RoboStrategy Appoints Andrew Kang as CEO

On May 21, cryptocurrency custodian Copper is exploring a sale with a $5 billion valuation target, according to sources familiar with the matter. The firm has been actively seeking buyers and has enlisted Wall Street investment bank Cantor Fitzgerald to facilitate the process. Copper’s core asset is its ClearLoop settlement system, which allows parties to settle transactions in a custodial environment via Delivery versus Payment (DvP) — eliminating the need to move assets on-chain and reducing settlement risk. In 2023, Copper shut down its enterprise custody business to focus solely on ClearLoop. Today, the service serves over 1,000 active counterparties and processes more than $500 billion in monthly nominal trading volume.

On May 21, Bitget market data shows the Nikkei 225 Index extended its gains to 2.7%, with SoftBank Group’s stock price surging 15%.

On May 21st, monitoring from Onchain Lens shows that an Anchorage-linked wallet once again withdrew 142,308 HYPE from Gate and OKX, worth approximately $7.38 million. Over the past month, the wallet has purchased a total of 2.527 million HYPE, valued at roughly $14 million—and all of these acquired tokens have been staked.

May 21. Official sources confirm Sui has launched its "Gas-Free Stablecoin Transfer" feature. Users and businesses can now send stablecoins peer-to-peer on the network with zero gas fees, no requirement to hold extra SUI token balances—meaning stablecoin transfers on the Sui network are officially $0. The feature is backed by Fireblocks and is rolling out gradually on the Sui mainnet. This upgrade supports a range of stablecoins including USDsui, SuiUSDe, AUSD, FDUSD, USDB, USDC, and USDY. Adeniyi Abiodun, Sui’s co-founder and Mysten Labs CPO, noted that stablecoins are emerging as critical global financial infrastructure, but users still face added complexity from having to manage gas tokens separately. The Gas-Free Transfer feature eliminates that barrier, making on-chain payments simpler, more predictable, and easier to adopt. Built on Address Balances—Sui’s new synchronized account balance system—the feature streamlines on-chain fund storage and transfer processes while maintaini

May 21 – Official sources report Y Combinator has launched its Crypto Collaboration Deal (YC Crypto Deals) program, offering a full suite of tools to support fintech and crypto startup founders in its portfolio, including wallet services, fiat onramps, security audits, blockchain infrastructure, and on-chain data services.

On May 21, LookOnChain monitoring shows that Garrett Jin, who operates under the alias "BTC OG Whale Insider," has once again opened a long position on Bitcoin. Jin deposited 39.5 million USDC to Binance, withdrew 40 million USDC from Binance to a new wallet (0x92ea), and transferred an extra 10 million USDC to Hyperliquid. After these fund movements, the related address opened a 5x leveraged long position of 504.4 BTC (valued at roughly $59.11 million) and purchased 42,524 HYPE tokens (worth approximately $2.33 million). The liquidation price for this leveraged BTC position is $62,656.49.