Odaily Planet Daily News: Yorkville America, the asset management firm managing the Truth Social-branded ETF under Trump, is nearing the completion of an acquisition deal. The company plans to expand its product line by acquiring an institutional asset management firm, with the transaction expected to be completed in September.
Yorkville CEO Steve Neamtz stated that this acquisition will be a significant step in the company's strategic expansion, pushing its business beyond the current product line focused primarily on "America First" political-themed ETFs and into a broader range of asset management.
Meanwhile, Yorkville launched the MANGOS Plus Index ETF on Monday, which will be listed on the New York Stock Exchange (NYSE) and NYSE Texas. This is Yorkville's first ETF managed without the Truth Social brand, primarily betting on popular companies in the AI industry chain.
The index tracked by this ETF covers "MANGOS"-related companies such as Meta, Anthropic, Nvidia, Alphabet, OpenAI, and SpaceX, while also including AI-concept stocks like Micron and SanDisk. For Anthropic and OpenAI, which are not yet publicly listed, the fund will gain price exposure through perpetual futures contracts.
Steve Neamtz said this marks Yorkville's first foray into the digital asset and crypto product space. The company has also filed applications to launch approximately 12 additional ETFs over the coming weeks to months, covering themes such as the digital economy and macro strategies. (Reuters)
Odaily News: With the US primary deficit ranking first, funds are flowing into safe-haven assets. Although rising yields typically weigh on non-yielding assets, debt concerns have supported Bitcoin's 23% gain this month. In the Bitcoin options market, the notional open interest for call options in the $80,000 to $100,000 strike price range is valued in the tens of billions of dollars. This distribution indicates that capital is heavily betting on BTC breaking through the $100,000 mark in the final four months of 2026—the clearest pricing of the future price path yet, following the shift in the macro narrative.
Odaily News Nvidia and MediaTek are deepening their long-term partnership, with Nvidia investing $3.5 billion in MediaTek convertible bonds to jointly build an AI computing platform from edge to cloud. MediaTek will adopt the new NVIDIA NVLink Fusion platform, helping customers bring custom XPUs to rack-scale AI factories connected via NVLink.
Nvidia and MediaTek are collaborating in three key areas: ① AI Infrastructure: MediaTek will work with Nvidia's NVLink Fusion ecosystem to help customers develop custom AI infrastructure designed to integrate with Nvidia's rack-scale systems and AI factories. ② On-Device AI Computing: The two companies will continue their multi-generational collaboration on NVIDIA RTX Spark™ and DGX Spark™ PC chips, powering consumer PCs, AI development supercomputers, and enterprise workstations. These chips integrate Nvidia GPUs with MediaTek SoCs. ③ Automotive: MediaTek and Nvidia will continue developing AI-driven software-defined vehicle platforms in the era of physical AI. (Jin Shi)
Odaily News: Ethereum treasury company Bitmine Immersion Technologies disclosed that it added 53,501 ETH last week. The company's crypto asset holdings now include 5,901,112 ETH, 211 BTC, equity in Eightco Holdings valued at $81 million, and shares in Beast Industries valued at $180 million. Bitmine has currently staked 5,067,309 ETH (worth approximately $12.7 billion). (PRNewswire)
Odaily News: The suite covers over 60 EVM-compatible chains and provides AI agents with structured, verified, real-time on-chain data access through three methods: MCP, CLI, and Skills. Etherscan MCP supports programming agents like Claude and Codex in querying on-chain information via natural language; the CLI tool outputs results in JSON, table, or CSV format in the terminal and comes with an interactive interface; the Skills module includes built-in features such as Orchestrator, contract auditing, transaction debugging, and workflow orchestration. Etherscan stated that developers can refer to the official documentation to use these tools and can submit feedback or share applications built on top of them.
Odaily News – Robinhood's blockchain, Robinhood Chain, has recently seen a surge in trading activity. On August 30, the network processed a record 5.52 million transactions in a single day, with on-chain applications generating approximately $2.66 million in 24-hour revenue—surpassing Ethereum's roughly $1.3 million and trailing only Solana's $5.07 million.
