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Bitget Launches 25x Perpetuals on 25 US Stocks As Capital B Acquires $62M Bitcoin

By
Paul Ugbede Godwin
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0

Cryptocurrency exchange Bitget announced the launch of 25 new US stock U-based perpetual contracts, offering traders up to 25x leverage on major American equities.

These contracts provide exposure to high-profile companies including Tesla (TSLA), Apple (AAPL), Nvidia (NVDA), Coinbase (COIN), and Alibaba (BABA), with trading available 24 hours a day, five days a week to align with stock market hours.

Settled in USDT, the products feature ultra-low fees capped at 0.06%, enabling seamless integration of traditional finance (TradFi) assets into crypto-style derivatives trading without the need for fiat onboarding.

This move builds on Bitget’s earlier 2025 innovations in real-world asset (RWA) tokenization, such as RWA index perpetuals for stocks like Tesla and Nvidia, and reflects a growing trend of hybrid financial products bridging DeFi and equity markets.

The launch coincides with heightened US stock volatility ahead of earnings season, potentially driving adoption among crossover traders seeking leveraged hedging or speculation.

Public French Company Capital B Acquires $62M Worth of Bitcoin

Capital B (ticker: ALCPB), a publicly traded French holding company focused on AI, data intelligence, and Bitcoin treasury strategies, confirmed the acquisition of 551 BTC for approximately $62.2 million (€54.7 million).

This purchase brings the company’s total Bitcoin holdings to 2,800 BTC, valued at around €256 million based on an average acquisition cost. Funded through capital increases and convertible bond issuances, the move aligns with Capital B’s pioneering “Bitcoin Treasury Company” strategy.

Launched in November 2024, which aims to maximize Bitcoin per fully diluted share using excess cash and financing tools—with a long-term goal of accumulating 1% of Bitcoin’s total supply by 2033. Year-to-date, Capital B reports a BTC yield exceeding 1,500%, underscoring its aggressive accumulation amid Bitcoin’s price hovering above $112,000.

This acquisition joins a wave of corporate BTC buys, including over $1.4 billion from entities like Strategy (MicroStrategy), Metaplanet, and Strive on the same day, signaling sustained institutional demand despite short-term price dips.

Bitget’s launch of 25x leveraged perpetual contracts on US stocks like Tesla, Apple, and Nvidia democratizes access to high-leverage trading for global crypto users, bypassing traditional brokerage barriers. This could attract retail and institutional traders, boosting liquidity in crypto-equity hybrid markets.

The 24/5 trading window aligns with stock market hours, enabling continuous speculation and hedging, potentially increasing volatility in underlying stocks during off-hours. By offering USDT-settled contracts, Bitget eliminates fiat onboarding complexities, integrating traditional equities into DeFi ecosystems.

This could accelerate the convergence of crypto and stock markets, encouraging more platforms to offer similar RWA-based derivatives. Low fees (capped at 0.06%) may pressure traditional brokers to reduce costs, fostering competition in the leveraged trading space.

25x leverage magnifies both gains and losses, heightening risks for inexperienced traders. Liquidation events could spike during volatile periods like earnings season, potentially destabilizing smaller accounts. Regulatory scrutiny may intensify, as global authorities (e.g., SEC, ESMA) monitor high-leverage crypto products for systemic risks or market manipulation.

The timing, amid US stock volatility, could drive adoption among traders seeking to hedge or speculate on earnings-driven price swings. However, it may also exacerbate speculative bubbles in overhyped stocks like Nvidia.

Implications of Capital B’s $62M Bitcoin Acquisition

Capital B’s purchase, alongside $1.4B in same-day acquisitions by firms like Strategy and Metaplanet, reinforces Bitcoin as a corporate treasury asset. This trend could inspire other public companies, especially in Europe, to allocate cash reserves to BTC, viewing it as a hedge against inflation or currency devaluation.

The firm’s 1,500% BTC yield highlights Bitcoin’s potential for outsized returns, potentially attracting investor attention to ALCPB stock. Large-scale corporate buying, totaling over $1.4B in a single day, signals robust institutional demand, likely supporting Bitcoin’s price floor despite short-term dips.

