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Jito to Launch JTX Trading App in July, Targeting the Consumer Market

1 hours ago

On May 5, Jito Labs—the Solana ecosystem’s staking protocol—announced plans to launch JTX, a consumer-focused crypto trading app, in July this year. This marks its official shift from the infrastructure layer to front-end transaction services. Early versions of JTX will support Solana-based spot trading, with plans to later integrate perpetual contracts and prediction market functionality. Access to the perpetual products may be facilitated via Phoenix, a trading platform within the Solana ecosystem. Founded in 2021, Jito currently has approximately 39 employees and holds over $1 billion in cash. The company delivered strong performance in 2025, once generating nearly $6 million in revenue in a single week amid popular on-chain transactions on Solana (such as the meme coin craze). Last year, it secured a $50 million investment from Andreessen Horowitz’s crypto fund. Jito CEO Lucas Bruder stated the firm is no longer content with merely providing underlying infrastructure. Instead, it aims to directly reach users through in-house developed apps to enhance the on-chain transaction experience.
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Yield.xyz and Privy Launch Controlled AI Yield Aggregator, Introducing "Controlled Execution" Mechanism to Enhance Security

On May 5, DeFi revenue infrastructure platform Yield.xyz announced the launch of an AI-powered revenue agent infrastructure in partnership with Privy—Stripe’s crypto wallet infrastructure arm. This infrastructure supports automated strategy execution across 80+ blockchains and 2900+ DeFi revenue opportunities, and introduces a “verifiable execution” mechanism to enhance security. The solution offers two layers of control: 1. Every transaction is constrained by user-defined policies (including limits, allowed chains, contract whitelists, etc.); 2. An optional manual approval step ensures critical operations are human-confirmed. The system supports two modes: - Full Automation Mode: AI autonomously executes revenue operations within pre-set policy boundaries - Semi-Automation Mode: All transactions require manual approval before execution Technically, Yield.xyz provides revenue discovery and transaction construction capabilities, while Privy handles wallet creation, k

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Intel has surged 190% year-to-date, with a total market capitalization of $535.1 billion.

As of May 5, Bitget market data shows Intel’s stock price climbed 11.16% to $106.47 per share, with a total market cap of $535.1 billion. Its year-to-date (YTD) gain is nearly 190%. News update: Apple is weighing a new chip outsourcing partner and has held initial talks with Intel and Samsung.

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Apple Considers Introducing a New Chip Manufacturing Partner, Initiates Early Discussions with Intel and Samsung

May 5 — Apple is weighing a shift away from its longstanding reliance on a single chip foundry, amid tight capacity for advanced manufacturing processes and a surge in AI demand. The company has held initial talks with Intel and Samsung Electronics to explore new chip manufacturing sources, but no firm orders have been placed yet. Reports indicate Apple is assessing Intel’s foundry capabilities while also reviewing Samsung’s advanced wafer fabrication plant under construction in Texas. Still, the company remains cautious about non-TSMC technology ecosystems, creating uncertainties around potential partnerships. Supply chain constraints are the core driver of this shift. Apple CEO Tim Cook noted that chip shortages for iPhones and Macs have limited the company’s growth, with bottlenecks concentrated primarily on the advanced process nodes used in its system-on-chips (SoCs). As demand for AI computing power and terminal-side AI devices rises simultaneously, supplies of products

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Securitize Partners with Jump Trading and Jupiter to Launch On-Chain Compliant Stock Trading on Solana

On May 5, Securitize announced a partnership with Jump Trading and Jupiter Exchange to launch a fully on-chain, compliant tokenized stock trading service on Solana. The solution combines regulatory compliance infrastructure, liquidity support, and distribution channels—aiming to build an integrated on-chain securities trading system that accelerates the migration of traditional financial assets to blockchain.

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U.S. Stocks Open Higher, Intel Surges 6% at the Bell

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The Reopening of the Strait of Hormuz Remains Uncertain, Oil Prices Experience Volatility

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