C98ETHCoin98 On ETH Precio

On August 27, on-chain analyst Yu Jin reported that a suspected a16z, currently the largest institutional holder of HYPE, has made another purchase and staking of HYPE after acquiring $24 million worth of HYPE at an average price of $68.7 in June. In the past day, this institution deposited 36 million USDC into Hyperliquid through 12 addresses, with approximately 24 million USDC used to buy 282,090 HYPE at an average price of about $81.5. Currently, this institution has cumulatively acquired and staked 4.679 million HYPE, valued at approximately $381 million, with an overall average holding price of about $65.6, resulting in an unrealized profit of around $74.4 million.

On August 27, on-chain analyst Yu Jin reported that a suspected a16z, currently the largest institutional holder of HYPE, has made another purchase and staking of HYPE after acquiring $24 million worth of HYPE at an average price of $68.7 in June. In the past day, this institution deposited 36 million USDC into Hyperliquid through 12 addresses, of which approximately 24 million USDC was used to buy 282,090 HYPE at an average price of about $81.5. Currently, the institution has cumulatively purchased and staked 4.679 million HYPE, valued at approximately $381 million, with an overall holding average price of about $65.6, resulting in an unrealized profit of around $74.4 million.

On August 27, FinTax, a provider of cryptocurrency financial and tax solutions along with its AI infrastructure, announced the completion of its Seed round financing, led by YZi Labs (through EASY Residency S4). Other participants included Amber, Hash House, Pundi AI, Waverider International, and Nexus Holdings, with a post-investment valuation of $40 million. Previous investors include Victory Courage, BGIN, Tools Factory, and individual investor Fan Chao. In recent years, YZi Labs has been actively investing in stablecoins, RWA, payment systems, and institutional-level digital asset infrastructure. Leveraging FinTax's expertise in on-chain data processing, crypto accounting, cross-jurisdictional tax practices, and financial auditing of crypto assets, both parties will explore long-term ecological collaboration around institutional-level tax and financial infrastructure, compliance standards, and emerging scenarios such as stablecoins, RWA, and payments, further strengthening the connection between FinTax, YZi Labs, and its ecological partners. Following this round of financing, FinTax will accelerate the scaling of its five product lines, expanding its business from the Asia-Pacific and North American markets to Europe and the Middle East, while deepening the application of AI in complex tax and financial scenarios. The theme for the next decade is the integration of blockchain with legal systems, and FinTax will continue to promote the dual iteration of blockchain and legal systems across dozens of jurisdictions, enabling on-chain economic activities to connect with the real-world tax and financial systems, transitioning blockchain from technical consensus to social consensus.