Tether announces acquisition of Softbank's stake in Twenty One Capital

May 20: The Hyperliquid ETF (ticker: THYP) — launched last Tuesday by crypto asset management firm 21Shares — has seen its trading volume steadily rise in recent sessions. Daily volumes now land in the tens of millions of dollars, roughly eight times the $1.8 million it recorded on its first day of trading. Tonight, HYPE is back above $50 for the first time in 240 days. The rally is being fueled by the on-chain IPO frenzy sparked by major AI giants, which is helping accelerate value discovery for Perp DEX platforms.

Crypto Alert: Coinbase will launch spot trading for Nexus (NEX) starting May 20th.

May 20th: Web3 user-generated content platform Tomoland announced it has closed a $2 million funding round. Sky9 Capital led the investment, with participation from WAGMI Ventures, Aureus Dealers, and angel investors hailing from Meta, Depinx Capital, Netease, and Virtuals. The new funds will be used to build a system that merges user-generated content with Web3 ownership, further advancing the integration of the gaming ecosystem and the broader Web3 economy.

On May 20th, AI startup Viktor announced the close of a $75 million Series A funding round. The round was led by London-based venture capital firm Accel, with participation from Bek Ventures, Kaya VC, Inovo VC, and Tenacity Capital. Angel investors joining the round include Slack co-founders Stewart Butterfield and Cal Henderson, as well as Synthesia’s CEO. Viktor is an AI virtual assistant embedded in Slack and Microsoft Teams, designed to integrate with a range of enterprise tools such as Google Drive, Meta Ads, Notion, and Shopify. It boasts persistent memory, enabling teams to leverage it for tasks like pulling reports, building internal applications, and streamlining their workflows.

**News Brief: ICE, CME Unveil Hash Rate Futures Tied to AI GPU Computing Costs** May 20 – The Intercontinental Exchange Group (ICE), parent company of the New York Stock Exchange, plans to launch a hash rate futures market to address pricing demands driven by artificial intelligence (AI) technology growth. ICE is partnering with financial infrastructure provider Ornn to develop new futures contracts based on Ornn’s index products, which will accurately track real-time Graphics Processing Unit (GPU) computing costs. These contracts are currently awaiting regulatory approval. Earlier, on May 12th, the Chicago Mercantile Exchange (CME) and Silicon Data – a leading player in GPU market intelligence and benchmark data – announced their own plans to roll out a hash rate futures market later this year. That initiative is also pending regulatory review. Wall Street is now classifying AI infrastructure as an emerging tradable asset, with these new markets poised to deliver critical p

May 20 – According to Onchain Lens monitoring, BlackRock has recently deposited 4,986 BTC into Coinbase, valued at approximately $386.2 million, plus 28,081 ETH worth roughly $59.8 million.