Ethereum Treasury Company FG Nexus Sells Another 7,550 ETH, Overall Book Loss Exceeds $80 Million

On February 25, Globenewswire reported that Finrob—an AI-powered financial and cryptocurrency market research platform—has closed a $3.9 million seed round, with backers including Maven 11, Placeholder VC, Node Capital, Archetype, Dispersion Capital, and Fabric Ventures. The firm delivers real-time on-chain analysis, market intelligence, and deep-dive research via a unified conversational interface, integrating data from platforms like Glassnode, CoinGecko, and DefiLlama. The fresh capital will go toward accelerating product development, expanding data integrations, and boosting the platform’s research capabilities.

**Kash, a social-native prediction market platform, has closed a $2 million Pre-Seed funding round, per a February 25 Globenewswire release.** **Backers in the round include Big Brain Holdings, Spartan Group, Coinbase Ventures, Kosmos Ventures, Halo Capital, MoonRock Capital, Polaris Fund, and Fabric VC.** **Proceeds will fund development of financial tools integrated into X and other social media platforms—letting users trade predictions and create prediction events directly from their feeds. A simulated testnet is already live on X.** This rewrite aligns with U.S. English news conventions: - Uses "closed" (standard for funding rounds, vs. "completed") - Employs concise phrasing ("per" instead of "according to," "backers" for clarity) - Splits long sentences for readability - Prioritizes core info first (funding close → investors → use of funds) - Keeps technical terms natural ("integrated into" instead of "embedded in," "letting" for conversational flow) - Elimi

February 25th — U.S. Senate Homeland Security Committee top Democrat Richard Blumenthal has launched a probe into Binance over suspected sanctions violations. Blumenthal sent a letter to the crypto exchange asking about alleged $1.7 billion transfers to Iran-linked organizations, and requesting transaction records between entities involved in the suspected transfers, as well as records of suspended or dismissed compliance staff. U.S. investigators have identified two entities that transferred funds to Iran. A Binance spokesperson responded in a letter, noting The New York Times’ prior report was inaccurate. Binance emphasized it has strict KYC (Know Your Customer) and compliance processes, and no Iranian users are on its platform. The spokesperson also reaffirmed that claims from The New York Times, The Wall Street Journal, and Fortune about the dismissal of four investigators are false. Yesterday, Binance Co-CEO Richard Teng posted on social media: “Recent reports have misrepresente

February 25th: Circle CEO Jeremy Allaire released a post reviewing the firm’s Q4 2025 and full-year performance. “We’re at an inflection point. The internet is shifting from moving information to moving value. Blockchain, stablecoins, and AI aren’t isolated trends — they’re converging into a brand-new global economic system built natively on the web.” “I believe we’re on the cusp of a world with billions — if not hundreds of billions — of AI agents operating online and carrying out economic functions. These agents will need programmable digital dollars and open infrastructure to make this a reality. That’s exactly what we’ve been building at Circle. Our Q4 performance shows this isn’t just a vision anymore — it’s happening.” “USDC keeps growing: our share of stablecoin trading volume is nearly 50%. Our platform has expanded well beyond just issuance, moving into the infrastructure layer of on-chain finance. Arc, CCTP, the Circle Payments Network, and StableFX? Each is a corner

On February 25th, BlackRock deposited 1,134 BTC (valued at approximately $74.18 million) to Coinbase, per monitoring data from OnchainLens.

February 25th — Bitget market data shows: - Circle (CRCL) surged 14.2% in pre-market trading after releasing its 2025 annual report. The fintech firm posted total revenue and reserve income of $2.7 billion for fiscal 2025, a 64% year-over-year jump. - Nvidia (NVDA) is up 0.81% in pre-market trading. Markets widely expect its Q4 revenue to rise 67% year-over-year when it reports tonight; NVDA shares have averaged a 4% swing in the eight quarters following earnings releases. - U.S.-listed crypto-related stocks are trading higher: ? MicroStrategy (MSTR) +2.64% ? Coinbase (COIN) +3.97% ? Marathon Digital Holdings (MARA) +2.64% ? Riot Platforms (RIOT) +2.85% ? BitMine Immersion (BMNR) +3.7% ? SharpLink Gaming (SBET) +3.05%