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Imminent

Morning Minute: Polymarket Prepares for Imminent U.S. Launch

by admin October 2, 2025

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.

GM!

Today’s top news:

Crypto majors see more green; Bitcoin at $118,800
ZCash continues to lead, soaring 50% to $140
U.S. goverment shut down pauses ETF approvals
Lighter leaves private beta, opens Perps platform to public
PNKSTR jumps 50% to $140M as other NFT Strategies boom

🟣 Polymarket’s U.S. Return: “Green Light” Becomes Go-Time

After four years on the sidelines, the world’s biggest prediction market is set to reopen to U.S. users.

Potentially as soon as today…

📌 What Happened

To understand how we arrive at Polymarket potentially launching in the U.S. as soon as today, let’s look at the timeline.

In July, Polymarket bought QCX/QC Clearing (QCEX) for $112M, securing a CFTC-licensed exchange and clearinghouse.
On September 3, CFTC staff issued a no-action letter giving limited relief on event-contract reporting/recordkeeping for those entities.
Polymarket has since started self-certifying event contracts (sports, elections), clearing the final runway to switch the U.S. platform on.
- Under CFTC rules, once a DCM files a certification, the agency has one business day to object; absent objection, the market can list immediately.
In its filings, Polymarket U.S. explicitly says listings will occur “no earlier than October 2, 2025,” which is why the platform could open as soon as tomorrow. Though other sources are reporting October 7, 2025.

There you have it. Polymarket U.S. is coming, if not today, soon.

🗣️ What They’re Saying

“Polymarket has been given the green light to go live in the U.S.A by the @CFTC.” -CEO Shayne Coplan, following the no-action letter.

Some news (reposted for an error): Polymarket US has self-certified sports and election contracts with the CFTC.
➡️ Polymarket plans to offer moneylines, point spreads and totals for any sport
➡️ Oct. 7 is first day they could be offered
➡️ Sportsdata dot io is providing data

— Dustin Gouker (@DustinGouker) October 1, 2025

🧠 Why It Matters

If you’re in the U.S., this means you can use Polymarket without a VPN—just a normal U.S. account.

Because it’s running on a CFTC-licensed venue, expect a quick KYC/identity check and standard U.S. compliance (some state-by-state limits may apply at launch).

The first listings should look familiar, likely sports spreads/totals and “who wins” elections.

And, thanks to the self-certification process, they can appear as soon as the next business day after filing (i.e. today).

Access will likely start on the official U.S. web app and then roll into App Store / Google Play once approvals are cleared (another huge potential lift – Polymarket mobile).

Overall this is clearly huge for U.S. adoption and should pour gasoline on what is the prediction market fire happening right now.

And may help them regain market share against Kalshi, which has pulled out to a bigger lead over the past month (66% market share last week).

Expect volumes to continue to grind up an to the right (barring any new legal or regulatory issues)…

🌎 Macro Crypto and Memes

A few Crypto and Web3 headlines that caught my eye:

Crypto majors are green again continuing the shutdown rally; BTC +2% at $118,800, ETH +2% at $4,380, XRP +1% at $2.99, SOL +4% at $225
ZEC (+50%), DEXE (+30%) and SPX (+17%) led top movers
Zcash rocketed ~63% to a three-year high, as traders (and Naval) pitch privacy coin as “insurance” hedge during Bitcoin strength
MSTR stock jumped 5% yesterday after Strategy avoided a multi-billion AMT (tax) hit after new IRS/Treasury guidance, easing concerns over taxes on unrealized gains tied to its Bitcoin holdings
Polymarket is poised to relaunch for U.S. users within days, as filings show self-certified contracts after acquiring a CFTC-licensed venue
Circle introduced a new tokenized U.S. Treasury fund U.S.YC on Solana
The UK government seeks to keep most of $7B in Bitcoin it just seized linked to massive Chinese fraud
The White House withdrew Brian Quintenz for CFTC chair, reopening leadership questions at the derivatives regulator amid active crypto agenda
New York is running a pilot to give low income residents $12,000 in U.S.DC to help alleviate poverty, with funding provided by Coinbase

In Corporate Treasuries / ETFs

In Memes

Memecoin leaders are very green; DOGE +7%, Shiba +3%, PEPE +4%, PENGU +4%, BONK +3%, TRUMP +3%, SPX +19%, and FARTCOIN +8%
VIRU.S. +77% to $30M, LOOK +43% to $85M and aura +30% to $90M led onchain Solana movers

