MoonPay Acquires Sodot, Launches Institutional Crypto Platform
MoonPay has acquired crypto key management firm Sodot and launched MoonPay Institutional, a new division targeting banks, asset managers, trading firms, and exchanges entering digital assets.
MoonPay aims to offer a unified stack covering wallets, custody, execution, collateral movement, stablecoin settlement, and compliance, reducing reliance on multiple vendors. The platform will support MPC and TEE wallets, on-chain routing, cross-chain collateral, and access to OTC and DeFi liquidity.
The move follows a series of acquisitions and regulatory expansion, including a New York trust charter and BitLicense, positioning MoonPay to scale its institutional crypto offering.
👉 theblock.co/post/399398/moonpay-acquires-crypto-key-manager-sodot
MoonPay has acquired crypto key management firm Sodot and launched MoonPay Institutional, a new division targeting banks, asset managers, trading firms, and exchanges entering digital assets.
The unit will be led by Caroline Pham, with Sodot’s infrastructure forming the security backbone. The firm has processed over $50B in transactions and secured 10M+ wallets for clients including eToro, BitGo, Flow Traders, and Exodus.
MoonPay aims to offer a unified stack covering wallets, custody, execution, collateral movement, stablecoin settlement, and compliance, reducing reliance on multiple vendors. The platform will support MPC and TEE wallets, on-chain routing, cross-chain collateral, and access to OTC and DeFi liquidity.
The move follows a series of acquisitions and regulatory expansion, including a New York trust charter and BitLicense, positioning MoonPay to scale its institutional crypto offering.
👉 theblock.co/post/399398/moonpay-acquires-crypto-key-manager-sodot
Squads Secures $18M Funding Round Led by Solana Ventures
Solana Ventures has led an $18M round in Squads to expand its stablecoin platform Altitude. The round also included Coinbase Ventures, Haun Ventures, and others, bringing total funding to $42.9M.
Since launching in December, Altitude has processed over $200M in volume. Squads positions the product as a “bankless” financial stack, leveraging programmable blockchains to reduce costs and automate workflows.
The platform also integrates compliance features like AML checks, sanctions screening, and transaction monitoring, aiming to meet fintech standards while scaling global business adoption.
👉 theblock.co/post/399386/solana-ventures-squads-funding-stablecoin-altitude
Solana Ventures has led an $18M round in Squads to expand its stablecoin platform Altitude. The round also included Coinbase Ventures, Haun Ventures, and others, bringing total funding to $42.9M.
Altitude enables businesses to operate fully on stablecoins via self-custodial accounts, replacing traditional bank infrastructure. The platform supports 24/7 payments, treasury management, and cross-border transfers, targeting exporters, agencies, and global remote teams.
Since launching in December, Altitude has processed over $200M in volume. Squads positions the product as a “bankless” financial stack, leveraging programmable blockchains to reduce costs and automate workflows.
The platform also integrates compliance features like AML checks, sanctions screening, and transaction monitoring, aiming to meet fintech standards while scaling global business adoption.
👉 theblock.co/post/399386/solana-ventures-squads-funding-stablecoin-altitude
Blockworks Extends Series A at $192 Million Valuation
Blockworks announced a Series A extension at a $192M post-money valuation, up from $135M in its 2023 Series A, a ~42% increase. The company says ARR has grown more than 10x since the last round.
The round was co-led by ParaFi Capital and Reciprocal Ventures, with participation from Coinbase Ventures, MoonPay, Flowdesk, Auros, and 20+ founders and operators from Solana, EigenLayer, LayerZero, Arbitrum, Polygon, and others.
👉 x.com/Blockworks/status/2049474452854063434?s=20
Blockworks announced a Series A extension at a $192M post-money valuation, up from $135M in its 2023 Series A, a ~42% increase. The company says ARR has grown more than 10x since the last round.
The round was co-led by ParaFi Capital and Reciprocal Ventures, with participation from Coinbase Ventures, MoonPay, Flowdesk, Auros, and 20+ founders and operators from Solana, EigenLayer, LayerZero, Arbitrum, Polygon, and others.
Blockworks is scaling three core products: a data platform processing trillions of rows across 100+ pipelines, an IR platform already used by Solana, BNB Chain, and Jito, and a disclosures framework covering 30+ token issuers with a target of 200+ by the end of 2026.
👉 x.com/Blockworks/status/2049474452854063434?s=20
Circle Launches Gas-Free USDC Nanopayments on Mainnet
Nanopayments are now live on mainnet via Circle Gateway, enabling gas-free USDC transfers starting from $0.000001 through batched off-chain payment execution.
