Welcome to the 132th edition of Sharding Weekly!
2026/5/18 - 2026/5/24
Some Highlights:
🔸Trump says Iran peace deal framework is largely negotiated, including reopening the Strait of Hormuz
🔸Traders fully price in a 25bps Fed rate hike by end of 2026
🔸The US Senate advances measure requiring congressional approval for continued military action against Iran
🔸Trump orders US regulators to integrate crypto into traditional finance and payments
🔸Rep. Begich introduces Bitcoin bill to codify its strategic importance in the US
🔸SEC delays plan to allow tokenized stock trading amid concerns and pushback
🔸Michael Saylor says Strategy bought bonds instead of Bitcoin this week
🔸Elon Musk’s SpaceX officially files for IPO under ticker
$SPCX
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📰News
$BTC
•Strategy acquired 24,869 BTC for $2.01B at an average price of $80,985
•Iran launches Bitcoin-backed insurance service for ships transiting the Strait of Hormuz
•Minnesota Governor signs bill allowing banks and credit unions to offer Bitcoin custody services to customers
•Trump’s Truth Social withdraws its Bitcoin ETF application with the SEC
•SpaceX’s IPO filing reveals holdings of 18,712 BTC at an average cost of $35,000
•SEC approves options trading for the Nasdaq Bitcoin Index
•Mark Cuban reveals he sold most of his BTC holdings
$ETH
•Bitmine bought 71,672 ETH last week, raising holdings to 5.28M ETH
$SOL
•Goldman Sachs sold all SOL and XRP ETF holdings and added a new HYPE-related
$PURR position in Q1
Others
•Japan’s FSA officially recognizes foreign-issued stablecoins as legal electronic payment methods starting June 1
•Tether files seven trademark applications in South Korea, including Tether Gold
•Elon Musk loses OpenAI lawsuit over late filing
•OpenAI cofounder Andrej Karpathy joins Anthropic
•Samsung’s South Korean labor union postpones strike
•South Korea considers scrapping its planned 22% crypto tax
•
@Polymarket says no user funds were affected after a compromised 6-year-old private key was discovered and replaced
•
@fantasy_top_ announces shutdown of operations
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📖Good Reads
•
@chuk_xyz - Agentic Finance Is More Than AI That Can Pay
•
@ustyianskyi - weekly research notes #8
•
@AvgJoesCrypto - State of Solana Q1 2026
•
@mignano - The Biometric Web
•
@Bitwise - Hyperliquid Is What You Get When Crypto Is Allowed To Grow Up
•
@BarterDeFi - Fixed-rate Lending: The long road to predictable credit
•
@coingecko - 2026 Crypto Perps Report
•
@blocmates - Collectibles Market Pulse Check
•
@a16zcrypto - The latency cost of censorship resistance
•
@castle_labs - The Vaultification of Finance
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💰Crypto Fundraising
DeFi
•
@TownSquarexyz - 16.25m Pre-Series A
AI
•
@AEON_Community - 8m Pre-Seed led by
@yzilabs
•
@catena_labs - 30m Series A led by
@a16zcrypto @acrewcapital
•
@ExaAILabs - 250m Series C led by
@a16zcrypto
Exchange
•
@variational_io - 50m Series A led by
@dragonfly_xyz
•
@popdex_ - 30m Seed led by
@ForesightVen
•
@temple_ny -
$TBD Strategic investment from SBI Group
Prediction Markets
•
@Kalshi - 200m Extended Series F
•
@K25dotai - 2m Pre-Series A led by NewGenIVF Group
RWA
•
@jia_DeFi - 3m Extended Seed led by
@cbventures
Analytics Platform
•
@daokraft_ai - 3.4m Private Token Sale
Payments
•
@UseLemfi -
$TBD Extended Series B investment from
@tether
•
@checkercorp - 8.1m Seed led by
@GalaxyHQ @hiFramework @almadaventures
•
@cyclesmoney - 6.4m Seed led by Blockchange Ventures
Wallet
•
@sortedwallet - 4.4m Seed led by
@tether @GnosisVC
•
@FOUNDATIONdvcs - 6.4m led by
@FulgurVentures
GameFi
•
@tomoland_app - 2m led by
@Sky9Capital
That’s all🥂
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