.

Michael Saylor’s Strategy Boosts Bitcoin Holdings to 638,985 BTC Worth $73 Billion After $60 Million Purchase

Strategy, co-founded by Michael Saylor, added 525 Bitcoin for $60 million at an average price of $114,562, bringing its total holdings to 638,985 BTC worth over $73 billion. Since its initial $250 million Bitcoin purchase in 2020, the firm has consistently expanded its treasury strategy, making it one of the largest corporate holders of Bitcoin. MSTR shares, often used by investors and pension funds for indirect crypto exposure, have surged more than 140% over the past year.

Forward Industries to Deploy $1.65 Billion Into Solana DeFi After Funding Round Led by Multicoin, Galaxy, and Jump

Forward Industries, a Nasdaq-listed crypto treasury firm, plans to deploy funds into Solana DeFi protocols after raising $1.65 billion in a private placement led by Multicoin Capital, Galaxy Digital, and Jump Crypto. Newly appointed chairman Kyle Samani said the move is aimed at strengthening Solana’s position against Ethereum in decentralized finance. While Forward has not yet disclosed its first SOL purchase, public treasuries already hold over 4.7 million SOL as Solana’s DeFi TVL stands at $13 billion versus Ethereum’s $96 billion.

REX and Osprey to Launch First U.S. XRP ETF XRPR, Expanding Crypto ETF Market After Bitcoin and Ethereum Approvals

REX Shares and Osprey Funds are launching the first U.S. XRP exchange-traded fund, set to trade this week under the ticker XRPR. Registered under the Investment Company Act of 1940, the fund will mostly hold XRP directly while allocating at least 40% of assets into other XRP-related ETFs. The move comes as the SEC adopts a more favorable stance toward crypto ETFs, following approvals for spot Bitcoin and Ethereum products.