Users deposit USDC once into Gateway as a unified non-custodial balance, while signed payment authorizations are processed instantly and later settled onchain in batches, removing gas costs from individual transfers.
👉 x.com/jerallaire/status/2049520244704559157?s=20
Nanopayments are now live on mainnet via Circle Gateway, enabling gas-free USDC transfers starting from $0.000001 through batched off-chain payment execution.
Users deposit USDC once into Gateway as a unified non-custodial balance, while signed payment authorizations are processed instantly and later settled onchain in batches, removing gas costs from individual transfers.
Key details:
- Transfers up to $1M
- Unified liquidity across 11 chains
- Compatible with the x402 payment standard
- No Circle account required
- Designed for AI agents, APIs, pay-per-use services, and machine-to-machine commerce
👉 x.com/jerallaire/status/2049520244704559157?s=20
Sweat Economy Suffers $2.5M Exploit on NEAR
Sweat Economy, a move-to-earn project on NEAR, was hit by an active exploit, with the attacker reportedly controlling up to 17.7B SWEAT tokens and draining around $2.5M.
Security firm Blockaid issued a public alert during the exploit, while onchain monitors warned the drained amount could represent a major share of circulating liquidity, creating direct pressure on token supply and market stability.
No official figures have been confirmed by the team so far.
👉 x.com/blockaid_/status/2049517382402539853?s=20
Sweat Economy, a move-to-earn project on NEAR, was hit by an active exploit, with the attacker reportedly controlling up to 17.7B SWEAT tokens and draining around $2.5M.
What is known so far. The attacker used a custom Rust-based drainer contract to move funds through Ref Finance, swapping part of the assets into NEAR and USDC before splitting them across multiple addresses.
Security firm Blockaid issued a public alert during the exploit, while onchain monitors warned the drained amount could represent a major share of circulating liquidity, creating direct pressure on token supply and market stability.
No official figures have been confirmed by the team so far.
👉 x.com/blockaid_/status/2049517382402539853?s=20
Pump fun rolls out Charity Coins in collab with donate gg
Pump fun has introduced Charity Coins, a new feature designed to let creators redirect fees to charitable causes. The launch comes through an exclusive integration with Donate gg, which enables secure and compliant donations to more than 10,000 charities.
Coin admins can now choose a charity as a fee recipient through creator fee settings on the Pump fun app or website. Donate gg will process the donation and handle the transfer to the selected charity.
👉 x.com/Pumpfun/status/2049546732678135916?s=20
Pump fun has introduced Charity Coins, a new feature designed to let creators redirect fees to charitable causes. The launch comes through an exclusive integration with Donate gg, which enables secure and compliant donations to more than 10,000 charities.
The feature aims to reduce uncertainty around manual creator fee donations, including issues related to trader trust, PVP behavior, and potential tax complications.
Coin admins can now choose a charity as a fee recipient through creator fee settings on the Pump fun app or website. Donate gg will process the donation and handle the transfer to the selected charity.
👉 x.com/Pumpfun/status/2049546732678135916?s=20
Wasabi Protocol has been exploited for $4.5 million
According to Blockaid, the Wasabi deployer EOA was used to grant an attacker-controlled helper contract admin access. The attacker then upgraded the protocol’s UUPS contracts, including the perp vaults, to a malicious implementation.
👉 x.com/blockaid_/status/2049768426181104095?s=20
According to Blockaid, the Wasabi deployer EOA was used to grant an attacker-controlled helper contract admin access. The attacker then upgraded the protocol’s UUPS contracts, including the perp vaults, to a malicious implementation.
Wasabi is a platform for leveraged trading using pooled on-chain liquidity. It allows users to borrow funds from shared vaults to amplify exposure, similar to perpetual-style trading.
👉 x.com/blockaid_/status/2049768426181104095?s=20
Visa Expands Stablecoin Settlement to Nine Blockchains
The newly integrated networks: Arc, Base, Canton, Polygon, and Tempo, join existing support for Ethereum, Solana, Stellar and Avalanche. The pilot has reached a $7 billion annualized settlement run rate, marking 50% increase in the last quarter.
👉 investor.visa.com/news/news-details/2026/Visa-Accelerates-Stablecoin-Momentum-Adding-Five-Blockchains-for-Settlement/default.aspx
The newly integrated networks: Arc, Base, Canton, Polygon, and Tempo, join existing support for Ethereum, Solana, Stellar and Avalanche. The pilot has reached a $7 billion annualized settlement run rate, marking 50% increase in the last quarter.