💰 Token, Airdrop & Protocol Tracker

Here’s a rundown of major token, protocol and airdrop news from the day:

Sui announced a new income-generating digital dollar token suiU.S.De powered by Ethena, with revenue used for SUI buybacks
Pump.fun introduced “easy onramp,” enabling new funding methods powered by Apple Pay, Phantom, Robinhood and more
Monad’s “intern” teased that Monad will launch in Q4
Lighter launched its public mainnet (perps dex) yesterday, now open to the public after 8 months of private beta

🚚 What is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

ETH NFT leaders were mostly even, Hypurrs lead; Punks even at 47.3 ETH, Pudgy even at 10, BAYC -3% at 8.75 ETH
Hypurr’s rebounded 30% to a 1,500 HYPE floor ($71,000)
Punk Strategy jumped 50% to $140M and a new ATH, 65% of the way to its 20th Punk; BIRBStrategy +80% to $12M and PDGYSTR +60% to $11M led movers
A NodeStrategy has teased its launch, using an auction format to use funds to acquire NodeMonkes in a similar style as the other NFT Strategies (not affiliated)
Doodles landed on Froot Loops boxes, with 500 limited editions at $50 selling as NFTs on Base
Oh Baby Games announced its first NFT venture, the “Oh Baby Pass,” launching next week

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October 2, 2025 0 comments

NFT Gaming

MetaMask Ethereum Token: Traders Bet on Timing as Joe Lubin Hints at Imminent Drop

by admin September 20, 2025

In brief

Myriad Markets gives ~32% odds MetaMask launches a token before November; Polymarket traders price higher for a 2025 drop.
CEO Joe Lubin has confirmed a token is coming and says the timeline may be “sooner than expected,” stoking airdrop speculation.
Regulatory risk looms: SEC’s lawsuit against ConsenSys could delay or shape the token’s design, distribution, and launch window.

Is MetaMask finally launching a token? Ethereum co-founder and Consensys CEO Joe Lubin said this week that the long-awaited token tied to the popular crypto wallet is “on the way” and “may come sooner than you would expect”—and Myriad traders are betting on just how soon that might mean.

At the time of this writing, a prediction market on Myriad Markets currently put the odds of MetaMask launching an official token before November 1 at about 32% Yes. No timeline has been announced, but traders don’t appear to believe that Consensys is ready to roll out the token in a matter of weeks.

(Disclaimer: Consensys is one of 22 investors in an editorially independent Decrypt, and Myriad Markets is a product of Decrypt’s parent company, DASTAN.)

Polymarket users, meanwhile, give a 46% chance that the token will launch by the end of the year.

Lubin made the latest comments in an interview with The Block this week, explaining that a native token (nicknamed MASK) would be part of MetaMask’s decentralization roadmap.

MetaMask was created by Consensys in 2016 as part of its “mesh” of Ethereum-focused projects, and it has remained one of its wholly owned products ever since. When Consensys raised its Series D funding round in 2022 at a $7 billion valuation, MetaMask (and Infura) were explicitly cited as core revenue drivers inside the company—not portfolio investments.

Consensys has been dangling the prospect of a token since 2021, when Lubin first confirmed it would be part of a broader plan to decentralize the wallet’s governance. Over the next few years, Lubin repeated that a token was coming but stressed it wouldn’t be a quick cash-grab; the team wanted to avoid a speculative frenzy and focus on “progressive decentralization.”

In the meantime, MetaMask’s official channels even warned users about scam airdrops, confirming no launch date had been set. Over the years, MetaMask rolled out staking and bridging features, while Consensys recently launched the Linea layer-2 Ethereum network and LINEA token—moves widely seen as laying the groundwork for a token economy.

MetaMask also just launched a stablecoin called mUSD, which provides some evidence that infrastructure and regulatory groundwork are being laid. The stablecoin is live on Ethereum and Linea, suggesting they are both preparing user-facing features and on-ramps for the token era.

