The unversity’s endowment disclosed holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF. The $9 billion endowment of Ivy League university Dartmouth College reported new investments with exposure to cryptocurrencies, increasing the digital assets in its portfolio since January. In a Thursday filing with the US Securities and Exchange Commission (SEC), the trustees of Dartmouth College reported that the university endowment held about $3.3 million worth of the Bitwise Solana staking exchange-traded fund (ETF). The trustees also disclosed about $3.5 million worth of the Grayscale Ethereum staking ETF and about $7.7 million of BlackRock’s iShares Bitcoin ETF. Read more
Solana ETFs recorded their strongest weekly inflow since February as SOL futures open interest climbed nearly 30%. Is SOL bracing for a rally to $120? The spot Solana (SOL) exchange-traded funds (ETFs) recorded their strongest weekly performance since February, attracting $39.23 million in total net flows. The surge in capital inflows coincided with SOL futures open interest rising by $1.5 billion in May, signaling a sharp increase in trader positioning across the derivatives markets. The rise in market activity comes alongside Solana’s 15% rally to $97 in the past seven days, with traders targeting the next major resistance level at $120. Bitwise’s BSOL ETF led the latest inflow wave with $36 million in weekly net inflows last week, while Fidelity’s FSOL added over $1.8 million. Since its launch, BSOL has attracted $861 million, accounting for nearly 81% of cumulative inflows across all spot SOL ETFs, which now total about $1.06 billion. Read more
The crypto wallet company pairs the XO Cash token with software tools that let AI agents transact using preset spending controls and stablecoin payments. Crypto wallet provider Exodus has launched XO Cash, a Solana-based stablecoin and software toolkit designed to let AI agents make payments and access services without directly controlling private keys. According to Friday's announcement, the system, developed with MoonPay, allows developers to create agent-linked wallets, assign spending limits and issue virtual debit cards tied to Visa payment rails. XO Cash integrates with Exodus Pay and includes a software development kit that allows users to fund AI agent wallets using their Exodus Pay balances while maintaining custody of their private keys. Users can set transaction caps, merchant restrictions and daily spending limits for each agent wallet. Read more
Investors back a model that moves insurance risk and capital flows onto blockchain rails, as onchain reinsurance looks to attract institutional participation. Forward Industries and crypto investment company RockawayX have co-led a strategic investment in OnRe, a startup building reinsurance infrastructure on the Solana blockchain, in a move aimed at bringing traditional risk-transfer markets onto decentralized rails. The companies said Tuesday they co-led OnRe’s $5 million Series A round, with Forward planning to allocate up to $25 million into the platform’s yield-bearing token on Solana. The funding will be used to expand OnRe’s platform and attract more institutional participants to onchain reinsurance, a niche but emerging segment within decentralized finance. Read more
The deal adds a Solana-based trading infrastructure platform that has processed more than $50 billion in volume and aggregates liquidity across multiple venues. MoonPay has acquired DFlow, a trading infrastructure provider on Solana that routes and executes transactions across multiple liquidity sources. Financial terms were not disclosed, though Fortune reported the deal was valued at around $100 million in stock, citing two sources with direct knowledge of the matter. DFlow has processed more than $50 billion in trading volume on Solana since 2025, including over $12 billion in the first quarter of 2026, according to Tuesday's announcement. The platform supports more than 1 million users across 500 applications. Read more
Solana is launching a Swiss-based research institute and practitioner guide to help European financial institutions evaluate its blockchain as regulatory clarity and onchain usage grow. Solana is launching a Swiss-based research body to help financial firms interpret evolving crypto regulations, as competition intensifies between public blockchains and permissioned networks for institutional adoption. The Solana Research Institute (SRI), founded by former Euroclear executive Angus Scott, is debuting alongside a roughly 60-page report aimed at senior financial practitioners evaluating the network, according to a Thursday release shared with Cointelegraph. Contributors include the Solana Foundation, Jito, R3 and Figment. The initiative is designed to help institutions navigate frameworks such as Europe’s Markets in Crypto Assets Regulation (MiCA) framework and the United States’ Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, as regulatory clarity begins to shape how firms engage w...
Shinhan Card signed a deal with Solana Foundation to expand stablecoin payment tests and explore non-custodial wallets and DeFi-based services. One of South Korea’s largest credit card providers, Shinhan Card, signed a memorandum of understanding with the Solana Foundation to test stablecoin payment technology and explore the use of non-custodial wallets through a more advanced follow-on proof of concept (PoC). Following a joint pilot project completed at the beginning of April, the new partnership will conduct a more “advanced” PoC to explore the commercial feasibility of stablecoin payments for merchants and customers seeking an improved payment experience, Shinhan Card announced on Thursday. The partnership will also explore developing a “hybrid financial model” that combines traditional finance (TradFi) and decentralized finance (DeFi) infrastructure. Read more