Visa’s initiative aims to provide a unified settlement layer, allowing partners to choose preferred blockchains while maintaining interoperability.
👉 investor.visa.com/news/news-details/2026/Visa-Accelerates-Stablecoin-Momentum-Adding-Five-Blockchains-for-Settlement/default.aspx
Tracking major Layer 2s ahead of MegaETH (MEGA) TGE
With a current pre-market price near $0.18–$0.19 and implied FDV around $1.8B–$1.9B, MEGA enters price discovery as one of the highest-valued Layer 2, now backed by a live app ecosystem.
MEGA lists today at 11:00 AM UTC, with listings across major venues including Coinbase, Binance, Upbit, OKX and others.
With a current pre-market price near $0.18–$0.19 and implied FDV around $1.8B–$1.9B, MEGA enters price discovery as one of the highest-valued Layer 2, now backed by a live app ecosystem.
Price Discovery Board: REAL (ASSET)
ASSET trading starts today, backed by $29M in funding. This board compares potential FDV scenarios using benchmarks from other RWA projects like MANTRA, Plume, Lumia, and STBL.
ASSET trading starts today, backed by $29M in funding. This board compares potential FDV scenarios using benchmarks from other RWA projects like MANTRA, Plume, Lumia, and STBL.
Biggest Networks by the Number of RWA Holders
RWA adoption is becoming measurable on-chain, and Plume stands out as the largest network by number of RWA holders. Its 257K+ holder base highlights growing demand for accessible real-world asset exposure, not just institutional-scale tokenization.
RWA adoption is becoming measurable on-chain, and Plume stands out as the largest network by number of RWA holders. Its 257K+ holder base highlights growing demand for accessible real-world asset exposure, not just institutional-scale tokenization.
Exponent Raises $5M to Scale Yield Infrastructure on Solana
Exponent Finance, a Solana-based yield exchange, has secured $5M in a seed round led by Multicoin Capital, with participation from Solana Ventures, RockawayX, L1D, Prelude, and Theia Blockchain. Angels include Anatoly Yakovenko and Nick Ducoff.
The raise brings total funding to $7.1M. Structured as a SAFE with token warrants, the round will support expansion beyond a yield exchange into full-scale onchain yield infrastructure.
Since launching in late 2024, Exponent has processed over $2B in yield volume across 35K+ users. The team is now focusing on scaling the platform, onboarding asset managers, and enhancing security, with ~$1M allocated to audits and bug bounties.
👉 theblock.co/post/399630/solana-yield-exchange-exponent-funding-multicoin-capital
Exponent Finance, a Solana-based yield exchange, has secured $5M in a seed round led by Multicoin Capital, with participation from Solana Ventures, RockawayX, L1D, Prelude, and Theia Blockchain. Angels include Anatoly Yakovenko and Nick Ducoff.
The raise brings total funding to $7.1M. Structured as a SAFE with token warrants, the round will support expansion beyond a yield exchange into full-scale onchain yield infrastructure.
Exponent plans to launch an upgraded platform featuring an onchain interest rate order book and strategy vaults. These tools will allow users to convert variable yield into fixed-rate positions and access packaged strategies like looping or hedging without active management.
Since launching in late 2024, Exponent has processed over $2B in yield volume across 35K+ users. The team is now focusing on scaling the platform, onboarding asset managers, and enhancing security, with ~$1M allocated to audits and bug bounties.
👉 theblock.co/post/399630/solana-yield-exchange-exponent-funding-multicoin-capital
Polymarket Partners With Chainalysis Amid $15B Valuation Push
Polymarket has partnered with Chainalysis to improve monitoring of insider trading, fraud, and market manipulation. The move comes as it seeks a $400M raise at a $15B valuation and prepares for a potential U.S. return pending CFTC approval.
Polymarket previously settled with the CFTC in 2022 over illegal binary options contracts. More recently, a U.S. Army soldier was arrested for allegedly using confidential information to trade on the platform ahead of major geopolitical events.
👉 theblock.co/post/399619/polymarket-taps-chainalysis-to-police-insider-trading-seeks-15-billion-valuation
Polymarket has partnered with Chainalysis to improve monitoring of insider trading, fraud, and market manipulation. The move comes as it seeks a $400M raise at a $15B valuation and prepares for a potential U.S. return pending CFTC approval.
The integration will give Polymarket access to Chainalysis tools for blockchain-verified investigations and regulatory cooperation. The goal is to strengthen transparency and reinforce strict enforcement against illicit activity.
Polymarket previously settled with the CFTC in 2022 over illegal binary options contracts. More recently, a U.S. Army soldier was arrested for allegedly using confidential information to trade on the platform ahead of major geopolitical events.