What we still don’t know

Despite strong hints, several critical details remain unclear:

Timing: Lubin’s statements are vague. “Sooner than expected” is subjective and doesn’t give a firm date. We don’t know if “sooner” means weeks, months, or just “within the same year.”
Tokenomics and utility: What exactly the token will do is only partially described. Governance? Rewards? Access to features? There are suggestions, but no full white paper or specifications have been published.
Distribution/qualification: Who will receive the token? Will it be retroactive, via airdrop, or earned by activity? Those details are not yet public.
Regulatory risk: Any token tied to a major wallet with many U.S. users will draw regulatory scrutiny. MetaMask and Consensys will have to navigate laws around securities, know-your-customer (KYC), token issuance, and what counts as utility vs. financial return.

The takeaway

Putting this together, here’s a smart bet: MetaMask is very likely to launch a token, and apparently sooner rather than later. The existence of Myriad’s prediction market (“No” being more likely before November) shows there’s reasonable skepticism, but executive confirmations from Lubin push the probability significantly upward.

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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September 20, 2025 0 comments

Crypto Trends

Bitcoin (BTC) Breaks Past Major Liquidity Zone, $115,000 Imminent?

by admin September 8, 2025

Bitcoin has just surpassed a major liquidity zone, raising questions about what comes next for the crypto asset.

According to CoinGlass, based on the BTC orderbook heatmap, liquidity is concentrated around $109,500-$110,000.

Bitcoin extended its recovery from a low of $109,993 on Sept. 6, reaching an intraday high of $112,107 early Monday.

At press time, Bitcoin was up 0.85% to $112,085. The move has surpassed the $109,500 to $110,000 liquidity zone indicated by on-chain data, with traders now envisaging what comes next for the crypto asset.

Bitcoin news

Traders are closely watching U.S. inflation reports, which could influence cryptocurrency prices. This week, the markets will be watching data releases for upcoming catalysts for digital assets, with producer and consumer inflation reports due midweek.

Dogecoin Price Crash Below $0.19 May Be Imminent If This Happens

by admin September 3, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Unlike larger-cap cryptocurrencies such as Bitcoin and Ethereum, the Dogecoin price remains low and is still a long way from its all-time high that was reached back in 2021. Now, especially with the crypto market seeing intense selling pressure all around, the Dogecoin price is still at risk of a massive decline, and this decline could trigger the next wave of losses. A 10% loss from here will already break the support at $0.2, and a crypto analyst has predicted more downside.

Why Dogecoin Price Is At Risk Of Decline

Crypto analyst MadWhale presented an analysis of the Dogecoin price chart that shows a possible price decline from here. This is attributed to both broader development on the Dogecoin network, as well as technical analysis that continues to point toward heightened weakness on the chart.

The first of these is that Dogecoin could be seeing a cut in its issuance. The DOGE supply is unlimited, meaning that the possibilities for inflation are endless. However, if there is a cut in issuance, i.e, how much miners are paid for confirming transactions on the blockchain, then the DOGE inflation rate could be greatly reduced. This would mean less supply to the demand.

But in this case, the crypto analyst does see it as a signal that would cause investors to exist. A reason for this could be that as miner rewards reduce, then exits from the miners to other, more profitable blockchains would mean that the network security of the Dogecoin network weakens. Thus, it could mount short-term pressure on price, leading to price declines, rather than gains.

On the technical side of things, the Dogecoin price has also continued to move inside a descending channel. This has cut across several sessions, and the decline has put it on a path to testing a key support level. If the support above $0.2 fails, then a quick 15% decline could follow.

As the crypto analyst explains, there is the possibility that the crash goes deeper than expected. In any case, a 15% crash would push the Dogecoin price back below $0.19, signaling a takeover by the bears, with the next major support level sitting at $0.1845.

Source: TradingView

Other Things To Know About DOGE

One bullish development that has emerged for the Dogecoin price is the proposed Dogecoin treasury. Alex Spiro, popularly known for being Elon Musk’s personal attorney, plans to raise $200 million to buy DOGE, suggesting that a lot of demand could be headed DOGE’s way, which could drive the price higher.

However, looking at the on-chain activity for Dogecoin, the prospects are not too good. Data from Santiment shows that development on the network has screeched to a halt. Trading volume has also remained muted for the meme coin, with Coinglass showing an average of less than $3 billion daily across all credits.

DOGE pushes against bearish pressure | Source: DOGEUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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September 3, 2025 0 comments

Game Updates

Escape from Tarkov is coming to Steam now its full release is imminent, as confirmed by a picture of a random bloke ironing

by admin September 1, 2025

Escape from Tarkov is finally emerging from an early access period that will have lasted nearly a decade, when its full release on November 15th rolls around, and you’ll soon be able to grab it on Steam.