Capital B’s long-term goal of holding 1% of BTC’s supply (210,000 BTC) could further tighten circulating supply, driving prices higher if demand persists. However, concentrated corporate holdings raise concerns about market centralization, potentially increasing volatility if firms liquidate positions.

Capital B’s use of capital increases and convertible bonds to fund BTC purchases demonstrates a novel financing model for crypto treasury strategies. Success could encourage other firms to leverage similar tools, though it risks diluting shareholder equity if mismanaged.

As a public French company, Capital B’s aggressive BTC strategy may draw regulatory attention from EU authorities, particularly regarding financial stability and transparency in crypto treasury disclosures. A Bitcoin price correction could impair Capital B’s balance sheet, impacting its stock price and investor confidence, especially given its high-yield narrative.

Bitget’s perpetuals and Capital B’s BTC acquisition reflect a maturing crypto market integrating with traditional finance. The former expands speculative tools, while the latter solidifies Bitcoin’s role as a store of value, potentially driving complementary growth in crypto adoption.

Both developments could amplify market volatility—Bitget’s leverage fueling speculative trading and Capital B’s buying signaling bullish institutional sentiment. However, they also heighten risks of over-leveraging and price corrections.

Alibaba Announces Plan to Integrate Nvidia’s AI Dev. Tools

By
Samuel Nwite
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0

Alibaba announced Wednesday that it will integrate Nvidia’s AI development tools for robotics, autonomous driving, and smart spaces directly into its Cloud Platform for AI – a major partnership to push the boundaries of applied AI.

The partnership extends Nvidia’s dealmaking blitz, following its pledge to stake $5 billion in Intel and a headline-grabbing $100 billion investment in OpenAI.

At the heart of the deal is Nvidia’s Physical AI software stack, a system designed to construct 3D digital twins of real-world environments. These replicas generate synthetic training data for robotics, self-driving vehicles, or connected industrial spaces such as warehouses and factories.

While financial terms were not disclosed, the collaboration is strategically weighty. It unites the world’s leading supplier of AI-optimized chips with one of Asia’s most important cloud and AI infrastructure players, underscoring how both companies are racing to entrench themselves deeper in the global AI ecosystem.

The partnership is part of Alibaba’s broader pivot toward AI as it seeks to complement and diversify its e-commerce core. The company said Wednesday it is surpassing its previous $50 billion budget for AI investments, signaling its most aggressive expansion yet.

New initiatives include building data centers in Brazil, France, and the Netherlands—marking its first physical AI cloud infrastructure presence in Latin America and a strengthened foothold in Europe. Across the board, Alibaba now operates 91 data center locations across 29 regions, making it one of the fastest-expanding global cloud players.

The company also unveiled the latest in its in-house language model family, Qwen 3-Max, which it describes as its most advanced to date. Trained on 1 trillion parameters, Qwen 3-Max is optimized for coding and agentic tasks, a signal that Alibaba is not just competing on infrastructure but also on core model development.

For Nvidia, the Alibaba deal adds another high-profile alliance to a string of bold investments and partnerships that highlight its expanding role in shaping the AI industry. Its recent decisions to invest billions in Intel and OpenAI reveal a strategy that goes beyond supplying GPUs to actively steering the AI ecosystem.

The deal with Alibaba complements that vision by embedding Nvidia’s Physical AI stack into one of the largest non-U.S. cloud ecosystems. This not only extends Nvidia’s software reach but also strengthens its grip on the Chinese and global AI development market—particularly in applied AI domains like robotics, autonomous vehicles, and industrial automation.

Beijing’s Clampdown on Nvidia Chips

The timing, however, adds a layer of uncertainty. The Alibaba partnership comes as Beijing steps up its restrictions on Chinese companies’ use of U.S.-designed chips. Earlier this month, The Financial Times reported that the Cyberspace Administration of China (CAC) instructed leading firms—including TikTok parent ByteDance and Alibaba itself—to halt testing and orders of Nvidia’s RTX Pro 6000D, a GPU tailored specifically for the Chinese market.

