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Polychain sold 43.4M TIA tokens to Celestia Foundation for US$62.5M on 24 July 2025. Tokens will be redistributed between 16 August and 14 November via a phased unlock. Celestia will implement the Lotus upgrade to lock staking rewards in line with token vesting. Polychain Capital has sold its full remaining stake in Celestia’s native token, TIA, to the Celestia Foundation for US$62.5 million (AU$94.90 million), finalising its exit from the blockchain project. The sale included over 43 million tokens and was executed on 24 July 2025 at a rate of around US$1.44 (AU$2.18) per token. The Celestia Foundation has worked with Polychain Capital to assign Polychain’s entire remaining TIA holdings to new investors. This month, the Foundation purchased 43,451,616.09 TIA from Polychain Capital for $62.5m. Polychain will shortly be undelegating their entire staked… — Celestia 🦣 (@celestia) July 24, 2025 These tokens will now be redistributed under a rolling unlock schedule starting mid-August and ending in mid-November, a method intended to smooth investor entry and reduce price volatility. The Foundation said this phased strategy aims to preserve liquidity and market confidence. This transaction comes amid criticism of Polychain’s earlier sales of liquid staking rewards, which some viewed as inconsistent with the lock-up status of its main allocation. Blockchain analysts estimate Polychain may have sold over US$240 million (AU$364.41 million) in TIA, primarily from staking rewards, since its early investment. Related: MoonPay Unveils mpSOL Liquid Staking with 8.49% Yield for Solana Holders Upcoming Update Aligns Rewards with Vesting In response, Celestia is preparing a mainnet upgrade dubbed Lotus, scheduled for release later this month. The upgrade will ensure staking rewards are subject to the same lock-up rules as the tokens they stem from. For wallets with delayed vesting, both the tokens and their rewards will remain inaccessible until fully unlocked. Market reactions have been mixed. Although no major disruptions to other cryptocurrencies were observed, the sale has raised concerns about reduced liquidity and short-term effects on TIA’s Total Value Locked. Analysts note that the foundation’s staggered resale strategy is aimed at stabilising market dynamics and building long-term confidence. Celestia has framed the deal as part of a broader push for decentralisation and investor transparency, while Polychain described it as consistent with its investment objectives. No comment was provided by either party beyond the public announcements. Related: Wall Street’s Elders Embrace Tokenisation: BNY Mellon and Goldman Unveil Pilot Read More

A report from Bloomberg has cited anonymous sources claiming that Michael Saylor’s firm Strategy is planning to quadruple the size of its STRC preferred stock offering from US$500 million to US$2 billion. The extra capital will reportedly be used to fund further Bitcoin accumulation by the software-turned-Bitcoin strategy company. In the past 12 months Strategy’s share price has surged 156% on the back of Bitcoin’s strong performance. Anonymous sources have told Bloomberg that Michael Saylor’s software-turned-Bitcoin treasury firm, Strategy, plans to quadruple the size of its preferred stock offering, STRC (also known as Stretch) — taking it from US$500 million (AU$759.8m) to US$2 billion (AU$3b) in a bid to raise more capital for another Bitcoin buying spree. Strategy’s Series A perpetual shares were valued at US$90 (AU$137) on Thursday US time and were paying a dividend of 9%, according to the anonymous sources cited in Bloomberg’s report. The financing of the offering, which includes 5 million preferred shares, is being underwritten by several large financial firms including Morgan Stanley and Barclays. The news didn’t seem to have a large impact on the value of Strategy’s common stock, which closed Thursday just below US$415 (AU$630) — up 0.55% on the day.  In the past year though, Strategy’s share price has soared 156% according to data from Yahoo Finance. The uplift has been largely driven by Bitcoin’s strong performance. Bitcoin’s price over the same period has increased by about 90%. Since first embracing Bitcoin in 2020, Strategy has accumulated 607,770 BTC at the time of writing valued at around US$72 billion (AU$109b), and is currently by far the largest corporate holder of Bitcoin. Related: Strategy Unveils “STRC” Perpetual Preferred Stock to Power Its Bitcoin Hoard More Corporates Getting Bitcoin on Their Balance Sheets On the back of Strategy’s success, the popularity of the Bitcoin spot exchange-traded funds (ETFs), and the improved regulatory environment in the US, a growing number of corporates are adding Bitcoin to their balance sheets. According to data from Bitcointreasuries.net, a website which tracks corporate Bitcoin holdings, the total BTC held by the top 100 publicly-listed corporate holders is currently 917,612. The total held by all publicly-listed companies is 918,133.  Strategy accounts for the majority of these holdings at just over 66%. For a better idea of Strategy’s dominance, the second largest holder, Bitcoin miner MARA Holdings, holds just 50,000 BTC (compared to Strategy’s 607,770). Related: Trump Media Bets Big on Bitcoin with $2 Billion Treasury Play Other notable corporate holders include the Trump family-owned Trump Media and Technology Group, which holds 18,430 BTC and Coinbase with 9,267 BTC. Bitcointreasuries.net finds the largest Australian publicly listed holder of Bitcoin is digital asset fund manager, DigitalX with 499 BTC. Read More

Finance minister Nirmala Sitharaman on Saturday called for a redefinition of multilateral institutions to provide effective oversight as countries explore the tokenization of currency, warning of rising complexity and the lack of global frameworks to govern this shift. Speaking at the release of a book, A World in Flux: India’s Economic Priorities, in New Delhi

Donald Trump has reignited his long-running feud with Barack Obama in typically provocative fashion—this time using a meme that parodies the infamous 1994 O.J. Simpson police chase. But while the meme was intended as a political jab at the former US President, it unexpectedly triggered a viral reaction for another reason: JD Vance’s surprise cameo.

By Humeyra Pamuk WASHINGTON, July 26 (Reuters) – The United States is pausing all routine visa services at U.S. embassy in Nigerien capital Niamey until further notice, according to a State Department spokesperson and an internal State Department cable seen by Reuters on Saturday. The July 25-dated cable did not provide a reason for the

Noted film producer Boney Kapoor is making headlines — not for a new film, but for a dramatic personal transformation. The 68-year-old filmmaker has reportedly lost 26 kilograms, sparking waves of praise and curiosity across social media. But what’s surprised many isn’t just the weight loss — it’s how he achieved it. Boney Kapoor Undergoes

After the Jhalawar school tragedy in which lives of seven innocent children were lost and several others were left injured, heart-rending stories are emerging. The building of Piplodi Primary School in Jhalawar district of Rajasthan had collapsed on Friday. An inconsolably weeping mother of 12-year-old girl Meena and six-year-old boy Kanha, wished God had taken

The Dogecoin price is once again at the center of crypto market attention. After a brief cooldown, bulls have defended key levels and analysts are spotting bullish patterns on multiple timeframes. With institutional interest growing and chart setups aligning, DOGE crypto may be preparing for a notable upside breakout. Dogecoin Price Today: Trendline Break Sparks

XRP has bounced back from the $3 support level and is now trading around $3.20. However, popular crypto trader EGRAG Crypto has spotted a rare chart pattern that doesn’t appear often, but when it does, it usually leads to huge price jumps. In the past, this signal has led to gains of at least 40,000%.