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Parataxis Holdings, a U.S.-based institutional digital asset manager, is set to go public through a merger with SilverBox Corp IV (NYSE: SBXD), a special purpose acquisition company (SPAC), in a deal aimed at raising up to $640 million to fund a Bitcoin treasury strategy.The newly formed entity, Pubco, will list on the New York Stock Exchange under the ticker “PRTX.”

World Liberty Financial (WLFI) is preparing to introduce an innovative loyalty program exclusively for USD1 stablecoin holders, aiming to incentivize adoption within its ecosystem. The project plans to collaborate with selected partners from the crypto exchange sector to roll out the rewards program, which will operate through a points-based system.



- 00:59UK government: US companies plan to invest over £1.25 billion in the UK financial services sectorJinse Finance reported that the UK government announced on Saturday that the US private sector will invest over £1.25 billion (approximately $1.69 billion) in the UK's financial services sector, including PayPal, Bank of America, Citigroup, and S&P Global. The statement said that these new US investments will create 1,800 jobs in the UK and bring greater convenience to millions of customers. The statement also pointed out that this agreement promotes £20 billion in trade between the two countries, including a £7 billion commitment that BlackRock is expected to make in the UK. According to the statement, Bank of America will create up to 1,000 new jobs in Belfast, marking the bank's first business operation in Northern Ireland; Citigroup will invest £1.1 billion in its UK business; S&P Global will invest £4 million in Manchester, creating 200 permanent positions.
- 00:56CARDS market cap surpasses $650 million, reaching a new all-time highAccording to ChainCatcher, based on GMGN market data, the Solana ecosystem physical card trading platform Collector Crypt's token CARDS briefly surpassed a market capitalization of $650 million, reaching a new all-time high. It has now retraced to $620 million, with a 24-hour increase of 44% and a 24-hour trading volume of $26.5 million.
- 00:40Data: A user’s short position on PUMP has an unrealized loss of $35 million, with total losses exceeding $44.1 million.According to ChainCatcher, crypto analyst Ember@EmberCN has monitored that the account named “btc@tuta.com” on Hyperliquid currently holds the largest PUMP short position. The account is shorting 8.56 billions PUMP with 5x leverage, with a position value of $64 million and an entry price of $0.00338. However, the current price of PUMP has more than doubled since the entry, resulting in an unrealized loss of approximately $35 million. The account also holds other short positions such as SOL and LINK, with total unrealized losses reaching $44.1 million. Analysis suggests that due to its frequent trading, this account may be engaged in arbitrage or hedging strategies.