According to the report, the directive not only froze new purchases but also required the cancellation of existing orders. This was seen as Beijing flexing its control in response to Washington’s export bans on high-performance GPUs such as the A100 and H100, which U.S. officials argue could be used for military and surveillance purposes. Nvidia responded by creating modified versions like the A800, H800, and RTX Pro 6000D, designed to comply with U.S. export rules while still serving Chinese clients.

But Beijing’s latest clampdown raises the risk that even these compromise chips may be swept into wider restrictions, further complicating Nvidia’s position in China. Against this backdrop, there is concern that Beijing may expand its scrutiny to additional Nvidia products, potentially impacting the very partnership now being celebrated with Alibaba.

However, the Nvidia–Alibaba deal reflects a broader race among tech giants to dominate the applied AI layer, where foundational models meet practical applications. But the partnership with Nvidia offers a powerful foothold in China’s AI ecosystem without directly relying on restricted hardware sales. For Alibaba, leveraging Nvidia’s Physical AI stack accelerates its ability to compete globally against Microsoft Azure, Google Cloud, and Amazon Web Services.

Yet the geopolitical headwinds cannot be ignored. Washington has steadily tightened restrictions on Nvidia’s most advanced GPUs, while Beijing appears intent on limiting domestic reliance on American-designed silicon altogether. If China extends its bans to additional Nvidia chips, it could chill the momentum of collaborations like the one with Alibaba—even if the partnership is primarily software-driven.

USD.AI’s $500M Deposit Cap Raise Is A Bold Step Toward Scaling AI-DeFi Integration

By
Paul Ugbede Godwin
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0

USD.AI is a decentralized stablecoin protocol designed to bridge decentralized finance (DeFi) with the AI industry. It issues USDai, a synthetic USD-pegged stablecoin, and sUSDai, a yield-bearing variant, both collateralized by tokenized GPU hardware and computational assets.

This allows AI companies to borrow against their high-value GPUs like NVIDIA chip for quick, equity-free capital, while depositors earn yields from the income generated by these assets.

Built by Permian Labs and launched on Arbitrum for low-cost, scalable transactions, USD.AI addresses the massive funding needs of AI startups by turning idle compute hardware into on-chain collateral.

Recent Funding and Growth

In August 2025, USD.AI raised $13M in Series A funding led by Framework Ventures, with participation from Dragonfly, Bullish, Arbitrum Foundation, and Digital Currency Group (DCG).

This capital is fueling expansion of GPU-backed lending and a public launch. During its private beta, the protocol quickly amassed $50M in deposits, demonstrating strong early demand for AI-linked yields.

USD.AI announced a major expansion of its pre-deposit vaults ahead of the full public launch. $500M up from $160M, which was reached just weeks earlier on. $250M allocated exclusively to the Plasma Foundation, a partner focused on efficient stablecoin settlement and cross-border payments.

Deposits open September 23, 2025, at 12 PM EST (16:00 UTC) via Ethereum Mainnet using USDC. This is positioned as potentially the “last raise before liquidity floods in,” aligning with an upcoming ICO 7% supply at $300M FDV, 100% TGE and airdrop 3% supply for stakers, with 30-day withdrawal lockups.

Token generation event (TGE) is expected in Q1 2026. This move reflects surging interest in AI-DeFi convergence, where stablecoins like USDai enable real-world asset (RWA) tokenization of GPUs. Analysts see it as a blueprint for scaling AI infrastructure financing, similar to how stablecoins revolutionized remittances.

For AI Builders it enhance faster loans 90% quicker than traditional lenders without diluting equity, backed by compute income. For Depositors: Earn T-Bill-like yields 98% backed by T-Bills, 2% by NVIDIA/Rockchip assets while supporting AI growth.

Stablecoin market cap is projected to hit $1T by 2026, with AI x crypto narratives driving new use cases like GPU vaults and autonomous agents. By raising the deposit cap to $500M, USD.AI can provide more AI companies with access to non-dilutive capital by collateralizing their GPU hardware.

