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Frax
205 posts
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Frax
@Frax
Frax is building better money and the network it settles on. For onchain DeFi → @fraxfinance For strategic & institutional news → @frax
frax.com
Joined October 2007
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  • Pinned
    user avatar
    Frax
    @Frax
    Oct 27, 2025
    1/ FraxNet is LIVE 🥳 Welcome to your stablecoin money account. FraxNet is your hub for minting, redeeming, and earning with frxUSD, our flagship stablecoin built to the GENIUS standard. Available on 20+ chains.
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    Frax
    @Frax
    Jul 13
    JUST IN: @sbigroup is launching a JPYSC lending product this month with a 3% annual yield, just weeks after introducing the trust bank-backed yen stablecoin JPYC. Japan’s stablecoin adoption is accelerating.
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    Frax
    @Frax
    Jul 13
    Source: theblock.co/post/407988/sb… ¤ Frax take: We see enormous potential in Japan and Frax will be at @WebX_Asia in Tokyo this week to meet with partners.
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    Japan's SBI Group to launch JPYSC stablecoin lending service as early as this month: report
    From theblock.co
    543
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    Frax
    @Frax
    Jul 6
    BREAKING: @MicroStrategy sold 3,588 $BTC for $216M to fund dividends. Once it layered cash obligations onto its Bitcoin treasury, sales became inevitable. The market dislikes the headline, but reducing financing risk now is healthier than putting it off until it's too
    user avatar
    Michael Saylor
    Strategy
    @saylor
    Jul 6
    Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves. strategy.com/press/strategy…
    1.9K
  • user avatar
    Frax
    @Frax
    Jul 2
    JUST IN: @PalmerLuckey's @ereborbank is targeting an $8B+ valuation, just five months after receiving its charter. Deposits nearly quadrupled in 3 months to $4B+ A bank built for the future of hard tech and crypto is scaling fast. Seems like a good fit for Frax.
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    Frax
    @Frax
    Jul 2
    Source:
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    Palmer Luckey’s Erebor Bank Eyes at Least $8 Billion Valuation
    From bloomberg.com
    273
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    Frax
    @Frax
    Jul 1
    BREAKING: @RobinhoodApp Chain mainnet is live. @Lighter_xyz is serving as the core trading platform on the app/chain. Frax is watching this one closely 🧐
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    Robinhood
    @RobinhoodApp
    Jul 1
    Robinhood Chain mainnet is live. Fast, secure, AI-native, and purpose-built for real-world assets from day one. x.com/i/broadcasts/1…
    2.5K
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    Frax
    @Frax
    Jun 30
    JUST IN: Open USD is a new stablecoin issued by @Stablecoin launching with 140+ partners including Visa, Stripe, Mastercard, BlackRock, BNY, Google, Shopify, Coinbase, and Aave.
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    Open Standard
    @openstandard
    Jun 30
    Article cover image
    Article
    Introducing Open USD
    Today we’re announcing Open USD, a new stablecoin for global money movement. Stablecoins are being rapidly adopted for their speed, cost, and programmability, with transaction volume approaching that...
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    Frax
    @Frax
    Jun 30
    ¤ Frax take: We’re close partners with @Stablecoin and welcome new stablecoin entrants. The best new stablecoins are giving more back to the ecosystems that grow them, just as frxUSD does. As the world moves onchain, there’s room for many winners.
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    Frax
    @Frax
    Jun 26
    JUST IN: @hiFramework raised a $400M fund spanning crypto, AI, robotics and energy. Crypto still has major growth ahead in stablecoins, prediction markets, and tokenized assets. But the signal is clear: crypto’s best capital allocators are expanding into every frontier market.
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    Frax
    @Frax
    Jun 26
    Source:
    From left to right: Framework Ventures cofounders Michael Anderson and Vance Spencer, as well as general partner Rajiv Patel-O'Connor.
    Framework Ventures raises $400 million for fourth fund as firm expands beyond crypto | Fortune
    From fortune.com
    211
  • user avatar
    Frax
    @Frax
    Jun 25
    BREAKING: @krakenfx is reportedly in talks to buy 15% of @aave at a $385M valuation. The proposed deal: 35,000 ETH for 250,000 AAVE tokens plus equity. One of crypto’s biggest exchanges may be betting on DeFi’s biggest lender.
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    Frax
    @Frax
    Jun 25
    Source: coindesk.com/business/2026/… ¤ Frax take: frxUSD is a top stablecoin on Aave V4. We welcome CEXs and DeFi coming together to win.
    Kraken Co-CEO Arjun Sethi at the Securities and Exchange Commission (Jesse Hamilton/CoinDesk)
    Kraken eyes 15% stake in DeFi lender Aave in deal valuing protocol at $385 million
    From coindesk.com
    452
  • user avatar
    Frax
    @Frax
    Jun 24
    BREAKING: @Kalshi is reportedly raising at a $40B valuation after clearing $17B in monthly volume. Kalshi and @Polymarket are now in a full-scale race for prediction-market dominance. Which platform ends up on top?
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    Frax
    @Frax
    Jun 24
    Source:
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    Predictions market Kalshi in talks to raise funds at $40bn valuation
    From ft.com
    268
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    Frax
    @Frax
    Jun 22
    JUST IN: Former New York Governor @andrewcuomo will co-chair a new venture between @okx and NYSE owner @ICE_Markets. The goal: connect crypto markets with US futures and tokenized equities.
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    user avatar
    Frax
    @Frax
    Jun 22
    Source:
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    Cuomo to Lead Crypto Venture with New York Stock Exchange Owner
    From bloomberg.com
    286
  • Frax reposted
    user avatar
    Frax Finance ¤⛓️¤
    @fraxfinance
    Jun 22
    USDso is Live 🥳 @Somnia_Network is trusting Frax to power its native stablecoin USDso with frxUSD infrastructure. Institutional-grade reserves, native minting, and a rewards model that sends value back to Somnia’s protocols, builders, and liquidity providers.
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    Somnia
    @Somnia_Network
    Jun 22
    Introducing USDso Somnia's ecosystem stablecoin, issued and operated by @fraxfinance on GENIUS-compatible frxUSD infrastructure, backed by institutional-grade collateral. Paired with a Yield Allocation Framework that routes reserve yield back into the ecosystem, it is
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  • user avatar
    Frax
    @Frax
    Jun 19
    JUST IN: The SEC and CFTC are asking if perpetual futures + prediction markets should be treated as swaps, the same day @CMEGroup sued the CFTC over @Kalshi's perps. Incumbents want the old definitions enforced. Regulators want them rewritten. Perps continue to make headlines.
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    Frax
    @Frax
    Jun 19
    Source: unchainedcrypto.com/cftc-and-sec-s…
    277
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    Frax
    @Frax
    Jun 17
    JUST IN: Congress is moving to ban a Fed-issued CBDC until 2030. The updated 21st Century ROAD to Housing Act includes language blocking the Fed from issuing a CBDC or anything “substantially similar.”
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    Frax
    @Frax
    Jun 17
    Source: theblock.co/post/405037/ho… ¤ Frax take: The message from Americans is clear: they don’t want a government coin. Private stablecoins like frxUSD encourage open competition, innovation, and better outcomes for everyday users.
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    Senate, House reach agreement on housing bill banning CBDC through 2030
    From theblock.co
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