Pump.fun Launches PUMP Token Sale on Gate Exchange Murano Global Investments Adopts Bitcoin Treasury Strategy Paradigm Leads $11.5 Million Series A Funding for Kuru Labs

Pump.fun, a Solana-based platform for creating meme coins, has announced that its new PUMP token will be listed on Gate exchange with a sale beginning on July 12. The sale, which will last for 72 hours, will offer 150 billion tokens at $0.04 each in USDT, with 15% of the total 1 trillion token supply available. This move comes as Pump.fun has experienced significant trading activity on Solana, generating approximately $700 million in cumulative revenue since its inception. The upcoming token sale could potentially implement a revenue-sharing feature for token holders.

The decision by Pump.fun to launch its PUMP token sale on July 12 is a strategic move that aligns with the platform's growing popularity and revenue generation. The sale offers a significant portion of the total token supply, which could attract a large number of investors and further boost the platform's revenue. The potential implementation of a revenue-sharing feature for token holders is an additional incentive that could make the PUMP token an attractive investment opportunity.

Meanwhile, Murano Global Investments, a company focusing on Mexican hotels and resorts, has announced a bitcoin treasury strategy to enhance capital efficiency and liquidity. The company has entered a Standby Equity Purchase Agreement with Yorkville to secure up to $500 million, mainly for bitcoin acquisition. This strategy aims to reinforce the balance sheet against inflation and systemic risks. Murano has also joined the Bitcoin for Corporations alliance to support corporate bitcoin adoption and is exploring additional initiatives like accepting bitcoin payments and bitcoin reward programs.

The decision by Murano Global Investments to adopt a bitcoin treasury strategy is a significant development in the corporate adoption of cryptocurrencies. By securing up to $500 million for bitcoin acquisition, the company is taking a proactive approach to enhance its capital efficiency and liquidity. This move also reflects the growing trend of corporations exploring cryptocurrencies as a means to hedge against inflation and systemic risks. The company's decision to join the Bitcoin for Corporations alliance and explore additional initiatives like accepting bitcoin payments and bitcoin reward programs further underscores its commitment to embracing cryptocurrencies as a part of its financial strategy.

In other news, Paradigm has led a Series A funding round of $11.5 million for Kuru Labs, which is constructing a decentralized exchange using a hybrid model combining automated market maker (AMM) and central limit order book (CLOB) functionalities on the Monad Layer 1, Ethereum-compatible platform. This architecture merges traditional and crypto exchange features, offering liquidity and enabling placement of limit orders. The funding round is a significant development for Kuru Labs, as it will allow the company to further develop its decentralized exchange and expand its offerings to investors.

The funding round led by Paradigm for Kuru Labs is a significant development in the decentralized exchange space. By combining AMM and CLOB functionalities, Kuru Labs is creating a hybrid model that offers the benefits of both traditional and crypto exchanges. This architecture provides liquidity and enables the placement of limit orders, making it an attractive option for investors. The funding round will allow Kuru Labs to further develop its decentralized exchange and expand its offerings, positioning it as a key player in the decentralized finance space.