Yep, it’s taken yeaaaaarrrssss. Tarkov’s initial alpha release came on August 4th, 2016, just a few days before No Man’s Sky arrived for the first time, and just after a little game called Stardew Valley dropped. Think about what you were doing back then. I was a teenager, still far from the job-having husk I’ve since morphed into.

Anyway, old feeling aside, Tarkov’s Steam page looks like it’ll drop any day now, after Battlestate Games studio head Nikita Buyanov decided to tweet some things. First there was a gif of an old bloke holding a steaming iron on August 30th, which everyone took as a tease rather than an endorsement for getting the creases out of your favourite top from the FPS developerman. Said FPS developerman was also, er, rather forthright in his reply to someone who responded to that post with accusations of scamming.

Then, the next day, Buyanov dispensed with the pagentry. “Yes! The page on Steam will be available soon. All the details later,” he posted, alongside a picture of said Steam page that’d be easier to dissect if it didn’t have a great big Steam logo slapped on top of it. You know, just in case you don’t know what a Steam page looks like, or had missed him saying that’s where Tarkov’s heading.

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Will existing players who want to switch to Steam have to buy it again and start from scratch? That’s what folks in Buyanov’s replies wondered, and he doesn’t look to have provided an answer. Don’t worry, I’m sure everything’ll work out ok.

If it’s been a while since you’ve escaped to Tarkov, cheaters have remained an issue in it over recent years, but it’s still on our top survival games list. Also here’s an excerpt from an article about Craig Pearson hunting down some toilet roll in it:

I stalked the corridors, cracking doors and checking rooms, closing them as I went, because I was taught to be respectful even during an apocalypse. I found piles of crap and burnt-out detritus, but no loo roll. When I discovered a body pile on the roof it was full of worthless military doodads. This is a world with more shotguns than sponge soft shitter sheets.

Here’s hoping he’s located some loo paper in the years since 2020.

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September 1, 2025 0 comments

Gaming Gear

Time to Save Up: iPhone 17 Pro Price Hike Appears Imminent, Says New Report

by admin August 30, 2025

The iPhone 16 series dropped last year with the same US prices as the iPhone 15 series. But the iPhone 17 might come with the first price increase in years.

James Martin/CNET

Apple will announce new iPhone 17 phones at its annual fall event on Sept. 9, showing off new features of iOS 26, possible camera updates and new case designs, all leading up to a dramatic price reveal. This year, that figure could be $50 higher for the iPhone 17 Pro models, based on a rumor that surfaced on the Chinese social media site Weibo, from a user named Instant Digital (Setsuna Digital).

The rumored price jump corroborates an earlier prediction from Jefferies analyst Edison Lee, who says that the iPhone 17 Air (17 Slim), 17 Pro and 17 Pro Max will get a $50 price increase to offset the higher costs of components and tariffs, as reported by Business Insider. He didn’t mention the regular iPhone 17 getting a price increase. If true, that would mean that the starting prices for the iPhone 17 series will be:

iPhone 17: $829
iPhone 17 Air: $979
iPhone 17 Pro: $1,049
iPhone 17 Pro Max: $1,249

Instant Digital also thinks that the baseline iPhone 17 Pro will come with 256GB of storage instead of 128GB like the iPhone 16 Pro.

Since what President Donald Trump touted as “Liberation Day,” the possible effect of tariffs on the iPhone’s price has been widely discussed. And yet iPhone prices have remained the same so far this year.

This news follows a May report by The Wall Street Journal that Apple is considering a price spike and could attribute it to new and updated features instead of tariffs. In any case, the launch of the rumored iPhone 17 will likely come with a higher price, no matter what Trump says or does.

Apple is the third-largest company in the US, and most of its products are manufactured in China. The iPhone’s ubiquity has made it a symbol for the ongoing uncertainty of the US economy and politics. But even without higher component costs or tariffs, the iPhone has been overdue for a price increase. The last one was five years ago.

From left: the iPhone 16, 16 Plus, 16 Pro and 16 Pro Max. Regardless of everything that’s occurred in 2025, the price of the phones has remained the same.

