governance token

Founders Fund

2026-10-07 00:53:00

Founders Fund leads $5 million purchase of Anvil governance token as ANVL jumps 97.2%

Founders Fund, backed by billionaire Peter Thiel, led a $5 million purchase of ANVL, the governance token of DeFi collateral protocol Anvil, according to CoinDesk. Pantera Capital, Theta Blockchain Ventures, Bullish, and Protoscale Capital also joined the deal. Anvil said the tokens sold in the transaction came from the project treasury rather than a new issuance, while the deal terms and valuation were not disclosed. Built on Ethereum, Anvil is designed to use digital assets as collateral for financial commitments such as payments and credit. Its development arm, Anvil Research Labs, also rolled out an SDK aimed at helping enterprises and financial institutions integrate the protocol without writing blockchain code. Bullish, Consensus, Bitcoin.com, and Flexa are listed as partners. The purchased ANVL tokens carry governance voting rights. The protocol currently has about $14 million in total value locked, with a total token supply of 100 billion and a circulating supply of 80 billion. Following the news, CoinGecko data showed ANVL rising 97.2% over 24 hours, pushing its market capitalization above $110 million.

180

ANVL

2026-10-07 00:52:20

ANVL jumps more than 83% in 24 hours after Founders Fund-backed token purchase report

ANVL rose more than 83% over the past 24 hours after news emerged that Peter Thiel’s Founders Fund led a $5 million purchase of Anvil governance tokens, according to Odaily. The token was quoted at $0.001242 at the time of the report, lifting its market capitalization to $109 million. Fully diluted valuation stood at $124 million, while 24-hour trading volume reached $415,000. Anvil is built on Ethereum and is designed to use digital assets as collateral for financial commitments such as payments and credit. Its development company, Anvil Research Labs, also launched an SDK aimed at helping enterprises and financial institutions integrate the protocol without writing blockchain code. Consensus, Bitcoin.com, and payments company Flexa were listed as partners. ANVL has a total supply of 100 billion tokens, with about 80 billion in circulation, and the Anvil network’s total value locked was reported at roughly $14 million.

200

Solomon

2026-10-06 22:36:40

Solomon names institutional SOLO holders and outlines its onchain distribution framework

Solomon, a platform focused on managing economic relationships around onchain assets, said Colosseum, Theia, DBA and Anagram have backed the project by holding SOLO. According to the company, those firms became holders at different stages of Solomon’s development. Some joined its public sale, while others acquired SOLO through market purchases or over-the-counter transactions, and several later increased their positions. Solomon said its model is built around public ownership, with institutional backers and individual holders using the same ownership and governance token and sharing an interest in the project’s long-term development. The company also described the operational problem it is trying to address as more financial assets move onchain: businesses need systems to manage revenue, incentives and obligations, including eligibility checks, payment calculations and policies that apply across products, customers and jurisdictions. Solomon said issuers and applications can use its platform to configure yield, rewards, dividends and other distributions while retaining control over eligibility, approvals, allocations and commercial relationships. It added that USDv is an early implementation of that framework, allowing eligible holders to receive rewards without staking, wrapping or locking tokens. Solomon said its next step is to serve more issuers and enterprises and expand USDv usage across trading pairs, treasuries and applications.

180

Anvl

2026-10-06 17:04:44

Anvl completes $5 million governance token purchase led by Founders Fund

Anvl has completed a $5 million governance token purchase, with Founders Fund leading the deal and Pantera Capital listed among participating institutions. According to the information provided by ChainCatcher, the funds came from Anvil’s existing treasury rather than from a new token issuance. The disclosure identifies the transaction as a governance token purchase and does not describe it as a fresh fundraising round tied to newly minted tokens. No additional terms, valuation details, or participant breakdown were disclosed in the brief. The announcement centers on two points: the size of the purchase and the source of funds. Founders Fund was named as lead investor, while Pantera Capital and other institutions also took part. ChainCatcher’s note did not provide further details on allocation, pricing, or timing beyond the published update.