Meanwhile, Robinhood Chain recorded approximately $875 million in daily decentralized exchange (DEX) trading volume. Among this, the two major versions of Uniswap contributed around $432 million and $357 million in trading volume, respectively.
Meme coin trading is one of the primary drivers behind this surge in activity. Data shows that Pons, a token launch platform on Robinhood Chain, created approximately 22,600 tokens in a single day, marking an increase of over 40% from the previous day. Together, GMGN, Pons, and Uniswap accounted for roughly 88% of the network's application revenue.
Robinhood launched Robinhood Chain on July 1, initially focusing on the tokenization of real-world assets (RWA) such as stocks. However, within just a few weeks of going live, meme coin trading quickly took center stage. Now, as the crypto market warms up, trading activity on Robinhood Chain has continued to intensify, with daily network transactions climbing from under 1 million in early July to over 5 million.
Based on current data, the most active use case on Robinhood Chain is not tokenized stocks, but rather meme coin issuance and speculative trading. (CoinDesk)
Odaily News, Strive CEO Matt Cole disclosed that the company spent $143 million to add 1,800 Bitcoin to its holdings, with an average purchase price of $79,431. Its total holdings now stand at 23,156 Bitcoin.
Odaily News: Michael Saylor posted on X platform, stating that STRC's BTC Credit model assumes a 10% annualized return on BTC, a 40% volatility, and a BTC price of $77,558.
Odaily News: Strategy spent $370 million last week to acquire an additional 4,603 Bitcoin at an average price of $80,318 per coin.
Odaily News: According to market sources, Strategy disclosed the purchase of 4,603 Bitcoin last week, bringing its total holdings to 845,050 BTC. Strategy's dollar reserves increased by $29 million.
Odaily News: Russia's Sberbank plans to include ETH and USDT as collateral for cryptocurrency-backed loans. The Central Bank of Russia has recently added ETH and USDT to a draft list of cryptocurrencies proposed for public trading on Russian exchanges.
Odaily reported that ness.hl stated on the X platform that HyperLend will not exit the market and will support collateral types such as stocks and commodities in the future. ness.hl noted that HyperLend and Hyperliquid are independent products, with HyperLend's credit business achieving higher efficiency, generating over $2 billion in loan volume since its launch. The team's next focus is the institutional business line Aviya, which provides fixed-rate on-chain credit based on the same codebase as HyperLend and will expand to collateral types such as high-yield bonds and securities.
According to Odaily, monitoring by Lookonchain shows that a wallet associated with Cumberland withdrew 15,390 ETH, worth $37.66 million, from Binance an hour ago.
Monitoring by PPP Prediction Market Tool shows that the probability of a "25 basis point Fed rate hike in September" on Polymarket has risen to 52%, up 20% over the past week.
The market is currently focused on the U.S. August non-farm payroll report, which is set for release on Friday, September 4. Strong data could further fuel rate hike bets. Fed Chair Warsh previously stated at the Jackson Hole global central bank symposium that a rate hike remains under consideration if the Fed cannot be confident that underlying inflation is "clearly and sufficiently quickly" returning to the 2% target.
Join the PPP Signal Push Community to stay ahead of the curve and seize the initiative.
Odaily News: Fomo, a social crypto trading app built for Robinhood Chain and other networks, entered the top five finance apps in the U.S. on August 21, briefly climbing to No. 3 and surpassing Cash App and prediction market Kalshi. It currently ranks in the top 15.
Founded by Paul Erlanger and Se Yong Park, Fomo launched its public beta in May 2025. In November 2025, it completed a $17 million Series A round led by Benchmark, with participation from 140 angel investors; this was followed by a $75 million Series B round, bringing total disclosed equity funding to approximately $94 million.
Fomo supports Solana, Base, BNB Chain, Monad, and Robinhood Chain, allowing users to view real-time trades of people they follow, track leaderboards, and copy trading signals, with instant deposits funded via Apple Pay. Its cumulative installs on Google Play have surpassed 1 million, with over 600,000 users and more than $4 billion in trading volume. (Bitcoin.com News)
