Crypto News. December 11, 2025
Surf raised $15M led by Pantera to build Crypto AI LLM
JPMorgan tokenized Galaxy Digital’s corporate debt as USCP on Solana, purchased by Coinbase and Franklin Templeton, making it the first major debt issuance on a public blockchain with institutional investors.
Gemini received CFTC approval to offer predication markets
Coinbase launched x402 V2, lets apps charge micropayments via wallet sessions (not per-call txs) across unified multi-chain or fiat interface (Base, Solana, ACH, cards), with dynamic routing, auto-discovery, etc
Extended launched XVS (Extended Vault Shares), tokenized vault positions that earn yield while simultaneously serving as perp trading collateral
LayerZero unveiled public goods ZeroOS, a universal modular Library OS for zkVMs
Multicoin leads LI.FI’s $29M Series A round extension breaking their total raise to $52M
Binance to allow users trade BNB, ETH, SOL using Trump backed USD1 trading pairs
Coinbase partnered with Chainlink as their exclusive bridge for $7B in wrapped assets (cbBTC, cbETH, cbDOGE, cbLTC, cbADA, cbXRP)
Klarna partnered with Privy to co-design crypto wallet for their users, this follows their last month launch of KlarnaUSD stablecoin on Tempo chain.
dYdX debuted spot trading feature with Solana as first asset, and accessible to US traders for the first time.
Brilliant roundup! The JPMorgan tokenized debt issuance on Solana is huge bacause it legitimizes public chains for institutional capital markets. What makes this paticulary interesting is the choice of Solana over private blockchains, it shows TradFi is betting on settlemnt speed and cost efficiency beating regulatory comfort zones.