Latest news with #tokenSale
Globe and Mail
10-07-2025
- Business
- Globe and Mail
Bitget Hosts Public Token Sale for pump.fun (PUMP)
VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has launched a public token sale for (PUMP), the native token of the viral Solana-based memecoin platform The sale opens on July 10, 2025, at 10:00 (UTC) and runs for 24 hours, closing on July 11 at 10:00 (UTC). With a fixed swap price of $0.004 per token, participants can subscribe using USDT and USDC, with individual contributions ranging from 5 to 1,000,000 coins. A total of 150 billion PUMP tokens will be available for sale, representing a $600 million total subscription quota from a total supply of 1 trillion tokens. The PUMP token fuels the platform, which has become a creative hub for memecoin launches and community experimentation on Solana. The token's introduction marks a new chapter in enabling crypto-native meme culture and grassroots innovation. Following the token sale, trading for PUMP/USDT will go live on Bitget Spot on July 11 at 12:00 (UTC). PUMP is the native utility token of the platform, which includes the launchpad and the automated market maker (AMM) protocol. While the platform remains fully permissionless and does not require the token for access, PUMP may be used in promotional activities and future utilities tied to the ecosystem. Bitget continues to expand its footprint in the spot crypto market. With a 24-hour trading volume of over 3.56 billion USDT, Bitget ranks as the third-largest spot exchange, according to Coingecko. The platform supports about 700 tokens, and has previously hosted high-profile token sales, including The WalletConnect Network, Jambo, and Fuel Ignition. For more details, visit the official announcement. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Associated Press
06-07-2025
- Business
- Associated Press
Lightchain AI Launches Final Bonus Round After Completing 15 Presale Stages and Raising $20.9M
SHREWSBURY, United Kingdom, July 06, 2025 (GLOBE NEWSWIRE) -- Lightchain AI, a next-generation decentralized AI infrastructure project, has officially entered its Final Bonus Round, following the successful completion of all 15 presale stages and raising $20.9 million in token sales. This milestone reflects strong market confidence and positions the project ahead of its anticipated mainnet launch in July 2025. The Bonus Round offers tokens at a fixed price of $0.007125, presenting a final opportunity for early participants to acquire LCAI before the transition to public trading. This phase also coincides with new ecosystem developments, including a grant initiative and upcoming developer onboarding tools. Presale Completion Signals Market Momentum Lightchain AI 's presale, which was structured across 15 progressive funding stages, reached its hard cap target with broad support from retail and strategic contributors. The structured approach ensured measured token distribution and early ecosystem growth while minimizing volatility. The platform's architecture is designed to power decentralized artificial intelligence through the Artificial Intelligence Virtual Machine (AIVM) and a proprietary Proof-of-Intelligence (PoI) consensus model. This model rewards validator nodes for completing valuable AI computations, creating a sustainable framework for network participation and data processing. Ecosystem Tools and Grants Rolling Out Following the presale, Lightchain AI is expanding its Developer Portal, which provides SDKs, APIs, and comprehensive technical documentation to enable builders to launch and scale AI-powered decentralized applications. In parallel, a $150,000 grant pool has been allocated to fund early-stage projects contributing to the Lightchain ecosystem. In a move to further promote decentralization and developer alignment, the originally designated 5% Team Allocation has been reallocated toward ecosystem growth, community incentives, and validator support. Public GitHub repositories are scheduled to go live alongside the mainnet launch to promote transparent and collaborative development. Bonus Round to Close Ahead of Mainnet With the Bonus Round now live, Lightchain AI is finalizing preparations for mainnet deployment. The round will remain open for a limited time, offering fixed pricing and early access benefits for participants, including governance opportunities, developer incentives, and validator onboarding. 'Completing 15 stages and entering the Bonus Round represents a major leap forward for Lightchain AI,' said a project spokesperson. 'We are focused on delivering a scalable and intelligent blockchain infrastructure, and this final phase allows the community to grow with us as we approach launch.' Key Dates & Participation Info Learn More or Join the Bonus Round Whitepaper Twitter/X Telegram Contact: SHAJAN SKARIA [email protected] Disclaimer: This content is provided by Lightchain statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information do not guarantee any claims, statements, or promises made in this content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press the event of any legal claims or charges against this article, we accept no liability or does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at:
Yahoo
03-07-2025
- Business
- Yahoo
OpenAI condemns Robinhood's ‘OpenAI tokens'
OpenAI wants to make clear that Robinhood's sale of 'OpenAI tokens' will not give everyday consumers equity — or stock — in OpenAI, the company said in a post from its official newsroom account on X. OpenAI says it does not endorse Robinhood's effort, nor was it involved in facilitating the token sale. 'These 'OpenAI tokens' are not OpenAI equity,' said OpenAI's newsroom account on Wednesday. 'We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful.' OpenAI's statement is a response to Robinhood's announcement earlier this week that it would started selling so-called tokenized shares of OpenAI, SpaceX, and other private companies to people in the European Union. Robinhood says the launch represents an attempt to give everyday people exposure to equity in the world's most valuable private companies via blockchain. Hours after announcing these token sales, Robinhood's stock price shot to an all-time high. But stock in private companies like OpenAI and SpaceX are not available to the public. That's what makes them private. They sell shares to investors of their choosing. So OpenAI is openly disavowing Robinhood's effort. In response to OpenAI's condemnation, Robinhood spokesperson Rouky Diallo told TechCrunch that OpenAI tokens were part of a 'limited' giveaway to offer retail investors indirect exposure 'through Robinhood's ownership stake in a special purpose vehicle (SPV).' That suggests Robinhood owns shares of a SPV that controls a certain number of OpenAI's shares. Like the tokens, shares of SPVs are not direct ownership of shares, either. They are ownership in a vehicle that owns the shares. In one way or another, Robinhood seems to be tying the price of its new tokenized product to the OpenAI shares in that SPV. But shares prices in an SPV can also differ from prices of an actual share of stock, as well. In Robinhood's help center, the company notes that when buying any of its stock tokens, 'you are not buying the actual stocks — you are buying tokenized contracts that follow their price, recorded on a blockchain.' 'While it is true that they aren't technically 'equity,' […] the tokens effectively give retail investors exposure to these private assets,' said Robinhood CEO Vlad Tenev in a post on X on Wednesday. 'Our giveaway plants a seed for something much bigger, and since our announcement we've been hearing from many private companies that are eager to join us in the tokenization revolution.' OpenAI declined to comment further. Robinhood did not respond to TechCrunch's additional questions about its SPV. Private companies are known to push back against anything that could influence how their equity is valued. In recent months, humanoid robotics startup Figure AI sent cease-and-desist letters to two brokers running secondary markets that were marketing the company's stock. Of course, these situations are different, but most startups don't want people to believe that they've authorized share sales if they haven't. Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Bloomberg
09-06-2025
- Business
- Bloomberg
Pump.Fun's $1 Billion Token Sale Raises Liquidity Concerns for Memecoin Universe
decision to raise $1 billion is sparking concern that a token sale by the most popular platform for creating memecoins risks siphoning demand away from the hundreds of coins issued daily through the website. The platform, which is based on the Solana blockchain, is still in the early stages of the token offering, according to a person familiar with the plans who asked not to be named discussing private company information, Bloomberg News reported Tuesday. Alon Cohen, co-founder of didn't respond to requests for comment.
