SoFi Q1 Earnings Report: Official Launch of SoFiUSD Stablecoin Minting, Net Revenue Reaches $1.1 Billion

On April 30, regulated blockchain infrastructure firm Paxos announced its Crypto Brokerage platform now officially supports BONK. With compliance licenses from the U.S. Office of the Comptroller of the Currency (OCC), Finland’s FIN-FSA, Singapore’s MAS, and other jurisdictions, Paxos’s partners—including traditional financial institutions—can now offer users secure, compliant BONK trading and custody services. Paxos noted BONK boasts nearly 1 million holders, integration with over 400 Solana ecosystem projects, and an active community. The move marks BONK’s shift from a community-driven meme coin to a mainstream financial asset. Today, thanks to the same compliance platform trusted by firms like PayPal, Mastercard, and Venmo, more than 5 billion global users can buy BONK via major retail trading platforms and exchanges.

April 30 — Shinhan Card, one of South Korea’s top credit card firms, said it has inked a partnership with the Solana Foundation to co-build a stablecoin payment system on the Solana blockchain. As part of the tie-up, Shinhan Card is running an advanced proof-of-concept (PoC) this year, focusing on simulating real-world payment scenarios between customers and merchants on Solana’s testnet. Shinhan Card Executive Vice President Kim Young-il noted: “We plan to thoroughly assess blockchain’s practicality using Solana and actively explore next-generation financial models.” A core focus of the PoC is validating the security and stability of non-custodial wallets, which will enable Shinhan Card to scale the technology widely later. The pair will also explore a “hybrid financial model” blending traditional finance’s reliability with DeFi’s efficiency. Shinhan Card aims to use oracle technology to build its own DeFi service environment and deploy smart contracts while ensuring operational

On April 30th, per Onchainlens data, two newly created crypto wallets received 312 bitcoins from BitGo over the past 24 hours—valued at roughly $23.62 million.

April 30 — Official sources report that blockchain enterprise solutions provider Ripple has officially launched its new Middle East and Africa (MEA) regional headquarters at the Dubai International Financial Centre (DIFC). The new office will allow its regional team to double in size to meet strong demand in the region for regulated blockchain payment and custody solutions. Since establishing its MEA regional headquarters in Dubai in 2020, Ripple has seen the Middle East emerge as a key part of its global customer base. The company has made several milestone advances in the region. In March 2025, Ripple became the first blockchain payments service provider to receive a comprehensive license from the Dubai Financial Services Authority (DFSA). Most recently, its USD stablecoin RLUSD was also approved by the DFSA, making it a recognized crypto asset within DIFC for use by regulated firms. Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, said the new headquar

April 30th Recently, the U.S. Securities and Exchange Commission (SEC) has approved a rule change proposal from Nasdaq ISE (File No. SR-ISE-2025-26, as amended by No. 5). The proposal will significantly raise position and exercise limits for options on the iShares Bitcoin Trust (IBIT) — from the current 250,000-contract cap to 1 million contracts, all in the same direction. In its approval order, the SEC noted that after reviewing the exchange’s submitted data and analysis, it believes the new limits meet the requirements of Section 6(b)(5) of the Securities Exchange Act of 1934. That section aims to prevent fraud and manipulation, while protecting investors and the public interest.

On April 30th, Bitcoin dipped below $76,000, per Coinglass data. Current funding rates across major centralized (CEXs) and decentralized (DEXs) exchanges signal a market sentiment leaning toward shorts (bearish). Specific funding rates are shown in the attached image. [BlockBeats Note] Funding rates are fees set by crypto exchanges to align perpetual contract prices with the underlying asset’s spot price. They facilitate fund transfers between long and short traders—exchanges do not collect these fees—and adjust traders’ holding costs or profits to keep contract prices close to the underlying asset. By standard: - 0.01% = baseline rate - Above 0.01% = bullish sentiment - Below 0.005% = bearish sentiment