James Martin/CNET

Historically, that makes it the longest stretch of time Apple has gone without a price increase since the five-year period between the iPhone 5 and the iPhone 7, which ended with a costlier iPhone 8. We can learn a lot by looking at how Apple has handled earlier price hikes (and a one-time drop) and what that means for the iPhone 17.

To figure out the likelihood of a price increase, I grouped iPhone models into a few categories: the standard, the flagships and the behemoths. The standard includes models like the original iPhone, the iPhone 8, the iPhone XR and the iPhone 16. The flagships include variants like the iPhone X, iPhone 11 Pro and iPhone 16 Pro. The behemoth’s designation is for phones like the iPhone 6 Plus, iPhone XS Max and iPhone 16 Pro Max. (Other versions that Apple sold, like the iPhone 5C, the SE series, the iPhone Mini line and the current iPhone Plus line, don’t factor into this analysis.) Also, I use the US starting price for each iPhone before any carrier discounts are applied.

Let’s dive in.

Standard iPhone prices

The iPhone 16 launched in 2025 with a starting price of $829, the same as the iPhone 12 did in 2020.

James Martin/CNET

Since its debut in 2007, the standard iPhone has had four price increases and one correction. Many folks might remember paying $199 for the original iPhone, but in reality, the phone cost $499 off-contract. In 2008, Apple raised the price $100 with the launch of the iPhone 3G to $599, where it would stay for four years. Then, in 2012, the iPhone 5 was introduced with a taller, 4-inch screen and a higher $649 price tag.

Fast-forward to 2017, the 10th anniversary of the iPhone, and the iPhone 8 debuted at a cost of $699, a $50 increase. Every year between 2017 and 2019, the price for the standard iPhone changed. In 2018, the iPhone XR launched at $749. The following year, the iPhone 11 came out, and the price dropped back to $699. And what makes that drop interesting is that the iPhone 11 was the first standard Apple phone with two rear cameras: a wide-angle and ultrawide. Up till then, all other standard iPhone models had only a single rear camera. From 2007 to 2019, when Apple increased prices, it was in $50 increments, except between the first and second iPhone models.

Then 2020 happened. It was a wild year for the iPhone and everyone because of the pandemic. But Apple managed to launch the iPhone 12, which cost $829, marking the largest increase for the standard iPhone: $130. Subsequent models all had the same price: The iPhone 13, 14, 15 and 16 all cost $829.

If Apple follows its previous pattern, then the standard iPhone is due for a price increase. The last increase was in 2020, five years ago, and Apple has never gone six years without a price hike on the standard model. But will the company slowly increase the price over a few years, like it did between the iPhone 7, 8 and XR? Or will it go all in like it did with the iPhone 12?

Apple’s most popular product is the standard iPhone, and it’s safe to expect that the iPhone 17 will cost more (and would have even if Trump hadn’t been elected). Now, we just need to wonder how much tariffs and politics might drive the price up even more.

The flagship: iPhone Pro model prices

The iPhone 16 Pro came out in 2024 with a starting price of $999, the same as the 2017 iPhone X.

James Martin/CNET

Apple hasn’t always had an iPhone Pro variant, but it did starting in 2017 with the launch of the iPhone X, which had a starting price of $999. The phone debuted next to the $699 iPhone 8, making the 8’s $50 increase seem like nothing.

But here’s where things get interesting. Apple has never raised the price on the iPhone Pro model. The iPhone X, XS, 11 Pro, 12 Pro, 13 Pro, 14 Pro, 15 Pro and 16 Pro all cost $999. That’s eight years without a price increase!

What’s even more shocking is when you correct for inflation: the 2017 iPhone X’s $999 price would be $1,298 in 2025, according to the Consumer Price Index Inflation calculator. The iPhone Pro is overdue for a price hike, and I expect the iPhone 17 Pro to cost more.

The behemoths: iPhone Plus, Max and Pro Max prices

The iPhone 16 Pro (left) and iPhone 16 Pro Max.

James Martin/CNET

Since 2014, Apple has sold a big version of the iPhone. Some of these were nothing more than a larger version of the standard iPhone with a bigger screen and battery, as well as some minor differences, like the iPhone 6 Plus having optical image stabilization on its camera while the iPhone 6 didn’t. But beginning with the iPhone 7 Plus, the larger version started having “pro” features, like a second rear camera and portrait mode.