👉 theblock.co/post/399619/polymarket-taps-chainalysis-to-police-insider-trading-seeks-15-billion-valuation
PayPal Restructures Into 3 Core Units, Adds Crypto Division
PayPal has reorganized its business into three core segments: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto. The move is aimed at simplifying operations, improving execution, and accelerating long-term growth.
As part of the restructuring, PayPal also announced several leadership changes and executive departures. The company said the new structure will improve accountability and support innovation across its ecosystem.
👉 newsroom.paypal-corp.com/2026-04-29-PayPal-Announces-Strategic-Reorganization
PayPal has reorganized its business into three core segments: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto. The move is aimed at simplifying operations, improving execution, and accelerating long-term growth.
The new Payment Services & Crypto division will combine Braintree, merchant processing, and crypto offerings, including the PYUSD stablecoin. The goal is to create a unified platform for payments and crypto infrastructure.
As part of the restructuring, PayPal also announced several leadership changes and executive departures. The company said the new structure will improve accountability and support innovation across its ecosystem.
👉 newsroom.paypal-corp.com/2026-04-29-PayPal-Announces-Strategic-Reorganization
XO Market Raises $6M To Build User-Generated Prediction Markets
XO Market has raised $6M in a seed round led by 20VC, Picus Capital, Coinbase Ventures, Venture Together, and angels including Pat Cummins. The startup aims to rival Polymarket and Kalshi by pushing a user-generated prediction market model.
Alongside the core product, XO is developing “XO Vaults,” allowing users to pool capital and act as market makers. The feature targets 8–10% annual yields and opens liquidity provision to retail users.
The team is also building “XO Stories,” a feature expanding prediction design beyond standard parlays. XO is betting on fully user-driven, onchain prediction markets with open participation and transparency.
👉 x.com/xomarket/status/2049778463276695804?s=20
XO Market has raised $6M in a seed round led by 20VC, Picus Capital, Coinbase Ventures, Venture Together, and angels including Pat Cummins. The startup aims to rival Polymarket and Kalshi by pushing a user-generated prediction market model.
Unlike traditional platforms, XO lets users create, configure, and monetize their own markets. It positions itself as the “YouTube of prediction markets,” focusing on community-driven creation instead of centralized listings.
Alongside the core product, XO is developing “XO Vaults,” allowing users to pool capital and act as market makers. The feature targets 8–10% annual yields and opens liquidity provision to retail users.
Since its mainnet beta launch, XO has recorded $150M+ in volume, 30K+ users, and 600+ user-created markets. The team says growth is driven by aligned incentives, where successful markets naturally attract liquidity.
The team is also building “XO Stories,” a feature expanding prediction design beyond standard parlays. XO is betting on fully user-driven, onchain prediction markets with open participation and transparency.
👉 x.com/xomarket/status/2049778463276695804?s=20
Stripe & Meta Launches CLI Tools For Automated Payments And Ads Management
Stripe has expanded its developer tooling with a Command-Line Interface (CLI) that enables users and agents to manage payments, subscriptions, webhooks, and API resources directly from the terminal, reducing reliance on dashboards and manual workflows.
The CLI supports operations such as creating customers, managing subscriptions, and handling webhooks, and also enables real-time API log tracking and automation of payment infrastructure workflows.
The tool is designed for developers and automation systems, signaling a broader shift toward “ads-as-code” and programmatic control of marketing systems, where agents and scripts increasingly replace manual dashboard workflows.
👉 developers.facebook.com/blog/post/2026/04/29/introducing-ads-cli
Stripe has expanded its developer tooling with a Command-Line Interface (CLI) that enables users and agents to manage payments, subscriptions, webhooks, and API resources directly from the terminal, reducing reliance on dashboards and manual workflows.
The CLI supports operations such as creating customers, managing subscriptions, and handling webhooks, and also enables real-time API log tracking and automation of payment infrastructure workflows.
Meta has also introduced a CLI for its Marketing API, enabling developers to create, manage, and analyze ad campaigns directly from the terminal, including campaign creation, performance tracking, and asset management for Instagram and Facebook ads.
The tool is designed for developers and automation systems, signaling a broader shift toward “ads-as-code” and programmatic control of marketing systems, where agents and scripts increasingly replace manual dashboard workflows.
👉 developers.facebook.com/blog/post/2026/04/29/introducing-ads-cli
Cryptomarket Check-In Major Events & Headlines
This week was heavy on payment infrastructure, legacy players and crypto-native ones moving in the same direction. Plus an exploit, a recovery, and a few structural shifts worth noting.