This could accelerate AI development, as startups gain faster access to funds (90% quicker than traditional lenders) without sacrificing equity. The platform’s model of tokenizing high-value compute assets (e.g., NVIDIA GPUs) sets a precedent for real-world asset (RWA) integration in DeFi.

This could inspire similar platforms to tokenize other AI-related assets, like datasets or proprietary models, expanding the market for compute-backed finance. The $500M cap expansion, with $250M allocated to the Plasma Foundation, signals robust demand for yield-bearing stablecoins.

Depositors can earn T-Bill-like returns potentially drawing institutional and retail capital into DeFi. The partnership with Plasma Foundation for efficient stablecoin settlement suggests USD.AI could play a role in cross-border payments, competing with traditional systems like SWIFT.

The cap raise, timed before a Q1 2026 token generation event (TGE) with a $300M fully diluted valuation (FDV) and 7% token supply, positions USD.AI to capitalize on the growing AI x crypto narrative. The planned airdrop (3% supply for stakers) could drive early adoption and speculative interest.

The rapid cap increase from $160M to $500M in weeks reflects high demand but also raises concerns about over-leveraging or mismanaging GPU collateral. If GPU valuations drop it could impact USDai’s peg stability or depositor confidence.

USD.AI’s unique focus on GPU-backed stablecoins sets it apart from traditional stablecoins (e.g., USDT, USDC) and other RWA platforms (e.g., real estate tokenization). However, it faces competition from emerging AI-DeFi protocols and must maintain trust in its collateral management.

Built on Arbitrum for low-cost, scalable transactions, USD.AI’s growth could further solidify Arbitrum as a go-to layer-2 for DeFi and AI applications. This may drive more projects to Arbitrum, boosting its TVL and ecosystem.

USD.AI’s model lowers barriers for AI startups, especially smaller players, to access capital without relying on venture capital or traditional banks. This could democratize AI innovation, particularly in regions with limited access to funding.

GPU-heavy AI compute is energy-intensive. If USD.AI’s growth fuels more GPU purchases or usage, it could face scrutiny over its environmental footprint unless mitigated by sustainable practices (e.g., green energy for data centers).

Tokenizing physical assets and issuing stablecoins invites regulatory attention, especially in jurisdictions like the U.S. where stablecoin oversight is tightening. USD.AI’s $500M cap and upcoming ICO may attract scrutiny, potentially impacting operations or investor sentiment.

The Series A backing from major players like Framework Ventures and Dragonfly, combined with the cap raise, signals strong investor confidence. However, the 7% ICO supply and $300M FDV suggest a high valuation, which could limit upside for late investors if not matched by growth.

Rainbow Wallet’s $RNBW Token Launch As Coinbase’s Mag7 + Crypto Equity Index Futures Launch

By
Paul Ugbede Godwin
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0

Rainbow, a popular non-custodial Ethereum wallet known for its user-friendly interface and support for NFTs and DeFi, officially announced the launch of its native token, $RNBW, slated for Q4 2025.

This confirmation ties directly into Rainbow’s existing points program, which was introduced in December 2023 to reward users for activities like token swaps and wallet interactions—points that will convert into $RNBW tokens.

Token Generation Event (TGE) is expected in Q4 2025, with approximately 20% of the total supply released into circulation at launch. $RNBW will power new features like perpetual futures trading via a partnership with Hyperliquid and a gamified “King of the Hill” daily token experience to boost in-wallet activity.

Alongside the token reveal, Rainbow rolled out Phase 3 updates, including real-time pricing, instant balance refreshes, live candlestick charts, and expanded EVM network support in its in-app browser.

New users can still participate by downloading the wallet mobile or browser extension, importing an existing EVM wallet, applying a referral code for a 10% points boost, and performing swaps (e.g., at least $100 for bonus points). Invites and daily activity further increase earnings.

This move follows similar token teases from competitors like MetaMask and Rabby, signaling a broader trend of wallet providers tokenizing to enhance user incentives and ecosystem growth. Rainbow, backed by $19.5 million in funding, positions $RNBW as a tool for rewarding “fun onchain” experiences.