In terms of pricing, the iPhone 6 Plus debuted at $749, which was $100 more than the iPhone 6. And that $749 price stuck around for the iPhone 6S Plus and 7 Plus. In 2017, Apple had three iPhone models: the $699 iPhone 8, the $749 iPhone 8 Plus (a $50 increase from the 7 Plus) and the $999 iPhone X.

In 2018, Apple launched the $1,099 iPhone XS Max, which I consider the true successor to the initial iPhone Plus line. That means the big iPhone got a $350 increase in a single year, the largest Apple has ever made. I admit some people might not think the XS Max is a follow-up to the Plus and would deem it an entirely new iPhone variant. But this is my commentary.

Like the iPhone Pro, the Max and Pro Max would have the same price for years. In 2023, Apple raised the barrier of entry for the Pro Max model and didn’t offer a $1,099 version of the iPhone 15 Pro Max with 128GB of storage. Instead, you had to pay $1,199 for the 256GB variant, which technically cost the same as the iPhone 14 Pro Max with 256GB of storage.

The iPhone 17 and 17 Pro’s prices

No one knows how much the rumored iPhone 17 will cost, except Apple.

Apple/Viva Tung/CNET

Even without tariffs, it’s safe to assume that the iPhone 17 lineup’s prices will be higher for some models. But when you factor in everything that’s happened this year, it’s hard to gauge just how much the price will go up and whether that’ll affect just one or two models, or apply across the entire iPhone 17 line.

This year, Apple raised the price on its most affordable model. Although it lacks the SE branding of the previous low-cost iPhone, the iPhone 16E came with a $599 price tag, $170 more than the $429 iPhone SE (2022).

Apple doesn’t talk about unreleased products or their prices. But we do have an unusual-for-Apple clue as to how these tariffs could affect the company.

“Assuming the current global tariff rates, policies and applications do not change for the balance of the quarter and no new tariffs are added, we estimate the impact to add $900 million to our costs,” Apple CEO Tim Cook said during a quarterly earnings call on May 1.

Obviously, that $900 million number wasn’t just for the iPhone but for all Apple products. And that was three weeks before Trump threatened another tariff aimed purely at the iPhone. But $900 million is a lot for any company to swallow, and eventually, that added cost will need to be recouped. That usually means higher prices, even if Trump pressures Apple to attribute the increase to “new designs and features.”

If there’s one thing for certain, we’ll know exactly what those prices will be when Apple launches the next generation of iPhone models at its September event.

Apple didn’t respond to a request for comment.

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August 30, 2025 0 comments

NFT Gaming

‘BNB Microstrategy’ faces imminent Nasdaq delisting as price falls below threshold

by admin August 20, 2025

Windtree, a biotech-turned BNB treasury firm, is facing delisting from the Nasdaq on August 21.

Summary

Nasdaq is set to delist Windtree on August 21, following non-compliance with its $1 share price rule
Windtree’s stock price lost 97.74% in the past six months, to $0.11
Delisting would make it much harder for Windtree to gain access to public markets

Struggling biotech Windtree’s pivot to BNB treasuries could soon come to an end. On Tuesday, August 19, regulatory filings showed that Windtree, sometimes called “BNB Microstrategy,” is facing imminent delisting on Nasdaq over non-compliance.

According to the filing with the Securities and Exchange Commission, Nasdaq will delist Windtree on August 21. Namely, Nasdaq companies must trade above $1 per share, while Windtree, under the ticker WINT, is trading at $0.11.

Critically, the move could place Windtree’s pivot to BNB treasuries at risk. Specifically, the Nasdaq listing effectively turns Windtree into a leveraged play on BNB available on the public market. Without access to the Nasdaq, it would be more difficult for average investors to acquire Windtree’s stock.

Struggling Windtree pivoted to BNB treasuries

Windtree, a biotech firm, announced its pivot to a BNB treasury firm after years of slow business. In the past six months, its stock price has fallen 97.74% to its current level of $0.11.

On July 16, the company first announced plans to purchase $60 million worth of BNB tokens from Build and Build Corp., with the potential to acquire $140 million more. This put the company’s total financing up to $200 million for its BNB treasury.

Just a week later, on July 24, the firm announced securing another $520 million in financing. $500 would come from an equity line of credit agreement with an undisclosed financeer, and another $20 million from a direct stock purchase from Build and Build Corp.

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August 20, 2025 0 comments