190

Anvil

2026-10-06 17:05:15

Anvil completes $5 million governance token purchase led by Founders Fund

Crypto asset collateral protocol Anvil said it has completed a $5 million governance token purchase, with venture capital firm Founders Fund leading the round. Pantera Capital, Theta Blockchain Ventures, Bullish and Protoscale Capital also participated. Anvil also said it has launched a software development kit aimed at helping enterprises and financial institutions integrate its digital asset collateral technology without writing blockchain code. According to the company’s description, the protocol uses collateral to back financial commitments and does not require collateral providers to borrow funds or pay interest. The update was reported by CoinDesk and carried by Odaily as a newsflash under the technology category.

200

Standard Char

2026-09-19 23:23:02

Standard Chartered sees ARB at $10 by 2030, with Arbitrum monthly revenue projected at $5 million

Standard Chartered’s head of digital asset research, Geoff Kendrick, said ARB could reach $10 by the end of 2030, laying out a multiyear price path that includes targets of $0.5 in 2026, $1.5 in 2027, $3.5 in 2028 and $6.5 in 2029. The forecast uses $0.14 as a reference price and compares that outlook with ARB’s current price of about $0.21, which the report says implies roughly 48x upside. The bank also said Arbitrum’s monthly revenue could reach $5 million in September, more than five times the level seen before the launch of Robinhood Chain. Robinhood Chain went live on July 1 as a public mainnet built on Arbitrum, targeting tokenized assets and decentralized finance applications. Under the Expansion Program, 10% of protocol net revenue is returned to the Arbitrum ecosystem, with 8% going to the ArbitrumDAO treasury and 2% allocated to the Arbitrum Developer Guild. Standard Chartered noted that ARB is an ERC-20 governance token used for voting on ArbitrumDAO proposals. It does not represent ownership of onchain assets and does not currently provide a direct mechanism to capture Arbitrum revenue. The bank said slower tokenization, rival blockchains and the lack of direct value capture for ARB are the main risks to its forecast.

460

Standard Char

2026-09-19 23:23:48

Standard Chartered’s Geoff Kendrick sees ARB at $10 by the end of 2030

Standard Chartered’s head of digital asset research, Geoff Kendrick, said ARB could reach $10 by the end of 2030, laying out a multi-year price path that starts at $0.5 in 2026 and rises to $6.5 in 2029 before hitting the final target. The forecast uses $0.14 as a reference price and compares the 2030 target with ARB’s current price of about $0.21, implying a 48x move. Kendrick tied that view to expected growth in Arbitrum’s revenue. Monthly revenue is projected to reach $5 million, more than five times the level seen before the launch of Robinhood Chain. Robinhood Chain went live on July 1 as a public mainnet built on Arbitrum and aimed at tokenized assets and decentralized finance applications. Under the Expansion Program, 10% of protocol net revenue is set to flow back to the Arbitrum ecosystem, with 8% allocated to the ArbitrumDAO treasury and 2% directed to the Arbitrum Developer Guild. Standard Chartered also flagged key risks to the forecast, including slower tokenization adoption, competition from other blockchains, and the fact that ARB currently has no direct mechanism to capture Arbitrum revenue.

380

Concrete

2026-09-18 00:15:24

Concrete launches foundation and CT governance token, with TGE details still to come

Onchain yield operating system Concrete said it has launched the Concrete Foundation as the governance and treasury entity meant to support the protocol’s long-term development, alongside a native governance and configuration token called CT. The token is issued by Concrete Network, Ltd., which is also seeking trading access. Concrete said eligible holders who lock or stake CT will be able to take part in protocol governance and use preset configuration functions under applicable rules. CT is a fixed-supply ERC-20 token on Ethereum with a total supply of 1 billion and no inflation mechanism. Holders who lock CT can vote on protocol parameters including strategy approvals, collateral classification, fee frameworks and treasury-related policies. Users who stake CT can adjust certain protocol-side fees tied to their own interaction with supported modules, subject to predefined technical parameters. The Concrete Foundation is structured as a Cayman Islands foundation company. It will coordinate protocol governance and hold and manage the CT treasury, which may be used for development and maintenance, security audits, ecosystem integrations and foundation administrative costs. Concrete also disclosed ecosystem figures including $1.2 billion in deposits, more than $23 billion in cumulative volume, over 54,000 depositors and more than 1.2 million connected and signature-verified wallets.

650