Coinbase’s Mag7 + Crypto Equity Index Futures

Coinbase Derivatives launched the Mag7 + Crypto Equity Index Futures—the first U.S.-listed derivatives product to bundle exposure to major tech equities and cryptocurrency ETFs in a single contract.

This hybrid instrument targets institutional investors seeking efficient hedging and diversified bets across traditional finance (TradFi) and crypto, addressing a long-standing gap in multi-asset derivatives.

Monthly, cash-settled futures with a notional value of $1 × the index price (e.g., $3,000 index = $3,000 contract). Quarterly rebalancing ensures alignment with market shifts, with MarketVector as the index provider.

Initially available on partner platforms for institutions; retail expansion planned soon. The launch coincides with rising institutional crypto interest and Big Tech’s alignment with risk-on sentiment, potentially boosting crossover trading volumes. It’s regulated under CFTC oversight with segregated accounts for compliance.

This product underscores Coinbase’s push into equity-linked derivatives, blending innovation sectors like AI-driven tech and digital assets into one efficient tool— a step toward seamless TradFi-crypto integration.

With features like Hyperliquid-powered perpetual futures and the “King of the Hill” gamified token game, $RNBW positions Rainbow as a “fun on-chain” hub, potentially boosting daily active users (DAUs) by 20-30% pre-TGE through referrals and activity multipliers.

However, it raises eligibility concerns—users must maintain transaction histories for point verification, and final tokenomics could dilute rewards if supply balloons. As an infrastructure play, $RNBW could enhance liquidity in EVM ecosystems by tying rewards to DeFi and NFT interactions, capitalizing on expected Q4 market recoveries.

Yet, recent drama, like the rejected acquisition of Clanker protocol offering 4% of $RNBW supply, highlights integration risks, sparking Base ecosystem volatility and ethical debates on DeFi mergers.

$RNBW could solidify Rainbow’s edge in user experience, but success hinges on transparent distribution and seamless app upgrades to avoid alienating its 1M+ user base.

Implications of Coinbase’s Mag7 + Crypto Equity Index Futures

Coinbase’s debut of the Mag7 + Crypto Equity Index Futures—the first U.S.-listed derivative blending “Magnificent 7” tech stocks, COIN shares, and BlackRock’s IBIT/ETHA ETFs—ushers in hybrid multi-asset trading, enabling institutions to hedge or speculate on tech-crypto convergence with a single, cash-settled contract 10% weighting per asset, quarterly rebalanced by MarketVector.

This $1x index notional (e.g., $3,000 at launch) addresses a key gap in fragmented markets, where 86% of institutions seek diversified crypto exposure but face operational hurdles. With a low 0.52 correlation between equities and crypto, the index offers a Sharpe ratio of 1.45 (vs. S&P 500’s 0.17), allowing efficient hedging—e.g., a 75/25 equity/BTC mix historically outperforms during stress.

It democratizes access for retail phased rollout post-institutional while providing leverage up to 10x, potentially drawing $5B+ in daily volumes by amplifying liquidity across TradFi and crypto. By including regulated ETFs, it legitimizes crypto as a core portfolio staple, aligning with rising institutional bets 59% allocating >5% AUM to digital assets.

Coinbase’s CFTC compliance and segregated accounts mitigate risks, positioning it as an “everything exchange” amid acquisitions like Deribit—though basis risk between ETFs and spot prices could widen in volatility spikes. The product could catalyze capital inflows to both sectors, boosting COIN’s valuation 10% weighting and ETF volumes, while signaling regulatory maturity.

However, it exposes users to amplified losses (e.g., 10% index drop = $300/contract hit) and policy shifts, like SEC tweaks to crypto ETFs. In essence, this futures product accelerates crypto’s mainstream integration, potentially reshaping $100T+ derivatives markets, but demands savvy risk navigation amid its innovative hybrid nature.

Kraken Partners with Legion to Launch Yield Basis (YB) Token Sale

By
Paul Ugbede Godwin
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0

Kraken, a major cryptocurrency exchange, has announced the debut of its new token launch platform, Kraken Launch, with the first project being Yield Basis (YB), a Bitcoin-native yield protocol created by Michael Egorov, the founder of the DeFi protocol Curve Finance.

