Today’s Insider ⬇️
💵 Crypto Funding: Dragonfly Capital Closes $650 Million Fourth Fund Amid Crypto VC Downturn
🏘️ Crypto Mortgage: Crypto Mortgage Lender Milo Surpasses $100 Million in Originations
🚀 Blockchain Pilot: BNP Paribas taps Ethereum for new money market fund tokenization pilot
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $67,670 | +1.12% | -31.34% |
Ethereum | $1,967 | +1.33% | -28.49% |
Solana | $84 | +3.37% | -51.48% |
XRP | $1.42 | +0.89% | -47.39% |
S&P 500 | $6,906 | +0.65% | +12.90% |
Gold | $5,086 | +2.17% | +69.51% |
1. Dragonfly Capital Closes $650M Fourth Fund, Defying Crypto VC Downturn
Crypto funding: Dragonfly Capital has closed its $650 million fourth fund, defying the crypto VC downturn and positioning itself to deploy capital during the bear market.
🔎 Insider Insight: Dragonfly’s ability to raise significant funds amid a "mass extinction event" for crypto VC highlights its strong track record and resilience. The firm sees the downturn as an opportunity to back promising projects and solidify its position among top crypto venture players.
Top Crypto Insider Pick of 2025
BlockchainFXIs Transforming Global Trading Through DeFi Innovation
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $13 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.031, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Milo Surpasses $100M in Crypto-Backed Mortgages, Setting Record Amid Volatility
Crypto mortgage: Crypto mortgage lender Milo surpasses $100 million in originations, including a record $12 million transaction, while maintaining zero margin calls despite market volatility.
🔎 Insider Insight: Milo’s success demonstrates growing acceptance of crypto-backed financial products, offering innovative solutions for high-net-worth crypto holders. Its ability to avoid margin calls amid volatility highlights the robustness of its lending model.
What does the term “gas” refer to on the Ethereum network?
3. BNP Paribas Pilots Ethereum-Based Tokenized Money Market Fund
Blockchain pilot: BNP Paribas launches a blockchain pilot on Ethereum, issuing tokenized shares of a French money market fund through its AssetFoundryTM platform under a permissioned access model.
🔎 Insider Insight: BNP Paribas’ use of Ethereum for tokenized funds highlights the growing adoption of public blockchains by institutional players. This pilot underscores a shift towards operational efficiency and security while maintaining regulatory compliance in tokenized finance.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
