Crypto News. June 10, 2025

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DeFi

Crypto trading platform Uphold explores IPO after Circle IPO success

Their FT partners are advising them to explore strategic options, and a potential IPO

Eric Trump and Donald Trump Jr backed Bitcoin mining purchased 215 BTC on May 31

Coinbase’s latest State of Crypto report reveals about 60% of Fortune 500 executives say their companies are working “on blockchain initiatives.” and more:

. Nearly 1 in 5 now see onchain projects as a key part of their long-term strategy, a 47% increase from last year.

. Over 80% of institutional investors plan to increase crypto exposure in 2025.

. Small and medium-sized businesses (SMBs) are increasingly adopting crypto tools, especially for payments and managing financial tasks like invoices.

Silhouette, a shielded exchange built on Hyperliquid, has launched with a focus on on-chain privacy. Raised a $3M pre-seed round led by RockawayX

Key highlights:

• Enables private, frictionless trading with no data leaks or watchers.

• Uses Trusted Execution Environments (TEEs) to protect order matching and settlement.

• Supports both HyperCore and HyperEVM, allowing users to tap into L1 order books with EVM compatibility.