The partnership involves Legion, a reputation-based access platform for token distributions, to ensure a fair and merit-based allocation process. Kraken Launch aims to provide users with early, compliant access to token sales in a transparent manner. This is the inaugural offering on the platform.

The YB sale will occur in two phases: Phase 1 is reserved for users with high Legion Scores a reputation metric, allocating about 20% of the supply. Phase 2 is open to all eligible Kraken users. YB tokens are expected to list on Kraken shortly after the sale, providing immediate liquidity.

Total supply is capped at 1 billion YB tokens, with 300 million in initial circulation. Yield Basis is designed to generate BTC-native yields through a fee-driven model on Ethereum, building on Curve’s automated market maker (AMM) architecture.

Automated Re-Leveraging maintains liquidity provider (LP) exposure aligned with underlying BTC assets, minimizing impermanent loss from AMM curvature risks. Locked veYB vote-escrowed YB tokens govern emissions and earn a share of protocol fees via a dynamic admin fee minimum ~10%, up to 100% based on LP opt-ins.

Approved by Curve DAO for a $60 million crvUSD credit line to seed three Bitcoin liquidity pools each capped at $10 million. This ties YB’s growth to Curve’s stablecoin ecosystem, with 35–65% of revenue shared with veCRV holders and 25% reserved for the Curve ecosystem.

This move comes amid Curve’s efforts to enhance CRV tokenomics through revenue-sharing, following Egorov’s proposal on September 17, 2025, to transform governance tokens into yield-bearing assets. The launch highlights growing demand for on-chain Bitcoin liquidity strategies.

Yield Basis introduces a novel way to generate BTC-native yields on Ethereum using Curve’s AMM infrastructure. This could drive greater adoption of Bitcoin in DeFi by enabling holders to earn sustainable yields without relying on volatile, high-risk strategies.

The protocol’s automated re-leveraging and dynamic fee structure 10–100% admin fees aim to minimize impermanent loss and provide stable returns, appealing to institutional and professional traders seeking low-risk BTC exposure.

By integrating with Curve’s $60 million crvUSD credit line and sharing revenue with veCRV holders, Yield Basis strengthens Curve’s ecosystem while competing with other Bitcoin-focused DeFi protocols (e.g., Aave, MakerDAO) for liquidity and user attention.

Kraken Launch’s use of Legion’s reputation-based scoring for Phase 1 allocations promotes merit-based access, potentially reducing bot-driven or whale-dominated token sales. This could set a precedent for equitable token distribution in the industry.

By offering early access to high-potential projects like YB, Kraken strengthens its position as a leading exchange for both retail and institutional users, competing with platforms like Binance Launchpool or Coinbase.

Yield Basis’s integration with Curve, including the 35–65% revenue share with veCRV holders and 25% allocation to Curve’s ecosystem, enhances CRV’s tokenomics. This aligns with Egorov’s vision to transform governance tokens into yield-bearing assets, potentially increasing CRV’s value and utility.

The allocation of 3% of YB tokens for Curve voting reserves suggests ongoing collaboration, giving Curve DAO influence over Yield Basis’s development and potentially aligning the two protocols’ long-term goals.

Yield Basis’s focus on professional traders and institutions, combined with its low-risk yield model, could attract traditional finance players to DeFi, especially as Bitcoin remains a preferred crypto asset for institutions.

Yield Basis’s success depends on effective management of liquidity pools and fee distribution. Any technical issues or mismanagement could undermine confidence in the protocol.

As a BTC-focused protocol, YB’s performance is tied to Bitcoin’s price stability and DeFi market conditions, which could impact yields and adoption. Other DeFi platforms offering Bitcoin yield strategies may challenge Yield Basis’s market share, requiring differentiation through innovation or partnerships.

The Kraken-Legion-Yield Basis partnership marks a significant step in integrating Bitcoin with DeFi, enhancing Curve’s ecosystem, and establishing Kraken as a player in token launches. It could drive institutional adoption, improve token sale fairness, and set new standards for yield-generating protocols.

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