DeFi Development Company, known as the 'MSTR of Solana', has filed a $1 billion shelf offering with the SEC, allowing them to issue new securities over time. The firm is pivoting towards Solana by holding and staking SOL tokens, mirroring strategies used by other crypto-focused companies.

Coinbase is relaunching its Stablecoin Bootstrap Fund aimed at enhancing liquidity in the decentralized finance (DeFi) sector. This initiative is part of Coinbase's broader strategy to support the growth of DeFi and improve user experiences in the cryptocurrency ecosystem.

A new draft of a major crypto market structure bill in the U.S. Senate proposes establishing a joint advisory committee between the SEC and CFTC to harmonize digital asset regulations. The bill includes protections for DeFi developers, clarifies the treatment of airdrops, and exempts Decentralized Physical Infrastructure Networks from securities laws.

Andre Cronje's new crypto project, Flying Tulip, has raised $200 million at a $1 billion token valuation, with plans to raise an additional $800 million through a public sale. The project aims to create an onchain exchange that integrates various DeFi functions, offering investors an innovative "onchain redemption right" for downside protection.

Leverage in the crypto market experienced significant growth in Q2 2025, with onchain crypto-collateralized loans reaching an all-time high of $26.5 billion, a 42% increase. Digital asset treasury companies maintained stable debt levels while the outstanding loans in CeFi and DeFi platforms collectively expanded to $44.25 billion, demonstrating a resurgence in borrowing activities amid rising asset prices.