IP is down 8% after rising 3% on news of the "US Stock IP Treasury Company"

On August 11th, the initial public offering (IPO) of the crypto exchange platform Bullish received oversubscription after it was upsized. (Bloomberg Terminal) BlockBeats had previously reported that the cryptocurrency exchange platform Bullish, which is backed by Peter Thiel, has expanded its IPO size. It now aims for a valuation of up to $4.82 billion, which is a significant increase from the $4.2 billion target set last week. The new plan is to sell 30 million shares at a price of $32 to $33 per share. At the highest price, Bullish could raise approximately $990 million, which is more than the earlier plan to sell 20.3 million shares at $28 to $31 per share. (Reuters)

On Monday, August 11th, President Trump of the United States stated that he will bring the Washington D.C. Metropolitan Police Department under federal control. He has ordered the deployment of the National Guard to the capital to combat what he characterized as a wave of "lawlessness." Trump told reporters at the White House press conference: "I am deploying the National Guard to assist in restoring law and order and public safety in Washington D.C. Our nation's capital has been seized by violent mobs and bloodthirsty criminals." This action represents Trump's latest exertion of executive power to interfere in matters that are traditionally under local jurisdiction, specifically targeting Democratic-run cities. However, he denied that he is "creating a crisis" to expand presidential authority. Trump stated that the high crime rate in Washington D.C. is having an impact on the functioning of the federal government. While acknowledging that other cities are also in a poor state, Washi

August 11th. According to an official announcement from Trends, the TPS event it is collaborating with Sidekick, namely "Sidekick x Trends", is now in progress. The event began at 14:00 (UTC) on August 11th and will end at 14:00 (UTC) on August 22nd. There are two methods to participate in the event: · Sidekick Host: Conduct a live broadcast on Sidekick and use the "Trends" tag to discuss Trends. · Tokenize an X Post with the "Sidekick x Trends" keyword: Users are motivated to clip UGC video segments from their preferred Sidekick live broadcasts (the content of the live broadcast doesn't necessarily have to be related to Trends), add the "Sidekick x Trends" keyword to the clip, and tokenize the post on Trends.

On August 11th, based on market information, the stablecoin issuer Paxos announced that it is submitting an application for a Trust Bank charter to the Office of the Comptroller of the Currency (OCC) in the US and intends to open an office in the United States to expand its regulated financial services.

On August 11th, Fundamental Global Inc (NASDAQ: FGNX, FGNXP) declared the official commencement of the acquisition of Ethereum (ETH) today. The aim is to become one of the largest ETH reserve holding companies in the world. As of 6:30 PM Eastern Time on August 10, 2025, the company currently possesses 47,331 ETH, with the ETH price being $4,228.40 per ETH (based on Bloomberg data). FG Nexus has utilized all the net proceeds from the company's announced $200 million private placement financing to purchase ETH. FG Nexus intends to expedite the accumulation of ETH holdings and enhance the ETH yield per share. According to the company's ETH reserve holding strategy, the ETH yield has become a crucial indicator of value creation for FG Nexus shareholders. To boost the ETH yield, the company will engage in staking and re-staking as a strategic entry point into Ethereum-driven finance (including tokenizing real-world assets and stablecoin yields).