Metaplanet announced the establishment of two subsidiaries on March 12, namely Metaplanet Ventures and Metaplanet Asset Management. The former will invest 4 billion yen to support the Japanese Bitcoin ecosystem, launching an incubator and funding programs; the latter is positioned as a digital credit and Bitcoin capital market platform, aiming to connect Asian and Western capital markets. The first investment is a maximum of 400 million yen in JPYC.

On March 12, the three major U.S. stock indices performed differently, with the Dow Jones falling 0.6%, the S&P 500 dropping 0.08%, and the Nasdaq rising 0.08%. Oil stocks performed strongly, with Western Oil up 4% and Oracle up 9%. Cryptocurrency-related stocks showed mixed gains and losses.

Gate News bot message: According to the latest Gate TradFi data, XTIUSD has risen by 4% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.

Gate News bot message: According to the latest Gate TradFi data, XAGUSD has dropped 4% in the short term, with current volatility significantly higher than the recent average level, and market activity has increased.

MetaMask integrated the Uniswap API into its exchange service on March 11, supporting v2, v3, v4, and UniswapX protocols, based on their liquidity and pricing advantages. The API is available to developers for free and has served various applications, with the total trading volume of the Uniswap protocol exceeding $4 trillion.

Gate News bot message: According to the latest Gate TradFi data, LI has risen by 4% in the short term, and the current volatility is significantly higher than the recent average level, indicating increased market activity.

On the Polymarket prediction market, an account invested $5,800 to buy options with a transaction volume exceeding $1.5 billion for the crypto payment card, causing the probability to surge from 4% to 88%. This change was driven by PaymentScan adding RedotPay data, increasing the transaction volume from $1 billion to $1.456 billion, approaching the preset threshold.

The operator of Korea's token securities platform PIECE, Bycell Standard, has completed Series A funding of 4 billion KRW, with major investors including Xperix Group and S&S. The new funds will be used for acquiring core assets, recruiting talent, and applying for licensing in the investment sector.

Gate News Report, March 11 — The Hong Kong Monetary Authority's first batch of stablecoin licenses will be issued after the Two Sessions, with fewer than 4 companies in the initial batch. It is reported that RD Technologies, the issuer of the stablecoin participating in the HKMA's "sandbox" testing, will not be awarded a license in the first batch. The company was founded by former HKMA Chief Executive Chen De-lin. The HKMA previously revealed that a total of 36 institutions submitted applications for stablecoin licenses in the first round, but emphasized that the number of licenses issued in the initial batch will definitely not be large, with a focus on cautious and prudent approval.

Hyperliquid announced the official launch of HIP-4 on the testnet on March 11, introducing the first batch of cyclical binary options markets based on HyperCore's spot prices. The contract is fully collateralized, featuring nonlinear payoffs and expiration characteristics. Future plans include launching one-day expiration markets for BTC and HYPE, as well as multi-outcome markets. The network upgrade will expand the scope of portfolio margin applicability and set limits on the supply and lending of USDH.