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Friday May 16, 2025
- Top Win International Limited, a Nasdaq-listed watch company, is rebranding to AsiaStrategy and partnering with Sora Ventures to focus on digital assets, aiming to build a bitcoin treasury and capitalize on Asia’s Web3 market, resulting in a 28% pre-market increase in TOPW shares. (📰The Defiant)
- In April 2025, Web3 gaming investment dropped by 69% to $21 million as VCs shifted focus towards infrastructure and experienced teams, despite a long-term belief in the sector’s potential, with significant upcoming game launches anticipated. (📰CryptoTvplus)
- DeFi Development Corp. (DFDV) surged 74% after announcing a partnership with BONK for a validator node and acquiring additional SOL tokens, although it later dipped 15% due to profit-taking, while the company has gained over 2,800% since pivoting to blockchain infrastructure. (📰CoinCentral)