Moonshot AI has begun preparing for a Hong Kong initial public offering and could complete the listing in as little as six months, according to a report cited by PANews from Sina Finance. The company has informed investors that it is adjusting its corporate structure as part of the IPO process. The development comes one day after Moonshot AI formally unveiled Kimi K3 in the early hours of July 17. The company described Kimi K3 as its strongest model to date, with 2.8 trillion total parameters, a 1 million-token context window, and native multimodal capabilities. Moonshot AI said the model is built for long-horizon intelligent coding and self-evolving workflows, and called it the world’s largest open-source model by parameter count currently available.

Moonshot AI’s Kimi has informed investors that it is adjusting its corporate structure and preparing for an initial public offering in Hong Kong, according to Odaily. Based on the information disclosed in the brief update, the company could complete the listing in as little as six months. The report did not provide further details on the restructuring plan, deal size, valuation, or listing timetable beyond that window. Odaily attributed the update to its newsflash service.

A commentary republished by WuBlockchain from Liu Lei’s legal team argues that many on-chain "tokenized stocks" tied to names such as SpaceX, SanDisk, Nvidia and Tesla do not necessarily give buyers any actual equity in those companies. The piece says the tokenized stock market grew from $327 million to $1.5 billion over the past year, drawing in investors who cannot directly access the U.S. stock market but still want exposure through crypto rails. The article breaks these products into three legal structures. One is a fully registered model in which token holders are entered into the official shareholder register, with Superstate cited as an example and described as a transfer agent registered with the U.S. Securities and Exchange Commission that records equity on Solana. A second, more common structure uses an offshore special purpose vehicle, or SPV, to hold real shares while on-chain tokens represent a claim on that entity rather than direct stock ownership. A third category has no real shares at all and instead tracks price through funding rates and oracles, similar to perpetual contracts. The piece also notes that the Depository Trust & Clearing Corporation plans a tokenized securities pilot in 2026 and that the New York Stock Exchange is exploring a 24-hour tokenized stock trading system. For mainland China users, it highlights three risks: potential securities law issues when soliciting others, foreign exchange and tax exposure when using USDT or similar tokens for deposits and withdrawals, and high cross-border litigation costs.

Tether has introduced a web testing platform for its wallet development kit, according to a post on X by Paolo Ardoino. The new feature lets users test core wallet functions directly in a browser, removing the need for a separate local setup for basic checks. The update was reported by Odaily and was presented as a product capability announcement rather than a broader roadmap disclosure. No additional technical details, launch metrics, or supported wallet features were provided in the brief update. The announcement centers on browser-based access to basic wallet testing through Tether’s development toolkit.

BlockBeats reported on July 18, citing on-chain data, that Flap founder Cedric has bought STOCKCAT (SCAT), a meme token issued by the Flap platform within the Robinhood Chain ecosystem. STOCKCAT is described as a community-driven meme project launched on Robinhood Chain, combining meme stock culture with an on-chain asset narrative. The report did not provide transaction size or pricing details. BlockBeats also warned that meme tokens can be highly volatile, with price action driven largely by market sentiment, community attention and narrative momentum rather than stable fundamentals. As a result, investors are advised to pay close attention to risk when trading or holding such assets.

According to Jinshi, Ukrainian President Volodymyr Zelensky said Ukraine struck two major logistics facilities in Russia’s Moscow and Tambov regions and also hit Russian oil facilities. The update was published by ChainCatcher as a 7x24 news brief. No additional operational details were provided in the item.

Solana Mobile has started the Seeker Summer Round 1 claim event for SKR tokens, giving eligible participants access to their allocations through Seed Vault Wallet. The distribution is split into three tiers based on participation level: Level 3 users can claim 3,000 SKR, Level 2 users 2,000 SKR, and Level 1 users 1,000 SKR. The company also said some highly active Level 3 participants will receive additional rewards on top of the base allocation. To claim, users need to open their Seeker device, enter Seed Vault Wallet, go to the Activity Tracking page, select "Check Available Allocations," and complete the claim process. Solana Mobile said the claim window will remain open for 30 days. After claiming, users can stake SKR to earn rewards, either by staking directly to Guardians inside Seed Vault Wallet or by using the SKR Staking web interface.

Solana Mobile has opened claims for Seeker Summer Round 1 of its SKR token distribution, giving eligible participants access to their allocations through Seed Vault Wallet. The round uses a three-tier structure based on participation level. Level 3 users can claim 3,000 SKR, Level 2 users can claim 2,000 SKR, and Level 1 users can claim 1,000 SKR. Solana Mobile also said that some highly active Level 3 participants will receive additional reward allocations. The claim window will remain open for 30 days. After claiming, users can stake SKR to earn rewards. The token can be staked directly to Guardians within Seed Vault Wallet, or through the SKR Staking web interface. The announcement focuses on the claim process, allocation tiers and staking options available once tokens have been received.