Nasdaq-Listed Company Greenidge Generation Sells Its Bitcoin Mining Facility for $36 Million

On September 18th, as monitored by Whale Alert, the USDC Treasury minted 100 million USDC on the Ethereum blockchain.

On September 18th, the Nasdaq-listed company SunCar announced that its board of directors has given the go-ahead for a $10 million investment to acquire a portion of mainstream cryptocurrencies, which are expected to benefit from the rapid growth of Risk-Weighted Asset (RWA) tokenization. From a strategic standpoint, SunCar holds the view that the integration of blockchain and Risk-Weighted Asset (RWA) tokenization represents a natural progression of its AI-based cloud technology in the digital car insurance and automotive service sectors. (Businesswire)

September 18th, Plasma put out a video preview, indicating that the TGE would occur at 8 a.m. Eastern Standard Time on September 25th, and then the mainnet would be launched.

On September 18th, based on Hyperliquid market data, Plasma (XPL) is currently trading at $0.68 in the pre-market. With a total token supply of 100 billion, this corresponds to a fully diluted valuation of $68 billion.

On September 18th, Hunter Horsley, the CEO of Bitwise, wrote on the X Platform, expressing that crypto credit and lending will witness explosive growth in the next 6 to 12 months. The main reasons are as follows: 1. The value of cryptocurrencies is close to $4 trillion and is still on the rise. When people can use these cryptocurrencies as collateral for lending instead of selling them, they will choose to do so. 2. In the United States alone, the market capitalization of publicly traded stocks exceeds $60 trillion. With asset tokenization, people owning stocks worth $7,000 will be able to use these stocks as collateral for lending for the first time. "Cryptocurrency will reshape the capital market. This is just the beginning."

On September 18th, the Solana Treasury Company DFDV, which is listed on Nasdaq, announced the commencement of the Treasury Accelerator program. The Treasury Accelerator will now directly utilize the company's balance sheet to provide funding to other Digital Asset Treasuries (DATs). Each DAT is eligible to receive additional funding ranging from $5 million to $75 million and will obtain funds in the form of cash or SOL tokens. It is reported that any appreciation resulting from these investments is anticipated to be reinvested to purchase additional SOL, thereby augmenting the company's holdings.