🔎 Recent Updates & Developments
– Visa expanded stablecoin settlement to 9 blockchains, reaching a $7B annualized run rate and strengthening payment infrastructure
– Circle launched gas-free USDC nanopayments on mainnet, enabling instant low-cost transfers for AI agents and machine commerce
– Western Union will launch Solana-based stablecoin USDPT and payment card, positioning it as an onchain alternative to SWIFT
– Polymarket upgraded its exchange stack with pUSD migration, rebuilt infrastructure, and preparations for perpetual futures
– Ondo Finance added proxy voting for $700M tokenized equities, bringing governance closer to traditional stock ownership
– Squads raised $18M led by Solana Ventures to scale stablecoin banking infrastructure for global business payments
– Tether backed Belo’s $14M raise to expand stablecoin payments across Latin America and digital dollar adoption
- REAL's ASSET has been listed on Kraken, OKX, KuCoin, and MEXC, currently trading at $0.06110. Current FDV - $61M.
This week was heavy on payment infrastructure, legacy players and crypto-native ones moving in the same direction. Plus an exploit, a recovery, and a few structural shifts worth noting.
🔎 Recent Updates & Developments
– Visa expanded stablecoin settlement to 9 blockchains, reaching a $7B annualized run rate and strengthening payment infrastructure
– Circle launched gas-free USDC nanopayments on mainnet, enabling instant low-cost transfers for AI agents and machine commerce
– Western Union will launch Solana-based stablecoin USDPT and payment card, positioning it as an onchain alternative to SWIFT
– Polymarket upgraded its exchange stack with pUSD migration, rebuilt infrastructure, and preparations for perpetual futures
– Ondo Finance added proxy voting for $700M tokenized equities, bringing governance closer to traditional stock ownership
– Squads raised $18M led by Solana Ventures to scale stablecoin banking infrastructure for global business payments
– Tether backed Belo’s $14M raise to expand stablecoin payments across Latin America and digital dollar adoption
- REAL's ASSET has been listed on Kraken, OKX, KuCoin, and MEXC, currently trading at $0.06110. Current FDV - $61M.
Crypto Hack Calendar: April 2026
April 2026 had 30 calendar days. Crypto got hacked on 22 of them. No week was clean. No vertical was safe. Lending, bridges, wallets, perps, games — all hit. Total damage: $630M+
April 2026 had 30 calendar days. Crypto got hacked on 22 of them. No week was clean. No vertical was safe. Lending, bridges, wallets, perps, games — all hit. Total damage: $630M+
Computershare and Securitize Bring U.S. Shares Onchain
This collaboration allows U.S.-listed issuers to issue equity securities in tokenized form. The new structure is built around Issuer-Sponsored Tokens, ISTs, which can exist as part of a company’s capital alongside traditional shares.
For shareholders, the potential benefit is a more digital-native ownership experience. Investors could hold tokenized equity in a wallet, consolidate digital holdings, and still receive issuer communications and corporate action flows directly.
👉 x.com/Securitize/status/2049458837422317617?s=20
This collaboration allows U.S.-listed issuers to issue equity securities in tokenized form. The new structure is built around Issuer-Sponsored Tokens, ISTs, which can exist as part of a company’s capital alongside traditional shares.
The key point is that these are not synthetic or derivative tokens wrapped around shares. ISTs are representing direct equity ownership in token form, without changing the underlying equity or relying on a separate instrument.
For shareholders, the potential benefit is a more digital-native ownership experience. Investors could hold tokenized equity in a wallet, consolidate digital holdings, and still receive issuer communications and corporate action flows directly.
👉 x.com/Securitize/status/2049458837422317617?s=20
Claude has launched Public Beta of Claude Security
After a record month of crypto exploits, Anthropic opened Claude Security to public beta. The tool scans codebases for high-severity vulnerabilities including injection flaws, authentication bypasses, and logic errors that pattern-matching scanners typically miss.
Every suggested fix requires human review before deployment. Available now for Claude Enterprise, Team and Max coming soon.
👉 x.com/claudeai/status/2049898739783897537?s=20
After a record month of crypto exploits, Anthropic opened Claude Security to public beta. The tool scans codebases for high-severity vulnerabilities including injection flaws, authentication bypasses, and logic errors that pattern-matching scanners typically miss.
Unlike traditional tools, it runs an adversarial verification pass on its own results before surfacing them, reducing false positives without requiring a rule update.
Every suggested fix requires human review before deployment. Available now for Claude Enterprise, Team and Max coming soon.
👉 x.com/claudeai/status/2049898739783897537?s=20